Bitcoin rise altcions fall! - page 4.

Lorna111

member

Activity: 280

Merit: 11

Quote from: Kokondao on July 23, 2018, 08:22:25 PM

yes it is true and it is not what it used to be and I thought yesterday that altcoin will soon follow the price movement up again, and I think it will happen soon.

We have different opinion on the above topic....Market is Volatile, anything can happen at any given time, it may goes up and may goes down dependent on the Volume of market investment. If you look into the market trends, reading about the inputs or even speculation of Experts on Crypto Currency Market. Some say's as per their Observation IT IS THE SHIFT ON INVESTMENT, they pull out from coin then re invest to Bitcoin, traders are doing this.

onrise

sr. member

Activity: 1512

Merit: 316

Quote from: temperatunre on July 25, 2018, 02:37:59 AM

There is no exact prediction about thisproblem. Even now or in the future, the price of bitcoin or altcoin can not be guessed

This is the short term problem as in some days even altcoins will rise as it has happened before as well where for few days altcoins kept falling and then it started to rise. SO do not worry much about it and good time to buy as well.

asus09

sr. member

Activity: 1344

Merit: 270

Quote from: abderrazak belkhir on July 23, 2018, 05:40:08 PM

After a long period of dependency we see now that the bitcoin rise alone and other major altcoins are down or stay at their price...what do you think about that

yes, with more growth for bitcoin makes many short trades switch to hold bitcoin than on altcoin. this is only natural. I think you have to learn a lot about trading and market patterns when rapid growth and decline. this is for your insight at a later date

BitBite5

member

Activity: 210

Merit: 40

Such scenario was already seen. When the bitcoin price is on the way up altcoins often fall probbaly because people are more focused on bitcoin and are buying it more hoping that the price will rise evn more.
current bitcoin price trend looks good, hope it will continue this way.

Eden Thompson

copper member

Activity: 104

Merit: 0

Bitcoin is the first one, has the biggest market cap and volume trade per day so it works as a market thermometer. Adding to what have been said, traders use bitcoin’s as an indicator of market felling and wait for a good move on bitcoin to enter theirs trades on other coins.

TontomHit

member

Activity: 170

Merit: 10

It may be, because all the news are about Bitcoin lately. Especialy the potential Bitcoin ETF, which would be a huge thing to Bitcoin, if accepted.

Kasliono

member

Activity: 266

Merit: 10

Quote from: abderrazak belkhir on July 23, 2018, 05:40:08 PM

After a long period of dependency we see now that the bitcoin rise alone and other major altcoins are down or stay at their price...what do you think about that

Based on my experiences since one and a half year. The price of altcoins will be increasing when the price of bitcoin is stay or steady. And the altcoins will be down when the prices of bitcoin is going up or going down. It is because when the bitcoin is steady it meand that the people did not buy it. On the other hand, they buy altcoins. So the prices of altcoins is going up. Just my opinion.

light22man

member

Activity: 311

Merit: 10

I think we now see the repeat of the autumn scenario when bitcoin rise rapidly and money move from altcoins into bitcoin that's why al top altcoins will be suffering for months

yansen

full member

Activity: 588

Merit: 106

Quote from: abderrazak belkhir on July 23, 2018, 05:40:08 PM

After a long period of dependency we see now that the bitcoin rise alone and other major altcoins are down or stay at their price...what do you think about that

I've seen it in previous hikes. it has become a trend. when bitcoin prices rise, all altcoins go down. what I am thinking.? For sure is waiting for bitcoin prices to stabilize at the top, and buy altcoins. because when bitcoin is stable. then the altcoin price will go up.

adrianto1995

full member

Activity: 714

Merit: 160

Just wait a little moment, I'm sure altcoins will follow the Bitcoin soon...
So far Bitcoin dominating over 47% against Altcoins, that's why almost all altcoin price crashes

I hope altcoin will bullish when August comes, especially for Ethereum... Wink

ridertiger

full member

Activity: 490

Merit: 110

That is because a lot of people are selling their altcoins to buy bitcoin, that could be the reason.

anushkasachith888

member

Activity: 546

Merit: 12

That's how the market acts now. when bitcoin price goes up Altcoin price goes down. At the moment bitcoin price goes sideway then Altcoins price started to rise rapidly. You will see this again. wait and see.

wisdomcn

full member

Activity: 350

Merit: 100

Yes, I experienced this same incident early of the year 2018 that is around January when the price of bitcoin dropped down to $8,000 plus after the major increase it was below $9000 per bitcoin some weeks and the price of ethereum and other altcoin increased massively and bitcoin did not go up with them. Same thing is happening now.

temperatunre

newbie

Activity: 31

Merit: 0

There is no exact prediction about thisproblem. Even now or in the future, the price of bitcoin or altcoin can not be guessed

Amokomowo2005

jr. member

Activity: 140

Merit: 1

https://eloncity.io/

It has always been happening and this not the first and the last time, people sell their altcoins to bitcoin when they see its rising to FOMO.

killat

member

Activity: 742

Merit: 21

Be the reason someone smiles today

It's funny how people become suddenly experts when BTC recovers and when it dips they consider it a scam.

Btc will remain the one and only useful Crypto currency for yet a long time. There are plenty if shops and services that accept pays in BTC but none of them will accept altcoins.

That's why it's pretty normal that BTC raises and altcoins not. (Some of altcoins will raise soon, too, but poor projects will remain hopefully in the dark)

BTcoint

hero member

Activity: 553

Merit: 500

Quote from: mmo4me.2016 on July 25, 2018, 12:16:25 AM

True, unlike previous times, bitcoin price increases, altcoin will rise in price, this one is completely different! More consideration!

What do you think the reason of change ? do you think whale filled their stock so they can manipulate altcoins ?
Nowadays trading markets are very strange and dangerous at the same time .

SimonJones

sr. member

Activity: 485

Merit: 250

It's a cycle. It has been happening every cycle. BTC will rise as people sell alts to buy BTC and then they will buy back alts later which will cause the alts to rise. Most of it is done to increase BTC position. So at the end, BTC is King.

louie69

member

Activity: 322

Merit: 12

I had also observed such scenario where altcoins has not increased simultaneously with btc. I believed that this has something to do with supply and demand issue wherein this time, more supply in altcoins with a less demand. Since people had came to notice that btc had a drastic increased, investors holding altcoins may have been dumped and switch to btc investment to earn much greater profit than with their investment in altcoins.

phuenvi1987

newbie

Activity: 19

Merit: 0

Alcoins will return back after 26/7/2018

Topic: Bitcoin rise altcions fall! - page 4. (Read 763 times)