What we are seeing now is quite confusing. The report says, Japanese market is causing the demand in Bitcoin, that would explain why the altcoins are not crashing badly. It is just that there is more extra cash coming into bitcoin rather than money from altcoins being channeled to bitcoin, which is the normal trend in crypto currency. That explains you know. This is a good example of what will happen in the future when more nations get involved with bitcoin, fresh money, bitcoin all time high. This will be crazy in the next coming 10 years.
But what i do not understand is how on earth BCC is more valuable than ETH? it is at 0.1168 sat at this point of my writing.
Topic: bitcoin to $4000 = altcoin market crash (Read 3076 times)
Oh yeah pump and dump hard!!!
Looks like there are some coins or tokens getting crashed but not that much. Especially top coins aren't even affected by bitcoin rally.
Bitcoin price increase most impact on eth,Altcoin others Just carried away Bitcoin price stability, If btc is stable Altcoin is not affected with btc high value,That's when i make buying and selling altcoin
what do you think about that ?
so far whenever bitcoin price goes up, most of the altcoins (specially the top 10 alts) get dumped pretty hard.
and it has already happened, with bitcoin over $4000 everything is in red again.
even though btc suck blood from other altcoins, but it doesnt mean altcoin crash while the btc go to $4000, the market has proven it recently so far whenever bitcoin price goes up, most of the altcoins (specially the top 10 alts) get dumped pretty hard.
and it has already happened, with bitcoin over $4000 everything is in red again.
I think you are absolutely right. The top altcoins are falling now. I can't imagine when Bitcoin will be 5000$.
They are falling with respect to Bitcoin. If you look carefully at the exchange rates versus the United States Dollar, then you can see that most of the altcoins have held on to their value.
If you invest for the medium - long term across a diverse (10-20 alt-coins), you have nothing to worry about. Avoid trading, unless you are really experiences and everything will be fine. I personally keep my portfolio in 20-35% bitcoin which I believe is fairly optimum for the long-term game.
meh, i can't really see this as a good investment strategy. specially these days.
the total loss + profit of 10-20 altcoins is more negative than positive which means you will lose money in total and also it is hard to keep a close eye on 10-20 alts instead of say 5 good rising coins.
and if you look at the market you can clearly see that almost always only a handful of coins are rising (about 5) in other words if you invest in 10-20 you are only getting profit in 5 of them if you are lucky and lose money in 5-15 others.
and the market is big enough for you to invest even all your bitcoin in just 1 altcoin too.
I think you are absolutely right. The top altcoins are falling now. I can't imagine when Bitcoin will be 5000$.
Looks like there are some coins or tokens getting crashed but not that much. Especially top coins aren't even affected by bitcoin rally.
Altcoins need the right conditions to thrive. The market doesn't like uncertainty in bitcoin. It doesn't like massive bull runs or big corrections in bitcoin. The altcoin market likes a stable sideways moving or very slow increase/decrease in bitcoin. Wild swings and big news like hardforking doesn't give altcoins a good environment to thrive in.
Unlike bitcoin, altcoin market didn't have such fight like hard fork/segwit. Also it depends on bitcoin in price but it didn't move up with bitcoin so other factors are involved I think. Maybe, moving price of bitcoin attracted altcoin investors and they have decided to sell altcoins to buy bitcoin. With the addition of new investors on bitcoin, altcoin market went down. I think alts will need more news to survive against bitcoin.
Altcoins need the right conditions to thrive. The market doesn't like uncertainty in bitcoin. It doesn't like massive bull runs or big corrections in bitcoin. The altcoin market likes a stable sideways moving or very slow increase/decrease in bitcoin. Wild swings and big news like hardforking doesn't give altcoins a good environment to thrive in.
If you invest for the medium - long term across a diverse (10-20 alt-coins), you have nothing to worry about. Avoid trading, unless you are really experiences and everything will be fine. I personally keep my portfolio in 20-35% bitcoin which I believe is fairly optimum for the long-term game.
I think 20% or more is really a good spread for bitcoin. But this should be in longer term. Just let your coin sit in your wallet for about 2 years and I'm sure it will pay good dividends along the way.
Well for some trading is very lucrative so they will continue to do so. But for some of us who are really not good in trading, investment in the best option. You have nothing to worry about unlike in trading which will put some pressure in yourself to make a profit. That is why there are professional traders who are very skilled on this craft and they are making a decent gains from day trading.
If you invest for the medium - long term across a diverse (10-20 alt-coins), you have nothing to worry about. Avoid trading, unless you are really experiences and everything will be fine. I personally keep my portfolio in 20-35% bitcoin which I believe is fairly optimum for the long-term game.
No doubt the whole market is facing bearish times right now but I think it is just a matter of time to see a general uptrend in most of them. We need to keep in mind that this new altcoin market is in expansion and I have no doubt that by the end of this year most coins will be doubling their current price.
Maybe bitcoin price is raise unto $4000 but it not means that altcoin community will be crashed. However, I believe that all coins and altcoin in crypto currency society will be success and increase their price.
With the growth rate of bitcoin, alot of people will start cashout alt.
Guess people still looking forward for bc to keep increasing. this might be a good time to invest a little as well.
Guess people still looking forward for bc to keep increasing. this might be a good time to invest a little as well.
No doubt the whole market is facing bearish times right now but I think it is just a matter of time to see a general uptrend in most of them. We need to keep in mind that this new altcoin market is in expansion and I have no doubt that by the end of this year most coins will be doubling their current price.
what do you think about that ?
so far whenever bitcoin price goes up, most of the altcoins (specially the top 10 alts) get dumped pretty hard.
and it has already happened, with bitcoin over $4000 everything is in red again.
so far whenever bitcoin price goes up, most of the altcoins (specially the top 10 alts) get dumped pretty hard.
and it has already happened, with bitcoin over $4000 everything is in red again.
Yes, I think that's common. I think panic sell will not help here, I prefer to do a hold rather than sell because I am sure that altcoin will pump again.
Even if you profit in altcoins, Bitcoin is the easiest way to cash out. So Bitcoin is riding a wave of its own success and any achieved by the altcoins.
And altcoin market crash means lots of opportunities to invest the money! Just imagine having that much low value coins is bright because everyone knows they will all pump soon. So just have it positively and stick with investments. :-)
it's very true, market altcoin crash it can be used to buy a coin that has a future. market altcoin crash that is a source of profit or opportunity for traders to reap the benefits. Some of you still in your deep slumberland. Wake up. I ams surprised with some of you saying the mass has begin to see bitcoin and adopting it. Dude, which common man actually afford to buy bitcoin at this price? like really? The thing is, say "Hello to the Big Boys". They have arrived. You should have noticed the moment prices jumping by the hundreds in weeks which didnt move that much in years. The game has begun and soon they will begin to hold more coins than anyone of you like how they hold cash. The same 1% controlling 99% will happen again very soon. No doubt the price of your btc will increase but the volume that you hold will shrink. They know the game. Start realising before it is too late.
This made me think of the sudden big increase on bitcoin. You're right, the whales of bitcoin are the ones behind these. Small holders of bitcoin will sell their parts and the ones who will be holding more and more are the big guys in the market.
totally agree. When the Winklevoss twins start their bitcoin ETF, good luck ever being able to afford 1 BTC ever again.
And altcoin market crash means lots of opportunities to invest the money! Just imagine having that much low value coins is bright because everyone knows they will all pump soon. So just have it positively and stick with investments. :-)
Neo isn't crashing, it's been rising faster than bitcoin.
what do you think about that ?
so far whenever bitcoin price goes up, most of the altcoins (specially the top 10 alts) get dumped pretty hard.
and it has already happened, with bitcoin over $4000 everything is in red again.
so far whenever bitcoin price goes up, most of the altcoins (specially the top 10 alts) get dumped pretty hard.
and it has already happened, with bitcoin over $4000 everything is in red again.
You look at the price relative to the Bitcoin, but if you look at the price on the dollar, there isn't changes in the altcoins.
well i think is about the whales...pumping up bitcoin to its highest to make all altcoin holder go crazy and panic to sell there alt making ICO and other alt be dump. but hold on guys all of this will have a back story. [in my opinion perspectively] there are many altcoin holder some are hoarder [lol im one of them] whales decrease the altcoin in the market and then pump it up again very time soon after btc reach to their desire amount.
Some of you still in your deep slumberland. Wake up. I ams surprised with some of you saying the mass has begin to see bitcoin and adopting it. Dude, which common man actually afford to buy bitcoin at this price? like really? The thing is, say "Hello to the Big Boys". They have arrived. You should have noticed the moment prices jumping by the hundreds in weeks which didnt move that much in years. The game has begun and soon they will begin to hold more coins than anyone of you like how they hold cash. The same 1% controlling 99% will happen again very soon. No doubt the price of your btc will increase but the volume that you hold will shrink. They know the game. Start realising before it is too late.
This made me think of the sudden big increase on bitcoin. You're right, the whales of bitcoin are the ones behind these. Small holders of bitcoin will sell their parts and the ones who will be holding more and more are the big guys in the market.
Some of you still in your deep slumberland. Wake up. I ams surprised with some of you saying the mass has begin to see bitcoin and adopting it. Dude, which common man actually afford to buy bitcoin at this price? like really? The thing is, say "Hello to the Big Boys". They have arrived. You should have noticed the moment prices jumping by the hundreds in weeks which didnt move that much in years. The game has begun and soon they will begin to hold more coins than anyone of you like how they hold cash. The same 1% controlling 99% will happen again very soon. No doubt the price of your btc will increase but the volume that you hold will shrink. They know the game. Start realising before it is too late.
Bitcoin is making its way up all the way, reaching new all time highs, this indicates that bitcoin is superior. No altcoin should claim to be better than bitcoin. I just can't wait for the day it reaches +$10000, probably it will be sooner than we all expected.
It has to be expected,with this fast growth rate of bitcoin,people will start dump their altcoin and cashout before the bubble burst
No one will take risk to wait bitcoin to be even higher,we afraid that it will surely drop after this high rise
No one will take risk to wait bitcoin to be even higher,we afraid that it will surely drop after this high rise
In just a short time, Bitcoin reaches $ 4,000, altcoin go to the moon, this makes me very scared about the altcoin because I am sure next week all altcoin will decrease because they will definitely sell altcoin to buy Bitcoin because Bitcoin prices are currently very high and can certainly reach $ 5000 next week
Let's be patient and see what happens next week.
Maybe after Bitcoin has a short rest, altcoins will be stronger and will go up.
I hope next week the charts will turn green. It is painful to my eyes looking at the red marks. All of my coins are going down. Some are even incurring more than 20% dip. Damn! I was actually happy looking at bitcoin flying high but I was not expecting that this is much disadvantageous to the altcoin world.
You can check rate USD/Altcoin, most altcoin are increasing up the value or stand still, example: ETH = $300 (changed from $200 in last week), XMR = ~$50 (stand still the price), ...
Every dumps have pumps as every pumps have dumps.
Exactly !! Better to wait this one out and not sell your alt coins until after the big pump.
In just a short time, Bitcoin reaches $ 4,000, altcoin go to the moon, this makes me very scared about the altcoin because I am sure next week all altcoin will decrease because they will definitely sell altcoin to buy Bitcoin because Bitcoin prices are currently very high and can certainly reach $ 5000 next week
Let's be patient and see what happens next week.
Maybe after Bitcoin has a short rest, altcoins will be stronger and will go up.
yes i think so, let see what happens next week, altcoin it still getting down and bitcoin get increase again, if that happen i must make decision for cutlose my altcoin, but i hopefully altcoin will be increase.
From 11btc fall down to 7.5btc at altcoins. 
And the money cloud is not raining to my altcoins too. I dont want to change them from very very low price to btc. Of course after this cloudly times, we will see sunshine. Every dumps have pumps as every pumps have dumps.
And the money cloud is not raining to my altcoins too. I dont want to change them from very very low price to btc. Of course after this cloudly times, we will see sunshine. Every dumps have pumps as every pumps have dumps. I feel somewhat fishy with the price of btc. Suddenly it is going up and up. This actually reminds me of gold price manipulation starting 2005. 5 big firms including lehmann brothers were slowly increasing the price continously back then. These increase arent normal. Be careful with your decision at this point. It would be best to hold on to your btc then sell them high.
few days back I was reading somewhere and it stated if btc doesnt go above 3.5k it will be then down trend. suddenly its above 3.5k. then I read it might touch 4k and now its in the 4k. Now I read it will touch 5k. God knows who is playing this game. Just dont get butthurt.
few days back I was reading somewhere and it stated if btc doesnt go above 3.5k it will be then down trend. suddenly its above 3.5k. then I read it might touch 4k and now its in the 4k. Now I read it will touch 5k. God knows who is playing this game. Just dont get butthurt.
For me it was the demand since bitcoin goes $4000 now. many people are now being interested on bitcoin since it was now quadruple in price since january 2017. Many people are now believing on bitcoin since it was the future fiat plus the segwit has now locked-in.
THANK YOU FOR YOUR PERFECT ADVICE
i was looking at my btc value in alt coin land go from 3.5btc to 2 btc !!!!
was gunna just dump for fiat .... but better off waiting it out !
thx again
namaste
what do you think about that ?
so far whenever bitcoin price goes up, most of the altcoins (specially the top 10 alts) get dumped pretty hard.
and it has already happened, with bitcoin over $4000 everything is in red again.
so far whenever bitcoin price goes up, most of the altcoins (specially the top 10 alts) get dumped pretty hard.
and it has already happened, with bitcoin over $4000 everything is in red again.
It is common, when the bitcoin price rises altcoin down and we can use it to buy altcoin that we predict will be able to rise again
Soon we will see a thread like bitcoin to $3000 altcoin market pump. Bitcoin is overpumped now and be dumped soon probably after segwit.
Why bitcoin to $4000 = altcoin market crash? 
Not logical
Not logical In just a short time, Bitcoin reaches $ 4,000, altcoin go to the moon, this makes me very scared about the altcoin because I am sure next week all altcoin will decrease because they will definitely sell altcoin to buy Bitcoin because Bitcoin prices are currently very high and can certainly reach $ 5000 next week
Let's be patient and see what happens next week.
Maybe after Bitcoin has a short rest, altcoins will be stronger and will go up.
I hope next week the charts will turn green. It is painful to my eyes looking at the red marks. All of my coins are going down. Some are even incurring more than 20% dip. Damn! I was actually happy looking at bitcoin flying high but I was not expecting that this is much disadvantageous to the altcoin world.
I also have noticed that a few months already, but there are some coins who stays steady around a certain price but most of the time when Bitcoin price goes up most of the Altcoins dump hard, I'm not sure if it has to do with Bitcoin rising because if it dumps too the Altcoins would also try to regain back the price. Very fishy indeed.
In just a short time, Bitcoin reaches $ 4,000, altcoin go to the moon, this makes me very scared about the altcoin because I am sure next week all altcoin will decrease because they will definitely sell altcoin to buy Bitcoin because Bitcoin prices are currently very high and can certainly reach $ 5000 next week
Let's be patient and see what happens next week.
Maybe after Bitcoin has a short rest, altcoins will be stronger and will go up.
It may wait a big crash for altcoin market in next week, when bitcoin price will be more high as $5000.
this is what i was speculating for a long time now. ever since the pumpings of this year started in altcoin market. i remember saying this to a friend that altcoins started their pump when bitcoin started to have issues (the high fees, slow transactions, the FUD, the debate over block size,...) and all that were causing the price to remain low.
i told him that as soon as all these bitcoin issues are solved we will see altcoins get dumped and bitcoin to rise up fast. and now that is exactly what's happening.
i told him that as soon as all these bitcoin issues are solved we will see altcoins get dumped and bitcoin to rise up fast. and now that is exactly what's happening.
Alt can crash extremely fast and this might just be the beginning. If you remove the buy support from illiquid markets, there is really just one outcome.
based on my observation bitcoin and altcoins have an inverse relationship in their value, when the value of bitcoin rises then altcoins are losing their value, and vice versa. so if you are hopeful of your altcoins so let's wait for a market correction until it reach -200 to -300 USD from ATH.
They are taking advantage of the high price, exiting from altcoins to get more bitcoin. Then they can dump it for fiat. They can buy bitcoin again if the price gets back down. This is a natural reaction of the market everytime the price of bitcoin suddenly goes up.
I'd have to agree with you on this point I think alot of folks cash out in to btc -> local currencies when the price of btc spikes then buy back in when it dies...it went from 1000 to ~300 -> $2500 to ~$1800 -> $3000 to ~4? ~5? who knows. I wouldn't be surprised if it's a huge fucking pump and dump though ha
no dude, your history is way off the mark
bitcoin price went up from $0.01 to $0.1 then $1 then $12 then $20 then $100 and then $200
by this time a malicious exchange got big enough (similar to poloniex of today for altcoins) which controlled about 75-80% of the total volume and fake pumped the tiny market of that day up to nearly $1200 and then scammed and ran away. we can exclude this from history
then price went up to $400, $600, $700 (the halvening) then broke $1000 then $1500 then $2000 then $2400 and then $2700 and then $3000 and now it has gone up fast to $4100
all this time each of these rises which are the same size happened over a good period of time for accumulation and then it went up higher and also there has been a lot of drops after each of these to make a healthy correction.
on the other hand a pump and dump means price goes up and then down not only up for 6 years (excluding Mt Gox from the total <8 )
in a pump and dump there is no correction either.
what do you think about that ?
so far whenever bitcoin price goes up, most of the altcoins (specially the top 10 alts) get dumped pretty hard.
and it has already happened, with bitcoin over $4000 everything is in red again.
well if you understand how crypto will work then its a good chance to buy those alts that you think will have a big chance of bouncing back, fluctuation happen then correction will follow be sure that you already review coins who's already in its dip so afterwards you will be able to gain a lot, just be very careful and make an extra research before placing an entry.so far whenever bitcoin price goes up, most of the altcoins (specially the top 10 alts) get dumped pretty hard.
and it has already happened, with bitcoin over $4000 everything is in red again.
That's not what I've see right now since if you take a look on what is happening on some alts their the price of them got rise for more and yet I'm earning with my long bag hold coins eventhough the bitcoins price is surging. The only Alt I've seeing getting down is the ETH and the wallet maintenance is occuring for this coin right now.
what do you think about that ?
so far whenever bitcoin price goes up, most of the altcoins (specially the top 10 alts) get dumped pretty hard.
and it has already happened, with bitcoin over $4000 everything is in red again.
well if you understand how crypto will work then its a good chance to buy those alts that you think will have a big chance of bouncing back, fluctuation happen then correction will follow be sure that you already review coins who's already in its dip so afterwards you will be able to gain a lot, just be very careful and make an extra research before placing an entry. so far whenever bitcoin price goes up, most of the altcoins (specially the top 10 alts) get dumped pretty hard.
and it has already happened, with bitcoin over $4000 everything is in red again.
Winter is coming.
A four month long pump and dump?!?!?!? That is crazy. But who know could be true. I hope not thom
I'd have to agree with you on this point I think alot of folks cash out in to btc -> local currencies when the price of btc spikes then buy back in when it dies...it went from 1000 to ~300 -> $2500 to ~$1800 -> $3000 to ~4? ~5? who knows. I wouldn't be surprised if it's a huge fucking pump and dump though ha
I think its going to take one of the premium coins pumping very hard to start things off for all the big alts. That will then trickle down to the newer coins. When btc broke 1200, Dash was the first to kick things off. Went x10 or higher. Dash has 3 conferences in Europe scheduled in September. Could history repeat itself?
its mid august and bitcoin price reached 4,000. its likely the new target is 5,000. lets hope more new people get into crypto and invest more money, so not only btc price will go up, alt coins will go up too.
In just a short time, Bitcoin reaches $ 4,000, altcoin go to the moon, this makes me very scared about the altcoin because I am sure next week all altcoin will decrease because they will definitely sell altcoin to buy Bitcoin because Bitcoin prices are currently very high and can certainly reach $ 5000 next week
I now seem to think that Bitcoin rising no end is not that healthy anymore to the crypto market. I think it is better if there are fluctuations even if the general line is upward. I remember the past prediction that this year 2017 will end up with BTC having reached $4000. It came much earlier and all the alts are dumping now.
This means people don't want to invest their fiats in BTC right now because the price is too high - this is why they moved out from altcoins instead and put their money in bitcoins to avoid deflation. Altcoins will be back on track as soon as BTC price stabilizes again (probably at 5000s). I am also crossing my fingers because I have bags of altcoins that decreased their BTC value but fortunately increased in USD. 
what do you think about that ?
so far whenever bitcoin price goes up, most of the altcoins (specially the top 10 alts) get dumped pretty hard.
and it has already happened, with bitcoin over $4000 everything is in red again.
so far whenever bitcoin price goes up, most of the altcoins (specially the top 10 alts) get dumped pretty hard.
and it has already happened, with bitcoin over $4000 everything is in red again.
Yes, I think that's common. I think panic sell will not help here, I prefer to do a hold rather than sell because I am sure that altcoin will pump again.
Bitcoin strong, all the "ICO" coins come down quickly. Those who bought "primalbase" at 3-5 BTC per token now can sell only at 1 BTC. The "investors" lost big.
what do you think about that ?
so far whenever bitcoin price goes up, most of the altcoins (specially the top 10 alts) get dumped pretty hard.
and it has already happened, with bitcoin over $4000 everything is in red again.
so far whenever bitcoin price goes up, most of the altcoins (specially the top 10 alts) get dumped pretty hard.
and it has already happened, with bitcoin over $4000 everything is in red again.
Yes, I think that's common. I think panic sell will not help here, I prefer to do a hold rather than sell because I am sure that altcoin will pump again.
this is what has happened so far to altcoin market,
- bitcoin goes up ---> altcoins drop
- bitcoin dumps ----> altcoins get dumped harder.
it is the dynamic of the market. although there are exceptions too.
in any case i have found out that altcoin market is only good for certain period of times.
- when bitcoin is stable and boring
- when there is a lot of FUD about bitcoin and how it is going to die
and we have seen and also exhausted both these options to pump altcoins this year.
this is a terrible advise on so many different levels.
first because bitcoin is rising and the rally is just starting and it is pretty strong!!
and also because tether is not exactly the best option you can rely on.
- bitcoin goes up ---> altcoins drop
- bitcoin dumps ----> altcoins get dumped harder.
it is the dynamic of the market. although there are exceptions too.
in any case i have found out that altcoin market is only good for certain period of times.
- when bitcoin is stable and boring
- when there is a lot of FUD about bitcoin and how it is going to die
and we have seen and also exhausted both these options to pump altcoins this year.
Sell it as bit coin or buy tether and wait it out.
this is a terrible advise on so many different levels.
first because bitcoin is rising and the rally is just starting and it is pretty strong!!
and also because tether is not exactly the best option you can rely on.
Once it settles people will spend there coins else where. Just give it time and accumulate your favorite coins.
i dont think bitcoin is gonna surge past 4k that easily and maintain it on the 1st try)
It surged past $3000 last week and people said wait for it to drop below $3000 to buy.
Bitcoin pretty much has something that no other coin has -- new investors to crypto bringing in new money, a of whom might never invest in another crypto.
I feel somewhat fishy with the price of btc. Suddenly it is going up and up. This actually reminds me of gold price manipulation starting 2005. 5 big firms including lehmann brothers were slowly increasing the price continously back then. These increase arent normal. Be careful with your decision at this point. It would be best to hold on to your btc then sell them high.
few days back I was reading somewhere and it stated if btc doesnt go above 3.5k it will be then down trend. suddenly its above 3.5k. then I read it might touch 4k and now its in the 4k. Now I read it will touch 5k. God knows who is playing this game. Just dont get butthurt.
few days back I was reading somewhere and it stated if btc doesnt go above 3.5k it will be then down trend. suddenly its above 3.5k. then I read it might touch 4k and now its in the 4k. Now I read it will touch 5k. God knows who is playing this game. Just dont get butthurt.
For me it was the demand since bitcoin goes $4000 now. many people are now being interested on bitcoin since it was now quadruple in price since january 2017. Many people are now believing on bitcoin since it was the future fiat plus the segwit has now locked-in.
what do you think about that ?
so far whenever bitcoin price goes up, most of the altcoins (specially the top 10 alts) get dumped pretty hard.
and it has already happened, with bitcoin over $4000 everything is in red again.
I don't think this is crash like anything because here thr main factor of the excitement of increasing price .so far whenever bitcoin price goes up, most of the altcoins (specially the top 10 alts) get dumped pretty hard.
and it has already happened, with bitcoin over $4000 everything is in red again.
Here if you figure something throughout then you will found that the price is changing from end to end with the bitcoin rise or dump .
Suppose you have any coin at at price 0.01btc/coin then after increase the price of the bitcoin , the price of the coin became down but if you will sell that coin for the btc and then sell for the fiat then there will be the value of the money same that you invested earlier .
So we need just change our mentality no to think anything much about and keep calm and hold btc and altcoin to get better profit in future
Just wait a few hours/days and it'll go back to normal, as usual. You also have to realize that while bitcoin grew only a few % during the week, some altcoins had INSANE bull runs - likEe NEO, OMG, IOTA, PAY, among others... Just don't try any fancy trades right now and wait it out (i'd even say that waiting it out in an altcoin you trust right now is better, i dont think bitcoin is gonna surge past 4k that easily and maintain it on the 1st try)
bitcoin surely suck blood from altcoin, the market cap of btc equal to the total 2-50 behind, as much as to say, its the half of blockchain, so the little wave of btc will cause tide in the whole market
Bitcoin is pretty high right now, i think it will dump in a few days, it has been rising since it was $2800, so i think there is gonna be a big correction after all this bullish trend ends, as far as i know all the altcoins are in red right now, i am waiting until the market make a correction so i can buy altcoins in that moment and take a short term profit, i dont like to do trading but i wont lose this opportunity.
what do you think about that ?
so far whenever bitcoin price goes up, most of the altcoins (specially the top 10 alts) get dumped pretty hard.
and it has already happened, with bitcoin over $4000 everything is in red again.
Try ask again the reason make the altcoin market dumped to lowest price!so far whenever bitcoin price goes up, most of the altcoins (specially the top 10 alts) get dumped pretty hard.
and it has already happened, with bitcoin over $4000 everything is in red again.
1. Have whales control the price of Bitcoin or not? - Yes, have them, if not have them on market the current price Bitcoin can't reached $4,000.
2. Why most altcoin top 10 in May dumped, even base price in 6-8 months ago? - Just by speculator and trader can't keep their calm and sell all altcoin for going to buy Bitcoin
=> FOMO of Bitcoin and make panic selling Altcoin
Final, what is benefit whales earned from control the price of Bitcoin? I will let you find the answer yourself.
I saw a lot of altcoins now are being down their prices even the top market capitalization list. I think bitcoins' increasing of its price will affect the price of any other cryptocurrency or altcoins. Bitcoin price now is $4000 and I think it is reaching $5000 and it has a big possibility.
what do you think about that ?
so far whenever bitcoin price goes up, most of the altcoins (specially the top 10 alts) get dumped pretty hard.
and it has already happened, with bitcoin over $4000 everything is in red again.
Yeah, I guess it's hard to decide whether my alt will be on hold or sell, hoping will be increase to simultaneously, loool may have to wait twice for it and certainly very long. ..so far whenever bitcoin price goes up, most of the altcoins (specially the top 10 alts) get dumped pretty hard.
and it has already happened, with bitcoin over $4000 everything is in red again.
Perhaps you could share your experiences of overcoming it.
Sell it as bit coin or buy tether and wait it out.
Seems there is sudden support for tether, anything folks have heard to inspire this recent increase in mentions here?Now that we've seen btc pass 4k (and eth grow with it) with no crashes, whatever hands are moving it up, we can only hope it keeps going up. Crashes / dips usually recover better if they fall from a higher point. All for it!
Sell it as bit coin or buy tether and wait it out.
I feel somewhat fishy with the price of btc. Suddenly it is going up and up. This actually reminds me of gold price manipulation starting 2005. 5 big firms including lehmann brothers were slowly increasing the price continously back then. These increase arent normal. Be careful with your decision at this point. It would be best to hold on to your btc then sell them high.
few days back I was reading somewhere and it stated if btc doesnt go above 3.5k it will be then down trend. suddenly its above 3.5k. then I read it might touch 4k and now its in the 4k. Now I read it will touch 5k. God knows who is playing this game. Just dont get butthurt.
few days back I was reading somewhere and it stated if btc doesnt go above 3.5k it will be then down trend. suddenly its above 3.5k. then I read it might touch 4k and now its in the 4k. Now I read it will touch 5k. God knows who is playing this game. Just dont get butthurt.
what do you think about that ?
so far whenever bitcoin price goes up, most of the altcoins (specially the top 10 alts) get dumped pretty hard.
and it has already happened, with bitcoin over $4000 everything is in red again.
so far whenever bitcoin price goes up, most of the altcoins (specially the top 10 alts) get dumped pretty hard.
and it has already happened, with bitcoin over $4000 everything is in red again.
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