Btc dump. It is time for some alts to recover against BTC - page 3.

Cherylstar86

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Quote from: slaman29 on July 21, 2019, 03:47:39 AM

Quote from: Klausi on July 18, 2019, 05:53:51 PM

Actually that's how altcoins and bitcoin behaves along the way as price continued to fluctuate during each and every price rally. If it's time for the alts to recover at certain value, then it's time for buyers who have long term trading goals to take actions and shouldn't miss it.

It's generally how they behave, that's true, but it's not always the case in the past. I'm sure many will remember the so called flippening for Eth, that of course just never happened. There will be some time again I'm sure for alts to move ahead of Bitcoin, but that will always be temporary and rare in between btc rises.

I don't generally feel that the estimation of certain alts bridge with bitcoin, on the grounds that we know about the extraordinary tittle of bitcoin that stands as the main resource among monetary forms. In any case, there is immense of propensity that altcoins will develop accomodately.

davis196

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Quote from: ONEnergy on July 17, 2019, 07:35:25 AM

I am seeing btc can dump to as low as $7700 level. I think it is not the end of BTC bull run but as BTC dominance so high and alts bleeding from January against BTC i think it is time now for some alts to recover.

XRP went down from 10000 sat to as low as 2800 sat. My bet goes to XRP this time and i think can recover to 4500 - 6000 sat area.

You posted this on July 17.Four days later and BTC is around 10,520 USD.Your short term prediction was wrong,OP.

How can altcoins recovers if 99% of them are just lame bitcoin clones and most of them usually follow the bitcoin price movements.If bitcoin goes down,altcoins will go down as well.Last year,some altcoins were pumped,while bitcoin was in a bear trend,but that was mostly a crypto whale manipulation and it won't happen again anytime soon.

slaman29

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Quote from: Klausi on July 18, 2019, 05:53:51 PM

Actually that's how altcoins and bitcoin behaves along the way as price continued to fluctuate during each and every price rally. If it's time for the alts to recover at certain value, then it's time for buyers who have long term trading goals to take actions and shouldn't miss it.

It's generally how they behave, that's true, but it's not always the case in the past. I'm sure many will remember the so called flippening for Eth, that of course just never happened. There will be some time again I'm sure for alts to move ahead of Bitcoin, but that will always be temporary and rare in between btc rises.

Indrawan77

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Yeah the high dominance of btc causing the alt coin hard to recover, but the alt will have difficulty to rise if the btc dropping too fast, but I think soon btc will rise again and making the alt price going down, the setback is just temporary the support of btc still high

pundit

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Quote from: ONEnergy on July 17, 2019, 07:35:25 AM

I am seeing btc can dump to as low as $7700 level. I think it is not the end of BTC bull run but as BTC dominance so high and alts bleeding from January against BTC i think it is time now for some alts to recover.

XRP went down from 10000 sat to as low as 2800 sat. My bet goes to XRP this time and i think can recover to 4500 - 6000 sat area.

I am in the same boat.XRP value may increase in a short time, there is no decrease in value & volume of XRP trading, still its in top 5 places. BTC and ETH have good growth in bull market but due their high coin values its a bit difficult for anyone to take decision on XRP or XLm investment.
I must say keep holding your coins, good time is there on the calendar, do not worry you will get desired value of your coins.

bitgolden

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Quote from: el kaka22 on July 18, 2019, 03:18:07 AM

I do not understand what the alts are waiting for at all. When bitcoin goes up they go down because bitcoin is going up and their worth are pegged to dollar instead of bitcoin so their dollar value is either same or a bit less while their bitcoin value goes down a lot.

When bitcoin goes down they go down with it in dollar value as well for some reason while keeping the bitcoin value same. So with this logic whatever happens to bitcoin the eventual outcome is altcoins going down in price, what are they going to fall to zero dollars? That doesn't happen neither, sometimes all of a sudden out of nowhere altcoin prices start to go up, it is not because btc went up or down, it just happens without any reasoning at all. It is really hard to predict these things overall.

I do not think they will go to zero, you are only looking at it from the perspective of coins that are below top 100, what of the coins within the top 100, they are the ones that really have use case, and virtually all of those coins respond to bitcoin when it increases, same as they respond also when they decrease in value.

Remember also, that there is a time called altcoins seasons, and this is the time that most altcoins usually surge in price, although they all still depend on bitcoin too, because bitcoin will have to consolidate first before altcoins can start having their own bull run, and most of these altcoins that seems to you like they are zeroing will surely pick up, I think this should be best time to add some altcoins to our basket, especially ones that are still within the top 50 coins in the market.

pawanjain

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Quote from: Oceat on July 17, 2019, 12:50:56 PM

We are done already in the bearish trend it's time for the bullish trend this year.

You never know mate. Nobody has seen the future. Hence the probability is 50 - 50.

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Although the price of Bitcoin yesterday dropped to $9.3k but thankfully it just started to rise a little at $9.8k this time.
This might be another correction of the price again but didn't expect the price to go down at this point.

We can see that it has further increased to a price of $10.5k. It's currently going sideways. It's hard to say whether it will go upwards or downwards from this point.

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And why is that someone still believes in XRP even though they know already that it is a centralized currency?

Lol

. It's bound to disrupt in the future. No matter how hard the XRP developers try to promote XRP shit, it's never gonna turn them into a fortune.
Besides that, now since the Libra coin is going to be released, it's gonna be way tough for XRP to stand a chance to compete against Libra.
Although Libra is again a centralized currency, it can beat XRP as it has a wide area of support.

davinchi

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I think altcoins are having a bit of trouble getting new money into them and that seems to be their biggest problem for now. I mean not that many people want to buy ethereum for example, they want to buy bitcoin or they do not want to be in crypto but the amount of people who want to directly go into eth is not really that much. It drops the price of ethereum of course because there are sellers but not that many buyers, the people who buy ethereum are the traders and already investing people but "new" people are nowhere to be found.

If we can find a reason for people to go back on altcoins then the price may increase again but until then there seems to be no way for altcoins to recover for now. That ethereum example was just an example, same applies to all altcoins of course.

ONEnergy

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Majority of altcoin should gain against BTC in the coming week. After consilidation, it will be BTC turn again to reach ATH + level and then cycle should repeat for the real alt season.

bitbunnny

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Quote from: Klausi on July 18, 2019, 05:53:51 PM

Actually that's how altcoins and bitcoin behaves along the way as price continued to fluctuate during each and every price rally. If it's time for the alts to recover at certain value, then it's time for buyers who have long term trading goals to take actions and shouldn't miss it.

I'm not sure this is going to happen. Bitcoin is still dominating at the market and alts are not going up. Although there is a possibility for Bitcoin price to dump even further.
Still so far I haven't noticed direkt connection between Bitcoin and altcoins in term of price fluctuations and I don't expect for alts to respond on Bitcoin price changes.

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Quote from: ONEnergy on July 17, 2019, 07:35:25 AM

I am seeing btc can dump to as low as $7700 level. I think it is not the end of BTC bull run but as BTC dominance so high and alts bleeding from January against BTC i think it is time now for some alts to recover.

XRP went down from 10000 sat to as low as 2800 sat. My bet goes to XRP this time and i think can recover to 4500 - 6000 sat area.

Not sure about that because bitcoin still below than $11k and it needs time before the price can increase. And for XRP, I don't think that the price can increase so soon even if bitcoin price is at a low price like today. But everything can happen as we know that the market can run without anyone can predict, and the price can touch any price. I only hope that XRP can increase higher like before and if that happens, I will sell some of XRP in my wallet and I hope that I can make a lot of satoshis.

ONEnergy

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Quote from: Pursuer on July 17, 2019, 08:53:51 AM

first of all this is not a bitcoin "dump" it is a drop. and you should really know the difference between these basic things if you are in a trading discussion board otherwise it is a better idea if you stay away from trading.
secondly whenever bitcoin price drops, the altcoins go down with it. and a quick look at the altcoin market shows that this time the altcoins are going down like always so there is no exceptions happening here either. in fact one of the reasons why the altcoin market is turning into a big bloodbath is exactly these bitcoin price rise and falls since altcoins go down in both cases.

If you are checking USD value you are correct when BTC drop altcoin drop as well. But crpyto traders trade btc with other crypto pairs (altcoins) not with USD. In this case if BTC drop other part of a pair (altcoin) your are trading with should go up.

Klausi

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Actually that's how altcoins and bitcoin behaves along the way as price continued to fluctuate during each and every price rally. If it's time for the alts to recover at certain value, then it's time for buyers who have long term trading goals to take actions and shouldn't miss it.

MonsterV

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Quote from: FrozenBit on July 18, 2019, 05:01:39 AM

Quote from: ONEnergy on July 17, 2019, 07:35:25 AM

I am seeing btc can dump to as low as $7700 level. I think it is not the end of BTC bull run but as BTC dominance so high and alts bleeding from January against BTC i think it is time now for some alts to recover.

XRP went down from 10000 sat to as low as 2800 sat. My bet goes to XRP this time and i think can recover to 4500 - 6000 sat area.

It will take a long time for alts to grow strongly. As of 2017, when BTC dominates over 70%, alts still cannot grow and it seems that only BTC is a strong increase.
After that, the bubble started to explode, when BTC's Dominance was only about 35% - 40%, then the alts began to increase sharply.
We will also see a strong pump price from BTC and history will continue to repeat.
In my opinion, it's still time to buy BTC and sell it at $ 12k.

But in my opinion, to be more vigilant about bitcoin because according to my technical analysis and looking at the previous chart, bitcoin is still forming a pattern to go down even further. I personally cannot buy bitcoin at this time, I will still wait until the end of the month and look back, which way bitcoin will go. I also hope that as you would expect the price of $12k+ to return, but the alert is more important and more important is to use your own analysis.

sulendra12

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Quote from: sana54210 on July 19, 2019, 01:03:37 AM

because as bitcoin has dumped now, many investor will not be able to get any profit out to pump into altcoins, and most altcoins usually dump along with bitcoin anytime it dumps.

But, after recent dump Bitcoin is increasing once again slowly. With 6% change, sure investor will get their profit back in no long time.

The interesting point is:

Quote from: ONEnergy on July 17, 2019, 07:35:25 AM

I think it is not the end of BTC bull run but as BTC dominance so high and alts bleeding from January against BTC i think it is time now for some alts to recover.

From what we have seen in this past 2 months, that Bitcoin's pump is really dominant than other altcoins. while altcoin is slowly recovering this time. You may have seen some altcoins going up and down in this month.

sana54210

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Quote from: ONEnergy on July 17, 2019, 07:35:25 AM

I am seeing btc can dump to as low as $7700 level. I think it is not the end of BTC bull run but as BTC dominance so high and alts bleeding from January against BTC i think it is time now for some alts to recover.

XRP went down from 10000 sat to as low as 2800 sat. My bet goes to XRP this time and i think can recover to 4500 - 6000 sat area.

What makes you think that it is time for altcoins to start their own bull run, I know the coming of their bull run is very at hand, but the factor that will see to that is not the dumping of bitcoin, because as bitcoin has dumped now, many investor will not be able to get any profit out to pump into altcoins, and most altcoins usually dump along with bitcoin anytime it dumps.

The only time that virtually all altcoins respond to bull run is when bitcoin goes sideways, so the time we should wait for is when bitcoin will go sideways, that is when many of those altcoins will beginning to surge very high in value and probably have a record of another new all-time high before bitcoin continues on its bull journey. Most altcoins shave really reduced now and I think it is time to go for some of them.

79b79aa8d5047da6d3XX

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BTC dominance is still higj up to 40% and if btc dominance has not dropped alt can not ride. So a dump in the price of btc will not cause alts to rise neither will a rise in btc cause alts to rise. Alts rise when btc dominance has reduced and this happens when Btc is stable not when it is dumping or rising

Tungsten-1

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Quote from: Malamok101 on July 18, 2019, 08:27:35 AM

Against bitcoin, bitcoin is the best for me to buy don't loss up some hope to buy and hold bitcoin and switch up to invest in other coins just wait for you big oppurtunity waiting up for bitcoin. Wink

There are many reasons to stay in the BTC market for lucrative exits. If you have a Bitcoin, keep hodling and if you do not have one, better invest in the coin. The reason behind the endorsement is of course the next Bitcoin halving. Before to the halving, we should be expecting the history to repeat itself in the form of a rise in the market value of the coin.

Cherylstar86

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Quote from: Hypnosis00 on July 18, 2019, 12:35:17 PM

Quote from: NeverSop on July 18, 2019, 11:52:25 AM

Quote from: Btczhageh on July 18, 2019, 07:29:33 AM

Things have change and we shouldn't expect much from Altcoins this time compared to last years, when the fall of Bitcoin always lead to the uprising or uprise of the Altcoins in the market. Much more like this will be for a long time from now if ever we will see such opportunity again. Altcoins period are over and maybe be for another decades.

Is not. It seems that it will be a long-term adjustment from the need and long-term awareness of the people to altcoin to be strengthened. But in fact, altcoin's recent recovery is very slow, it seems to be a general sentiment.

It absolutely it takes time before it recovers, we've passing 1year since fall but still, altcoins are not moving back, it may be 1-2years isn't enough. Back then, we can BTC at its move by now and the market started to green again but not just it feels so good cause it is really not showing a good impact. And we are still at a long gap to fill.

That is excessively, and I truly felt so terrible watching the market of altcoins not evolving positively. Be that as it may, I must be progressively hopeful at this point and change my mentality too, in light of the fact that when I become disillusioned at extremely basic circumstance nothing will occur. For me to continue, holding my altcoins will be my best choices to accomplish for the time being until it completely recuperates at certain productive cost.

Kasabus

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Quote from: senyorito123 on July 18, 2019, 03:52:03 PM

Quote from: Indamuck on July 18, 2019, 07:20:11 AM

The same pattern keeps repeating. Eventually a lot of money will go back into altcoins and their gains will out perform bitcoin. It is only a matter of time so make sure you have your investments spread out among all of the top coins. Ethereum is looking like a great buy right now.

Typically that's the best opportunities for all traders to buy their preferred altcoins now, and as recommendations they should check coinmarketcap history. These tokens and coins had previously bounce once into very profitable price so it could possibly be reached again. If you have blockfolio in your mobile phones, signs were all green showing consistent altcoins price increase.

It is not necessary to look at CMC whose giving the best cause it is obvious that the top coins listed in the market are on the lead. We have to be in the right position in order to make more profitable and considering these coins, we can assure for ROI in the future. We can't make it in a short period of time, but of worthy to hold for many years.

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