Topic: Do we have a full-fledged crypto currency market? (Read 261 times)
No I guess because all are depending on bitcoin so we can see the priority of bitcoin. Other crypto currency system like ethereum or altcoins they are mostly depended on bitcoins pricing so we can see the importance of bit coin which impact the whole market also people who are interested to invest in bitcoin they are also motivated because bitcoin is more profitable.
maybe it can be said like that because all Altcoins now nod to Bitcoin. when Bitcoin rises then Altcoins up and Bitcoin down then Altcoins down.
but it can be different when Altcoins has an event, like trading Altcoins A will get a bonus for 1st 50%, 2% 25% and 3% 10% of ALtcoins total balance he has, like yesterday I follow my local exchange event, and Altcoins is up almost 45% in 2 days, whereas Bitcoin is down.
It is likely that the growth of the crypto currency was influenced by the holding of the conference Consensus 2018. However, the conference itself was criticized by traders. First of all, they condemned the fact that some experts exaggerate too much the possibilities of growth of the bitcoin rate and can not give an objective assessment of the price dynamics of the crypto currency. For this reason, there was a need to further improve the estimated methods of bitcoin.
Yes, I don't think so.
At present, almost all tokens have a relatively uniform trend.
At present, almost all tokens have a relatively uniform trend.
We all know that most coins and tokens have a price dependence on bitcoin. We have seen how the whole market fell after the December drop in the bitcoin rate, while the market almost froze for four months. I believe that so far we do not have a full-fledged crypto currency market. It will be only when the price growth or fall of each coin or token will be determined by the peculiarities of the development of the individual project of this crypto currency, and not by the state of bitcoin at the given time. Each coin or token must have its own pricing policy. Until this happens, we can assume that we do not have a full-fledged crypto-currency market. And how do you feel about this?
Yes I am completely agree with your statement that the entire crypto currency market is is dependent on bitcoin only and the flactuation in the valuation of bitcoin governs the flactuation of valuation of other crypto currencies too, its like bitcoin be the king of all the crypto market . In present time I don’t feel that we have that full fledged crypto market who is fit to fly but I am sure for one thing that the time will come when crypto currencies will become the leader of the all the currencies
There are many crypto stocks. I recommend you use the popular ones.
The crypto stock market does not accept any mistakes. The instant error is causing irreversible things.
People can not trust. Hackers exploded many stock market sites.
Investors must use offline wallets.
If you find a reliable stock exchange site, let me know.
The crypto stock market does not accept any mistakes. The instant error is causing irreversible things.
People can not trust. Hackers exploded many stock market sites.
Investors must use offline wallets.
If you find a reliable stock exchange site, let me know.
I feel the same way that now all coins are still dependent on bitcoin price movements. If all coins have the principle of each movement then crypto market will be more excited for the investors. There needs to be a development from each of the crypto development teams to escape the bitcoin dependency so that the coins they manage can be coins that counters by investors other than bitcoin.
We all know that most coins and tokens have a price dependence on bitcoin. We have seen how the whole market fell after the December drop in the bitcoin rate, while the market almost froze for four months. I believe that so far we do not have a full-fledged crypto currency market. It will be only when the price growth or fall of each coin or token will be determined by the peculiarities of the development of the individual project of this crypto currency, and not by the state of bitcoin at the given time. Each coin or token must have its own pricing policy. Until this happens, we can assume that we do not have a full-fledged crypto-currency market. And how do you feel about this?
in my opinion, prices go up and down is common in crypto, let alone altcoins is dependent on bitcoin, let's see, when bitcoin prices go down, altcoins will also fall, but, if investing in the long run we will be able to make big profits , for that do not hesitate to buy bitcoin or other altcoins
Indeed, I agree with your statement. There are almost no free prices for altcoin which is one of the biggest barrier of crypto currency. Most of the crypto currencies are dependent on bitcoin and this is not good at all. Each coins or tokens must have their own pricing policies. Until this I don’t think we have any full-fledged crypto currency market.
I am fully agreed with you. Crypto market is not fully developed yet. It is very new technology in recent time. Even i think blockchain technology is a complex system. But time is developing everyday. So i believe that it will be full-fledged crypto market- may be not today but surely oneday.
Well Bitcoin is most popular and trusted Crypto among all. And a lot of people are working to develop Bitcoin. So, dependency is pretty logical. And then this dependency is very normal. In fiat currency, other currencies have dependency on Dollar or Euro. Dependency doesn’t matter much in market. I believe when more people will get into Crypto, everything will be just fine.
in short it is because there is no demand for altcoins.
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I wouldn't go so far as to say that there's no demand for alt coins. But there's definitely no demand for almost 99.9% of them -- literally.
In my opinion some of the alts would be able to stand on their own, but get swept away with the rest of the market whenever something bad -- or good -- happens. Alts with strong communities that may even include people that never touched BTC at all, beyond transferring between exchanges. They are the ones that sometimes manage to decouple from the rest of the market for longer durations than just the occasional pump and dump; If only for a limited time.
For the most part I agree with your statement though -- the vast majority of alts are purely utilized as means to increase Bitcoin holdings (or fiat, for that matter). Even the stronger alts are for a large part used for what amounts to leveraged Bitcoin trading, hence the strong correlation between Bitcoin and alt price movement.
in short it is because there is no demand for altcoins.
more accurate answer is that the demand for altcoins is purely from speculators aka traders who are only using altcoins inside exchanges and their goal is to make profit usually on bitcoin that they have invested in them. this means nobody cares about altcoins, nobody uses them or anything they just exist there to help bitcoin investors increase their investment in bitcoin. so when bitcoin price is moving everyone rushes back to bitcoin that matters to them.
more accurate answer is that the demand for altcoins is purely from speculators aka traders who are only using altcoins inside exchanges and their goal is to make profit usually on bitcoin that they have invested in them. this means nobody cares about altcoins, nobody uses them or anything they just exist there to help bitcoin investors increase their investment in bitcoin. so when bitcoin price is moving everyone rushes back to bitcoin that matters to them.
you are right buddy, bitcoin is very much influential we all agree that, this is the only reason when bitcoin changes its position, it affects the entire market. so if we don't want that we gave to engeage more and more people into the market so that other currencies will be able to get stronger. then we might see a well balanced market.
We all know that most coins and tokens have a price dependence on bitcoin. We have seen how the whole market fell after the December drop in the bitcoin rate, while the market almost froze for four months. I believe that so far we do not have a full-fledged crypto currency market. It will be only when the price growth or fall of each coin or token will be determined by the peculiarities of the development of the individual project of this crypto currency, and not by the state of bitcoin at the given time. Each coin or token must have its own pricing policy. Until this happens, we can assume that we do not have a full-fledged crypto-currency market. And how do you feel about this?
It depends on what do you mean by full pledged market?because market only relying on us,were the one why market flows and move depends on how we make transactions on it..so i dontee reason why market needs to pledge for us,while i think were the one who must pledge for the market We all know that most coins and tokens have a price dependence on bitcoin. We have seen how the whole market fell after the December drop in the bitcoin rate, while the market almost froze for four months. I believe that so far we do not have a full-fledged crypto currency market. It will be only when the price growth or fall of each coin or token will be determined by the peculiarities of the development of the individual project of this crypto currency, and not by the state of bitcoin at the given time. Each coin or token must have its own pricing policy. Until this happens, we can assume that we do not have a full-fledged crypto-currency market. And how do you feel about this?
All other coins are dependent on bitcoin itself, however the price movement of the alts depends on their own market demand but it looks like all other coins are depending on bitcoin because bitcoin has a market that you can buy alts using bitcoin and as well as ethereum has also a market. That is why there is a connection among all alts on bitcoin.
indeed I agree with what you say, if the market market depends on bitcoin prices. I have also been researching and looking at the history that happened about 4 months ago since bitcoin soared up down and down. For me the currency market for bitcoin most of the time is the individual market for its own profit.
We all know that most coins and tokens have a price dependence on bitcoin. We have seen how the whole market fell after the December drop in the bitcoin rate, while the market almost froze for four months. I believe that so far we do not have a full-fledged crypto currency market. It will be only when the price growth or fall of each coin or token will be determined by the peculiarities of the development of the individual project of this crypto currency, and not by the state of bitcoin at the given time. Each coin or token must have its own pricing policy. Until this happens, we can assume that we do not have a full-fledged crypto-currency market. And how do you feel about this?
There is no relation between the bitcoin price and other crypto currencies prices but it is all about people trust on bitcoin have effects on the other crypto currencies too when the bitcoin price falls.But already each coin has its own pricing depends on the demand and supply so it is now in our hand to change our mindset towards the crypto currencies.
If for altcoin / tokens from bitcoin, I do not have experience there yet. If for the ETH token I have a lot of experience, and based on my experience, the price of the tokens is not dependent on the ETH but rather live independently.
We all know that most coins and tokens have a price dependence on bitcoin. We have seen how the whole market fell after the December drop in the bitcoin rate, while the market almost froze for four months. I believe that so far we do not have a full-fledged crypto currency market. It will be only when the price growth or fall of each coin or token will be determined by the peculiarities of the development of the individual project of this crypto currency, and not by the state of bitcoin at the given time. Each coin or token must have its own pricing policy. Until this happens, we can assume that we do not have a full-fledged crypto-currency market. And how do you feel about this?
And you even wonder why the fall of prices bitcoin fell all the other coins?
Because a number of large companies banned advertising ISO
Then the ban on advertising crypto currency in social networks
From here, there was a decline in all of the Crypto currency
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