Has the price of Altcoin stopped in one place? - page 5.

Vishnu.Reang

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Quote from: Dr.Osh on February 21, 2020, 09:07:49 AM

however, it depends on the circumstances. an altcoin is always changing, especially altcoin that has just developed. the thing that we most often see is a point when altcoin prices stop, like ethereum today. however, it all depends on the trend, if the crypto trend goes up again, I think that point will be higher.

As long as the cryptocurrencies don't have any real usage, their prices will remain in a depressed state. Even Ethereum has few real life uses. It was the first platform to offer smart contracts, but this concept hasn't taken off. Smart contracts are not being used widely outside the cryptocurrency sector. I hope that the situation will change once ETH 2.0 comes online.

Dr.Osh

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however, it depends on the circumstances. an altcoin is always changing, especially altcoin that has just developed. the thing that we most often see is a point when altcoin prices stop, like ethereum today. however, it all depends on the trend, if the crypto trend goes up again, I think that point will be higher.

Docnaster

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The tradition has been that BTC price dictates the turns taken by altcoins, and indeed there have been situations in the past where due to BTC pumping, altcoins also increased in popularity.

However, altcoins don't always depend on the BTC factor as sometimes some BTC levels change in accordance to the developments and infrastructure created by that ICO or whatever, which received social spreading or awareness. In other words, altcoin prices tend to follow the crypto market regulator 'BTC' but there are also exceptions.

trauchot

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Altcoins will constantly grow and fall, it will not happen that altcoins will stand still on one place for a long time, the cryptocurrency market is constantly moving and therefore the price of altcoins is either increasing or decreasing, this is how the cryptocurrency market works and you should not even worry about it.

bitcoinst

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If the price of altcoins stopped in one place, then this would be one of the most joyful and sad events for many people.
Indeed, on the one hand, alternative coins would stop their uncontrolled fall, on the other hand, they would stop their growth, and at the same time, the desire to invest in them would fade.

I understand what you are talking about. However, I think that everything will depend only on what will happen with Bitcoin now.
For example, in the case of correction, alternative coins will most likely behave in a classic way - they will react to the fall of Bitcoin with their own fall, which is likely to plunge everyone into another depression.

LbtalkL

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Only promising altcoin that built trust through the years goes up just like Ethereum it is following bitcoin tail but other altcoins are being buried to dust with no movements at all. This is where we filter good from bad ones but be careful of a pump and dump altcoins it is very common now. It is normal in cryptocurrency to fall, unpredictable price, up and down just like bitcoin. But there is an altcoin that stops at fixed price those are stablecoins like USDT.

qazgroup

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Do not worry, as far as i have analysed all good alts looking good to gain value from bulls but do remember that it is mostly the big ones that will give the clear move especially btc and eth and then the bullish wave will transfer to other good alts and low cap tokens so if you want to take the first mover advantage you should get btc and eth.

ballerin and giroud

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Quote from: aliijaz12560 on February 02, 2020, 05:56:13 AM

It seems that the price of Altcoin has stopped in one place and is getting lower. If the price of Altcoin stays at that fixed point, then it is very difficult for the price of Altcoin to fall. If the price of Altcoin now becomes too high, then people will start buying more and more, which will cause the price of Altcoin to go up. Is that right?

Who will be fixed it? I think there is no one who can be able to do that. Setting the price foe just one altcoin even its developer/creator can never do that. This price cryptocurrencies will just depend on the news, depend on the altcoin itself, if the altcoin has the function that many people think it can be used and many useful in the future then they will choose as their investment place and its price will slowly up although we can face many thing (fall and up) but eventually this coin price will goes up.

kawetsriyanto

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Quote from: aliijaz12560 on February 02, 2020, 05:56:13 AM

~~If the price of Altcoin stays at that fixed point, then it is very difficult for the price of Altcoin to fall.~~

How the price of altcoins can stay at a fixed rate? I think it is quite impossible for now since the rates of altcoins purely determine by "sell-buy" of traders on the market. The fall in price is a risk of investing/trading in altcoins, it is unavoidable. Everybody knows that altcoin prices are very volatile and unstable. But you can minimize the risk if you know how crypto market works and the trends of crypto coins.

>Choose the right time to buy and avoid buying because of HYPE!!

ije07

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I can't confirm whether it's true or not, because cryptoqurrency prices are difficult to guess and price fluctuations depend on demand or supply in the market. but if the price of a coin increases because demand is higher than inventory in the market.

worle1bm

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Quote from: aliijaz12560 on February 02, 2020, 05:56:13 AM

It seems that the price of Altcoin has stopped in one place and is getting lower. If the price of Altcoin stays at that fixed point, then it is very difficult for the price of Altcoin to fall. If the price of Altcoin now becomes too high, then people will start buying more and more, which will cause the price of Altcoin to go up. Is that right?

There are two trend lines going simultaneously for every altcoin and median of both determine the price of coin. One is general trend line which follows the trend of bitcoin and the other is coin specific line which follows the trend of coin itself. It's appearing that altcoins have stopped at one place because the price of bitcoin has become less volatile in last few months. But that doesn't mean it is guarantee that price will only go upwards from here. If bitcoin dumps, other coins will fall too.

bryant.coleman

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Quote from: Samayuki on February 03, 2020, 10:17:34 AM

People should stop expecting altcoins to surge higher like how bitcoin is presently growing, this is not possible, the growth you will see from altcoins will be lower until bitcoin reach a higher price, it still a good time to accumulate altcoins, not much difference from their bear market price

I am not sure about this. In investment, there is always a saying that you should never try to catch a falling knife. Investing in altcoins right now is exactly like trying to catch a falling knife. To put it honestly, I don't see any sign of a recovery in the altcoin market. The market share continues to decline and a lot of users are stuck with investment in altcoins. These people don't want to book their losses now. But eventually, they will run out of patience and get rid of their holdings. There will be a bloodbath in the market then.

Samayuki

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People should stop expecting altcoins to surge higher like how bitcoin is presently growing, this is not possible, the growth you will see from altcoins will be lower until bitcoin reach a higher price, it still a good time to accumulate altcoins, not much difference from their bear market price

sheenshane

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Quote from: Rosilito on February 03, 2020, 09:28:26 AM

snip-
Probably because of bitcoin gradual pump? Don't you think?

As I noticed, I must say yes. Technically speaking, the market price was almost all tied up to the Bitcoin price movement. All I can see, most of them will pump up when the price of Bitcoin goes up. The word volatile makes them fluctuate every now and then and there's no reason altcoins will stop in one place.

Besides, I didn't see when Bitcoin has a small correction altcoins price in the market showing green, it should also in red color showing that they swing the same movement to Bitcoin.

Rosilito

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Quote from: samcrypto on February 02, 2020, 07:21:45 AM

Some altcoins already made a big pump, you see ETH now? Some altcoins was not able to pump right now, simply because they can’t and maybe the investors still have no trust to put big money during a bear market. If the price of altcoins becomes high again then not all can afford to buy and I’m sure hodlers will sell their holdings and we will see the corrections again, the pump and dump is already here since then and altcoins can’t afford to be stuck in one place for a long time, the pump is coming.

Agree, some alts especially on the top list are moving upwards. Probably because of bitcoin gradual pump? Don't you think? Anyway, this movement would not last long, it will fall then shortly since, pumps are just being accompanied by other's movement rather than having the pump to a certain altcoin alone. Trust is being test here, and people lack of that. So once it had reach, may be close to its highest price for a certain week/day people would right down selling it off quickly, like how ETH moves, imo.

thesmallgod

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It is simple demand and supply. When there are more demand, the scarcity tendency will increase which mean the price will increase. Also when people beginning to sell massive the altcoin the price will start to decrease and this is exactly what happen when you see price of crypto falling or rising. However, this scenario can't be generalized even when the market start bleeding and crypto start showing reds, there will still be some that may rise but their risen might not have increase beyond their price drop rate which means it will still be green. Also, in some occasions, the price may remain steady especially when trading volume per time is almost zero

QueenVera

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Quote from: aliijaz12560 on February 02, 2020, 05:56:13 AM

It seems that the price of Altcoin has stopped in one place and is getting lower. If the price of Altcoin stays at that fixed point, then it is very difficult for the price of Altcoin to fall. If the price of Altcoin now becomes too high, then people will start buying more and more, which will cause the price of Altcoin to go up. Is that right?

You have to be more specific as your using of the word Altcoin is confusing since most alts aren't benefiting from the current bullish signs in the market. The top cryptocurrency are all gaining value over the past couple of weeks also but the smaller cap coins are losing value. Which altcoins are you speaking of directly as that'll make your post more understandable.

FanatMonet

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The price of altcoins varies greatly, but basically, its vector is the vector of Bitcoin's movement, if Bitcoin grows, then altcoins grow even against its background, if it falls, then it crushes altcoins by itself.

Of course, there are coins that grow independently of it, but for this you need to have a team that would constantly improve the coin.

cytpoway121

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Quote from: aliijaz12560 on February 02, 2020, 05:56:13 AM

It seems that the price of Altcoin has stopped in one place and is getting lower. If the price of Altcoin stays at that fixed point, then it is very difficult for the price of Altcoin to fall. If the price of Altcoin now becomes too high, then people will start buying more and more, which will cause the price of Altcoin to go up. Is that right?

Firstly there is no fixed point or price for any altcoin
The prices depend on the e demand for the token.

If an altcoin offers people value, there will be hype and a high demand for such token which will lead to a high or pumped price

Mealea

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Personally I don't think that the price of altcoins has stop rising. Halving is getting closer, so everyone is get ready, the price of altcoins is about to begin to rise.

Topic: Has the price of Altcoin stopped in one place? - page 5. (Read 848 times)