If Bitcoin price increases suddenly. What will happen?

alan2here

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Quote from: gaston castano on October 13, 2019, 01:15:40 PM

if BTC rises suddenly ALT will automatically follow it the only reason for ALTseaon is the sudden and very high increase in BTC.
of course it will have an impact on many projects, projects with low turnover or stable prices may go up because of the BTC pump

Bitcoin increase will help a lot of other altcoins have new growth but in order to do this, investors must tend to buy more to let this market go up. I think in this period of time, the sudden increase in Bitcoin price will be very unlikely because the bear market is still overwhelming this market so we will have a lot of investment problems.

I personally want Bitcoin to rise and hope this will happen soon this year because I am holding more than 80% of Bitcoin and this is considered my only investment this year.

Shasha80

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I am very confident with the large potential of bitcoin, if the bitcoin price increases suddenly there will be positive changes. Like the increase in investors who will invest in bitcoin, but the end of 2017 will not happen again now investors already understand that the price of bitcoin is volatile. What follows will be many ICO / IEO projects with the rising price of bitcoin. But for investors must be careful in choosing projects because there are many scammers who are greedy to take advantage of rising bitcoin prices, by making fake projects. But the occurrence of bitcoin price increases suddenly my estimation will happen in 2020 because I saw a BTC halving moment in May 2020. We'll see just keep going on about the development of this bitcoin price.

hirngespenst

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If Bitcoin price increases, investors will be investing again in reputed coins and startup projects. But not every wise investor will go for ICO. As you can see, successful ICO projects failed badly to give profits since 2018! But this is true that many investors will be back in crypto investment again. Bitcoin price falls mean the whole crypto market falls. Whales can buy from the dip, but many investors feel disappointed by seeing BTC at a lower price.

MMA Rats

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If Bitcoin starts to rise sharply, then it will be very good for the cryptocurrency, but there are doubts about alts, because they can both grow and fall from the growth of Bitcoin

Patrix_1

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There are two ways where we can go if BTC price increases. First of all, if BTC increases and the dominance increases at the same time, altcoins will drop dramatically. Secondly, if investors would switch to altcoins, we would have another altcoin season.

gaston castano

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if BTC rises suddenly ALT will automatically follow it the only reason for ALTseaon is the sudden and very high increase in BTC.
of course it will have an impact on many projects, projects with low turnover or stable prices may go up because of the BTC pump

ardentvolcanoes

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Quote from: TrevorS on October 04, 2019, 12:12:28 PM

Unfortunately, a similar situation already happened in 2017. A lot of people got burned about bitcoin while investing in cryptocurrency in 2017 - early 2018. I don’t think that the situation will happen again, people perfectly understand the instability of bitcoin and the crypto market, they will be careful to carry money into this area. Probably before halving we will see a few drawdowns of bitcoin, perhaps until the beginning of the year, maybe there will be more panic sales, after which the price will go up to the levels of 15k - 20k +.

There's a strong chance that the market will begin to show another run after this year, news about halving most of the time creates a good sign for investors to place again there respective entries. those investors are carefully analyzing the situations they've learned from previous mistakes and won't like to experienced same thing again.

Same with what you said, investors are wisely nowadays. Will wait for new good news and observe if what will be the reactions coming from the majorities before taking any actions.

TrevorS

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Unfortunately, a similar situation already happened in 2017. A lot of people got burned about bitcoin while investing in cryptocurrency in 2017 - early 2018. I don’t think that the situation will happen again, people perfectly understand the instability of bitcoin and the crypto market, they will be careful to carry money into this area. Probably before halving we will see a few drawdowns of bitcoin, perhaps until the beginning of the year, maybe there will be more panic sales, after which the price will go up to the levels of 15k - 20k +.

cunguks

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we have seen it this year, between June and July I think. Bitcoin pumps occur because of very strong trading dominance compared to other assets. it makes altcoin lagging can't keep up and keep up with the pump that's happening. even some altcoins experience a decline when bitcoin starts the pump.

bouren

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Quote from: Duzter on October 03, 2019, 11:45:39 AM

Quote from: coingrowth on October 03, 2019, 07:28:36 AM

From the past 6 months, the price of altcoins is fluctuating and the dominance of Bitcoin is kept increasing. Even it is showing any effect on the investment we made through IEO's. Now, most of the exchanges are like asking their base token for investments, as of now, only altcoins are facing this situation.

The dominance of bitcoin is strong above 67% while the ethereum dominance is found less than 10%
This year there isn't no big growth with most of the altcoins, very few altcoins grew high in value.
This year there was a big growth with Binance as it gets paired with more IEOs and gets launched.
As the exchange native token is paired for IEO launch, the growth of ethereum got disturbed.
If there is growth with bitcoin there'll be growth with altcoins to some range but not as bitcoin's

I think Binance fever is over too. Due to certain IEOs, especially Bittorrent one, BNB rose very high. But at present BNB is just $15 which is approximately 50% collapse in just 2 months. I don't see any altcoin to stand against Bitcoin in 2019. So it is better to keep all money in BTC and wait for right time to get benefited from intra-crypto trade.

Duzter

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Quote from: coingrowth on October 03, 2019, 07:28:36 AM

From the past 6 months, the price of altcoins is fluctuating and the dominance of Bitcoin is kept increasing. Even it is showing any effect on the investment we made through IEO's. Now, most of the exchanges are like asking their base token for investments, as of now, only altcoins are facing this situation.

The dominance of bitcoin is strong above 67% while the ethereum dominance is found less than 10%
This year there isn't no big growth with most of the altcoins, very few altcoins grew high in value.
This year there was a big growth with Binance as it gets paired with more IEOs and gets launched.
As the exchange native token is paired for IEO launch, the growth of ethereum got disturbed.
If there is growth with bitcoin there'll be growth with altcoins to some range but not as bitcoin's

Hippocrypto

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Quote from: judeafante on October 03, 2019, 07:46:49 AM

Quote from: andrea1234 on September 03, 2019, 06:42:51 AM

If Bitcoin price increases suddenly.
Does this change encourage buyers to consider investing in Crypto solutions like ICO platform or Exchange Software Development for their Business?

It depends on what the purpose that these software and platform will bring to the community, but since you mentioned ICO I doubt if it will going to have a demand, investors are leaving ICO for good in exchange to IEO and besides so many ICO platform are already online, but if the product is good even if there is no increase in price of Bitcoin investors are going to buy it.

That's not a problem if people option to leave ICO or IEO, much better if that happens. It could bring good impact to the demand of bitcoin, so the people will now focus actually with bitcoin. Unlike those days that diversion of investors with other coins due to ICO projects, has been totally devastating a lot of funds that goes to nothing. Once sudden price spikes would eradicate, we will see massive demand to further attract more investments.

judeafante

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Quote from: andrea1234 on September 03, 2019, 06:42:51 AM

If Bitcoin price increases suddenly.
Does this change encourage buyers to consider investing in Crypto solutions like ICO platform or Exchange Software Development for their Business?

It depends on what the purpose that these software and platform will bring to the community, but since you mentioned ICO I doubt if it will going to have a demand, investors are leaving ICO for good in exchange to IEO and besides so many ICO platform are already online, but if the product is good even if there is no increase in price of Bitcoin investors are going to buy it.

coingrowth

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From the past 6 months, the price of altcoins is fluctuating and the dominance of Bitcoin is kept increasing. Even it is showing any effect on the investment we made through IEO's. Now, most of the exchanges are like asking their base token for investments, as of now, only altcoins are facing this situation.

jacafbiz

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Price increase in Bitcoin has nothing to do with people investing in ICO/IEO, Greediness is what stop the ICO party, people are not getting the ROI they used to get, just checked this year for example how many of these IEO/ICO have actually outperformed Bitcoin, most of these projects are under their ICO price and no one wants t lose money, until people start getting sustainable ROI that is when they will start investing in some of these projects

Deborah Christine

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Quote from: andrea1234 on September 03, 2019, 06:42:51 AM

If Bitcoin price increases suddenly.
Does this change encourage buyers to consider investing in Crypto solutions like ICO platform or Exchange Software Development for their Business?

I think investors have lost confidence with ico. Even though the price of bitcoin goes up high it still won't make ico any more successful. Ico is dead and abandoned. The golden era of ICO has ended. At least that is what is seen in the market.
Currently investors are more interested in investing in IEO or directly buying coins in the market.

MMA Rats

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If Bitcoin starts to grow quickly and strongly, its dominance will increase very much, but on the other hand, alts will fall even more and alts will have an even worse market position

skarais

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Without the good news and prices started to rise suddenly, I think that can still happen. But it usually starts with a sideways condition, because when a sideways condition occurs there are two possibilities. The first pump and the second dump.

Emperor of Man

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A sudden fast increase ain't that good, and it's frequently followed by a dump. But if crypto rises in a stable and trustworthy manner for a long time maybe people will start to come back and trust it, which will lead to a healthy growth and maybe good new projects.

nanaimogold

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Quote from: andrea1234 on September 03, 2019, 06:42:51 AM

If Bitcoin price increases suddenly.
Does this change encourage buyers to consider investing in Crypto solutions like ICO platform or Exchange Software Development for their Business?

Rising bitcoin prices is always positive for cryptocurrency market. The growth in market capitalization will portray general acceptance by the public and new people will be eager to ride the wave by investing more funds in cryptocurrency projects

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