Ignore this Alt Speculation sub-forum until bitcoin price stabilises?

Silberman

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Quote from: cryptolit on November 13, 2017, 04:18:56 AM

Quote from: very_452001 on November 10, 2017, 11:26:12 AM

When bitcoin goes up, Alts go down.

When bitcoin goes down, Alts go down.

When Bitcoin price is stable flat line then Alts prices go in the green.

I know it's all speculation but isn't it possible for bitcoin AND alts to go up?

Yes but at the same time you need to understand the next, both alts and bitcoin can go up in cash but alts and bitcoin cannot go up at the same time when compared to each other, if bitcoin grows faster than alts even if alts are growing against cash they are losing ground against bitcoin and if the opposite happens then alts gain ground against bitcoin.

Mahanton

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Quote from: very_452001 on November 10, 2017, 11:26:12 AM

When bitcoin goes up, Alts go down.

When bitcoin goes down, Alts go down.

When Bitcoin price is stable flat line then Alts prices go in the green.

All above happens regardless of any Alt and regardless how good the road map is for that Alt.

So in summary just ignore this Alt speculation sub forum till bitcoin price stabilisation?

Or which altcoins are independant from bitcoin and the above statements?

Its all random and theres no fix correlation with bitcoins price into alts price because there are instances on where price do go even on any situation.Alts would go with the flow and some would really go on its directions which means it doesn't really depend but seeing on common situation on where prices of bitcoin surges up its already normal to see that Alts go on reds because people are switching out to btc.

Silberman

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Quote from: very_452001 on November 10, 2017, 11:26:12 AM

When bitcoin goes up, Alts go down.

When bitcoin goes down, Alts go down.

When Bitcoin price is stable flat line then Alts prices go in the green.

All above happens regardless of any Alt and regardless how good the road map is for that Alt.

So in summary just ignore this Alt speculation sub forum till bitcoin price stabilisation?

Or which altcoins are independant from bitcoin and the above statements?

Those are good rules of thumb the alts that do not follow those patterns most of the time are at a very specific time in their lives, for example when everything is green and a coin is in the red the reason may be that there are internal problems, and when everything is red and that coin is green that may be because there has been a new development on the coin, like an upgrade or being listed in a big exchange.

BCEmporium

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Quote from: very_452001 on December 07, 2017, 04:20:34 PM

What are your guys comments now?

I don't see bitcoin price being sideways stabilising instead a crazy rally to $20k? If so what chances Alts will have against king bitcoin? Even Ethereum is not at $1000 yet.

Also I like Alts to raise in BTC value not $USD inflationary paper money value as $ is meaningless hence in my opinion there's still a lot of bag holders out there still in btc losses.

BTC and altcoins rally in turns if you haven't noticed. It's not easy to predict the flow of the money though.

very_452001

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What are your guys comments now?

I don't see bitcoin price being sideways stabilising instead a crazy rally to $20k? If so what chances Alts will have against king bitcoin? Even Ethereum is not at $1000 yet.

Also I like Alts to raise in BTC value not $USD inflationary paper money value as $ is meaningless hence in my opinion there's still a lot of bag holders out there still in btc losses.

very_452001

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Quote from: Luuk on November 29, 2017, 09:52:37 AM

I agree with this thread, considering the update Gulden is about to do. All eyes on bitcoin.

Yeah I don't see Gulden surpassing ATH's in btc value, $USD value is meaningless. I dont like USD fiat paper inflation I like my BTC to grow not dollars

Luuk

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I agree with this thread, considering the update Gulden is about to do. All eyes on bitcoin.

devollito

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Maybe it is looked like what you though in fact the coin getting pump if whale decide to pump it and ussually it is happen with the great news behind it. Pump without news sometimes work sometimes no. Pumps makes people fomo and makes the coin going very high. I also though like you think but not now. Sometime btc up and there is some altcoin going up with it.

peter0425

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Quote from: Idrisu on November 29, 2017, 08:27:37 AM

I think we should actually hold until we can see bitcoin is stabilize and bitcoin price can be bring under control. For now the fluctuations is too high and there is no way some of the alternative coins can bear this preasure. I think one should hold altcoin's investment as you are definitely going to loss if you convert your bitcoin to altcoin. All the coins need bitcoin to survive but bitcoin did not need them to survive.

There are really good altcoins out there that are for long term hodl, like ETH. Right now bitcoin price will not stabilize or go to straight line because the sentiment is very bullish. But I don't think that the altcoin market is pressure with all the bitcoin run. Actually they hold as well, look at the top 5-10 coins and they have also enjoying a good run.

I somewhat disagree with the notion that altcoins needs bitcoin to survived, each altcoin is different project in my opinion and has its own "fan boys" just like bitcoin. I think they can survived all through out. They need each other mutually.

BCEmporium

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Quote from: jacaf01 on November 29, 2017, 08:36:44 AM

I think what is happening now is just market sentiment, people are still not confidence hold Altcoins when Bitcoin is rally, when Altcoins rally they call it bubble but it is not so with BTC which is a concern to me

What do you mean? A lot of people have been calling Bitcoin a bubble for as long as it has existed.

jacaf01

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The revolutionary trading ecosystem

I think what is happening now is just market sentiment, people are still not confidence hold Altcoins when Bitcoin is rally, when Altcoins rally they call it bubble but it is not so with BTC which is a concern to me

Idrisu

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I think we should actually hold until we can see bitcoin is stabilize and bitcoin price can be bring under control. For now the fluctuations is too high and there is no way some of the alternative coins can bear this preasure. I think one should hold altcoin's investment as you are definitely going to loss if you convert your bitcoin to altcoin. All the coins need bitcoin to survive but bitcoin did not need them to survive.

very_452001

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Speculators are saying bitcoin will go to $40000 next year.

If thats the case will we ever see green ATH's for Alts in btc value not $USD value?

cryptolit

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Quote from: very_452001 on November 10, 2017, 11:26:12 AM

When bitcoin goes up, Alts go down.

When bitcoin goes down, Alts go down.

When Bitcoin price is stable flat line then Alts prices go in the green.

I know it's all speculation but isn't it possible for bitcoin AND alts to go up?

Idrisu

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This is a prove that bitcoin can survive without altcoins but altcoins cannot survive without bitcoin. The stability of price of bitcoin is what other coins need to grow and bitcoin is currently getting pump and dumped because of prices manipulations by the whales and big investors. Yesterday's the whales start to pump bitcoin cash and dumped the core but today the opposite is now the case.

mummybtc

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Quote from: Sephire on November 10, 2017, 07:04:07 PM

I do not think there is a 100% clear-cut relation between bitcoin and alts. In summer, both were going up
together but after that most alts entered into a correction or sideways range while bitcoin kept moving on up.
Current minor selloff is probably going in the weekend profit taking by whales after the big rise of last few days.

Off corse there is no 100% negative correlation between Bitcoin and Altcoin there is a negative correlations between the two.
I still feel there will be another push to pump the price of Bitcoin to $10k before January 2018, and that is when I will takwe advantage of the Altcoin dump because their will certainly be FOMO when that happens

Sephire

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I think Bitcoin has already bottomed today. So long as it stays above $6000, bottom should
be in. Alts are rallying again too.

very_452001

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What price and when you guys think bitcoin will stabilise at from the current dipping?

very_452001

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What im saying is happening now.

BCEmporium

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Quote from: very_452001 on November 10, 2017, 11:26:12 AM

When bitcoin goes up, Alts go down.

When bitcoin goes down, Alts go down.

When Bitcoin price is stable flat line then Alts prices go in the green.

All above happens regardless of any Alt and regardless how good the road map is for that Alt.

So in summary just ignore this Alt speculation sub forum till bitcoin price stabilisation?

Or which altcoins are independant from bitcoin and the above statements?

This is probably not going to be true forever. Once the first serious companies start popping up on the blockchain they will, at least to some extent, become independent of the Bitcoin price.

Things will also look very different if Bitcoin breaks the trillion dollar market cap, since volatility should start decreasing significantly by that point in time.

Topic: Ignore this Alt Speculation sub-forum until bitcoin price stabilises? (Read 818 times)