Topic: Order of shooting back up. BTC first? (Read 259 times)
Total 8 voters and 50-50 chance of both things happening at the same time, what a coincidence. I guess its been long time since people have forgotten hat bitcoin is kind itself and altcoins will always follow bitcoin no matter what is the situation. Just check the fresh market data as this post result is from January and see the difference and events that are happening right now. I guess most of the altcoins are dumped to newest bottom now and it makes complete sense why did it happen, because bitcoin went down drastically. So yeah surely they are more dependent on the bitcoin particularly.
Normally, once bitcoin starts showing sign of recovery, traders are usually always on the watch out to be sure it is not a fake recovery. So far, bitcoin has always determined the nature of the market, so I believe bitcoin should start recovering first. However, it does not take much time before we see the recoveries coming up together, so you may not really notice it anyway.
The market will be more volatile will happen. And those who regularly follow will lead to unstable psychology. Since it has not recovered, it needs more time to prepare for the next price increase. It is perfectly possible and we should have the skills to prepare for the upcoming events.
Bitcoin will go to the mountain and maybe in the end of the year will beat his record. But it seems to me the next year, he will still surprise us with his fluctuations
I am looking forward to hear your opinion. In case (and this is my expectation) BTC goes up first, it might be wise to allocate your funds in this way!
It will jump for all time of existance. Normally, once bitcoin starts showing sign of recovery, traders are usually always on the watch out to be sure it is not a fake recovery. So far, bitcoin has always determined the nature of the market, so I believe bitcoin should start recovering first. However, it does not take much time before we see the recoveries coming up together, so you may not really notice it anyway.
Yeah, I also see it that way. When there's a recovery the first one that will increase is Bitcoin and other alts will follow. Is there a possibility that more investors are into Bitcoin than to alts?
Normally, once bitcoin starts showing sign of recovery, traders are usually always on the watch out to be sure it is not a fake recovery. So far, bitcoin has always determined the nature of the market, so I believe bitcoin should start recovering first. However, it does not take much time before we see the recoveries coming up together, so you may not really notice it anyway.
There are a few altcoins that are doing very well in relation to bitcoin, but most of them will just follow bitcoin markets, so I vote for option one.
I guess that the only exception to this might be ethereum, since it has different goals from bitcoin, and a good ICO could show up, and since most of the times you pay for tokens with ether, you might see ether price go up because of that.
I still don't know what to say about ripple or stellar. They might become exceptions as well since banks support ripple, and stellar has a good partnership with IBM. All the other coins will follow bitcoin for sure.
I guess that the only exception to this might be ethereum, since it has different goals from bitcoin, and a good ICO could show up, and since most of the times you pay for tokens with ether, you might see ether price go up because of that.
I still don't know what to say about ripple or stellar. They might become exceptions as well since banks support ripple, and stellar has a good partnership with IBM. All the other coins will follow bitcoin for sure.
I am looking forward to hear your opinion. In case (and this is my expectation) BTC goes up first, it might be wise to allocate your funds in this way!
Hopefully, comback of bitcoin is expected after this big correction. Mostly alts are follwing pump and dump but bitcoin is not made in that way, i beleive the craze of alts have taken all over the market due to the quick profit but this craze is not going to stay for a long time and most probably this is the time to get back the real king in the game, just waiting for a move.
I am looking forward to hear your opinion. In case (and this is my expectation) BTC goes up first, it might be wise to allocate your funds in this way!
Yes, this is the general trend as on date we are seeing. Since bitcoin is the most popular crypto currency and most of the people coming in the crypto market, start with bitcoin only, we are seeing the impact on the bitcoin price first. However, while allocation of your investment, it is not wise to buy only one asset in any way. Always try to buy three or more assets just to stay on a safer side. If bitcoin price goes down, you will at least find some support from the other coins you are holding here.
Altcoins are always going to follow bitcoin's pattern, so i do not understand what are you really expecting from this. There is nothing new, and nothing changed, if bitcoin goes up, altcoins are going to follow this trend too just like it always happened.
There's no pattern. The market has been really weak as of late, with all of them gaining ground, only for all of them to lose out again moments later. This has always been the case historically at the beginning of the year, and they've mostly moved in unison. There are no strong standout performers.
Transaction fees are steadily decreasing, which is why I believe Bitcoin would be ready for another bullish run, but Bitcoin rising doesn't mean alts will follow and vice versa. It has steadily been decreasing while Ripple and Ethereum grew massively, for example. Either way, I don't expect any massive growths for a while.
Transaction fees are steadily decreasing, which is why I believe Bitcoin would be ready for another bullish run, but Bitcoin rising doesn't mean alts will follow and vice versa. It has steadily been decreasing while Ripple and Ethereum grew massively, for example. Either way, I don't expect any massive growths for a while.
BTC is leading the market with about 40% of the total market cap, all the moves come from it's side.
Usually a massive price flaculation at BTC price will lead to altcoins price crashes, while a stable bitcoin price is a hraven for altcoins, as people will stay at long-term positions at altcoins because if bitcoin price is stable they won't hurry to go back into bitcoin(bitcoin price is stable= not a lot of space of making money while being on bitcoin.
Bitcoin is the king of cryptocurrencies, and it is like a flag for the market.
Usually a massive price flaculation at BTC price will lead to altcoins price crashes, while a stable bitcoin price is a hraven for altcoins, as people will stay at long-term positions at altcoins because if bitcoin price is stable they won't hurry to go back into bitcoin(bitcoin price is stable= not a lot of space of making money while being on bitcoin.
Bitcoin is the king of cryptocurrencies, and it is like a flag for the market.
I am looking forward to hear your opinion. In case (and this is my expectation) BTC goes up first, it might be wise to allocate your funds in this way!
Hopefully, comback of bitcoin is expected after this big correction. Mostly alts are follwing pump and dump but bitcoin is not made in that way, i beleive the craze of alts have taken all over the market due to the quick profit but this craze is not going to stay for a long time and most probably this is the time to get back the real king in the game, just waiting for a move.
There’s a lot of speculation about Bitcoin that it is no longer “cool” in that it’s main asset is its name recognition and no longer the technology behind it. Right now, I have nearly all of my crypto in Ethereum and alt coins. A lot of the heavy hitters that I know personally have dumped their Bitcoin for alt coins and their interest has shifted to other currencies with newer technology behind them.
Everyone is expecting that bitcoin will go up and after that it will take sometime of decreasing again. And when bitcoin started to get up, others will follow and when it started to go down, others will do the same thing too. Only few alts are surviving now when bitcoin starts to slow down with it's increase, they are all affected when the king starts to be on red on the charts.
So for the most part, BTC will take the lead first.
It will take the lead all the time for the whole crypto market.
think the alts will increase more
I am looking forward to hear your opinion. In case (and this is my expectation) BTC goes up first, it might be wise to allocate your funds in this way!
Whichever crypto currency is the easiest for speculators to manipulate into a profit, will likely be the next to shoot up in price("the path of least resistance"). I don't think BTC will be next. I would guess an alt like litecoin, dash or whatever is trading at low volume that is undervalued might have a shot. Could also be a fork coin if coinbase or another major exchange (or retailer) adds support for it.
The alternative option is, there will be a big news story that will incite a price movement. Those profits typically go untapped by traders, unless one is privy to secret, insider, trading.
For BTC, I think it'll take time for investor's to regain confidence. After a big price fall, that is a legit price correction rather than a dump, it can take awhile for people to forget and believe in something again.
A significant proportion of altcoins are trading pairs with Bitcoin, therefore any movement in the price of bitcoin usually affects the altcoins. A closer look at coinmarketcap on a given “bloody” day, you will discover that while an altcoin must have lost it’s dollar value due to a plunge in bitcoin price, it’s actual value in bitcoin is pretty much the same or just a small percentage loss.
So for the most part, BTC will take the lead first.
So for the most part, BTC will take the lead first.
I am looking forward to hear your opinion. In case (and this is my expectation) BTC goes up first, it might be wise to allocate your funds in this way!
Last year the price of bitcoin had a good rally,so we will see some consolidation this time around and i do expect that the alt coin market will start moving this time around and i am expecting that to happen and the growth is promising by the way the market is reacting from the start of this year,most of the alt coins started moving and hopefully all of the alt coins will give you a good return. 
The same thing that has been happening for more than years.
Bitcoin will recover first, and once that it is a little bit more "stable" all the altcoins are going to follow up the bitcoin trend.
Bitcoin will recover first, and once that it is a little bit more "stable" all the altcoins are going to follow up the bitcoin trend.
I am looking forward to hear your opinion. In case (and this is my expectation) BTC goes up first, it might be wise to allocate your funds in this way!
This is the common thing happens every time the market corrects so expect bitcoin to bounce back and go even higher and then altcoins will surely follow. Hopefully bitcoin can sustain its power to remain on top and also the services hope to gets faster. Cryptocurrency is a great invention and I think in the coming years more people will use this.
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