Possible to make alts move without BTC ? - page 2.

Kurva

jr. member

Activity: 319

Merit: 1

Quote from: vinayak2628 on April 08, 2018, 06:23:33 AM

When the price of Bitcoin drops, an altcoin becomes more valuable due to the relationship of it's worth being calculated in Bitcoin. If you thought of an altcoin's price remaining the same when Bitcoin drops, you will see that if for example BTC dropped from 10,000 to 5,000 that the alt coins BTC value goes quite high. It's then profitable to buy back into BTC. You could potentially double profits this way.

Double profit or even ?

If BTC drops 50% and alts do the same. You lose the same amount of cash even if you hold BTC or alts. Know many of you not like tether. But i rather freeze my cash in tether over moving them to BTC. And buy back in when i think the dip is over.

Assyha

newbie

Activity: 32

Merit: 0

It may be very difficult for me, because now we can say bitcoin as the brain of the other coins.
Ordinary if bitcoin down other coins also come down, because most of the exchange btc / other coins

vinayak2628

copper member

Activity: 182

Merit: 2

When the price of Bitcoin drops, an altcoin becomes more valuable due to the relationship of it's worth being calculated in Bitcoin. If you thought of an altcoin's price remaining the same when Bitcoin drops, you will see that if for example BTC dropped from 10,000 to 5,000 that the alt coins BTC value goes quite high. It's then profitable to buy back into BTC. You could potentially double profits this way.

Kurva

jr. member

Activity: 319

Merit: 1

Quote from: xuan87 on April 08, 2018, 05:51:41 AM

Yes it is possible, some of the coin still going up despite BTC price falling down, but because of the most alt coin need to buy from BTC then BTC price will also be impacted, but yes some whale could find a way to pump a coin without bothering the btc

I never trade with BTC. And from what i know can you get all the same coins bought with ETH ? I not understand why anyone use BTC to trade for alts. I have bought BTC a few times from Coinbase with mistake. And it cost way to much just to transfer from Coinbase to Binance. This is why BTC is a NO NO to me. Stop using BTC to trade alts and move $ around when the market disp and we will be good to go.

xuan87

legendary

Activity: 1666

Merit: 1001

Yes it is possible, some of the coin still going up despite BTC price falling down, but because of the most alt coin need to buy from BTC then BTC price will also be impacted, but yes some whale could find a way to pump a coin without bothering the btc

Yalovtsev

full member

Activity: 644

Merit: 100

Today it seems to work and Malasana,because now everything is linked and depends on the cue ball where the cue ball there and violas,and many now are in fear and are afraid to go out and buy it,because I think that they will lose that cue ball it is a Scam,and so on, we have a very well-there is a system of brainwashing,the media is the sworn enemy of ordinary people,and sredstvo favorite weapon of the rich and the government!!!

IrReAr

sr. member

Activity: 742

Merit: 250

Quote from: Kurva on March 29, 2018, 02:53:45 PM

Is it possible to make alts move without growth of BTC ?
Why dont we just stop doing this and change the crypto world together ?

Bitcoin is the main coin in crypto world. Nowadays all altcoins are always based on Bitcoin price, the alts grow after a Bitcoin recovery period. There is no coin that can replace Bitcoin role now.

NeedIfFindIt

full member

Activity: 500

Merit: 100

The Bitcoin still holds because this is the first of the coins, but I think that it will not flow for long and soon we will see an independent market of altcoins.
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sourish

full member

Activity: 532

Merit: 114

You are offering a mirage into a field that realises dreams. Alts can move without btc but that movement barely counts, as btc is definitely a better investment, and alt prices do depend on it.

Yakapo

newbie

Activity: 203

Merit: 0

Well its very difficult for that to happen , though its still in the early stages. everything will recover as soon as the market stabilizes the alts will regain too,

lider1971

sr. member

Activity: 574

Merit: 250

I would like to believe that it is possible, but you can see how the price of Bitcoin affects all other altcoins. They are completely connected, but if BTC can survive the crisis to the best of its popularity, they do not.

CryptikEnigma

full member

Activity: 336

Merit: 101

I think that Bitcoin, in spite of the price drop, is still quite influential on the market, it can be traced by looking at the price of coins for today.

kruzer200

member

Activity: 420

Merit: 12

= DINNGO = https://dinngo.co

It's too early to say so, but I'm sure that in the near future the BTC will lose it’s influence on the market that it had before. Well, for now, everything is as before.

TropicalDog17

member

Activity: 308

Merit: 10

I think that now it is possible, because Bitcoin is clearly not the same as before and its influence has clearly decreased on the market as a whole.

kurdun

full member

Activity: 356

Merit: 100

To do this, there must be preconditions. For example, innovations in altcoin. But this happens rarely

Dancing_Lion

member

Activity: 308

Merit: 10

You're really asking a very interesting question. I think and I am sure that of course, every project Creator ICO is simply obliged to think about it and be independent of the bitcoin and Ethereum exchange rate.

kimjenglot

member

Activity: 364

Merit: 10

Quote from: terible.hunter on March 30, 2018, 11:23:52 AM

Of course, altcoins can move without bitcoin, because now they are tied to all the crypto-currencies, I think it was not in vain to do it, but with a certain purpose, probably it is beneficial bitcoin

I think so too, because without Bitcoin, altcoin it can still be used as it should. but still the benchmark against the exchange rate becomes chaotic because so far bitcoin is a benchmark of the entire price of coin altcoin

Piggy

hero member

Activity: 784

Merit: 1416

As soon as they will add more pairs with fiat - altcoin the market will become less dependent from bitcoin. I believe is the only way.

hdtqisg

sr. member

Activity: 686

Merit: 250

Quote from: Kurva on March 29, 2018, 02:53:45 PM

Hi to you all !!

Is it possible to make alts move without growth of BTC ?

I know it is possible just look at MC down to 280b today. And we can see a few coins going up when BTC is going down. Know many sell their alts moving to BTC when the market going down. What if we all stop doing this and just focus on the coins we believe in ?

If BTC drops 50% you will lose the same amount of $ if you hold BTC or another coin (know BTC will recover faster) if thats your excuse. I see many post topics about why do alts drop. But to answer that question do alts drop because most of the traders move their investments from alts to BTC when the market goes red.

Why dont we just stop doing this and change the crypto world together ?

Nothing as sure as you say, when investing there are always certain risks! But that's the market rule!

bitkanu

hero member

Activity: 2184

Merit: 513

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Seeing that the whole market of cryptocurrencies purely build based on demand so if the market cap is so big and your money or your group's fund is too small, you are nothing and will not do anything.
What we can't do is controlling the market because most of use aren't whales who have tons of money to manipulate the market. So saying "why don't we try it?" is rather useless in this case.

Topic: Possible to make alts move without BTC ? - page 2. (Read 608 times)