Pages:
Author

Topic: Possible to make alts move without BTC ? - page 4. (Read 666 times)

full member
Activity: 453
Merit: 100
Despite the fact that Bitcoin now is very low in price, he is still a leader and I hope that he will begin to recover.
legendary
Activity: 1302
Merit: 1027
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 ?

Bitcoin is not controlled by anyone and most of the business are going on Bitcoin so the recovery is fast and confirm. But if you take altcoin then they are all controlled by their developers and the movement is almost based on their project success or any pump group play with them. If their is major crash then the altcoin going dead is confirm and recovering of the price is almost dead.
full member
Activity: 303
Merit: 100
POS / PRIMENODES
Altcoins are no longer so dependent on Bitcoin as it was last year. I think it's entirely possible for a coin to develop even if BTC is on a dump.

Yes, altcoins are not depending on Bitcoin. But the investors are. The investors are following Bitcoins movement and from there comes the whole transition to alts.
I don't think we will see any altcoin mowing separately this or next year.
member
Activity: 434
Merit: 10
Altcoins are no longer so dependent on Bitcoin as it was last year. I think it's entirely possible for a coin to develop even if BTC is on a dump.
member
Activity: 182
Merit: 20
They are highly related to BTC. We cant say fully but higly. What you say and ask is not possible. Everbody holds different altcoins. How can people come together and stay against BTC? And this is "market".
legendary
Activity: 2576
Merit: 1655
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 ?

Well its really possible. We have seen that happens in the past, specially in December. Both altcoins and bitcoin moves in the same pattern, actually most altcoins did soar higher that bitcoin in that time frame so its really it is really possible.

But the thing is that most investors tends to shift their funds a lot in this market. So if you see the bitcoin is gaining and altcoins sliding, it only means that those altcoin holders are moving funds across the other market.
member
Activity: 238
Merit: 10

This is the logical reaction of the market. So it was and so it will be. I also really do not like it when the price of coins falls behind the bitcoin.
sr. member
Activity: 1400
Merit: 283
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 ?
It is called the cryptocurrency market not the bitcoin market or the altcoin market, when they move they move together its just happens that bitcoin was the first and that is why it has the largest investment cap in it, news and events that happen to this market are what effects the investments and the prices, as you saw over the last couple of months when the cryptocurrnecy had a lot debate from governments it affected every single coin not just bitcoin or the altcoins.
member
Activity: 392
Merit: 12
MINTER
Actually altcoin may stand alone even without bitcoin. But now Bitcoin is the only benchmark for other altcoins. It is possible that altcoin is still using a system that is not much different from bitcoin. The altcoin developers may also be looking for the latest way to find a solution for altcoin to stand alone in the sense that its price will not follow the bitcoin completely.
full member
Activity: 448
Merit: 100
Arabic Translator
noway .Btc is like the engine of cryptocurrency . when it falls , people lose faith in the field and panic . we have to wait until Btc rises and also stabilize in price Before going green on alts.
full member
Activity: 294
Merit: 106
The market is very young and therefore unstable. Bitcoin is the flagship. That's why the whole market is still on it. There is a popular opinion that in the future it will lose its leading position.
member
Activity: 252
Merit: 44
I hope the day will come when it comes, but there must be such a strong product, it's like an example with ruble money, oil falls and the ruble falls, oil rises and the ruble grows, and no matter how much russia becomes an agrarian supplier, the stereotype has formed that tied the ruble to oil...
hero member
Activity: 663
Merit: 505
It's very hard because the market is still depending on Bitcoin heavily. Maybe next years we can see unique altcoins but right now everything is bound to Bitcoin. Ethereum tried to make its own move but failed lately. You can see how hard they fell over.
newbie
Activity: 378
Merit: 0
are usually traded in BTC or ETH pair, Etherum is often said to be a coin that has a high popularity like Bitcoin,  so there's no other choice for the other to be paired to BTC ir ETH.
member
Activity: 322
Merit: 20
Yes it is but this won´t happen until people realise what is value and what is just hype and that is likely to be in the longt erm. so good moment to take your positions now.
member
Activity: 490
Merit: 10
Bitfresh - iGaming with 90s UI
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
member
Activity: 248
Merit: 11
The movement of the crypto currency is due to the degree of people's belief in it. If everyone unanimously begins to believe, let's say, in the Dash, then its price will grow regardless of the general situation on the market. And because the market is now saturated with new assets, the situation ceases to look stable. This is my opinion, crypto currency is not obeyed by bitcoin, but by a person.
member
Activity: 238
Merit: 11
Staker.network - POS Smart Contract ETH Token
Bitcoin is still consider the main cryptocurrency due to its track record. No other alts can compete with bitcoin currently.
Also, all alts are usually traded in BTC or ETH pair. When traders cut loss due to market going down, the only way to do it is by selling to BTC or ETH and then to fiat. This is the way it is now. Maybe when DEX takes off and peer-to-peer exchange is possible, this correlation will change
legendary
Activity: 1414
Merit: 1001
Normally when Bitcoin moves, other coins tend to follow suit shortly after, as most exchanges are based on BTC/OTHER, hence there will always be a relationship if the coin is traded against bitcoin. The only way to have a coin that does not follow this trend would be to give it a set value like tether, but then this won't be a suitable investment so it probably wouldn't take off.
Nowadays all altcoins are always based on Bitcoin price, so when Bitcoin price increases then Altcoin price will also change. Bitcoin is still an important component and there is no coin that can replace its role. Yes although there is Etherum is often said to be a coin that has a high popularity like Bitcoin, but still it may take a long time if you have to compare Bitcoin and Etherum. Currently we are still enforcing Bitcoin as a coin that has been accepted by many places in the world, payment via Bitcoin be the choice of many people because of its ease. We can easily and quickly in doing every financial transaction, whenever and wherever we are it will not be a problem.
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
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 ?
it will be so difficult because the majority of altcoins pair are using bitcoin to be as the primary.

It doesn't make sense to see the majority of coins are decreasing a lot when bitcoin gets dump.

But it looks like altcoin will stay at this way for the more time. Until they will not be pegged again with the bitcoin to give a domination to the altcoins trend. if bitcoin still to be used by the majority of altcoins as price pgged and then it will never be happened.
Pages:
Jump to: