As long as bitcoin is the store of value in crypto market, it will always effect its pair when its value moves. That is how market works and we cannot control the movement of bitcoin. CMC shows value in dollars, that is why when bitcoin falls, the value of other coins also falls in first glance.
The number of coin paired with ETH is growing, maybe someday the market will not be too dependent on bitcoin as a pair.
Topic: Possible to make alts move without BTC ? - page 5. (Read 608 times)
as far i know, bitcoin is the main pairs in most of crypto exchange,
so, its impossible to make altcoins move without bitcoin
so, its impossible to make altcoins move without bitcoin
Certainly. I saw some graphs of exchanges showing an altcoin rising in value even when bitcoin is going down. But for most of the graphs, it follows bitcoin. What might be happening here in my opinion is that most investors consider bitcoin as their bases or reference for investing. When it seems failing they as well won't be investing. When market is good they would also invest in the altcoins. But as I have noticed it is possible to make altcoin moves different than btc.
Hi to you all !!
1. Is it possible to make alts move without growth of BTC ?
2. Why dont we just stop doing this and change the crypto world together ?
1. Is it possible to make alts move without growth of BTC ?
2. Why dont we just stop doing this and change the crypto world together ?
1. Yes. If there is a positive development or change in the project behind the coin.
2. We can't do this. Most of the alts aren't pegged on USD pair only the top coins are pegged on USD so there's no other choice for the other to be paired to BTC ir ETH. That's why when the BTC goes down, the alts go down too.
Each currencies depends to the other kind of currency. If the bitcoin will go rise the other altcoins are affected, either it will be good or have a bad value. It doesn't mean that nothing possible in this crypto world.
Hi to you all !!
1. Is it possible to make alts move without growth of BTC ?
2. Why dont we just stop doing this and change the crypto world together ?
1. Is it possible to make alts move without growth of BTC ?
2. Why dont we just stop doing this and change the crypto world together ?
1. Yes. If there is a positive development or change in the project behind the coin.
2. We can't do this. Most of the alts aren't pegged on USD pair only the top coins are pegged on USD so there's no other choice for the other to be paired to BTC ir ETH. That's why when the BTC goes down, the alts go down too.
If there is nothing to replace btc, alt can move without btc because btc is intermediary currency,it is used to price alts.
If there is something to value alts so alts can move without btc
If there is something to value alts so alts can move without btc
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 ?
Personally in my opinion it's possible, but bitcoin will have such influence on market at all, like it's now, until the cryptoworld have a new leader, new symbol, like it's Ethereum now, but as we see now - it's too connected to bitcoin price.. 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 ?
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.
Bitcoin is like the "Dollar" of cryptocurrency, its the basis for altcoin prices and value, just imagine a two-country exchanging their products not sure how they would weight the equivalent of their products so they need a "minimum" or basis, that's one function of the Bitcoin, to make sure altcoin get their right value as compares to others, alt can move but how will you know you get your items value before trading it to other product?
Up to some extent 'Yes' but it won't sustain forever. For example look at Ethereum and Bitcoin cash prices when they were in peak. Remember to check both BTC and USD pairs. Alts not only lost in USD but also in BTC terms. Alts can't survive without BTC as of now.
Till now Bitcoin is horse of market.
So market Will go up if bitcoin Will go up.
I think that in 2018 there Will not be any changes and bitcoin will still be this horse.
But in future when there will be more "bitcoins", market will be different and alts will/can move without main cryptocurrency.
So market Will go up if bitcoin Will go up.
I think that in 2018 there Will not be any changes and bitcoin will still be this horse.
But in future when there will be more "bitcoins", market will be different and alts will/can move without main cryptocurrency.
Is it possible to make alts move without growth of BTC ?
Bitcoin is the main gate for the money get into the crypto world.
Also altcoins are seen a even higher risk investment than Bitcoin.
So with very few exceptions (which usually are short-lived pumps), the alts grow after a Bitcoin recovery period.
Of course, it's not a 100% certain rule, but there were extremely few cases the market didn't follow this pattern.
Nobody is doing anything, it is the market reacting to news and whatever else. And you are asking everybody to come together and be on the same team? Lol that isn't what a free market is. And to answer your first question, last year alts did move when BTC was down or stagnant. But that clearly hasn't been the case for almost a year now, and to me alts will move once BTC does again.
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 ?
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 ?
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