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Topic: The Alts are not overreacting to the Bitcoin pump! - page 2. (Read 427 times)

MV7
full member
Activity: 322
Merit: 107
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
I feel we are gradually getting to the time when altcoins will be be able to stand independent of bitcoins. I have seen situations where despite the downward movement of bitcoin, some altcoins are still moving uptrend.
I hope to see this as well, but I still feel like we are a long ways away from it. The market first needs to stabilize before we see that happen and be weaned off the dependence on bitcoin, but this could take years.
member
Activity: 490
Merit: 17
WE will see altcoins pump following Bitcoin if Bitcoin can break out of the overhead resistance at $6,950. But i find that it's so hard for Bitcoin to break out this, may be a small dip is coming.
jr. member
Activity: 336
Merit: 3
This is my observation or am I dreaming!
Usually price hikes in Bitcoin have MORE positive price movements in ALTs: This time it is not playing out like that. This could have a negative impact on the Bitcoin price!
I could say more but I will leave it at that!
Maybe it needs more pumping so alts will be follow to pump. Bitcoin is not on highest price it's always fluctuating in this moment. Maybe if bitcoin will continues to go higher we can see the differents.

Bitcoin over 7K will see the ALTs move higher!
newbie
Activity: 84
Merit: 0
Yes, you are right. The price of Bitcoin has increased recently a lot but compared to that the price of altcoins has not increased that much. It's good to see that the bear market is coming to an end.
full member
Activity: 194
Merit: 103
No that's just the way the market works, financial market instruments always go up and down. Peoples are selling their alts to buy btc as this one rises they make money and alts drop due to being sold then when btc stabilizes they use the profit off their btc to buy back alts and that's what many do, a fact that btc is the high cap driving all cryptocurrencies.
sr. member
Activity: 1498
Merit: 271
DGbet.fun - Crypto Sportsbook
This is my observation or am I dreaming!
Usually price hikes in Bitcoin have MORE positive price movements in ALTs: This time it is not playing out like that. This could have a negative impact on the Bitcoin price!
I could say more but I will leave it at that!

Do not be surprised
The price of altcoins can only hyke when there is a significant demand for the token
A pump occurs when demand is more than supply

But altcoins supply are more than the demands so probability of rising is 0%
Just focus on your trades and profits and neglect those small pumps
The market also affects by the price of bitcoin. Did you notice that when bitcoin dumps other altcoins down too? Because bitcoin upholds the 50% of the market and any fluctuation that BTC does will result also to a certain change in the price of altcoins.
We knew already that demand affects the price but the altcoins depend in the price of bitcoin, if the investors are waiting for the bitcoin to pump, there is a tendency that they can buy more altcoins too. Therefore, it depends again in BTC and ETH.
jr. member
Activity: 213
Merit: 1
This is my observation or am I dreaming!
Usually price hikes in Bitcoin have MORE positive price movements in ALTs: This time it is not playing out like that. This could have a negative impact on the Bitcoin price!
I could say more but I will leave it at that!
Maybe it needs more pumping so alts will be follow to pump. Bitcoin is not on highest price it's always fluctuating in this moment. Maybe if bitcoin will continues to go higher we can see the differents.
member
Activity: 364
Merit: 13
This is my observation or am I dreaming!
Usually price hikes in Bitcoin have MORE positive price movements in ALTs: This time it is not playing out like that. This could have a negative impact on the Bitcoin price!
I could say more but I will leave it at that!

You are right, i have noticed it too.

But this is regarding the small alts, some of the big altcoin are jumiping high.
This is a interesting maret situation , one possible explanation could be that BTC price is manipulated thus the other alts does not see the influx of money and stay relativly stable.
sr. member
Activity: 532
Merit: 250
That's really bad for me, altcoins do not react to pump of bitcoin enough but they react a lot to its dump which every time makes altcoin investments worse. I hope altcoins will come back anytime soon  Embarrassed
newbie
Activity: 196
Merit: 0
Mainly btc have good future value also it’s the master of all coins based on this btc created a good positions in the market mainly all coins price is mainly dependable with btc price  so if they increase price altcoins are automatically increase because people invest more that time.  Cool Cool
newbie
Activity: 266
Merit: 0
Well, the price of altcoins are recovering but in a slow motion. I agree that the price of BTC influences the price of altcoins. But it cannot be the same all time. BTC price is improving day by day and I believe that soon the price of altcoins will give a positive news.
hero member
Activity: 3080
Merit: 603
This is my observation or am I dreaming!
I don't know if most of your observations are real analyses or you are really dreaming of it.

Usually price hikes in Bitcoin have MORE positive price movements in ALTs:
I know that you know that alts are also being pushed by bitcoin when it goes up too.

This time it is not playing out like that. This could have a negative impact on the Bitcoin price!
Negative impact? those are the people who are spreading FUD like you and scaring the community newbies.

I could say more but I will leave it at that!
Much better if you remain silent.
newbie
Activity: 134
Merit: 0
I think altcoins are not responding to btc latest pump because, that pump is still a part of its sideways movement. Meaning no real bull whatsoever. I think we may just have to wait a little bit longer for the bulls to really push through.
newbie
Activity: 98
Merit: 0
As the bitcoin has reached to a position where no other crypto currency cannot reach. The ups and downs of other cryptos now actually depend on the bitcoin. Currently every other crypto is directly proportional to the bitcoin.
sr. member
Activity: 868
Merit: 251
HEX: Longer pays better
Normally, the exchange rate of BTC will affect the exchange rate of altcoins. If BTC increases then altcoins decrease and vice versa. The investment in altcoins at this point is perfectly reasonable as the altcoin rates are falling rapidly. And should invest altcoins then hold 3 months to make quick profits.
member
Activity: 336
Merit: 11
Victorieum Digital Wallet Revolution
It is normal, bitcoin and alts are coupled at the moment but sooner or later they will have to fly for themselves, particularly ICO projects.
newbie
Activity: 140
Merit: 0
I think price up and down fully depends on demand and supply. Though most of the time price of altcoins move a lot with the price increase of bitcoin. But this time that is not happening. It will rise when the demand flow will go high.
newbie
Activity: 112
Merit: 0
Bitcoin is dominating over other currenccies. Probably, when the price will increase more, it may have good effect on other currencies as well.
member
Activity: 406
Merit: 10
The market is still cautious as we are still in bearish market with some ups and downs. The market have to bounce back to levels from May and only than we can talk of a start  of a bullish market. Until that there is i lot to go.
newbie
Activity: 77
Merit: 0
If altcoins price move up more with the few upward of bitcoin price, it only happened for the demand and supply. If your thought is true, I think, demand of altcoins is less than previous. If demand rise, you will see the upside movement of altcoins more than bitcoin.

It is because the market is so unstable that no one is sure where it will go. The consequence is the lack of volume in several months.
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