Topic: What determines the price of Altcoins? - page 2. (Read 3305 times)
What determines the price of an altcoin is how much people are willing to pay for it. And you are right, it is also tied to Bitcoin price, as when it rises, altcoins price drop and when it falls altcoins price rise.
The price determined by the market ... Supply and Demand ... The expected news on a particular coin generate demand for coin and begins to grow ... and vice versa, respectively the same thing happens ...
Why alts falling when Bitcoin is changed dramatically? Because all alts more or less are in submissive position in front of bitcoin. This wont be changed in near future. ETH and LTC had best chances but nothing happened.
Best and most secure exit from alts is Bitcoin, and fastest exit from BTC is in Dollar. Also all pairs are made on it.
Whay alts dont depend on ETH and LTC rise or fall?
Best and most secure exit from alts is Bitcoin, and fastest exit from BTC is in Dollar. Also all pairs are made on it.
Whay alts dont depend on ETH and LTC rise or fall?
There is no real factors that determines the price of Altcoins, it is what the market is willing to pay for it though some things like good news, new update, partnership etc may influence in price. Another thing is the whale pumping the price to unrealistic price
I think the prices of the altcoins depend on the bitcoin.
Altcoins are affected when the demand and confidence of Bitcoin decreases.
could be of total supply and the interest of the audience itself altcoin
Most altcoins naturally feed off bitcoins price flop to gain but its not always the case has readily available coins from mining or bounties can have a negative impact to price has holders just want to dump and get a quick buck thereby pulling the price further down...
These all come back to supply and demand.
Some are describing how demand is generated but it's still supply and demand.
But please explain to us what cause this demand? When you say supply do you think number of coins in circulation at the moment or what? First you must create demand and it is created through lies and hype, empty promises in most cases,and demand is created from human greed . Artificially created demand has no future it just a pump.Some are describing how demand is generated but it's still supply and demand.
Supply has nothing to with it, in crypto world you can divide one COIN in millions of pieces.
These all come back to supply and demand.
Some are describing how demand is generated but it's still supply and demand.
With crypto the supply is what it is and the demand comes from wherever... Supply and demand.
Some are describing how demand is generated but it's still supply and demand.
With crypto the supply is what it is and the demand comes from wherever... Supply and demand.
Actually this is very complicated question.
When appears for the first time price is determined by demand, which is mostly hyped in deeply connected cooperation between devs and pumpres groups.
Later after whales lost their interest, coin going dawn and if survive he will stay in stagnation for a while.
You will always have believers,and sometimes they are right,(sdc,xmr,cloak,nav).
We can tell that altcoins price is determinate with greed and hype.
And when you see 100 pages in one topic, over night, you are on the right place.
When appears for the first time price is determined by demand, which is mostly hyped in deeply connected cooperation between devs and pumpres groups.
Later after whales lost their interest, coin going dawn and if survive he will stay in stagnation for a while.
You will always have believers,and sometimes they are right,(sdc,xmr,cloak,nav).
We can tell that altcoins price is determinate with greed and hype.
And when you see 100 pages in one topic, over night, you are on the right place.
There are some factors that do really affects altcoin price which is its market demand if lots of people do really support it then price would really increase and also when bitcoins price tend to go down then altcoin will surely go up because some people decided to put their bitcoins/money switching to altcoin and when bitcoins go up then expect it would do the reverse way.
There is no real factors that determines the price of Altcoins, it is what the market is willing to pay for it though some things like good news, new update, partnership etc may influence in price. Another thing is the whale pumping the price to unrealistic price
I think the prices of the altcoins depend on the bitcoin.
Altcoins are affected when the demand and confidence of Bitcoin decreases.
In a simplistic way: the market. More broadly, what determines value is its adoption, that is, everything is regulated by the simplest rule of the market, supply and demand. There are several factors for supply being greater than demand and several other factors for demand being greater than supply. In altcoins generally the news involving the same reflect a lot in value.
i have got two things to say to this:
1) there is no adoption in altcoin market. out of a couple of thousands of altcoins only less than 10 of them have more application than just trading and those 10 nobody uses them for those applications.
2) i agree with supply and demand but you should remember that demand is this market is what the pumpers and their disciples say it is not as the same meaning we have in other markets.
In a simplistic way: the market. More broadly, what determines value is its adoption, that is, everything is regulated by the simplest rule of the market, supply and demand. There are several factors for supply being greater than demand and several other factors for demand being greater than supply. In altcoins generally the news involving the same reflect a lot in value.
All cryptocurrencies go up in value with further adoption + integration of the hash economies.
Once BTC is mined, all rigs will likely lead to alternatives that push everything into spikes, volume mixes and multi-purpose innovation... There are already countries reserving alt-coins into regional things where certain areas boast specific coins and once this gets to every new internet user, this'll climb because of the growth this offer poeple living in poor conditions.
Faucets are like milking a goat in Central China as well as many Eastern or deprived countries and even kids in the family can get started with this to escape what they're in and avoid potential crisis when relatives grow old.
Once BTC is mined, all rigs will likely lead to alternatives that push everything into spikes, volume mixes and multi-purpose innovation... There are already countries reserving alt-coins into regional things where certain areas boast specific coins and once this gets to every new internet user, this'll climb because of the growth this offer poeple living in poor conditions.
Faucets are like milking a goat in Central China as well as many Eastern or deprived countries and even kids in the family can get started with this to escape what they're in and avoid potential crisis when relatives grow old.
In general, what are the reasons that determine the price of altcoins? Does it change according to the bitcoin?
Yes, when bitcoin goes up alts go down, when bitcoin goes down alts go down.. Only when bitcoin is stable for a while alts will correct.
In general, what are the reasons that determine the price of altcoins? Does it change according to the bitcoin?
Bitcoin has an impact,it's different when you bought 100 altcoin from $700 than when you bought it at $900 mark,but in general it all goes up to the demand of the market,there's this so called wash trade,this is something to look,if a coin is being pump without reason at all or development is happening,the price is faked and whales or dev's manipulating the coin.
Supply and Demand.
That's it. That's all.
That's it. That's all.
The dollar price of the altcoin has an effect. Sometimes the alt will decrease against bitcoin as bitcoin increases against the dollar, to keep the alt's dollar price steady.
In general, what are the reasons that determine the price of altcoins? Does it change according to the bitcoin?
the only thing that can always determine the price of anything is supply and demand, the demand in altcoins is traders wanting to buy it or not, meaning if they are accumulating for a pump or if we are experiencing a pump.
and price of altcoins with bitcoin, depends on which altcoin we are talking about. a handful of them are affected by bitcoin price but the rest are moving independently.
I don't think so, with altcoin it's different, there are many altcoin that are just pump and dump manipulated from exchanege and die quickly, there is no real supply and demand, for me they look like a good scam coin, that decieve investors in thinking they are a good investment, take a look at all the coin that go on poloniex, they always get a good pump at launch and then dumped, coincidence? i don't think so
The people holding the coin and its supply will determine the price of an altcoin. You do not look at the coin supply alone. If the majority of the coin is being held by a whale, you can be sure that its price won't drop as the whale will pump the coin up to be able to cash out. This was why Ethereum price is able to hold steady above 10 dollars despite having such huge supply. Many of the whales and insiders have not cashed out yet.
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