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Topic: What determines the price of Altcoins? - page 3. (Read 3330 times)

hero member
Activity: 1274
Merit: 622
January 30, 2017, 02:33:44 PM
#11
In general, what are the reasons that determine the price of altcoins? Does it change according to the bitcoin?

I think it would be right to say that in general altcoin is a commodity and thus the price of it is determined by demand. I'm talking about the price in BTC, it does change btw. As we all know the "demand", especially for the newly created altcoins, is generated by the developers and by other supporters of a given altcoin.
legendary
Activity: 1134
Merit: 1010
BTC to the moon is inevitable...
January 30, 2017, 09:39:03 AM
#10
In general, what are the reasons that determine the price of altcoins? Does it change according to the bitcoin?

sometimes yes. the price of some altcoins sometimes move against bitcoin meaning when bitcoin price goes up they go down and when bitcoin stops or takes a step back they get pumped.
but these cases are so rare, you can't make a rule out of them.

the only rule you can make out of this market is when pumpers say go up, price goes up and when they are done that altcoin dies.
legendary
Activity: 2660
Merit: 1074
January 30, 2017, 08:31:02 AM
#9
same thing as in all the markets: the price that people are willing to pay, specially considering the costs of production and transport are less of a problem than with common goods. The answer is not much different than "what determines the prices of products and services"

since altcoins are investiments, the perception of how could them value over time influences how much people are willing for a coin
hero member
Activity: 714
Merit: 500
January 30, 2017, 03:12:36 AM
#8
In general, what are the reasons that determine the price of altcoins? Does it change according to the bitcoin?

many factor can change altcoin price
1 bitcoin price, if bitcoin price incraese high price, altcoin use pair bitcoin majority can down price
2 news, about information development coin
3 suply and demand
4 exchanger , dev , and user community
hero member
Activity: 2128
Merit: 530
PredX - AI-Powered Prediction Market
January 30, 2017, 02:43:29 AM
#7
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 disagree with you, most of these exchanges used bot to trigger the volume of a token, just look at the significant drop in BTC trade volume on Chinese exchanges. One single factor is responsible for price of these Altcoins
legendary
Activity: 1946
Merit: 1137
January 30, 2017, 02:27:17 AM
#6
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.
sr. member
Activity: 588
Merit: 252
January 30, 2017, 12:49:55 AM
#5
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
hero member
Activity: 2954
Merit: 533
Leading Crypto Sports Betting & Casino Platform
January 29, 2017, 09:58:06 PM
#4
In general, what are the reasons that determine the price of altcoins? Does it change according to the bitcoin?

If you mean about the crowdfunding alt and the price of the coin depends on the result of the amount has raised by the crowdfunding itself and will get divide with the total token had been getting sold by the crowdfunding phase.
sr. member
Activity: 350
Merit: 250
January 29, 2017, 09:45:08 PM
#3
Yes, usually when bitcoin price rises, Altcoin market starts shaking.In general, all the crypto currencies price vary with increase or decrease in demand. But since altcoin market is small, big whales easily pump and dump the price for their profits.We could easily see this in newly released altcoins.
hero member
Activity: 840
Merit: 520
January 29, 2017, 09:17:49 PM
#2
I think there is. We saw that when bitcoin is failing. The altcoin market rose that time. But its really depends on the demand of a particular altcoin. The higher the demand. The higher the price you might get. If you buy huge amount. Theres an impact on the price. Thats how it works.
member
Activity: 79
Merit: 10
January 29, 2017, 07:21:07 PM
#1
In general, what are the reasons that determine the price of altcoins? Does it change according to the bitcoin?
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