what does $1000 bitcoin price mean for altcoins?

Satifan

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Quote from: SHAWN-MIDWAYS on March 14, 2017, 04:21:13 PM

Quote from: oaks05 on March 14, 2017, 07:01:14 AM

Clearly alot alot of alt coins have been skyrocketing the past couple weeks

Probably because a lot of people are failing to buy bitcoins at the current price and finding altcoins a cheaper alternative to own a crypto coin... causing a limited supply of altcoins on the market and a price surge.

That is right. But the main reason is that the bitcoin future is uncertain if the block size is too small.

SHAWN-MIDWAYS

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Quote from: oaks05 on March 14, 2017, 07:01:14 AM

Clearly alot alot of alt coins have been skyrocketing the past couple weeks

Probably because a lot of people are failing to buy bitcoins at the current price and finding altcoins a cheaper alternative to own a crypto coin... causing a limited supply of altcoins on the market and a price surge.

oaks05

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Clearly alot alot of alt coins have been skyrocketing the past couple weeks

Yautas

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Quote from: cryptogasm on March 12, 2017, 02:05:40 PM

Not my words, friends. 2017 will be the year of alts.

The altcoins have already risen a lot. That include most of the top market cap coins such as Ethereum and Dash or Monero.

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Not my words, friends. 2017 will be the year of alts.

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Quote from: bitcampaign on March 12, 2017, 08:49:22 AM

anticipation throw some big bags for altcoin before bitcoin prices really go to $ 2,000

There are a speculation if Bitcoin's price is rising up, altcoin price will be down and vice vers but that's just a speculation.
Well, if you're a patient person you can hold it and place an order with your own price.

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anticipation throw some big bags for altcoin before bitcoin prices really go to $ 2,000

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Quote from: rebel69 on February 27, 2017, 04:00:53 AM

altcoins are garbage!

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Because of the high price of Bitcoin, some people are betting on altcoins to make money. The upside (in percentage terms) in Bitcoin is limited, while altcoins can move widely. So the high price of Bitcoin is actually good for altcoins as well.

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Quote from: Asnatin on March 10, 2017, 04:21:27 AM

Quote from: phr0stbyt3 on February 24, 2017, 01:06:23 PM

Quote from: Yautas on February 24, 2017, 05:49:25 AM

Quote from: The_prodigy on February 23, 2017, 10:01:16 AM

Bitcoin price is at $1152 Dollars per 1 bitcoin this means that altcoins will be increase it price too where many people will be happy on what the bitcoin price at now. For me the best profitable in bitcoin is i'ts alternative coin where we can get really profit into it. And we can minimize our loses. Better to hold them till the bitcoin price hit 2000

If the price of altcoin does not increase, it is better to sell them into bitcoin.

I don't think it's actually easy to determine the price of altcoin because if you take the case of eth it was around or below 10$ for 4-6 months and now if you see the price quickly rose up to 13$+ this was just the case of eth if you see litecoin or doge from what I feel it is best to use your strategy because for now they literally seem dead to me.

It seems that you need to find the good altcoin and then make a lot of money.

Finding new altcoin with good potential isnt easy at all since we do all know there are lots of coins to choose from and you wont know which one would able to pump and generate you money.Theres no guarantee anytime thats why its always a risk when we do buy altcoin and now seeing on the price of bitcoin some of them turns to red and green.

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Quote from: phr0stbyt3 on February 24, 2017, 01:06:23 PM

Quote from: Yautas on February 24, 2017, 05:49:25 AM

Quote from: The_prodigy on February 23, 2017, 10:01:16 AM

Bitcoin price is at $1152 Dollars per 1 bitcoin this means that altcoins will be increase it price too where many people will be happy on what the bitcoin price at now. For me the best profitable in bitcoin is i'ts alternative coin where we can get really profit into it. And we can minimize our loses. Better to hold them till the bitcoin price hit 2000

If the price of altcoin does not increase, it is better to sell them into bitcoin.

I don't think it's actually easy to determine the price of altcoin because if you take the case of eth it was around or below 10$ for 4-6 months and now if you see the price quickly rose up to 13$+ this was just the case of eth if you see litecoin or doge from what I feel it is best to use your strategy because for now they literally seem dead to me.

It seems that you need to find the good altcoin and then make a lot of money.

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altcoins are garbage!

phr0stbyt3

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Quote from: Yautas on February 24, 2017, 05:49:25 AM

Quote from: The_prodigy on February 23, 2017, 10:01:16 AM

Bitcoin price is at $1152 Dollars per 1 bitcoin this means that altcoins will be increase it price too where many people will be happy on what the bitcoin price at now. For me the best profitable in bitcoin is i'ts alternative coin where we can get really profit into it. And we can minimize our loses. Better to hold them till the bitcoin price hit 2000

If the price of altcoin does not increase, it is better to sell them into bitcoin.

I don't think it's actually easy to determine the price of altcoin because if you take the case of eth it was around or below 10$ for 4-6 months and now if you see the price quickly rose up to 13$+ this was just the case of eth if you see litecoin or doge from what I feel it is best to use your strategy because for now they literally seem dead to me.

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Quote from: The_prodigy on February 23, 2017, 10:01:16 AM

Bitcoin price is at $1152 Dollars per 1 bitcoin this means that altcoins will be increase it price too where many people will be happy on what the bitcoin price at now. For me the best profitable in bitcoin is i'ts alternative coin where we can get really profit into it. And we can minimize our loses. Better to hold them till the bitcoin price hit 2000

i think people are missing the point here, you need to understand first the diference between value of the coin related to btc and intrinsic value, if bitcoin go high it's normal that all the altcoin will increase in value, but their intrinsic value will be less, i mean their value in bitcoin will be lower, because of liquidity, you can't inject all those added money in all the altcoin, it's impossible for the investors

Yautas

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Quote from: The_prodigy on February 23, 2017, 10:01:16 AM

Bitcoin price is at $1152 Dollars per 1 bitcoin this means that altcoins will be increase it price too where many people will be happy on what the bitcoin price at now. For me the best profitable in bitcoin is i'ts alternative coin where we can get really profit into it. And we can minimize our loses. Better to hold them till the bitcoin price hit 2000

If the price of altcoin does not increase, it is better to sell them into bitcoin.

Herbert2020

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Quote from: btcdevil on February 23, 2017, 10:10:23 AM

Quote from: The_prodigy on February 23, 2017, 10:01:16 AM

Bitcoin price is at $1152 Dollars per 1 bitcoin this means that altcoins will be increase it price too where many people will be happy on what the bitcoin price at now. For me the best profitable in bitcoin is i'ts alternative coin where we can get really profit into it. And we can minimize our loses. Better to hold them till the bitcoin price hit 2000

What you are telling i dont understand if the bitcoin price hits 2000$ then almost all altcoins even if the coin has good value it will get selling pressure as most of then will want to convert their wealth to bitcoin so only the good worthy altcoin will be good to buy in this selling low rate time to hold for long when their is correction in bitcoin price then this altcoin will perform good.

both of you are saying two different things and neither of you are making any sense at all.
you should read my previous comment in this topic to see what i mean.

you can open up a price chart once and check it against bitcoin price chart and see what is happening in different coins during each rise an fall. but rememebr to check both their altcoin/btc and altcoin/usd market.

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Quote from: The_prodigy on February 23, 2017, 10:01:16 AM

Bitcoin price is at $1152 Dollars per 1 bitcoin this means that altcoins will be increase it price too where many people will be happy on what the bitcoin price at now. For me the best profitable in bitcoin is i'ts alternative coin where we can get really profit into it. And we can minimize our loses. Better to hold them till the bitcoin price hit 2000

What you are telling i dont understand if the bitcoin price hits 2000$ then almost all altcoins even if the coin has good value it will get selling pressure as most of then will want to convert their wealth to bitcoin so only the good worthy altcoin will be good to buy in this selling low rate time to hold for long when their is correction in bitcoin price then this altcoin will perform good.

The_prodigy

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Bitcoin price is at $1152 Dollars per 1 bitcoin this means that altcoins will be increase it price too where many people will be happy on what the bitcoin price at now. For me the best profitable in bitcoin is i'ts alternative coin where we can get really profit into it. And we can minimize our loses. Better to hold them till the bitcoin price hit 2000

Satifan

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Quote from: milewilda on January 08, 2017, 09:32:13 AM

Quote from: shanem on January 08, 2017, 08:51:14 AM

When the price of bitcoin goes up a lot, altcoins will drop in the short term as people either sell to ride on bitcoin or convert to fiat for cashing out.
As the bitcoin bull market continues, people will gradually turn to alts as the price of bitcoin looks expensive compared to other coins. Then you will see huge rallies in altcoins as everyone rushes to find the next bitcoin.

Most altcoins do really have decrease on their price when bitcoin price increases and you are right on your points they are riding the bullish trend but there are some alts doesn't tend to decrease its price infact they are sticking to move up.I don't know whats the true reason behind this since im not too expert on crypto trading.This thing is just what I observed.

Now, it is better to buy bitcoin.

milewilda

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Quote from: shanem on January 08, 2017, 08:51:14 AM

When the price of bitcoin goes up a lot, altcoins will drop in the short term as people either sell to ride on bitcoin or convert to fiat for cashing out.
As the bitcoin bull market continues, people will gradually turn to alts as the price of bitcoin looks expensive compared to other coins. Then you will see huge rallies in altcoins as everyone rushes to find the next bitcoin.

Most altcoins do really have decrease on their price when bitcoin price increases and you are right on your points they are riding the bullish trend but there are some alts doesn't tend to decrease its price infact they are sticking to move up.I don't know whats the true reason behind this since im not too expert on crypto trading.This thing is just what I observed.

Topic: what does $1000 bitcoin price mean for altcoins? (Read 4301 times)