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Topic: what is happening now? - page 10. (Read 6484 times)

member
Activity: 658
Merit: 11
CRYPTO WEB3 NEOBANK
August 11, 2019, 10:13:59 AM
#64
You are happy with the conditions in 2017. I am also the same. However, in 2019 we also should not complain even when the price of Bitcoin increases and the price of altcoin does not increase. There are many other solutions that we can do to anticipate this incident. The reason why when Bitcoin increases and altcoin does not, there must be.
full member
Activity: 686
Merit: 103
www.fintropy.io
August 12, 2019, 02:59:03 PM
#64
hello friend,
in 2017 I was very happy when I saw the price of Bitcoin increase in coinmarketcap because when the price of Bitcoin increases, then the price of Altcoin will immediately increase too, but for now when the price of Bitcoin increases and it does not affect for the prices of Altcoin (even still down), then when the price of Bitcoin goes down and at that time the price of Altcoin will go down too, so I do not understand the current state of the market and what is happening right now.

I guess, people simply saw that Bitcoin could get up after the greatest fall, and started to trust it again. This trust now is great, therefore, they are actively investing in BTC, and its dominance is growing constantly. Altcoins are "forgotten" for some time, but soon, the balance will be restored. Tokens (most of them) will follow Bitcoin movements.
full member
Activity: 502
Merit: 100
TheFutbolCoin
August 12, 2019, 12:12:12 AM
#63
If you compare in 2017 you will not find the same thing in the following year, why Altcoin isn't currently following the bitcoin path maybe the reason is bitcoin is still the main focus to generate profits faster.
jr. member
Activity: 176
Merit: 1
August 11, 2019, 07:58:50 AM
#62
My analysis of why the price of bitcoin has increased because many investors have switched to bitcoin, because in altcoin many new coins have been launched but coins have no value and lead to scam cases. therefore the price of bitcoin rises but does not affect the price on altcoin
hero member
Activity: 1484
Merit: 535
August 11, 2019, 11:50:22 PM
#62
hello friend,
in 2017 I was very happy when I saw the price of Bitcoin increase in coinmarketcap because when the price of Bitcoin increases, then the price of Altcoin will immediately increase too, but for now when the price of Bitcoin increases and it does not affect for the prices of Altcoin (even still down), then when the price of Bitcoin goes down and at that time the price of Altcoin will go down too, so I do not understand the current state of the market and what is happening right now.

The basic reason why the increase in the market value Bitcoin does not really affect altcoins is that, majority of Altcoins are paired with stablecoins and have about 80% of their trading volume trading in this stablecoin with just 10% paired with Bitcoin. With this, an increase in bitcoin will not really affect the market value of these altcoins. 
sr. member
Activity: 1372
Merit: 251
PredX - AI-Powered Prediction Market
August 11, 2019, 11:26:31 PM
#61
Altcoin and bitcoin movements are different now altcoin does not follow the rise of bitcoin so there is a lot of confusion that many may throw altcoin and switch to bitcoin which is more promising so that altcoin enthusiasts are reduced so there is no upward movement
That's what happen with the current situation investors choose to invest more with Bitcoin and not with Alts and it's really affecting the market for the Alts community, there's a need for new invest money for alts to move forward and tail Bitcoin journey, it's needed to be wait for some time and not to fall with this current sways.
If everyone ran into bitcoin I would be going in different directions going to invest and holding altcoin at low prices now must be utilized well just waiting for the pump I'm sure altcoin will not stand still below it will definitely follow the movement of bitcoin that goes up
sr. member
Activity: 572
Merit: 259
LSK, QTUM
August 11, 2019, 08:01:03 PM
#60
Even at this time, bitcoin holders are still making their profits, because it has been the major determinant of price increase of most coins. This is why we see it dominating. However, altcoins might soon take up the lead and we might see the dominance of bitcoin falling?

yes they are making profits. but what can they win and which risks are they taking?
with alts can double or triple your money easily. up to 5x is also possible.

with btc you can only make a doubler or a triple with an high risk when buying at the bottom and selling at the high.
when it drops there is no guarantee its gonna rise again. the btc investment strategy is not very smart in my eyes and sooner or later it will show of.
also a big reason is the price psychology. the price of a five digit is not beautiful at all. at 12000 the hive mind says "too expensive" and the money is gone.
i would never take such a risk investing in btc. there is only a few crumbs to win with an high bet of own money.
member
Activity: 1764
Merit: 10
August 11, 2019, 05:04:47 AM
#59
Who knows, just the manipulators with big players decided to act differently and now they only pump and invest in bitcoin, and at the moment, nobody is interested in altcoins.
member
Activity: 854
Merit: 10
August 11, 2019, 07:48:27 PM
#59
Even at this time, bitcoin holders are still making their profits, because it has been the major determinant of price increase of most coins. This is why we see it dominating. However, altcoins might soon take up the lead and we might see the dominance of bitcoin falling?
member
Activity: 171
Merit: 10
August 11, 2019, 03:58:21 AM
#58
After 2017, people lost a lot when they invested in altcoins. Now people have become more cautious and prefer to keep money in bitcoin.
sr. member
Activity: 572
Merit: 259
LSK, QTUM
August 11, 2019, 07:28:28 PM
#58
i can tell the real reason why this market is like that.
it is very simple. its because most people dont have any clue in investing, especially the new people who try to invest.
the no1 argument to invest not in alts is scam.

well if you are longer spectate the markets you know, that there are still many trustable coins that exist since a long time, like ethereum monero and co,
so this scam argument comes mostly from people who dont know anything from investing and lost all their money, spending it for shitty icos and pumpndump.

the no2 argument is that people lost a lot of money in 2018.

firstly many people dont know when to sell and secondly many people are too pessimistic in the markets. when bitcoin falls one time its like the end of the world for many investors are selling off until the coins are undervalued to zero.

that investors are clueless and just dont know anything about investing proves also that everyone prefers more investing in this overheated btc market where they will loose everything again instead of looking for a nice decent altcoin at the bottom that gives profit. i mean what can you loose? its allready at bottom because every noob sold off. but at bitcoin? this move was not even a doubler but when it falls to bottom you will never gonna see your money again. i feel very sorry for the people investing in btc.

it will happen exactly like that: that bitcoin bubble pops again and everyone starts whining again, giving all their faults to the market and their coins that they loose everything again. instead of that people should learn to study the coins knowing what marketcaps, coin amount means in relation to price and finding rational ways to invest.

the cluelesness is just an irrational mirror to an irrational market. i think the reason is also that many newcomers are investing because they heard about bitcoin in the media, so they just thing "cool" and invest blind. then the whining starts and everything is down at zero again. its all just simple greed combined with stupidness. thats not the way how to make money and everyone will loose.

that stupidness holds also many investors back from investing because its not a win situation when there are so many blind investors. too many blind people dominating the markets. too much greed too less brain.

the only solution is that people need to think different by giving the coins their worth it really deserves, not thinking about profit only by doing scammy icos and such. we need more decent investors that are convinced in what they are investing and then new investors will jump in. this market needs more trust and fair prices. many people think in real that all coins are worthless but its wrong. there are many coins with interesting tech in it that is way better than bitcoin, so i find it very stupid how many people think about alts.
sr. member
Activity: 1512
Merit: 306
https://duelbits.com/
August 11, 2019, 03:51:43 AM
#57
what happens now is very much different in 2017, the price of bitcoin dropped dramatically, not just bitcoin, this also happened to altcoin, whether in the future they will start to rise again, we just wait for the development of the beginning of next year
sr. member
Activity: 1246
Merit: 285
August 11, 2019, 07:27:46 PM
#57
I am inclined to assert that today Bitcoin is gaining sympathy among investors, primarily because, against the general background of the worldwide discussion of cryptocurrency, the first question is about the legalization of cryptocurrency in the world.  And if this issue is successfully resolved, then first of all, Bitcoin will become a legal cryptocurrency, which will lead to its active use and an increase in the number of members of the community of Bitcoin owners.
That's right, especially when there's a halving moment, I think that's what makes bitcoin dominance in the cryptocurrency market even stronger. The number of fraudsters who take advantage of the ease in making their own altcoin to deceive investors makes the market confidence tends to shrink. Altcoin, which is at the top of coinmarketcap, is moving slowly, everything is still focused on btc.
sr. member
Activity: 656
Merit: 251
www.fintropy.io
August 11, 2019, 02:43:27 AM
#56
Now Bitcoin has increased its dominance in the market and the king of altcoins (ETH) is not in its best form. However, you should not worry, I think it will end soon.
full member
Activity: 1246
Merit: 103
August 11, 2019, 02:49:33 AM
#56
hello friend,
in 2017 I was very happy when I saw the price of Bitcoin increase in coinmarketcap because when the price of Bitcoin increases, then the price of Altcoin will immediately increase too, but for now when the price of Bitcoin increases and it does not affect for the prices of Altcoin (even still down), then when the price of Bitcoin goes down and at that time the price of Altcoin will go down too, so I do not understand the current state of the market and what is happening right now.

it is very difficult to predict something that happens in the cryptocurency market ... we suspect that if the price of bitcoin goes up then the price of altcoin also rises because of our guidelines in 2017 ... and now the events are very different like in 2017 ... today bitcoin is going up but the price of altcoin is still going down ... so in my opinion don't make 2017 ago your guide ... because that never happens again in the near future ..
full member
Activity: 574
Merit: 100
August 11, 2019, 07:24:54 PM
#56
In March 2019, altcoin was pumped up to x2-5, while bitcoin was still stable. well now the possibility of bitcoin will be pumped on a large scale and when bitcoin is stable it is likely that altcoin will follow
full member
Activity: 560
Merit: 104
terra-credit.com
August 11, 2019, 07:16:30 PM
#55
hello friend,
in 2017 I was very happy when I saw the price of Bitcoin increase in coinmarketcap because when the price of Bitcoin increases, then the price of Altcoin will immediately increase too, but for now when the price of Bitcoin increases and it does not affect for the prices of Altcoin (even still down), then when the price of Bitcoin goes down and at that time the price of Altcoin will go down too, so I do not understand the current state of the market and what is happening right now.

In 2017 there was a significant increase in bitcoin and even touched the highest since it was created and it happened one year after halving bitcoin in the middle of 2016. At that time everyone expected all altcoin to follow the bitcoin footprint, everyone flocked to buy altcoin and as a result, demand increased and the explosion of altcoin prices has risen. different with the current situation, maybe some investors save their funds to prepare for the moment of halving bitcoin in the middle of 2020 and many of them have lost the trust of altcoin that appears lately because many fraud projects occur.
hero member
Activity: 2170
Merit: 528
August 11, 2019, 05:24:13 PM
#54
The market is shifting. Two years ago there was a massive altcoin boom and people believed that new altcoins will share bitcoin's success but they did not. Most of them were scams or failures and people did not really know what they are buying. They were buying promises.

Now new investors see all those failed projects and don't want to risk it so they buy bitcoin. The market will no longer take altcoins up as much as bitcoin and it won't change until Bitcoin reaches a new ATH then maybe some people will again think of differentiating.
jr. member
Activity: 139
Merit: 1
August 11, 2019, 05:19:01 PM
#53
It’s because a lot of people are selling there Altcoins probably to cut loses and leverage on bitcoin dominance! This shows that the bull run this time will take a slightly different approach probably !
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
August 10, 2019, 11:42:51 PM
#52
what happens nowadays people don't really believe in altcoin like 2017, there is fear from some people to invest because the number of FUDs in circulation and altcoin that is not strong will die, in contrast to bitcoin which can always rise from outstanding FUDs.
Most of the people around this industry already untrust the alts market learning from the past experiences and give them the benefits of the doubt to continue investing to this situation,  some might still continuing to find good project while others are working with new types of investment venues, working with chances with small percentage of success makes investors being afraid to begin with.
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