Topic: what is happening now? - page 13. (Read 6484 times)
It seems that the market cycle has changed, and the people are giving bitcoin much value. It means that institutional traders are also interested in bitcoin. But this cycle may be altered. And altcoins will have their opportunity to rise. I do not care about it, but I keep holding altcoins.
2017 is very beautiful for all people who are active in the crypto exchange. After 2017, no one can be sure of the price of coins up to today. Bitcoin and Altcoin are very bound, but after 2017, everything changes. Like there is no relationship anymore.
Even me I don't know what is happening in crypto currency but in my own opinion maybe a lot of investors are getting clever now they see to it first the situation then they invest. And just because if there is a lot investors will engaged in bitcoin, the possibility of growing up become higher.
Market differences in 2017 and 2019 are indeed very difficult to predict, As we know Ethereum in 2017 is quite fast rising when the price of bitcoin rises, But this year all altcoins seem to lose direction when the market situation is in an uptrend.
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.
not all altcoin can be influenced by bitcoin. which must be understood that the cryptro is fluctuating where prices can change significantly at any time. and many countries prohibit the presence of bitcoin so that it affects the market. 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 seems bitcoin is becoming mainstreamed. The great coin has shared more than double of the total market capitalization, and its popularity has increased lately. The US's latest concern over Facebook's Libra has also fueled its popularity. Mr President also talked about bitcoin in his remark on Libra.
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 current market is very similar to 2016 when all altcoin is going to the bottom. And now investors only care about bitcoin and invest in it. Altcoin currently has a lot of scam and nobody wants to risk investing in it 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.
This can be seen from past experience. When the BTC rose, people like to convert the altcoin into bitcoin. When BTC prices fall, people like to convert cryptocurrencies into stable currencies. I like other cryptocurrencies when the currency is sideways.
I also do not know what is happening to altcoins. In the past, bitcoin took the lead when the market would be up. But the situation is no longer here. Such situation has created fear among those holding altcoins.
Bitcoin market dominance increased periodically and recently touched 70%. Some people think altcoin season will never come again as many big news center around bitcoin. The reason why bitcoin price goes up while most altcoins dip is because BTC value for altcoins drop when people sell their altcoins for BTC, and then drops further when there is a drop in BTC dollar value. Altcoin holders should just be patient since some altcoins still soar in price with good FA and those with good project development will be profitable in the long run.
yes I see bitcoin dominating the crypto market and some altcoins are falling in price. well maybe this is caused because of the many requests for bitcoin. Moreover, many claim positive things about bitcoin and maybe this is the effect that is making bitcoin prices go up.
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.
You are wrong,when last bullrun happened altcoins dont increase instantly,it takes few weeks before altcoins start surging in price and dont compare the present market surge with last bullrun of 2017.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.
Last bullrun was driven by HYPE but this present bullrun isnt drive by hype,adoption is what will make bitcoin keep surging in value and gone are the days when you can hold shitcoins for profits,if you try that you will end up with nothing
People are cumulating more Bitcoins because on some portals there are predictions that altcoins are going to zero and retailers are selling in a fear.
I do not think that is the reason why people are out of it. Since when people are entrusting all of their money to those media? the only plausible answer for all of this is market flow.
the player wants Bitcoin to reach its ATH again and consolidating its price around that plus pressuring the alts so they can buy it cheaply. I believe most of them already sold their stash back then when we were pumping, so before the pump happens. They are going to get their stash back at a cheap price.
I guess that investors already woke up with the reality that Bitcoin will always get them the profits they wanted and its gonna be difficult achieving that in altcoins. Though there are altcoins that are proving to go on an upward trend because of them having an actual user base of millions within their network. It's always great to see coins being independent and not rely on Bitcoin anymore for their growth.
full member
Activity: 882
Merit: 102
PayAccept - Worldwide payments accepted in seconds
People are cumulating more Bitcoins because on some portals there are predictions that altcoins are going to zero and retailers are selling in a fear.
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 weren't so many ICOs, and after altcoin get pumped in 2018, people start to launch shitty ICOs and most of them were scam. That's why people don't interested to invest in altcoin and focusing their investment to bitcoin instead of altcoin. (You can see how big btc dominance now) 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.
Understanding the movement of bitcoin and its relation to altcoin isn't really confusing. There were times that its relation has been impacting positively and alts just follow the lead wherever bitcoin shoots.
But at these times, the price of alts and bitcoin didn't go along. The price for bitcoin is positive and the alts are negative, this makes many investors confuse about its relation. Soon, it will stabilize and both will move together.
But at these times, the price of alts and bitcoin didn't go along. The price for bitcoin is positive and the alts are negative, this makes many investors confuse about its relation. Soon, it will stabilize and both will move together.
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 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.
what you don't understand is the relationship that altcion had with bitcoin in 2017 not now. the relationship was EXACTLY the same as today.
when bitcoin rises. they get dumped.
when bitcoin drops. they get dumped.
when bitcoin stabilizes they get pumped.
this little relationship has not changed for many years. of course there is exceptions in some cases when they get pumped on their own no matter what bitcoin is doing.
Right now the market cycle is changing. During 2018 everything was falling down until we reached the bottom by 3k per BTC. Science than the market is recovering and we are waiting for another big announcement that would push the market further.
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
Nope, actually at the first when bitcoin was pumping to $19,000 the bitcoin dominance is also increasing and altcoins are bleeding. Just after bitcoin price has corrected until $15,000 but the entire crypto market cap is still increasing, then the altcoins are starting to pump and the alt season starts.
The current condition is still the same, but why the btc dominance is bigger than last time in 2017? Because everyone has started to realize that altcoins are full of bullshits.
Jump to: