I think it's hard to guess because even though bearish doesn't appear yet, the influence of altcoin in the crypto market is still not strong enough, there are a number of alt's that are starting to increase, but it is only temporary because if there is bad news that hits the crypto space I think it will come back down again like some time lately.
Topic: When altcoin price increase - page 5. (Read 1758 times)
Not always the price of Altcoin depends on the price of Bitcoin, at a certain time the price of Altcoin can also increase. Bitcoin is the king of Cryptocurrency, and Bitcoin has become the benchmark of all existing Cryptocurrency coins. When Bitcoin goes up, many people invest in Bitcoin, so the price of Altcoin goes down. And when the price of Bitcoin goes down, the price of Altcoin also goes down because investors prefer to save their money than to buy Cryptocurrency coins.
Well, the altcoin apocalypse isn't totally over yet that's why we experienced such thing but ideally I think one altcoin that's done a good job is the main one, ETH. It has really stayed strong and have followed Bitcoin in an appropriate fashion. But I believe that as good projects are coming into the space a time will come that we'll find stability somewhere.
It seems to me that nothing has changed and everyone is waiting for a reaction from Bitcoin. How he sets the growth rate will be so. Agree any growth depends on bitcoin. We won’t get anywhere from this.
l do agree, in any case, it depends on BTC movement, if BTC shows us only 69% of total marketcap, we can not expect rise on the altcoins. When altcoin price increase and the price of the top altcoins becomes more stable but nobody can give the right answer due to the unpredicted energy of the crypto markets. l hope it will not take a lot of time and TBH, l'm getting be impatient, it is so boring to see the same market cycles right now. The professional traders can predict the next timing of the uptrend but only half of those predictions happen in the real crypto markets. I think the altcoin season can come back but I don't know when the right time is and that only time can answer, but the market is now more dominant with BTC, many altcoin traders convert their coins and replace them with BTC. and maybe the altcoin season has passed its heyday and now on the contrary bitcoin will pump higher.
The dominance of Bitcoin is now almost 90%, if we consider only real and live Altcoins. I think that this is the maximum dominance of Bitcoin that can be.
I think the altcoin season can come back but I don't know when the right time is and that only time can answer, but the market is now more dominant with BTC, many altcoin traders convert their coins and replace them with BTC. and maybe the altcoin season has passed its heyday and now on the contrary bitcoin will pump higher.
When bitcoin price increasess, altcoin decreases. When bitcoin price decreases, altcoin decreases as well. In both case, altcoin suffers. When does altcoin price increases? Why market follow this behavior? Please share constructive reason behind this.
The altcoin price increases when the altcoin season begins. We are still waiting for a new altcoin season like 2017, but it looks like it will be a long time before it happens.
When bitcoin price increasess, altcoin decreases. When bitcoin price decreases, altcoin decreases as well. In both case, altcoin suffers. When does altcoin price increases? Why market follow this behavior? Please share constructive reason behind this.
I think that simply the price of Altcoin increases, is when Bitcoin is in its Bullish trend stage.
The reason is that at the moment that Bitcoin begins to increase, at some point there is a setback or correction, and therefore at that time altcoin suffers a slight decline, but many Bitcoin investors know that they are in the Bullish trend phase and they buy Altcoins immediately, but against their BTC pair, (Alt / Btc), for the simple reason that it will continue to increase and they multiply their investment, because Alt is cheaper but as the trend continues to grow, it also increases, always respecting Alt / BTC.
And this happens because Altcoins depend directly on Bitcoin. That is why when the bullish trend is identified, investors pass all their FIAT money to BTC and invest it, as it was seen in 2017 when it was between October to December, most Altcoins were painted green.
I think after the end of the year Bakkt event will have an impact on the rise of bitcoin, when bitcoin rises to the maximum, while altcoin has not, then the existence of ethereum 2.0 at the beginning of the year will bring altcoin up and bitcoin to stagnate, because investors turn to enliven altcoin, which has the potential to rise, so that it brings profits for investors
When bitcoin price increasess, altcoin decreases. When bitcoin price decreases, altcoin decreases as well. In both case, altcoin suffers. When does altcoin price increases? Why market follow this behavior? Please share constructive reason behind this.
The altcoin price increases when the altcoin season begins. We are still waiting for a new altcoin season like 2017, but it looks like it will be a long time before it happens.
Last two year altcoin price always depend how bitcoin situation, when bitcoin on the top price altcoin will be higher and altcoin take down if bitcoin have lower price, not more different about altcoin situation.
It's time alts start bringing value by doing what their projects say they will do.
Until now there has been no good news that has a big influence on cryptocurrency. Big investors are still not moving and I think they are on the safe track. Let's wait, I think there will be another big move nearing halving bitcoin next period. Don't miss important news, keep analyzing.
Bitcoin dominance over alts works in waves. This is nothing new and, as of late, Bitcoin maximalists are starting to appear as deluded as altcoiners were at the start of 2018.
Truly novel altcoins with a practical use-case will succeed.
I'm especially bullish on Stakenet. If you read the excerpt below, I'm sure you'll be too!
Truly novel altcoins with a practical use-case will succeed.
I'm especially bullish on Stakenet. If you read the excerpt below, I'm sure you'll be too!
Quote
On-chain, Bitcoin is capped at 7 tx/sec. The more activity the network sees, the slower transactions become.
As it grows in value, fees increase as well.
Lightning allows for a theoretically unlimited number of transactions at near-zero fees, but it has seen stagnant growth because there's little financial incentive for individuals to adopt it on their own.
XSN's solution involves using its decentralized MN network and the collateral locked in them to rout payments, act as watchtowers, and provide a ton of liquidity for transactions.
This will bolster Lightning without centralizing it.
As XSN is inflationary, the supply will slowly increase over time and allow more masternodes to participate.
With this design and approach, BTC will be able to scale and take on much heavier workloads without hitting any major bottlenecks down the road.
Additionally, XSN's masternodes are going to use lightning to restore some of BTC's inherent privacy and anonymity that was compromised by CEXs and KYC.
By embedding TOR into the network and implementing lightning atomic swaps, anyone will be able to instantly and privately swap a wide variety of coins without ever having to send them somewhere that is out of their control. This will greatly minimize the need for businesses that accept crypto to adopt 10 different types of coins as so many of them can be instantly swapped into BTC.
Imagine a standard Bitcoin qt wallet with an extra tab that offers everything that a full scale exchange has and you have the essence of Stakenet.
As it grows in value, fees increase as well.
Lightning allows for a theoretically unlimited number of transactions at near-zero fees, but it has seen stagnant growth because there's little financial incentive for individuals to adopt it on their own.
XSN's solution involves using its decentralized MN network and the collateral locked in them to rout payments, act as watchtowers, and provide a ton of liquidity for transactions.
This will bolster Lightning without centralizing it.
As XSN is inflationary, the supply will slowly increase over time and allow more masternodes to participate.
With this design and approach, BTC will be able to scale and take on much heavier workloads without hitting any major bottlenecks down the road.
Additionally, XSN's masternodes are going to use lightning to restore some of BTC's inherent privacy and anonymity that was compromised by CEXs and KYC.
By embedding TOR into the network and implementing lightning atomic swaps, anyone will be able to instantly and privately swap a wide variety of coins without ever having to send them somewhere that is out of their control. This will greatly minimize the need for businesses that accept crypto to adopt 10 different types of coins as so many of them can be instantly swapped into BTC.
Imagine a standard Bitcoin qt wallet with an extra tab that offers everything that a full scale exchange has and you have the essence of Stakenet.
When bitcoin price increasess, altcoin decreases. When bitcoin price decreases, altcoin decreases as well. In both case, altcoin suffers. When does altcoin price increases? Why market follow this behavior? Please share constructive reason behind this.
Altcoins are being pumped usually when bitcoin growth slows down and the cash invested in BTC is being transferred to different lesser coins via exchanges. If BTC grows or falls dramatically, people don't think about altcoins, they are too focused on BTC/USD pairs.
When bitcoin price increasess, altcoin decreases. When bitcoin price decreases, altcoin decreases as well. In both case, altcoin suffers. When does altcoin price increases? Why market follow this behavior? Please share constructive reason behind this.
Unfortunately, I don’t think that anyone knows why this is happening, why altcoins almost always repeated the same movements for bitcoin before, but at the moment everything has changed, now altcoins just do what they are only falling, and bitcoin, meanwhile growing, of course we can guess why this is happening, most likely big players with manipulators change strategies and try to find some new loopholes for deceiving ordinary people and we can only watching.
It seems to me that nothing has changed and everyone is waiting for a reaction from Bitcoin. How he sets the growth rate will be so. Agree any growth depends on bitcoin. We won’t get anywhere from this.
There are lot of new Altcoins every month making the Altcoin market to become crowded. If there are lot of Altcoins to choose for investments it will make the investors to confused, become small and will be divided causing the market to become more unhealthy in which some of holders are now moving to Bitcoin. I'm afraid that Altcoin movement will continue to slow in the coming days therefore the price increase will depend to the most beautiful and the most feasible platform in the market attracting more people to invest.
Bitcoin rises high and it's like fishing, so people will move to Bitcoin. Then Bitcoin could hit higher and when it got high, the price suddenly dropped. Altcoin holders realize that the decline in Bitcoin will impact all coins. So coin holders also sell a lot of coins and prices drop back.
The Bitcoin pump is very good, but not followed by Altcoin. Altcoins only run slowly and with this condition, you focus more on Bitcoin.
The Bitcoin pump is very good, but not followed by Altcoin. Altcoins only run slowly and with this condition, you focus more on Bitcoin.
About when altcoin will rise some of them are always following the price of bitcoin and altcoin and some even predict it is not right at all, when bitcoin rises then altcoin prices also go up unlike a play pattern, all depends on the pump to increase market prices
I agree with you. It is very difficult to predict something. Because in the market every time there is a different growth. It seems to me that all altcoins depend on bitcoin for others, so everyone does not think their own opinion and their own strategy. I think that everyone is right in this regard. Jump to: