When altcoin price increase - page 7.

jumiapaul

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Quote from: RapTarX on July 23, 2019, 11:13:41 PM

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.

In my opinion, this idea of Bitcoin and altcoin disparity is not consistent. The market is volatile and the movement of altcoin and Bitcoin are dependent on the project or token in question and not a wholesome thing. Atimes the increasing value affect both the altcoin and Bitcoin which is the case in a bullish season.

Babyrica0226

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I do not know why, but after the price increase in 2017, the Altcoins lost their momentum and still do not have the fuel to go up. I hope the situation will change in the near future. I have investments in some projects I believe in.

None of us here know when altcoins will get kick its price value in the market. Its too difficult to determine when will gonna be happen anyway, though according to other bitcoin was already in bull run stage, but this year is not the same what happen during 2017 were when Bitcoin face bull run then altcoins market was also kciked their price too.

jack wira

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When bitcoin goes up sometimes the price of altcoin is still in a bad position. This certainly becomes a problem for all of us, if I think bitcoin is very easy to rise because it follows the positive news flow and vice versa, but altcoin depends on certain projects that can affect the price, for example a project that is well managed then the price of the coin will be good, and altcoin also affects a lot of interest from investors, so it's very different from bitcoin.

SanZoldyck

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altcoin is unbalanced and follows fever and trends while bitcoin follows the latest news from countries that legalize bitcoin

Deborah Christine

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No one can know for sure when the price of bitcoin will rise. all predictions are not 100% correct. as long as bitcoin is not stable, altcoin prices might not be able to go up.

passwordnow

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I've read an explanation about this before and no pattern that can be found about the fluctuations of each market, altcoin and bitcoin.
The triggering effect of bitcoin to alts can't really have no certain reason. We can assume that it's due to the people who are transferring their alts to bitcoin and if the effect starts to go on the opposite side, think of vice versa. The difficulty on how to read the motion of the market is high whether you are experienced or not.

Vaskiy

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There is no specific time period for the altcoins to get pushed forward reaching big as 2017. As the bitcoin market is gaining support around $9500 it takes little time to cross $10000. Following the rise of bitcoin we can expect the price of altcoins to increase to some level.

Above this for a bigger level of growth it takes time. Importantly the year 2020 is much important for this. I expect the growth of altcoins in large scale to happen once after the update for ethereum is done by the beginning of the year and halving which is scheduled for the middle of the year.

ansarose1

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For me, it is not always like that, say for example if bitcoin price increases there are possibillities that altcoins would also increase if they show good market activity along with the pumping price of bitcoin, or if there are many investors would buy such altcoins then the volume would increase and also its price.

Rikotin

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some altcoins on the market don't always follow the trend of bitcoin prices maybe just a few. positive news / support from the public greatly affects the increase in the price of bitcoin. if altcoin might depend on the adoption of the altcoin.

kissme09

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Bitcoin prices always affect the trend of Altcoin, which is one of Bitcoin's negative influences on the entire Cryptocurrency market that I fear. The altcoin has a low price that quickly increases sharply in a short time, but if Bitcoin can make it plummet in a short time if the price of Bitcoin increases.

Insomnia family

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Quote from: Bang El on July 29, 2019, 03:18:37 AM

Quote from: RapTarX on July 23, 2019, 11:13:41 PM

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 don't think all altcoins are like that, because some alternative coins also increase when bitcoin increases or vice versa,and some altcoins may follow bitcoin when they decline and when the altcoin rises it doesn't increase at all

actually not all altcoins follow the price movements of bitcoin, in fact when bitcoin increases only the closest altcoins feel the effect. but I'm sure there are still some altcoins out there that we don't know can increase when the price of bitcoin rises or falls. it's just that the increase is not too significant

Bang El

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Quote from: RapTarX on July 23, 2019, 11:13:41 PM

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 don't think all altcoins are like that, because some alternative coins also increase when bitcoin increases or vice versa,and some altcoins may follow bitcoin when they decline and when the altcoin rises it doesn't increase at all

silversurfer1958

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Quote from: RapTarX on July 23, 2019, 11:13:41 PM

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 price of alts only increases when Bitcoin dominance reaches its peak (70% - 75%). After that, the market will start to have a correction toward the alts.
because sharks find the BTC price high and they will sell Bitcoin to buy more alts at cheaper prices. That is how the market has been operating for the past few years.
So, wait more to buy alts at a good price. I think the alts are still dump in the next time.

glendall

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First, altcoin has its own time to go up, in many cases, altcoin will go up when BTC experiences a sideway.
second, why btc rises altcoin down, and even btc goes down altcoin also goes down, this is because the market is playing on BTC, so many people choose BTC at that time rather than altcoin,
so it's natural that altcoin goes down under any circumstances, this can be proven by the BTC dominance above 60%.

fuer44

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bitcoin and altcoin are not one another, not interrelated. if anyone says they are related, that is just a coincidence. so, bitcoin determines its own value, while altcoin also determines its own value.

bitcoin has its own market cap, altcoin too. only, an increase or decrease in the trading volume of altcoin, could be influenced by bitcoin because of the widespread popularity of coins in the market.

nowlscor18

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Quote from: Handsome Boy on July 28, 2019, 07:20:04 PM

Quote from: RapTarX on July 23, 2019, 11:13:41 PM

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.

in my opinion we will never know market situation and when altcoin price increases, because market always gives us a surprise, therefore I suggest you to buy more altcoin when the price down and hold it, because I'm sure someday there will definitely be a time for altcoin price to increase very high (bull run) and give you a very big profit.

If you expected bull run to commence, of course there's should be a profitable price of every coins. Demand really helpful to attain an expensive price for an altcoin. Once this happened many investors will begun to buy and hold promising alts, and panic will be suppressed.

Youghoor

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The altcoin market is a very slow market and it is greatly influenced by Bitcoin. In as much that an increase in Bitcoin's price does not really automatically affect that of the altcoin market does not specifically mean that Bitcoin has no influence on altcoins. The raise in altcoin market is very slow and the bitcoin influences altcoins in a smaller margin.

Handsome Boy

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Quote from: RapTarX on July 23, 2019, 11:13:41 PM

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.

in my opinion we will never know market situation and when altcoin price increases, because market always gives us a surprise, therefore I suggest you to buy more altcoin when the price down and hold it, because I'm sure someday there will definitely be a time for altcoin price to increase very high (bull run) and give you a very big profit.

sukoyomi

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I believe that the rise in prices should begin in mid-autumn. So say the experts. Up to this point you need to have time to buy your favorite altcoins.

At least at the very late, price would begin to better at january 2020, It's at the latest. Buy to get more cheap favorit altcoin is recommended, just believe there will be a big waves come to altcoin.

Rengga Jati

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So far, we are seeing the progress of the altcoins following the BTC price, however, it only happens to some certain altcoins that have strong development and trading volume. Compared with BTC trading pair, some coins may increase when the price of the BTC is decreasing. However, not much, some other altcoins precisely follow dropping. It may need more moment or wait for the price of the BTC to be more stable.

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