The price of either bitcoin or Altcoin is basically dependent on demand and supply, however, I learnt that few whales can also manipulate the marker price to get what they want.
Cryptocurrency emphasises decentralization and as such, the market should be based on demand and supply by the Masses and not manipulation from few individuals.
Topic: When altcoin price increase - page 9. (Read 1732 times)
They will soon. As the recent rising wave of altcoins, around two weeks ago, they rose when bitcoin fell. Last two days, bitcoin lost its price at $10,000, from which bitcoin kept falling, and I think it will keep decreasing more. Maybe bitcoin will retest the range around $9200, if it will occur, altcoins will have another rising wave.
I think there are also some altcoins that follow the bitcoin movement, when it goes up and down, but the altcoin average is like that, when bitcoin rises, altcoin is dumped to be exchanged for bitcoin and when bitcoin goes down, altcoin is dumped due to panic. Altcoin average relies on a pump to increase its price, except that the market is bullish.
Agreed. Other things that affect altcoin price (and are not connected with the bitcoin directly) are project development and project's activities. MVP's release, scam accusations, partnerships — the list of possible reasons is pretty big.
I often speculate on the token burning. Usually when token burns, it affects the price positively (in a short term ofc). I constantly monitoring some alts which are going to be burned to make ez profit. It's not the best strategy, but it works
At the end of June I made 200% on TAN's burning, so the story is going to be repeated this month as well.
There is no constructive reason that I can give about the price of bitcoin and altcoin ... It never occurred to me what caused it to happen like this. If Bitcoin is the main coin, altcoin must also be included. I mean, if the price of Bitcoin rises, Altcoin also rises. But what happened was the opposite.
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.
You are talking about the prices versus BTC. But against USD, most of the alts have gone up during the last few months. For example, ETH has gone up by more than 100% and Litecoin has gone up by 230%. The issue here is that BTC has gone up by even more against USD. But we may be witnessing some improvement in the situation. For example, the Bitcoin dominance has gone down to 64.4% from 66.6% in a few days.
Altcoin prices are not like in 2017 when bitcoin rises then altcoin also rises but for this year it is not so, altcoin is an alternative to trading only in the middle or short so the altcoin price will not change so high.
This phenomenon I think is very reasonable. But with the increase in Bitcoin prices are able to make the market again experience increased trading volumes. We know that the year 2018 market continues to decline and many people are out of the market. And now indeed Altcoin has decreased if the price of Bitcoin is pumping. I suppose if Bitcoin is stable, Altcoin will pump back.
Do your research as I said, which altcoins pumped again later 2017 pumped. Not any coin but check new coin almost many token pump.
I think there are also some altcoins that follow the bitcoin movement, when it goes up and down, but the altcoin average is like that, when bitcoin rises, altcoin is dumped to be exchanged for bitcoin and when bitcoin goes down, altcoin is dumped due to panic. Altcoin average relies on a pump to increase its price, except that the market is bullish.
Agreed. Other things that affect altcoin price (and are not connected with the bitcoin directly) are project development and project's activities. MVP's release, scam accusations, partnerships — the list of possible reasons is pretty big.
The correlationship we observed seems to be gone. Looking at how tempting the prices of altcoin are. I still stick to Bitcoin, seems to be dropping but at least it seems not to drop so bad below 9000. Alt coins some easily gone by 90%
both of these tokens have a big influence on crypto ...
the exchange rate will improve again if all it projects are running properly and according to what is being promoted ..
the exchange rate will improve again if all it projects are running properly and according to what is being promoted ..
It is because when they see prices of bitcoin going up, the tendency of others is to go with the flow like selling their altcoins for bitcoins hoping that they will gain a lot.
I think there are also some altcoins that follow the bitcoin movement, when it goes up and down, but the altcoin average is like that, when bitcoin rises, altcoin is dumped to be exchanged for bitcoin and when bitcoin goes down, altcoin is dumped due to panic. Altcoin average relies on a pump to increase its price, except that the market is bullish.
Right, now we can conclude that the average person tends to follow the trend direction. When this month the bitcoin trend increases, they will dump altcoins for bitcoin and vice versa. If the influence is very large like this, it means that many people are still victims of FUD and FOMO. They do not analyze well, they only see what is in the news.
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 increase is influenced by several things, one of which is supply and demand, bitcoin, news about the altcoin itself. therefore it is very difficult to predict precisely and correctly because crypto is volatile where prices can change significantly over time. 
If the question is when, the answer is altcoin price will be rised up when bitcoin price are stable / sideways. But it's also depend on the quality and hype of those token/coins itself. Supply and demand also affecting the price of those Altcoins. I always avoid trading when bitcoin price are unstable.
Bitcoin has always been everyone's choice for investment and altcoin is the second choice, but nowadays there are many good projects that have real products, I see altcoin prices slowly rising even though they cannot rise and follow BTC prices like 2017.
The existence of the IEO makes crypto investors increasingly trust new coins and I will wait patiently by always trading.
The existence of the IEO makes crypto investors increasingly trust new coins and I will wait patiently by always trading.
because bitcoin is the king of crypto, altcoin can't do anything except bitcoin in a stable condition, usually the altcoin will rise easily if bitcoin is in such condition.. we see now that the dominance of bitcoin has been 68% likely that altcoin this month will continue to fall.
I think correction is what's happening,if bitcoin will continue with the upthreading then it has no choice but to correct itself and altcoins will gain from the right correction
I don't know what happened or maybe this is just a market correction. but when bitcoin rises, the altcoin price also goes up but on the contrary now I see in the market the price of bitcoin decreases altcoin actually decreases, but I still believe that this market condition will not be forever like this, I am sure the market will recover soon and the price of bitcoin and altcoin go up again.
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 now there are a lot of altcoins, there are many more than in 2017-2018. But crypto-currency users are still few, and new investors mostly buy Bitcoin. In addition, credibility of altcoins fell due to large number of scams projects. Most likely new season of altcoins will begin with growth of interest in crypto around the world. This can happen with appearance on marketplace of coins from Facebook and Telegram.
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