Topic: When bitcoin price goes up,altcoins prices goes up too? - page 2. (Read 2458 times)
This one is a bit of complicated since altcoins also depend on how bitcoin moves. So when you have your altcoins its better to keep it in a short time to avoid the fork and predict when to trade.
When a price of bit was settled down, I wish a price of ait rises!
I have notoced that if Bitcoin raises very slowly, so do also altcoins benefit, while if Bitcoin raises very fast and very much, altcoins tank - people sell them to enjoy the ride of Bitcoin.
If the BTC grows, it pulls Altcoin. This is because the capitalization of BTC is increasing, and Altcoin is falling. Correction and news will also help to increase Altcoin.
Depends. From what I've scene bitcoin pumps, alts go down. Bitcoin raises the roof a bit the slows down and alts surge to catch up.
Yeah I've noticed that too, I think there are more and more people each day coming in to get into crypto to keep pushing the prices higher. Won't most alt coins have a downward bias as each project team that has done an ICO needs to cash in part of their holdings to fund business activity?
I am not a specialist in crypto structures,but when bitcoin price goes up,altcoins prices goes up too after unknown time or not 
Because always when btc rises,altcoins to started dropped down.
Because always when btc rises,altcoins to started dropped down.
The price of altcoins varies from the price of BTC, investors, and some fake news sorrounded in the twitter, facebook and all. Sometimes its really hard to believe with our speculations because trading is truly unpredictable.
I am not a specialist in crypto structures,but when bitcoin price goes up,altcoins prices goes up too after unknown time or not
Because always when btc rises,altcoins to started dropped down.
Because always when btc rises,altcoins to started dropped down.
The price of altcoins varies from the price of BTC, investors, and some fake news sorrounded in the twitter, facebook and all. Sometimes its really hard to believe with our speculations because trading is truly unpredictable.
Depends. From what I've scene bitcoin pumps, alts go down. Bitcoin raises the roof a bit the slows down and alts surge to catch up.
I am not a specialist in crypto structures,but when bitcoin price goes up,altcoins prices goes up too after unknown time or not
Because always when btc rises,altcoins to started dropped down.
Because always when btc rises,altcoins to started dropped down.
I think there's no direct correlation however, as in the case today, altcoin is slumping because people are selling them to get free coins. There are a lot of instances in the past, but there also history when both markets really enjoy a price surge. So its not same to assumed that they have some kind of correlation. Let's wait after Oct. 25, and observed that once their is a dump on bitcoin, altcoin should rise. Though this market is really hard to predict.
usually, its opposite, like what happened several days ago, but when the whole market is hot, i mean many new comers get into the crypto world, they both will go up together
yes altcoin price will inflate too but reason for current bearish altcoins is due to btc fork end of Oct and in Nov.
People want to make the most of the new coins and so have all in BTC
People want to make the most of the new coins and so have all in BTC
bitcoin has risen too much. Altcoins has experienced an inevitable decline as people sell altcoins.
Everything will come back after October 25th
Everything will come back after October 25th
It seems that there are some alt coins that are traded for bitcoin at the moment because of the fork and there are also coins which rise with bitcoin like monero ethereum and litecoin
Altcoin prices against USD yes its going up too. But against bitcoin this is little complicated.
As for now bitcoin is rising but eth/btc is falling.
I think there are no strict connections between prices at all. There were times when bitcoin was growing and altcoins mostly followed it. Good example is May 2017, when btc was rapidly going up as well as ethereum, Nem and some growth of litecoin's price. As for September 2017, ethereum dropped till the middle of that month in USD, as well as litecoin and NEO dropeed superhard. Bitcoin dropped at first but than started recovering very fast and has now reached its maximum whereas most of alts are still suffering from the drop of price in USD. As for now bitcoin is rising but eth/btc is falling.
The altcoins will usually take a beating during the rise of bitcoin. The reason is that people sell off the alts to get more bitcoin.
Once bitcoin stabilizes, people start scrambling to get back into alts and this is when the price rises along with the previous bitcoin rise.
Once bitcoin stabilizes, people start scrambling to get back into alts and this is when the price rises along with the previous bitcoin rise.
This pump and dump of altcoins happen every time and I think it is just normal for all of this to happen, just what happen before that bitcoin price pump high to $6k and altcoins price is so dump and this could brings investor to buy altcoin with this price and it can make the altcoin price will pump again.
Not necessarily- of course it is undeniable that there is some established connection between the price of BTC and all alternative cryptocurrencies, However, it is not tight at all. So we should extremely thourogly study the reason behind the increase in the market value of BTC and take into account whether it is connected to something what has something to do with all the cryptocurrencies as a whole (like for example the approval of all cryptocurrencies in some country) or is that connected only with Bitcoin itself (like a fork with Bitcoin Gold). If it is the first case, than yes- all the cryptocurrencies are certain to rise in value, but if the second than only te BTC itself. Though I might be wrong, but that is pretty much what I think about the issue questioned
Main reason why altcoin price go down is that traders are focusing on bitcoin and they selling own altcoin to buy as much as possible this coins. But later altcoin price returns to basic
it always like that, bitcoin price up and altcoin goes down because people start to sell their alts and not want to miss the momen for high bitcoin price. and then if bitcoin goes down they buy bitcoin again, and stock some altcoins
The general trend is really this: if Bitcoin rises in price, the course and altcoyins gradually increase. However, the course of a specific altcoyin is influenced by many other factors, and all together form its course. Earlier, if bitcoin was growing in value, the altkoins fell. Why now this order has changed, we still have to find out.
Jump to: