Topic: Why doesn't bitcoin go up higher percentages like altcoins? (Read 714 times)
The reason why Bitcoin does not see a higher percentage increase is that the value of Bitcoin has become more stable and it is not easy to be disturbed by giant whales. It is very easy to achieve a 50% increase in a day with a large number of altcoins. However, after a large number of altcoins are abandoned by the giant whale, the risks and benefits are at the same time. The higher the short-term benefits, the greater the risk. Therefore, the stability of btc will also make the risk of users who invest in btc become very small!
The capitalization of Bitcoin is huge and it takes a lot of money to make it appreciate like altcoins. If we compare capitalization and trading volume, we will see a significant difference. If you want to double Bitcoin, it will take hundreds of billions of dollars to buy, but with altcoins, it will be easier.
With some coins going up 50% or even l00% in a day or few days or in a week... any reason why bitcoin doesn't do that almost ever? Look at binance coin and many of those other coins that are literally doubling in a week. Now the btc dominance is going so low. And even when btc goes up... you don't ever see it going up that much percent in a week. I mean... its rare to see bitcoin say go up 50% in a week yet tons of altcoins do it.
The answer is very simple: such a big growth can have those altcoins that have low market cap and at one moment demand is much higher than supply. Talking about bitcoin, it already has a big number of holders and it doesn't have such sharp jumps in demand over supply. Moreover, when bitcoin grows too high, many traders open a short position which also puts pressure on the price.
On the contrary, when Bitcoin fell, altcoins also fell more rapidly than Bitcoin. Compared to Bitcoin, investing in altcoins is a high-risk and high-yield investment choice. At the same time, investing in altcoins also needs to pay attention to the risks caused by insufficient decentralization, while investing in Bitcoin does not need to consider these issues.
Bitcoin has a dominant position in the crypto market. Its trading volume and market value are high, and it is difficult to achieve a substantial price increase.
Altcoins generally have a low initial price, they will be easier to manipulate and the price increase will be high. However, the price of altcoins generally also changes with the price of Bitcoin.
Altcoins generally have a low initial price, they will be easier to manipulate and the price increase will be high. However, the price of altcoins generally also changes with the price of Bitcoin.
You can see the percentage of Bitcoin from the beginning to the present.
You see how much of the altcoins with relatively large gains are still alive.
If you want Bitcoin to increase more, then you can use more funds to trade Bitcoin.
You see how much of the altcoins with relatively large gains are still alive.
If you want Bitcoin to increase more, then you can use more funds to trade Bitcoin.
You are probably comparing Bitcoin to hype coins from some chain where more investors are only aiming for a short-term profit. They will shill the coin until they earn an incredible increase, and they will eventually plan for a safe exit.
Altcoins increase from the lowest price at the beginning. When more people buy, they will increase the price according to demand, which will show a high upward trend.
The price of Bitcoin has risen a lot since its appearance, and now its price is very high and its market value is relatively large, it is difficult for this high-priced currency to show a big upward trend.
The price of Bitcoin has risen a lot since its appearance, and now its price is very high and its market value is relatively large, it is difficult for this high-priced currency to show a big upward trend.
Well, I would like to share my knowledge on this subject with you 
Indeed, Bitcoin is mostly less than altcoin and I will tell you why!
Altcoins are more volatile than Bitcoin because some investors like to speculate on altcoins.
• It is easier for whales to "manipulate" the market because the marketcap of altcoins are so smaller compared to Bitcoin (of course what I said is relative, not all altcoins necessarily behave like this way.
• FOMO of investors, because they see altcoin values skyrocket in a short time, and they don't want to be left out, so they buy a certain altcoin blindly to keep up with that valuation.
• Another example, it is easier for an altcoin to rise 25% in the last 24 hours than for Bitcoin to rise 25% in the same period. This discrepancy is related to value/marketcap.
• I'll give you an example that fits perfectly with the examples I said above.
In this year, January/2021, DOGE was worth ~$0.01 and it reached its ATH in May of this year, of approximately $0.71 (appreciation of ~7,000%) while Bitcoin in that same period, appreciated "only" 113%
Another interesting example that also illustrates this, is the Shiba Inu (SHIB), had a monstrous appreciation in that short space of time.
Indeed, Bitcoin is mostly less than altcoin and I will tell you why!
Altcoins are more volatile than Bitcoin because some investors like to speculate on altcoins.
• It is easier for whales to "manipulate" the market because the marketcap of altcoins are so smaller compared to Bitcoin (of course what I said is relative, not all altcoins necessarily behave like this way.
• FOMO of investors, because they see altcoin values skyrocket in a short time, and they don't want to be left out, so they buy a certain altcoin blindly to keep up with that valuation.
• Another example, it is easier for an altcoin to rise 25% in the last 24 hours than for Bitcoin to rise 25% in the same period. This discrepancy is related to value/marketcap.
• I'll give you an example that fits perfectly with the examples I said above.
In this year, January/2021, DOGE was worth ~$0.01 and it reached its ATH in May of this year, of approximately $0.71 (appreciation of ~7,000%) while Bitcoin in that same period, appreciated "only" 113%
Another interesting example that also illustrates this, is the Shiba Inu (SHIB), had a monstrous appreciation in that short space of time.
With some coins going up 50% or even l00% in a day or few days or in a week... any reason why bitcoin doesn't do that almost ever? Look at binance coin and many of those other coins that are literally doubling in a week. Now the btc dominance is going so low. And even when btc goes up... you don't ever see it going up that much percent in a week. I mean... its rare to see bitcoin say go up 50% in a week yet tons of altcoins do it.
Yes, that is how it is supposed to be now. Bitcoin used to be like all those altcoins that you’re seeing, and going up more than 50% and 100% in a day, and that’s when it was still new and highly volatile. But, as it keeps growing, things starts to change. The more the market cap grows , the less volatile it becomes.And the good thing about this is that anyone can hardly manipulate the price of Bitcoin, unlike other coins that can easily be pumped and dumped by whales. But for those people who are looking for 100% increase and more in a day, sorry you’re not going to be getting that.
Because Bitcoin is an old coin, the percentage increase is never as high as altcoins. As you have explained, Bitcoin was very volatile in the past,
but now since the price has been high, the movement of Bitcoin is much more stable. So if we want to get a big profit, most people prefer
a new project. But the risk is high too, because many are manipulated by whales. Therefore, a new project usually when the pump is high,
recovery takes a very long time. There are even some new projects that have become deadcoins, because after going up, they were dumped
and did not recover again.
There are coins that have gone up by 400% in one day (Boom token) and they never went up again. It's because of artificial pumping by whales, they buy in bulk the shitcoins when they are at their lowest and sell by manipulating the market at higher prices.
With bitcoin a 50% increase in a week is unlikely, because the transaction volume as well as the value of Bitcoin is too large, but a 50% decrease in a week is completely possible and has it happened before long.
With some coins going up 50% or even l00% in a day or few days or in a week... any reason why bitcoin doesn't do that almost ever? Look at binance coin and many of those other coins that are literally doubling in a week. Now the btc dominance is going so low. And even when btc goes up... you don't ever see it going up that much percent in a week. I mean... its rare to see bitcoin say go up 50% in a week yet tons of altcoins do it.
Yes, that is how it is supposed to be now. Bitcoin used to be like all those altcoins that you’re seeing, and going up more than 50% and 100% in a day, and that’s when it was still new and highly volatile. But, as it keeps growing, things starts to change. The more the market cap grows , the less volatile it becomes.And the good thing about this is that anyone can hardly manipulate the price of Bitcoin, unlike other coins that can easily be pumped and dumped by whales. But for those people who are looking for 100% increase and more in a day, sorry you’re not going to be getting that.
The price of Bitcoin is higher, and the higher the price, it is difficult for the price to increase significantly.
No. Price has nothing to do with it. It's the total market cap.
You can have a cryptocurrency with only 1 coin worth a million USD and all trades are don on fractions of this one coin that are worth 0.1 USD or something. Would that mean that this coin is more stable than bitcoin because a single unit is worth more than bitcoin?
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The price of bitcoin is having a big movement but compared to other altcoins due to the volume it just feels like it doesn't have a lot of movement, With a trillion market cap of course it's gonna be difficult to move a high percentage of it like 50% pump or 50% dump.
You could easily notice the profit in some altcoins because the volume is low, so for example an altcoin that could 1$ each of your 1000$ could buy a thousand of this altcoin compared to bitcoin where that thousand dollars could only buy .0.026 bitcoin.
From 1$ price of altcoin it could easily pump up to like 10$ in a few million in its market cap, and with that's altcoins it's already an x10, compared to bitcoin where the price is moving from 30k$ up to 60k$ which is a lot of movement already but volume is low.
You could easily notice the profit in some altcoins because the volume is low, so for example an altcoin that could 1$ each of your 1000$ could buy a thousand of this altcoin compared to bitcoin where that thousand dollars could only buy .0.026 bitcoin.
From 1$ price of altcoin it could easily pump up to like 10$ in a few million in its market cap, and with that's altcoins it's already an x10, compared to bitcoin where the price is moving from 30k$ up to 60k$ which is a lot of movement already but volume is low.
If we calculate the percentage increase in the short term, the percentage increase in Bitcoin is not too significant compared to altcoins that are capable of tens to hundreds of percent in one day.
But look at the long term what percentage increase in bitcoin. This proves that bitcoin is more stable than altcoins. All altcoins are also based on the bitcoin price because all altcoins use BTC pairs.
Long-term investment in bitcoin will be more profitable, but it should be noted, that Bitcoin or altcoins both have a volatile price.
But look at the long term what percentage increase in bitcoin. This proves that bitcoin is more stable than altcoins. All altcoins are also based on the bitcoin price because all altcoins use BTC pairs.
Long-term investment in bitcoin will be more profitable, but it should be noted, that Bitcoin or altcoins both have a volatile price.
With some coins going up 50% or even l00% in a day or few days or in a week... any reason why bitcoin doesn't do that almost ever? Look at binance coin and many of those other coins that are literally doubling in a week. Now the btc dominance is going so low. And even when btc goes up... you don't ever see it going up that much percent in a week. I mean... its rare to see bitcoin say go up 50% in a week yet tons of altcoins do it.
Well it’s not like we all don’t know that Bitcoin is able to hit that high and keep going. But things have changed this time around, Bitcoin is not like it used to be in the past years when it would go up by over 50% in a few days and also crash by 50% in a few days. That was when the market cap was very small and back then it can easily be manipulated by people, but things have changed this time around and you can’t manipulate the market so easily this time around.The market is strong now and has a huge market cap, so it doesn’t fluctuate that much any longer. I don’t really see anything bad with that, if you can invest and have patience there are still times that it is going to reach that high. Just have patience.
A very good question and I really like it. This was my question when I first entered the crypto market. I've been through value rallies and I'm very aware of Bitcoin's price rise.
The capitalization and volume of Bitcoin are huge, so for Bitcoin x2 worth in a week or a day, it takes a huge amount of money to maintain the value, to do that will take hundreds of billions of dollars. Obviously, such Bitcoin pumping wouldn't have been possible without some extremely good news accompanying it.
Altcoins have a lower capitalization and volume, so depending on the capitalization and volume, it is easy or difficult to pump money to make it increase in price. If we look at altcoins with a market cap of $1-100 million, their volatility is much greater than that of altcoins with a capitalization of over $1 billion.
The capitalization and volume of Bitcoin are huge, so for Bitcoin x2 worth in a week or a day, it takes a huge amount of money to maintain the value, to do that will take hundreds of billions of dollars. Obviously, such Bitcoin pumping wouldn't have been possible without some extremely good news accompanying it.
Altcoins have a lower capitalization and volume, so depending on the capitalization and volume, it is easy or difficult to pump money to make it increase in price. If we look at altcoins with a market cap of $1-100 million, their volatility is much greater than that of altcoins with a capitalization of over $1 billion.
Bitcoin has a high market value, while other altcoins have a low value. A few percent increase in Bitcoin requires huge amounts of hundreds of millions of dollars or billions of dollars. But for altcoins, just a few million dollars or tens of millions of dollars makes altcoins grow by a few percent.
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