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Topic: Why doesn't bitcoin go up higher percentages like altcoins? - page 3. (Read 714 times)

full member
Activity: 896
Merit: 115
its simply because of the market cap. the higher the price the harder if becomes for the price to have significant price increase because you will need a large funds like exact of the market cap to double the price compare to a coin that has barely a million market. thats why bitcoins move is gradual. thats why people say you grow your bitcoin holding by trading altcoins and coverting your profits to bitcoin.
full member
Activity: 268
Merit: 100
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.




So have you ever asked the question why Bitcoin never increased its high percentage as the Altcoin but still invested by people? And it still belongs to the top that the currency has the highest value that everyone wants to hold. That's the problem! It is because Bitcoin values are too large compared to other currencies, so they cannot be in a day or 1 week but doubled. Moreover Bitcoin brings big profits that is what everyone wants.
legendary
Activity: 1974
Merit: 2124
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.




So basically you are asking that why altcoins grow 50-100% within few days whereas Bitcoin grow 10-12% comparitavely? Making comparison among Bitcoin and other altcoins in the market is not at all valid because of huge difference between them.

Bitcoin Price is trading above $55k at this time and market cap has already crossed $1 trillion and it's not at all easy to make huge retail investments in bitcoin due to high price range.The institutional investors and billionaires have deep pockets at this time to invest huge amounts in bitcoin which is the main reason for its slow growth.But still Bitcoin is top priority of investors in the market inspite of high transaction fees.

On the other hand all altcoins combined have market cap of $1 trillion and prices of altcoin like doge,Dot,ADA,ETH,LTC are much lower compared to btc and it is easy to invest huge funds in them and percentage growth in their value is usually higher.As it was the case with doge as people invested million dollars in Dogecoin because it was trading at $0.2 and they can afford to invest any amount in these coins.

So there are variation in Bitcoin and altcoin market which you need to understand properly and you will be have clarification of all your doubts.Bitcoin Will always remain king of cryptos.
full member
Activity: 453
Merit: 104
But bitcoin is always safer than altcoin in term of investment risk. My assumption is those altcoins which the prices are increase significantly are start to getting more mass adoption. I bought TRX few weeks ago when I tried to buy item in game, after knowing that this game is played by many people then probably they will always use this coin to buy item in that game and the result is the increasing price of it. So I bought more TRX as investment, and it works. I get profit more than 100% only in few weeks.
member
Activity: 714
Merit: 16
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.




Seriously I see no reason why you should be so bothered about this rise in altcoin with the rate at which we saw bitcoin rise last year till this year, the rate is quite alarming and pleasing to see it rise to that level. Or maybe you are late to the club the rate at which you see those coin rise will be the same rate you will see it dropped and you will be amazed.
full member
Activity: 902
Merit: 101
BTC had his high percentages long ago. Now it's too big and popular for it. And it has really high fees and it's getteing used more and more by rich people and less by regular folks.
member
Activity: 238
Merit: 10
Because the market cap and token supply of Bitcoin is very high so Bitcoin need double market cap for price doubling in a week.
copper member
Activity: 2968
Merit: 575
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Because it's not easy to "pump" the price of bitcoin like you can with altcoins. Look at the trade volume of altcoins. They are low. Low volume means, it can be easily pumped (also manipulated). But bitcoin has high trade volume. Hence, it is not as easy as you think. Too many buy and sell orders of the same volume getting completed almost instantly every second, hence making it difficult to pump it. If it pumps a lot in short term, someone will dump it to take the profit, keeping the % of increase low. Look at most of those shitty altcoins getting pumped 10x and then dumped instantly. It's a good thing bitcoin doesn't get pumped like this. Shows healthy sign of the market.
legendary
Activity: 3248
Merit: 1402
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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.
Altcoins you're talking about probably have low market capitalization. So it's way easier for them to be pumped and dumped, and thus they're more volatile. If Bitcoin goes up 50%, it means that there will be an additional $500 billion added to its market capitalization. This is just a crazy amount of money, so no wonder Bitcoin is way more stable. But Bitcoin did go up by 600% in one year, so I think it's still a very impressive performance. Altcoins can be better for fast profits, but it's also very easy to lose a lot with them. Bitcoin provides profits over a longer period of time, but the risks of its price going rapidly down are also lower than with altcoins.
sr. member
Activity: 756
Merit: 250
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?
Yea sure.



Why would you even compare that? Are you trying to forget Bitcoin is raising till this date since 4 months ago?
Almost 400% in last 4 months and you didn't even realize that if you think on long term. Many altcoins can't do the same stuff lik Bitcoin.

I know it's not by a day but it's still ridiculous to see people have such thought.

  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.
Probably your opinion just biased at this point. Bitcoin however is still going strong and whenever you want to trade there will be enough liquidity to ensure you trade it efficiently.

Cheesy That's a good graphic to prove your point! Bitcoin performs outstandingly well given the price that it is coming from. Nobody in the world would complain about 400% in 4 months.
hero member
Activity: 3178
Merit: 661
Live with peace and enjoy life!
That be a question but we are so thankful that Bitcoin is having like that. Its market cap could be a huge factor but is just like the demand is stabilizing which helps to maintain the growth gap and not like altcoins just shot up in one day and then it dumps drastically in the other day. I can imagine that people will suffer losses if that scenario will happen.

This is the reason why people, the majority choose Bitcoin out from altcoins as they are not worried so much that they will instantly lose their money for one day. They are not chasing about x50, x100 profit but they are securing the security of their fund and contented enough to make few dollars.
hero member
Activity: 2604
Merit: 816
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- Indeed, when bitcoin grows too fast as an altcoin for just a short time, the altcoin market will suffer a very strong blood draw to strengthen bitcoin as the value of bitcoin is probably the highest in the market, every percent of its price increase would require a huge amount of capitalization, a few percent will not be a problem but a few tens of percent will push the altcoin down drastically and it is difficult to recover due to the confidence that has been poured into bitcoin. The current bullish regime and system is to create balance and limit altcoin sacrifices, such development will be stable.
Like what we saw this moment when bitcoin price down a lot. That makes altcoin follow to go down, and some of the altcoin drops too deep. But this conditions will be temporary and it will be back to the high price and when it go back, I think bitcoin price will have a chance to increase so high, and the altcoin will have the next altcoin season. Maybe bitcoin now is decrease a lot without knowing when it will be back to the price before.
full member
Activity: 1848
Merit: 158
Bitcoin is traded in large volumes on a daily basis, so if someone buys or sells a large amount of Bitcoin, then the rest of the traders in the market will quickly equalize the value of Bitcoin. Also, Bitcoin is difficult to pump, as it takes billions of dollars, unlike some altcoins.

Yes, don't compare it with alts. Most alts have very low value as compared to bitcoin. Also, it is better for btc to have organic growth rather than pump it 100% or 200% in few days. Because we know, the drop is imminent in that case. Increasing the price of btc in the market for few percent will take a large amount of money, whereas, most alts will only take few thousands or millions of dollars to make a huge change in the market. Better if bitcoin is increasing its value with solid reasons and not just because of unfounded news in the market.
full member
Activity: 255
Merit: 100
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I’m wondering also about that. The fact that Bitcoin has already gained so much at price. But I think the computation of the percentage of gains is the same as the computation for altcoins. Maybe we need more volume to pump it higher.
member
Activity: 1358
Merit: 81
It is right! I've noticed it too, but attributed it to the momentum of bitcoin and the products these altcoins offer. If we look at Binance, CZ is developing a powerful product for the community, as well as being verifiable. In Binance you can do everything with your bitcoins and cryptocurrencies in addition to obtaining money in your local currency.
It is the reason that I think because his coin BNB his price has doubled of course I support him 100%.
copper member
Activity: 493
Merit: 170
BountyMarketCap
Bitcoin is traded in large volumes on a daily basis, so if someone buys or sells a large amount of Bitcoin, then the rest of the traders in the market will quickly equalize the value of Bitcoin. Also, Bitcoin is difficult to pump, as it takes billions of dollars, unlike some altcoins.
full member
Activity: 490
Merit: 101
FRX: Ferocious Alpha
If at the beginning the price was tied to at least some specific value in dollars for electricity for production, now, alas, we must admit that the factor of speculators works quite strongly. I am sure further dependence on traders will only grow and the one who will have a market share will influence it more strongly, as in all other markets. Decentralization will not help when one guy decides to sell everything one day - we may collapse. But this is just a guess.
hero member
Activity: 2814
Merit: 526
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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?
Yea sure.



Why would you even compare that? Are you trying to forget Bitcoin is raising till this date since 4 months ago?
Almost 400% in last 4 months and you didn't even realize that if you think on long term. Many altcoins can't do the same stuff lik Bitcoin.

I know it's not by a day but it's still ridiculous to see people have such thought.

  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.
Probably your opinion just biased at this point. Bitcoin however is still going strong and whenever you want to trade there will be enough liquidity to ensure you trade it efficiently.
newbie
Activity: 4
Merit: 0
Bitcoin de nasıl ne zaman en üst düzeylere çıkmalıyız
sr. member
Activity: 882
Merit: 403
This can easily be googled or be realized just by common sense. But yes, we have this forum why not make use of it to make things easier and let others research and analyze the things that I am too lazy to search or analyze for myself. Lol. Seriously though, one or twoposts like this is okay, just learn your lesson next time and search first before doing anything. There are times when people here bash other people just for this type of thing. Don't want others to experience things I don't want to experience myself so Im giving you this advice. Goodluck on your future endeavors.
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