Topic: Why doesn't bitcoin go up higher percentages like altcoins? - page 5. (Read 714 times)
because bitcoin price ver high right now. Meanwhile, to make the percentage increase in price high, bitcoin transactions must be large. And this cannot be done by everyone.
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.
Your account created almost 4 years ago , you have gained 26 merits , and you actively posting in this forum for long time.Yet..
- You are still Noob for this thing
- You are still Stupid to accept or understand the fact.
Bitcoin value is more than 25x Higher to the second high ranking coin .. Can you imagine if the price of Bitcoin increases 50%? this will cost at least more than half of the total capitalization of the market, If bitcoin will take this path? for sure you will never see those Shitcoin increasing like what you are saying now.
This is an unrealistic expectation by far. It is very different for BTC to go up by 100% in comparison to some coin with a much smaller market cap. It requires a lot of money to push BTC another 100%.
Still saying that is possible though but just harder to achieve.
Still saying that is possible though but just harder to achieve.
You are one ungrateful son of a bitch don't you know that? Just look at the price of bitcoin of the past 2 years and say that shit again, if you want to get rich quickly then bitcoin is not the best place for you to invest in because you want to get the big money real fast. And you said that alts double in a day or week then why not invest in it?
That's why a lot of redemption goes to altcoins.You look at the DOGE chart and notice that the price rose 81% in one day:
This means dominating the market and increasing the volume of transactions, this is the essence of Altcoins. But why is Bitcoin always at the top of the digital currency table?
Because it has the largest volume of transactions and is the king of all digital currencies. Bitcoin may not double in a week, but it has grown from 7,000 to 60,000 in a year.
Still do not see bitcoin worthy of kingship?
This means dominating the market and increasing the volume of transactions, this is the essence of Altcoins. But why is Bitcoin always at the top of the digital currency table?
Because it has the largest volume of transactions and is the king of all digital currencies. Bitcoin may not double in a week, but it has grown from 7,000 to 60,000 in a year.
Still do not see bitcoin worthy of kingship?
It's way easier to pump the price of some altcoin,that has 1M USD daily trading volume,than pumping the price of Bitcoin Core,which has billions of dollars daily trading volume.
I don't understand why you should be complaining about this.If you want higher profits and higher volatility(higher risk),just pick altcoins(the trusted ones,not the shitcoins).If you want stable profits and less risk,then pick Bitcoin.
I don't understand why you should be complaining about this.If you want higher profits and higher volatility(higher risk),just pick altcoins(the trusted ones,not the shitcoins).If you want stable profits and less risk,then pick Bitcoin.
The bitcoin market and the altcoin market are different segments, I think altcoins are easier to pump or dump at any time. and see usually the altcoins that are pumping quickly will easily dump. bitcoin is better to be able to pump slowly but consistently. and one more bitcoin for some people is used as an investment asset so many people hold bitcoin rather than altcoin
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, but don't cry.
That's simply because of the market cap, when Bitcon was worth much less it also had higher percentage changes. With $1T market cap it's much harder to move the price, and yet it's still the most profitable asset, more so than those shitcoins. You can play to get the movements of those shitcoins right in the short term but it's like playing roulette.
And I'm not worried about the market cap. Bitcoin loses market cap with respect to 10,000 shitcoins? LOL Let's compare one to one to see.
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.
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