why is bitcoin increase much more than altcoins?

Cutieh01

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Quote from: Anita1873 on March 03, 2018, 01:42:10 AM

Bitcoin is a king and it will always rise more then any coin. It is rising because it has more value then altcoins and public interest in it. Every crypto investor want bitcoin in its folio as a major portion of its investment.

Bitcoin increase much more than altcoin because it's been popular worldwide that Bitcoin were potentially profitable. Bitcoin has a higher market value compare to other cryptocurrencies and its attract more investor even it is volatile.

Bet9ja111

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Bitcoin increasing more than altcoin can be attributed to the popularity and stability bitcoin has already gain the crypto world. Bitcoin has acheived great acceptability globally

1NV3ST0NM3

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This isnt always true a lots of time you will see altcoins skyrocketing up each and everyday while btc moving up with its average pace. However yes sometimes it does happpens and The simple answer to your question is that Bitcoin has higher usage. People investing in Bitcoin are more than that investing in Altcoins. Altcoins are relatively newer than Bitcoin therefore Bitcoin has great faith of investors. People demanding Bitcoin are more so its price rises more than Altcoins. Moreover, bitcoin is the index of the whole market so if you think crypto market could go up without btc going up its impossible.

Arcoin1

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Fitrilalala

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Quote from: guneytasyurek on March 01, 2018, 11:10:22 PM

Guys
I just wanted to discuss topic about the price after crash . Before crash bitcoin dominance was 34 percent but now 40 percent . I was thinking as long as bitcoin increase altcoins will rise up as well however it doesnt happened exactly ,when bitcoin falls altcoin falls down moreand more but in opposite doesn't increase as much as bitcoin.

Its because people more love to keep bitcoin than altcoin because the price of bitcoin more stable than the others altcoin.and as we know bitcoin could using as a tool of payment in some country and many online shop. Thats why people feel more comfortable to keep bitcoin than altcoin. The fact is when bitcoin rise not many altcoin rise but when bitcoin dip down every altcoin follow the dip thats what happening.

Anita1873

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Bitcoin is a king and it will always rise more then any coin. It is rising because it has more value then altcoins and public interest in it. Every crypto investor want bitcoin in its folio as a major portion of its investment.

Lala Sravan

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Bitcoin is like father of Alternatice coins, so increase or decrease will strat with Bitcoin.

khongbietgi

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BTC is the most stable cryptocurrency. And investors are only interested in profits. So they will sell alcoin to buy bitcoin

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Quote from: guneytasyurek on March 01, 2018, 11:10:22 PM

Guys
I just wanted to discuss topic about the price after crash . Before crash bitcoin dominance was 34 percent but now 40 percent . I was thinking as long as bitcoin increase altcoins will rise up as well however it doesnt happened exactly ,when bitcoin falls altcoin falls down moreand more but in opposite doesn't increase as much as bitcoin.

i think bitcoin more user than altcoins. so is make bitcoin high volume in the market and increase high price
bitcoin high transactions than altcoins
many investor invest in the bitcoin than altcoins

xen14

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cause it has more established

Haunebu

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Quote from: Herbert2020 on March 02, 2018, 02:21:45 AM

you are asking two different question without knowing it.
one is about bitcoin price rise and another is about what people call dominance by mistake.

regarding price rise you should know that bitcoin rises more and it is a solid rise because it has real usage. it is the biggest coin which has actual "currency usage in real world" and altcoins lack this important factor. and thanks to that bitcoin's adoption increases so its price increases more and has no permanent drops while altcoins get pumped and when they are dumped it is usually a permanent price loss.

regarding what they call "dominance" you should know that it is simply a false factor called market cap. and total market cap was mainly bloated thanks to creation of hundreds of altcoins and tokens in the past couple of months and also huge pumps of all coins specially big ones like ripple and ethereum which bloated the total marketcap and decreases the share of bitcoin. these 2 caused the drop to 40% or whatever % you saw and now that they both are going away the % is rising back up again.
in any case it has nothing to do with "dominance".

This makes sense and I agree with you partially. I agree that bitcoin value continues to rise in the long run as I expected thanks to its popularity and real world usage and will continue to rise thanks to new features like lightning network integration etc, but there are other altcoins that are quite popular and are being used actively in the real world like Ethereum, Ripple etc which goes to show that not all altcoins fall when bitcoin rises in the long run. This is the reason I feel that the popular altcoins like Ethereum etc will continue to surge in value in the long run no matter what.

Renu kapoor

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Bitcoin is stable coin and have a much more dominant market it has solid investors who are keen interested in bitcoins instead of other coins btc rise with its own strength and alt coins rise with the help of btc, and the mood of investors because these are supporting coins.

jacjuice

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The old saying goes... When bitcoin rises, alts fall. When bitcoin falls, alts fall hard. So when do alts rise???

I think when bitcoin rises and finishes making its move into a stable price range, that's when the alts follow. Thus, bitcoin needs to find its next stable price range and sit there for a while before we see a surge in alts again.

newuser20

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Because btc has the biggest volume on the market. And after the correction we see now bullish trend and this is great not only for btc and for many alt Cheesy

hibiscus

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The bitcoin increases much more than alt coins by volume because bitcoin is the first crypt o currency and its market capital and the daily traded volume is considerably high.The bitcoins volume of transactions per day comparing to other alt coins are high
and its capital investment comparing to the alt coins are also considerably high.The features of bitcoin and the alt coin are more or less same.Bitcoin has developed its market confidence and more and more people are attracting to bitcoin such as traders and investors

BettingTips

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One simple thing to note is that Bitcoin's rates are much higher than altcoins, so it's far more cost-effective than altcoins. Secondly, altcoins are highly dependent on Ethererum while Bitcoin rates are not dependent on any crypto, so the bitcoin rate increases, altcoins decrease, and vice versa. Altcoins rate is likely to drop if the Etherum rate decreases, while the Bitcoin rate will always increase because it has only a limit of 21 million coins if it is reduced, then it is only temporary.

Bren Briones

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I think the factor driving bitcoin to increase more than altcoin is the fact that it only have limited supply. The demmand is high but the supply is the same. So same volume of bitcoin circulates but more and more people are showing their interests and it gains more popularity.

Gabash

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Quote from: iLatios on March 02, 2018, 02:30:38 AM

As I see, Bitcoin is growing all the time. The price can be low or high, but finally it be profitable to hold it.
Other tokens may grow even faster than Bitcoin. But if its price falls down, altcoins struggle with it too.

... Yes that's true, bitcoin is growing faster than altcoin's value or the price, Because bitcoin is more stable and popular than some altcoins. Based on market cap bitcoin is always at the top level and the next are altcoins. In my own opinion altcoins are always basing the capacity of bitcoin because bitcoin is the foundation of all crypto.

xuan87

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Yes Bitcoin dominance is slowly coming back, last time people trying to look for profit with alt, so they sell their Bitcoin and buy alt, and that had caused the alt coins price to soar high, theoretically when you sell BTC to buy alt coins, the BTC price will go down and alt coin will go up

dedelp01

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Because bitcoin has a lot more investor than other Crypto, And I think it is more stable than others.

Topic: why is bitcoin increase much more than altcoins? (Read 176 times)