Why is only Bitcoin on the rise but not Etherium and Litecoin?

ladyinredcoins2018

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Quote from: emmagloor on October 12, 2017, 11:36:52 PM

It's interesting how everything thinks Bitcoin is the thing that individuals are sitting tight for… NO. Bitcoin is hard forking with '2x' which is Segwit2x. There is no new authority name yet and practically all huge trades, wallet suppliers and retailers will acknowledge both and see which one ends up as the winner. That '2x' chain is what will profit on the grounds that conceivably it will be worth to such an extent if not more than BTC.

Bitcoin gold is simply one more altcoin that you can get for nothing as a reward however the esteem will be essentially lower and up to this point nobody has turned out and said they'll bolster it.

Bitcoin is soaring since it appears like the hard fork will come without issue in November and everybody needs to twofold their cash. Concerning Litecoin, it went up simply because of its nuclear swap capacities with BTC and '2x'.

Ethereum isn't going anyplace since it truly has nothing to do with Bitcoin now and all the cash is streaming out of altcoins and going into Bitcoin as of right now.

I think basically because bitcoin started it all (cryptocurrencies). Bitcoin is the original of it's kind. It is the most advance, safiest, highest market value, it is the most popular so therefore It is the best crypto-investment above all others.

xianbits

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Quote from: Clairvoyance on November 24, 2017, 07:58:51 PM

Quote from: emmagloor on October 12, 2017, 11:36:52 PM

It's interesting how everything thinks Bitcoin is the thing that individuals are sitting tight for… NO. Bitcoin is hard forking with '2x' which is Segwit2x. There is no new authority name yet and practically all huge trades, wallet suppliers and retailers will acknowledge both and see which one ends up as the winner. That '2x' chain is what will profit on the grounds that conceivably it will be worth to such an extent if not more than BTC.

Bitcoin gold is simply one more altcoin that you can get for nothing as a reward however the esteem will be essentially lower and up to this point nobody has turned out and said they'll bolster it.

Bitcoin is soaring since it appears like the hard fork will come without issue in November and everybody needs to twofold their cash. Concerning Litecoin, it went up simply because of its nuclear swap capacities with BTC and '2x'.

Ethereum isn't going anyplace since it truly has nothing to do with Bitcoin now and all the cash is streaming out of altcoins and going into Bitcoin as of right now.

Bitcoin and Ethereum is having a great leap in pricing. Ethereum has now breached the $400 mark while Bitcoin is now on $8000. However, Litecoin doesn't have movements this year unlike Dash which was adopted by a large company. Just wait and you will be amazed by the market in a few yeara

Ethereum, my latest favorite coin, has now reached 470$ and I think this will continue and will be more than 500$ in no time.
Ethereum has been sleeping for a while during which, bitcoin is in the moon. Litecoin has been maintaining its dollar value also when bitcoin's price was surprisingly increasing.
I guess it's 2 weeks now that bitcoin has stabled to 8000$ and up and making me think other people are now filling their bags up seeing ETH's & LTC's latest price.

manchester93

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Now that ETH exploded out of its range to new ATHs, this post is fun to revisit. Hell, even LTC is pumping now.

This looks like old school pump action to me: bitcoin sideways --> altcoin pump --> altcoin correction --> bitcoin pump. The money gets pumped back and forth between BTC and altcoins.

It's gonna be a fun month......

Sanu Simon

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The growth has got a wild spread around the entire digital currency network. Today the price of bitcoin has gone above $8250, ethereum has gone above $450. Can expect the same level of growth to continue as we're almost a month away from the year end as well just a week for the last month of the year which is supposed to provide a large scale growth.

Clairvoyance

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Quote from: emmagloor on October 12, 2017, 11:36:52 PM

It's interesting how everything thinks Bitcoin is the thing that individuals are sitting tight for… NO. Bitcoin is hard forking with '2x' which is Segwit2x. There is no new authority name yet and practically all huge trades, wallet suppliers and retailers will acknowledge both and see which one ends up as the winner. That '2x' chain is what will profit on the grounds that conceivably it will be worth to such an extent if not more than BTC.

Bitcoin gold is simply one more altcoin that you can get for nothing as a reward however the esteem will be essentially lower and up to this point nobody has turned out and said they'll bolster it.

Bitcoin is soaring since it appears like the hard fork will come without issue in November and everybody needs to twofold their cash. Concerning Litecoin, it went up simply because of its nuclear swap capacities with BTC and '2x'.

Ethereum isn't going anyplace since it truly has nothing to do with Bitcoin now and all the cash is streaming out of altcoins and going into Bitcoin as of right now.

Bitcoin and Ethereum is having a great leap in pricing. Ethereum has now breached the $400 mark while Bitcoin is now on $8000. However, Litecoin doesn't have movements this year unlike Dash which was adopted by a large company. Just wait and you will be amazed by the market in a few yeara

Yamifoud

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Quote from: wwzsocki on November 24, 2017, 05:36:25 PM

Quote from: dothebeats on October 13, 2017, 02:48:21 AM

I don't see enough reasons and incentives from the miners to start pumping these coins up. Real-world applications, bitcoin is the top dog; ETH and LTC are trailing behind. Not everyone utilizes these smart contracts and other fancy features. People just need to store value and send/receive it using a reliable method/coin/w.e. which is given by bitcoin already. Aside from that, everyone is departing the altcoin markets and pours the money to bitcoin to prepare for the bitcoin gold fork and 2x on November, so that could partly explain it as well.

People don't use smart contracts but this will change in future when more users get familiar with and start to use advanced features. So maybe not now but soon we will see ETH exploding.

Is just a matter of waiting and patience, because I believe that it will go that way. They have potentiality to earned profit just like with bitcoin. Though they are far from each other because of it's popularity in the market but I know there is a time for ethereum to shine and be recognized by more investors.

wwzsocki

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Quote from: dothebeats on October 13, 2017, 02:48:21 AM

I don't see enough reasons and incentives from the miners to start pumping these coins up. Real-world applications, bitcoin is the top dog; ETH and LTC are trailing behind. Not everyone utilizes these smart contracts and other fancy features. People just need to store value and send/receive it using a reliable method/coin/w.e. which is given by bitcoin already. Aside from that, everyone is departing the altcoin markets and pours the money to bitcoin to prepare for the bitcoin gold fork and 2x on November, so that could partly explain it as well.

People don't use smart contracts but this will change in future when more users get familiar with and start to use advanced features. So maybe not now but soon we will see ETH exploding.

dothebeats

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I don't see enough reasons and incentives from the miners to start pumping these coins up. Real-world applications, bitcoin is the top dog; ETH and LTC are trailing behind. Not everyone utilizes these smart contracts and other fancy features. People just need to store value and send/receive it using a reliable method/coin/w.e. which is given by bitcoin already. Aside from that, everyone is departing the altcoin markets and pours the money to bitcoin to prepare for the bitcoin gold fork and 2x on November, so that could partly explain it as well.

krauzzer02

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The father and the leading digital currency over the advance technology of the blockchain is Bitcoin, it is the most popular cryptocurrency throughout the world no doubt why it has a huge rise of price over the market this past years and months, Yes of course Litecoin and ETH have their own improvements but Bitcoin has it own league to begin with, the foundation and the improvement of the community drives the bitcoin to stay to the top over the altcoins.

serjent05

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One of the reason why Bitcoin is the only one to rise and not Etherium or Litecoin because they are separate projects. Bitcoin improvement or upgrades does not reflect with those two development. They have different developers and set of community. Aside from that, the higher Bitcoin become the lesser we have to pay on those two in BTC.

bubblebit

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Quote from: niisarearning on October 13, 2017, 02:17:10 AM

Because of bitcoin fork happening in october 25 people are converting all the altcoins into bitcoin so that they are in assumption of getting free bitcoin gold after fork. Still it’s not decided completely now people are buying or converting altcoin into bitcoin.

Well said. I do have the same assumption too.

The fork is one reason and amazon welcoming bitcoin is also.
This fork makes no bad effect to bitcoin and that is the reason many users invested more bitcoin and converting they’re hold altcoin into bitcoin for a more BitcoinG free. It makes sense as it was not like bitcoin cash that bitcoin price is not increasing this rapidly fast.

I got an information from a friend about amazon adaptation to bitcoin as an option that will be out after the fork. Is it true? Maybe or not? But we’ll see as it might be a huge impact if it will happen.

Patatas

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Quote from: emmagloor on October 12, 2017, 11:36:52 PM

It's interesting how everything thinks Bitcoin is the thing that individuals are sitting tight for… NO. Bitcoin is hard forking with '2x' which is Segwit2x. There is no new authority name yet and practically all huge trades, wallet suppliers and retailers will acknowledge both and see which one ends up as the winner. That '2x' chain is what will profit on the grounds that conceivably it will be worth to such an extent if not more than BTC.

On what grounds are we suppose to take that statement as a fact ? Just because you're concluding it ? Your opinion isn't any different from the rest.

Quote from: emmagloor on October 12, 2017, 11:36:52 PM

Bitcoin gold is simply one more altcoin that you can get for nothing as a reward however the esteem will be essentially lower and up to this point nobody has turned out and said they'll bolster it.

Bitcoin is soaring since it appears like the hard fork will come without issue in November and everybody needs to twofold their cash. Concerning Litecoin, it went up simply because of its nuclear swap capacities with BTC and '2x'.

- Biitcoin gold will end up just like BCH,trash.Free money for a while and then everyone goes back to bitcoin.
- Not really,there are lot of other reasons for Litecoin's success.I don't need to go into the technical details for now but I totally disagree.

Quote from: emmagloor on October 12, 2017, 11:36:52 PM

Ethereum isn't going anyplace since it truly has nothing to do with Bitcoin now and all the cash is streaming out of altcoins and going into Bitcoin as of right now.

So ? That is not ETH's fault.The market decides what prospers and what lives in the shades of black.

stolendata

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Quote from: xianbits on October 13, 2017, 12:07:07 AM

People are selling their altcoins like ethereum and litecoin so they could gather more bitcoin. More bitcoins, more free coins. I don't know if it's legit but as what I have read, only those with minimum of 1 btc will get the free forked coins.

Bitcoin is the main crypto currency, and most of the people are focusing on bitcoin. Some time when the bitcoin price remain as stable so they invest their bitcoin in other crypto currencies, but when they realize that the bitcoin price is going to increase, they try to sell all the altcoin they are holding and convert it into bitcoin. So that is the reason that when the bitcoin price is increasing the other altcoin prices do not move.

Herbert2020

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because of a very simple reason:
- bitcoin has real usage so it is adopted more and more every day
- altcoins like ether does not have any real usage so their adoption is capped to pump and dumps only.

right now ETH is in a bubble which needs bursting. it is still resisting it though. but it will have a very hard time rising more than this.
as for litecoin, it is still above 0.01BTC which it take as a good sign, this coin keeps its price up but there is not much reason for it to rise now. maybe in the near future when Lightning Network became more popular with its Atomic Swap LTC can be used everywhere.

niisarearning

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Because of bitcoin fork happening in october 25 people are converting all the altcoins into bitcoin so that they are in assumption of getting free bitcoin gold after fork. Still it’s not decided completely now people are buying or converting altcoin into bitcoin.

dark08

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Every time I check the price of bitcoin this day it’s continue to explode and now it reach 4800$ no doubt that many people have high believe in bitcoin potential but I see Ethereum price $314.84 increase 2.24% and litecoin $56.19 increase also into 10.19% according to coinmarketcap data chart I also have a high believe in this two altcoin soon we can see this coin pump and go to the moon.

Kakmakr

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Bitcoin Gold is the current hype and everyone is looking forward to getting some free coins. So I would rather sell some Alt coins and buy bitcoins now, to get in on some more free coins. I can always sell these Bitcoin Gold coins later and then buy back some Bitcoin or the Alt coins I have sold.

Bitcoin Gold also look much better than most of these other Alt coins. ^smile^

bitbollo

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I guess a lot of people sell their altcoins to gets btc for 25/Oct. With the 2 next hard fork a lot of people could earn btc just for having btc.
This can explain why a lot of people choose to exchange. In the past I remember before hard fork "BCH" there was an impressive dump of LTC :O after a couple of months, the price was again to the past level.

ManavKalyan

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Litecoin has risen over 10% is the past 24 hours... I think Bitcoin rise triggers all the other altcoins a positive push.

Ayush rana

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Bitcoin is rising but not other crypto currencies the possible reason for this can be:-
People are mostly investing on bitcoins which means the demand for bitcoin increases but on the other side. Due to limited bitcoins available in market and mostly peopleare holding bitcoins the supply is very less. In that case the value get increase.

Topic: Why is only Bitcoin on the rise but not Etherium and Litecoin? (Read 1002 times)