Will Altcoin's Price Jump? - page 3.

WalkerIVIV

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Quote from: bitzizzix on January 27, 2020, 09:06:12 AM

In my opinion, the current movement of bitcoin affects altcoin and if bitcoin rises, altcoin will follow it and vice versa.
and although not all altcoins move up, but most follow the movements of bitcoin, and especially the top altcoins.

But the majority of altcoins are doing a small movement to follow bitcoin. The fact that if almost all of top 100 altcoins are following bitcoin. The trend is slowly getting changed as more people aware if anything must be pegged with bitcoin right now.

sisule

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I am waiting recovery with my assets in altcoin because more than my altcoin keep lower price right now and I keep holding with long time, I believe when halving of bitcoin can give impact how bitcoin back to higher price again after halving time, I keep hold my altcoin assets although ten years later.

Darooghe

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I am 30% in altcoins so I'm hoping they recover starting after the 3rd halvening. I think altcoins will rise again when Bitcoin reaches It's ATH and it's transaction capacity limits again. Now, People tend to jump on BTC while it's on the way up, then it's bubble pops that will just mean there is a ton of money in it that can be diversified into altcoins. The altcoin market is not done at all. there are a lot of smart people out there. When altcoins have dumped like a rock on the bitcoin ratio, smart ones will see this as a nice trading opportunity.

reza7777

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Many people assume that if the price of bitcoin goes up, then price of altcoin also goes up, but in the previous year all the best, price of bitcoin went up but price of altcoin went down, even popular altcoin experienced same thing. So bitcoin price increases will not necessarily make altcoin prices also rise

leetcoiner

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Quote from: ?? on ??

I think there is a big possibility this year for altcoin to rise again, but not all altcoins will suffer the same fate because only certain coins are able to survive and will have a fantastic exchange rate.

I think the alts market is going to go up in price this year, but not as much as we would like it to go up in price, but they're not so far from the bottom.

d3nz

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It will depends if the altcoin will be able to keep up with if BTC pumps up its value and also if it will happen the same last year of 2017 but i think it will not be the same again since a lot of investor are still waiting for the value of BTC to rise and surely they will accumulate more than altcoin.

And we just need a lot patience for the rise of the altcoin to happen but i think some of the top ranked alts will be able to keep but it also depend with the investor.

Pelunize12

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Quote from: aliriaz485 on January 26, 2020, 10:02:28 AM

If the price of the Altcoin goes up, then the Bitcoin value will go up. The reason is that when the price of Bitcoin goes up, the price of Altcoin goes up as well.
If people start buying Altcoin more than today, the price of Bitcoin will go up as well.
If the price of Bitcoin goes up by 2021, it will be a record.
Am I right?

Basically, Bitcoin affect in altcoin price. Altcoin is coin which follows Bitcoin, not vice versa
But you must understand that not ALL time is like that. sometimes, there is others scenario happened

read this to understand the correlation between them:
https://hackernoon.com/about-those-crypto-correlations-e68720707efe
https://research.binance.com/analysis/correlations-q3-2019

killerfrost

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No, the price of bitcoin does not depend on altcoins. The value of bitcoin is much higher than that of altcoins and the market dominance of bitcoin accounts for nearly 70%. So if the price of bitcoin goes up, so does the price of altcoin, but if the price of bitcoin goes down, the entire altcoin market will be red.

Sterbens

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Quote from: cryptoangel on January 27, 2020, 11:20:33 AM

Quote from: bitzizzix on January 27, 2020, 09:06:12 AM

In my opinion, the current movement of bitcoin affects altcoin and if bitcoin rises, altcoin will follow it and vice versa.
and although not all altcoins move up, but most follow the movements of bitcoin, and especially the top altcoins.

In crypto platform both Bitcoin and altcoins are available in the same region. Once it will going to moon automatically altcoins also going to moon, because investors are concentrate both the platform. I expect right now all the markets are green so top altcoins and Bitcoin is a good to invest now but any time it will move backward because BTC is a volatile cryptocurrency, those are believe the crypto it will never disappoint the investors.

Current prices continue to climb up bitcoin and altcoin has given a good picture and the top altcoin will be a choice with large volumes they will continue to follow the current market movements.
Investment like this will not disappoint investors, especially this year will be a good year for cryptocurrency.

cryptoangel

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Quote from: bitzizzix on January 27, 2020, 09:06:12 AM

In my opinion, the current movement of bitcoin affects altcoin and if bitcoin rises, altcoin will follow it and vice versa.
and although not all altcoins move up, but most follow the movements of bitcoin, and especially the top altcoins.

In crypto platform both Bitcoin and altcoins are available in the same region. Once it will going to moon automatically altcoins also going to moon, because investors are concentrate both the platform. I expect right now all the markets are green so top altcoins and Bitcoin is a good to invest now but any time it will move backward because BTC is a volatile cryptocurrency, those are believe the crypto it will never disappoint the investors.

Sendi blackspade team

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Quote from: julius caesar on January 27, 2020, 11:09:32 AM

The price of the altcoin will for surely gonna rise up if the value of the bitcoin will rise up also. Some of the altcoins price is dependent on the price of the bitcoin. Lets just wait for the bitcoin to rise up and altcoins price will for surely gonna follow. After the halving, bitcoin price will probably gonna rise up, altcoin might become affected by it because of this.

many people are waiting for the rising price of bitcoin. not only those who have altcoin waiting. but some altcoin holders sell their altcoins to own bitcoin. hopefully, bitcoin in the future has a good increase and can help altcoin also increase.

julius caesar

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The price of the altcoin will for surely gonna rise up if the value of the bitcoin will rise up also. Some of the altcoins price is dependent on the price of the bitcoin. Lets just wait for the bitcoin to rise up and altcoins price will for surely gonna follow. After the halving, bitcoin price will probably gonna rise up, altcoin might become affected by it because of this.

Golftech

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Quote from: bitzizzix on January 27, 2020, 09:06:12 AM

In my opinion, the current movement of bitcoin affects altcoin and if bitcoin rises, altcoin will follow it and vice versa.
and although not all altcoins move up, but most follow the movements of bitcoin, and especially the top altcoins.

Those alts that have real potentials mostly tailed bitcoin when it's being pumped, some investors uses alts for diverting their investments and bring
good rise for other cryptocurrencies. Though sorting out which projects are good for your investment and how to follow the correct pattern when
you are still inside this market is very important, doing deep research gives you a good hint to select which project to invest in.

wozzek23

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Quote from: thisnewcoin on January 27, 2020, 03:00:37 AM

No, you are not right. Bitcoin doesn't depend on altcoin price movements rather altcoin does! If the bull run comes to Bitcoin, then firstly altcoin value will down but after getting a certain high value of Bitcoin, the altcoin will have bull run too. But you are right that 2021 will be great for the crypto community and it may start from 2020!

It has actually already started. We saw bitcoins crossing $8000 after a long time and wasn't it the start of the bullish trend? People are now speculating bitcoins or any other altcoin more consciously and they might surely find huge growth in the price in few coming months.

Middle of the year has been proven to ring the bull runs as we expected in the mid 2017, so I think the same would be showed to us in the mid 2020. Bull runs show some movement before they acquire the markets and these movements makes people get their hands on bitcoins if they have altcoins in their portfolio because bitcoins are the ones to gain benefits at the first stage.

bitzizzix

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In my opinion, the current movement of bitcoin affects altcoin and if bitcoin rises, altcoin will follow it and vice versa.
and although not all altcoins move up, but most follow the movements of bitcoin, and especially the top altcoins.

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Quote from: Ratash on January 27, 2020, 07:25:29 AM

Now the altcoins are having issues and the rise in price is due to bitcoin rise if its in small % but if the altcoin jump x2 or higher that means that people are buying it and the altcoin price is going up faster than bitcoin growth.

What issue that was happening with altcoin? I see nothing happen with altcoin and this is just a usual movement from altcoin. Did you even watch the last week bullish trend when altcoin gets more percentage than bitcoin in the term of its bullish trend? The volatility that was happening on altcoin is very volatile compared with bitcoin and that makes people are doing fast pump and dump on altcoin also people are converting their altcoins to the bitcoin too. They expect to get the safe zone from bitcoin.

lienfaye

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Bitcoin has an influence to altcoins price therefore if the price of bitcoin goes up altcoins do follow but not all of them. Some alts remain at the bottom even the price of btc is showing some growth.

If the price of altcoins goes up, sometimes btc is not in the same status. Btc and and alts have different season but most of the time btc has an impact to majority of alts and following the trend.

Ratash

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Now the altcoins are having issues and the rise in price is due to bitcoin rise if its in small % but if the altcoin jump x2 or higher that means that people are buying it and the altcoin price is going up faster than bitcoin growth.

StephenieDuong

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You're right, but i think there wont much people can hold up to a year. I am sure that there are many period that bitcoin in bull run and altcoin must be dump hard. So buying altcoin at current point may not bring good result to investors.

key4co.in

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Quote from: aliriaz485 on January 26, 2020, 10:02:28 AM

If the price of the Altcoin goes up, then the Bitcoin value will go up. The reason is that when the price of Bitcoin goes up, the price of Altcoin goes up as well.
If people start buying Altcoin more than today, the price of Bitcoin will go up as well.
If the price of Bitcoin goes up by 2021, it will be a record.
Am I right?

This is not correct. How can you say if people start buying altcoins the price of bitcoin goes up as well 🤔 altcoins normally have an uptrend when Bitcoin price moves sideways. If people start buying altcoins, Bitcoin price doesn't go up as mentioned here.

Topic: Will Altcoin's Price Jump? - page 3. (Read 926 times)