Topic: Will bitcoin eventually kill Altcoin? - page 5. (Read 5457 times)
I think the comparison should be Bitcoin to Dollar when the price of Bitcoin is less, note down the prices of altcoins. When it rises compare the same and note down the prices. You'll see that altcoin price has also increased.
Every time bitcoin price goes up,Altcoin price take a dip.No doubt bitcoin rule the crypto world and sooner or later it will become mainstream.
Once it happens, btc will be worth million dollar.Will then all Altcoin be died?Seems Altcoin price are inversely proportional to btc price, if btc keep rising, will Altcoin keep falling? .
I think its not. Even bitcoin price become to high still there are altcoin who will stay behind it. But its true that bitcoin was the one who has a high price compare to other altcoin. Not just because bitcoin price is rising it means that altcoin will fall. Once it happens, btc will be worth million dollar.Will then all Altcoin be died?Seems Altcoin price are inversely proportional to btc price, if btc keep rising, will Altcoin keep falling? .
There is an opposite relationship between bitcoin and altcoin, when people prefer to spend their money on bitoins, altcoin will weaken slightly automatically and all will be fine
This is not true, the opposite happens historically - when BTC goes up ALTS follow.
Yeah like just happen last weekend as bitcoin having dips as altcoin is. The exchanges had gone red and many are in panic mode. Every alt coin follows bitcoin fluctuations, if you're lucky enough to choose good altcoins that when bitcoin pumps as well as your coin.
Every time bitcoin price goes up,Altcoin price take a dip.No doubt bitcoin rule the crypto world and sooner or later it will become mainstream.
Once it happens, btc will be worth million dollar.Will then all Altcoin be died?Seems Altcoin price are inversely proportional to btc price, if btc keep rising, will Altcoin keep falling? .
Once it happens, btc will be worth million dollar.Will then all Altcoin be died?Seems Altcoin price are inversely proportional to btc price, if btc keep rising, will Altcoin keep falling? .
I don't think so, altcoin price action depend many things like supply, demand, news speculation and btc price itself. Altcoin will grow up follow bitcoin as their mother coins. But market has their own answer, as a trader or investor we only can predict. That's why we need stop loss and money management for safety. Altcoin will never died, never lose faith on that. Good luck.
I dont think actual fact is most of the coins not depend on each other like bitcoin . Every coins come of with particular solution like ether is the currency holding ethereum platform were able to create smart contracts for transacting token created need some ether (ETH) crypto currency so ethereum gains popularity .
This should tell you all you need to know
http://coinmarketcap.com/charts/#btc-percentage
Unless there's a monumental reversal, unlike the world has ever seen, bitcoin may eventually end up holding about 10-20% of the total crypto market. Still the No.1 currency but not as dominant as people are used to now. Give it 5 more years. But I don't believe that BTC will be above 50% dominance by the end of the year. Might even be sooner, maybe around September. Alts are growing too fast. Bitcoin is as well but just not as fast.
Correct bitcoin cannot grow as fast, even if it is the best coin out there, there are hundreds of coins created every year and some of them become very successful so it is impossible for bitcoin to retain the dominance that it had in the past. http://coinmarketcap.com/charts/#btc-percentage
Unless there's a monumental reversal, unlike the world has ever seen, bitcoin may eventually end up holding about 10-20% of the total crypto market. Still the No.1 currency but not as dominant as people are used to now. Give it 5 more years. But I don't believe that BTC will be above 50% dominance by the end of the year. Might even be sooner, maybe around September. Alts are growing too fast. Bitcoin is as well but just not as fast.
Bitcoin is taking the role of the reserve currency. There is the same situation on the classic currency market: USD is used as the reserve cryptocurrency in many countries, but that does not mean that it will necessarily kill all the other or most of the world's currencies or even need that to survive.
But in crypto market Bitcoin have role making the price of altcoin up or down, if you check again in June - July, you can see when the price of Bitcoin have fluctuations, the price of Altcoin always fluctuations too, mostly are falldown to real value
Every time bitcoin price goes up,Altcoin price take a dip.No doubt bitcoin rule the crypto world and sooner or later it will become mainstream.
Once it happens, btc will be worth million dollar.Will then all Altcoin be died?Seems Altcoin price are inversely proportional to btc price, if btc keep rising, will Altcoin keep falling? .
It is not a major indication that when bitcoin's price pump, altcoins price will drop all of a sudden. It just happen that various altcoin types also get along with the pump of bitcoin. Also, the opposite interaction between bitcoin and altcoin is the balance running on the market. It is not that when bitcoin pumps, altcoin must also pump. It must be a good indication to buy more altcoins because once you trade it for btc, you will have a great profit feedback. Bitcoin will not be a cause to the death of altcoin because it won't happen. Once it happens, btc will be worth million dollar.Will then all Altcoin be died?Seems Altcoin price are inversely proportional to btc price, if btc keep rising, will Altcoin keep falling? .
Value alts will stay,there is few of them,hype alts will appear disappear,virtual trash,same devs withv diffrent nicks
Every time bitcoin price goes up,Altcoin price take a dip.No doubt bitcoin rule the crypto world and sooner or later it will become mainstream.
Once it happens, btc will be worth million dollar.Will then all Altcoin be died?Seems Altcoin price are inversely proportional to btc price, if btc keep rising, will Altcoin keep falling? .
Not always and not for all of the altcoins. Some of them are incresing as well when bitcoin drops. But we must also think the other way around, one of the main thing that btc grows is that altcoins grow up Once it happens, btc will be worth million dollar.Will then all Altcoin be died?Seems Altcoin price are inversely proportional to btc price, if btc keep rising, will Altcoin keep falling? .
I don`t think that bitcoin will kill altcoins somehow
I don't see bitcoin killing altcoin because its what make the crypto currency interesting. If we have no Alts, then there is no need to trade which will then mean we there will be nothing to act as push or pull for the price of bitcoin. Aside that, I see enormous pressure if bitcoin is the only crypto currency which I doubt bitcoin will be able to handle couple with the new alts coming in every day as much as one is going down, several is taking over.
Altcoins are so easy to create. There's no reason people can't keep creating them. They will be around.
they also die equally easy as they are created lol, everytime bitcoin is dumped some altcoin die, because they are also dumped and if they coem with low volume they fade away because investors don't return anymore after the first big dump
Bitcoin is taking the role of the reserve currency. There is the same situation on the classic currency market: USD is used as the reserve cryptocurrency in many countries, but that does not mean that it will necessarily kill all the other or most of the world's currencies or even need that to survive.
But in crypto market Bitcoin have role making the price of altcoin up or down, if you check again in June - July, you can see when the price of Bitcoin have fluctuations, the price of Altcoin always fluctuations too, mostly are falldown to real value 
Every time bitcoin price goes up,Altcoin price take a dip.No doubt bitcoin rule the crypto world and sooner or later it will become mainstream.
Once it happens, btc will be worth million dollar.Will then all Altcoin be died?Seems Altcoin price are inversely proportional to btc price, if btc keep rising, will Altcoin keep falling? .
Once it happens, btc will be worth million dollar.Will then all Altcoin be died?Seems Altcoin price are inversely proportional to btc price, if btc keep rising, will Altcoin keep falling? .
I would say no, even bitcoin price goes up eventually the Altcoins will not go down thats because some of the altcoins out in the market are successful and won't hit bottom rock even if the bitcoin increases constantly, especially there are still investors that invested on legit Altcoins which still be organized and running. Still altcoins won't beat bitcoin in terms of price.
Bitcoin is taking the role of the reserve currency. There is the same situation on the classic currency market: USD is used as the reserve cryptocurrency in many countries, but that does not mean that it will necessarily kill all the other or most of the world's currencies or even need that to survive.
That's not true, Most of the time when bitcoin goes value up it affects altcoins to go down but it's just a little and altcoins will comeback to it's price after few days just remember when altcoins has a dump there's a good pump so don't be worry when bitcoin going up and affects your coins in your portfolio.
But choose a good coin to hold many of coins didn't affect by the bitcoins when it goes to pump.
All coins on the coinmarketcap toplist is good to invest and hold
But choose a good coin to hold many of coins didn't affect by the bitcoins when it goes to pump.
All coins on the coinmarketcap toplist is good to invest and hold
Altcoins are so easy to create. There's no reason people can't keep creating them. They will be around.
It is happening now because at this time most of the people does no know the actual worth of other altcoins that is why when bitcoin is on the move altcoins take a dump but when this crypto world understand the real worth of other crypto currencies also than I think market will be more stable things like this will not happen or will be less.
Altcoin price does not took a dip every time when bitcoin price goes up
I observe the main thing is the way how to bitcoin price go up if price of bitcoin make a pump for example the price pump up to 20% 30% etc. in one or two candles in an hour then the buyer feel hype and they sell altocoin and move to buy bitcoin and then price of altcoins goes down but if the bitcoin price grow smoothly for example 20% increase in 3 days or more while not a big decrease then altcoins have no effect.
I observe the main thing is the way how to bitcoin price go up if price of bitcoin make a pump for example the price pump up to 20% 30% etc. in one or two candles in an hour then the buyer feel hype and they sell altocoin and move to buy bitcoin and then price of altcoins goes down but if the bitcoin price grow smoothly for example 20% increase in 3 days or more while not a big decrease then altcoins have no effect.
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