Topic: Will Bitcoin price will be stable or i have to use another Alt ? (Read 1959 times)

It will be stable when more people will start to use it, it is a "side" effect of the decentralization. At the moment the price is only a question of pure speculation ( I hope to see it stable one day , also 50 $ but stable).

100? I think that is a gross over-estimation

I would say, there are 20 to 30 actually interesting projects, perhaps even less. The rest of the altcoins are clones for the fast pump-and-dump and scams.

There are 100 "innovative" alt coins and another 500 stupid hype coins.

Of the 100 innovative coins ONE might survive and overtake Bitcoin. You will never be able to pick the one until it too late.

I have watched at least a dozen coins top 40 million dollars. All have tanked except LTC. Ripple valuation is a scam.

Pick your poison.

if you look at price change of altcoins you will find out that there is much much more change in altcoin price than in btc prices, also it depends if you want to USE bitcoin or just trade it since you are saying that you lost money!

Bitcoin, or any other freely floating coin, isn't likely to be stable for a long time to come. If adoption grows, they should theoretically stabilize due to increased overall volume, but even that is just a guess at this point.

As for Ripple, I'm not comfortable with the amount of counterparty risk you have to assume just to use it, due to the way it's essentially a system for exchanging IOUs.

i know an alt that rallies when btc drops and holds stable when btc rises ... it's clawing up bit by bit against btc and also USD... well there's at least two or three of these. I'm making good money right now with shorting btc and playing said alts. You shmogs will have to look yourself for said coins because you are all pigs and i will not tell you.

Bitcoin has maxed out already.It's going to go 100$-range this year - it even needs to fear ltc and doge now.

Another vote with the crowd here. I doubt you are going to find stability in any alt coin. The wild fluctuations in price are because no one has any control over BTC. Most of us see that as a good thing.  

Well, I think there mere nature of Bitcoin being a cryptocurrency is enough for it to be 'unique' in the financial world. We don't need fancy PoW, PoS or faster block times, or whatever. Bitcoin itself is the biggest brand, and it's advantages and it's current capabilities are enough to warrant its existence. In my opinion, improvements and new features should be introduced as side-chains.

Yep, and my guess is their slow ability to gain traction has been result of sitting in the shadow of the Bitcoin colossus, which has major market cap compared to them...

I would hope that if Bitcoin continues to slide then it doesn't spell the death of crypto, even if it just goes to sleep for a while, price wise.

A 'particularly cool alt' would effectively be a Bitcoin killer then. Even Litecoin is heavily tied to Bitcoin's price/USD. We've seen quite a number of promising altcoins or at least interesting ideas, yet they've all failed to gain real traction...

I agree that at the moment the majority of alts are very heavily influenced by the price of Bitcoin: either following Bitcoin or swinging against what Bitcoin is doing.

That doesn't mean that a particularly cool alt won't gain momentum and find its own market though.

Altcoins are mostly heavily tied to the price of Bitcoin/USD. That means: If Bitcoin continues to fluctuate (which it most likely will!) also Altcoins will fluctuate - at least in comparison to the USD or other FIAT currencies! I fear there's nothing you can do about that...

anshar, have a look at CoinMarketCap. It appears that some alts are in the red and some alts are in the green. This is the case almost every day. So all alts don't do the same thing.

As bitcoin price changes so does every other altcoin. Check the graphs they all do the same thing.

haha.. would you like to let us all know which alt is stable over time?  ohh you mean the ones with no volume.. yep they're all pretty stable at a few satoshis each.

word of advice:

don't buy into the bullshit of the bagholders. Bitcoin bagholders are just like altcoin bagholders exactly the same trying to talk up their investement. Bitcoin isn't better than any alt - in fact most alts are technically better and have better fundamentals than BTC. If you would launch BTC today in altcoin section nobody would buy it because it is really stoneage technology and heavily inflationary (no profit in it, miners dump it all down). Bitcoin is broken on the fundamental level and will not forever be #1 on the list. There are quite a few stable altcoins out there and they have a bright future and will make you more profit. Bitcoin is not looking good right now. There are these alts you are looking for. (I'm not naming any to avoid being called out for pumping this or that coin) The volatile coin will loose out to the more stable coin. Bitcoin isn't going to make a lot profit now. It maxed out already. There will be hefty gains in some altcoins this year. Bitcoin not so much - it is oversupply with 3600 new coins every day.

just remember: Bitcoin bagholders hype their coin extremely hard and lost many, many people money with it who bought into their hype. You need to think for yourself and also look at old threads, make own research and draw own conclusions. Don't believe a word from anyone. And do not buy promises on what will be later - not in btc and not in alts. Do never buy based on promises.

Elwar is a known Bitcoin pumper btw. He has been telling people to hold and buy all through the decline from 1000$ down and still doesn't change his attitude. That guy is full of shit. Avoid!

Some alts are legit, but thats tre most of the alts are just money making schemes.

^^^^Thanks, ParabellumLite. The troll posters on this board only serve to occasionally amuse me. Anyone with an interest in Bitcoin that extends further than to making money should have a look at the alts IMO, since advancing technology is important for crypto to survive. I don't think the blinkered attitude of "Bitcoin is the only one!" is a helpful thing.

You can't actually use alt coins. They are for purely giving money to the next guy that promotes his alt enough to get rich.

Bitcoin's volatility is entirely to do with its low market cap. As it rises, stability will increase. This is why we need more skilled speculators and traders, it is an opportunity IMO. Keyword is skilled. Noobs and gamblers are being eaten alive.

Don't buy alts. They are designed to suck in BTC.