Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: masterrex on May 15, 2019, 05:33:40 PM
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I was wondering according to the data shows we are already in transition from Bearish to Bullish period, But in some cases I dont understand why some altcoins are getting some boost, while other is not. Question is this a sign of artificial price pumping created by Whales or its just another unsustain momentum of the Market.
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Definitely some coin will increase in price maybe because the project has working product or good community.
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Some Altcoin are getting some Boost and others Not! May be it is due to the whales. But let the finger cross and hope really their is a bull run in the market.We can earn good profit in this year.
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This also proves that altcoins have a real #DevelopmentTeam to realize their Vision and Mission that can get Boost for Pump.
It is very different from the altcoins that have been abandoned by the #DevelopmentTeam , the price at Buy Order continues to 0.
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I was wondering according to the data shows we are already in transition from Bearish to Bullish period, But in some cases I dont understand why some altcoins are getting some boost, while other is not. Question is this a sign of artificial price pumping created by Whales or its just another unsustain momentum of the Market.
I cannot say whether the current increase in price is a real movement or not but what i assume is that those altcoins that are being pump most probably are those coins that are able to give the investors confidence that the coin will grow in value overtime.
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This is the real situation that occurs in the crypto market today. Not all altcoins are able to compensate or follow in the footsteps of other coins, namely experiencing price increases. This may be due to coins that have little volume, lack of investors, and slow progress.
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This level of trust from altcoins is not understood because investors are also still hesitant to choose altcoins if they know it will end with a SCAM.
I am sure that someday there will be altcoins who have a high level of trust.
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This shows the difference in capabilities and potentials of the various coins on the market. Not all the coins on the market can survive. It requires some factors necessary to keep the demand of the coin active. These factors may include a highly demanded product of the coin, high experienced level of the team behind the coin, strong and supportive community for the coin etc.
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Like you mentioned, it absolutely based on the projects used cases (ie good products) plus the extent of their respective community. A good project will alway actract large community and enhances demand; this what is playing out now on must altcoins on the market.
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To understand why some are getting a boost while others are not, take into consideration the project development/updates and, more importantly, the trust of the community. This is what separates the top coins from the rest. Take XRP or Tron for example, I personally do not like these projects but because they have a solid user base, they managed to stay on top and gets boosted from time to time.
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What I see is that the top 100 coins in Coinmarketcap have a high volume if Bitcoin is increasing in price.
Project developers always update information and make price increases because investors are interested in altcoin, there are altcoins that don't increase in price because their products are old and not developed by developers.
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In my personal opinion, it is only natural that only a few altcoins are able to achieve better and increased prices. This is because altcoins do have good volume trading in the market and investors who believe in the future of those altcoins. For altcoins that are not promising, it is certain that they may be degraded.
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I can say that the reason why some altcoins are getting more boost more than others is because people mostly move by first impression although trust and efficiency of the altcoins matters a lot to any crypto project if you are able to build trust in the heart of your investors these are major reason why some altcoins get more boost ahead of other altcoins in the crypto market.
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Some coins are increasing gradually, yes. Those are strong and potential coins in my opinion which people believe in. With time others will start coming up too, the market being down for a long time affected a lot of things, many people have to build their trust in Crypto back because people were discouraged and now being careful. Now a lot of people are still contemplating if its actually bull season before they dive in,once its confirmed, then all coins will start growing.
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I was wondering according to the data shows we are already in transition from Bearish to Bullish period, But in some cases I dont understand why some altcoins are getting some boost, while other is not. Question is this a sign of artificial price pumping created by Whales or its just another unsustain momentum of the Market.
Its quite simple actually. Some projects not progressing due to lack of development. Those who pump are moving forward cause there are much activity happening on their project. Set aside the whales cause they are probably also the reason of it. But dont expect a bull season using manipulations cause it will not help in the transition of it hence worse it. Im saying whales arent bad but they contributed as well in the market cap. many altcoins everyday die , why? Not all can sustain what needed to be done. Im actually happy that some are being removed and those who deserving project that can help in cryptomarket only must retain. Those copy cat platform should be thrown as they added on the trash in cryptospace.
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It depends on different factors, sometimes whales and BTC price can affect. But the most important thing for solid improvement of the coin is a good #DevelopmentTeam and reliable community.
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I think prices like this will continue very much in the future and the whales will start in the wake of their sleep, and I really believe that prices will soon rise in price.
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I don't think so we will see worst market again like in previous year. This year is quite good so far market is more than double from previous year. I won't say now market is still bearish. We can not expect all coins rise altogether some are rising now even some are dropping too. I would say we must remain patient hopefully other coins will also rise sooner or later.
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I am still not sure why that does happen. If we were in a bull market I could consider the upcoming events of those coins, which make them pump so hard. However right now it seems like there is only a FOMO buy and sell around. Some projects are about to die and I don't think that they will be back to our lives in the next bull.
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There is still time for developers to be able to increase the price of coins with the technology they have, Bitcoin is always the top choice for investors, when prices drop we can see all altcoin prices drop because altcoin is always paired with Bitcoin in crypto exchanges
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There is still time for developers to be able to increase the price of coins with the technology they have, Bitcoin is always the top choice for investors, when prices drop we can see all altcoin prices drop because altcoin is always paired with Bitcoin in crypto exchanges
We will just have to wait for that moment of time to commence mate, I know maybe it's hard this time but we should always consider the situation of the market. If others we'rent able to boost their alts, then there might be some internal issues happening that we should need to understand for now.
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it is another unsustain momentum of the market if i may borrow your words. if you check , you will discover that Bitcoin has covered already 40% of last years bear market. why altcoins like ethereum and bitcoin cash, ripple are yet to make any serious bull. we are still down on altcoins but high on bitcoin.
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Sometimes, few shitcoins may show huge pump. It is because the team make those pumps. They buy all low ordered tokens and try to sell by showing fake pump. Recently i have noticed a lot of pumps which behind the team have important roles.
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Sometimes, few shitcoins may show huge pump. It is because the team make those pumps. They buy all low ordered tokens and try to sell by showing fake pump. Recently i have noticed a lot of pumps which behind the team have important roles.
Yeah, it is a good marketing strategy for the TEAM to fake those, but sometimes they used this kind of things to do something bad, like scamming people that the project is now moving forward but in the other hand they are just deriving some information to so that their project can be recognize.
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No doubt, whales have great inputs as it relates to the direction of the market. Another important thing to note is the people behind the specific alt coin in question. When they are doing things right, then expect a positive market for the coin
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Related to this posting, yeah I agree. Some coins that have good prospects, product, and also team will have a promising boost in this era. But some are worthless enough. We can see their progress on the market or during their crowdfunding system,/
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I see this period as a transition period from the bear to bull market. The full bull is not here yet and so it is normal to see some altcoins still showing read or minimal rise. I think once we enter into a full bull run, all the altcoins will also join the train