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Author Topic: why is that bitcoin is rising altcoins fallen?  (Read 6579 times)

Offline Face2Face

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Re: why is that bitcoin is rising altcoins fallen?
« Reply #15 on: June 26, 2019, 12:47:24 PM »
it's a kind of balance between coins.
But still it's unfair as I see.
For me it's too late to buy BTC.
Too expensive.
Hope altcoins will survive.

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Re: why is that bitcoin is rising altcoins fallen?
« Reply #15 on: June 26, 2019, 12:47:24 PM »

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Re: why is that bitcoin is rising altcoins fallen?
« Reply #16 on: June 26, 2019, 12:54:07 PM »
The most probable cause was the Altcoin holders are selling their assets for Bitcoin so that they could be on board with this fast rising market of Bitcoin. Expect more dominance of Bitcoin in the coming days if this will continue as its looks like Bitcoin market is fast moving with real demands.

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Re: why is that bitcoin is rising altcoins fallen?
« Reply #17 on: June 26, 2019, 02:40:36 PM »
Really good qurestion.
I think only those who from the very beginning in crypto field can answer.
I would like to know expert opinion and explanation.

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Re: why is that bitcoin is rising altcoins fallen?
« Reply #18 on: June 26, 2019, 03:35:41 PM »
I have been wondering why bitcoin is rising with speed at this time but at the same time altcoins market is fallen please what do you expect, how do you measure it because I was expecting that altcoins always rise when bitcoin is increasing in value. But do you think there's going to be any altcoins bull run as bitcoin has increased above $10k, if yes what are the possibilities that the bull run will continue if bitcoin also continuous to rise.

I think,  I am not agree with your opinion.  For now I see bitcoin at $12.8 k and ethereum price at $ 346. I see the altcoins price is going  up now.
You should see at top 10, because I think  they are very potential  coin. 
Thats my opinion.
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Re: why is that bitcoin is rising altcoins fallen?
« Reply #20 on: June 26, 2019, 05:21:02 PM »
Just like what the other people here said it's like balancing the prices. If the altcoins can't follow the bitcoin price then they will really going to fall a little of their price that will much on their current btc price. For example: Eth price is current equivalent to 0.02 btc and if the price from 9k goes to 10k then the price will fall if it will not going to follow it.
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Re: why is that bitcoin is rising altcoins fallen?
« Reply #21 on: June 26, 2019, 05:39:57 PM »
In my understanding, I think many are buying into bitcoin more. Or should I say that they selling off their altcoins to buy into bitcoin. Soon altcoins will pick up the pace

You are very correct here. Bitcoin ia actually the bone of all crypto from it's inceptions. Every altcoins are mosttly exhanged or paired with Bitcoin before converting to various fiats. Anybody selling most of these altcoins in the market may have to convert first to bitcoin before selling to fiats. This also might have given bitcoin a continuous rise.
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Re: why is that bitcoin is rising altcoins fallen?
« Reply #21 on: June 26, 2019, 05:39:57 PM »


Offline zilzylian

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Re: why is that bitcoin is rising altcoins fallen?
« Reply #22 on: June 26, 2019, 06:43:02 PM »
Bitcoin has always been a promising investment, but we can see altcoin prices slowly rising, Bitcoin and altcoin cannot be separated because the price always follows the movement of BTC, many large investors hold this coin, but the altcoin is the future. in the future, there is still a lot of time and it's a good start to have more altcoins that have a good chance of going up

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Re: why is that bitcoin is rising altcoins fallen?
« Reply #23 on: June 26, 2019, 09:39:31 PM »
for ETH I think that prices have started to increase,
which altcoin do you mean? and where does the altcoin want bull run?

I guess he talks about all altcoins in general.
Some altcoins have already started to increase, but they are not growing fast like Bitcoin. I think it because most people trade Bitcoin. People will come back to buy more altcoins again when the price of Bitcoin is quite stable.
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Re: why is that bitcoin is rising altcoins fallen?
« Reply #24 on: June 26, 2019, 10:16:41 PM »
I don't like this Bitcoin rally now. This is a temporary spike, that has risks for the cryptocurrency market. I stay away from Bitcoin right now.

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Re: why is that bitcoin is rising altcoins fallen?
« Reply #25 on: June 26, 2019, 10:57:56 PM »
I think some alt coins are catching up with this as evidenced by their current price. Its only a matter of time before the entire market will be green

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Re: why is that bitcoin is rising altcoins fallen?
« Reply #26 on: June 26, 2019, 11:39:18 PM »
Well, a number of factors can lead to this but I think this is due to the fact that people are converting their alts into btc and that is why alts are falling. However, I believe alts will join the bull run soon

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Re: why is that bitcoin is rising altcoins fallen?
« Reply #27 on: June 26, 2019, 11:43:32 PM »
It's likely been being the nature of altcoins. When the price of the Bitcoin keeps increasing, the altcoins will be fallen because many people prefer to sell their altcoins to buy BTC.
When the price of Bitcoin is fallen, the altcoin price is also fallen. And when the price of BTC is side away and stable, then, altcoins start following to increase..
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Re: why is that bitcoin is rising altcoins fallen?
« Reply #28 on: June 28, 2019, 12:29:51 AM »
it is true that the price of bitcoin is currently rising higher and reaching a price of 14k, and this is very good news even though the altcoin price has decreased, but I strongly believe that when bitcoin prices stabilize the altcoin price will follow price increases well , and we all really need to be patient.
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Re: why is that bitcoin is rising altcoins fallen?
« Reply #29 on: June 28, 2019, 06:00:19 PM »
I myself was surprised by that, and I have not been able to find a definite reason why this happened.  But if the analysis is when the price of bitcoin rises, then why does the price of Alltcoin go down?  because at that time, many traders sold their altcoins to buy Bitcoin.  So that the population increases and the demand for altcoin falls.

 

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