Post
Topic
Board Speculation (Altcoins)
Re: only the price of Bitcoin is increasing?
by
Bitcoinjheta
on 15/06/2019, 20:51:26 UTC
as we see, the price of Bitcoin starts to grow and soon the price of Bitcoin will reach $ 6000 or even more than that, but what is happening now is the price of other cryptocurrency does not increase when the price of Bitcoin increases, because usually the price of other cryptocurrency will increase also when the price of Bitcoin increases, so what do you think is happening now? does the price of Bitcoin not affect for the price of other cryptocurrency again?

It could be that when you make this thread at that time the volume in the market is not much demand for altcoins, so it does not follow the prices of rising bitcoins, maybe this is because investors buy bitcoin so there is a lack of demand for altcoins and bitcoin temporarily rises first.

More people started to support Bitcoin and some information about useless altcoins started to appear. It could also affect the price of the cryptocurrencies. Bitcoin is in great demand while tokens are losing popularity.
I believe Bitcoin is the highest value of digital currency so in order to rise the value all kinds of coins out in market. It should be supported first the bitcoin in boosting investment whether in long term or short as long it used so that it will smoothly follow the altcoins to increase. The increase is usually base on kind of coin how really affect or demand.