Quote from: Kupid002 on February 02, 2020, 12:38:32 PM

Quote from: aliijaz12560 on February 02, 2020, 10:56:13 AM

It seems that the price of Altcoin has stopped in one place and is getting lower. If the price of Altcoin stays at that fixed point, then it is very difficult for the price of Altcoin to fall. If the price of Altcoin now becomes too high, then people will start buying more and more, which will cause the price of Altcoin to go up. Is that right?

there is something needed before you can see increase of the price altcoin . Big news that can affect its price or any other update than can help them to increase its price, then its need more investors addoption and follow the hype and it will continue to increase.

The price of some altcoins are aligned with the price movement of Bitcoin so maybe that is another factor to consider. The market value of Bitcoin is a bit stabilized at $9k mark and same thing happened with the price of ethereum and other altcoins.

Quote from: Shallow on February 24, 2020, 10:51:04 AM

Quote from: aliijaz12560 on February 02, 2020, 10:56:13 AM

It seems that the price of Altcoin has stopped in one place and is getting lower. If the price of Altcoin stays at that fixed point, then it is very difficult for the price of Altcoin to fall. If the price of Altcoin now becomes too high, then people will start buying more and more, which will cause the price of Altcoin to go up. Is that right?

Not all altcoins were or are in a fixed position, it is hardly even done as the price is a coin is dependent on the number of people buying as well as the the number of people selling. It's either it is going down or rising, any altcoin fixed on a certain price is a stablecoin and if it's not a stablecoin then it means something is wrong or the altcoin has been abandoned. Also, during bear market might maintain a certain range of price or dump as wel and once the market changes for good the price will increase; a good example is ETH.

Maybe, he is speaking in general. The market value of most cryptos including alts have decreased recently and is now at a certain point covered with green marks. But the prices are playing pump and dump in a certain price mark ; bitcoin for example at $9.6k mark.

Quote from: dongosquad on February 23, 2020, 11:53:28 PM

The price of cryptocurrency is entirely determined by demand and bid. Economic law applies here. If there are rumours or good news that support a project, it will increase market interest, and vice versa. In this case, BTC price movements also tend to influence. So this is still volatile

Bitcoin at this point has its advantages with regards to Bitcoin halving. There is an anticipation of an event believed to trigger an uprise to its market price. This anticipation is making huge expectation with regards to its price making Bitcoin more popular to the eyes of investors given that such anticipated event happened before and the result is promising.