Post
Topic
Board Bitcoin Discussion
Re: Why doesn't bitcoin go up higher percentages like altcoins?
by
TheGreatPython
on 27/05/2021, 15:32:59 UTC
With some coins going up 50% or even l00% in a day or few days or in a week... any reason why bitcoin doesn't do that almost ever?  Look at binance coin and many of those other coins that are literally doubling in a week.  Now the btc dominance is going so low.  And even when btc goes up... you don't ever see it going up that much percent in a week.  I mean... its rare to see bitcoin say go up 50% in a week yet tons of altcoins do it.
Well it’s not like we all don’t know that Bitcoin is able to hit that high and keep going. But things have changed this time around, Bitcoin is not like it used to be in the past years when it would go up by over 50% in a few days and also crash by 50% in a few days. That was when the market cap was very small and back then it can easily be manipulated by people, but things have changed this time around and you can’t manipulate the market so easily this time around.

The market is strong now and has a huge market cap, so it doesn’t fluctuate that much any longer. I don’t really see anything bad with that, if you can invest and have patience there are still times that it is going to reach that high. Just have patience.