Quote from: lixer on May 29, 2021, 02:43:40 PM

Quote from: jerry0 on April 16, 2021, 05:04:52 AM

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.

Yes, that is how it is supposed to be now. Bitcoin used to be like all those altcoins that you’re seeing, and going up more than 50% and 100% in a day, and that’s when it was still new and highly volatile. But, as it keeps growing, things starts to change. The more the market cap grows , the less volatile it becomes.

And the good thing about this is that anyone can hardly manipulate the price of Bitcoin, unlike other coins that can easily be pumped and dumped by whales. But for those people who are looking for 100% increase and more in a day, sorry you’re not going to be getting that.

Because Bitcoin is an old coin, the percentage increase is never as high as altcoins. As you have explained, Bitcoin was very volatile in the past,
but now since the price has been high, the movement of Bitcoin is much more stable. So if we want to get a big profit, most people prefer
a new project. But the risk is high too, because many are manipulated by whales. Therefore, a new project usually when the pump is high,
recovery takes a very long time. There are even some new projects that have become deadcoins, because after going up, they were dumped
and did not recover again.