Why altcoins not going up

Smaller altcoins are also feeling the pain. If you like tokens then you have to dig into the people behind them. Use provided information at your own risk. By using our site, you acknowledge that you have read and understand our Cookie Policy , Privacy Policy , and our Terms of Service. Related 2. Indeed, altcoins have been suffering, especially when trading against BTC. The bigger the community, the tighter the issuance and money supply, the better the investment.

A spanner in the works

Trading vet Peter Brandt doesn’t think that the upcoming Bitcoin halving will be immediately bullish for Bitcoin. One of the founders of Morgan Creek Digital, Jason Williams, reckons that Bitcoin miners will not switch off their goin since they have priced the halvening in. The biggest mining company expects the price of Bitcoin to rally because of it upcoming halvening event. The trader Willy Woo says that investor momentum is turning bullish and that the market is preparing for altcoims upcoming halvening in May. A top executive of Morgan Creek Digital reckons that the next Bitcoin halvening will hardly impact the price, but the community still hopes for a price surge. Altoins entrepreneur Alistair Milne fails to understand how the Bitcoin price could possibly not increase after the halvening event. Bitcoin IRA established itself as the first company that makes it possible for consumers to pad their retirement accounts with Bitcoin.

The mushrooming growth of the derivatives market will stifle Bitcoin’s price action after the next halvening. Her main argument is that the growth of crypto derivatives will prevent producers miners from setting the price of Bitcoin. Since BitMEX became a pioneer in the crypto derivatives market, the market has been getting more crowded. Christopher Giancarlo, a former chairman of the CFTC, revealed the launch of these futures was plotted by the US government to pop the great Bitcoin bubble. According to Demirors, price speculators will trade derivatives instead of the underlying asset. She predicts that Bitcoin will become another «backwater» like oil or gold whose prices are commanded by global speculation.

The mushrooming growth of the derivatives market will stifle Bitcoin’s price action after the next halvening. Her main argument is that the growth of crypto derivatives will prevent producers miners from setting the price of Bitcoin.

Since BitMEX became a pioneer in the crypto derivatives market, the market has been getting more crowded. Christopher Giancarlo, a former chairman of the CFTC, revealed the launch of these futures was plotted by the US government to pop the great Bitcoin bubble. According to Demirors, price speculators will trade derivatives instead of ul underlying asset. She predicts that Bitcoin will become another «backwater» like oil or gold whose prices are commanded by global speculation.

The upcoming halvening, which is expected to happen on May atlcoins,is the linchpin of all bullish narratives surrounding Bitcoin since goinb supply will be basically cut in half.

During its two previous halvening cycles, BTC managed to generate some amazing returns. This time around, many experts believe that BTC might not repeat the gokng of its two previous altcoinss. Alex Dovbnya aka AlexMorris is a cryptocurrency expert, trader and journalist with an extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption.

Alex authored more than 1, stories for Goig. Today, CryptoComes and other fintech media outlets. Ueli Maurer, the leader of the one altcojns the crypto-friendliest countries, thinks that Facebook’s Libra has no chance to succeed in its current form. Facebook’s Libra project continues to face scathing criticism more than six months after its announcement that happened on June However, the social media juggernaut doesn’t plan why altcoins not going up abandon the project despite immense pressure from politicians and regulators from around the globe.

This site uses cookies for different purposes. Please set your preferences in Cookie Settings and visit our Cookie policy for more information on how and why cookies are used on this site. Click here for cookie policy. By pressing the «Subscribe button» you agree with our Privacy Policy.

All crypto news. Sponsored by Celsius. Alex Dovbnya. Cover image via twitter. About the author Alex Dovbnya. Log in to leave comment:. Recommended articles. IQ MIning. Cover image via u. Click here for cookie policy Cookie settings Accept cookies.

Active 1 year, 5 months ago. If max supply is limited to a sensible number then the upside on adoption is much higher than. Step 3. Most Bitcoins are already issued and the If you like tokens then you have to dig into the people behind. So when good Bitcoin gets good news it effectively gains against these coins. All exchange traded crypto is bitcoin because they are why altcoins not going up exchange fungible, as such they will always have altcouns. Do you mind adding me on Telegram to exchange ideas? Coins are currency and tokens, such as ERC20 etc, tend to be securities based around groups of people doing stuff. Please share:. Use provided information at your own risk.