Is price of the altcoin is based on price of the bitcoin?I have noticed the price of bitcoin falling down for past few days on same the price of altcoins are also falling down
Bitcoin price is very influential on the price of altcoin because when Bitcoin prices decreased then coins such as altcoin will also decrease investors worry immediately sell their coins on the market 
Topic: Altcoin price based on bitcoin price? - page 19. (Read 3456 times)
BTC is the pace setter, other coins tend to follow it's rise or fall.
Probably not all tokens / coins are based on bitcoin prices, while bitcoin down altcoin is another price rise
Is price of the altcoin is based on price of the bitcoin?I have noticed the price of bitcoin falling down for past few days on same the price of altcoins are also falling down
Sometimes I had seen this. I don't know,it had a relationship and all.But it look like that.At this red zone,we can able to convert bitcoin into altcion . Because it will cause some loss.Like this situation,I will just hold my bitcoin.
Is price of the altcoin is based on price of the bitcoin?I have noticed the price of bitcoin falling down for past few days on same the price of altcoins are also falling down
I do not know if bitcoin is directly related to altcoin, but bitcoin is always like a parent of altcoin, when bitcoin falls altcoin too always follow it. 
we realize or not, but altcoin price still based on bitcoin price and until now, if bitcoin move to the higher price, the altcoin will follow increase and if bitcoin goes down, the altcoin following too. but this is not happening with all of the altcoins because there are some of the coins that are not depends on bitcoin price or bitcoin movements and they will move with their own especially the coins that have a cheap price.
Is price of the altcoin is based on price of the bitcoin?I have noticed the price of bitcoin falling down for past few days on same the price of altcoins are also falling down
Should not be. But I also have seen that.
I am trying to monitor one altcoin and as I my history says it looks like what you have said.
Leaning with bitcoin. No stand alone price. How could that be.
I am guessing because of the exchange. If you look at CMC, you will see there are just three conversions. USD, BTC an ETH. It is like because of this converting thing that we see the altcoins getting more dumped.
But there are some which does not. So I guess it will be investor thing ot the day trade could be the culprit.
It is not totally true that altcoins prices are depended on bitcoin, though bitcoin price movement can have effect on altcoins direction but altcoins derived it own price base on value of the coins.
Is price of the altcoin is based on price of the bitcoin?I have noticed the price of bitcoin falling down for past few days on same the price of altcoins are also falling down
indeed in these last months bitcoin prices and all altcoin have a very sharp decline. but in my opinion bitcoin price down does not have the same effect altcoin price drop in bitcoin prices can be influenced as much or at least the investors. the price of bitcoin can be caused by less its investors and also because there are negative issues about bitcoin.
Bitcoin is the top coin that is being traded by most of crypto users, that's why the altcoins are depending on bitcoin's price. Its like you are knowing the price of a certain product from every country, and you'll get to know that the price is this from this country and this and this then you'll know the price that you should give it to yours.
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Most altcoins are priced on the BTC, so when Bitcoin changes, altcoin fluctuates. So when trading with each other with ALT / BTC pairs, investors should pay attention to the value of BTC.
The cost of BTC can only indirectly affect the cost of alcoins. Provided that the total capitalization does not change, and the investment will only flow into another crypto currency.
Is price of the altcoin is based on price of the bitcoin?I have noticed the price of bitcoin falling down for past few days on same the price of altcoins are also falling down
indeed in these last months bitcoin prices and all altcoin have a very sharp decline. but in my opinion bitcoin price down does not have the same effect altcoin price drop in bitcoin prices can be influenced as much or at least the investors. the price of bitcoin can be caused by less its investors and also because there are negative issues about bitcoin.just take the example in this way if you buy something or any product for $10 in USA and if the value of dollar in the global market goes down your product value in other countries goes down as well because you bought it in ($). Same principle for trading BTC is used to buy other coins and their value is depend upon the BTC all the time
right, i think bitcoin is the same as the dollar in cryptocurrency trade, where the two are the basis for the other coins, and dollar is also basis of other currencies. so i guess the two are the safest
just take the example in this way if you buy something or any product for $10 in USA and if the value of dollar in the global market goes down your product value in other countries goes down as well because you bought it in ($). Same principle for trading BTC is used to buy other coins and their value is depend upon the BTC all the time
Is price of the altcoin is based on price of the bitcoin?I have noticed the price of bitcoin falling down for past few days on same the price of altcoins are also falling down
This can be a proof that crypto currency market how much depends on the bitcoin's growth.The prices falling because most people will get panic while the bitcoin prices falls and also withdraw their money from altcoins too.But all the crypto currencies prices depends on its supply and demand only. 
Is price of the altcoin is based on price of the bitcoin?I have noticed the price of bitcoin falling down for past few days on same the price of altcoins are also falling down
Should not be. But I also have seen that.
I am trying to monitor one altcoin and as I my history says it looks like what you have said.
Leaning with bitcoin. No stand alone price. How could that be.
I am guessing because of the exchange. If you look at CMC, you will see there are just three conversions. USD, BTC an ETH. It is like because of this converting thing that we see the altcoins getting more dumped.
But there are some which does not. So I guess it will be investor thing ot the day trade could be the culprit.
Is price of the altcoin is based on price of the bitcoin?I have noticed the price of bitcoin falling down for past few days on same the price of altcoins are also falling down
Most of the alts are, Every major exchanges offers BTC pairs in each in every alts out there. Whenever BTC falls the alts follow and the worst case scenario is when BTC gets back to green alts do but in a slowly and irritating one. I only buy alts when it is in hype for trading and sell out when it has no more upcoming events.
Most of the investments and funding done into alts are through BTC 
(and LTC and ETH- but these got their first funding through BTC again)
But i predict when some alts get their fundamentals so steady they gain their independence and won't correlate with BTC so much anymore. And they independently start to fluctuate other alts
(and LTC and ETH- but these got their first funding through BTC again)But i predict when some alts get their fundamentals so steady they gain their independence and won't correlate with BTC so much anymore. And they independently start to fluctuate other alts
Yes, if bitcoin falling down then altcoin follow the bitcoin step to go down. But, it is not for all altcoin. Most of altcoin can be impactful with bitcoin price.
And if bitcoin going up, it's the same situation for altcoin that will be falling down.
Altcoin price has own promotion while Bitcoin has its own promotion but as we know that both are cryptocurrencies and are the composition of this modern market, so if these two fluctuates the other cryptocurrencies will fluctuates and will affect each other. And if bitcoin going up, it's the same situation for altcoin that will be falling down.
In order to remove these affects Bitcoin and other coins are trying hard to remove all these affects. Change in Bitcoin does affect the Altcoin up to great extent but the market thinks the same about other cryptocurrencies if one is with some problem.
Is price of the altcoin is based on price of the bitcoin?I have noticed the price of bitcoin falling down for past few days on same the price of altcoins are also falling down
Yes, the altcoins price is really depends on the market movement of bitcoins once price of bitcoin fluctuate other coins will also follow.
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