Perhaps to some extent this is true, however, I believe that the prices of cryptocurrencies do not depend on the price of bitcoin.
People have different opinions about the market same movement in which there are two opinions; one says that Bitcoin’s price affect other coins the same while one says that it does not have any affect on other coin. But actually these two are wrong, neither Bitcoin has full affect on other coins nor no affect but it is actually little affect on other coins due to the same nature. 
Topic: Altcoin price based on bitcoin price? - page 2. (Read 3456 times)
Altcoins and Bitcoin both are different journals so we should not confuse the market value. Because all the coins are depends on supply and demand so it will raise or fall both the scenario is possible on unexpectedly in crypto market.
Follow the simple rules:1-Bitcoin Pump altcoin pump
2- Bitcoin Dump altcoin Dump
3-Bitcoin high pump, altcoin Dump
Altcoins and Bitcoin both are different journals so we should not confuse the market value. Because all the coins are depends on supply and demand so it will raise or fall both the scenario is possible on unexpectedly in crypto market.
Even though Bitcoin is the mother of all currencies and altcoin are depended on bitcoin movements, but i think this trend will be broken soon. When altcoins become more stronger they can themselves move up and down without the interfere of bitcoins.
There is no case now, altcoin prices have completely developed in a certain trend and now is the time to buy altcoin, they will succeed for us in the coming time.
To me they are deeply related and since BTC is a safe investment, you'll know the state of most altcoins by watching Bitcoin price. However some altcoins may have a part way but most of the time if Bitcoin goes up or down altcoins will follow.
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
certainly is. most altcoins are traded in pairs to the etherium, and the etherium is accordingly traded with bitcoin. Altcoins and Bitcoin both are different journals so we should not confuse the market value. Because all the coins are depends on supply and demand so it will raise or fall both the scenario is possible on unexpectedly in crypto market.
Check the marketcap of bitcoins verses all the altcoins. As long as bitcoin stay above 50% overall market cap, altcoins will also remain dependent on bitcoins. 
yes of course this altcoin price depends on the price of bitcoin because this bitcoin price has a very large influence from the price of the altcoin, when the price of bitcoin falls, many cryptocurrency falls because traders want to secure their assets.
I think yes, we can see Bitcoin all the times high last year and many altcoin was follow it, and on december last year the price of BTC started crash and also all altcoin also was dumped hard. This situation make hard to make consistent profit from crypto trading because all crypto bullish and bearish by the same times.
Altcoins and Bitcoin both are different journals so we should not confuse the market value. Because all the coins are depends on supply and demand so it will raise or fall both the scenario is possible on unexpectedly in crypto market.
I don't really agree with this statement. Altcoins are mostly dependent upon on bitcoins and we have seens that altcoins move with bitcoins. Once bitcoin has good raly, altcoins also shows same pump. 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 is the first and top cryptocurrency among other coins and is the father of other coins, and there is a possibility of influencing other coins including Altcoin.and the reality in the market situation if bitcoin prices go down or red, other coins will gradually go down and if there is another coin going up or green it will eventually adjust the value of bitcoin not only Altcoian but all coins.
and that's my judgment, even though the reality is not the same.
The price of altcoins depends on the price of bitcoin. However, the more popular is althoin, the less it is dependent on bitcoin.
Yes, the majority of the tokens' prices depend on BTC. However, I do not think that Ethereum and Bitcoin have so close connections. It seems they have two different lives.
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 most of the altcoins are based on bitcoins price because ethereum is tether to btc and that is the reason why the market prices are always highly affected every time the price of bitcoins is dropping in the market today.
Usually if the price of bitcoin rises, then the altcoins follow it, so it was last year and early 2018
I'm also surprised to use Bitcoin like coin which regulates all the development of the crypto currency which means we will always depend on Bitcoin which makes it like a dollar
Though both are quite different but unfortunatly for the altcoin lovers, yes there price only based on bitcoin, whenever btc goes up alts follow and their price goes up only because of the btc value.
Altcoins and Bitcoin both are different journals so we should not confuse the market value. Because all the coins are depends on supply and demand so it will raise or fall both the scenario is possible on unexpectedly in crypto market.
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 indeed, this pattern applies to many altcoins. However, there are also many altcoins that do not depend on the price of bitcoin. yes you are right the price and the altcoin movement depends on the price of the bitcoin because the altcoins will usually be made for one of the coin solutions that can be used to make shipments or are usually called arbit so that they take advantage of the price difference to find a lot of profit.
Yeah it is right. All Altcoin prices depends upon the price of bitcoin rather I can say that bitcoin and Altcoin price depends on each other. When one price increases other also increases and one decreases other also decreases. I don’t know the reason for this but I can say that bitcoin and Altcoin are cryptocurrencies and the trend of the people decides the prices for these coins. of course the price of bitcoin will have an influence on the price of the altcoin, but the big influence on the change in the price of the altcoin is the interest of investors towards the altcoin
It is because bitcoin is the leading currency and influence the crypto market. It means it’s the mother of Altcoin, so because when the price of bitcoin up and down, Altcoin also up and down. That’s why people mostly discuss the price of bitcoin and not any other crypto, because people now the relationship between bitcoin and Altcoin prices and they know the impact. Jump to: