Topic: Altcoin price based on bitcoin price? - page 8. (Read 3456 times)
Btc is the father of all Crypto assets. The prices of all alt will forever depend on Bitcoin.
Yes, definitely altcoin price based on bitcoin price, the most of altcoins are traded for Bitcoin ALT/BTC which means you can buy or sell them using bitcoin if the Bitcoin price increase up you can usually observe the same move in regard to the other altcoin price.
Of course, very many coins depend on bitcoin, but there are coins with the product and technology and when all the coins fall they show growth
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 it is, those altcoins that is being released in the market today has a base price of ethereum which is tether to bitcoins and that is the reason why every coin in the market is affected when bitcoins is dumping.
As reality shows it is not always so. Currently BTC has a strong position, but alts don't do so. So rules of the market change with time.
That is right. The market for one coin is not always affected by the other coin and in my opinion, since the price of Bitcoin is on the rise in the current market right now, and is above the $8000 value, there are no big fluctuations in altcoin but eventually altcoin will catch-up with trend. This is because Bitcoin holds a large portion of the market and can affect the remaining coins in one way or the other.
In general, this trend is. But many coins grow by themselves, when bitcoin falls their price does not grow as fast or falls a little. I do not know about you, but I'm a little tired of this situation. I am waiting for new top crypto. And also hope than scam ICO will cease to hinder the development of real projects. Maybe Menlo.one will make it real.
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 man i am also seeing if bitcoin price falling down other altcoin price dropped. I dont know what is the exact reason for this. But i have huge hope on bitcoin other than altcoins. Bitcoin always king of cryptomarket.
Much depends on the trend, the market is always different. A lot of trading and noticing various combinations of growth and fall come to the conclusion what strategy to choose. The price of all tokens is largely dependent on ETH and altcoins from 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
yes that's right, most of the time when Bitcoin goes up majority of the altcoins in the market goes down only few of them that are potentials are
also rising their value like Ethereum, and more But when Bitcoin goes down most of the altcoins goes up in my observation in this industry.
As reality shows it is not always so. Currently BTC has a strong position, but alts don't do so. So rules of the market change with time.
yes you are right I think the altcoin price is according to the bitcoin price movement, when the bitcoin price rises then the altcoin price will also rise and when the bitcoin decreases then the altcoin price will also decrease.
Not really. As you see bitcoin price now are slowly increasing but the altcoin I have is not, I just notice that since I see my altcoin butbi didn't say all. Sometimes when bitcoin price increase altcoin will also follow but this is not always happen.
yes you are right I think the altcoin price is according to the bitcoin price movement, when the bitcoin price rises then the altcoin price will also rise and when the bitcoin decreases then the altcoin price will also decrease.
Bitcoin is the first and best currency, it has the greatest impact. Although Bitcoin and altcoins do not correlate directly, I think it is indirect. Whenever there is a fluctuation in the Bitcoin market, the altcoin immediately tends to follow. That means that when Bitcoin prices drop, prices for altcoins will tend to decrease and vice versa.
naturally, the altcoin price depends on the bitcoin price because bitcoin is the price that has become the benchmark for all existing cryptocurrencies, with bitcoin price movement can also determine the condition of altcoin that will occur.
Bitcoin is the king of Cryptocurrency and all information related to Bitcoin will also be related to altcoins. I think more and more good news to Bitcoin will increase market capitalization, which will help the market attract more new investors and the war in this market will become more attractive if people Have faith in this market
yes you are true altcoin price actually would not dare to be much different from bitcoin price aritinya altcoin price movement will be based on bitcoin price, if bitcoin rise then altcoin price will also rise whereas if bitcoin down then altcoin also will decrease. Naturally, the altcoin price depends on the bitcoin price because bitcoin is the price that has become the benchmark for all existing cryptocurrencies, with bitcoin price movement can also determine the condition of altcoin that will occur.
Bitcoin's price movement generally affects altcoin prices. Especally now increase of alts value is highly correlated with the increase of BTC.
If you look at the current price movement, then your opinion is very much blamed. The bitcoin price rises by itself is not accompanied by some altcoin. Bitcoin prices rise due to information about ETFs and make significant price increases. 
I think this topic is right for margin trading because when bitcoin falls, The price of altcoins is also falling so I think just following all price of altcoins in bitcoin price.
Yeah, and most times, a lot of traders these days make use of bitcoin to determine the possibility of movement of altcoins and simply use that as a means to trade the market to their advantage. Even when altcoins are so sold out, the only way they can get to pick up is when bitcoin hits a stage of uptrend from a downtrend with some pretty slow movement, in this way, altcoins usually get to move like dogs that ended up being unleashed after so many years.
Usually altcoins will find their own value only they are having any real life usage. ETH must be a good example here. Even bitcoin was falling it kept rising to touch $1200 levels regard less of what BTC was being valued.
I think this is true.
Whenever the bitcoin price goes down, it almost pulls the entire market down under it. So I think bitcoin has great influence on the price of the altcoin coin.
Whenever the bitcoin price goes down, it almost pulls the entire market down under it. So I think bitcoin has great influence on the price of the altcoin coin.
It is really not news anymore since the market generally is known to dance to the tune of the master bitcoin.
It has been like that for a very long time now and that to me, is simply because a lot of traders perceive altcoin as a way to just make some pretty good money from the market in the long run and nothing so serious at the end of it all when it comes to holding for long term, except few, which is what makes it easy for them to be used to increase their bitcoin and for the fact that we have most of them as btc pair anyway.
naturally, the altcoin price depends on the bitcoin price because bitcoin is the price that has become the benchmark for all existing cryptocurrencies, with bitcoin price movement can also determine the condition of altcoin that will occur.
as long as bitcoin still leading the cryptocurrency market, altcoin is only followed bitcoin and will adjust the price with bitcoin price. but I don't think that there is any altcoin that can give more benefits than bitcoin because right now, we still want to make a lot of bitcoin and altcoin is exist to help us to earn more bitcoin.
naturally, the altcoin price depends on the bitcoin price because bitcoin is the price that has become the benchmark for all existing cryptocurrencies, with bitcoin price movement can also determine the condition of altcoin that will occur.
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