Topic: Altcoin price chart. - page 2. (Read 519 times)
Very few altcoins have managed to decouple from price pairing with bitcoin. Only ripple has almost broken away but as bitcoin still controls the market ripple will eventually follow the trend
This is the usual thing in my opinion. If you look at the chart, of course everyone doesn't really understand. But for the price of course everyone will understand. We make it easy, if bitcoin experiences an increase, surely everyone thinks altcoin will follow it. And that really happens, if bitcoin increases in price the altcoin will certainly follow it.
I have same feeling with you . Looks like the history will repeat every time.
If bitcoin price repeat the history, the bull run will happen in last year of 2021.
If bitcoin price repeat the history, the bull run will happen in last year of 2021.
Do you see graph equations that are currently running. example: If we look at and also observe Bitcoin charts and other altcoins, to be honest you will see a lot of similarities. Namely up and down in rhythm. What do you think about this??
this is indeed the same graph, because we know if bitcoin still affects the altcoin price. so when bitcoin goes up altcoin will go up and when bitcoin goes down altcoin will go down. this has been proven for now. 
no there has never been any similarities between bitcoin charts and altcoin charts. the only vague similarity that you may sometimes find between the two is the fact that without any exception each time bitcoin has dropped, altcoins got dumped hard. for example if bitcoin dropped 30% then altcoins got dumped 50% and more.
the other times, like when bitcoin rises, don't have any similarities with altcoins. for example when bitcoin rises 30%, altcoins can rise 5% or can even get dumped 20% and both has happened in the past. in fact the dump part is one of the most common ones since people cash out from altcoins to go back in bitcoin.
there is one exception and that is during reversals. for example when bitcoin drops 30% (altcoins 50%) and then recovers 10%, altcoins in this only case can rise back up with bitcoin.
the other times, like when bitcoin rises, don't have any similarities with altcoins. for example when bitcoin rises 30%, altcoins can rise 5% or can even get dumped 20% and both has happened in the past. in fact the dump part is one of the most common ones since people cash out from altcoins to go back in bitcoin.
there is one exception and that is during reversals. for example when bitcoin drops 30% (altcoins 50%) and then recovers 10%, altcoins in this only case can rise back up with bitcoin.
This is nothing new. Every time bitcoin goes up, the majority of altcoins follow. Every time bitcoins goes down, the majority of alts go down too. Most altcoins follow bitcoin in their price movement. There are minor exceptions, for example when an altcoin is being pumped or dumped, or when some significant news appears which is specifically related to a certain altcoin. In such cases you will see discrepancies.
My understanding is the same as the above quoted message. This is the norm of Bitcoin and Altcoin price movement patterns if there aren’t any special events going on for specific coins.
Do you see graph equations that are currently running. example: If we look at and also observe Bitcoin charts and other altcoins, to be honest you will see a lot of similarities. Namely up and down in rhythm. What do you think about this??
Most all charts follow Fibonacci fib lines. Give them an overlay on the bitcoin chart and you will be very surprised with the mathematical areas that you see. Same with most stocks and coins. A lot of bots run on % gains and moving averages. This helps to create the patterns of over bough and over sold which show up in the RSI indicator and MACD indicator. 
The main reason for this similarity is that all altcoins are depend on Bitcoin. That is why 99% of the altcoins have no worth against USD, so Satoshi is required to measure prices and this causes the graph to be the same.
This is the current scenario. There was a time though that many altcoins moves up when bitcoin goes down. Perhaps if more alts will have more fiat pairings, we'll see a different chart.
There is nothing new about your observation, this as been happening since 2017 and will still continue to happen until we get another coin that can bring more value and trust than what bitcoin has brought to this community, that is only when we would be able to get a market which the price is not affected by bitcoin.
Once the price of bitcoin begins to dump, it is normal that altcoin prices will dump too.
Once the price of bitcoin begins to dump, it is normal that altcoin prices will dump too.
Do you see graph equations that are currently running. example: If we look at and also observe Bitcoin charts and other altcoins, to be honest you will see a lot of similarities. Namely up and down in rhythm. What do you think about this??
They said that it is the bart sympson market. Just like the head of bart sympson, the market is fluctuating tremendously up and down in a short span of time which the cause is unknown, I don't know why despite of the news about ethereum update, there is still nothing that is gaining. Still the market is not recovering.
This is very logical, because Bitcoin has a life of its own, that is, it has an established structure, which is subject of study, has its phases of accumulation, trend and distribution, the altcoins depend directly and indirectly on bitcoin, any altcoin can be in trend bullish, for any reason, but if the bitcoin goes down in price, the altcoin immediately falls, this is because they do not have their own life, that is why some altcoins in their graphics are similar to bitcoin.
Bitcoin's price is depend on other factors that can be manipulated easily,so the structure is a bit different than other altcoins. Some altcoins can't go away from being pump and dump, others are waiting for movement by top cryptos. 
Do you see graph equations that are currently running. example: If we look at and also observe Bitcoin charts and other altcoins, to be honest you will see a lot of similarities. Namely up and down in rhythm. What do you think about this??
That rithm is called a correlation between price and charts. Bitcoin's every movement affects to all cryptos and their values. Altcoins are depended on the price of eth and eth's price is usually depend on bitcoin price Do you see graph equations that are currently running. example: If we look at and also observe Bitcoin charts and other altcoins, to be honest you will see a lot of similarities. Namely up and down in rhythm. What do you think about this??
It's already happen since long, did you just notice it? All that happen is when Bitcoin moves, then most of the altcoin will surely following that movement, better it's up or down, cause bitcoin still act as the mother of all altcoins.
Depend how bitcoin price and how could growing up, without have higher price of bitcoin harder to get altcoin could be on higher price, many time we faced moment when bitcoin on higher price altcoin could be on higher price too.
In my opinion, all coins have the same graph, which is up and down, when the green market certainly increases when the red market will decline, it is volatile and all of these are reasonable conditions, do not worry about the current market conditions because it's all time will return to normal
Yes, altcoins chart are also the same with bitcoin.
They are following bitcoin's chart and move.
yeah definitely because that is what always happening right now especially when bitcoin makes a dump and pump in the market .Which is some specific altcoin is always following bitcoin movement immediatly ,even though the supplies came from different sources. Actually mostly ppl nowadays is very confused on this circumstance which is why this things always happen when BTC is suffering. They are following bitcoin's chart and move.
This is very logical, because Bitcoin has a life of its own, that is, it has an established structure, which is subject of study, has its phases of accumulation, trend and distribution, the altcoins depend directly and indirectly on bitcoin, any altcoin can be in trend bullish, for any reason, but if the bitcoin goes down in price, the altcoin immediately falls, this is because they do not have their own life, that is why some altcoins in their graphics are similar to bitcoin.
Majority of the tokens and altcoins depends on BTC as their base. Like when BTC is up the tokens and altcoins are up and when its low the tokens and altcoins also will be low.
That is why i always emphasise on the market volume it is one of the most important factor that drives the market and the prices and in the current slow market up and down in volume is what is driving the price up or down the market on its own seems confused at the moment.
The main reason for this similarity is that all altcoins are depend on Bitcoin. That is why 99% of the altcoins have no worth against USD, so Satoshi is required to measure prices and this causes the graph to be the same.
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