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Topic: Altcoin price chart. - page 3. (Read 499 times)

jr. member
Activity: 238
Merit: 2
February 27, 2019, 01:51:14 PM
#7
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??
Whatever up and down movement you see in the graph is just a real time price of the coins at that time. Maybe you haven't really studied those graphs carefully to understand them.
jr. member
Activity: 294
Merit: 1
Files.fm - Store, Share and Sell Files
February 27, 2019, 01:38:17 PM
#6
Yes that is what is happening by now.

Before there is like a belief that whenever bitcoin is being dumped altcoins are going up and it is real. Traders sell their bitcoin for altcoin and vice versa. Bitcoin up altcoin down.
Now, it aint like that. With the amount of exchange to fiat currency growing and also with Tether in, everything changed just like that. An escape had been made and the price of it doesnt move. 1:1 to USD
That would be my reason to always hold bitcoin, because after all bitcoin is the key to all altcoins. So I think in the current conditions, everything is actually still and will look fine, even though the market is red. Bitcoin will still be number 1 and a choice for many people out there., Cool
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
February 27, 2019, 01:29:03 PM
#5
Yes, altcoins chart are also the same with bitcoin.
They are following bitcoin's chart and move.
jr. member
Activity: 294
Merit: 1
Files.fm - Store, Share and Sell Files
February 27, 2019, 01:27:19 PM
#4
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. 
It looks like your observations are very precise and similar in my analysis. That's the reason I observe the graph every day, so I think that under any circumstances bitcoin is the king of crypto. Thank you.
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
February 27, 2019, 01:21:58 PM
#3
Yes that is what is happening by now.

Before there is like a belief that whenever bitcoin is being dumped altcoins are going up and it is real. Traders sell their bitcoin for altcoin and vice versa. Bitcoin up altcoin down.
Now, it aint like that. With the amount of exchange to fiat currency growing and also with Tether in, everything changed just like that. An escape had been made and the price of it doesnt move. 1:1 to USD
member
Activity: 392
Merit: 66
February 27, 2019, 01:17:53 PM
#2
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. 
jr. member
Activity: 294
Merit: 1
Files.fm - Store, Share and Sell Files
February 27, 2019, 01:11:53 PM
#1
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??
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