Altcoins not always follow bitcoins path .
true that most of the time it does follow, but when BTC is stable some altcoins tend to thrive.
Also we have seen situations when BTC is going down and some alts are going up.
Topic: Are there any altcoins that are independent to Bitcoin? - page 3. (Read 520 times)
the price of the cryptocurrency market is formed on the basis of bitcoin prices and there is already a direct dependence on bitcoin and this has not yet gone away. until there is a coin that will be able to replace the market and will start from the current price of bitcoin
No there's none.All altcoin is dependent on bitcoin whatever the bitcoin price movement it will affect all the altcoins.Bitcoin has a global acceptance that some altcoin has none that's why if you trade you need BTC to able to convert your coin to fiat.
I think all cryptos depend on bitcoin price, as it is market leader. There is no possibility to avoid it.
It is difficult to conclude because both could happen. If you are an observant, you may notice that just recently, there were months where Ethereum remained around $1000+ amidst bitcoin's drastic and continuous crash. It lasted for a few months. That could justify your statement there, that there is an altcoin, at least one, that is sometimes not influenced by changes in bitcoin price. But it is difficult to really pinpoint because the elevation of Eth also started during bitcoin's elevation.
From a theoritical point of view - yes,But none really knows if its try what devs are trying to explain.For example we all know coins which are connected with real money or real goods,oil,Gas and others,But I don't know what are the basic economic indicators of its structure,Which are very hard to define fundamental aspects of them...Its very interesting question and complex issue,which I think needs special knowledge and economists to answer,Its not enaugh to talk about cryptomarket psychology,therefore its so hard to understand in concrete situation what is the real value of X coin because of speculative behaviours of investors.Anyway I was trying to harvest more relevant information about this issue but in vain.
I don't think there is any altcoin that is fully independent from Bitcoin. Even Ethereum price is somehow affected by Bitcoin. But if many exchanges start to provide altcoin to fiat pair. And not altcoin + bitcoin pair. I think altcoin will be more independent.
All altcoins that appear in the market crypto always pair with USD, BTC, or ETH. It is also due to the altcoin user's demand that it is difficult for an altcoin to be unaffected by bitcoin price movements especially when viewed from popularis so bitcoin is much more popular than altcoin unless altcoin appears really out of btc pair and has a market own.
When I see the market I found out that when bitcoin price down some altcoins will also down because I think they rely on bitcoin and I never seen altcoins that is independent one to bitcoin.
I am wondering if there are coins that are independent to the Bitcoin price? Like, if Bitcoin's value increases, the altcoin will not increase at the same time Bitcoin does. Or maybe, I am wrong that the price of Bitcoin doesn't have any effect to the value of altcoins? Please enlighten me with this topic. If there's any coins that are independent, what are the benefits that you can get in investing to that altcoin that you can't get in investing in Bitcoin?
I had been looking for the same answer when I wanted to make investment few months ago. As it turns out, there is hardly any coin which is not dependent on the price of Bitcoin (at least I couldn't find any such coin). Whenever the market falls, everything turns red, and vice versa. Although there was one such coin which didn't turn red even when everything else was falling - TRX. But that was mostly because it was being pumped during that phase.
I think all coins are affected by news related to bitcoins and with decrease in prices of bitcoins, price of these coins also falls. However, with coins like monero that got demand in specific groups, you can see different behavior.
Their large many. I think that they depend only because the holders of other altcoins keep their capital in bitcoins in the future for enrichment.
Altcoins are really dependent to bitcoin but I also think that altcoins have potential to surpass the value of bitcoin if more people are going to patronize altcoins more. It is not always true that altcoins are always dependent of the bitcoin price.
I am wondering if there are coins that are independent to the Bitcoin price? Like, if Bitcoin's value increases, the altcoin will not increase at the same time Bitcoin does. Or maybe, I am wrong that the price of Bitcoin doesn't have any effect to the value of altcoins? Please enlighten me with this topic. If there's any coins that are independent, what are the benefits that you can get in investing to that altcoin that you can't get in investing in Bitcoin?
IMHO most of top 100 (I mean coinmarketcap.com) altcoins to some extent depends on the bitcoin price (especially ETH).
But there is a huge amount of shitoins and new alts. For a while they really "live" independently.
I heard stable coins are independent of BTC. I am still not convinced they really are.
I am wondering if there are coins that are independent to the Bitcoin price? Like, if Bitcoin's value increases, the altcoin will not increase at the same time Bitcoin does. Or maybe, I am wrong that the price of Bitcoin doesn't have any effect to the value of altcoins? Please enlighten me with this topic. If there's any coins that are independent, what are the benefits that you can get in investing to that altcoin that you can't get in investing in Bitcoin?
You are right that the price of Bitcoin can affect the price of altcoins. All altcoins are still dependent on Bitcoin's price because most altcoins in the market have no trading pair directly to usd or fiat, and even some altcoins have, only few exchanges lets you buy and sell altcoins using fiat directly. I think Ethereum is somewhat independent since there are numerous exchanges that have ETH/USD pair. What are the benefits? if a coin is independent to Bitcoin's price then the advantage is when Bitcoin price fall or crash, it will not get affected, meaning the price of other coins are dropping while the independent ones can possibly go up or no effect at all.I think exchangeability plays a role but the the main reason cryptocurrencies tend to rise and fall together is because they are one asset class. The same thing happen with the stock market. If you compare indexes you will see variability between them but the trends are in in the same direction.
I am wondering if there are coins that are independent to the Bitcoin price? Like, if Bitcoin's value increases, the altcoin will not increase at the same time Bitcoin does. Or maybe, I am wrong that the price of Bitcoin doesn't have any effect to the value of altcoins? Please enlighten me with this topic. If there's any coins that are independent, what are the benefits that you can get in investing to that altcoin that you can't get in investing in Bitcoin?
There are no coins like that. All of the cryptos were pegged to the bitcoin, and it can't avoid. Only the stable coin just like tether and many others don't get a lot of impacts or dominated by the bitcoin. Altcoin still pegged with the bitcoin and if altcoin still gets or use the bitcoin as the measurement to get the result on its price and then it will never be there.
I doubt that there are such, because part of the capitalization of altcoins is bitcoin, which respectively affects them.
I am wondering if there are coins that are independent to the Bitcoin price? Like, if Bitcoin's value increases, the altcoin will not increase at the same time Bitcoin does. Or maybe, I am wrong that the price of Bitcoin doesn't have any effect to the value of altcoins? Please enlighten me with this topic. If there's any coins that are independent, what are the benefits that you can get in investing to that altcoin that you can't get in investing in Bitcoin?
You are right that the price of Bitcoin can affect the price of altcoins. All altcoins are still dependent on Bitcoin's price because most altcoins in the market have no trading pair directly to usd or fiat, and even some altcoins have, only few exchanges lets you buy and sell altcoins using fiat directly. I think Ethereum is somewhat independent since there are numerous exchanges that have ETH/USD pair. What are the benefits? if a coin is independent to Bitcoin's price then the advantage is when Bitcoin price fall or crash, it will not get affected, meaning the price of other coins are dropping while the independent ones can possibly go up or no effect at all. 
I am wondering if there are coins that are independent to the Bitcoin price? Like, if Bitcoin's value increases, the altcoin will not increase at the same time Bitcoin does. Or maybe, I am wrong that the price of Bitcoin doesn't have any effect to the value of altcoins? Please enlighten me with this topic. If there's any coins that are independent, what are the benefits that you can get in investing to that altcoin that you can't get in investing in Bitcoin?
I have not found any altcoin independent of bitcoin. I see all the things affected by bitcoin. The past few months when bitcoin goes down. the whole thing altcoin down. Even ETH is affected by bitcoin. Jump to: