Topic: Are there any altcoins that are independent to Bitcoin? (Read 511 times)
There may be, but despite a number of naturally, there is also not much. However, if it is indeed found that Crypto as it will be difficult to know his movements because of unpredictable and different from the other crypto. Although the movement is free but does not guarantee it will be able to be great by itself.
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'm sure you will find not related coins to Bitcoin. When a new coin is listed the price is different from new investors buying and olds selling. Price has to go stable and it needs time. A project crashed will also have a different price because it means only bad to especial coin. But main all coins are related in way 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?
Yes the prices of Altcoins tend to follow Bitcoin. This is mostly due to Altcoin/Bitcoin pairing being traded. Every major exchange offers BTC trading pairs. Because BTC is the top coin being traded for other alts in terms of market cap, volume, and general popularity, it is thus at the center of the crypto economy and has some gravity behind it. Therefore, the prices of Altcoins mostly follow Bitcoin’s prices.
I guess no coins are unaffected by the fall and rising bitcoin prices. Because until now bitcoin as a benchmark altcoin
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.
In my opinion, almost all the crypto coins which are there in this world are quite dependent on each other. Same is the case when we talk about wither bitcoins or altcoins. Bitcoin is the bets coin and that it has a very strong hold in the entire crypto market and that the change in the market value of the bitcoin effects the market value of rest of the crypto coins and that’s why bitcoin is at the top of the list. 
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?
Yes the prices of Altcoins tend to follow Bitcoin. This is mostly due to Altcoin/Bitcoin pairing being traded. Every major exchange offers BTC trading pairs. Because BTC is the top coin being traded for other alts in terms of market cap, volume, and general popularity, it is thus at the center of the crypto economy and has some gravity behind it. Therefore, the prices of Altcoins mostly follow Bitcoin’s prices. 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?
crypto market is strongly bound to bitcoin. if the occurrence of accidents on bitcoin will greatly affect other altcoin. when bitcoin decreases drastically, many of the investors will secure its assets in local currency, and investors will turn away from all altcoin. therefore, no one altcoin can move independently for the moment.
I've asked myself same question over and over again until I took time to study the market trend. Bitcoin is the King and whatever moves the King makes, the kingdom (Altcoins) suffers positively or negatively. Let's reason together, what happened to altcoins when BTC tanked from 20k USD to 13k USD and finally to 6500USD, almost all altcoins suffered as well. Even ETH that was expected to hold firm also dropped in value. BTC controls the market. When it's stable then altcoins can grow organically.
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?
That is a good question and a mystery too. Even when altcoins seem independent from Bitcoin, because they rise while Bitcoins tanks, in fact they are STILL dependent from Bitcoin. I wonder when this link will be finally sewered.
All coins are dependent to bitcoin. As you can see, these coins are exchangeable to bitcoin in almost all exchanges. There are some that depends on ETH but ETH itself depends also to BTC.
If you realy need an answer, I would say, fiat coins, kidding.
If you realy need an answer, I would say, fiat coins, kidding.
No coin i found till now which is not dependent on bitcoin price . But small pump and dump happens with most of the coins but everytime it rel y on bitcoin price when it really going to stable market price . Yes last bitcoin pump went to 20000$ most of the altcoins failed . But i dint see any scenario where bitcoin was falling any coins were increasing its 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?
That's impossible because Bitcoin is the mother of all crypto. If Bitcoin is not born then Crypto will not exist either.And if there is an independent coin then we can invest at will. Playing longterm is better and we will not be afraid the coin we hold will drop drastically.
When it comes to price of cryptocurrencies Bitcoin is the primary determinant of the market price so I do not think there is any such coin.
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?
no altcoin is completely independent, all altcoin is bound by bitcoin. yes, this is why bitcoin greatly affects on all crypto. the market is always bound by bitcoin and its effect on altcoin. bad news will be an obstacle to the growth of all crypto.
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?
From the fundamentals, a lot of altcoins should have a price pattern that is independent from the Bitcoin's price, since a lot of them have different tech and consensus algorithm. However, from technical analysis, it's possible to see that most altcoins have a similar response to variations in the Bitcoin's price.If you don't know the tech behind these alts, it's better to hold Bitcoin, since there is a high risk that you can get burned by dumping it.
The only Altcoin independent to Bitcoin is Tether all because the price is pegged to one Dollar, there is no way Altcoins will be independent of BTC, because most of the trading on exchanges is against it, and even if you want to get in and out of Crypto you still need BTC because it is the gateway to fiat.
Almost all the coins the bye-product of it is bitcoin. If you want to cash out your alternative coin you most first exchange it to bitcoin or USDT because most cryptocurrency to fiat exchangers only exchange bitcoin to fiat directly, though some are accepting etheruem now.
There are not. Because all of them have a trading pair with BTC, and then their price always depend of BTC's price. If you want find one, it just USDT 
I don't think there are any truly independent altcoins out there, part of these coins still depends on bitcoin's existence in a way or two. And a lot of alternative cryptocurrencies out there are still powered by bitcoin's blockchain technology so I don't think there are coins out there that are truly independent and free from bitcoin. So, that is my take on this topic.
The reason why altcoins are dependent on bitcoin's price is because you can not buy alts with fiat.
You have to buy your btc, then use the btc to buy the alt.
If you want to cash out, you have to change your alt to btc, than sell the btc for cash.
So that's why prices are dependent on btc.
But, there have been changes. There are now quite a few alts that are entirely dependent on the price of ETH.
ETH has gotten more and more easier to change to fiat.
So a decentralized eth exchange will have all of the prices of the alt dependent on the value of eth.
And now, there are quite a number of ETH tokens that aren't doing well and can't penetrate the exchanges or market so they are stuck on no volume exchanges and IDEX or etherdelta, so they are entirely dependent on eth.
Because of these realities, that's why it is important to choose either btc or eth as the base of your portfolio.
That means, you make 40 to 60% of your coins be either btc or eth, and your trades should be aimed at overall increasing the amount of those coins you have.
You have to buy your btc, then use the btc to buy the alt.
If you want to cash out, you have to change your alt to btc, than sell the btc for cash.
So that's why prices are dependent on btc.
But, there have been changes. There are now quite a few alts that are entirely dependent on the price of ETH.
ETH has gotten more and more easier to change to fiat.
So a decentralized eth exchange will have all of the prices of the alt dependent on the value of eth.
And now, there are quite a number of ETH tokens that aren't doing well and can't penetrate the exchanges or market so they are stuck on no volume exchanges and IDEX or etherdelta, so they are entirely dependent on eth.
Because of these realities, that's why it is important to choose either btc or eth as the base of your portfolio.
That means, you make 40 to 60% of your coins be either btc or eth, and your trades should be aimed at overall increasing the amount of those coins you have.
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?
The matter is that at this stage of development of cryptocurrencies, everything depends on a bitcoin, some time some coin and can go against a whim of bitcoin but not for a long time, finally the altcoin will follow the scenario of bitcoin.
None,because all of the altcoin are being traded to bitcoin which is why the value of all the altcoins in the market is based and being measured by satoshi,which is why bitcoin is going to be dominant for more years not unless its value will fail but that is not possible as more and more people knows about cryptocurrencies and the benefits of using it.
As far as i know all of the altcoins are dependent to the bitcoin because these coins are being paired when it comes into trading which is why bitcoin is still dominant in the market,because bitcoin is the primary currency in the market.There will be none,not unless bitcoin's value has decreased expotentially,below these altcoins.
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?
At the moment all cryptocurrencies are connected with BTC. It was possible to be convinced of it in recent months when BTC has fallen almost by 3 times from a mark of $20000. Almost all altcoins have fallen more than by 3 times. The only altcoin which isn't tied to BTC is Tether. USD analog in the cryptoworld. 
NO altcoin depends of Bitcoin. The investors mood depends of Bitcoin and then is all the market movement. Bitcoin is the father of crypto and I believe that its price will always be the most important.
I heard that there are such coins that do not depend on the bitcoin, but I do not know their names, maybe it was just an advertisement. I think that ETH is partly dependent on BTC, because I had previously seen a situation where the BTC fell, ETH increased growth. I believe that 90% of coins in the market depend on bitcoin!
of course there are. Altcoins and tokens are fully independent and dont have a strong connection to the value of bitcoin but there were times that both of their value are really identical to each other but it was only a co incident. most of the times the value of bitcoin is still highly volatile and fluctuates too oftenly while alts and toks on the other hand are still stable. altcoins and tokens is maybe dependent to etherium because eth is a unit for their value.
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 think that there are no such coins. It all depends on the trends. Now the trend that altcoins grow does not depend on bitcoin. But soon everything can change. And altcoins all traded in pair on bitcoin, they are dependent on him 
I heard that there are such coins that do not depend on the bitcoin, but I do not know their names, maybe it was just an advertisement. I think that ETH is partly dependent on BTC, because I had previously seen a situation where the BTC fell, ETH increased growth. I believe that 90% of coins in the market depend on bitcoin!
I believe that the price of bitcoin is not directly related to other altcoins. Just bitcoin is so popular (see query statistics in the browser) that inexperienced, young investors will always associate its growth and decline with the overall situation on the crypto market.
And yet bitcoin is a crypto Apple, no matter how slow and old its code is, it will not soon be dropped from the top of Olympus.
And yet bitcoin is a crypto Apple, no matter how slow and old its code is, it will not soon be dropped from the top of Olympus.
I would say that BTC measures the market trend but, actually, other coins value can have a different behavior. It's like an exchange index ... shares can have a different trend
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?
First of all this is not always the case. Not all cryptocurrencies follow Bitcoin price action. Saying that would be an exaggeration. Even in negative Bitcoin price action, if an altcoin has some news or update coming, it can very well defy the bear phase and can get pumped. Bitcoin being the dominant currency has some effect over the marketcap of all the currencies because of the existence of BTC pair with almost all the altcoins. But that isn't the only price driving factor. 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?
Sad to say but there are no altcoin that are not dependent with bitcoin even Ethereum. As you can see in all trading platform for altcoins, you cannot see any platform that has no bitcoin pairing for a coin that is listed.
As fasr i know theres none,because all of the coins in the market is being paird with bitcoin when it comes into trading that is why there will be no altcoins that will be independent to bitcoin,all of the cryptocurrencies are currently dependent to bitcoin! Even those platforms which are being used by the new projects are also dependent to bitcoin.
I don't think there is any alt independent of bitcoin. This is the major reason why bitcoin is called the king of cryptocurrency. If bitcoin is down ,most of other coins too go down. Mayb we will see an alt independent of it in future? But for now , no one
The crypto market is unpredictable, there are times that most of the altcoins are dependent to bitcoin like the last pump that we've seen. As bitcoin surged for few minutes, majority of the altcoins are also pumping. But there are also times that when bitcoin is up, some alts are not following. It's hard to say on what are those coins that you are looking for which is independent to bitcoin. They are all changing, sometimes they are dependent, sometimes they are not.
[1]So, this means that it is not settled if there is an altcoin that is definitely independent to bitcoin. So, I can conclude to your answer is that mostly, [2]Bitcoin's value states the price of other coins? [3]Then, how about Ethereum? Is it completely dependent of the price of Bitcoin?
[2] I can say yes also with this, look when bitcoin is starting to act positive, two ways that altcoins can go, it's either they will go up or otherwise they will go opposite way.
[3] It's also dependent to bitcoin as stated on #1, when you are purchasing altcoins this is another way of getting them. And before getting ETH, you have to buy it also with bitcoin.
I would say no, if you observe the market, all altcoins follow BTC. When BTC is bearish, all coins are red. Sadly, when BTC is bullish, same thing happens. Alt coins go green when btc is stable.
Only stable altcoins are independant of Bitcoin. Like USDT or DAI. And also GOLD from GoldMint ICO which is pegged with real GOLD. But GOLD is still only in very few exchanges. But it is going to be exchangeable with real GOLD. It is on Yobit, but there is only very few GOLD in this exchange (less than one once of Gold). One GOLD is equal to one once of real Gold.
I don't think there are any extremely independent altcoins out there, some segment of these coins still depends upon bitcoin's quality in a way or two. Furthermore, a lot of elective advanced monetary standards out there are up 'til now controlled by bitcoin's blockchain development so I don't think there are coins out there that are extremely self-governing and free from bitcoin. In this way, that is my understanding of this point.
Only ETH is independent of bitcoin to some extent. In last 3 months when bitcoin was in red, it still gave positive returns.
If ETH is an independent one why i am seeing the market that 1ETH = 0.005 BTC (not exactly)
Well i think that every coin and token have its dollar value, but still thata dollar value is depending
on the bitcoin price in the market.
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?
What you need to understand is that the market is so unpredictable. The alt coins are in no way connected to bitcoin but due to the fact that bitcoin is very popular, it seems like when bitcoin goes up then other altcoins goes down. Also it will take a while before people find out there is no correlation.
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.
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.
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. The crypto market is unpredictable, there are times that most of the altcoins are dependent to bitcoin like the last pump that we've seen. As bitcoin surged for few minutes, majority of the altcoins are also pumping. But there are also times that when bitcoin is up, some alts are not following. It's hard to say on what are those coins that you are looking for which is independent to bitcoin. They are all changing, sometimes they are dependent, sometimes they are not.
So, this means that it is not settled if there is an altcoin that is definitely independent to bitcoin. So, I can conclude to your answer is that mostly, Bitcoin's value states the price of other coins? Then, how about Ethereum? Is it completely dependent of the price of Bitcoin?
I dont think that there is an existing coin that is not dependent to the bitcoins price, we all know that bitcoin is the king of crypto because it is the first successful one those altcoins are like the son or grandson everytime bitcoin change its price wether it is going up or down it will always affect other coins.
Not yet definitively identified about Altcoin being independent for bitcoin. When bitcoin falls, there are some altcoins that remain firmly priced even increasing, but is it certain to include an independent altcoin? Ethereum is very strong, sometimes seen bitcoin down but ethereum remains in position.
Only ETH is independent of bitcoin to some extent. In last 3 months when bitcoin was in red, it still gave positive returns.
The crypto market is unpredictable, there are times that most of the altcoins are dependent to bitcoin like the last pump that we've seen. As bitcoin surged for few minutes, majority of the altcoins are also pumping. But there are also times that when bitcoin is up, some alts are not following. It's hard to say on what are those coins that you are looking for which is independent to bitcoin. They are all changing, sometimes they are dependent, sometimes they are not.
I have the same question too.
It seems that the price of Bitcoin and of the alts, are somehow connected each other, and they are moving up or down together.
Some months ago I thought that it is happening because of the bots, that run the same program and with the same parameters.
So if it is so, people with a lot of money can manipulate the market, moving the price at their wish.
True or not, I hope there is someone here who can answer this question.
It seems that the price of Bitcoin and of the alts, are somehow connected each other, and they are moving up or down together.
Some months ago I thought that it is happening because of the bots, that run the same program and with the same parameters.
So if it is so, people with a lot of money can manipulate the market, moving the price at their wish.
True or not, I hope there is someone here who can answer this question.
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?
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