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Topic: BITCOIN AND ALTCOIN - page 5. (Read 555 times)

newbie
Activity: 70
Merit: 0
September 12, 2018, 09:02:53 PM
#2

Bitcoin has been the father of all cryptocurrencies. A lot of people have been trading the coin in large quantities and altcoin activities tend to fund bitcoin. People use bitcoin to buy or trade altcoin so bitcoin activities, someway some how, also fund altcoin. Because of this effect, a drop in bitcoin will definitely affect altcoin.
newbie
Activity: 20
Merit: 0
September 12, 2018, 08:56:28 PM
#1
I have realized that whenever  the value of bitcoin drops in the cypto market almost all the altcoins' values also drop. Bitcoin is and has been the father of all cryptocurrencies but i still do not get the relationship and the rationale for the effects of bitcoin value on altcoins.
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