Topic: BITCOIN AND ALTCOIN (Read 571 times)
Here it is necessary to take into account the relationship between bitcoin and a certain altcoin. If you compare some coins, you can see their correlation coefficient. Based on this, it is determined how much the price of one coin depends on the price of another.
Bitcoin down and altcoin will down too and it was happened repeatable in this year that when people starting to panic then usually they will sold all of their cryptocurrency asset including altcoin so that's why if bitcoin down then all of crypto market will down too however rather than complaining about the price i think buy at low price is wise action
I don't think like that, not all altcoin markets follow bitcoin price movements and even all altcoins do not follow the bitcoin price movement. Price changes will be based on the arrival of information on cryptocurrency as a whole, if there comes negative information then cryptocurrency prices will decline and start from the price of bitcoin first because there are many traders compared to altcoin traders. However, if an altcoin is developing its project and is well received by every investor and user of cryptocurrency, even though the overall cryptocurrency market condition is decreasing, the altcoin will increase, and I have often seen this happen in the market. 
Bitcoin and altcoin like the upstream of rivers and creeks if the upstream dries up the tributaries also dry up, that's a parable in my opinion. so both are interconnected
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.
you know what mate, never compare Bitcoin into altcoins. It is because Bitcoin is the original and became the reference of altcoins in this industry. Bitcoin was a virtual currency while altcoins are the utility tokens. Just like what you just said that Bitcoin was the Father or Mother of currency which is I do really agreed very much.
The price of the altcoin declines with the price of btc.It’s always been the case.This shows that btc has the most important status.We should hold it.
we can see in all markets, on the main exchange is altcoin can be exchanged for bitcoin, so of course I think the value of bitcoin is very influential on all the value of altcoins, if the price of high bitcoin is automatic the price of tokens or coins will also follow, because the altcoin will be exchanged with bitcoin .
That is trading pairs and majority of the pairs are with bitcoin. That's the connection of bitcoin and it is the reason why it is dominating the market, we can't blame it for being like that because it is the starter for this market. There are instances that when bitcoin is pumping, alts are dropping but sometimes alts are also increasing. This created the belief that when bitcoin goes on bull, alts are going to follow too so this is why many are saying that just keep on holding even with those alts. 
we can see in all markets, on the main exchange is altcoin can be exchanged for bitcoin, so of course I think the value of bitcoin is very influential on all the value of altcoins, if the price of high bitcoin is automatic the price of tokens or coins will also follow, because the altcoin will be exchanged with bitcoin .
Yes you have 100% right. Even if any altcoins keep the same price raported to bitcoin if bitcoin price drops the value of altcoins in fiat drops. We holders we can just hold our coins when price drops or just buy some more. I wish the most people in crypto not panic sell when they see a drop. If in future we will have more coins trading directly to fiat i think the situation will change and the altcoins price will not drops everytime when bitcoin price drops.
This is caused by panic among investors and traders, if they see bitcoin go down, panic occurs and they start selling their altcoins to avoid further losses. But the more this panic actually makes the market very difficult to rise.
I don't think so because when the price is decreasing many people will start selling them at higher in order to buy them at a low price. We have to be very careful with the market situation which we cannot able to guess when the price will go down and when the price will increase. We have move according to the market situation.
When ever the bitcoin prize goes down the market the value of a stable coins will also fall in USD value.
But if the token or coins pump its BTC value in the market it may change.
The convertion of USD is all about BTC and not the token price via BTC.
But if the token or coins pump its BTC value in the market it may change.
The convertion of USD is all about BTC and not the token price via BTC.
bitcoin affects the price of all altcoins ...
it is difficult to predict the price of altcoins when bitcoin falls, bitcoin is the first lot of coins that say bitcoin is the crypto king
it is difficult to predict the price of altcoins when bitcoin falls, bitcoin is the first lot of coins that say bitcoin is the crypto king
for bitcoin and altcoin it's still very unstable bro, for a while it goes up and down for a while so it's still very influential on coin-coin underneath, but yes it is very unlikely that one day the prices can go up and can also bounty hunters, even though the price now we don't shake quickly to not play bitcoin anymore, keep up the spirit, bro xan good luck together
Bitcoin down and altcoin will down too and it was happened repeatable in this year that when people starting to panic then usually they will sold all of their cryptocurrency asset including altcoin so that's why if bitcoin down then all of crypto market will down too however rather than complaining about the price i think buy at low price is wise action
I guess depending on an information, if there is some negative information about cryptocurrency then the price of bitcoin will decrease as well as the price of altcoin will decrease. However, if in these circumstances there is some good information on some altcoins then the altcoin price will rise, even though the price of bitcoin is decreasing. So, not all altcoin prices depend on bitcoin prices, but on information.
Many came to the crypto industry Bitcoin, it is easier to buy and sell for fiat. Most altcoins are difficult to sell for fiat, only through bitcoin, there are many altcoins, and Bitcoin is such one. Hence, there is always an increased demand for Bitcoin compared to altcoins.
Bitcoin down and altcoin will down too and it was happened repeatable in this year that when people starting to panic then usually they will sold all of their cryptocurrency asset including altcoin so that's why if bitcoin down then all of crypto market will down too however rather than complaining about the price i think buy at low price is wise action
Altcoin market all depends on bitcoin. Most are traded on ethereum, of which ethereum also depends on bitcoin so directly or indirectly, all coins are tied to bitcoin. There are some good altcoins out there that can bring huge profit, it all depends on understanding the market but can't be compared to bitcoin. Bitcoin is king.
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.
In my opinion, it's almost like that, but it's one of the altcoins, I'm following a coin (MiXin). It has fallen under the market, I'm looking forward to the recent testnet success of the project, hopefully, it's a successful step
It is an eternal subject. The bitcoin and other coins very strongly concern all players of the cryptoforeign exchange market. I invest in bitcoin so more reliably.
I have been wondering what is responsible for this too. Each time the price of bitcoin is going up or down, the price of other cryptocurrencies will follow. It didn't often follow this pattern before. I started noticing it after the prolonged downtrend. I think it is because people buy or sell depending on the price of bitcoin.
You have to understand that the market moves based on how people perceive the bitcoin market on its own and most of the time, since the altcoins market are all tied to bitcoin, the general sentiment of the market is to see the altcoins go down when bitcoin is going down and absolutely, traders act accordingly.It is a speculative market; it is just for everyone to understand the fundamentals of the market anyway. It is always normal to see altcoins grow when bitcoin is in a slight movement upwards or consolidations, but you do not want to be in altcoin when bitcoin is going down fast or is in a bull run.
Hi, I think you can have Bitcoin And Altcoin.
Coin portfolio in each investor is different, but what I often hear is that most of them buy bitcoin in a larger amount than altcoin. when the value of bitcoin goes down they will change or cover up with the altcoin and this is what makes Altcoin fall more diligently than bitcoin
Bitcoin is more stable and that's good! all your profits can be fixed in BTC
There's no fixed profit in this market, you can still incur loses but it will depend on your strategies. Bitcoin can be more profitable than what we expect, altcoins can also be like that just choose a good coin and you will have a good profit. Only very often it happens that they drops together, and then bitcoin grows one.
In the current trend, bitcoin and altcoins are moving the same trend, so better to hold more coins on your wallet.
This is caused by panic among investors and traders, if they see bitcoin go down, panic occurs and they start selling their altcoins to avoid further losses. But the more this panic actually makes the market very difficult to rise.
in my opinion, two-two are good at making coins, but if I prefer bitcoin, the process is easy and fast, but some are old and have to wait several days or even months
Only very often it happens that they drops together, and then bitcoin grows one.
Bitcoin is more stable and that's good! all your profits can be fixed in BTC
Bitcoin is mother coin all crypto coin.Bitcoin already reached some high end it will go again high you can learn altcoin.
Bitcoin is everything in the crypto world because Altcoin depends on it, including the current market price. of course if the price of Bitcoin goes down then all the prices of all other coins also go down. Bitcoin is not the father but the parent of cryptocurrency. 
The relationship and reason for the effect of the value of bitcoin on the altcoin are because Bitcoin is the father of all cryptocurrency, with bitcoin we buy altcoins, when altcoin pumps, we sell it again to bitcoin. So if we want to trade don't forget to look at the bitcoin graph, for speculation.
The increase in the price of bitcoin affects the price of altcoins as well, of course, we can take advantage of the moment bitcoin is not stable or stable, so the altcoin is usually the price goes up, in my opinion to increase the amount of bitcoin can by buying an altcoin then exchange it to bitcoin
Let's start with the fact that each altcoin is sold on the exchanges for basic crypto-currencies ETH and BTC
That is one basic fact and the second fact that is that most of them are traded against bitcoin most of the time, instead of Ethereum. What we simply have here is just a market reaction to the movement of bitcoin generally, that is all. When bitcoin moves, altcoins move and it is the way bitcoin is moving that would determine how altcoins would be moving most of the time. Although, when the altcoins are gearing up to move, they can move pretty fast if given a good condition where bitcoin starts consolidating upwards without much movement which is what at the moment most traders are eagerly waiting and hoping for.
If you can understand the situation of the altcoin market then you can definitely make a lot of profits in a short time. Unfortunately the state of the altcoin market movements has changed not as usual since bitcoin experienced a very significant increase
The trend of bitcoin on the stock exchange is a signal for action for traders. Many traders enter into deals on altcoins, and stop placing at the rate of bitcoin. When so many people are guided by the main currency, it will always be the main
From what I have understood, bitcoin is the highest in order now. Similar to it value compared to the others. But there are some great altcoins out there like eth, xrp, ltc. Also there are so many undervalued altcoin coins that get overlooked. Best is that your perform your research by looking into the project, team, investors etc.
the level of crypto competition is very tight where many new crypto and they also try to grab the market and investors, when one goes up the other can decrease
Let's start with the fact that each altcoin is sold on the exchanges for basic crypto-currencies ETH and BTC
It's the truth.When altcoins are sold that usually exchanged to BTC/ETH. And if that altcoin was dumped its going to fall. This is the power of bitcoin and if you are investors and you still don't have bitcoin, start changing your strategy and get bitcoin as soon as possible.
Let's start with the fact that each altcoin is sold on the exchanges for basic crypto-currencies ETH and BTC
Bitcoin and Ethereum is a highly recommend cryptocurrency but this situation many low marketcap coins are cheap in the market. So we should buy more in this dip it will be a right investment for future journey. I suggest to invest on waves because this will be a good performing crypto in bearish market also all are excited this platform.
BTC is paired to almost all coins, If bitcoin price fall then altcoin holders will also sell to gain when bitcoin rise. Its about accumulating satoshis than the USD. Same thing I guess happen to coins paired with ETH, their price will also fall when that happens because they are accumulating wei from the Dex. Basically it all depend to BTC.
Bitcoin is the main currency in the entire crypto as most exchanges has base on the bitcoin price. The rise and fall of bitcoin may have effect on those altcoins due to pairing with BTC during trading. Since most of the altcoins has no pairing to USD, token will traded first to BTC or ETH before it can convert into fiat.
Let's start with the fact that each altcoin is sold on the exchanges for basic crypto-currencies ETH and BTC
I have been wondering what is responsible for this too. Each time the price of bitcoin is going up or down, the price of other cryptocurrencies will follow. It didn't often follow this pattern before. I started noticing it after the prolonged downtrend. I think it is because people buy or sell depending on the price of bitcoin.
Both bitcoin and altcoins both are good for investments. Bitcoin is the head for all coins, the price of bitcoin can affect the price of altcoins also. Because both bitcoin and altcoins are interconnected with one other. Now both price are very low so buy more coins and hold it for future. Once the market returns you can sell and earn good income.
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.
Altcoins are dependents with bitcoin since majority of them is used to trade with bitcoin. There was a time when bitcoin continuously dropping while some other alts like Ripple and Ethereum were rising, speculators even thought this would replace bitcoin position in the market, but then again after few months bitcoin remain stable while these alt coins started to drop. Crypto price are really unpredictable though most of the time alts lies on bitcoin fluctuations but still I would like to believe it still the market that predicts what would be the next value this cryptos. I think it's a natural thing because bitcoin already has a market and can be accepted in many fields. With this capability, bitcoin is a reference price for other altcoins
Mass adoption and bitcoin can be found everywhere in exchanges.Compare the crypto market to the world economy. With all of those local currencies (altcoins) are depending to the US economy USD (bitcoin). And that's the similarity of why altcoins are depending to bitcoin, sometimes there isn't but this happens for few times.
Alts has been pegged to bitcoin / satoshi rather than USD so if a slight drop of bitcoin price the satoshi price which alts price are based on will drop as well even tho the alt has not dropped the price of satoshi , its always a double edge since alt coin is just riding Bitcoin waves if it go down alts will go down if it goes up alts will go up interms of USD value
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.
I think most of the altcoins are traded against Bitcoin but not all of them. If the price of bitcoin rises then people will start selling their altcoins to buy bitcoin because they are afraid that this can reduce the price of altcoins. They sell altcoins in panic that the market may experience congestion so long that time altcoin can fall even more. but not everyone thinks that way. 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.
every Altcoin you get can be exchanged with Bitcoin or buy / sell. of course Bitcoin is the parent of cryptocurrency because market price movements depend on Bitcoin. do not be surprised if the price of Bitcoin falls, then Altcoin prices also come down.
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.
every Altcoin you get can be exchanged with Bitcoin or buy / sell. of course Bitcoin is the parent of cryptocurrency because market price movements depend on Bitcoin. do not be surprised if the price of Bitcoin falls, then Altcoin prices also come down. 
Because people use Bitcoin to buy/sell their coins so altcoin value vary with bitcoin price.
I think it's a natural thing because bitcoin already has a market and can be accepted in many fields. With this capability, bitcoin is a reference price for other altcoins
Considering the money in the world of dollars, the crypto money market in my mind comes from bitcoin.Altcoins come to our minds later. sometimes the bitcoin value decreases and other altcoins grow. but always bitcoin number 1.
Sometime bitcoin price may affect the coins value grow more and sometimes it will be goes to dump value.
These things are determined the value growth and fall but all the coins have different characterstics on using the coins
Since I noticed that I got a belief that value will be bumped good in the price and etc.
These things are determined the value growth and fall but all the coins have different characterstics on using the coins
Since I noticed that I got a belief that value will be bumped good in the price and etc.
you just realized now, but not all altcoins like that in my opinion there are also those who take advantage of the increase in bitcoin prices for their tokens also go up.
big trade might all be like that, but it should be known bitcoin is indeed the center of altcoin because their pair mainly uses bitcoin.
big trade might all be like that, but it should be known bitcoin is indeed the center of altcoin because their pair mainly uses bitcoin.
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.
for short term invest ad make more profit i think the best way is trading in Altcoin beside trade in bitcoin, because bitcoin price is slow moved in market better than altcoin
As is customary, Bitcoin pulls down other altcoins with him. It is a factor that has been in place since the very beginning of the first altcoins. Sometimes, however, the situation is the opposite, the bitcoin is decreasing and the other altcoins are growing. This is usually after each increase of the btc price on its ATH. After this phase, the price of altcoins upwards and the bitcoin either drops or its price is at a certain value. These are the moves i noticed at the prices of btc and other cryptos.
Bitcoin is a powerful coin. It's a digital gold and altcoins are just alternative coins which bring more options, products, and ideas in the crypto world.
I've been saying that bitcoin is a digital gold as well. Few altcoins won't go along with the flow of bitcoin and but they would go opposite.
Read: What is the correlation between Bitcoin and Altcoin prices?
Am looking at bitcoin price drop against altcoin price crash
yes that's right ..
so when you trade altcoin first look at the condition of the bitcoin market if the bitcoin market is good it is likely that the altcoin will continue to follow bitcoin
so when you trade altcoin first look at the condition of the bitcoin market if the bitcoin market is good it is likely that the altcoin will continue to follow bitcoin
Bitcoin and altcoin both are good for investments. While bitcoin suits for both long term and short term, but altcoins only suit for long time. Some of the altcoins only have high growth, bitcoin is the head for all altcoins. So split your investments and invest half in bitcoin and half in altcoin. Then only we can manage the profit and loss.
of the many altcoins, most of the value is exchanged for BTC and ETH as altcoin mothers. clearly influencing BTC to the altcoin, when it went down the exchange rate also fell. I think this is normal, where BTC is the father of altcoins.
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.
Bitcoin has a lot to do with altcoin, Bitcoin controls the trading of all coins by offering exchanges with Bitcoin which of course has a big effect on the altcoin to rise or fall depending on the current Bitcoin trend, many people are affected by the price of Bitcoin when it drops very low they will throw away all Coins because they are afraid it will have an impact on all coins, actually, that's right, no one can beat Bitcoin while Bitcoin holds the full market, this is a reasonable reason.
Only relationship all these coins are cryptocurrencies apart from that all the coins should grow and fall based on the investment you do on the any coin. Along with that you need to go with the altcoins for investment now.
Since cryptocurrencies market dead slow in price race and utilisation. We need to make the decision like change all the things buddy. All the investors and even small buckay change and give effect over cryptos.
Since cryptocurrencies market dead slow in price race and utilisation. We need to make the decision like change all the things buddy. All the investors and even small buckay change and give effect over cryptos.
Bitcoin is a powerful coin. It's a digital gold and altcoins are just alternative coins which bring more options, products, and ideas in the crypto world.
This situation immediately approached the fine. Get rid of the bitcoin effect. My banner has more time. Better projects…
my opinion, you could go with bitcoin because we don't know altcoins are fake or what, so you better to invest on bitcoin, it truthful coin and it will give more profit for this year so you can invest now.
Am looking at bitcoin price drop against altcoin price crash but bitcoin still better than altcoin in cryptocurrency market.
There is no comparison between bitcoin and altcoin. Its marketcap is half the value of all altcoin, this is a great achievement. The price recovers fast even when it drops but some altcoins never get back to their stand after such drop.
Am looking at bitcoin price drop against altcoin price crash but bitcoin still better than altcoin in cryptocurrency market.
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.
yes, indeed what has happened mostly like that, when bitcoin lowers prices, it coincides with falling altcoin prices, but that doesn't mean that altcoin prices all depend on the value of bitcoin prices, because each coin certainly has a different purpose and technology. 
I have also thought about this question raised by OP because it is really getting the marketing to be predicted. On my own, I think the reason is because of the technology which is blockchain. All cryptos are a product of blockchain which bitcoin is the leader.
If we have another technology, we can start seeing market and coins running differently and this will be nice because it means an independent market.
If we have another technology, we can start seeing market and coins running differently and this will be nice because it means an independent market.
Bitcoin has more speculative opportunities thanks to futures and other exchange-traded instruments.
ETH and other altcoyins are not traded on futures exchanges. The market of crypto-currencies is now run by speculators.
I would not try to find a connection in a speculative market.
ETH and other altcoyins are not traded on futures exchanges. The market of crypto-currencies is now run by speculators.
I would not try to find a connection in a speculative market.
Bitcoin is the main currency of the market, we see the pair of BTC / USDT decreased, the Alts / USDT decreased in line. It shows that the influence of BTC is very big.
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.
Bitcoin is the basis of all altcoins, and usually investors depend on bitcoin. There is no actual relationship with this coins but its more on the belief of every traders/investors. We have seen many of this in the past and we will still experience this in the future so we better use to live with it and know how can we make money when this two coins are falling.
BTC and other coins rise and fall together. because it is interconnected and everything is connected to BTC. hope will soon be a nice rise. everything will be more beautiful
Altcoins are more like shares, they are just tokens of projects, which at best are part of the project and have little value, but in most cases they are completely useless. Bitcoin is a certain amount of information recorded in a chain of blocks, and this information is bought and sold and has value. The direct connection between bitcoin and altcoins is sometimes absent at all, and the dependence of the price of altcoins on bitcoin comes from the market and their exchange among themselves.
the relationship between bitcoin and altcoin is the basis for many altcoins. when we are going to buy altcoins, there is a lot of exchange and the market converts its value into bitcoin. this is what makes bitcoin always connected strongly with altcoin
Without BITCOIN there is no altcoins because altcoins depends on the Bitcoin that's the reason anytime Bitcoin decreased in price the price of altcoins also drop and I can say bitcoin is the determinant factor of altcoins.
When you are going to trade in exchanges, what you need to buy all of those altcoins that you wish?
Bitcoin trading pairs and that's the relation of it on the market. It has the biggest pairs to all coins though there are some decentralized exchanges that are trading pairs with ETH.
Bitcoin trading pairs and that's the relation of it on the market. It has the biggest pairs to all coins though there are some decentralized exchanges that are trading pairs with ETH.
Predicting the altcoin price is very difficult sometimes when the price of bitcoin weakens, the price of the coin will weaken, even though there is still a stable price of altcoin when all is almost down,
Most of the altcoins are traded against Bitcoin or ETH but not all coins. So if bitcoin prices going up then people may start selling their altcoins to buy more bitcoin which can bring altcoin prices down. Even if bitcoin prices going down then people may start selling their altcoins in a panic that market may crash so during this time altcoin may fall even more. Only time altcoins will move up when bitcoin prices are mostly stable or less volatile.
I strongly agree with that! Being the father of cryptocurrency and being paired with alts leads to the volatility of price in the market. Only when BTC is up so does the other alts and may go down as well due to its flactuations.
Most of the altcoins are traded against Bitcoin or ETH but not all coins. So if bitcoin prices going up then people may start selling their altcoins to buy more bitcoin which can bring altcoin prices down. Even if bitcoin prices going down then people may start selling their altcoins in a panic that market may crash so during this time altcoin may fall even more. Only time altcoins will move up when bitcoin prices are mostly stable or less volatile.
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.
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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