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Topic: Bitcoin and altcoins (Read 303 times)

full member
Activity: 419
Merit: 100
December 04, 2018, 01:12:23 AM
#28
BTC is not doing so well lately.
Directly or indirectly, altcoins are affected too.

Nevertheless, is the downfall of Bitcoin makes any good to altcoins?
Bitcoin falling does no good to altcoins, cause they will as well fall with it. Once bitcoin starts to fall you will notice that altcoins fall with it, maybe because investors are quitting, not sure what it is though. But this how it is because they are all volatile, they will always be going down and up. Soon things will change and you will them going up again.
member
Activity: 350
Merit: 11
December 01, 2018, 12:44:22 PM
#27
BTC is not doing so well lately.
Directly or indirectly, altcoins are affected too.

Nevertheless, is the downfall of Bitcoin makes any good to altcoins?

The reasons that the altcoins are affected by the price of bitcoin being down is due to the fact that the coins have their trading pairs with bitcoin, so when the price and the volume of bitcoins being traded goes down, it directly affects the price of the altcoins. Basically all of the altcoins are dependent on bitcoin for their prices when it comes to bull markets
member
Activity: 434
Merit: 13
November 30, 2018, 02:34:03 AM
#26
BTC is not doing so well lately.
Directly or indirectly, altcoins are affected too.

Nevertheless, is the downfall of Bitcoin makes any good to altcoins?
Of course Bitcoin with altcoin has the same relationship, if the price of bitcoin rises then the altcoin price will also rise, if the price of bitcoin falls then the altcoin price will also decline, but that does not mean that the fall of bitcoin is the end of bitcoin travel, but this is a temporary improvement the type of coin that we have seen so far.
member
Activity: 560
Merit: 13
November 30, 2018, 02:32:15 AM
#25
BTC is not doing so well lately.
Directly or indirectly, altcoins are affected too.

Nevertheless, is the downfall of Bitcoin makes any good to altcoins?

Price manipulation has smashed the market value of whole coins Its very sad to have a look on CMC everyday, everysingle investor are eagerly waiting for a change in coin value but till now there is no improvement in the market, I hope december could be a happy ending this year, let's us wait till the end of the year.
member
Activity: 238
Merit: 37
November 30, 2018, 02:23:19 AM
#24
Those some feel is good to have Bitcoin fall in price to give room for potential altcoins to compete with bitcoin,but as for me the only opportunity as see here is that we all have the opportunity to invest in bitcion with the fall in price.
sr. member
Activity: 728
Merit: 251
November 30, 2018, 02:21:56 AM
#23
the future of Bitcoin is still a question mark and the stability of Bitcoin prices is still unclear, whether to recover or will fall again. Altcoin prices are also affected by Bitcoin price movements because if Bitcoin falls, Altcoin will also move following Bitcoin. we don't know what will happen to the price of Bitcoin in the future that is certain Altcoin will always follow the price of Bitcoin.
member
Activity: 232
Merit: 10
November 30, 2018, 02:11:09 AM
#22
The large depreciation of Bitcoin is a fatal injury to the altcoin. For example, if the bitcoin falls 10%, the altcoin will fall by 20%-30%. Bitcoin is already the vane of cryptocurrencies, and all coins are affected by bitcoin.
member
Activity: 420
Merit: 10
November 29, 2018, 10:11:03 PM
#21
Bitcoin and altcoin are currently experiencing a drastic decline, when bitcoin goes down it will certainly affect the altcoin too, down and going up in crypto is common but we don't panic too much and stay calm in reacting
hero member
Activity: 1274
Merit: 516
November 29, 2018, 09:59:39 PM
#20
Theoretically when bitcoin is down alt coin will rise because most of the alt coin will be bought using bitcoin, but for now situation is the market in a very bad shape and the hash war is destroying everything, the bitcoin and alt coin price fall because there are no investors interest in investing crypto, the downfall of bitcoin is making the investors losing trust
member
Activity: 406
Merit: 10
November 29, 2018, 07:45:49 PM
#19
Bitcoin's price affects most alt coins but am sure that there are some alt coins that rely solely on Fait and If there isn't any alt coin that rely on Fait then it means that bitcoin's price would affect all alt coins.
hero member
Activity: 2660
Merit: 509
Leading Crypto Sports Betting & Casino Platform
November 29, 2018, 07:04:03 PM
#18
BTC is not doing so well lately.
Directly or indirectly, altcoins are affected too.

Nevertheless, is the downfall of Bitcoin makes any good to altcoins?
Yes it is because that gives us a significant discount to buy more and more altcoin. as you can see bitcoin has already rebound to above $4200 and it will go even more, and the next line should be $5k
Grab your altcoin before this discount has ended. I don't know about how long this will be
hero member
Activity: 1932
Merit: 504
November 29, 2018, 06:59:25 PM
#17
BTC is not doing so well lately.
Directly or indirectly, altcoins are affected too.

Nevertheless, is the downfall of Bitcoin makes any good to altcoins?
For now downfall of bitcoin will followed by altcoins, but even that is happen. If we are risk taker, i think stock a little amount in altcoin is good thing to do, maybe 5-10% from all our asset that hold bitcoin.
hero member
Activity: 2996
Merit: 600
Eloncoin.org - Mars, here we come!
November 29, 2018, 06:56:02 PM
#16
Nevertheless, is the downfall of Bitcoin makes any good to altcoins?
Sometimes there is but most of the time it isn't.

As you can see now, the market is going up and all the altcoins are going up too. And while its going down, altcoins are going down too. There are some instances before that when bitcoin goes up, alts are going inversely proportional.
full member
Activity: 479
Merit: 100
November 29, 2018, 06:32:32 PM
#15
BTC is not doing so well lately.
Directly or indirectly, altcoins are affected too.

Nevertheless, is the downfall of Bitcoin makes any good to altcoins?

Of course bitcoin price will affected the altcoins price in USD terms my friend,,
But not all altcoins will falling in BTC terms,,,
And a good altcoins will increase its value in bitcoin terms,, even if bitcoin down in usd terms
Regards

 I am sure everyone is quite aware of what had just recently happen in the market, the huge drops on crypto market resulting to a very large loses on almost all investors of crypto and ALT coins, But it is the reality on the market, price value may goes ups and goes down dependent on the volume of investment by the investors put in for such specific coin on the crypto or ALT coin as posted in the market, We've seen the market activity not all are loser there are some gainer's. Bitcoin drops, some ALT coin goes ups, it is the market investors or consumer's level of confidence that affects the Volatility of the market.
the presence of Altcoin that continues to experience the development of competition would be so profound for Bitcoin. If the State of the Bitcoin continue down falls will make Altcoin a golden opportunity to become so powerful and able to reliably be main coins are so worth going forward.
full member
Activity: 994
Merit: 105
November 29, 2018, 06:29:59 PM
#14
BTC is not doing so well lately.
Directly or indirectly, altcoins are affected too.

Nevertheless, is the downfall of Bitcoin makes any good to altcoins?
I guess so but not all altcoin is affected for a downfall of bitcoin some altcoin is still intact and be progressive every time. Maybe because they always think that no matter btc will down it always go on the top and recover.
member
Activity: 350
Merit: 10
A Blockchain Mobile Operator With Token Rewards
November 29, 2018, 06:21:25 PM
#13
One thing that most folks fail to realize is that without bitcoin there are no altcoins and so in as much as bitcoin is very down for quite sometime now which altcoin have you seen increasing in significant value. Bitcoin rules the crypto market so it is always better to invest into bitcoin than altcoins..
member
Activity: 198
Merit: 10
November 29, 2018, 06:15:23 PM
#12
In my opinion - altcoins will be the future of the market. Bitcoin is so old and it is the time to young and perspective coins like LTC, ETH and other.

it doesn't mean that bitcoin is old then it can never be trusted. many investor are still invest in bitcoin, bitcoin there know the possibility of having bitcoin a potential to grow, many newbies here are commonly think that bitcoin is old but when you search about bitcoin in its capacity you can say that even its old it helping old investor to grow even now.
sr. member
Activity: 1848
Merit: 370
November 29, 2018, 06:08:47 PM
#11
BTC is not doing so well lately.
Directly or indirectly, altcoins are affected too.

Nevertheless, is the downfall of Bitcoin makes any good to altcoins?

Of course bitcoin price will affected the altcoins price in USD terms my friend,,
But not all altcoins will falling in BTC terms,,,
And a good altcoins will increase its value in bitcoin terms,, even if bitcoin down in usd terms
Regards

 I am sure everyone is quite aware of what had just recently happen in the market, the huge drops on crypto market resulting to a very large loses on almost all investors of crypto and ALT coins, But it is the reality on the market, price value may goes ups and goes down dependent on the volume of investment by the investors put in for such specific coin on the crypto or ALT coin as posted in the market, We've seen the market activity not all are loser there are some gainer's. Bitcoin drops, some ALT coin goes ups, it is the market investors or consumer's level of confidence that affects the Volatility of the market.
member
Activity: 225
Merit: 10
November 29, 2018, 06:02:40 PM
#10
For now, bitcoin seems to be the barometer of the whole cryptocurrency that altcoins' price are affected by bitcoin. We haven't seen a time where bitcoin is going down while altcoins are going up. The reason for this is that bitcoin occupies the majority of the market which above 50%.
sr. member
Activity: 1092
Merit: 284
November 29, 2018, 05:53:57 PM
#9
in my opinion all altcoins will overtake the price of bitcoin, if bitcoin rises then some of the altcoins will definitely go up but the average value for bitcoin, so bitcoin is very influential on the other altcoin prices.
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