Bitcoin down Altcoin down | Bitcointalksearch.org

paradigmaV

full member

Activity: 434

Merit: 101

Quote from: Olayinka225 on July 12, 2018, 10:36:11 AM

Is there any relationship between the two?
Whh must the fall of bitcoin after other altcoins?

The crypto market is still very young. And of course, bitcoin affects the value of alternative currencies. This is a speculative market. People transfer money from one asset to another in order to make a profit in the short term. These are the rules of the game today. Alternative currencies repeat the movement of Bitcoin, but with a little more speed.

pooja1982

copper member

Activity: 166

Merit: 1

I have been associated with crypto market last 3 years and I study and observe that when the Btc falls then all other altcoins are falling at the same moments. It seems to crypto market trends that all altcoins are depends on Bitcoin if btc will down all market will be down and if bitcoin will rise up all crypto market will be rise up.

Marainoli

member

Activity: 91

Merit: 10

Justice as a Service Infrastructure

All market falls. All coins lose every day the capitalization of the coins. Until investors developed the market of changes will not be.

Mhd-Bobbi

member

Activity: 434

Merit: 13

Quote from: zinson01 on July 13, 2018, 02:01:23 PM

It has been noted from the past that the price of altcoins follows the price of the bitcoin that means when the price of bitcoin is high then the price of altcoins rise high. Actually this relationship is not proved by any research but it is built on the basis of the previous experience.

Yes, you are right,
All coins are related to Bitcoin, all types of coins are of course related to Bitcoin, altcoin rises because of bitcoin, down altcoin because of bitcoin, actually this is what we have to do research to find out the altcoin relationship with bitcoin.

raptorez

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This is a well-known truth, which for some reason has not been working lately, it is strange to talk about it, but this is true, because cryptocurrencies, namely, altcoins are starting to become more popular.

xPASTELx

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Activity: 191

Merit: 3

Quote from: Olayinka225 on July 12, 2018, 10:36:11 AM

Is there any relationship between the two?
Whh must the fall of bitcoin after other altcoins?

That is pretty much how the entire market works, when the price of bitcoin is down then the price of the altcoins are bound to go down too since their value are determined by the value of bitcoin. Bitcoin is so important and if we are ever going to have another bull market on our hands then it is going to be when the price of bitcoin bulls.

wewe123

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Activity: 322

Merit: 11

🚀🚀 ATHERO.IO 🚀🚀

As the cryptocurrency market is falling down of price value of coins , then bitcoin as the lead coin of the market cap is experiencing down in the market , and the altcoin will also the same experienced as of bitcoin which are also down in the market cap.

jusertvaz

member

Activity: 428

Merit: 12

Quote from: kiranarora on October 30, 2018, 07:58:46 AM

According to my bitcoin and altcoin both cryptocurrency are almost similar. Of these, bitcoin is being given more preference. Because if bitcoin is running in the market, altcoin will also run down.

Only BTC fell in price approximately three times of its maximum, and for example Ethereum fell 6 times from its maximum. As you can see from the example altcoins more strongly adjusted in the fall than BTC. But with the growth of this trend as is.

kiranarora

newbie

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According to my bitcoin and altcoin both cryptocurrency are almost similar. Of these, bitcoin is being given more preference. Because if bitcoin is running in the market, altcoin will also run down.

elcoblast

full member

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Merit: 100

Quote from: cryptodalton on July 13, 2018, 02:16:36 PM

Bitcoin is generally a dominant crypto currency and its impacts on the price of altcoins and results to similar price fluctuation. There's no specific reason behind this. It is just the nature of bitcoin.

like you said, but when we see market chart in few year ago, when bitcoin down altcoin is up, but for now when bitcoin down altcoing keep going down

asayoyaasa

copper member

Activity: 648

Merit: 159

Ya, its connected each other between btc movement price altcoin price. I don't know why its related, but we always see this. If btc just sideway, then altcoin can grow up.

supine

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Merit: 109

Quote from: Olayinka225 on July 12, 2018, 10:36:11 AM

Is there any relationship between the two?
Whh must the fall of bitcoin after other altcoins?

Bitcoin price and altcoin price is related since most altcoins are paired with bitcoin. If bitcoin price falls down, altcoin price is also affected. Most traders and investors know it, that is why whenever there is a small movement in bitcoin price, altcoin prices are affected too.

Lubang Bawah

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Merit: 253

Quote from: Serg33vnik on October 25, 2018, 07:00:24 AM

YES, Bitcoin holds a dominant position among cryptocurrencies and its price is strongly associated with the price of altcoins, so far this is a fact!

Bitcoin that is too dominant is certainly not good, this is what makes devs. must be creative to be able to implement crypto directly so that it is not dependent on bitcoin.

Volk-05

jr. member

Activity: 434

Merit: 1

Maybe there is no relationship between them, but currency conversion takes place in a pair-by-bit pair of bitcoin, so altcoins always follow the first currency!

LingoMaster

newbie

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I think BC is the alpha male/female of the clang, its performance reflect the condition of the whole family.

maculeth

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Merit: 11

BountyMarketCap

although there is no close relationship between the two, their presence in the market can be interrelated. bitcoin is a coin with the number one in the market and of course taking the influence of demands on the biggest community, and of course all will depend on bitcoin. when bitcoin loses demands, the altcoin will also lose its demands and make the price go down simultaneously.

Caladonian

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Quote from: Teal Deer on October 24, 2018, 11:52:33 AM

In fact, I was also convinced that all altcoins depend on the BTC rate. But here's a phenomenon I was able to see. Recently, the BTC rate is more or less static, a small increase and a small drop, thus showing a small dynamics. At the same time, altcoins show much more significant jumps, especially the pump up. So whether they depend or not, but the result on the face, altcoins can move up regardless of the BTC rate.

They are showing a good pumped as they experienced a massive dumped before, just like what happened to bitcoin before this barrier, coming from last year high almost $20K and now standing strong between$6k-$7k at most, those alt coins suffer a massive dumped together with btc and the best example to that is ETH itself, though we are seeing 10-50% of increase coming from the alt market but the actual percentage to that from the previous high still comparable with bitcoin value.

EducoinVietnam

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Quote from: Olayinka225 on July 12, 2018, 10:36:11 AM

Is there any relationship between the two?
Whh must the fall of bitcoin after other altcoins?

It is not about BTC only. When there is something wrong with ETH, thousands of related tokens become significantly cheaper in the blink of an eye.

Serg33vnik

jr. member

Activity: 59

Merit: 1

YES, Bitcoin holds a dominant position among cryptocurrencies and its price is strongly associated with the price of altcoins, so far this is a fact!

Teal Deer

sr. member

Activity: 714

Merit: 250

In fact, I was also convinced that all altcoins depend on the BTC rate. But here's a phenomenon I was able to see. Recently, the BTC rate is more or less static, a small increase and a small drop, thus showing a small dynamics. At the same time, altcoins show much more significant jumps, especially the pump up. So whether they depend or not, but the result on the face, altcoins can move up regardless of the BTC rate.

Topic: Bitcoin down Altcoin down (Read 4399 times)