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Topic: Bitcoin down Altcoin down - page 10. (Read 4413 times)

newbie
Activity: 140
Merit: 0
September 14, 2018, 08:55:17 AM
That's right! Bitcoin also is best coin so all altcoin depended on bitcoin. Maybe altcoin exchange btc but that is story far. In the near future, it wasn't happened
full member
Activity: 728
Merit: 131
September 14, 2018, 08:46:09 AM
Bitcoin is going up now same goes to ethereum...
Some alts are having a rise while some still down and falling.
Market is really unpredictable, we should keep watching the news and updates daily
newbie
Activity: 34
Merit: 0
September 14, 2018, 08:44:18 AM
Bitcoin is the leader of all coins the market becomes green it seems that it is in good pricing, but if it is goes down then the altcoin is followed, if it is not dropping down together with bitcoin it gets affected because bitcoin is parameter of all coins.
legendary
Activity: 1470
Merit: 1002
September 14, 2018, 08:43:26 AM
Actually I think it is the opposite way as bitcoin rise altcoin will down because people choose to invest in only 1 object. But recently no matter bitcoin or altcoin both matket are going downward because all the fake news.
full member
Activity: 700
Merit: 101
BBOD Trading Platform
September 14, 2018, 08:36:21 AM
of course because bitcoin is a crypto currency that was first created and was first known as crypto currency that can be traded. therefore all latcoins will definitely follow the trend of bitcoin prices, so if the price of bitcoin drops then the altcoin prices will drop
newbie
Activity: 25
Merit: 0
September 14, 2018, 08:25:16 AM
Surely both of them have a relationship. Between Bitcoin and Altcoin will be a close connection in Crypto. Because the markets in Altcoin are strongly influenced by market conditions of Bitcoin. And it is very evident that when Bitcoin experiences ups and downs, Altcoin will follow it but it shouldn't always be the same as Bitcoin.
newbie
Activity: 112
Merit: 0
September 14, 2018, 06:02:13 AM
Based on experience, there seem to be a relationship with the two although there is really no definitive explanation or confirmation about it. You may just notice that if the trend on the other is high, same goes with the other one. My guess is that it's because most of those who holds bitcoin also hold altcoins. Just my two cents.
newbie
Activity: 44
Merit: 0
September 14, 2018, 05:56:23 AM
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.
not always, even take the last year in the summer, when bitcoin began to grow, and the coins fell. If the growth in bitcoin sharp coins will fall
member
Activity: 434
Merit: 10
Unleash the Power of the World's Crypto Data
September 14, 2018, 05:52:53 AM
Yes it has a very big relationship between those two because all Altcoins are just basing their value in bitcoin when it is in stable value or not, even they have their own value in the ICO. And I think also is because bitcoin is the most use in transferring Altcoins in their local currency in other country.
full member
Activity: 451
Merit: 100
September 14, 2018, 05:46:20 AM
There is a powerful relation, correlation between these both assets. While BTC is dump, altcoins are dumped as well.
But I wish one day this corellation will disappear completely
sr. member
Activity: 560
Merit: 250
September 14, 2018, 05:44:15 AM
Most of altcoins getting down not with Bitcoin, but with Ethereum. There are old altcoins that depend on Bitcoin, but most of new altcoins depend on Ethereum.
jr. member
Activity: 98
Merit: 1
Reserve Your Ledger at GYMLEDGER.COM
September 14, 2018, 05:32:24 AM
There is relationship because atlcoins sometimes used by some people for transfering Bitcoin into them to ensure it from losses. And besides that most of altcoins follow after Bitcoin in different ways.
member
Activity: 173
Merit: 10
September 14, 2018, 05:27:01 AM
Yes, all the coins in the cryptocurrency market are closely related, and most of the coins are affected by the price from Bitcoin and ETH!
member
Activity: 165
Merit: 10
September 14, 2018, 05:24:42 AM
Of course those two are co-related with one another. Specially price of altcoin depends on bitcoin. Because most of the time, exchanges doesn't allow us to exchange altcoin-USD pair which is why we need to depend on BTC for trading altcoin. That's how altcoin is depended on Bitcoin.
newbie
Activity: 43
Merit: 0
September 14, 2018, 05:22:01 AM
I can say that there is not always a direct relationship. Sometimes it takes 1-2 days from the moment when bitcoin has already gone up, and altcoins are still in place. And Vice versa in the downward movement.
newbie
Activity: 308
Merit: 0
September 13, 2018, 10:56:21 PM
Yes sure you very close relations between BTC and Altcoin. But for the period Altcoin movement now is very difficult to be predicted. Because when the price rises, Bitcoin is not necessarily all Altcoin will be following his Ascension. In a few months, we can see that Altcoin continues to decline.
jr. member
Activity: 350
Merit: 1
September 13, 2018, 10:54:20 PM
Yes, this is true, if bitcoint goes down, altcoint will also go down and be followed by another coint-coint, as the parent of all bitcoint coints plays an important role, if the price drops, of course all coints will also go down, for sure all coint down because crypto is decreasing
newbie
Activity: 72
Merit: 0
September 13, 2018, 10:41:44 PM
I think there is a connection between them, because the whole market almost depends on the mood of the BTC rate. Once he grows up, so behind him immediately grows and everything else. It is worth it to fall in price, so he also pulls everyone to the bottom. What to do, that's such a strange dynamics. Until the end of not imposed why so and how long this will continue?
The high volatile market make some traders suffered lost. Have you ever seen a trading platform that not list BTC? First time trading platform must list BTC. Only eth dex platfrom like idex and forkdelta not list BTC. As we know that  all coins depends on bitcoin, that is why some whale know how to pump and dump. They have a lot of cash to control the market.
full member
Activity: 616
Merit: 100
September 12, 2018, 10:10:56 AM
I think there is a connection between them, because the whole market almost depends on the mood of the BTC rate. Once he grows up, so behind him immediately grows and everything else. It is worth it to fall in price, so he also pulls everyone to the bottom. What to do, that's such a strange dynamics. Until the end of not imposed why so and how long this will continue?
copper member
Activity: 61
Merit: 0
September 12, 2018, 07:24:59 AM
Is there any relationship between the two?
Whh must the fall of bitcoin after other altcoins?

Last time I began to notice that bitcoin falls in price by 10%, and altkoins by 30%. Even today bitcoin has decreased by 1%, and the price of altcoyins has decreased by 10%. There is a relationship between these crypto-currencies, but this dependence is not very good.
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