Bitcoin down Altcoin down - page 15.

AUruHM

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Quote from: hellyeahent on September 06, 2018, 12:14:00 PM

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?

Yes, BTC remains the real king of crypto. He is the sun for the digital universe, this fact simply needs to be acknowledged. Almost all the altcoins in the crypto market today depend on the tariffs of BTC and Ethereum, they largely determine the vector and pace of the development of the crypto market.

Normal correlation Wink

But not from ETH because ETH self goes for BTC. It have strong price correlation also with BTC. That's why we have one crypto driver - BTC But when we will get coins with the low correlation it will be birth of the real crypto market. Personally I wait when it will happen

bitcoinmar

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Today we are justified once more why the decline of Bitcoin and most other altcoins also declined. When Bitcoin drops by 10%, many altcoins have fallen from 10 to 20 or even 30%

hellyeahent

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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?

Yes, BTC remains the real king of crypto. He is the sun for the digital universe, this fact simply needs to be acknowledged. Almost all the altcoins in the crypto market today depend on the tariffs of BTC and Ethereum, they largely determine the vector and pace of the development of the crypto market.

max fray

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JOIN THE NEXT MEGATREND IN CRYPTO!

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 a natural tendency - when bitcoin goes down so do the alts because everybody tries to exchange altcoins to btc.
We are actually witnessing now such a situation - investors are getting rid of their alts to buy some cheap btc.

Downloaded

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Indeed, the data of the crypto market and my experience here confirm - there is really strong connection between altcoins and BTC, which must be taken into account. After all, without BTC altcoins can disappear altogether. Today, BTC is the backbone of the entire crypto market. Therefore, it is his price that directly affects the overall state of the market.

nepeso

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Yes, I believe that the general dynamics of prices and the state of the crypto market largely depend on the state of BTC. But here you need to consider the rule - altcoins depend on the prices and dynamics of the BTC. However, Bitcoin itself is practically independent of the altcoins prices, this is confirmed by my personal observations.

oOVVVVVVVOo

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Quote from: ice098 on September 04, 2018, 06:28:55 AM

Quote from: Superturacoin on September 04, 2018, 06:15:04 AM

Quote from: Niobeh on September 04, 2018, 05:53:20 AM

Quote from: hanapre on July 31, 2018, 09:33:30 AM

I think many Altcoin are traded with Bitcoin. So once the price of Bitcoin falls, it will bring the effects of that relationship. When I see the market, Bitcoin increases the price but Altcoin will go down. I think it starts just Altcoin that goes down and recovers to raise prices like Bitcoin.

For me, this is just a normal because it was decentralized which the market will only who can decide, I'm not saying that this is the time to let go cryptocurrencies but instead of that you must hodl all your coins and if there's a fluctuation then sell all your coins.

Actually, all coins are down and we don't know when to fluctuates again but most of the strategies by individuals is to hodl for and taking long term investment. I hope all coins may recover immediate in this year.

Its normal in crypto price once Bitcoin goes down Altcoin is also goes down, so since its falling I think you should hold it for a while until the price of them goes up again. Don't worry about its falling because surely it will rise soon which is always happenend like what the situation happen now. The price right now is pumping after its long time falling, in other words even its falling in the end it will gradually rising.

It does not always work out that way, as you say. Then everyone would have been in profit. And so many coins disappear from the market. And participants sometimes lose (

success65

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I believe the entire market reacts in 1 direction most coins fall. this is not why it seems that everything falls after bitcoin.

Dewar Noise

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but in my opinion not all altcoins depend on the price of bitcoin, there are also altcoins that experience price increases when btc has decreased in price, and what makes me confused this time is the current price of btc is rising and usually when btc rises eth will also rise , but now even the price of eth does not increase, somehow it can be like that.

ladaturekova

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BTC's dominance is too much hard on the crypto market and alternative cryptocurrencies are so dependent from it. For me ETH has all characteristics and potential for replacing BTC and helping altcoins become independent.

Niobeh

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Quote from: hanapre on July 31, 2018, 09:33:30 AM

I think many Altcoin are traded with Bitcoin. So once the price of Bitcoin falls, it will bring the effects of that relationship. When I see the market, Bitcoin increases the price but Altcoin will go down. I think it starts just Altcoin that goes down and recovers to raise prices like Bitcoin.

For me, this is just a normal because it was decentralized which the market will only who can decide, I'm not saying that this is the time to let go cryptocurrencies but instead of that you must hodl all your coins and if there's a fluctuation then sell all your coins.

Happydd

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I think bitcoin still has a great influence on the world of electricity itself. As bitcoin prices decrease, other coins also decrease. Bitcoins are still high compared to other coins. The number of people investing in bitcoin is enormous.

lousie9

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Obviously interconnected because Alt prices always follow the price of BTC and if we see that it is sometimes unfair why I say like that You try to notice when BTC rises high it will be followed by several altcoins increasing and that also varies percentage increases for example Btc rises to more than 7 % then there are some altcoins that have increased by 50% but after an increase in BTC if it experiences a correction of only 3% of bitcoin then all altcoins will experience a very sharp decline.

paul gatt

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Right. As bitcoin plummeted, other coins fell. Bitcoin has a great impact on the world of electronic money. All altcoins are dependent on bitcoin.

bagas79

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In my opinion, the fall in the price of Bitcoin in exchange always affects the altcoin, and that always happens. Many things were unexpected when the price of Bitcoin fell

Pendularin

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Quote from: Niobeh on September 04, 2018, 05:53:20 AM

Quote from: hanapre on July 31, 2018, 09:33:30 AM

I think many Altcoin are traded with Bitcoin. So once the price of Bitcoin falls, it will bring the effects of that relationship. When I see the market, Bitcoin increases the price but Altcoin will go down. I think it starts just Altcoin that goes down and recovers to raise prices like Bitcoin.

For me, this is just a normal because it was decentralized which the market will only who can decide, I'm not saying that this is the time to let go cryptocurrencies but instead of that you must hodl all your coins and if there's a fluctuation then sell all your coins.

Basically that's what will be happening during the fluctuations and with Bitcoin's current market altcoins also trading bitcoin to altcoins, so definitely well able to witness the effect of buy and sell activities which caused price to go down.

Cairo18

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Yes, I think all coins are the same that is red. Bitcoin itself is down now, i think all will just follow. I think its because bitcoin is the first digital currency. However, all crypto currency have the same trend that needs a huge demand to increase the price.

ooeygooeygold

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Quote from: Superturacoin on September 04, 2018, 06:15:04 AM

Quote from: Niobeh on September 04, 2018, 05:53:20 AM

Quote from: hanapre on July 31, 2018, 09:33:30 AM

I think many Altcoin are traded with Bitcoin. So once the price of Bitcoin falls, it will bring the effects of that relationship. When I see the market, Bitcoin increases the price but Altcoin will go down. I think it starts just Altcoin that goes down and recovers to raise prices like Bitcoin.

For me, this is just a normal because it was decentralized which the market will only who can decide, I'm not saying that this is the time to let go cryptocurrencies but instead of that you must hodl all your coins and if there's a fluctuation then sell all your coins.

Actually, all coins are down and we don't know when to fluctuates again but most of the strategies by individuals is to hodl for and taking long term investment. I hope all coins may recover immediate in this year.

Restoring altcoin requires a lot of factors and most importantly, a great deal of new and great investment is made in this market to help grow the altcoin. I would hope that would happen but investors should be prepared for the psychology because the fluctuations can happen at any time and investors can lose everything if only invest in a kind of coin.

Falconet

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Well, there was definitely a tendency on altcoins to increase in price when bitcoin pumped, but they are more independent now, maybe because some of them are offering some innovative ideas of their own.

TheWolfCrypto

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There is an indirect correlation between bitcoin and litecoin. It lies in the fact that investing in altcoin invest in bitcoin in parallel, and when withdrawing funds from cryptocurrencies withdraw money from both categories.

Topic: Bitcoin down Altcoin down - page 15. (Read 4399 times)