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Topic: Bitcoin down Altcoin down - page 16. (Read 4413 times)

hero member
Activity: 1498
Merit: 586
September 04, 2018, 06:28:55 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.
jr. member
Activity: 280
Merit: 1
September 04, 2018, 06:15:04 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.
jr. member
Activity: 261
Merit: 2
September 01, 2018, 03:58:38 PM
Value of altcoin is depand on bitcoin.. Bitcoin is a best coin in whole crypto currency.If price of bitcoin are increase price of all altcoin are also increase at that time all coins price is low..but you should hold it.Price may be increase definately.
sr. member
Activity: 665
Merit: 250
September 01, 2018, 12:34:56 AM
Is there any relationship between the two?
Whh must the fall of bitcoin after other altcoins?
in my opinion the cryptocurrency has the main coin guidelines and the possibility of the coin is the highest coin in the cryptocurrency market
member
Activity: 294
Merit: 10
September 01, 2018, 12:29:46 AM
What more could you expect to cryptocurrency? Cryptoworld is shaking because some issues around the world about cryptoworld is still unresolved. Investors mistrust cryptoworld.
this is what i'm trying to point out. that the bitcoin is very important not only to the cryptocurrency industry but for us too. if the bitcoin gone i am sure it will not only a big affection but mass or in the worst case this industry would be gone . because all alternative coins are only depend in the price of bitcoin and if all coins are gone there's no reason to stay.

Bitcoin will not be gone, and in fact this will be ghe the most and demand currency in the world right now when it comes to profitable investments. If that happens it will be abolish or will be removed from our financial systems, I guess many people will become disappointed with that. Many holders didn't dump their coins in order for the value to rise even double or even triple.
newbie
Activity: 38
Merit: 0
September 01, 2018, 12:18:55 AM
Bitcoin is the king of all cryptocurrencies, it dominates. When bitcoin prices fluctuate, all cryptocurrencies will fluctuate, so I think all cryptocurrencies follow the bitcoin movement.
sr. member
Activity: 979
Merit: 258
September 01, 2018, 12:17:22 AM
What more could you expect to cryptocurrency? Cryptoworld is shaking because some issues around the world about cryptoworld is still unresolved. Investors mistrust cryptoworld.
this is what i'm trying to point out. that the bitcoin is very important not only to the cryptocurrency industry but for us too. if the bitcoin gone i am sure it will not only a big affection but mass or in the worst case this industry would be gone . because all alternative coins are only depend in the price of bitcoin and if all coins are gone there's no reason to stay.
full member
Activity: 461
Merit: 100
September 01, 2018, 12:12:36 AM
What more could you expect to cryptocurrency? Cryptoworld is shaking because some issues around the world about cryptoworld is still unresolved. Investors mistrust cryptoworld.
jr. member
Activity: 142
Merit: 1
September 01, 2018, 12:00:32 AM
there is no way that bitcoin will fall in price and it will not affect other alt coins, bitcoin is the father of all alternate currencies and above all, it has more adoption more than the others, so it affects others.
hero member
Activity: 812
Merit: 501
August 31, 2018, 11:56:12 PM
Is there any relationship between the two?
Whh must the fall of bitcoin after other altcoins?
BTC is the leader. Yeah 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. 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.
newbie
Activity: 121
Merit: 0
August 31, 2018, 11:43:39 PM
Both bitcoin and altcoin are the two cryptocurrencies. BTC is the first cryptocurrency. When price of the bitcoin falls down then the price of  altcoin will also be down. Because all the altcoins are follow the BTC. There prices can effect all the other altcoins.
newbie
Activity: 28
Merit: 0
August 31, 2018, 01:43:49 PM
Yes, Altcoins followed the Bitcoin exchange rate - Bitcoin falls, Altcoins fall. All cryptocurrencies focus on Bitcoin because Bitcoin is the most famous cryptocurrency.
jr. member
Activity: 146
Merit: 1
August 29, 2018, 02:40:16 AM
When bitcoin goes down, almost everything goes down.

All the counterfeits depend on bitcoin, and if it goes down all the markets will go down. So be patient, it's not permanent at all.
hero member
Activity: 752
Merit: 501
August 30, 2018, 12:22:20 PM
That is usually what happens. You see all of the altcoins have trading pairs with bitcoin so whatever happens to the price of bitcoin is always affecting the price of all of the altcoins. This is why you see that any recovery or bull market always starts with the price of bitcoin going up. The whole of the market pretty much depends on the price of bitcoin for their own prices.
newbie
Activity: 84
Merit: 0
August 30, 2018, 06:59:17 AM
Crypto market is so complicated.Most of them are closely related by pair and price with BTC. Traders also scared to trade when BTC is going down.
member
Activity: 350
Merit: 10
August 29, 2018, 09:57:36 PM
Is there any relationship between the two?
Whh must the fall of bitcoin after other altcoins?

I think the prices of bitcoin and other altcoins have generally similar movements. But in the last few months, I can not see similarity between the price of bitcoin and an another altcoin, for example ethereum. In my opinion, the next movements can maybe show us some differences.


It is precisely if I observe that the relationship between altcoin and bitcoin is very closely related so that they influence each other.
in a state of bitcoin dropped where many altcoins were affected and fell. although there are also altcoins that survive but are relatively very few.


I notice that if bitcoin is down, all the altcoins follow. Its like a domino effect in the crypto world, Its been long months that we have struggled for the market price and it don't even go up to a high point we expect. I hope before the year ends it will definitely rise up again.
sr. member
Activity: 468
Merit: 250
August 29, 2018, 09:27:43 PM
Bitcoin is the parent price of cryptocurrencies, if the price of bitcoin rises it will also lower the price of altcoins and vice versa, I hope that cryptocurrencies can be independent and not dependent on bitcoin so that the development of crypto is better and more profitable.
hero member
Activity: 1302
Merit: 540
August 29, 2018, 09:24:38 PM
There has been a lot of speculations going on that the price of bitcoin relatively affects that of altcoins, and I can't help but agree with this theory. We have see that a direct rise in the price of bitcoin, causes a rise in altcoin, and a fall in bitcoin also relatively affects altcoin. This probably shows that the success of these altcoins or their growth are somewhat based on the technology that is bitcoin.
They are related as mention from most of us who'e been here for quite a while, any movement that btc goes alts always accompanied and been moved, but is not always in case of bitcoin rise sometimes traders and holders sell out their alts for btc when seeing that btc already gaining value, we need to
invest wisely and always base our decision with our own analysis.
jr. member
Activity: 294
Merit: 6
August 29, 2018, 09:17:58 PM
There has been a lot of speculations going on that the price of bitcoin relatively affects that of altcoins, and I can't help but agree with this theory. We have see that a direct rise in the price of bitcoin, causes a rise in altcoin, and a fall in bitcoin also relatively affects altcoin. This probably shows that the success of these altcoins or their growth are somewhat based on the technology that is bitcoin.
member
Activity: 532
Merit: 10
August 29, 2018, 03:10:49 AM
between those two things for sure the exact relationships difficult known or predictable. but obviously, if bitcoin ride gives an impact also on altcoin whether it goes up or down. so could even say the increase and decrease of altcoin this will depend on how the movement of the bitcoin.
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