Topic: Bitcoin down Altcoin down - page 19. (Read 4399 times)
correct the market prices are highly dependent on BTC. With large capitalization, BTC enough to dominate the market, large fluctuations and prices plummeted BTC can make alcoin shaken
bitcoin has a great influence on altcoins so altcoins follow the price of bitcoin.
There is a connection between all cryptocurrencies. Especially between bitcoin and altcoins, so there is certainly a connection.
Usually when Bitcoin is beginning to grow strongly all other coins and tokens are sifted in price. This is due to the fact that everyone is starting to buy bitcoin.
bitcoin has a great influence on altcoins so the prices of altcoins repeat the price of bitcoin.
Every ALT is tied to BTC for the most part. Unless there are people fleeing from "ALT" to BTC, then the price will go up as Sat value stays the same, but BTC price goes up. Only when people exit their ALTS will BTC be the only green figure. Today just shows that money is going into BTC, and everything else is being inflated because of its trading pair. Hence why the market cap really isn't an ideal indicator of the market, but rather BTC dominance is.
There are lot of significant factors between this two Coins if the market price will drop down it affects to both of them even in other coins not mentioning it takes affected if bitcoins down..
Bitcoins and altcoins have a lot of significance and impact. At whatever point the bitcoin rate diminishes, the altcoins diminish and, at times, the bitcoin rate diminishes, the altcoins increment, and the altcoins increment, the bitcoin diminishes quickly. This relies upon the season of the market. For the most part, the swapping scale will increment when one of the two cryptos increment or decline.
Altcoins will follow Bitcoin. Bitcoin is the first coin in the cryptocurrency market and Bitcoin capitalization is the highest.
It seems to me that there is a gradual division of the cryptocurrencies into two markets. The first of these is the less volatile bitcoin market, and the second market highly volatile altcoins.
Now the whole market is falling, but this is not a cause for excitement, because I believe that the market will go up. We must show maximum patience in order to get a good profit.
Is there any relationship between the two?
Whh must the fall of bitcoin after other altcoins?
I was thinking that right until the moment of August 2018 when the Bitcoin jumps up at almost $1,500 while Ethereum and all the cryptocurrencies were staying at the same level and even falling. Whh must the fall of bitcoin after other altcoins?
I agree with you. In my oponion altcoin market is depend on bitcoin. If bitcoin will pump altcoin will pump. If bitcoin down altcoin will down gradually.
Since market combine one just different name. Even one negative news affect all the coins. From 2017 many good people making indirectly up and down. Last from the December market just trying to get stable and bump to next milestone. Hope before this December will happen soon.
Is there any relationship between the two?
Whh must the fall of bitcoin after other altcoins?
Whh must the fall of bitcoin after other altcoins?
bitcoin and altcoin are interconnected, so if there is a price change in bitcoin it will usually affect the altcoin. look at the market today, bitcoin has decreased and the altcoin is also the same.
altcoin will definitely follow the price of Bitcoin, if bitcoin falls then the altcoin falls, the easy analysis is if the bitcoin is destroyed then the altcoin will disappear.
When bitcoin grows, altcoins also fall. I am very annoyed by this dependence. I understand that bitcoin is the first crypto currency, but its technologies are already inferior to top altcoins. People know this but still choose bitcoin
Yes, bitcoin goes down, and everything pulls down, now it is so, since everything is now tied to bitcoins, since bitcoin is now the main tool,and I can say that in the near future 1 year, a maximum of 2 years is not what will not change
Based on market prices, altcoin prices always follow Bitcoin. Here, we can see that Bitcoin still holds a big influence on the altcoin. In addition, many platforms or exchanges also use BTC as one of the payment methods to buy altcoins and other cryptocurrency.
I think it's true that everything is related. every bitcoin price drops, the price of the altcoin that has a bitcoin platter also decreases.
I think the main factor is because bitcoin is a role model for existing altcoins.
I think the main factor is because bitcoin is a role model for existing altcoins.
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