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Topic: Bitcoin down Altcoin down - page 21. (Read 4392 times)

member
Activity: 588
Merit: 10
Decentralized Ascending Auctions on Blockchain
August 15, 2018, 11:13:14 PM
initially they both form a pattern that is aligned. When the bitcoin has decreased, then the altcoin ride. So did the opposite. However, lately the two are thus mutually down simultaneously. and I think this means the market began to collapse.
member
Activity: 260
Merit: 10
August 15, 2018, 11:08:17 PM
that is because, it is interrelated but when btc stable alt starts rising and I think now is the right time to buy and save for long trem maybe 2 year.
member
Activity: 392
Merit: 10
August 15, 2018, 11:07:29 PM
I think it has something to do with Bitcoint lowering Altcoint, if the bitcoint price drops then all altcoints will also go down and vice versa, now bitcoint drops all altcoints down, fluctuating naturally in cryptocurrency
newbie
Activity: 169
Merit: 0
August 15, 2018, 10:59:28 PM
yeah i see it in the trade market !! bitcoin goes down and altcoins too goes down and down!! i think bitcoin have low demand in trade market !! but lets wait for the bitcoin fever in this next month!!
member
Activity: 132
Merit: 10
August 15, 2018, 10:56:49 PM
You can see that the market value of bitcoin has returned to half of the market. This shows that the value of other coins has been greatly reduced. People began to buy bitcoins again to avoid some risks.
full member
Activity: 364
Merit: 100
August 15, 2018, 11:53:18 AM
Is there any relationship between the two?
Whh must the fall of bitcoin after other altcoins?
Of course there is a connection between bitcoin and the rise in altcoin prices on the market. bitcoin is the king of all atlcoin and is a role model for all altcoins to grow.
anytime because crypto currencies are volatile where prices will change significantly from time to time without us knowing. if bitcoin is according to some other altcoins it will follow and vice versa.
newbie
Activity: 322
Merit: 0
August 15, 2018, 11:41:02 AM
As I can see bitcoin to the floor needs to stay and then followed growing up ! I just fear the situation with USDT they again issued his coins and bought !
full member
Activity: 412
Merit: 100
The Protocol for the Audience Economy
August 15, 2018, 11:36:52 AM
Now most likely the only relevant one. Now all falls. I hope that this process will end soon. But I'm losing hope.
sr. member
Activity: 661
Merit: 251
August 15, 2018, 11:27:02 AM
The most common scheme extruding investors with altcoins. When the cue ball falls, then fall all the Altos, but now also with the growth of cue the violas are down again. So it is not clear what to do in this situation
full member
Activity: 378
Merit: 109
August 15, 2018, 11:00:22 AM
Bitcoin is a noteworthy digital currency in the crypto showcase. All altcoin depends on the bitcoin. So Bitcoin is extremely essential to other all altcoins. We can see an incredible case for that one on the grounds that the current BTC cost is around 7000 - 8000$ and altcoin are in low costs. The primary reason is the BTC cost goes down.
member
Activity: 490
Merit: 10
August 15, 2018, 10:49:43 AM
As far as I know bitcoin is a coin at the top of crypto. The price of bitcoin is used as a guideline for altcoins. If the price of bitcoin rises, the altcoin will leave, but if bitcoin falls, the price of the altcoin will fall very deep.
member
Activity: 672
Merit: 10
August 15, 2018, 10:48:27 AM
I think the fact on the market like it. now all altcoin down because the market is flagging even every day there's always a decline that occurred. We all hope these conditions will end soon and the market returns to normal.
sr. member
Activity: 616
Merit: 252
August 15, 2018, 10:46:03 AM
Altcoins fall everytime. I dont think that to buy altcoins is good decision. Maybe only in 2019 we will see new bull run, but untill that time i prefer to be in fiat and BTC (and all my alts that i am holding for a lot of times).
Crypto market is very manipulated and this bear market at alcoins - is just a part of big game.
newbie
Activity: 68
Merit: 0
August 15, 2018, 10:41:12 AM
Bitcoin controls the market. The performance of the alts partially depends on Bitcoin performance.
full member
Activity: 616
Merit: 100
August 15, 2018, 10:39:45 AM
it seems that the formula cannot be avoided, the only one that has the opportunity to rise is when the price of bitcoin is stable
member
Activity: 364
Merit: 10
Pawsome
August 15, 2018, 10:38:10 AM
Bitcoin is the parent of all cryptocurrencies, so it can be said that the price of altcoins depends on bitcoin, when the price of bitcoin down, it is certain that the price of altcoins is also down and vice versa.
jr. member
Activity: 200
Merit: 1
August 15, 2018, 10:33:02 AM
Yes it is true. The current market situation is not promising but there is hope that everything will better. Bitcoin is down definitely altcoins will be down as well because it is bitcoin that controls the price. Anything happened to bitcoin be it positive or negative will have effect on altcoins.
member
Activity: 275
Merit: 11
August 15, 2018, 07:27:37 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.
newbie
Activity: 79
Merit: 0
August 15, 2018, 10:30:02 AM
BTC price will always be related to altcoins, because we trade them for BTC. But when BTC will start the next bullrun, I expect altcoins to get back some dominance on the market. Actually BTC is a "safer investment" that's why it took some dominance over others.
jr. member
Activity: 107
Merit: 1
August 15, 2018, 10:27:38 AM
The link there is, but more psychological. Many popular alternative currencies are initially better than Bitcoin, but their decline following the main currency is often caused by panic.
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