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Topic: Bitcoin down Altcoin down - page 23. (Read 4392 times)

newbie
Activity: 378
Merit: 0
August 11, 2018, 03:26:05 PM
Bitcoin is king in the crypto market, all altcoins have trade code with bitcoin so when bitcoin increases or decreases the value of altcoins will adjust accordingly. When Bitcoin drops people will sell to BTC or usdt if they are good altcoins that make the altcoins lose value. In addition to the fact that there are no new funds poured into the altcoins, trading volumes fell to the value could not increase.
newbie
Activity: 98
Merit: 0
August 11, 2018, 03:15:39 PM
Generally, we see that when bitcoin price fall then almost other cryptocurrencies will fall as well because bitcoin is the first and the best cryptocurrency at the moment. It is also true that there are some altcoins that don't depend on the bitcoin price!!!!!
newbie
Activity: 25
Merit: 0
August 11, 2018, 03:15:34 PM
Bitcoin is the first and dominant crypto currency. All crypto-currencies live in a single market, so fluctuations in the dominant currency will certainly affect all others.
member
Activity: 252
Merit: 10
pantang menyerah
August 11, 2018, 03:13:13 PM
In 2018, Cryprocurrency has experienced a price reduction many times, and what currently happens in my opinion is a very deep decline, especially for ethereum, I am fortunate enough to have sold some of the crypto that I had before this storm occurred. And now is the time waiting to buy back.
full member
Activity: 420
Merit: 100
August 11, 2018, 03:09:39 PM
Of course there is correlation between them. BTC is the main crypto curenmcu so it’s no wonder that thery are connected. You have to consider the BTC rates when you manipulate other currencies.
sr. member
Activity: 714
Merit: 250
August 11, 2018, 03:05:51 PM
The behavior of bitcoin sets the trend of the whole market of altcoins . Therefore, when a bearish trend of bitcoin, all altcoins are also coming down.
newbie
Activity: 182
Merit: 0
August 11, 2018, 02:54:39 PM
when bitcoin down, traders take advantage of dip.The sell altcoins to buy bitcoin at cheap rates. Sometimes bitcoin goes up but still altcoins down.It happens when bitcoin dominance increase.
jr. member
Activity: 498
Merit: 1
Worlds Simplest Cryptocurrency Wallet
August 11, 2018, 02:52:52 PM
From what I been able to deduce from the market movements, I have to say that altcoins and Bitcoin are somehow related because each movement of Bitcoin has a direct effect on altcoins.
jr. member
Activity: 68
Merit: 1
August 11, 2018, 02:49:39 PM
To be honest, I did not ask this question, but I think that there is a partial connection, because Bitcoin is the most popular cryptocurrency and the success of its so far depends on the success of altcoins.
newbie
Activity: 46
Merit: 0
August 11, 2018, 06:56:59 AM
For me, I trust the purpose behind this is on account of bitcoin is the most established crypto and other altcoin were worked from it blockchain that is the reason it controls the cost of altcoin however I have confidence in coming years, the altcoin will have the capacity to likewise remain individually and not be influenced by the cost of bitcoin.
newbie
Activity: 47
Merit: 0
August 09, 2018, 05:51:03 PM
Almost the entire market is now tied to bitcoin, so there is always a connection between its fall and the fall of any other currency.
hero member
Activity: 896
Merit: 500
August 08, 2018, 07:07:38 AM
Bitcoin discounts have led to a drop in the price of the altcoin. As the market capitalization is down and investors are less likely to trade, Bitcoin is at risk of slipping because of weakening liquidity. Just a shark with a capital of 10 thousand BTC, valued at approximately $ 100 million, has fallen.
sr. member
Activity: 1400
Merit: 283
DGbet.fun - Crypto Sportsbook
August 07, 2018, 07:39:48 PM
The whole market is interconnected, and when bitcoin falls, all other currencies react. This is normal and nothing can be done about it, only to accept it
No doubt about that as you said this was normal ill think yes it is, We don't need to panic on why the bitcoin and altcoins falling down the prices. Actually it will come back soon to rise again.
full member
Activity: 658
Merit: 100
August 06, 2018, 04:26:15 PM
yes usually when bitcoin drop in price alt drop as well and when it's up nothing move except him this is the nature of this market good luck with your investment Smiley
newbie
Activity: 45
Merit: 0
August 06, 2018, 03:48:14 PM
Altcoin and bitcoin exist in the same market, and both are cryptocurrencies. there will always be a connection between them. But this has not been proven by actual research. However, seeing the market model in recent years, it can be said that when the price of bitcoin changes the price of ALT coins, it changes too.
full member
Activity: 434
Merit: 100
August 04, 2018, 05:35:21 AM
Is there any relationship between the two?
Whh must the fall of bitcoin after other altcoins?
For the normal functioning of the market, alternative currencies must exist. When the price of bitcoin increases, the price of altcoins falls. You can count on the growth of alts in the case of bitcoin lateral movement.
full member
Activity: 462
Merit: 101
August 06, 2018, 03:43:46 PM
Yes!  It is direct link between Bitcoin price and Altcoins. Most of Altcoins is traded vs Bitcoin and if Bitcoin price is falling it is mean the Altcoins price is falling automatically.
newbie
Activity: 41
Merit: 0
August 06, 2018, 03:39:09 PM
Altcoins almost always follow bitcoin. And there is also growing Bitcoin and altcoins are falling. Because people sell their coins to buy bitcoin.
member
Activity: 574
Merit: 12
Kuvacash.com
August 06, 2018, 02:49:46 PM
Bitcoin and Altcoins are both down....yea that has been the trend in the past and may likely be what we will be seeing in the future until  altcoins are able to stand independently. The only relationship between the two that I can remember now is the fact that bitcoin is used in purchasing most Altcoins tokens.
member
Activity: 154
Merit: 10
X-Block.io
August 06, 2018, 02:39:54 PM
Yea, bitcoin and all altcoins are falling down, right now is very sad to watch of graphics. Im trying not to check my portfolio because each day i see only money lost and no pump. I really hope it will change soon
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