Topic: Bitcoin down Altcoin down - page 24. (Read 4399 times)
More bitcoins, but oldoini still shot down. They don't seem to follow the bitcoin recovery trend, which is surprising as they always keep a close eye on them before. Usually with the fall of bitcoin then there is a fall of altcoins, and with the growth of bitcoin there should be a growth of altcoins, so I do not understand what is happening with the market
Today BTC once again decreased deeply. The market does not seem very promising for.
I think there is a way the price of bitcoin affect the price of altcoins, probably because bitcoin is the foundation that gave birth to altcoins. It has always been a norm, when the price of bitcoin is down, altcoins follow and vice versa.
Bitcoin is holding up pretty nicely. A correction to 7300 after going from 5700 to 8500 is ok. It's the alts that are melting down.
yeah every time the bitcoin goes down the subcoin. But later on when the bitcoin is on the spot, the subcoins are rising. I hope this happens again as usual. Good luck everybody.
Is there any relationship between the two?
Whh must the fall of bitcoin after other altcoins?
I think so because if the price of Bitcoin goes up by 25%, the price of all other cryptocurrencies, in relation to Bitcoin, will tend to go down by 20%. It’s just automatic.Due to Bitcoin's massive market share in the cryptocurrency industry. Other cryptocurrencies follow the main ones because there are very many inherent risks in the crypto space as a whole. Whh must the fall of bitcoin after other altcoins?
Now they are back up, maybe the market will never raise the breed by the end of 2017, but there is still room for up to $ 10,000. so for under $ 8000. you should buy.
Yes there is most certainly a direct connection between the two. Bitcoin came first and will go last. This means that it's almost taken for granted that the altcoins will go to 0 before bitcoin does. Bitcoin was, is, and will always be king. As great as some altcoin projects may seem, nothing comes close to bitcoin and that I feel will be the case for a long, long time.
There is a cross-connection between these cryptocurrencies. When the price of Bitcoin is growing rapidly, the price of Altcoin is also falling rapidly due to the outflow of funds in Bitcoin. With a moderate decrease in the price of Bitcoin, the price of strong Altcoin increases due to the outflow of funds from Bitcoin and weaker Altcoin. The rapid depreciation of Bitcoin provokes a depreciation of Altcoin.
He shouldn't. On the contrary alcony fall after bitcoin. And what's worse, when bitcoin starts to grow altcoins will fall again. People will try to sell their altcoins and buy bitcoins.
whatever the relationship between btc and altcoin, but as far as I know the price of altcoin depends on the price of btc because when viewed from the rise and fall of altcoin prices it depends on the price of BTC, if the price of BTC rises then the price of Altcoin will also rise, and vice versa, if the btc price drops then the altcoin price, will also go down.
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?
Since bitcoin is the main currency in dealing cryptocurrency, then all of the altcoin transactions will base on bitcoin. The fall of bitcoin price will surely followed by the fall of altcoin prices as we had witness that many times.
This is a pattern that exists on the market today and is used by people who know how to manipulate the market. This is how the manipulation via BTC occurs, but nothing can be done about this yet.
Is there any relationship between the two?
Whh must the fall of bitcoin after other altcoins?
It is due to the fact that there are always trading pairs between bitcoins and the altcoins so when the price of bitcoin goes down it is only normal that the price of altcoins follows the same trend too. Whh must the fall of bitcoin after other altcoins?
While in the minds of the masses Bitcoin=Cryptocurrency. They are not aware of the existence of others, and if the trust in Bitcoin falls, then the entire cryptocurrency reacts as well.
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?
I think when bitcoin falls it has also drag down the altcoins. As the main coin in the market it has alot to do with the trading. It could affect since most of the people trade alts for bitcoin or bitcoin for alts and this way when the bitcoin price falls it could drag alts down.
I do not know but what I see all along, bitcoin price is very influential on altcoin price, if bitcoin price rises then almost all altcoin price will go up and when bitcoin price decrease then altcoin price will decrease
Yes it has happened and is often found in this year. decreased bitcoin greatly affects altcoin prices. I see the biggest decrease in altcoin this year due to unstable bitcoin prices.
For now, I see the price of Altcoin depends on the price of Bitcoin. I do not know why this really happened in the market. Probably because Bitcoin is still the master coin of all Altcoin, so when the price of Bitcoin decreases then the Altcoin price goes down too.
This is because people deduce their money into the dollar when the fall begins. Therefore, bitcoin and other coins begin to fall.
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