Topic: Bitcoin down Altcoin down - page 25. (Read 4399 times)
In my opinion, yes, there are some relation between the bitcoin and altcoin price. We can see that many people still look at the Bitcoin rate as the standard of the cryptocurrency. This coin is also commonly used for the transaction. So, i think so, the altcoin price follows the BTC.
They have impact together because they are same coins, then they are affected by the market.
Is there any relationship between the two?
Whh must the fall of bitcoin after other altcoins?
The king of coin is BTC. When BTC down all alt down too. The market really depends on demand of btc. That is why btc is the most popular coins. the infrastructur have widely used by traders, merchants, and other apps. When there is a coin that can build such massive infrastructur I think the coin will not depend on btc price. Whh must the fall of bitcoin after other altcoins?
This is because the movement of bitcoin dictates the flow of all other altcoins. Bitcoin has a market cap that dwarfs other altcoins and so when it goes up, it irrevocably keeps other alts down. Same happens when it goes down. The only time alts can have breathing space to go up is when the price of btc stabilizes
Today, the falling is the trend of the total market as a whole, given the lack of a positive news fund or new "trading opportunities". Bitcoin should show something new like Bitcoin ETF
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?
Of course there is.
Bitcoin is the primary and most important crypto out there today. It was the thing that started this whole industry and is probably the one crypto currency that almost everyone trusts entirely in this sector. It has had lasting power and survived countless attacks in its time.
Think of it as the gold in crypto.
So whenever markets are uncertain about the future and people want to avoid risk or safely park their money, than this is bitcoin becomes the go to coin to hold. This is why you are now seeing a massive altcoin sell off with most funds moving into btc right now
I also noticed the trend when bitcoin goes up, altcoins down, and bitcoin down, altcoins down too
Alcoins decrease in price despite the fact that bitcoin still started at least some sort of upward movement. I can not understand why ETH, does not become more expensive, why it is not bought? It's strange, because earlier ETH very often repeated the movement of BTC
certainly related, bitcoin affects all altcoin if bitcoin decreases then altcoin down. but it can happen but only a few of the new coins are rising high when bitcoin prices go down, perhaps because demand for the coin is so much that it can affect the price. but here I emphasize that everything is very dependent on bitcoin for ups and downs of prices.
bitcoin has been binding the market from time to time until now, therefore, bitcoin will greatly affect the development of altcoins that have entered the trade.
Now the market is falling strongly, I think that soon bitcoin will again cost 4-5k, and altcoins will become cheaper even more. The market continues to grieve.
Although market of both coins decreases still they are one of the most popular and more interesting in future because it can take good profits ,all we need to Do is be willing to wait and have a good emotions and positivity in such technology.
The market is shaking in different directions, it is unconditional. But always after the fall follows the rise. New players come and everything becomes more interesting. Well, yes, we are waiting for a long time, so what now to do. All bets at the end of the year. The market is dominated by sellers, not buyers, so the price will fall. And this fall can lead to the renewal of the low of 2018.
Now the market is falling strongly, I think that soon bitcoin will again cost 4-5k, and altcoins will become cheaper even more. The market continues to grieve.
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?
Will in my own perception once the bitcoin is down the others crypto coins also been affected,thats whybthis happen in etherium i heard a news feed thats wallmart the one most popular and known hypermarket all over the worlds is selling a huge bitcoin and change to fiat currency thats why the crypto market is goinh down now and this happenthe bitcoin is affected and dump also the etherium and the other coins would been carried away of this wall mart selling bitcoin,therefore in this i discover i've been wonder and amazed now thats wall mart is the true living hypermarket or departments store accepting crypto currency transaction.
If this happens that the company of bitcoin and ethereum is in the down situation then it is horrible that the two fame company are in down fall meaning they are one company that compete with them.
The thing is all altcoins trading in pair with ethereum or btc, and btc trade with eth, so because of that if btc or ethereum down, then all altcoins down!
the relationship is the same, but I, according to my personal guidance, there is always a period where the period will rise and where the time will come down, that's us as traders in bitcoin and altcoin
I do not think that . As far as I'm concerned at the moment the price of the BTC goes up while the altcoin coins are stuck in place. So this is not right to say so.
This is a natural thing because it all starts with Bitcoin and all other Altcoin types will follow the market price on Bitcoin and will have a nice and bad impact on what happens with Bitcoin.
I think this is just a market fluctuation. The market will soon stabilize and recover. We should be patient and hold on until prices rise. I believe that by the end of this year the market will boom and Bitcoin will reach over $ 20000. Now is a great opportunity for us to buy Bitcoin and low altcoin. The altcoin that I will buy is Ethereum, EOS, Cardano and Monero.
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