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Topic: Bitcoin down Altcoin down - page 29. (Read 4392 times)

full member
Activity: 420
Merit: 100
July 28, 2018, 05:53:04 AM
There is relation with bitcoin and altcoin, all altcoins price is related with bitcoin price, when bitcoin price go down the same time all altcoins price will go down wise versa also, most of the altcoins pair with bitcoin and bitcoin is the king of altcoin, bitcoin is the only cyrpto coin accept in online transaction with dollar,so crypto currency market is link with bitcoin price,the bitcoin is worlds first digital currency and only more peoples knows about bitcoin not about crypto currency.
newbie
Activity: 103
Merit: 0
July 28, 2018, 05:50:11 AM
Since most of the altcoins in the market are converted by Bitcoin or Ethereum, when investors enter the market to buy coins, they will first purchase BTC or ETH, NEO, EOS, etc. to convert other altcoins! This kind of ties are affecting the overall changes in the market!
copper member
Activity: 35
Merit: 0
July 28, 2018, 05:44:05 AM
Both of them are same in the market and they all are affected by any changes and influctuations in the market. Take it easy.
Whenever having any bad effects, the Crypt market will change response with the change in the whole market.
sr. member
Activity: 602
Merit: 251
July 28, 2018, 05:41:42 AM
Of course, the altcoins and bitcoins are interrelated. Usually when after significant growth bitcoin goes into the lateral triangle, and as we know this figure can change the trend in any direction, people start to reinvest in altcoins not to risk thereby causing their growth.
newbie
Activity: 168
Merit: 0
July 28, 2018, 05:36:47 AM
Bitcoin and Altcoin price value are down again?This is not new because Altcoin price depends on Bitcoin demand.
newbie
Activity: 112
Merit: 0
July 28, 2018, 05:34:28 AM
I believe that bitcoin is currently the dominant cryptocurrency . so everyone else is moving in on him.
member
Activity: 574
Merit: 10
July 28, 2018, 05:34:24 AM
Now a good opportunity even to track the growth of btc, and to buy altcoin. Since when the price fixes well, then all coins will be tightened. You can earn some money on this.
jr. member
Activity: 106
Merit: 2
July 28, 2018, 05:32:33 AM
yes it is, because the whole market depends on bitcoin
full member
Activity: 352
Merit: 100
July 28, 2018, 05:32:11 AM
For me, I believe the reason for this is because bitcoin is the oldest crypto and other altcoin were built from it blockchain that is why it controls the price of altcoin but I believe in coming years, the altcoin will be able to also stand on their own and not be affected by the price of bitcoin.
member
Activity: 322
Merit: 20
July 28, 2018, 05:28:10 AM
Yes, today the market is going down. The altcoins are very much cheaper. I think that at the moment it's better to fix the capital in the stable token of USDT or USD.
I believe that the price of the altcoin really depend on the bitcoin price. The bitcoin is the price basis of all coin on crypto feild if bitcoin falls down the altcoin price is also falling down. So then I believe that the altcoin depend on the bitcoin market. If bitcoin failed the altcoin will also failed.
full member
Activity: 448
Merit: 100
July 28, 2018, 05:27:39 AM
I think it's not so fair because I observed that every bit of Bitcoin rises so altcoin will not go up otherwise Bitcoin corrects a little almost all altcoin will experience a profound decline so that the price difference with Bitcoin will be left behind, then how altcoin's fate can still compete in the share market if the price is always like that?
sr. member
Activity: 602
Merit: 250
July 28, 2018, 05:24:36 AM
Yes, today the market is going down. The altcoins are very much cheaper. I think that at the moment it's better to fix the capital in the stable token of USDT or USD.
newbie
Activity: 219
Merit: 0
July 28, 2018, 05:21:53 AM
Yes. It is true that bitcoin and altcoin are down. In my research I found bitcoin price is the factor behind the reduction of the prices of other coins. This shows that bitcoin in cryptocurrency is a determinant for other coins .that's if the price goes up today it will positively affect the price of altcoin.
full member
Activity: 1011
Merit: 128
Radix-The Decentralized Finance Protocol
July 28, 2018, 05:21:36 AM
This system has changed a lot in the process. While the bitcoin was rising in October 2017, the altcoins were constantly falling.
newbie
Activity: 19
Merit: 0
July 28, 2018, 05:18:06 AM
All altcoins are subject to bitcoin pricing. But at the moment when bitcoin prices are rising, altcoin prices are still falling and there is no sign of increasing
copper member
Activity: 378
Merit: 1
July 28, 2018, 05:15:26 AM
I wouldn't worry long term at all and probably short term either. If BTC price doesn't fall (my personal opinion, but I think it will not) then alts will go up within a few days maximum. We are starting to see it now already. Don't you worry, it's not worth it!
Go to livecoinwatch.com and check the 1h movement on alts, almost all of them are up.
legendary
Activity: 1848
Merit: 1009
Next-Gen Trade Racing Metaverse
July 28, 2018, 04:14:22 AM
Is there any relationship between the two?
Whh must the fall of bitcoin after other altcoins?
No there isn't any relationship between the two as the bitcoin prices fall first then the Altcoin prices fall and not the other way around. This also happen because the investors loose confidence in the Altcoin market after the fall of bitcoin and also some sell their coins to purchase bitcoin because of the sale going on in the dump phase of bitcoin.
newbie
Activity: 150
Merit: 0
July 28, 2018, 12:19:56 AM
Bitcoin is the parent of the cryptocurrency world and altcoin is a good counterweight in the world of cryptocurrency I think both are the same affect each other, so when bitcoin down then altcoin will also come down. The current crypto market is not good and bring bad impact to bitcoin and altcoin.
member
Activity: 866
Merit: 10
July 28, 2018, 12:07:18 AM
actually both are unrelated but most altcoin always see bitcoin if going up or down, in contrast to bitcoin that can go down or ride anytime he wants because he is king in crypto (that's just my thinking)
newbie
Activity: 181
Merit: 0
July 28, 2018, 12:05:08 AM
Is there any relationship between the two?
Whh must the fall of bitcoin after other altcoins?
of course there is a relationship between these two coins, Bitcoin is the main coin and becomes the benchmark for all coins so if Bitcoin down then Altcoin also follow down as what is happening right now.
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