Topic: Bitcoin down Altcoin down - page 3. (Read 4399 times)
Right. Bitcoin is the king of all the coins. Decreasing bitcoin prices will lead to falling coin. This is inevitable. You see that in 2018 bitcoin prices fell sharply, which made the electronic money market difficult. Investors do not buy coin anymore. So Bitcoin is having a huge impact on electronic money. If bitcoin disappears, it will cause unpredictable consequences.
most are influenced by BTC, because BTC is the king of cryptocurency and allcoint is the son of BTC, so if BTC allcoint goes down it will also feel the impact, we must continue to believe that this BTC will win the market again and allcoint will also go up again and all will be happy
Yes. It seems this is true. Bitcoin is having a huge impact on the electronic money market. Decreased bitcoin prices also reduced the overall altcoin. By 2018 bitcoin prices have fallen to half, and of course the price of other coins has also fallen. This shows that bitcoin is dominating the market. Bitcoin is the king of the coin. Managers should do all they can to make the bitcoin grow.
Because BTC dominates all Crypto if the price of BTC falls, the price of many altcoins will go down and if asked whether the relationship between the two coins is clear because they are interconnected because altcoin always follows the price of Bitcoin and Bitcoin is the parent of all coins in Crypto today.
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 there is, with Bitcoin being the main currency in crypto, most altcoins are traded by either bitcoin or ethereum. So, whenever bitcoin goes down, most investors and traders avoid losing their altcoins value by selling their altcoins as early as they can, thus, resulting to price decrease.
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?
Today, bitcoin is the dominant asset in the crypto market and the fall or rise in its price affects the overall market capitalization, and since bitcoin is the most well-known cryptocurrency and the most widely covered in the media, all altcoins will still depend on their attitude to bitcoin.
the relationship between Bitcoin and Altcoin is very clear as mothers and children are more or less altcoins will follow the movement of Bitcoin, we can now see if Bitcoin automatically drops altcoin come down. if Bitcoin will fall after another coin, I think when investors start not investing in crypto.
I think most altcoins in one way or the other depend on the mother coin which is bitcoin. The movement of bitcoin in a way affect other altcoins. This is true for the fact that, currently bitcoin is down and we can see this reflection in most altcoins. I hope bitcoin rises up in the last 2 months ahead of us.
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?
The reason is that Bitcoin is where many people can easily access and it is the currency they can exchange to their local currency, so when the price drops it automatically affects altcoins because even the altcoins are also exchanged to bitcoin.
Those who fear will fomo according to the value of bitcoin, they worry that bitcoin may continue to decrease. So they sold their altcoin to bitcoin that reduced the altcoin, then they sold the bitcoin to usdt, causing the bitcoin to fall again.
so when the development of one of the coins decreased to drop much lower.
Is there any relationship between the two?
Whh must the fall of bitcoin after other altcoins?
This usually how it goes, the fall of bitcoin is what affects the price of the entire coins in the market. That is why if you want your favorite altcoins that you have invested in to start doing better then you have to start increasing your support for bitcoin. All of the altcoins in the market are dependent on bitcoin for their price and for their value Whh must the fall of bitcoin after other altcoins?
almost all trades and altcoin exchanges have a pair with Btc, if only the altcoin price focuses on the value of the currency, it should be when the BTC prices go down, the altcoin exchange to BTC must go up but this is the opposite, even when BTC rises altcoin prices also fall, because the BTC price rises , correction if I have a wrong view
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, alternative currencies are very dependent on the value of Bitcoin. They repeat his movement, only with great acceleration. When the price of bitcoin will rise, we will see a stronger growth of alts.
I think the altocin price is always calculated in bitcoin. Normally an altocoin will be traded with bitcoin and converted to some satoshi. Therefore, when bitcoin prices decrease, prices will drop altcoin.
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?
Yes there is always a relationship between the movement of the coins. All of the coins in the market have gotten their value from the price of bitcoin and when the price of bitcoin moves then the price of all of the altcoins will be moving accordingly with the coin. I think that this is because of the trading pairs that exists between the coins.
Bitcoin is the gold standard in the crypto world. Other currencies are pegged to bitcoin. This is a direct correlation. Now it is normal. How much this will last is not known.
yes, the BTC can bring down with himself the altcoins, it's because they depend a lot from BTC
The price of altcoin depends upon the bitcoin. When the price of Bitcoin increases the price of altcoin increases and vice versa.Bitcoin is the king of this market .
Generally, when the price of Bitcoin drops, the price of altcoins is also in decline. In case of exception, price increases are observed. There may be strong news or progress about the project when some altcoins are rising. sometimes when bitcoin is stable, it is seen that altcoins are on the rise.
Bitcoin is the main force in the cryptocurrency space. And for me there is nothing surprising that the price of altcoins depends on Bitcoin. Nevertheless, we have seen examples of the same Ripple that altcoin can grow significantly in price even with the steel price of Bitcoin.
Is there any relationship between the two?
Whh must the fall of bitcoin after other altcoins?
The price of most altcoins has a lot to do with the price of BTC. They are almost all traded through BTC, so the price has a great impact.Whh must the fall of bitcoin after other altcoins?
So I'm always interested in how investors are thinking about Bitcoin and the market. If investor sentiment is good then the market may be better
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