Bitcoin down Altcoin down - page 30.

rohican

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Quote from: Olayinka225 on July 12, 2018, 10:36:11 AM

Is there any relationship between the two?
Whh must the fall of bitcoin after other altcoins?

Really after I observed the bitcoin market had a high price while the new altcoin started it.
I think it's a natural process going on and it's getting better to raise a price similar to bitcoin.
Indeed the situation is still like that.

tantegope00l

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Quote from: Olayinka225 on July 12, 2018, 10:36:11 AM

Is there any relationship between the two?
Whh must the fall of bitcoin after other altcoins?

This reminds me of a question in the past, whether this system is really decentralized when altcoin depends on something, it's not a bank.
This explains me that no one can be completely independent. And all this is just like a game.

kordon16

newbie

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Of course always! What is altcoin? The task of altcoin is to facilitate the receipt of bitcoin-s. these two cryptocurrencies are closely related to each other. Therefore, even doubt not worth it.

Nikolas_the_Wonderworker

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All prices for altcoyin are based on their exchange rate Bitcoin, and not on the dollar exchange rate. When the price of bitcoins falls or rises against the US dollar, all altcoyins will always follow down or up.

fdsar

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Reserve Your Ledger at GYMLEDGER.COM

The relation between these ones is too close because they have an impact on each other including current trends, prices, predictions and so on.

VuLDK

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Quote from: Olayinka225 on July 12, 2018, 10:36:11 AM

Is there any relationship between the two?
Whh must the fall of bitcoin after other altcoins?

This is a very normal thing in the virtual money market , when bitcoin prices fall , which means that the market is going to go down in numbers , which can make you nervous , however , be able to make you nervous when you' re going to buy a huge number of altcoin and you' ll be able to invest in the market

nightxglow

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Of course it's going to affect each other. I mean, bitcoin is like the leader in this crypto currency world. Nothing can beat it yet, and altcoin really depends on it a lot.
So it's just normal when bitcoin price is down, the altcoins price will go down as well, since it means that the market condition is not really good.
They're all cryptocurrency, but bitcoin has more enthusiast rather than other coins, usually bitcoin value and price is better, so if bitcoin is down, other is down as well because they still depend a lot on bitcoin.

RAMZA

member

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No, bitcoin is growing now, and the another coins do not move anywhere yet. It's very strange.

celakkenyang

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Yes that's common in the crypto market. if bitcoin is stable or has increased. I think altcoin will experience the same increase as bitcoin.

NewBet

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More lik bitcoin up but altcoins are still down. They do not seem to be following the recovery trend of bitcoin which is surprising as they always follow closely behind before. Normally with the fall of bitcoin then there is the fall of altcoins and with the rise of bitcoin there should be the rise of altcoins which is why I do not understand what is going on now with the market.

danceinthedunes

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Who knows? I had no interest in cryptos before Ripple. FOMO brought me to buying Ripple at $0.19. I spent months after that buying one LTC a week while waiting for XRP to move. Ripple NEVER moved... Then BAM !!!! to $0.50 and several weeks later $1.

There’s logic to the BTC/altcoin relationship, but then I’ve seen alts have great news behind them; partnerships, new exchanges and the alt still didn’t pick up.

The best strategy is to make yourself knowledgeable about the coin’s team, tech, and social media... if it’s a solid coin then it’ll move in due time. Because you know the product, roadmap, etc.. you’re more confident when the coins down 20-40%. When you least expect it... BAM !!! 300% gain on a random Wed. (see DENT) Lol.

sniveel

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Not all the time altcoin and bitcoin is up maybe this a vice versa situation sometimes they are up and sometimes they are down so be patient not at all will permanently stable.

Getcoinsite

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Quote from: Olayinka225 on July 12, 2018, 10:36:11 AM

Is there any relationship between the two?
Whh must the fall of bitcoin after other altcoins?

Blockchain is the platform used by all coins thats why when bitcoin moves down the altcoins moves down too,but look at the market now as bitcoin continues to grow,but altcoins stops moving up because many investors are converting their money to bitcoin since many speculative thread has been giving positive words for the top one coins as october comes

DevilCredit

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Quote from: jamids on July 19, 2018, 09:15:08 PM

Quote from: MEMEX on July 19, 2018, 08:34:59 PM

Quote from: Olayinka225 on July 12, 2018, 10:36:11 AM

Is there any relationship between the two?
Whh must the fall of bitcoin after other altcoins?

Both Altcoin and bitcoin are in the same market and both are crypto currencies, and there will always be a connection between the two.
But actually this has not been proven in a real / scientific way. But if you look at the habits of the market during the last few years, it can be said that bitcoin prices will become a reference and affect the price of another coin.

Yes, bitcoin price has the influence in the market because most of the time when bitcoin goes down, prices of other coins goes down as well. When bitcoin is red, almost the entire market is red and when bitcoin is green, almost the entire market is green. Its price has a big influence in it because some people would then sell their coins when bitcoin goes down because they knew that price of altcoins goes down along with it. This has been the trend and it continues up to now. I think it has something to do as well for bitcoin to be a base coin that's why it has the effects of its price to altcoins.

for these two coins into a coin unity that generates substantial profits going forward. with a growing ability that generates support for the advancement of future coins against the Cryptocurrency market and substantial profits going forward. so to progress coins will greatly help the development of Cryptocurrency. so they become a unit of coins that makes BItcoin go down and Altcoin follows.

cryptic4000

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Decentralized Ascending Auctions on Blockchain

Quote from: jeruk nipis on July 23, 2018, 10:11:55 PM

I think there are of course the relationship between the two. Usually, there is a pattern, when bitcoin has decreased, then the altcoin will go up. However, now that there is quite the contrary, when the bitcoin down, then altcoin is also down. Maybe when the bitcoin down, then a lot of people panic, eventually selling the coins at their disposal, including altcoin as well.

This market is heavily influenced by the news and the prices of all the altcoins at this time are very bad. I think the market is entering a stage of underdevelopment rather than 2017, which greatly influences investor sentiment in this market, so it is inevitable that panic selling will be inevitable. Personally I'm sure the Bitcoin price will rise but not in 2018

tonysitaly

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We all know that the price of altcoin always follows bitcoin, especially when the altcoin falls much more violently when bitcoin has fallen violently. All coins are based on bitcoin, which is why we only invest bitcoin in the bear market.

camryku

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Quote from: richkiddo on July 15, 2018, 01:15:05 PM

Quote from: javainn on July 15, 2018, 07:20:35 AM

Quote from: Olayinka225 on July 12, 2018, 10:36:11 AM

Is there any relationship between the two?
Whh must the fall of bitcoin after other altcoins?

there is a relationship between bitcoin and altcoin, because the benchmark of altcoin costs using bitcoin, so it's only natural that bittoin down altcoin also decreases drastically and this will happen anytime but if the increase in bitcoin or altcoin will continue to rise.

bitcoin and altcoin for me also they are sounds to be the partner to be that no matter what may happen on bitcoin there is a possibility that it can ever be on altcoin too.

I think yes because if the price of Bitcoin decreases the price of Altcoin also decreases because Altcoin always follows the movement of bitcoin and therefore bitcoin and altcoin are trying to return to stable prices and so now there are many people holding their altcoins and waiting for altcoin prices to stabilize

jeruk nipis

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I think there are of course the relationship between the two. Usually, there is a pattern, when bitcoin has decreased, then the altcoin will go up. However, now that there is quite the contrary, when the bitcoin down, then altcoin is also down. Maybe when the bitcoin down, then a lot of people panic, eventually selling the coins at their disposal, including altcoin as well.

Hishad32

jr. member

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genuinely after I observe the market the bitcoin become growing the price however the altcoins are taking place. sick think it was began handiest the altcoins taking place and be get better again to increase the price similar to bitcoin.

mandeepcrypto

newbie

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Bitcoin is the first s price in the market .It is more reliable in the market than other Altcoin. It effects all the Altcoin.When its price crash in the market it effects all the Altcoin.

Topic: Bitcoin down Altcoin down - page 30. (Read 4399 times)