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Topic: Bitcoin down Altcoin down - page 31. (Read 4413 times)

full member
Activity: 1260
Merit: 100
PredX - AI-Powered Prediction Market
July 21, 2018, 08:48:57 PM
we can not predict down his coins..all it's a game of a community need ..
maybe bitcoin moments again in the revival period and vice versa for altcoin yet can offset the rise of bitcoin ..
member
Activity: 250
Merit: 10
July 21, 2018, 08:42:12 PM
Maybe, I am not sure but I think there is a relationship between the price of bitcoin and the price of altcoins. Generally, we see that when bitcoin price fall then almost other cryptocurrencies will fall as well because bitcoin is the first and the best cryptocurrency at the moment. It is also true that there are some altcoins that don't depend on the bitcoin price.
full member
Activity: 1382
Merit: 105
July 21, 2018, 08:06:15 PM
All altcoins are depends on Bitcoin if bitcoin will down all market will down and if bitcoin will up all market will up.
jr. member
Activity: 124
Merit: 1
July 21, 2018, 07:40:56 PM
Is there any relationship between the two?
Whh must the fall of bitcoin after other altcoins?

what you say is true, when bitcoin prices go up, altcoins prices go up too, if bitcoin prices go down, altcoins prices also come down, all guided by bitcoin prices
newbie
Activity: 175
Merit: 0
July 21, 2018, 07:01:52 PM
In my opinion now a days when the price of bitcoin is down not all altcoins will be down also there are some altcoins that stable and there are some that increases their price.
sr. member
Activity: 1624
Merit: 267
July 21, 2018, 06:55:46 PM
They are connected to each other. But not always they same situation because if bitcoin price decreased some altcoins pump. But they have effect too once one of them are fall or pump. I hope bitcoin and altcoins will pump together to earn more profit.
jr. member
Activity: 182
Merit: 4
July 21, 2018, 06:52:59 PM
Apparently, bitcoin carries all the market on its shoulders. But the recent rise in bitcoin didn't see a concomitant rise in altcoins as it usually occurs. But bitcoin carries the market, no doubt. It is almost impossible to see bitcoin down to a certain level and see the altcoins rising.
full member
Activity: 686
Merit: 108
July 21, 2018, 06:52:12 PM
usually when the price of bitcoin falls, altcoin prices also decrease. sometimes the price of bitcoin is stable while the prices of altcoins increase. When the price of bitcoin increases, sometimes the altcoin prices increase and sometimes the altcoin  prices do not increase. there is no general rule.
Its normal in cryptomarket because bitcoin really leads other altcoins. There migh be a relation between the emotion of every investors and this might be the reason why we see a same trend with bitcoin and altcoins.
full member
Activity: 252
Merit: 105
Stake & Vote or Become a IoTeX Delegate!
July 21, 2018, 06:50:43 PM
Bitcoins and altcoins have a great deal of relevance and influence. Whenever the bitcoin rate decreases, the altcoins decrease and, in some cases, the bitcoin rate decreases, the altcoins increase, and the altcoins increase, the bitcoin decreases rapidly. This depends on the time of the market. Usually, the exchange rate will increase when one of the two cryptos increase or decrease.
newbie
Activity: 62
Merit: 0
July 21, 2018, 06:48:07 PM
Interest Ask. When bitcoin falls, almost everything falls. But the back does not always work. For example, now bitcoin is growing, and altcoins are not yet very much going to do it.
newbie
Activity: 142
Merit: 0
July 20, 2018, 12:24:52 PM
I would like that nobody should fall but this market if there will not be a downfall then all people will come here and stop working and this is unrealistic in our world!
jr. member
Activity: 238
Merit: 3
July 20, 2018, 11:39:09 AM
in general the bitcoin price is higher, so therefore both of them always have something to do with altcoin
newbie
Activity: 98
Merit: 0
July 20, 2018, 12:21:46 PM
if I think personally after altcoin price down of course must be followed with the price of altcoin other types because they are the same in one cryto market. but if bitcoin prices rise then altcoin other types will also surely increase as well. because bitcoin is the most desirable altcoin on the market.
sr. member
Activity: 462
Merit: 250
CAT.EX Exchange
July 20, 2018, 12:15:39 PM
usually when the price of bitcoin falls, altcoin prices also decrease. sometimes the price of bitcoin is stable while the prices of altcoins increase. When the price of bitcoin increases, sometimes the altcoin prices increase and sometimes the altcoin  prices do not increase. there is no general rule.
MRY
full member
Activity: 560
Merit: 109
July 20, 2018, 08:07:53 AM
I think, bitcoin prices will have an effect on altcoin prices, when bitcoin prices drop then almost all altcoin will also have a falling price but when bitcoin prices start to rise then the price of altcoin will also rise
newbie
Activity: 154
Merit: 0
July 20, 2018, 04:46:50 AM
Yes, this is the main regularity. If bitcoin is growing, then the whole market is growing, and Vice versa if bitcoin falls, then the whole market is red.. As long as bitcoin is the main one, it will be
full member
Activity: 352
Merit: 100
July 20, 2018, 04:33:44 AM
Is there any relationship between the two?
Whh must the fall of bitcoin after other altcoins?
I believe the reason why the price of other altcoin is always affected by what happens to bitcoin is because bitcoin dominates the other crypto as the oldest and the first digital currency, other altcoin were built from the idea of bitcoin and this coin is also the most dominated and accepted coin so, if there is less demand of bitcoin, it affects the price and it falls thereby affecting altcoin.
legendary
Activity: 1904
Merit: 1277
July 20, 2018, 04:29:01 AM
Is there any relationship between the two?
Whh must the fall of bitcoin after other altcoins?

Because of trading pairs. Everything tends to trade against either Bitcoin or Ethereum, but not against fiat. So if coin X has a price per coin of around 0.1 BTC, and then bitcoin shoots up in fiat value by 10%, the trading for coin X is likely to remain around 0.1 BTC... so effectively increasing in fiat value by 10% as well.
newbie
Activity: 56
Merit: 0
July 20, 2018, 04:17:32 AM
This is the basic knowledge that needs to be recognized, that is, Bitcoin affects the price of most altcoins, which also shows that Bitcoin's influence is still the biggest. This is the case, and it is now.
newbie
Activity: 57
Merit: 0
July 20, 2018, 04:12:44 AM
Most of the Altcoins are paired with BTC only. This is the reason why BTC down Altcoin down even more.
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