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Topic: Bitcoin down Altcoin down - page 36. (Read 4413 times)

full member
Activity: 322
Merit: 100
July 17, 2018, 12:16:47 PM
#88
In my opinion, all altcoins depend on the price of bitcoin and All alts are paired to the price of bitcoin.Which is why when bitcoin goes down in price, alts go down with it, vice-versa.
member
Activity: 152
Merit: 10
July 17, 2018, 11:58:50 AM
#87
Perhaps the two are related because this bitcoin is the parent of all altcoin and naturally. If the bitcoin price falls, the price of altcoin also goes down and indeed it always happens
jr. member
Activity: 326
Merit: 1
July 17, 2018, 11:56:59 AM
#86
Is there any relationship between the two?
Whh must the fall of bitcoin after other altcoins?
which I often see in the market that when bitcoin prices go down at that time also followed altcoin also come down, the reason why I also do not know it, because here I also have not known cryptocurrency too long, so maybe the mastah here can explain it all, whether because the bitcoin is still leading and still become the money crypto number one until now so that the movement of the price followed by other altcoin.
jr. member
Activity: 2520
Merit: 1
July 17, 2018, 11:51:59 AM
#85
Many people say that the two are not interconnected, but the proof, as bitcoin down altcoin is also down. I think the two are related. I never know the price of bitcoin follows altcoin prices.
newbie
Activity: 21
Merit: 0
July 17, 2018, 11:51:23 AM
#84
Bitcoin and Alternate Coins are both interrelated somehow and move in the same direction as Bitcoin does.We have seen this again n again!
newbie
Activity: 142
Merit: 0
July 17, 2018, 11:48:51 AM
#83
Bitcoin is still King. So where bitcoin goes, normally altcoins go. At least for now, I don't see that always being the case. And for example back in december and january during the bull market, that wasn't the case. Alts were running wild, no matter what bitcoin did.
member
Activity: 910
Merit: 12
July 17, 2018, 11:45:59 AM
#82
Bitcoin has nearly half of the total volume of the crypto market. So the increase or rise in Bitcoin price affects almost all the crypto market.
newbie
Activity: 170
Merit: 0
July 17, 2018, 11:44:41 AM
#81
in reality bitcoin bring down Altcoin in light of the fact that Altcoin itself dependably take after the development of bitcoin consequently from now despite the fact that Altcoin down there are as yet numerous individuals who put resources into Altcoin and bitcoin on the grounds that Bitcoin and Altcoin are supported by numerous individuals so from it bitcoin and altcoin together
legendary
Activity: 2394
Merit: 1049
Smart is not enough, there must be skills
July 17, 2018, 11:36:33 AM
#80
Is there any relationship between the two?
Whh must the fall of bitcoin after other altcoins?
There is no direct relationship but the bitcoin becomes the first cryptocurrency to catapultate cryptocurancy worldwide. in the whole crypto market I think every other altcoin follows the movement of bitcoin. I personally agree that bitcoin behaves like the stock market index and other altcoins follow it. I use bitcoin price movements as a sentiment indicator and I use this for altcoin prediction and in this way you can easily measure overall market conditions and trends.
newbie
Activity: 37
Merit: 0
July 17, 2018, 11:43:47 AM
#80
All altcoins depend on the price of bitcoin, Sometimes they fall down and up together, sometimes opposite. Huh
full member
Activity: 966
Merit: 102
July 17, 2018, 11:16:26 AM
#79
This relationship between them has long been noticed. I think that if bitcoin prices go up, then the prices of altcoins will also grow.
it is true because the parent of altcoin is bitcoin, so if bitcoin up altcoin also follow up because bitcoin it has been used as benchmark price altcoin
legendary
Activity: 1176
Merit: 1020
July 17, 2018, 11:14:27 AM
#78
This relationship between them has long been noticed. I think that if bitcoin prices go up, then the prices of altcoins will also grow.
newbie
Activity: 140
Merit: 0
July 17, 2018, 11:12:35 AM
#77
Well from my little understanding, bitcoin dominance causes all other altcoins to for its price movement. That's why if bitcoin rise, altcoins rise and if it's price fall as well, altcoins fall.
full member
Activity: 560
Merit: 101
July 17, 2018, 11:10:01 AM
#76
across the globe as coin markets fell sharply while sending safe haven asset highs markets and industries that are unique to each country, that they often survive unscathed crypto  sector does the exact same thing, like it did this past week. Multiple tech cryptocurrencies  dropped together.
full member
Activity: 467
Merit: 100
July 17, 2018, 10:58:20 AM
#75
of course all bitcoin prices will be affected by bitcoin price movements, and it always seems like that, if btc is really stable then altcoin price will have a chance to go up
full member
Activity: 336
Merit: 106
July 17, 2018, 10:56:49 AM
#74
Since bitcoin is known to be the pioneer in crypto and is considered to be the “king,” it is also considered to be the center of cryptocurrencies. Altcoin’s values depend on the value of bitcoin. This is because altcoins need to be coverted to bitcoin in order to be converted to fiat.
sr. member
Activity: 499
Merit: 250
July 17, 2018, 10:51:09 AM
#73
In general, altcoins are following BTC, but some of them (lowcaps especially) lives their own lives and can pump really hard even during the bear market.
full member
Activity: 434
Merit: 100
July 16, 2018, 01:42:25 PM
#72
That’s horrible to be heard that both of them are in down situation even if this is impossible to happen because they are the best company in this kind of business and industry, I think this is fake news.
copper member
Activity: 616
Merit: 0
July 15, 2018, 02:51:14 PM
#71
I have noticed that altcoins are dependent on bitcoin and altcoins follows the bitcoin price trend.  When bitcoin prices go up and downs, then it affects the altcoins value, but not  all altcoins downs, there is still a rise and survive with the price.
legendary
Activity: 2744
Merit: 1878
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July 15, 2018, 01:19:13 PM
#70
but there are some altcoins that increase when bitcoin down.
usually caused because there are certain events that make the price rise when bitcoin prices decreased.
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