Topic: Bitcoin down Altcoin down - page 8. (Read 4413 times)
When the price of Bitcoin falls, the value of altcoin also decreases. We can see that Bitcoin is strong in the market and has full control on the market because bitcoin is the king of all altrcoin and all other crypto move with bitcoin prices.
over 50% control over the market. all altcoins shall bow down to bitcoin
There is a direct link between bitcoin and altcoin. Bitcoin has always been and remains the main cryptocurrency, and the price of other altcoins depends on its price. The popularity of cryptocurrencies has not yet gained a sufficient level, many people call cryptocurrencies in one word - bitcoin.
Yes, without doubt, the ranks of alternative crypto currency are dependent on bitcoin. And this trend is already a proven fact. But, nevertheless, this does not affect top altcoins, such as Ripple, to improve their services and enter into profitable contracts. Thanks to such actions, altcoins grow in value.
As a matter of fact, I concur with the hitrawal91 ideas and articulation that bitcoin is the lord of the digital currency and it was the main coin which presents a couple of years back in the crypto advertise. It acts like stock list or you can state emini file where the incex recorded stocks take after the list bearing and merchants just the list drift outline to recognize the general economic situations and by and large assessment of the market.
The bitcoin the most important cryptocurrency in the market, is its basis. All cryptocurrencies are trading to bitcoin and when a basis to fall that and they respectively too go down in price.
Nicely, there is certainly the inclination upon altcoins to improve within cost whenever bitcoin pumped, however they tend to be more impartial right now, perhaps simply because a number of them are providing a few revolutionary suggestions of the personal.
Is there any relationship between the two?
Whh must the fall of bitcoin after other altcoins?
Simply because altcoin is just relying from bitcoin. Most of the other coins are just made after bitcoin and if the price of bitcoin will decrease then they will do the same. It was just a vice versa. Whh must the fall of bitcoin after other altcoins?
It's simple, Bitcoin is the leader in capitalization and therefore all altcoins will follow up or down Bitcoin. It would seem that everything should have been so, but due to the fact that recently we all began to notice the influence of whales on the market, now it does not work quite so.
everyone depend on bitcoin, so when btc goes down that time all altcoin also goes down. altcoin going down day by day only the reason btc goes down.
Oh sure . Bitcoin pulls down Alts , he as the leader, where he went and all his charges. 
For the normal functioning of the market, alternative currencies must exist. When the price of bitcoin increases, the price of altcoins falls. You can count on the growth of alts in the case of bitcoin lateral movement.
I believe that all dependencies depend on the cost of bitcoins. Therefore, when the price increases or decreases for bitcoins, then the altcoin jumps for the price.
bitcoin is a benchmark for all the second and third generation altcoins, if we give the name bitcoin as the first generation cryptocurrency, then all forms of altcoin then the reference is Bitcoin, if bitcoin goes down the other coins also go down. but there are also some coins whose prices actually increase if bitcoin goes down, this is a type of cryptocurrency or altcoin that stands alone, usually coins like this have their own prices without linking to bitcoin, even though we can convert the market into bitcoin when trading.
It is not surprising that after decline of bitcoin the price of altcoins falls too. The bitcoin is the most important cryptocurrency and so to speak the guarantor of all others. If the price of it fell there is panic and the price for other cryptocurrencies falls too.
I think many Altcoin are traded with Bitcoin. So once the price of Bitcoin falls, it will bring the effects of that relationship. When I see the market, Bitcoin increases the price but Altcoin will go down. I think it starts just Altcoin that goes down and recovers to raise prices like Bitcoin.
For me, this is just a normal because it was decentralized which the market will only who can decide, I'm not saying that this is the time to let go cryptocurrencies but instead of that you must hodl all your coins and if there's a fluctuation then sell all your coins. 
unity among other coins made with Bitcoin Bitcoin became the benchmark other empty gestures from other coins.
so it makes Bitcoin influenced the development of each coin. Altcoin and progress also depends against Bitcoin.
I don't think it's entirely like that, the influence of bitcoin is only on market movements. if bitcoin decreases it makes the market go down because of the enormous power of the bitcoin value. not all depend on bitcoin, take a look at some of the ico coins that have managed to rise, that is because of the development of the project. if the market assesses a good project, the value will rise. so it makes Bitcoin influenced the development of each coin. Altcoin and progress also depends against Bitcoin.
What more could you expect to cryptocurrency? Cryptoworld is shaking because some issues around the world about cryptoworld is still unresolved. Investors mistrust cryptoworld.
this is what i'm trying to point out. that the bitcoin is very important not only to the cryptocurrency industry but for us too. if the bitcoin gone i am sure it will not only a big affection but mass or in the worst case this industry would be gone . because all alternative coins are only depend in the price of bitcoin and if all coins are gone there's no reason to stay.Bitcoin will not be gone, and in fact this will be ghe the most and demand currency in the world right now when it comes to profitable investments. If that happens it will be abolish or will be removed from our financial systems, I guess many people will become disappointed with that. Many holders didn't dump their coins in order for the value to rise even double or even triple.
so it makes Bitcoin influenced the development of each coin. Altcoin and progress also depends against Bitcoin.
All currencies in the market are interconnected, but not necessarily the simultaneous decline in the value of both currencies, it is better to focus on the Analytics and statistics of ups and downs of currencies.
The mood of the market depends on the bitcoin exchange rate. Bitcoin has been a permanent leader for many years and all altcoins repeat their movement behind it. Perhaps someday this will change, but certainly not in the next couple of years.
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