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Topic: Bitcoin price and altcoin price - page 3. (Read 607 times)

newbie
Activity: 532
Merit: 0
July 28, 2018, 09:48:46 AM
#56
If you want to grab some big money, just take advantage of Bitcoin because only Bitcoin is as powerful as a global virus that creates fomo psychology. When the capital is large, Altcoin is strong.This is evidence from 2013 up to now.
full member
Activity: 700
Merit: 101
BBOD Trading Platform
July 28, 2018, 09:41:46 AM
#55
These days bitcoin price is increasing. Now btc price is around 8400$. But altcoin prices are not increasing. Is not altcoin price depend on the btc price?
in fact altcoin is not dependent on bitcoin, they are more dependent on ethereum or EOS prices, but ethereum and EOS are dependent on bitcoin prices therefore sometimes altcoin prices are not dependent on bitcoin prices
member
Activity: 224
Merit: 31
July 28, 2018, 09:31:58 AM
#54
These days bitcoin price is increasing. Now btc price is around 8400$. But altcoin prices are not increasing. Is not altcoin price depend on the btc price?

Well the thing is up until now alt coins prices were largely tracking btc. But the extremely quick and large move over the last few days has meant that cor relation seems to have broken as of now.
In general these things always go in cycles when you will have a period where BTC goes crazy and alts go into oblivion the 8k to 20k move at the end of december followed by an altcoin spring from December to January.

Here is the basic principle though :

BTC goes up - ALts go Down
BTC goes Down- Alts go Down
BTC goes Sideways - Alts go Up
full member
Activity: 660
Merit: 101
Colletrix - Bridging the Physical and Virtual Worl
July 28, 2018, 09:01:00 AM
#53
These days bitcoin price is increasing. Now btc price is around 8400$. But altcoin prices are not increasing. Is not altcoin price depend on the btc price?
Obviously altcoin prices depend on the price of bitcoin. Look. market capitalization has not increased sharply. But the bitcoin price increased to $ 8300. And the entire altcoin goes down. We can see the capitalization of altcoin has moved to bitcoin
legendary
Activity: 966
Merit: 1000
July 28, 2018, 08:29:43 AM
#52
No, altcoin has no dependence on Bitcoin but price movements can affect each other and their effects may vary with each altcoin, as it requires purchasing a coin using Bitcoin for example. Regardless of how dependent an asset to anything else, the value of each asset is based on supply and demand
full member
Activity: 397
Merit: 101
July 28, 2018, 07:49:59 AM
#51
the movement of the market is not always altogether, maybe this time the market is out of the line so when people see bitcoin prices continue to rise then they will throw away their altcoin then choose bitcoin.
sr. member
Activity: 784
Merit: 272
July 28, 2018, 03:27:22 AM
#50
We look at it with absolute certainty, but it is clear that there is a clear distinction between the pricing method and the target investor size between the two studies. We will see if this SEC is enough to persuade it, but it is gratifying that the second half of the market did not make this division and come back to the 8200.

https://theicojournal.com/cboe-source-winklevoss-denial-is-irrelevant-and-was-expected-by-us/
sr. member
Activity: 588
Merit: 256
July 28, 2018, 02:59:05 AM
#49
Btc is on 8100$ this time. .I think there is a small correction to happen.. Altcoin price i think it is not depend on btc even they have pair on btc it depends on the coin holder
I think this time altcoin price will followed trend bitcoin price. It is mostly like since from the start of cyrptocurrency era bitcoin is the principal reference of any altcoin. Maybe its not in term of product and services but in terms of market prices.
Most of altcoin are affected by the volatility of the market and the value of Bitcoin. Currently most of the altcoin is reduced dramatically due to the amount of money being withdrawn from altcoin being put into Bitcoin. I believe that the uptrend is coming back and the market will recover in the later months of this year.
yes it makes sense, most people choose to sell altcoin and put it into bitcoin so that it can affect the trading volume of altcoin because more people are doing sales activities compared to purchases
full member
Activity: 465
Merit: 100
July 25, 2018, 04:12:22 PM
#48
Btc is on 8100$ this time. .I think there is a small correction to happen.. Altcoin price i think it is not depend on btc even they have pair on btc it depends on the coin holder
I think this time altcoin price will followed trend bitcoin price. It is mostly like since from the start of cyrptocurrency era bitcoin is the principal reference of any altcoin. Maybe its not in term of product and services but in terms of market prices.
Most of altcoin are affected by the volatility of the market and the value of Bitcoin. Currently most of the altcoin is reduced dramatically due to the amount of money being withdrawn from altcoin being put into Bitcoin. I believe that the uptrend is coming back and the market will recover in the later months of this year.
sr. member
Activity: 630
Merit: 250
Glad to see you
July 25, 2018, 03:44:00 PM
#47
These days bitcoin price is increasing. Now btc price is around 8400$. But altcoin prices are not increasing. Is not altcoin price depend on the btc price?

The altcoin price very depends on the btc price. Now many traders sell of their coins and holding btc. We need to wait, when btc growth will go stop for a some time and after, we will see a good altcoin pump.
pey
sr. member
Activity: 546
Merit: 251
Free Crypto in Stake.com Telegram t.me/StakeCasino
July 25, 2018, 03:33:39 PM
#46
Altcoin price depends on btc price but that does not mean that when btc rise altcoins also rise and this is very short term effect it is early to say altcoins don't rise
member
Activity: 161
Merit: 11
July 25, 2018, 03:25:32 PM
#45
Btc is on 8100$ this time. .I think there is a small correction to happen.. Altcoin price i think it is not depend on btc even they have pair on btc it depends on the coin holder
I think this time altcoin price will followed trend bitcoin price. It is mostly like since from the start of cyrptocurrency era bitcoin is the principal reference of any altcoin. Maybe its not in term of product and services but in terms of market prices.
sr. member
Activity: 475
Merit: 250
July 25, 2018, 02:00:18 PM
#44


First of all, this is the phase with the most declines since the beginning of pump 1. There are now six series of candle drops and the 7th candle is coming. This is also the phase of correction down the deepest compared with the decline phase. before.
The volume increase has a decrease volume, while the decrease b volume has increased ==> weak buying and strong selling force. The trend is still bullish, so the priority is still buying. However, temporarily not expecting to pump as strong as the previous batch
member
Activity: 742
Merit: 10
July 25, 2018, 01:08:07 PM
#43
Btc is on 8100$ this time. .I think there is a small correction to happen.. Altcoin price i think it is not depend on btc even they have pair on btc it depends on the coin holder
hero member
Activity: 2156
Merit: 531
July 25, 2018, 01:06:52 PM
#42
The bitcoin value is currently ball run ,the value of altcoin does not depend on bitcoin ,well altcoin has its own price ,has a different character that is not the same as depending on bitcoin is far beyond control  ,the value of crypto exchange is not that simple
newbie
Activity: 24
Merit: 0
July 25, 2018, 01:04:24 PM
#41
Altcoin price is paired with Bitcoins but not necessary depending on bitcoins. Most altcoin prices are determined by the demand and supply of the product and services they stand for and might not have anything in common with the price of bitcoin.

To be honest, I think it's not determined by the services it provides. There are still tons of projects that have nothing to serve and buying by people in the market. Cheesy
full member
Activity: 448
Merit: 100
July 25, 2018, 01:03:25 PM
#40
These days bitcoin price is increasing. Now btc price is around 8400$. But altcoin prices are not increasing. Is not altcoin price depend on the btc price?
Now on the market we see how bitcoin is speculatively pumped up, because the altcoyins are standing still. I think in the near future we will see the drop of bitcoin to the level of 6000 dollars. The fall of bitcoin does not pull the even greater fall of the altcoyans. The next stage will be the rise of the whole market. I recall that this is purely my opinion.
newbie
Activity: 170
Merit: 0
July 25, 2018, 12:23:17 PM
#39
These days bitcoin price is increasing. Now btc price is around 8400$. But altcoin prices are not increasing. Is not altcoin price depend on the btc price?
Yes, In my opinion, the altcoin value and bitcoin have dependencies. But this time, I can not explain the support of investors and their interest in ETH. The ETH value has dropped to $ 400-500 for nearly a month. It is worth mentioning, ETH price difference in this change extremely modest. Have I ignored any information?
sr. member
Activity: 518
Merit: 250
July 25, 2018, 12:22:14 PM
#38
Your opinion is entirely unreasonable. If the altcoins rate depends on bitcoin when the exchange rate of the BTC increase then altcoins also have to increase. In fact, conversely, the exchange rate of BTC increased while the altcoins decreased. This clearly explains that the amount of investment is only concentrated in the BTC or altcoins at the same time, meaning that if the amount invested in the BTC is high, then the BTC rate will increase and the ETH will decrease.
member
Activity: 238
Merit: 27
July 25, 2018, 12:15:48 PM
#37
Theres a possibility or potential to might happen that ethereum will be the next to bitcoin in terms of ranking
but bitcoin is always bitcoin and theres no space or chance to anyone to replace  Wink
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