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Topic: Bitcoin price effect on Altcoin - page 12. (Read 3234 times)

member
Activity: 636
Merit: 11
August 12, 2018, 09:02:14 PM
bitcoin as main cryptocurrency in cryptomarket tobe trigger that can give postive of negative impact to other coins in market.in my opinion if bitcoin price rise it mean investor trust in cryptomarket is in good condtion.and opposite with this think, if no more trust from investor it make them sell their bitcoin and altcoins stocks.
jr. member
Activity: 322
Merit: 2
August 12, 2018, 08:57:36 PM
Bitcoin is the root of all the rate changes, then second is the ethereum. When these coins falls their prices, the rates of the coins and tokens associated to the coins, will surely decreases its price, without making any price changes, only their rates.
newbie
Activity: 83
Merit: 0
August 12, 2018, 05:50:14 PM
Bitcoin is a coin that has its influence imprint on all other crypto coins. This is because all other coins mission and ambition is being built on becoming like bitcoin one day. So as the father of all cry to currencies , when IRS price falls ,the all other coins too fall in price and when its price goes up, they too move up in price. So as long as bitcoin is still around, it will still be having such effect on the other coins always.
full member
Activity: 256
Merit: 100
August 12, 2018, 05:37:14 PM
Bitcoin is currently the most important project among all other projects, so that at the moment most of the altcoins on the market really start to depend on bitcoin, so now almost all altcoins depend on bitcoin, so some external factors, crypto currencies, in general, move simultaneously.
full member
Activity: 700
Merit: 110
Helios Protocol https://discord.gg/cpzAEMB
August 12, 2018, 03:45:07 AM
Bitcoin is still the king of the market when it comes to driving the prices. As soon as Bitcoin drops everything else will drop by the same or a greater value. Trying to figure out if people think they are getting a bargain if they transfer to Bitcoin at a lower rate notwithstanding the fact they are likely losing more by selling the alts at these levels  Huh
newbie
Activity: 130
Merit: 0
August 12, 2018, 03:40:29 AM
Bitcoin is the king of the market. All currency price fluctuations vary with bitcoin. This is the trend of the market. From the current market point of view, it is clear that Bitcoin is still the most stable currency on the market, with the least volatile currency.
full member
Activity: 266
Merit: 100
The Premier Digital Asset Management Ecosystem
August 12, 2018, 03:37:59 AM
BTC is the first electronic currency on the market, with the most stable, highest value and largest community cryptographic market. The value of the BTC increase or decrease will cause the Altcoin value to affect. The value of BTC is proportional to the value of Altcoin.
newbie
Activity: 35
Merit: 0
August 12, 2018, 03:28:48 AM
Obviously the impact. Bitcoin is currently the Prima Donna in the market. It has an essential part at the development of the cost of different coins. At the point when the cost goes down, the cost bitcoin altcoin ought to go up. So did the inverse. This is to keep up adjust in the market.
newbie
Activity: 41
Merit: 0
August 09, 2018, 04:50:05 AM
As I would see it this is going on the grounds that the greater part of the general population are considering bitcoin a development of all the digital currencies at any point existed, and if the cost of Bitcoin is tumbling down, it implications for them, that all the cryptographic forms of money are biting the dust.
member
Activity: 224
Merit: 10
August 02, 2018, 02:29:12 PM
BTC has the power to manipulate the electronic money market. All Altcoin are affected by the price of Bitcoin and the Altcoin value is proportional to the Bitcoin price. Bitcoin is king in the electronic money market. There is no Altcoin that is independent of the value of Bitcoin.

Negative influence on bitcoin robably will take some place but not for long time, only failures in computer systems. Political, economic - all this problems are nothing for bitcoin
full member
Activity: 490
Merit: 102
August 02, 2018, 02:24:54 PM
I think BTC price will influate on altcoins price always. Sometimes you can see strong influance but sometimes it's a very little.
jr. member
Activity: 168
Merit: 1
August 02, 2018, 02:20:42 PM
BTC/altcoin is closely tied, because BTC represents the crypto market. Also, every alt trades mostly into BTC, so it keeps them strongly connected.
I wish it would be different, but it isn't. I'm sorry about that, because it makes everyone think "BTC=Crypto".
member
Activity: 372
Merit: 11
elysian.finance
August 02, 2018, 02:13:38 PM
The variation in the prices of bitcoin will have effects on altcoins to an extent where the altcoins will need to push their self to either increase or decrease in value, the effect of bitcoin is like the effects of variation in dollar to other smaller currency in terms of value. The exchange rate is determined by the prices fluctuations of dollar, so also applies to bitcoin. Bitcoin determines mostly the variations and fluctuations of the market prices.
sr. member
Activity: 546
Merit: 252
August 02, 2018, 02:02:43 PM
Altcoins are cryptocurrencies. Therefore alt’s prices will react the same way as Bitcoin in case of government regulations or macroeconomic factors concerning cryptocurrencies.
full member
Activity: 616
Merit: 100
August 02, 2018, 07:30:13 AM
Some of the altcoins that survive do not go too far even though the price of bitcoin soars or drops, what I conclude is that the amount of volume increases, the price can gradually increase
full member
Activity: 490
Merit: 100
August 02, 2018, 07:19:57 AM
I think that there should not be a single drop of doubt in this, because it is exactly bitcoin that is today the project behind which all atlcoins move, it is through bitcoin that people's interest in crypto-currencies is determined.
sr. member
Activity: 560
Merit: 250
August 02, 2018, 07:13:07 AM
Yes of course Bitcoin price is very influential on the price Altcoins, when the price Increase in Altcoin Bitcoin prices will also rise, and vice versa and even worse.

I agree with you because last time I am working here I so it many times. I don't understand why it is but the market is growing up and it is positive news for all of us.
newbie
Activity: 116
Merit: 0
August 02, 2018, 03:24:05 AM
there is no coefficient , but there is a connection between bitcoin and altcoins
newbie
Activity: 176
Merit: 0
August 02, 2018, 03:06:17 AM
Bitcion always effect on all crypto currency. if btc  fall down then all crpto market effect  to down.Bitcoin is the center of the crypto economy in many ways, and with BTC trading pairs on every exchange, the gravity of Bitcoin is hard to escape. This only becomes more true has people start to “take gains” or “cut losses” from alts to buy Bitcoin.
newbie
Activity: 196
Merit: 0
August 02, 2018, 12:33:43 AM
I think the bitcoin effect greatly affects all altcoin, we know that bitcoin is a crypto coin king that has a high value compared to other altcoin, so if bitcoin value falls, altcoin also decreases and vice versa if bitcoin value increases then altcoin will also increase, maybe it's about bitcoin prices that greatly affect all altcoin.
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