Topic: Bitcoin price effect on Altcoin - page 17. (Read 3182 times)
BTC has the ability to control the electronic currency advertise. All Altcoin are influenced by the cost of Bitcoin and the Altcoin esteem is relative to the Bitcoin cost. Bitcoin is lord in the electronic currency advertise. There is no Altcoin that is free of the estimation of Bitcoin.
BTC will influence altcoin prices indirectly, as the markets are all tied together.
Of course it doesn't mean BTC will necessarily outpace a specific altcoin... during a bull market,
quite often the opposite is true. And in a bear market, altcoins may come out of it even worse.
Of course it doesn't mean BTC will necessarily outpace a specific altcoin... during a bull market,
quite often the opposite is true. And in a bear market, altcoins may come out of it even worse.
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.
On the relationship to the dollar, yes, uniquely affects. When Bitcoin grows, everything grows automatically against the dollar. But in relation to Bitcoin, not always the altcoins follow Bitcoin. The more experienced I think this is understandable, but beginners are often confused in these concepts when making transactions
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.
I am not a veteran here but I am still not having the answer to that question, there are many obvious signs, that Bitcoin somehow affects all the prices on this market. So it is what it is. Maybe I will find an answer in this thread as well 
Bictoin influence in enormous, every single coin reacts to btc movement. And that`s a sign of market immaturity
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.
Indeed, bitcoin has a strong influence on the entire market as a whole and is the first border, which changes the price, the rest will follow him.
Not ethereum, but mostly all alt coins fall far more as compared to BTC when Bitcoin falls.
Yes of course Bitcoin price is very influential on the price of other Altcoin, because Bitcoin is an important point of all altcoin. because if the price of Bitcoin down then the price of the other coin also come down, and vice versa and even worse.
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.
99% of altcoins follow Bitcoin's price movement, they always move in the same direction although alts are usually more volatile. Obviously there are exceptions where alts may rise due to FOMO during bear market.
Hey everyone,
How strongly Altcoin value relate to bitcoin price. Can we know the condition of ETH/BTC ratio by analyzing BTC/USD value ?
How strongly Altcoin value relate to bitcoin price. Can we know the condition of ETH/BTC ratio by analyzing BTC/USD value ?
Actually, it depends on the ICO of altcoins have. As the value of bitcoin increase most of altcoins relying on and definitely increase tremendously. Well, in some situation not all time increasing as the world of crypto currency is so volatile in which we can't predict the possible happenings. I believe someday it will back to peak value as what happened last year as more users hoping the value will increase to have a great amount of profit.
it is true that both bitcoin and Ethereum can effect the price of entire market everytime their price change, it doesn't need to much time to effect the market when the market depends on their price and most of altcoins on the market using two pairs: ALts/BTC or Alts/ETH, that is why when the pumps or dumps happen, the price of ETH and BTC is the first target of whales to make he price follow their intentions.
Most follow it. Some will diverge slightly but not for long. The predominant trend will prevail across all coins
Most of it follow but the altcoins with strong fundamentals that time for sure will stay on top and could even go high more because a lot of people switching into BTC when it goes down because they panic sell they think they will lose their money even if it's not. Hey everyone,
How strongly Altcoin value relate to bitcoin price. Can we know the condition of ETH/BTC ratio by analyzing BTC/USD value ?
How strongly Altcoin value relate to bitcoin price. Can we know the condition of ETH/BTC ratio by analyzing BTC/USD value ?
I can say that Bitcoin is like a milestone for cryptocurrency, so the price affects all other crypto prices.
Perhaps, in the future there will be crypto that has a higher value than BTC, but it will still happen for a long time and still depends on how BTC develops.
altcoins depend on bitcoin. it is worth bitcoin to rise in price or fall in price as altcoins immediately repeat the growth or fall
really altcoin depends on bitcoin and simplenya altcoin always follow the price development of bitcoin, and bitcoin itself is king whereas altcoin is only complementary deficiency of bitcoin. Hey everyone,
How strongly Altcoin value relate to bitcoin price. Can we know the condition of ETH/BTC ratio by analyzing BTC/USD value ?
How strongly Altcoin value relate to bitcoin price. Can we know the condition of ETH/BTC ratio by analyzing BTC/USD value ?
I think about bitcoin, If bitcoin price going low then altcoin USD value also going down. And if bitcoin price of USD value up then USD value of altcoin getting pump but Satoshi go down thats time. So altcoin price also depend on bitcoin.
altcoins depend on bitcoin. it is worth bitcoin to rise in price or fall in price as altcoins immediately repeat the growth or fall
The cost of Bitcoin and Ethereum certainly influences the cost of altcoins in relation to fiat.
The cost of the main coins to each other and to the altcoins does not depend on the ratio to the USDT
The cost of the main coins to each other and to the altcoins does not depend on the ratio to the USDT
Hey everyone,
How strongly Altcoin value relate to bitcoin price. Can we know the condition of ETH/BTC ratio by analyzing BTC/USD value ?
How strongly Altcoin value relate to bitcoin price. Can we know the condition of ETH/BTC ratio by analyzing BTC/USD value ?
of course yes, but for growth it will require a process and certainly the skills and progress of the developer are at stake according to the white paper and the concept.
there is a lot of altcoin growing when the market is conducive, but nowadays it is very unlikely because the market is likely to be dominated by the downward trend.
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