to my knowledge Etereum follow the price of Bitcoin if I think Ethereum can not be separated from the influence of Bitcoin because Ethereum like silver and Bitcoin like gold.
Topic: Bitcoin price effect on Altcoin - page 23. (Read 3234 times)
The coupling of the entire crypto ecosystem through USD-BTC exchanges has undoubtedly caused a ripple effect where alt coins are constricted to this pattern. The altcoin ecosystem exists within a bottleneck that struggles to develop independently from Bitcoin. Taking this perspective, it is little wonder that alt coins dance to the tune of Bitcoin because their very existence is reliant on the USD-BTC route to their doorstep.
Bitcoin is king in the electronic money market. There is no Altcoin that is independent of the value of Bitcoin.BTC has the power to manipulate the electronic money market. All Altcoin are affected by the price of Bitcoin and the Altcoin not value is proportional to the Bitcoin price.
If you are talking about fiat price, altcoins generally follow bitcoin, but at a much slower rate when going up and a faster rate going down. If you are talking about alts v btc pairings, when bitcoin is moving up hard, alts generally go down or move sideways, when bitcoin is dumping, alts dump harder, when bitcoin is moving sideways, the altcoins market shines. There are always exceptions to the rule, but not many. Think of bitcoin and the huge storm that waters the altcoins crops.
Hey everyone,
How strongly Altcoin value relate to bitcoin price. Can we know the condition of ETH/BTC ratio by analyzing BTC/USD value ?
Till now bitcoin price effect to all coins. Yeah all coins depends all btc price. BTC price is connected to outside issue. When there are FUDs from countries, influencers , BTC price will respons negative or positive quickly. Even ethereum will get effect from BTC price. Till now no coins that can stand alone to face BTC. How strongly Altcoin value relate to bitcoin price. Can we know the condition of ETH/BTC ratio by analyzing BTC/USD value ?
Of course bitcoin can affect all existing altcoin markets for now, because Bitcoin is the king of all current Coin, so I think it's all very influenced by Bitcoin, but for a while it's low then we can buy it so we can recover the price of alcoin later, We buy altcoin which at a very low price and then just save it to gain greater profits.
The up & down price of Bitcoin gave big affects Ethereum and also the all other Altcoins. As you know Bitcoin is first coin of this crypto industry. He is the king and also the base currency of this crypto world. Where Bitcoin price goes, the 99% Altcoins go there. That's why the whole crypto coins depends on Bitcoin.
yes of course. its a big effect to all altcoin. any happened in bitcoin it will reflect to all altcoin. we all know that bitcoin is the first created cryptocurrency so that altcoin will be followed to a bitcoin. if the bitcoin goes down the other altcoin will goes down too if bitcoin increase all altcoin will increase too. specially to a ethereum because ethereum is a second large cryptocurrency and ethereum is next to a bitcoin so whatever happened to bitcoin it will effect to all altcoin.
The up & down price of Bitcoin gave big affects Ethereum and also the all other Altcoins. As you know Bitcoin is first coin of this crypto industry. He is the king and also the base currency of this crypto world. Where Bitcoin price goes, the 99% Altcoins go there. That's why the whole crypto coins depends on Bitcoin.
Bitcoin price affect a lot to price of all other cryptocurrencies on the market even it's the best altcoin, ETH 
. Bitcoin is the first cryptocurrency in this world so all other cryptocurrencies created after Bitcoin always depend on price of Bitcoin, I think you guys also can see that almost altcoin also has pari ALT/BTC so price of altcoin will dump or pump when BTC price dump or pump
. Bitcoin is the first cryptocurrency in this world so all other cryptocurrencies created after Bitcoin always depend on price of Bitcoin, I think you guys also can see that almost altcoin also has pari ALT/BTC so price of altcoin will dump or pump when BTC price dump or pump 
Bitcoin has a big effect on the prices of all altcoins, because always all altcoins following the direction of bitcoin. While this should not happen, there are mostly altcoins have real projects behind them, and the price of each altcoins should be depends on the quality and function of the project. But so far bitcoin is the main decision factor of whole crypto currencies.
It is easy. Bitcoin is a mean of transfer from cash to alt coins. First of all investors buy bitcoin and than distribute it to other coins.
The value of altcoins is inversely proportional to Bitcoin's balue. So, whenever Bitcoin fall, same goes with altcoins. But the good thing in investing in Bitcoin, you can be more assured than to altcoins, it may cease to exist instantly. But, sometimes also the USD value will not be affected. This is still dependent with the value of US Dollars in our society.
Till at once bitcoin bill consequence to all coinage. Yeah all coins counterfactual on all btc price.
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 ?
Bitcoin occupy about a half of cryptomarket so I don’t think that it has sense to talk about influence any particular alternative cryptocurrency on the whole market and Bitcoin. That influence is not so important.
Bitcoin price effect on Altcoin actually because Bitcoin and Ethereum mostly have become the base cryptocurrency for trading other coins and tokens. So,when ever the prices of these base cryptocurrencies are down they drag down the other Cryptos.
BTC has the ability to control the electronic currency showcase. 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 showcase. There is no Altcoin that is autonomous of the estimation of Bitcoin.
absolutely effect, let see when the btc down, altcoin down more badly, ( I don't talk about some specific situation or coin )
My own portfolio tells it all. It is like every time bitcoin is down, everything goes to hell. A bloodbath which can never be stopped. Even with investors coming in, I dont really know why it is still happening.
The same with Ethereum. Balances converted to USD is down and looks like it will keep on going on.
Although I still feel this will calm down. Once a mark which is okay for most buyers to go in then it will be another pump.
They might just be playing with the price to make a lot more.
The same with Ethereum. Balances converted to USD is down and looks like it will keep on going on.
Although I still feel this will calm down. Once a mark which is okay for most buyers to go in then it will be another pump.
They might just be playing with the price to make a lot more.
The price of our coins directly depends on the price of bitcoin, especially if the coin has just come out, and when it has been on the market for a long time, the price can not change radically, but it will fall 100%!
As what I've observed bitcoin's price really affects the altcoins price because everytime I watched the prices of coins in market cap I've observed that when bitcoin's price is red mostly of the alternative coins are also red, and if bitcoin's price is green most of altcoins are also green, don't know really just my observation.
Jump to: