This is a normal trend! Bitcoin is the leader of the cryptology, and at the moment the altkokins follow the bitkoy! I hope that soon everything will change, and the altcoyins will break away from the bitkoyna and stand up!
the fact that Bitcoin has become less interesting to users of crypto currency, is already visible to the naked eye. Apparently, many investors have already turned their backs on Bitcoin and bet on altCoin, including on the etherium. Probably it's time Bitcoin is already passing. 
Topic: bitcoin prices go down, why altcoins prices also go down? - page 2. (Read 594 times)
since the first time i has been working with crypto btc was the big father with controll all the prices.
i think this is not so bad as it sound like.
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quote author=borjois56 link=topic=4288847.msg38577270#msg38577270 date=1527306345]
I want to ask you all, why if bitcoin price goes down, altcoins price also come down, what is alcoin-price bitcoin, please give me your answer.
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i think this is not so bad as it sound like.
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quote author=borjois56 link=topic=4288847.msg38577270#msg38577270 date=1527306345]
I want to ask you all, why if bitcoin price goes down, altcoins price also come down, what is alcoin-price bitcoin, please give me your answer.
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This is a normal trend! Bitcoin is the leader of the cryptology, and at the moment the altkokins follow the bitkoy! I hope that soon everything will change, and the altcoyins will break away from the bitkoyna and stand up!
This time the altcoin market has crashed much higher than that of the bitcoin. As the value keeps on counting, the dominance of bitcoin kept increasing. Recently it was found little away from 48.5%, and the ethereum, and other cryptocurrencies has gone down to 15%. Hopeful involvement will leads with success.
little do I know that's why because bitcoin is the main currency and there is interrelationship with financing between bitcoin and altcoin that is why bitcoin price influence altcoin price
It seems that you still don't know the meaning of Bitcoin in the cryptocurrency market. You should learn more. Bitcoin now represents the entire cryptocurrency market price.
This happens because bitcoin market cap overshadows all other cryptocurrency and also the fact those most cryptos are paired to be traded against btc directly so the price movement of btc always affect alts
because bitcoin is still the price standard in the crypto market, because bitcoin is the biggest blockchain. so when bitcoin goes up, altcoin will follow it.
I think if you can see on every market, you can check the altcoin prices now is increase and many of them reach the highest price because of bitcoin still in the high price now. but if bitcoin is down, I think there is still a coin that can increase higher because they do not depend on bitcoin movements and they can move up and down by free. but yes, all altcoin is made the adjustment from bitcoin price and if bitcoin is going to down too deep then all of the altcoins can get down too deep too.
Because the price of altcoins is connected to the of Bitcoin. When it down alts also down. Hope it will rise very soon again
Bitcoin still totally rules the market so if Bitcoin drops then the alts will also drop however if Bitcoin rises the alts may still drop rather than rise with it. It's a phenomenon that over time you get used to so a likely rise in alts will only come after a sustained rally in the price of Bitcoin.
I want to ask you all, why if bitcoin price goes down, altcoins price also come down, what is alcoin-price bitcoin, please give me your answer.
This is a very simple reason, because altcoins are usually exchanged with BTC, and when the price of BTC rises, altcoins are too late to keep up, then altcoins is depreciated relative to btc. I want to ask you all, why if bitcoin price goes down, altcoins price also come down, what is alcoin-price bitcoin, please give me your answer.
Altcoin stands for “alternative to Bitcoin” and is used describe any crypto currency that is not a Bitcoin. If the price of Bitcoin is falling then altcoins usually goes down too.
Down and rising bitcoin or coin the other is not an oddity. someone can get a huge profit also can get a big loss when making decisions in terms of crypto investment. keep calm to avoid big losses. you will find the bitcoin price below than when you decided to buy but I am sure a time will go back up.
This is a normal phenomenon, but it is currently the case. The entire cryptocurrency is dependent on Bitcoin and they will become worthless if they leave Bitcoin.
To the best of my knowledge, I can only say that, most of the altcoins have their equivalence to bitcoin, thus, they are more of dependent on the market price of bitcoin. Besides, people trade or set some prices for altcoins based on the prices of bitcoin and eth. A good examples are altcoins built on the ethereum blockchain. Eventually, if the merket prices of eth goes down, it will affect those coins directly or indirectly.
Hello, I think that bitcoin is the main crypto currency at the moment. and when people feel fear and they sell altcoin for bitcoin and then sell bitcoin. the price of altcoin depends on the price of bitcoin. and when people come out of the crypto currency they destroy the price of bitcoin, and in the double they kill the price of altcoin.
I want to ask you all, why if bitcoin price goes down, altcoins price also come down, what is alcoin-price bitcoin, please give me your answer.
bitcoin is the benchmark of all second and third generation altcoins, if we give the name of the bitcoin as first generation cryptocurrency, so all subsequent doses of altcoin are Bitcoin, if the bitcoin falls then the coin of another person also goes down. but there are also some coins whose price rises if the bitcoin descends, cryptocurrency or altcoin stand-alone type, usually the coin has its own price without bitcoin relevance, although we can change the market into bitcoin form when trading.
I want to ask you all, why if bitcoin price goes down, altcoins price also come down, what is alcoin-price bitcoin, please give me your answer.
that is because some altcoin makes bitcoin values as benchmarks for example ETH/BTC, XLM/BTC, BCH/BTC. So when the bitocin price drops it is a sign of decreasing demand and it will also cause the demand on altcoin to decline this according to market logic. Some argue it is due to coincidence only because in fact the cryptocurrency is self-contained, and I see when bitcoin price drops there are some altcoin even up.
Most of the people follow the price of bitcoin to invest on the crypto currencies so when the price falls people won't invest that much so the demand will get lowerd also the prices.But there is no need that this will happen always because lot of time the prices of some altcoins will sky rocket when the price of bitcoin is falling.
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