Topic: Bitcoin's price decrease and increase - page 2. (Read 471 times)
Somehow bitcoin price increase because its being bought by the altcoins held by traders, once they trade if with bitcoin it then means the demand of BTC rises and so is its price. Most of the time I think its USDT that is being used to buy BTC though, they prefer the coin that will hold a consistent value so there will be lesser loss.
Does Bitcoin's price decrease and increase make the other Altcoin price decrease and increase? When the Bitcoin decreases, the other coins are reduced by the price. While the price of bitcoin increases, most coins increase. What's the reason for this?
We normally see most altcoin price drops when Bitcoin price drops, because exchanges use Bitcoin as their reserve currency, and if you look at the price of most altcoins the price is not really the equivalent to us dollar or fiat but it is based on the equivalent value in Bitcoin so whenever Bitcoin price drops it is likely that most altcoin will follow especially those in top ranking in market capitalization which is supported of most cryptocurrency exchange. But it doesn't mean that the movement will always like that, there are times that Bitcoin drops and some altcoin are pumping because there are people who sell their Bitcoins to buy those altcoins.
this is a natural trend for any investment - Bitcoin is right now more of an asset and people are investing it, so, Bitcoin, as an asset, can go highs and lows - its natural.
yes, because bitcoin is a barometer and a crypto king, but I think when bitcoin goes down, not all altcoin also come down. only altcoins that have good growth can survive.
Good altcoin will go down, but only a few percent. may rise and also stable. but unlike the altcoin that has no plans, it will drop dramatically.
Good altcoin will go down, but only a few percent. may rise and also stable. but unlike the altcoin that has no plans, it will drop dramatically.
Most likely the reason for this may be robots that trade on exchanges and their algorithm is based on the Bitcoin's price.
yes bitcoins price can affect the prices of some altcoins, because in some markets and trading sites use bitcoin to buy altcoins so the demand of bitcoin is increase it price also will increase, if they sell it out the token will go back to the circulation as well as the bitcoin so the stocks of tokens increase because of the selling the price of alts and bitcoin will decrease, but in the case of bitcoin many people hold bitcoin thats why if the price decreases but not that crash.
Does Bitcoin's price decrease and increase make the other Altcoin price decrease and increase? When the Bitcoin decreases, the other coins are reduced by the price. While the price of bitcoin increases, most coins increase. What's the reason for this?
this depends, there are times when the price of bitcoin goes up a lot, the prices of altcoins fall a lot and the reason for this is because the people who have altcoin sell their altcoins to buy bitcoin when the price of bitcoin is too high... and there are times that bitcoin falls and the altcoins also fall because of some bad news, for example: " if the news channels said that japan is going to ban bitcoin "bitcoin and all altcoin they fell, but if they said that" "European Union will legalize bitcoin" the price of bitcon would rise a lot and the altcoin fell a lot.
Bitcoin is the first crypto currency to be the parent of the other coin coin so it is very influential to the success of Altcoin. Altcoin's success is determined by Bitcoin because they can not handle it.
Does Bitcoin's price decrease and increase make the other Altcoin price decrease and increase? When the Bitcoin decreases, the other coins are reduced by the price. While the price of bitcoin increases, most coins increase. What's the reason for this?
Bitcoin and other alt coins are cryptocurrency , meaning it is volatile. The value is not fixed. Every now and then it keeps changing it value. It may increase or maay decrease depending to the market and also it goes like the demand and supply also.
Bitcoin's value is the basis of altcoins due to it being the first digital currency. The movement of bitcoin can affect the value of altcoins, thus when btc is up we can also expect increased value for altcoins and decrease when btc is down.
From the start bitcoin is really trend because of its volatility and we all know that after the price fall the next is a huge rise maybe we can get more reference from the past few years about the bitcoin price if we engage in buying and selling process of gaining.I believe that it is now really the right time to buy bitcoin because the price is really getting low it is really a great opportunity because if the price rise we can really sell and gain profit.
Bitcoin is a king of the crypto currency world.I see January to February month bitcoin price still 8K plus.it's lower price.because 2017 year last month we are see bitcoin price 20K plus.but now huge decrease. But it does not matter now time to hold.we are bitcoin buying and keep holding. Don't worry,bitcoin price again going increase 20K,hope is possible.
Bitcoin's value is the basis of altcoins due to it being the first digital currency. The movement of bitcoin can affect the value of altcoins, thus when btc is up we can also expect increased value for altcoins and decrease when btc is down.
Does Bitcoin's price decrease and increase make the other Altcoin price decrease and increase? When the Bitcoin decreases, the other coins are reduced by the price. While the price of bitcoin increases, most coins increase. What's the reason for this?
Not as you think, bitcoin has nothing to do with other altcoins. The altcoin is based on a platform and they have a common effect. Bitcoin and other altcoins decrease due to the influence of common factors. Not when reduced or increased bitcoin will affect the other altcoin. Occasionally bitcoins increase, but other altcoins decrease and vice versa. Bitcoin is the king of all altcoins. Its price has seriously affected the prices of other cryptocurrencies.
Yes the king of all altcoins, price decrease and increase of bitcoin also affect the price of altcoins. Most relay on the value of bitcoin. As all users got benefited of bitcoin so when bitcoin prices movement increase altcoins does follow. 
Since Bitcoin is the king of cryptocurrency investors will worry if Bitcoins price decrease that affects altcoin. As of now people thinks that if bitcoin fails all crypto currency will fail.
cause they think that no one can overcome in bitcoin that is why they are too much afraid when bitcoin has some movement and they also may ever see that altcoin dont have so they dont let this may ever happen as long as there is some movement in bitcoin specially when decreasing they may also want to have in altcoin too.
Bitcoin is the king of all altcoins. Its price has seriously affected the prices of other cryptocurrencies.
Majority of crypto currency are born for bitcoin. Bitcoin is the main and first crypto of all crypto currency so all other crypto are dependent on it. This is the prove for crypto world. And so that bitcoin are popular and it's bit long.
Since Bitcoin is the king of cryptocurrency investors will worry if Bitcoins price decrease that affects altcoin. As of now people thinks that if bitcoin fails all crypto currency will fail.
It shows that altcoins are under by bitcoin and can’t stand if bitcoin falls.
Does Bitcoin's price decrease and increase make the other Altcoin price decrease and increase? When the Bitcoin decreases, the other coins are reduced by the price. While the price of bitcoin increases, most coins increase. What's the reason for this?
This proves that success of altcoins depend on bitcoin, and they will never be able to overcome it.
You can sure say that, And that is one of the things why Altcoins price decrease and increase as per bitcoin does, Well Altcoins have another thing that can make its value increase and that is thanks to the hard work of developers that an Altcoins is reaching its certain goals, And thanks to Bitcoin certain Altcoins are base on the exchange of bitcoin,
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