Topic: BTC PRICE VS ALTCOINS PRICE - page 3. (Read 507 times)
of course BTC prices are more expensive with prices above 100 million and altcoin prices far exceeds standards, so BTC prices can not be compared with the price of all coins.
This is because BTC has become the standard for trading altcoins. You need to buy some altoin, go first buy some BTC.
that's right. All the penny thing is going down. Total market capitalization has gone down to $ 250 billion. It is back to the beginning of 2017. When the market capitalization is 150 billion usd
Bitcoin is the most popular with a history and still the biggest market share.
For sure, such labels as "the best crytocurrency in the market" depend on what your goals and expectations from a crypto are. If you would like to invest in crypto and gain great profits in short-term or mid-term perspectives, Bitcoin or Ether are certainly worth considering.
If you are good in trading, you will try to earn from trading high volatility pairs. If you want to get your payment back from an ICO, it will be another way round.
For sure, such labels as "the best crytocurrency in the market" depend on what your goals and expectations from a crypto are. If you would like to invest in crypto and gain great profits in short-term or mid-term perspectives, Bitcoin or Ether are certainly worth considering.
If you are good in trading, you will try to earn from trading high volatility pairs. If you want to get your payment back from an ICO, it will be another way round.
Yes, most of the times I have observed that prices of both are interconnected. If price of bitcoin falls then altcoin is also affected by this.
Many investors say they don't believe in charting versus the dollar at all. While I believe it's important to relate profits relative to bitcoin, USD charts can be valuable. In this episode, we talk about this in depth, and I'll also attempt to describe it here, including some visuals. In addition to discussing pricing in
I think that altcoins are very much dependent on bitcoin, so while bitcoin falls-all altcoins will fall.
Today i reviewed Coinmarketcap and found that due to falling BTC price top 50 Altcoins are also falling and are red for last 24 hours.BTC king of crypto World and the entire crypto world is dependent on BTC.Its mean that growth in BTC is the growth of Altcoins and vise versa.What you think.
Bitcoin will drag altcoin down because they rely on the price of bitcoin. If there is a wish you want to happen, it would be bitcoin price hike. Because if bitcoin value goes up, there is a possibility that altcoin would recover. In the past, the price of bitcoin decreased while the price of altcoins increased. Now the price of both falls. Investors will not laugh as long as the downtrend continues.
People do not have to sell their hands to see rises
When it was that the price of bitcoin decreased while the price of altcoins increased? first time I hear it) As far as I know always the price of Altcoins dependent on bitcoin. People do not have to sell their hands to see rises
In the past, the price of bitcoin decreased while the price of altcoins increased. Now the price of both falls. Investors will not laugh as long as the downtrend continues.
People do not have to sell their hands to see rises
People do not have to sell their hands to see rises
because bitcoin is the king of the crypto currency so some traders panic when bitcoin and ethereum prices go down, so until now it can be assumed that when bitcoin and ethereum prices decrease eating other altcoin prices will come down
Yes I am completely agree with you that all altcoins follows Bitcoins because I believe that Bitcoin is the mother currency of all crypto currency and you can seen when bitcoins made life time high at 21000$ level and stayed there, all altcoins also made their life time high as well and then bitcoin fallen to 6500-7000$ level mean almost 70% fall in bitcoin, all altcoins also fallen almost 70-80% from their highs.And the bitcoin is the parameter to watch the market , people see most on bitcoin for market trend.
Simple math, ALT/BTC ratio would decrease if:
- ALT coin’s value drops (i.e. people are selling the ALT coin or trading it for BTC or other ALT coins).
and/or
- BTC value increases (i.e., more demand for BTC from various accounts including USD and ALT coin conversion)
Similarly, ALT/BTC ratio would increase if:
- ALT coin’s value increases (i.e. people are buying an ALT coin by trading BTC or other ALT coins).
and/or
- BTC value decreases (i.e., BTC is cashed out for USD or other currency or traded for ALT coins)
- ALT coin’s value drops (i.e. people are selling the ALT coin or trading it for BTC or other ALT coins).
and/or
- BTC value increases (i.e., more demand for BTC from various accounts including USD and ALT coin conversion)
Similarly, ALT/BTC ratio would increase if:
- ALT coin’s value increases (i.e. people are buying an ALT coin by trading BTC or other ALT coins).
and/or
- BTC value decreases (i.e., BTC is cashed out for USD or other currency or traded for ALT coins)
You notice an increase of ALT/BTC and a decrease of BTC/USD. Remember that ALT/BTC is also “ALT/USD / BTC/USD”, so if BTC/USD is decreasing and ALT/BTC is increasing, that means that a good sum of traders are either holding on to their ALT coins and/or trading BTC for ALT while others are shorting BTC for USD in the market.
Recently you may have noticed that the increase of ALT coin’s value is highly correlated with the increase of BTC and vice-versa. Let’s add the USD to the ratio where ALT/BTC is also ALT/USD / BTC/USD. If people are buying more bitcoins then they are increasing the BTC/USD value. But since ALT is also rising, it means that BTC is also traded to buy ALT resulting in an increase of ALT/BTC which can also be translated to an increase of ALT/USD. The opposite is also correct, the decrease of ALT/BTC and BTC/USD together is a result of a quick sell of both BTC and ALT.
This is always happend in weekend.
Are you sure that every weekend like this? Well, because of bitcoin is the mainstream of all coins there altcoin is followed if the price of bitcoin will drop and also it is raising up again.
There are many reasons now bitcoin is dropping for a while, an issue of Google ban for crypto ads and lastly, there is exchange site was hacked. But all of these are a big trial to bitcoin and we must cooperate at this time all you need to do is just hold on for a while and have a patience.
As we know that bitcoin was the first cryptocurrency made, so the subcoins and other altcoins depends on the average pricing of bitcoin. And I think no Altcoin will ever get past the price of bitcoin.
Today i reviewed Coinmarketcap and found that due to falling BTC price top 50 Altcoins are also falling and are red for last 24 hours.BTC king of crypto World and the entire crypto world is dependent on BTC.Its mean that growth in BTC is the growth of Altcoins and vise versa.What you think.
To great regret this is so, bitcoin has as a huge impact on all the altcoins and the entire market. I'm really looking forward to the moment when the communication breaks down and then the altcoins really show the true face. 
yes, that's exactly what happened to the case for the umpteenth time again. perhaps, there must be an innovative altcoin to be a bitcoin competitor in order for the market to be balanced. the current decline is due to many factors, and lastly the google ban for crypto ads. has not been proven to be a bad effect, may not even have any effect, but the panic is increasingly becoming ultimately creating a back drop.
BTC and altcoin to always amazing similar, so most of the time when the BTC fall, and most altcoin will follow down, so when the big fall in BTC is a bear market, it is a good experience.
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