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Topic: Correlation of Altcoins (incl ETH) and BTC? (Read 142 times)

member
Activity: 77
Merit: 10
November 02, 2017, 09:10:27 AM
#1
Hi,

with the BTC going through the ceiling I have the feeling that all the other altcoins are under a severe pressure.

And somehow I explain this to my self like this:

the altcoin (e.g. an ETH token) is evaluated in an altcoin (ETH) which is basically evaluated on BTC.

Is there any mathematical correlation between these 3 layers or is just that everybody is leaving the tokens behind get more BTC?

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