Topic: do the bitcoin dump is affecting the price of altcoins (Read 424 times)
Bitcoin directly affects the entire cryptocurrency, and it takes off most of the coins to take off. But if it falls then the other coins fall more violently.
When Bitcoin dump, other altcoins follow it, because majority altcoins not have the his product.
If Bitcoin will dump more down in future than what will to other Altcoins it will also dump or bull high?
I think bitcoin is still an indicator for the altcoin, whether it will go down or up and this also continues to apply in the future.
of course it will be very influential,
when bitcoin starts to throw away the price, the altcoin will also start following it because investors or traders begin to experience panic and feel scared of losing most of their funds and exchanging it on fiat.
when bitcoin starts to throw away the price, the altcoin will also start following it because investors or traders begin to experience panic and feel scared of losing most of their funds and exchanging it on fiat.
Somehow, BTC tends to have a domino effect on the other coins too. So yes, if BTC falls, the other coins will fall too. This mainly happens because of the immense popularity of the BTC.
if the price of bitcoin goes down from day to day, I think this will be a bad influence for alternative coins. where people's trust in the digital currency is down, so people panic to sell it. this means that the alternative price of the coin will fall.
Definitely! At least for coins that are over the period of their hype. If there is a new coin and it is being hyped at the moment that BTC is being dumped, it does not affect that coin. This is what I have noticed. This also rekt me, because i bought that coin in hype 
Never going for that mistake again.
Never going for that mistake again.
I agree with you that ethereum is increasingly popular every day. I also use ethereum as an investment. then, why is ethereum more popular than other coin alternatives? in my opinion is because the security system in altcoin is better.
maybe right now, you can see what is happen with the altcoin as we know that bitcoin price is down and the price still in the bottom. many altcoins are getting down too like bitcoin but this will not happen with the other altcoin because there is an altcoin that still trying to increase although it is difficult to make a new higher price. and if we can use this altcoin, I am sure that we can still make a profit from the coins and I think we can choose one or two coins to buy and sell the coin but still be careful and don't be greedy to case the profit.
yes, Bitcoin's Dump is affecting all the other coins ints way because it is all interconnected as its a chain where all the cryptocurrencies are latched to bitcoin and its terms. so Basically As per my point of view bitcoin's dump is effecting Altcoins on its way. and so I do believe in bitcoin as its the Godfather of cryptocurrencies as once its figure rises it will also push all its cadets ( Altcoins) in its way.
All the Alt will dump I think. Already you can see the effect. Because the investors are looking at BTC mainly to take their decisions about other Alt coins.
according to my personal observations, bitcoin sets the trend to all other alternative coins. however, recently, when bitcoin has grown, other altcoins have not shown high growth, some have fallen even more. I think you should not look only at the price of bitcoin, look at the volume in the market. it seems soon will go new players, then there will be growth.
You are right, but as well the fall of bitcoin is shorting market capitalization as it is also considered as the crypto currencies market index. If Bitcoin will dump more down in future than what will to other Altcoins it will also dump or bull high?
almost all altcoins are being traded in terms of bitcoin - the father of all crypto. if bitcoin receives negative reaction and dumped hard, altcoins will be affected - price will also go down. there might become a time where bitcoin will be replaced, but that would be in the far future.
well the last time bitcoin was rise up, many altcoins cant even following bitcoin uptrends. but when bitcoin was down that affect altcoins thats was quite upseting
according to my personal observations, bitcoin sets the trend to all other alternative coins. however, recently, when bitcoin has grown, other altcoins have not shown high growth, some have fallen even more. I think you should not look only at the price of bitcoin, look at the volume in the market. it seems soon will go new players, then there will be growth.
If Bitcoin will dump more down in future than what will to other Altcoins it will also dump or bull high?
Obviously all altcoins will bleed drastically when bitcoin dump and drop more deeper, and also thesame when bitcoin pumps, but the different is when bitcoin starts to pump and soon to skyrocket, after bleeding all altcoin should followed bitcoin pump.
The more the price of bitcoin dumps then the more the price of the altcoins will dump. The prices of the altcoins do not move on their own as it is dependent on the price of bitcoin. If we want the prices of the altcoins to start doing better then we need to increase our support for bitcoin. It is a known fact that the entire market moves with bitcoin.
Yes it's like that. But when price is pumping, not all alts are pumping too. Only few ones. Especialy when it is bull pump.
if bitcoin goes down in price, it will affect the price of alternative coins. because it can be said that bitcoin is the father of all coins. but this is only my prediction, it can be wrong and it can also be true.
No bitcoin holder is dumping anytime soon the price is so low now waiting for the time it will rise but i think regulation is happening
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