Topic: do the bitcoin dump is affecting the price of altcoins (Read 406 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
If Bitcoin will dump more down in future than what will to other Altcoins it will also dump or bull high?
It is believed that the bitcoin and altcoin prices are related. When the bitcoin price grows or falls, this change is also felt by the altcoin prices.
If Bitcoin will dump more down in future than what will to other Altcoins it will also dump or bull high?
yes, that's what happened. that is a fact
but I don't think it's possible if bitcoin will be discarded in the future, market cycles always have buyers and sellers. before there is an altcoin that can be a counterweight to bitcoin the market will always be bound by the development or decline of bitcoin.
yes i have seen some alts are dumping 2X when btc is dumping little. may be alt holders are selling their alts to buy more BTC. so alts may go down more harder than BTC. anyway im not thinking about that much. alts are the best choice for best gains
In addition, altcoins are listed as altcoin / Bitcoin, when price Bitcoin drops, so many people hold altcoins to sell to Bitcoin, in order to avoid excessive losses. When people still see Bitcoin as the king in the crypto, we can hardly avoid this
the reality in crypto market is like that. when the price of bitcoin is falling it has an impact on the price of the altcoin. but if bitcoin rises then all altcoins will also rise.
With the look of things, to balance the market cap, the price of bitcoin tend to affect the price of altcoins and trust me in the nearest future if bitcoin price continues to dump the altcoins price would be affected too. But the hope is still strong for positivity..
If bitcoin drops it's probably most alt will dump because most of them are paired with bitcoin in terms of trading. But if the coin shows a good performance and a strong community support, it won't dump.
If Bitcoin will dump more down in future than what will to other Altcoins it will also dump or bull high?
Do you think that alts can survive if the center attraction of the market is being dumped? Many scenario's can possibly happen but that's the scene that's possible to happen, bitcoin being dumped leads to alt coins dumped too. But there are also some things that we've seen when bitcoin pumps, alts are suffering too and some of you think that's unfair on the part of altcoins. In this part, you have to realize on how precious bitcoin in the market so if you're altcoiner, think again if you don't have bitcoin.
From bitcoin depends on the entire market and everyone is drawn to it but if any altcoin touches the bottom then it can very well start growing regardless of bitcoin !
Looking at the history of this industry, you can see that almost all cryptocurrencies are following the trend of bitcoin. But recently, I saw Bitcoin rose 10%, and then other cryptocurrencies did not increase much. I don't know if this means that the altcoin is not attached to Bitcoin. If it is true, I think this is a good news.
yes i have seen some alts are dumping 2X when btc is dumping little. may be alt holders are selling their alts to buy more BTC. so alts may go down more harder than BTC. anyway im not thinking about that much. alts are the best choice for best gains
I think this dump is currently in preparation for the next big bull run. We are fast approaching the end of the year where expectations are high and a lot of money are at stake. Also, investors are keen to see btc beat its old record of around 20K USD. I hope it does beat its old record sooner that we expect it to.
If cryoto users want to diversify into alcoins all they need to have trust in the recovery of bitcoins. When BTC pumps up in a large amount the tiny shrink can do some wonder on altcoins.
I think if bitcoin falls too fast, it will lead to a bear market. Altcoins will also fall sharply as bitcoin prices fall. Even most altcoin will die.
If bitcoin continues to fall-all coins will fall.Bitcoin sets the trend and all coins are guided by it.
I do not think only dropping off of bitcoins affects the price of alcoins. That cannot be the major reason. Both can be down at the same time as the whole market is down and it is affected by other things too.
There are so many other factors need to be considered here instead of the down price of BTC. Political issues, regulations and ban issues also bear impacts on market price as crypto world is very volatile.
I notice that prices of altcoins will be affected when bitcoin price fluctuate since Bitcoin is the market leader. And normally, the gain/loss percentage of altcoins fluctuate more than Bitcoin.
Yes, it could be a possibility. Given the most preferred coin is BTC, and if that hits a fall then the investors will believe that the same fate will come to all the other coins. Therefore, we see all the coins get dumped when the BTC's price falls.
Bitcoin is the pioneer of cryptocurrency then altcoins will be, sort of the followers of it. If bitcoin doesn't make it, then the market sentiment will be low for the technology dragging all crypto markets low. But it will not be permanent as Altcoins have its own improvisations and innovations.
If the price of bitcoin increases, then the prices of other altcoin will increase. Because the crypto market depends on liquidity. Here Bitcoin leads the crypto market. Here are some other coins followed by Bitcoin.
The crypto market depends on liquidity. So it's hard to predict about this. Even then analyzing the current market system, the crypto market is being developed. I think bitcoins will be better and turn around.
As seen in the charts, bitcoin price really affects altcoin price as well. When it dumps, altcoin dumps and when it goes higher some altcoins goes higher,too. Maybe this is because bitcoin has been the trail maker in the digital world and other coins next to it depends on its market value. Just a mere thought because I am not expert yet.
All previous cryptocurrencies were attached to Bitcoin, but Bitcoin rose 10% in the previous period. However, other altcoins did not rise too much, so I think the market is changing now. The altcoin is not completely dependent on the bit. The currency is gone.
You can see it in the market right now, whether or not it has an impact depends on your opinion, in my opinion the decline in bitcoin will also have an impact on the altcoin, because as we know that bitcoin is a benchmark of the value of altcoin.
Bitcoin has not dumped in the market; it’s prices has only faced several price fluctuations which is normal for such a huge project
But when it comes to altcoins, the tokens are sold at ridiculous prices and goes dumping towards 1 or 2 sats
The differences are clear
But when it comes to altcoins, the tokens are sold at ridiculous prices and goes dumping towards 1 or 2 sats
The differences are clear
If Bitcoin will dump more down in future than what will to other Altcoins it will also dump or bull high?
When many people see that bitcoin is rising they tend to sell a lot of there stakes in altcoins to get in on the rise of bitcoin. They make a short profit on the bitcoin rise and then buy back there altcoins at a discounted rate as there prices diminished because of the btc price pump. Simple way to increase your stakes in altcoins whilst gaining a little profit in bitcoin.
bitcoin rise and fall always affect the rise and fall of other alternate currencies, bitcoin is the king of crypto currencies, it has huge influence on others alt currencies.
If Bitcoin will dump more down in future than what will to other Altcoins it will also dump or bull high?
If bitcoin will dump down the price of all altcoins will also dump. Bitcoin is the basis of all altcoins. But I think this won't happen that bitcoin will dump more down in the future. Price volatility is the nature of bitcoin but it has a trend going up and down. Maybe blockchain technology will be more developed and the prices of cryptocurrency will sore high in the future.
If Bitcoin will dump more down in future than what will to other Altcoins it will also dump or bull high?
Actually yes, the dumping of btc can gives a big effects to altcoins because like we have noticed for a long time that some of them are only depends in the movements of bitcoin so whatever the btc movement will be it for sure that altcoins will do the same way too.
Good altcoins will recover for sure, and quality ones will increase in value. I have been recently following Stellar that is generally on the rise and the tokens issued on the Stellar platform - now there is a bump like in any cryptocurrency over the past few days, but generally Stellar is on the rise because of the prospective Coinbase listing and other advances. This will also boost tokens issued on the Stellar platform...
My most recent find among alts is AXU, "Argentas Exchange Unit" token issued on the Stellar platform and listed and verified on the Stellarport decentralized exchange, now only at its pre-distribution, or pre-ICO phase. A true hidden diamond, with low profile so far. Experienced people clearly, and cool tech for decentralizing and revolutionizing global banking - their website at argentas.io.
The pre-ICO price is 50% cheaper than the ICO price, a sure winner IMO, and I will certainly get some. They also have an ANN thread, I think here https://bitcointalksearch.org/topic/xxx-4431900. I dug really deep in their content, and it is really cool stuff
But don’t forget your own research!
My most recent find among alts is AXU, "Argentas Exchange Unit" token issued on the Stellar platform and listed and verified on the Stellarport decentralized exchange, now only at its pre-distribution, or pre-ICO phase. A true hidden diamond, with low profile so far. Experienced people clearly, and cool tech for decentralizing and revolutionizing global banking - their website at argentas.io.
The pre-ICO price is 50% cheaper than the ICO price, a sure winner IMO, and I will certainly get some. They also have an ANN thread, I think here https://bitcointalksearch.org/topic/xxx-4431900. I dug really deep in their content, and it is really cool stuff
But don’t forget your own research!
If Bitcoin goes down nothing will survive.
It seems to me that the situation unfolded differently. Many altcoins did not react to the growth of bitcoin because the growth looked very strange. Therefore, there was no support, on the contrary, many altcoins began to fall and today we see the consequences.
We can not compare alt coins with the power of Bitcoin. Look only at the total cap and volume of Bitcoin. The bitcoin domination is near 45% what mean that it is only enough for the half of the total market cap.
It seems to me that the situation unfolded differently. Many altcoins did not react to the growth of bitcoin because the growth looked very strange. Therefore, there was no support, on the contrary, many altcoins began to fall and today we see the consequences.
if bitcoin experiences an altcoin dump it will also go down. Likewise with other coins will definitely experience a decline. if you have an altcoin you also have to have bitcoin because it is very important if the altcoin experiences a dump that drops your altcoin still has other coin reserves.
I think if BTC will dump below 5,000$ mark then people will definitely think of moving to ALTs again. Otherwise, I see no hope for ALTs right now. Even getting dumped to 6,300$ this week it hasn't made a huge change in BTC's demand.
I do not think that bitcoin will drop its price, but the price of altcoins directly depends on it!
Bitcoin always afect the price off alts. When Bitcoin down, almost all altoins Will down. But i dont see dumping Bitcoin Wright Now. I dont believe in 15k prices this year but i Also dont believe Will finish below 5k.
yes of course the price of bitcoin is decreasing and the altcoin also follows the price of bitcoin, but for us the decline in bitcoin prices also makes sense, so we will also get more profits. by waiting for prices to go down and we sell high prices.
Altcoins do not have a real product that people need. Based on this, most Altcoins depend on the mood of the market.
We need companies that will create a product for the crypto community
We need companies that will create a product for the crypto community
If Bitcoin will dump more down in future than what will to other Altcoins it will also dump or bull high?
I think bitcoin always connected in price with altcoins, but it doesn't mean that the whole altcoin market price always will follow hardly connected to it, it's like just some following part, but not the most If Bitcoin will dump more down in future than what will to other Altcoins it will also dump or bull high?
Bitcoin price movements are generally able to influence the price of altcoins, because Bitcoin is the economic center of all crypto currency markets, then the influence of bitcoin on the altcoin will always be there, so the correlation is centered on people taking profits or cutting losses in Bitcoin by choosing altcoins when under certain conditions, vice versa.
Bitcoin is not dumped. It has been in the market for 9 years, and it is better year after year, getting more people to invest and store. I think its future will only get better and better. As for the altcoin, it is possible, but the value that will help us will still stand and the same as Bitcoin will never dump.
This happened when the bitcoin is dumping, the price of other altcoins are also dumping. We will see that that bitcoin is the god of all the altcoins. I think this is the right time to buy the top 20 altcoins in the market.
I don't think bitcoin holders are dumping their coins anytime soon. They did so when the price were over $19K last year so its already dumped.
Bitcoin is now on a stage preparing for the next pump. Invest wisely, buy and sell in the right time.
Bitcoin is now on a stage preparing for the next pump. Invest wisely, buy and sell in the right time.
the funny part is no matter what happens to bitcoin it seems like altcoins are getting dumped hard. we saw a while ago that when bitcoin started rising from $6000 to $8000 altcoins were getting dumped still and some of them even went down hard enough to gain the top dumped altcoin position of that day.
If Bitcoin will dump more down in future than what will to other Altcoins it will also dump or bull high?
This is what we notice most of the time. When Bitcoin dump, other altcoins follow it. I think people are just following bitcoin trend so they buy when it rises and sell when it is down. The only exception is USDT which is almost stable comparing to USD of course If Bitcoin will dump more down in future than what will to other Altcoins it will also dump or bull high?
Do you think that alts can survive if the center attraction of the market is being dumped? Many scenario's can possibly happen but that's the scene that's possible to happen, bitcoin being dumped leads to alt coins dumped too. But there are also some things that we've seen when bitcoin pumps, alts are suffering too and some of you think that's unfair on the part of altcoins. In this part, you have to realize on how precious bitcoin in the market so if you're altcoiner, think again if you don't have bitcoin.
I think there will be dumping.
When bitcoin falls dramatically, it's a terrible thing that all the tokens are going down.
When bitcoin falls dramatically, it's a terrible thing that all the tokens are going down.
I think bit coin won’t dump In future. It already recover. I think it will more than 8500 dollar at the end of the month. If bitcion reach this alt coin price will also increase.
If Bitcoin will dump more down in future than what will to other Altcoins it will also dump or bull high?
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