Does Altcoin price depend on BTC or ETH?? - page 16.

jajorforce

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Quote from: JamescrypTrader on May 28, 2018, 12:58:03 AM

Since most of the alt coins are traded with BTC or ETH. SO I think altcoins prie are dependent on the price of this two.
What is your opinion please share.

1 silly question. That is an obvious truth and it is always true. Except for some altcoin pumped, it can sometimes go against the BTC and ETH.
when BTC and ETH fluctuate, up or down. It all led to the influx of cash flow from altcoins to BTC and ETH and resulted in lower altcoin prices. Only when the BTC side way altcoin has the opportunity to break.

fumblingperch

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I don't think Ethereum plays much of a role. Bitcoin is the leader by market capitalization and Ethereum is also very dependent on Bitcoin, so Bitcoin only depends on the price and the rate of growth of the other coins.

lizaangel321

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I think yes. Since when you do not look at the graph of the ether and bitcoin and compare it with other altcoins, then they all grow together or all fall in price. Although there are some Altcoins themselves

BountyGo

copper member

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It is not healthy that btc and its forks are at war on hash power dragging other projects down to the drain.

We may well see solids project like XRP and XLM liberating from btc soon. Ones liberated Solid projects will shine.

cute nmp

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Yes most altcoin are highly dependent on btc and eth.when the price of bitcoin fall all other altcoin will decrease in price and a rise in Bitcoin will result in rises in prices of most altcoins.The price of eth also affect the other altcoins because it also have an effect on prices the only difference is that btc is having more effect on altcoins than ethereum.

Gilliffyn

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Quote from: JamescrypTrader on May 28, 2018, 12:58:03 AM

Since most of the alt coins are traded with BTC or ETH. SO I think altcoins prie are dependent on the price of this two.
What is your opinion please share.

Well , as I noticed from Ethereum , it does not depend much, if bitcoin falls then all the other coins affect it, and if eth then it does not affect the course very much!

unbotak

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Quote from: Btt.com on November 17, 2018, 11:53:55 AM

I think the price of altcoin is affected only by BTC not with ETH because ETH itself also sees BTC price to go up and just look at this time, altcoin price is absolutely no change when I see BTC has started growing

I think the price of ETH has an effect on some coins even though it's not as much as BTC because almost all coins can be exchanged for ETH so if ETH goes down it must be influential even though it's not as deep as the influence of BTC. ETH is also the best Altcoin that has a role in the market.

Btt.com

newbie

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I think the price of altcoin is affected only by BTC not with ETH because ETH itself also sees BTC price to go up and just look at this time, altcoin price is absolutely no change when I see BTC has started growing

axel2078

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Quote from: MSTuTeJIb on November 17, 2018, 11:36:30 AM

To be honest, this is the question of a person who has just heard the word cryptocurrency. Everyone knows that altcoins are not dependent on bitcoin. They are on their own

Quite surprised with your thoughts. So why when bitcoin and ETH fall then altcoin fall so quickly? Obviously altcoin depends a lot on Bitcoin and ETH, if BTC and ETH fall then all investors will panic to buy as much BTC and ETH as possible.

MSTuTeJIb

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To be honest, this is the question of a person who has just heard the word cryptocurrency. Everyone knows that altcoins are not dependent on bitcoin. They are on their own

Tahdayi

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Quote from: JamescrypTrader on May 28, 2018, 12:58:03 AM

Since most of the alt coins are traded with BTC or ETH. SO I think altcoins prie are dependent on the price of this two.
What is your opinion please share.

Well , of course it depends , you can say 2 giants in our market, and if they are in the bear market then the rest of the coins, too, but of course much depends on bitcoin more !

BeManga

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CryptoDirectories.com

Quote from: JamescrypTrader on May 28, 2018, 12:58:03 AM

Since most of the alt coins are traded with BTC or ETH. SO I think altcoins prie are dependent on the price of this two.
What is your opinion please share.

yes i also agree price of altcoin depend on btc and eth

jademaxxiss012

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Quote from: jyotianand01 on November 11, 2018, 10:47:54 AM

All altcoins have correlated with bitcoin as bitcoin is the base currency of this market and whatever direction of its movement, the whole market follow the same trend and it is happening every time.

Yes, but the best thing about altcoins could pump up with the help of the community creating huge demands for their crypto. This is why some of the people had earn so much on altcoins. However, it could also be risky since not all altcoins will going to have a good market price increase especially if bitcoin market price falls down.

syypro

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Quote from: JamescrypTrader on May 28, 2018, 12:58:03 AM

Since most of the alt coins are traded with BTC or ETH. SO I think altcoins prie are dependent on the price of this two.
What is your opinion please share.

Of course, all Altcoins depend on the price of BTC and ETH. This is a lego seen on the coinmarketcup website after looking at the charts of the coin. There are of course exceptions, but this is rare.

ahmed04

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The price of altcoins depends more on Ethereum. At the moment, most of the investment in ICO falls on Ethereum, so its price affects how much the project can collect.

Cryptoboss255

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Altcoins or Alternative coins are related to Ethereum or the Ethereum blockchain so, the price of any altcoins depends on the price of ETH

veter2601

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At the moment, BTC has the largest capitalization and dictates a trend to the entire crypto market. ETH is second in capitalization, but it also follows BTC. Now on the bear market, this dependence of altcoins on BTC is highly visible. But at certain moments, when the market changes its trend, the connection between BTC and altcoins can weaken and with a falling BTC, altcoins can grow and vice versa.

kabzon_btw

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Quote from: crypthomonkey on November 15, 2018, 02:18:07 PM

Quote from: Henisusan on November 15, 2018, 02:13:13 PM

The increase or decrease in the price of all coins in crypto depends on BTC. The value of BTC is very sensitive to whatever is happening on crypto when it will give effect to crypto, therefore the crypto value is very volatile. But the price of altcoin also has a basic influence on themselves, the better the quality of the coin, the stronger the ability of the coin to be able to have a good price.

i think thatsome old coins and projects are independent enough for us to understand taht they will survive even without them

etehreum and biycoin are really good and i think that they are holsing a big pressure on their shoulders actually

kabzon_btw

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Quote from: JamescrypTrader on May 28, 2018, 12:58:03 AM

Since most of the alt coins are traded with BTC or ETH. SO I think altcoins prie are dependent on the price of this two.
What is your opinion please share.

some coins depend a lot on the peoepe and on other cryptcurreny bt i thibk that they are not the bigger part of the cryptcurrency wolrd

crypthomonkey

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Quote from: Henisusan on November 15, 2018, 02:13:13 PM

The increase or decrease in the price of all coins in crypto depends on BTC. The value of BTC is very sensitive to whatever is happening on crypto when it will give effect to crypto, therefore the crypto value is very volatile. But the price of altcoin also has a basic influence on themselves, the better the quality of the coin, the stronger the ability of the coin to be able to have a good price.

i think thatsome old coins and projects are independent enough for us to understand taht they will survive even without them

Topic: Does Altcoin price depend on BTC or ETH?? - page 16. (Read 139704 times)