Does Altcoin price depend on BTC or ETH?? - page 18.

Xiroartoni

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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.

Now, due to the lack of large infusions into the crypto industry, assets are transfused from one to another. This can be seen from the alt/btc price movement. With the growth of btc, a small Alt drawdown occurs and Vice versa. Thus, interest in a particular asset is maintained. Plus, it is done by regular market players that make the price move up or down. As long as there are no large institutional investors in this market, we will not see a sharp rise in the exchange rate. It remains to catch the pump and thus take a percentage of the transactions. I think when the market capitalization will be more than 1 trillion, the dependence of one on the other will change a little and will operate other patterns.

bitcoin.clakr

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The price of alternative coins is always very sensitive to the movement of the bitcoin price. Coins are starting to get cheaper at a time when Bitcoin is going down.

coinnumber

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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.

You are right, the price of all cryptocurrencies mainly depend on Bitcoin. As it control Coin Market Capitalization. As for Ethereum I don't see it as what can affect the price of other crypto coins as it price largely depend on Bitcoin. So I will conclude on the fact that Bitcoin has the power to control all other coins price and is the leading coin.

alexsoul

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”Decentralized Digital Billboards”

The price of all cryptocurrencies largely depends on Bitcoin. But I can not say that Ethereum affects their value, it is rather like others follows the price of Bitcoin. I may be wrong on this account, but for the year that I follow the cryptocurrency market, it was exactly so.

Maknae09

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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.

I think it is still depends on the investors of a particular ICO. The price doesn't always related to the bitcoin and ETH's value, there are some altcoins which are independent and can increase and decrease its value depending on the factors that affects it.

Alisha FR

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Cryptocurrency is a decentralized market, which is influenced by buying and selling factors in the market, I think altcoin is not always profitable for ETH or BTC. altcoin market movements are more dependent on market demand itself.

Nowherman

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In my opinion, the price of altcoins depends more on the crypto exchanges on which they being traded. If a coin gets a listing on Binance, as a rule, its price increases significantly, despite the price of Bitcoin or Ethereum at this time.

Psynthax

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Quote from: lichnosam on November 13, 2018, 12:37:48 AM

Quote from: Sab11 on November 08, 2018, 10:08:17 AM

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.

all of erc 20 altcoins is made up in etheruem and when the price of bitcoin gets down the affect in altcoin is strong because eth price is depend on bitcoin price, when the price of bitcoin gets down its get domino effect the price of almost all of altcoins get down too.

Yes, I agree, but I wonder when this tendency that altcoins depend on ETH and ETH depends on BTC will end. It's strange that the coins don't live their own lives, and all still depend on BTC.

Because they still used bitcoin as the base pair. Remember ethereum has been doing the same thing too and that's why they can't even leave from the bitcoin domination dude. Bitcoin as the rule of crypto will be dominating crypto forever.

ipsec

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I saw how the price of Ethereum stood still, and the total investment in ICO fell, so I think altcoins depend on the price of Bitcoin.

lichnosam

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Quote from: Sab11 on November 08, 2018, 10:08:17 AM

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.

all of erc 20 altcoins is made up in etheruem and when the price of bitcoin gets down the affect in altcoin is strong because eth price is depend on bitcoin price, when the price of bitcoin gets down its get domino effect the price of almost all of altcoins get down too.

Yes, I agree, but I wonder when this tendency that altcoins depend on ETH and ETH depends on BTC will end. It's strange that the coins don't live their own lives, and all still depend on BTC.

nianastasia62

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The market has been based bitcoin and it depends on the whole market in the whole and even Ethereum. This is as usual the economy is followed by the operands for the flagship which leads the big game !

zedaq

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Now a very large number of people understand that there is a very large dependence, and of course most projects really depend on such giants as BTC and ETH. I am sure that you understand this too.

rippar

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Of course, the price of altcoins depends on BTC price: BTC falls - altcoins fall too, BTC grows - the price of alts growth too. Also there is some correlation between ethers price and erc-20 tokens.

bitcoinst

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Bitcoin is a definite identifier for investors and traders, when its price drops it is a signal for all that the market trend is changing or may change in the near future, respectively, people begin to react depending on where the bitcoin price has changed.

vernl

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Quote from: Dima95 on November 12, 2018, 08:41:43 AM

Their price depends on bitcoin. Furthermore, every single coin price depends on bitcoin at the moment. I believe that it will change in the future

Actually the price of Altcoins are depending on the currently situation of the market, not depending on Bitcoin all the time dude.
Did you see that someone Bitcoin's price is increasing and Altcoin's price is decreasing ?

Dima95

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Their price depends on bitcoin. Furthermore, every single coin price depends on bitcoin at the moment. I believe that it will change in the future

paveel90

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The modern crypto market is still very young and small. Therefore, it is quite logical that almost all altcoins largely depend on such an important and powerful coin, which today is Bitcoin.

stoxalpha

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The same is true of Ethereum, which is not enough to influence the future of the market. But Bitcoin's different Bitcoin creates the entire cryptocurrency market. The trend of Bitcoin affects the entire cryptocurrency market, so if you want to buy acoin, you can follow the changes in Bitcoin.

warning_btc

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Mostly cryptos drop or rise with btc, but sometimes i see excludes its rising coins on bear market.
This or simple pumps or very good projects, more i think first one

lichnosam

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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.

I think the market still depends on Bitcoin more than on any other coin. Although ETH will also influence ICOs made on its platform. I think any market is driven by its leaders, and there are also other factors besides ETH and BTC price.

Topic: Does Altcoin price depend on BTC or ETH?? - page 18. (Read 139719 times)