Does Altcoin price depend on BTC or ETH?? - page 31.

mh6e

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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.

Yes I think that too all altcoin including ethereum are dependent on bitcoin. All prices and market value of every coin is varies to bitcoin value. When bitcoin goes up expect that altcoin will go up too. But when goes down same thing happen to all altcoin.

dezhen260

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Yes, all cryptocurrencies currently rely on Bitcoin, but I believe they will not rely entirely on Bitcoin in the future.

Netcave

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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.

Obviously BTC, because this is the first and most powerful coin for now. For now the market is very strong filling in the BTC drop down.
So, altcoin's dependence on BTC is actually reasonable, not because altcoin is not good, but rather that BTC is indeed a very high market trust.

btcdarkfanboi

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I think everything depends on Bitcoin not ethereum but not everyone some may not but not really that much

KXC247

jr. member

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Altcoin price have a price relationship with bitcoin. This is why, if bitcoin is falling, virtually all other altcoins as well fall because they all depend on bitcoins price to go either up or down

Varun Kanwar

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Altcoins prices really do depend on bitcoin and not ethereum. We have seen this many time that market goes down when btc goes down and it rises with bitcoin. Market confidence relies heavily on bitcoin only.

blacktux88

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this is a really good question ... i think there will be for least than 5-10 years btc the leader and the coins which will show the price table.

etherum will be the best coins to have payment alts , so i think eth will be the number 2 of the leading board.

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.

Vsamuel

newbie

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So far, from what i have taken time to observe, i may conclude that Altcoins are so what affect by the market price of Bitcoin and Etheruem. And since most Altcoin are measure against these coins doing ICO. if the prices of these coins increase, the value of the Altcoin is greatly affected.

Underw00d

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Quote from: masha-1v on September 03, 2018, 03:27:06 PM

Quote from: 112_blockchain on September 03, 2018, 03:21:24 PM

The price of the entire cryptocurrency market is still dependent on Bitcoin. This is an indisputable fact. But also, the price is affected by the market demand, interest in this cryptocurrency. So we can not say that the price depends only on these two major players.

I believe that in General, the price depends. After all, everything is based on the fact that those who hold bitcoin, hold other tokens. And so it is not strange that there is some synchronization between these tokens and the rest of the market.

Crypto-currency in the majority as information technology has a speculative character. And what's wrong with that? Everyone thinks about winning!

masha-1v

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Quote from: 112_blockchain on September 03, 2018, 03:21:24 PM

The price of the entire cryptocurrency market is still dependent on Bitcoin. This is an indisputable fact. But also, the price is affected by the market demand, interest in this cryptocurrency. So we can not say that the price depends only on these two major players.

I believe that in General, the price depends. After all, everything is based on the fact that those who hold bitcoin, hold other tokens. And so it is not strange that there is some synchronization between these tokens and the rest of the market.

112_blockchain

jr. member

Activity: 65

Merit: 1

The price of the entire cryptocurrency market is still dependent on Bitcoin. This is an indisputable fact. But also, the price is affected by the market demand, interest in this cryptocurrency. So we can not say that the price depends only on these two major players.

Dinsdendo

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the price of altcoins is very much influenced by bitcoin, so altcoins repeat the price of bitcoin

galahads

member

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Everything depends on BTC and ETH. but there are some altcoins that only improve themselves, regardless of the price of Bitcoin and Ethereum.

euggio

full member

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The behavior of the market and all coins depends exclusively on bitcoin, it has long been known! At any jvizhenii bitcoin up or down, all the coins sink in price. You will be able to see it looking at the graphs of coins and comparing them with the schedule of bitcoin!

LASSSKAR!1!1!

newbie

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Altcoin prices are largely dependent on bitcoin. All altcoins depend on bitcoin and that is why when bitcoin pumps most of them will pump and when it falls the altcoin will also fall.

5hoop5

member

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I do not observe this now. We see how many miners began to look for alternative types of crypto-currencies that could compete with bitcoins and generate revenue. And it works.

Zheko87

newbie

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All coins price depends from btc
.

Valentyzer

jr. member

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All altcoins both ethereum all depends on bitcoin movement. Those that are slightly affected by the ethereum price are those token that are build on ethereum network.

ljp7839008

sr. member

Activity: 490

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Of course! My portfolio with altcoins increases immediately with the rise in price of BTC. I noticed that as soon as the bitcoin rate grows, my portfolio grows before my eyes. Respectively, and Vice versa. Therefore, a direct correlation between bitcoin and altcons!

tensports

full member

Activity: 490

Merit: 100

Altcoin price depend on bitcoin price, if the price of bitcoin increases it will make the whole market become green and if bitcoin down most of the altcoins will be also down

Topic: Does Altcoin price depend on BTC or ETH?? - page 31. (Read 139717 times)