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Topic: Does Altcoin price depend on BTC or ETH?? - page 36. (Read 139719 times)

newbie
Activity: 154
Merit: 0
There is no need to be very observant to see how the whole market depends on Bitcoin. And what about Ethereum, it oldoini are independent, and that he as well as the rest depends on Bitcoin.
full member
Activity: 1260
Merit: 100
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.

Recently, bitcoin price has rising in the market. When bitcoin price increase, the other altcoins increased too, but not much as bitcoin.
With this we know the price of altcoins was not depending on the bitcoin price. So i think bitcoin and altcoins have a different price fluctuation in the market.
newbie
Activity: 104
Merit: 0
in my opinion, if people buy more bitcoin, the value of BTC / USD increases. But because ALT also increased, it meant that BTC was also traded to buy ALT which resulted in an increase in ALT / BTC which could also translate to an increase in ALT / USD.
newbie
Activity: 148
Merit: 0
Fundamentally this is so erratic in view of this we can't tell that others coins are relied upon BTC or ETH however I can tell that smidgen that if the cost of those are high that time individuals get a kick out of the chance to put cash in the market so we know the cost of BTC is constantly high and it gives us heaps of benefit which urge individuals to contribute their cash.
gng
newbie
Activity: 210
Merit: 0
everything is connected with bitcoin. Bitcoin is the king. When money come in crypto market comes trough bitcoin. So the price of any other crypto coin is related to btc
newbie
Activity: 45
Merit: 0
that is on the grounds that the bitcoin ethereum and judged the most stable than others and furthermore has extraordinary potential. This is the reason quite often relies upon both the estimation of this on account obviously likewise get a kick out of the chance to remove the benefit from it.
jr. member
Activity: 329
Merit: 3
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 prices of bitcoin and ethereum affects the entire movement of the crypto market. Adding up to that, publicities also have direct correlation to how the market will also behave.

Absolutely, this is because this two coins are most signaficant in the cryptocurrency making the price affect the whole altcoins in the market.
full member
Activity: 714
Merit: 100
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.

Before the ETH, the Altcoins are mostly depending on BTC because it is commonly accepted in all exchanges for fiat or local paper money conversion but later on ETH was slowly accepted in all exchanges too that is why the Altcoins holder are now having an options between BTC and ETH for everytime they will need the money. If all exchanges will directly receive any Altcoins for fiat conversion then i believed that Altcoins will not rely on BTC and ETH anymore.
full member
Activity: 448
Merit: 103
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 prices of bitcoin and ethereum affects the entire movement of the crypto market. Adding up to that, publicities also have direct correlation to how the market will also behave.
hero member
Activity: 798
Merit: 500
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, sure because of BTC. He is the first and the most powerful coin for now and i think still gona be for some period of time. For now market is very strong fill the drop down of BTC. So altc depends of BTC
full member
Activity: 322
Merit: 101
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.
It is hard to say that it actually depends on BTC or Ethereum the price of altcoins. But the investors did, aside from the fact that Bitcoin and Ethereum has their own markets, investors are responsible to make the crypto markets depends on these two coins. Because they try to manipulate the prices of alts using bitcoin and ethereum so that they can buy the potential alts in the market in cheap price. This is only my opinion though.
newbie
Activity: 173
Merit: 0
The price depends on bitcoin and it really is . but why is this happening I don't quite understand

Most of the time the movement of altcoins are really dependent in bitcoin but just this month bitcoin is rising however the market value of ethereun and other altcoins are still left behind in a very low price.
member
Activity: 132
Merit: 10
These giant on the cryptomarket have an impact on everything and also everything depends on themselves. I hope this addiction will be fixed soon.
newbie
Activity: 360
Merit: 0
You're right! In my opinion, as the price of BTC and ETH increases, the price of altcoin will decrease. Please check!
sr. member
Activity: 728
Merit: 252
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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.

In my opinion altcoins are already too dependent in BTC and ETH. We could observe that when BTC and ETH price move down almost all of the alts will massively fall. This could imply that alts are dependent on BTC and ETH.
for Altcoin has its own benchmark for improving its development and generating substantial price and making it a considerable profit. so for that Altcoin has no price dependence on Bitcoin or Ethereum from the past until now or in the future. so the more convincing it is to have Altcoin.
full member
Activity: 462
Merit: 112
No, the alternative coins are not depend of bitcoins or etherium
because the company of alternative coins generate income in their own ways which not related to these companies.
newbie
Activity: 56
Merit: 0
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.


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jr. member
Activity: 406
Merit: 3
I think young cryptocurrencies have a big connection with bitcoin or Ethereum.And altcoins have the same behavior in relation to bitcoin, in moments of significant news.
member
Activity: 133
Merit: 10
I think each coin relies upon bitcoin. Indeed, even ethereum likewise relies upon bitcoin. Bitcoin is the principal creation in this field. It has ubiquity more than any or all altcoins. On the off chance that the bircoin cost goes down then all altcoins cost will down as well. It is extremely basic issue these days.
full member
Activity: 294
Merit: 100
All connect with domination of this cryptocurrency. Many people take money from Altcoins and put them in Bitcoin or Ethereum, when they grow.
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