If you are trading alt coin with bitcoin, then when bitcoin price is going up then alt coin value will go down, that is because you are using bitcoin as the comparison, bitcoin got a huge effect on altcoin
maybe you are right with your opinion bitcoin might be a pioneer of cryptocurrency and until now the price of bitcoin can be said to be the best and the exchange and movement of centralized trade with bitcoin therefore it can be said bitcoin will be the benchmark of other crypto currencies 
Topic: How does Bitcoin affect other Crypto? - page 10. (Read 4333 times)
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?
because everytime the bitcoin was pumped up the other crypto are affect on it, it was a biggest impact to them because some crypto was falling down
Probably Bitcoin affects the up and down values of the Altcoin. As the market fluctuates, people still pay much attention to Bitcoin, its existence and future development.
I do not believe that bitcoins affect the price of other coins as well.
It may perhaps happen only if bitcoins start dumping, most of the peoples would have less faith in the cryptocurrencies itself and might start selling their other coins as well.
in my opinion, bitcoin greatly affects other coin coins. and there is evidence that I can say. when bitcoin goes down all the other coins will go down, etc. because all coins depend on bitcoin It may perhaps happen only if bitcoins start dumping, most of the peoples would have less faith in the cryptocurrencies itself and might start selling their other coins as well.
because bitcoin is called to all people a coin and it has the highest price. a Bitcoin is the parent of all the crypto coins. and the Bitcoin also once passed through a lot of difficulties now and it has acted to survive again until the time comes a bitcoin. but after all the bitcoin will also rise from a crushing crises today and it will also be a success one day. and there are a lot of people who really want to invest in a bitcoin. and Its market today of bitcoin is always solid and successful. so do not worry. Just trust
Obviously yes analysts if bitcoin goes dump what will happen to altcoins price is also dump their price, look at this recent affect of bitcoin crisis all are suppering because bitcoin are in low value.
I think bitcoin has a lot of influences on the other coins or altcoins. I believe almost every altcoin takes inspiration from the success story of bitcoin. This is what I have noticed over the years, so the influence can be directly or indirectly when it comes to the market value of most coins.
I do not believe that bitcoins affect the price of other coins as well.
It may perhaps happen only if bitcoins start dumping, most of the peoples would have less faith in the cryptocurrencies itself and might start selling their other coins as well.
It may perhaps happen only if bitcoins start dumping, most of the peoples would have less faith in the cryptocurrencies itself and might start selling their other coins as well.
But you have to remember that exchanges are relying on bitcoin as their main trading pairs so it has definitely has some impact on the market of altcoins.
Well we have seen the dumping already from its high to almost $6500, and just look at altcoins, they more than suffered as compare to bitcoin market. Plus, other altcoins holders are shifting to bitcoin to at least mitigate their risk.
It doesn't effect any other coin bcoz Bitcoin is at the top from so many years and it can't be beaten
The difference in there values gives the answer...
The difference in there values gives the answer...
we are talking about the effect of bitcoin to other coins , not the effect of other coins from bitcoin .
Anyway , id say bitcoin affect other coins in terms of demand . bitcoin is verry popular , thats why many people will prefer it other than trying out other coins .
Though other coins is still more better when it comes to other ourposes such as online transactions or for paying/sending money .
So overall , both btc and altcoins are still equal imo because both of them has thier own advantages and disadvantages
bitcoin dominates in various exchanges, almost every exchange has bitcoin. besides, bitcoin is still used as one of the good coins for exchange so I think bitcoin will continue to influence other crypto for exchange transaction media
The bitcoin affects other crypto currencies because bitcoin is the like the central currency of the entire cryptocurrency system... It has more popularity and acceptability. Therefore, values of all other cryptocurrencies are measured against the value of the bitcoin.
The majority of traders are trading crypto-currencies in relation to bitcoin. Therefore, when bitcoin falls, then the rest of the coins in relation to it also fall.
I do not believe that bitcoins affect the price of other coins as well.
It may perhaps happen only if bitcoins start dumping, most of the peoples would have less faith in the cryptocurrencies itself and might start selling their other coins as well.
It may perhaps happen only if bitcoins start dumping, most of the peoples would have less faith in the cryptocurrencies itself and might start selling their other coins as well.
It doesn't effect any other coin bcoz Bitcoin is at the top from so many years and it can't be beaten
The difference in there values gives the answer...
The difference in there values gives the answer...
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?
I think the price of bitcoin will greatly affect the other altcoin. Because bitcoin is a leading and highly valued crypto, it makes the people involved in the cryptocurrency market think bitcoin as something to compare to other altcoins. So when the bitcoin price drops, they will also be reduced 
Other cryptos follow in the wake of Bitcoin. If Bitcoin goes up, the major altcoins go up. When Bitcoin goes down, so do the major alts.
It will follows on what happens on bitcoin. Bitcoin is the king of the cryptocurrency that's why the others coins follows the flow on Bitcoin value in the market.
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?
Bitcoin has a huge impact on altcoin movements. This can be proven because Bitcoin has such a large effect and when the price of Bitcoin moves, it will automatically make other coin prices change. We cannot release Bitcoin from its big influence, because Bitcoin is the beginning of crypto creation and therefore Bitcoin will always have a big thing that is very influential !!!
Bitcoin affects other cryptocurrencies at the moment globally. That is, the epic continues, when the Altcoins fall down behind Bitcoin, the Bitcoin grows, the Altcoins grow, and so on in a circle. I think you can get out of this circle, but for this you need more investors and development in the blockchain sphere
On my own observations, the first time we look at the cryptocurrency on CoinMarketCap, we see that as bitcoin prices increase, most altcoins will decrease. Only a few coins increase.
Bitcoin is the main of all altcoin have listed at exchange market, many coin from ico is depend how bitcoin price, when bitcoin is drop many ico have lower price after listing at exchange market and more drop than their ico price.
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