Topic: How does Bitcoin affect other Crypto? - page 13. (Read 4343 times)
Until recently, the altcoins behaved similarly to bitcoin. But now bitcoin is standing still, but the altcoins fell.
Bitcoinis keep on changes and somehow change the flow of the market price. Moreover, that when the time that the Bitcoin price in the market increases.They were and are till tied to Bitcoin, thereby giving Bitcoin supremacy.
Due to the fact that Bitcoin is pegged against all the other crypto currencies, it has a big effect on the main trend in prices for altcoins. If BTC falls, usually people sell off their alts in order to buy cheap BTC, then BTC goes up and then people sell BTC to buy tether, then btc crashes, altcoins crash more and all those traders in tether then buy all the cheap altcoins and become richer and richer.
we know that the bitcoin is the leader of all coins. if we compare it to the building. it is like a foundation. we can't create a building if we don't have an good foundation. if there's no bitcoin i don't think that this industry will alive now. because of the bitcoin more people create their coin and others lucky to have an good coins that follow the bitcoin now. it bring big affection in this industry at most in the price 
Due to the fact that Bitcoin is pegged against all the other crypto currencies, it has a big effect on the main trend in prices for altcoins. If BTC falls, usually people sell off their alts in order to buy cheap BTC, then BTC goes up and then people sell BTC to buy tether, then btc crashes, altcoins crash more and all those traders in tether then buy all the cheap altcoins and become richer and richer.
The Bitcoin plays an important role here in the crypto currency community. Because of the greatness of this crypto currency, more and more people are keep on engaging and the supply and demand to Bitcoinis keep on changes and somehow change the flow of the market price. Moreover, that when the time that the Bitcoin price in the market increases, the altcoin will decrease following how the Bitcoin price moves in reverse but in the contrary, when he Bitcoin price goes down, the altcoin will boost its price.
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 have big impact over the price of the altcoins , usually in the old times we seen that when the oricueof the bitcoin get up then in that case oricueof altcoins get down and vice Versa .But in the present time same thing happening with another factors also , Many types of negative news making big impact over the mind if ye bitcoiner and that is making them restricted to sell Thier all types of assets and after selling all of Thier altcoins for bitcoin , they sell Thier bitcoin also .
So here a point of Negativity is a big factor which is dumping the whole market of every type of the assets .
Here i will say that we should change our mentilty over the news that are coming and going in the cryptocurrency media news and making himself free from all types of negativity to make ourself full of tension free and easy to make every type of trading according to us .
Otherwise if we will follow only hype then surely we will not be able to make big earnings easily , everything will happen according to as the Negativity spreader wants .
yes, bitcoin generally affects the value of other altcoins, because bitcoin is the parent of all other altcoins. but some altcoins cannot be affected by bitcoin, stable coin is crypto which does not follow market volatility.
and some altcoins have good development, go down fast and rise quickly, like bitcoin, but the value is very low.
and some altcoins have good development, go down fast and rise quickly, like bitcoin, but the value is very low.
The success of bitcoin effects all crypto because bitcoin is essentially the crypto reserve currency. Most exchanges require the exchange of bitcoin for other coinsand thus making it a crypto reserve or standard currency
similarly, all cryptocurrencies are first priced on the bases of Bitcoins. For example, 1 Ethereum = 0.8 Btc.
Any change in the value of Bitcoin will automatically change the value of Ethereum and hence, this is how Bitcoin influence the prices of other cryptocurrencies,
I think bitcoin affect other cryptos positively.
When bitcoin is up, other cryptos are also up.
But this it true many altcoins have been overvalued during the last year.
When bitcoin is up, other cryptos are also up.
But this it true many altcoins have been overvalued during the last year.
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?
There are many possibilities in this regard, but in my estimation all of this follows conditions in the crypto market, many investors and traders throw away altcoins and transfer their funds to bitcoin. Although not all altcoins have decreased, but there seems to be a bitcoin effect so some altcoins have dropped dramatically.
bitcoin is the king of all coins and many other coins that have prices based on bitcoin so that bitcoin has a big influence on other crypto, when the price of bitcoin falls, almost all crypto also have a low price
Bitcoin affect the whole market because the person who invest in crypto they made portfolio before investment and they have a number of coins to invest in it and crypto started with bitcoin so the market is interconnected .
mainly in mentally disappointing 
it was very low and you could make a lot of money. Now nothing from that 
it was very low and you could make a lot of money. Now nothing from that 
the growth of altcoin begins when bitcoin is slightly adjusted. but as soon as a pattern or learn a lot of people, it stops working. so use patterns with caution
Bitcoin is the universal digital currency that is acceptable for the exchange of goods and services, thus giving it a very good edge in economy. On the launch of different cryptocurrencies, they were and are till tied to Bitcoin, thereby giving Bitcoin supremacy. Therefore Bitcoin controls the market as a whole.
Bitcoin has already got many contacts all over the world. Now bitcoin is being used in almost all countries. Now the world is internet based, and working on bitcoin is not a difficult task. Because it's a bit easier, the number of users in bitcoin is increasing day by day. And Bitcoin is a big cryptocurrency, it is also above other cryptocurrency gulls, so other currencies depend on bitcoin's price. Depending on the rise of the price bitcoin.
I think that altcoins are fully dependent on bitcoin because they are based on it and the fees are carried out on it)))
It is not wrong to think that Bitcoin's price increase can also carry out the price increase in altcoins, but you have to consider too some of the instances that triggers the increase of altcoin's prices. The law of supply and demand still can affect each individual altcoin's prices. Also there are factors like good development in the project, more exposure and adaptation of the coin, new features of the coin and etc. When Bitcoin's price increase and all of the altcoins increase then it is an indication of a bullish market which is a healthy situation. There are times when Bitcoin's price is constant but the altcoins are moving up. Sometimes Bitcoin's price goes up but would left the altcoins hanging down. 
I think that altcoins are fully dependent on bitcoin because they are based on it and the fees are carried out on it)))
It is not wrong to think that Bitcoin's price increase can also carry out the price increase in altcoins, but you have to consider too some of the instances that triggers the increase of altcoin's prices. The law of supply and demand still can affect each individual altcoin's prices. Also there are factors like good development in the project, more exposure and adaptation of the coin, new features of the coin and etc. When Bitcoin's price increase and all of the altcoins increase then it is an indication of a bullish market which is a healthy situation. There are times when Bitcoin's price is constant but the altcoins are moving up. Sometimes Bitcoin's price goes up but would left the altcoins hanging down. 
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?
it can because bitcoin is major of all cryptocurrency. and it can affect on altcoin price. but ( my personal opinion ) when bitcoin price and altcoin drop, it almost have same value in fiat. because even we sell in bitcoin that have down price, bitcoin itself increased it is rate
Bitcoin as a cryptocurrency is a mother of all coins while because all other coins are traded against it and the current value of dollar also affects the price. Most coin are paired with bitcoin on exchange sites, the price of bitcoin often affects other cryptocurrency on the market index. Bitcoin is the leading and forerunner of other cryptocurrency.
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