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 Dominates Market so, prices of other coins depends on it and if it's in down trend the other coins will follow and vice versa. 
Topic: How does Bitcoin affect other Crypto? - page 9. (Read 4343 times)
That is the general belief but I've seen coins which goes up whilst bitcoin is going down. What I'm not certain about is if these rising price of these coins is as a result of pumping.
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?
judging by the market trade, when Bitcoin falls, the rest of the cryptocurrency falls in value
I don't think bitcoin is affecting AML BitCoin. AML BitCoin rests on a privately regulated public blockchain that facilitates AML-KYC compliance and identifies criminals associated with illicit transactions while maintaining and strengthening the privacy protections for legitimate users.
The bitcoin has a huge effect on the whole market as every coin follow bitcoin trend and whichever direction it moves, mostly all coins start moving in that direction, whether it is a possible or negative trend.
In fact, rather than the impact of btc, other coins due to the decrease or increase of investments in the btc are affected too much. I don't think there's a way to go through this now.
In my opinion, Bitcoin controls the whole crypto world. It influences the market price. When bitcoin price rises, the market price rises. When it price fall, the market price fall. Indeed the whole crypto world depends on bitcoin.
Of course it goes back to each of us how they can withstand the issue that makes most people panic and finally make a lot of the price on the market falls irregularly, which I know is that there are many people so that many people throw away their Crypto, so that their income is visible safe from the results of their investment ...
In my own opinion many altcoins is depending on bitcoin because as you can see when bitcoin price goes down many altcoins price is going down too and when bitcoin pump up many altcoins goes up too. This is just my opinion because I just seeing it and experiencing it now, many of my holdings goes down as well when the bitcoin price goes down so I'm gonna wait to the bull run and I will just hold it for now.
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...
in my opinion, bitcoin affects other coins is the price of bitcoin that always goes down which affects other coin coins.The difference in there values gives the answer...
Yes, because bitcoin is the basis of market price, of bitcoin is down then the market is down too. This is the reason why a lot of us is hoping for the bitcoin to rise again.
it's very simple. when bitcoin falls every other coins will fall too.. because bitcoin is the main pair with every coin in trading... users are using bitcoin to trade the coins. so when value of bitcoin drop other coins drop their value as well..
I think other coins drop more in % than bitcoin... I don't see any coin independence from bitcoin so far.
It's my experience to.
I have bitcoin but also invested in some other crypto and pattern is always the same.
When btc price going up, other crypto value also going up, sometimes even faster.
When btc price going down, other coins price drop, ussually more than bitcoin.
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...
in my opinion, bitcoin affects other coins is the price of bitcoin that always goes down which affects other coin coins.The difference in there values gives the answer...
Yes, because bitcoin is the basis of market price, of bitcoin is down then the market is down too. This is the reason why a lot of us is hoping for the bitcoin to rise again.
it's very simple. when bitcoin falls every other coins will fall too.. because bitcoin is the main pair with every coin in trading... users are using bitcoin to trade the coins. so when value of bitcoin drop other coins drop their value as well..
I think other coins drop more in % than bitcoin... I don't see any coin independence from bitcoin so far.
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.
I agree with you because most traders who buy cryptocurrencies and trade main ambition is to buy bitcoin with there earnings at the end because it is natural for any one to select a more demanding currency over other when considering long term investments which seems like a common practice these days and also there are lot of scams among cryptocurrency projects and many investors are afraid to put there money on them which is totally different in bitcoin investments so most of the time cryptocurrency prices can fall in these situations
Bitcoin doesn`t affect other coins, every coins is for itself, separate chains, explorers. Bitcoin can be a trading pair with some coin, but it`s just a pair, you can use bitcoin to buy other coins and vice versa. Before there wasn`t so big choice of pairs, now in 2018 you can just pairs with ethereum, and other coins, not just with bitcoin. Maybe bitcoin was a gold standard before, but those days are coming to an end. There is one point, when bitcoin start to go down, its starting a lot of panic among all other coins, and people start to dump what they have and market decline. People simply think if bitcoin is going down, all others will follow.
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.
I agree with you because most traders who buy cryptocurrencies and trade main ambition is to buy bitcoin with there earnings at the end because it is natural for any one to select a more demanding currency over other when considering long term investments which seems like a common practice these days and also there are lot of scams among cryptocurrency projects and many investors are afraid to put there money on them which is totally different in bitcoin investments so most of the time cryptocurrency prices can fall in these situations
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...
in my opinion, bitcoin affects other coins is the price of bitcoin that always goes down which affects other coin coins.The difference in there values gives the answer...
Yes, because bitcoin is the basis of market price, of bitcoin is down then the market is down too. This is the reason why a lot of us is hoping for the bitcoin to rise again.
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...
in my opinion, bitcoin affects other coins is the price of bitcoin that always goes down which affects other coin coins. 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?
Most of the altcoin are paired with bitcoin so that if the price of bitcoin goes up or down it will really affect the price of altcoin. But, some altcoin are not paired with bitcoin so that there are time the price of bitcoin is high and some altcoin are low. I think the price of bitcoin will determine if the price of altcoin will go up or down.
i think because bitcoin was the leader of cryptocurrency so if bitcoin was crash or drop , that affect to another coin cz they all panic
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?
yeah thats the nature of altcoin because when the bitcoin price increasing many investors selling thier altcoin then starting buy bitcoin to earn profit, and when the bitcoin is decreasing the price of altcoin is decreasing and we cant do nothing about that because all of altcoin is in bitcoin platform. 
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?
you can learn it in the marketcap, look at every bitcoin movement whether it's decline and growth always affects the altcoin below it. this is an analysis that you have to do, well in trading you have to know the crypto background that you will trade.
Bitcoin is the first ever cryptocurrency. Some people call it the father of all cryptocurrencies. Every other cryptocurrency is paired with bitcoin for pricing, so bitcoin is a price intermediary between one cryptocurrency and the other. If the price of bitcoin is down, it will definitely reflect on other cryptocurrencies.
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