Topic: If Bitcoin Up then all crypto is Up HOW ? - page 4. (Read 597 times)
all can happen in crypto, because crypto is very difficult in the prediction of no definite reference to know the rise and fall of crypto.
this is why there is a BTC dominance sector in coinmarketcap. Almost all the coins are traded with btc and btc acts as a reserve asset for every other coin and the correlation with the market seems to be high for these reasons.
How its possible its something fishy for sure if bitcoin price goes up all crypto prices goes up its impossible situation every time me see saying it cause each crypto trader buyer and sellers are different and each user who buys crypto buys difrent crypto at one time how come eveyone buys all crypto at one time and all crypto prices goes up at same time did u thought that ever
its for sure something fishy or not convincing what u think of it guys !
This is because they are peered to bitcoin (traded in BTC) so as bitcoin goes up the satoshi price on which a particular altcoins been traded on also increase. That all and nothing more behind it its for sure something fishy or not convincing what u think of it guys !
If btc goes uptrend, the usual case is that majority of the alts will follow because these allts and btc are correlated with the other. The profit from the investors of btc will somehow be used in buying more alts that I think has an impact on the increasing altcoin price value.
It is a fact because Bitcoin controls the market. All altocns are linked to the bitcoin one way or another. Thus anything affecting Bitcoin today will generally affect altcoins altogther. Bitocin got that privileged been the first digital currency to be generally accepted.
How its possible its something fishy for sure if bitcoin price goes up all crypto prices goes up its impossible situation every time me see saying it cause each crypto trader buyer and sellers are different and each user who buys crypto buys difrent crypto at one time how come eveyone buys all crypto at one time and all crypto prices goes up at same time did u thought that ever
its for sure something fishy or not convincing what u think of it guys !
its for sure something fishy or not convincing what u think of it guys !
How its possible its something fishy for sure if bitcoin price goes up all crypto prices goes up its impossible situation every time me see saying it cause each crypto trader buyer and sellers are different and each user who buys crypto buys difrent crypto at one time how come eveyone buys all crypto at one time and all crypto prices goes up at same time did u thought that ever
its for sure something fishy or not convincing what u think of it guys !
https://puu.sh/APGiX/d2e489d444.png
I think this is so because Bitcoin has become a standard currency for comparison. If I'm not lying most altcoin can be exchanged for bitcoin and hence somehow altcoins depend on bitcoin. its for sure something fishy or not convincing what u think of it guys !
https://puu.sh/APGiX/d2e489d444.png
We all know that here is some kind of strange mysterious principle present. nobody understands the Direct depending but every time when bitcoin would go up alternative cryptocurrencies would follow it, and also vice versa!
Basically every coin created based on bitcoin or ethereum platform , and those coins price based on bitcoin or ethereum.
maybe that's why price change of bitcoin is causes of all coins price change.
maybe that's why price change of bitcoin is causes of all coins price change.
It is possible and this is a very simple info to me. To me, Bitcoin is the main thing in the crypto field. Without bitcoin, the crypto market is nothing. That's why if bitcoin price decreases then other coins can't stand strong, they will fall down too. So, all crypto coin's up and down relies on bitcoin. 
Bitcoin has dominating power over other currencies. That's why it happens generally.
yes it is certain all crypto will rise if Bitcoin rise, because no one can replace the first rank position even no one can match Bitcoin in any market. because Bitcoin is its parent, so up and down Bitcoin will be very influential once on all crypto.
They say that there is a correlation between bitcoin and other alts, so this rally shows that it is the case. I think for the simple reason is that bitcoin is the obvious leader of the pack, so where it goes, others follow. However, the problem is when bitcoin falls, alts follow but exaggerates its downfall. So its like when bitcoin goes up with small gains alts follow, however, when bitcoin falls hard, alts go down harder. So as investors you need to factor if you are in for short or long term, because it really makes a lot of difference in terms of how you are going to make profits.
yes it is true that when btc up all crypto is high vice versa when btc down all alts down. in my opinion it is because that all coins transactions based on crypto as we buy all coins through BTC, BTC is the core of cryto so that is why it moves according to the btc movement.
really awesome thread everyone. just read it all wow
Bitcoin has been the ruling coin in the the crypto currency market since its very inception and there has been no other coin that can really replace this benchmark set up by the bitcoin. So it is quite natural to see that how the price of the bitcoin plays an instrumental role in determining the price of all other alternate crypto coins. So it is quite obvious that when the price of the bitcoin rises, the prices of the altcoins rises and it is also true vice versa. However seeing the glorious past of the bitcoin, it does not surprise me at all to see that it plays a phenomenal role in effecting the prices of the entire crypto market.
Yes it is very common to see other cryptos price go up once Bitcoin price goes up. I think this is because Bitcoin has a very large share of the market, and also because when the price of Bitcoin goes up, it increases the confidence of would be investors or new entrants to try and participate in cryptocurrency.
if we buy altcoin in need is bitcoin as payment, so do not be surprised if bitcoin rise, altcoin also rise. do not think bad about price maanipulation because all transactions are connected to blockchain.
I also do not understand the trend of current prices for cryptocurrency. If you take the price to the dollar, everything is clear. But I constantly see a situation when the price of bitcoin increases with the price of altcoins to bitcoin. Conversely, when bitcoin prices fall, the price of most altcoins decreases relative to bitcoin. It's a mystery to me
Coinbase just opened a platform for institutional investments on their trading platform and it was reported that $10 Billion
worth of Crypto currencies was traded on their platform. That would explain some of the increase that you observed in the
charts. That was just the trigger for other investors to also start investing again in Crypto currencies. So there... explanation
done.
https://twitter.com/coinbase/status/1013786794700070912?s=09
worth of Crypto currencies was traded on their platform. That would explain some of the increase that you observed in the
charts. That was just the trigger for other investors to also start investing again in Crypto currencies. So there... explanation
done.
https://twitter.com/coinbase/status/1013786794700070912?s=09
Bitcoin is main cryptocurrency. If you want to buy any altcoin, usually you pay by BTC. That's why when BTC start to go up, altcoins usually follows.
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