If Bitcoin Up then all crypto is Up HOW ? - page 5.

Joyawan13

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elysian.finance

Quote from: buyandsale on July 02, 2018, 10:48:02 AM

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 !

even if you can not understand about bitcoin better you learn it first and do a lot of research, bitcoin is the parent of all altcoin that exist today, so for example bitcoin price is very influential on altcoin other it is reasonable, because trader and investor not origin in investing or trading, so they know what they should do, so learn to understand first.

santiPOGI

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Every token and coins that are in exchanges is connected with BITCOIN.
they have some satoshi equivalent.
Bitcoin is convertible to USD which declares the value of every token.
once bitcoin price goes up then the price of token or coins in USD will go up also.

ATLCadillac

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Some coins are pegged to Bitcoin and some coins are pegged to Ethereum. However, in general if Bitcoin is rising then the entire cryptocurrency market cap will follow.

1020kingz

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Quote from: buyandsale on July 02, 2018, 10:48:02 AM

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 !

It is simply because bitcoin has it’s own market that is why prices of alts are affected. Buy and sellers look up for the price of bitcoin because it seems like it’s the main currency in cryptocurrency, because whatever the price of bitcoin people depend on it to whether they buy it or to sell it. Try to study more bitcoin and you will see what it takes to monitor its price i.e when you are an investor.

kotajikikox

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Quote from: BrewMaster on July 02, 2018, 10:56:48 AM

* when bitcoin price falls, almost every altcoin price drops also.
* bitcoin price has been falling for a while now. this means altcoin prices have also been falling for a while now.
* now that bitcoin has started its recovery it means altcoin prices don't need to drop anymore. so by removal of that drop and after the big drops they just had they need a recovery hence the rises.

+ whenever there is rise, there is also FOMO buyers thinking this is IT, the rise that makes them rich Grin

Yeah great expectations came from you buddy i really appreciate in your analysis about bitcoin in altcoins had connections to each other as cryptocurrency fluctuations moves.

But sometime if bitcoin goes falling down some altcoins are uprise in the marketplace because of the demands of the market same situation from bitcoin if the demands high the price become huge.

jademaxsuy

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The logic is very simple bitcoin has no competition and all other crypto in the market are all ether platform base which means that these crypto including ether is only an alternative coin for bitcoin. Whenever you have tokens or coins before selling that one you must trade that to ethereum and then to fiat money. Well there are some special cases on exchanges that offers crypto to fiat money. So all of the investmet goes directly or indirectly to bitcoin.

tegarp90

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Quote from: buyandsale on July 02, 2018, 10:48:02 AM

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 !

yeah because the price in fiat or dollars is increasing too.
But the price in btc is still the same, that's why it's look like increasing.

erickkyut

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Quote from: Harlot on July 03, 2018, 09:11:05 AM

Bitcoin is the market leader and being the market leader it can generally influence other cryptocurrencies to follow its movement. It is like their indicator of knowing if the market will move up or not. But not all of the time that BTC goes up everybody goes up as well. There are times where all of the money in the market Re focused on BTC pumping that chances are traders will pull out their money from their altcoin holdings in order to participate with BTC's price rally more. But with all the altcoins in green it shows that we are having a minor bull run.

I totally agree! It is only natural that whenever the price of Bitcoin goes up or down, the the peices of altcoins will follow. Bitcoin is the mother of all coins and they are still dependent on it. Majority of the coins in the market can only be bought via Bitcoin.

hasmukh_rawal

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As we all know that BTC is the major pair of all the cryptocurrencies as most of the cryptocurrencies are latter to Bitcoin. A person needs to have a portion of BTC in order to buy a few alts. So there is a relation between Altcoins and Bitcoin and this is why most of the times we see a similar chart for most of the cryptocurrencies. It also depends on market conditions sometimes due to which we see a opposite direction in the charts of Bitcoin and Altcoins.

cryptounintended

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Nothing suspicious. Bitcoin still holds a dominant position, and with its rise or fall, altcoins almost always follow. Unfortunately, at this stage altcoins depend on Bitcoin.

gabriela1999

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Bitcoin is the eldest of the crypto market. And as coin has the largest market capitalization of the moment virtually all of the remaining altcoins depend on the rise and fall of bitcoins.

Harlot

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Bitcoin is the market leader and being the market leader it can generally influence other cryptocurrencies to follow its movement. It is like their indicator of knowing if the market will move up or not. But not all of the time that BTC goes up everybody goes up as well. There are times where all of the money in the market Re focused on BTC pumping that chances are traders will pull out their money from their altcoin holdings in order to participate with BTC's price rally more. But with all the altcoins in green it shows that we are having a minor bull run.

Indamuck

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Everything follows bitcoin's movement and this probably won't change until more fiat trading pairs rae introduced. You need btc to buy most alts.

I've been looking at many low cap coins for fun and many of them are down over 90%. Alts get hit the hardest in a bear market but they are also susceptible to massive pumps during a bullrun.

buyandsale

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till now no one got my point which me said that why its happening if btc up all coins up cause each and every coins has different buyers or traders

Khimmy28

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The same thing happens when Bitcoin drop in price, Bitcoin/Altcoins pair is stronger and more common than Altcoin/USDT pair. This kind of situation is normal.

Ekim22

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Bitcoin is the king of all altcoin,when the price of bitcoin go down many price af altcoin also go down.know the price of bitcoin is going down same of all altcoin the pr8ce is down.

scooby_doo23955

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Well, this is not new and it is going on since very beginning. Bitcoin is the most primitive and influential coin. It has a huge influence over the market and the whole market is judged by the price of bitcoin. For this reason every time we see that the price of altcoin is following the price of bitcoin. The altcoin couldn't be independent of bitcoin's influence yet.

nioctiB#1

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It is because movement of the bitcoin price affects the price of altcoins. Bitcoin is the main coin that exchanges are using to pair with altcoins and most altcoins are not being paired with fiat that is why most of the time altcoins follow bitcoin whenever it goes down or up but not all the time. There are also times that when bitcoin price goes up most alts goes down and vise versa.

cryptoasis

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Alts price is very much depends on Bitcoin, maybe alts are traded mostly with bitcoin. So if btc goes up alts goes up and if btc goes down alts goes down, but bitcoin is relatively slow mover than altcoins. So if it goes up little, alts go up in double pace and vice versa unless BTC goes on parabolic like this past winter.

hacekd

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it is likely that the big thing will happen because almost all crypto prices are pegged to the bitcoin that became the first and the largest currency so that it has influence on other coins.

Topic: If Bitcoin Up then all crypto is Up HOW ? - page 5. (Read 597 times)