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Topic: Is Bitcoin and Altcoin price related? - page 3. (Read 4617 times)

hero member
Activity: 910
Merit: 1000
February 10, 2015, 05:02:51 AM
#30
I always think they are. Litecoin in a way fell along with bitcoin, and exchanges evaluate altcoins in terms of btc, so should be related.
newbie
Activity: 14
Merit: 0
February 10, 2015, 01:42:32 AM
#29
They are related in the same way a clone is to the original. If you ever wore a clone Nike you remember where it pinched or bruised. So will you buy a clone again?
legendary
Activity: 1918
Merit: 1001
February 10, 2015, 12:18:29 AM
#28
Most LTC bagholders have dumped most of their stash into other alts.


Hmm... some of them. LTC still remains as the no.2 crypto, behind BTC. And it has been around for many years now... unlike most of the other alts, which disappear after 3 or 4 months.

I hope alot of alts do die off, LTC will be around for some time, but i dont know what position it will hold.

Its #3 at present (thanks to ripple)

Hmmm... you are right.... the XRP market cap is $ 446,263,430 right now. The LTC market cap has dropped to $ 63,480,713.

But at the same time, we will have to wait and watch to see whether this is a short term phenomenon.

Im hoping Ripple will die away and we will just see a few high quality projects left with solid dev teams, it already appears that very few new alts are appearing.
legendary
Activity: 3766
Merit: 1217
February 09, 2015, 09:37:28 PM
#27
Most LTC bagholders have dumped most of their stash into other alts.


Hmm... some of them. LTC still remains as the no.2 crypto, behind BTC. And it has been around for many years now... unlike most of the other alts, which disappear after 3 or 4 months.

I hope alot of alts do die off, LTC will be around for some time, but i dont know what position it will hold.

Its #3 at present (thanks to ripple)

Hmmm... you are right.... the XRP market cap is $ 446,263,430 right now. The LTC market cap has dropped to $ 63,480,713.

But at the same time, we will have to wait and watch to see whether this is a short term phenomenon.
hero member
Activity: 742
Merit: 500
February 09, 2015, 12:27:34 AM
#26
altcoins are not bitcoin - prices are not related

(once it looked like it, but not much longer now)
legendary
Activity: 1918
Merit: 1001
February 09, 2015, 12:02:57 AM
#25
Most LTC bagholders have dumped most of their stash into other alts.


Hmm... some of them. LTC still remains as the no.2 crypto, behind BTC. And it has been around for many years now... unlike most of the other alts, which disappear after 3 or 4 months.

I hope alot of alts do die off, LTC will be around for some time, but i dont know what position it will hold.

Its #3 at present (thanks to ripple)
legendary
Activity: 3766
Merit: 1217
February 08, 2015, 11:40:05 PM
#24
Most LTC bagholders have dumped most of their stash into other alts.


Hmm... some of them. LTC still remains as the no.2 crypto, behind BTC. And it has been around for many years now... unlike most of the other alts, which disappear after 3 or 4 months.
member
Activity: 112
Merit: 10
Want A Personal Coin? PM ME!
February 08, 2015, 10:44:26 PM
#23
Litecoin is on an upward trend, so as Bitcoin http://bit.ly/1x5QyYQ

Do you think both these coin's price trend in anyway related?

Maybe so..
They're both digital currency.
legendary
Activity: 1918
Merit: 1001
February 04, 2015, 02:30:39 AM
#22
Most LTC bagholders have dumped most of their stash into other alts.
full member
Activity: 157
Merit: 100
HUKOM BITAY! ✝✝✝
February 03, 2015, 10:41:01 PM
#21
Litecoin is on an upward trend, so as Bitcoin http://bit.ly/1x5QyYQ

Do you think both these coin's price trend in anyway related?

Why is Bitcoin Price and Litecoin Price related? I mean, something like a proof that they are clearly related?
hero member
Activity: 672
Merit: 503
February 03, 2015, 08:22:21 PM
#20
I don't think they're much related as there BTC owners like me who don't have any interest in any altcoins.


Well hero member you need to look abit harder lmao
Well hes kinda right, alts aren't powerful enough to distort the bitcoin price, unless in rare occasion when something huge happens (like the insane AUR pump)
full member
Activity: 168
Merit: 100
February 03, 2015, 07:27:31 PM
#19
I don't think they're much related as there BTC owners like me who don't have any interest in any altcoins.


Well hero member you need to look abit harder lmao
full member
Activity: 168
Merit: 100
February 03, 2015, 07:26:22 PM
#18
Litecoin is on an upward trend, so as Bitcoin http://[Suspicious link removed]/1x5QyYQ

Do you think both these coin's price trend in anyway related?

https://bitcoinwisdom.com/markets/btce/btcusd If you check the BTC-USD 30m graph and the LTC-30 graph you will see they are joined at the hip.

Does not need to be 30 min Graph but better to look further back to see how close it is,

In short yes they are related big time it's upto you to find out the rest  Grin
legendary
Activity: 3066
Merit: 1047
Your country may be your worst enemy
February 03, 2015, 07:23:25 PM
#17
I don't think they're much related as there BTC owners like me who don't have any interest in any altcoins.
legendary
Activity: 1204
Merit: 1028
February 03, 2015, 07:10:31 PM
#16
Oh, the Ethereum master trollscammer being there too.  Kiss


I had big hopes with Ethereum but they are admiting lately things are getting more complicated than expect, the project may be put on hold for a long time or one of the main parts of it.
legendary
Activity: 1106
Merit: 1000
February 03, 2015, 01:49:15 PM
#15
Litecoin is on an upward trend, so as Bitcoin http://bit.ly/1x5QyYQ

Do you think both these coin's price trend in anyway related?

Maybe yes.
remember about STR, when the price up and ppl trade to BTC, big sell wall, impact to BTC price.
sr. member
Activity: 242
Merit: 250
February 03, 2015, 01:38:40 PM
#14
Oh, the Ethereum master trollscammer being there too.  Kiss

hero member
Activity: 632
Merit: 500
February 03, 2015, 11:59:39 AM
#13
Look at the charts.  LTC & BTC often couple (as in now).  But they have periods where they've uncoupled too. 

If you're going to use this as a trading strategy be damn sure they are in a coupled state & realize they can decouple at anytime. 
newbie
Activity: 14
Merit: 0
February 03, 2015, 11:43:25 AM
#12
i think price of bitcoin will affect of altcoin Smiley
more up altcoin will down Cheesy
legendary
Activity: 1176
Merit: 1011
February 03, 2015, 11:18:34 AM
#11
Give or take a few percent or a few days delay, all altcoins are 100% dependent on Bitcoin's price.
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