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Topic: Is it bad for altcoin that BTC is dropping - page 16. (Read 24212 times)

legendary
Activity: 1218
Merit: 1007
November 20, 2018, 02:54:06 AM
Certainly. It was quite good when Bitcoin was corrected, everyone understood that this should happen, but this drop is difficult to explain.
member
Activity: 280
Merit: 11
November 20, 2018, 02:47:58 AM
It is very bad to see BTC drop just like that beacsue it spell doom for altcoins.As for now,BTC as alot to do with altcoin,so a drop in BTC will affect altcoins so badly and that is what we are experiency now.
jr. member
Activity: 131
Merit: 1
November 20, 2018, 02:44:12 AM
It's too bad altcoins rained down so fast that I don't have time to follow the new price, very similar to panic, I hope that the panic will subside and the market will gradually recover.
member
Activity: 280
Merit: 11
November 20, 2018, 02:32:51 AM
A drop in BTC will surely bring down the value of altcoins,so it is bad that BTC is droping.If it should continue this way then it will become worse for altcoins.
hero member
Activity: 1249
Merit: 506
November 20, 2018, 02:28:36 AM
Yes, it is bad for altcoins when BTC is consistently dropping. BTCplays a major role to manipulate the market and it has an impact on all the altcoins similarly. So if the bitcoin's price going down and it becomes red similarly all the altcoins too fall.
newbie
Activity: 70
Merit: 0
November 19, 2018, 11:36:09 PM
of course bad, not only for altcoins but for ico it's also bad. because bitcoin is the crypto top in the market so most investors are of course based on bitcoin. and if bitcoin goes down, their interest will also decrease, and interest in altcoin falls because of the crypto king who falls.
almost all coins fell, it was very bad this year, a very weak condition did not know when it would return to normal and run smoothly again. but don't despair and don't panic to make sure this bad condition will end soon, we can only wait for the right time to produce beautiful results. Enthusiasm and always optimistic in the future of the market will definitely go up and Bitcoin Altcoin will benefit you.
sr. member
Activity: 1652
Merit: 262
SOL.BIOKRIPT.COM
November 19, 2018, 10:30:15 PM
of course bad, not only for altcoins but for ico it's also bad. because bitcoin is the crypto top in the market so most investors are of course based on bitcoin. and if bitcoin goes down, their interest will also decrease, and interest in altcoin falls because of the crypto king who falls.
full member
Activity: 854
Merit: 100
November 19, 2018, 10:27:49 PM

The crypto market is relatively a small market and the coins shows high correlation with the market leader BTC.
BTC is dominating the market and when BTC crashes it is not a good thing for the entire market as it usually
crashes even further.
The performance of altcoins seems directly proportional to that of bitcoin and as a result of that, almost all altcoins get a significant change whenever bitcoin price changes, either positively or negatively. This makes me wonder why it is always so
jr. member
Activity: 238
Merit: 3
November 19, 2018, 10:07:14 PM
between bitcoin and altcoin it doesn't have a bad effect on the price of market conditions, but we are the ones who determine how to show the price to be stable
sr. member
Activity: 602
Merit: 250
November 19, 2018, 07:57:04 PM
but unless looking at the price of atcoins, it is not visible that the fall of Bitcoin affects them very much. my altcoin portfolio has dropped by 20% in the last couple of days. so the relationship is direct.
member
Activity: 476
Merit: 10
November 19, 2018, 07:53:39 PM

The crypto market is relatively a small market and the coins shows high correlation with the market leader BTC.
BTC is dominating the market and when BTC crashes it is not a good thing for the entire market as it usually
crashes even further.
jr. member
Activity: 100
Merit: 1
November 19, 2018, 07:14:08 PM
i think the reason bitcoin is very important is that it is the head of all altcoins and of course i say if it falls  it is going to affect the whole altcoins and i don t think that it is in a good way.
member
Activity: 276
Merit: 10
November 19, 2018, 07:11:13 PM
It's definitely bad for altcoin that bitcoin is dropping in price. The herd effect will affect quality cryptocurrency to be badly affected as a result of panic sell! Bitcoin still has a big influence on altcoin and to a very large extent determine altcoinprice in the market!

If the price of the cryptocurrency market starts to rise, then Bitcoin will start to grow first and all the Altcoins will very strongly slacken in price relative to it. So it was the last few times.
full member
Activity: 518
Merit: 100
November 19, 2018, 05:16:34 PM
Yes, it can be bad enough for some alts, but there are also alts that for some reason benefit from this, most are in red and falling, must be because of the exchanges that do not change alts directly to fiat, and a lot receive a greater effect, because they are practically being devalued twice.
jr. member
Activity: 201
Merit: 1
November 19, 2018, 05:14:31 PM
Of course very bad influence on Altcoin even all coins. Bitcoin is the parent of all coins. If Bitcoin goes down then almost all coins also go down as well as vice versa. Therefore we must immediately find a way to return Bitcoin back to winning ways before everything worsens. We are at a saturation point in waiting. I hope the experts can immediately find it.
member
Activity: 1344
Merit: 10
November 19, 2018, 05:03:45 PM
The market periodically behaves so badly. The main thing to stock up on steel nerves and wait until December 12, well, and there already will be growth.
member
Activity: 490
Merit: 10
November 19, 2018, 04:40:48 PM
Most likely we are witnessing the manipulation of large market players by prior arrangement. I think that next week the rapid growth will begin.
member
Activity: 183
Merit: 10
November 19, 2018, 04:27:37 PM
I think the fall in the price of bitcoin will gradually be followed by the rest of the cryptocurrency. Bitcoin sets the rhythm of the entire cryptocurrency market.
copper member
Activity: 266
Merit: 0
SYNCHROBIT
November 19, 2018, 04:14:28 PM
At the moment every coin depends on BTC due to the big market dominance and it is very bad for altcoins that they are depending on BTC, because they have nothing to do with this coin. They have their own technology, roadmap and product.
hero member
Activity: 1372
Merit: 500
November 19, 2018, 10:33:00 AM
From the basically, all altcoins aims at bitcoin, if the price of bitcoin still down like this, of course altcoin also feels it, a situation like this often happens in cryptocurrency, which certainly all prices whether bitcoin or the other will definitely return to normal.
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