Is it bad for altcoin that BTC is dropping - page 19.

sallasvve

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Quote from: coralwoods18 on May 27, 2018, 11:23:57 AM

Bitcoin price is constantly dropping for the last several days. What effects are putting it on Altcoins ? Is it bad or good ?

Of course, we all want the price of BTC to grow every day. And behind it all the other altcoins would grow. But the crypto market is very unstable. Do not worry, segonya down, tomorrow up.

COPARTT23

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Today, Alt and BTC have a close relationship, and due to the fact that many expect radical changes in prices, there is minimal interest in alt, and in case of a further fall, even more short positions can be expected.

Marina17

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Not all alts react to bitcoin's price movement now. Most recently, they were in direct dependence and charts repeated each other, but nowadays it is not so.

Amberum

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All say that altcoins go with bitcoin up and down, it is relatively true, because some altcoins go in opposite phase, some in any other phase. Depend on what you analyzing.

Milka86

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Quote from: DeKingCrypto on November 16, 2018, 01:57:18 AM

I think whenever BTC drops, it definitely affects Altcoins and that is also a bad signal to the entire cryptocurrency market.

This is because Altcoins are most often traded on a bitcoin exchange . And very much because of this affects the price . The price falls if Bitcoin falls . There are of course still all sorts of factors affecting Altcoins, but it is also very affected

DeKingCrypto

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I think whenever BTC drops, it definitely affects Altcoins and that is also a bad signal to the entire cryptocurrency market.

Igor.J

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Quote from: coralwoods18 on May 27, 2018, 11:23:57 AM

Bitcoin price is constantly dropping for the last several days. What effects are putting it on Altcoins ? Is it bad or good ?

This is badly reduced by the entire market, it is still unknown which coins will ignore this fall and will have small drops, and which ones will completely fall to zero. By the way, it is now interesting to look behind the tron, like the most widely-spread coin

choychoy

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Quote from: coralwoods18 on May 27, 2018, 11:23:57 AM

Bitcoin price is constantly dropping for the last several days. What effects are putting it on Altcoins ? Is it bad or good ?

Every drop of bitcoin price is a danger on all altcoins as this will pull down their prices due to trading pairing of bitcoin. Also bitcoin is the barometer of the cryptocurrency as the ups and downs of bitcoin will dictate the whole market.

Miklight88

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Alts is good to trade in but very risk when btc drop as it will give two negative price to alts by both dollar and btc value , I like the fact that btc is very important in cryptocurrency and so the alts but when btc dip many coin suffer in it.

Adriano2010

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Yes is bad for altcoins that bitcoin price drops. I think we need in future to have for top altcoins pairs with fiat EUR, USD, GBP... not only with bitcoin, to have a possible stable price for altcoins and at least to not see a huge drop of price when bitcoin drops so low to not have so much affect on altcoins price.

WackMack

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Bitcoin tsega directly affects the price of alternative currencies. If the key cryptocurrency grows, then the whole market follows it. If bitcoin falls, then other coins fly after him (only perhaps even stronger)

bce

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Quote from: coralwoods18 on May 27, 2018, 11:23:57 AM

Bitcoin price is constantly dropping for the last several days. What effects are putting it on Altcoins ? Is it bad or good ?

maybe now bitcoin is still the guideline of all price developments, but the development of crypto currencies no one can predict for sure the development of cryptocurrency investors must have the confidence and patience in investing in crypto currencies

Sevarchik

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Sure, because most of altcoins trades only for bitcoin and dropping btc affects him totally.

ronafurw

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Quote from: coralwoods18 on May 27, 2018, 11:23:57 AM

Bitcoin price is constantly dropping for the last several days. What effects are putting it on Altcoins ? Is it bad or good ?

Not really bad, although altcoins usually drop when you see Bitcoin price dropping. Buh why I said it’s not really bad is because we are always sure that no matter how low it gets, there will still come a time when everything will get back up. So in this kind of situation there is no need to panic, that’s the volatility we all talk about.

Gaggy185

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Again the cryptocurrency market has fallen sharply in exchange rates since May 2018. It is puzzling to expect a market to prosper in 2018. When the exchange rate of BTC and ETH decrease, all altcoins in the cryptos market will be severely affected. And once the altcoins fall, it will be challenging with altcoins to recover because the project not enough money to push their Token prices.

mbluxs

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Quote from: coralwoods18 on May 27, 2018, 11:23:57 AM

Bitcoin price is constantly dropping for the last several days. What effects are putting it on Altcoins ? Is it bad or good ?

as usual prices will go down following the price of bitcoin. because usually the price of all coins will decrease further if the price of bitcoin also drops

Ferr

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Quote from: coralwoods18 on May 27, 2018, 11:23:57 AM

Bitcoin price is constantly dropping for the last several days. What effects are putting it on Altcoins ? Is it bad or good ?

as far as I know if the price of bitcoin goes down it will definitely have an impact on others, as the price of other coins goes down, investors feel anxious and afraid because the price of crypto is decreasing

oktana

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Of course it is very bad if the price of Bitcoin continues to fall, the effect that many altcoins will have will be that there will be a lot of price declines and that of course will be felt by some altcoins who have ranked above.

tom14cat14

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For me every drop is a bad thing. No matter is it btc or the other strong altcoins. It is better when everything is red

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