Topic: Is it bad for altcoin that BTC is dropping - page 27. (Read 24243 times)
Some altcoins show good growth last days. You need to undestand and BTC influence top of market only, but not the entire market. I hope you got my point.
Altcoins usually follow btc , so if bitcoin is moving down then alts will drop too . If you are a holder any assets , of course you will not be satisfied that your asset falls in value. On the other hand, if you are a potential buyer and are looking for a good entry point, then the price drop is only good for you. Thus everything depends on the point of view.
It is bad for top altcoins, but when you look down below, there are so much tokens that does not care about BTC prices and they are the future of the indusrty.
Many of first and the oldest altcoins were based on BTC, so there is obvious that they are connected. Some of them may even completely copy BTC.
Bitcoin price is constantly dropping for the last several days. What effects are putting it on Altcoins ? Is it bad or good ?
The thing is that most of altcoins do no start to grow, when BTC is growing, which makes me confused about this connection. However, when BTC is fine, market is fine.
Of course, this is bad, since Bitcoin is the leader in capitalization, its price drop will affect all altcoins.
altcoin depends on BTC which proves that now almost all coins have decreased because BTC has dropped. so that it can be said is a disaster for altcoin if BTC goes down even though it doesn't fully follow BTC because sometimes there are Altcoin going up even though BTC goes down but it's still only a small part compared to many altcoins.Of course, this is bad, since Bitcoin is the leader in capitalization, its price drop will affect all altcoins.
altcoin depends on BTC which proves that now almost all coins have decreased because BTC has dropped. so that it can be said is a disaster for altcoin if BTC goes down even though it doesn't fully follow BTC because sometimes there are Altcoin going up even though BTC goes down but it's still only a small part compared to many altcoins. Bitcoin price is constantly dropping for the last several days. What effects are putting it on Altcoins ? Is it bad or good ?
Bitcoin is the master of the market crypto and logically that his movements are followed by the other altcoins. The devaluation of the BTC while it lasts will make it impossible for the exchanges to rise in price. The movements are similar and joint, so only with the recovery of bitcoin the altcoins will again be negotiated at fairer prices 
Of course, this is bad, since Bitcoin is the leader in capitalization, its price drop will affect all altcoins.
With some alternative cryptocurrency? yes it is bad if the value of BTC will fall!
But to others that still getting more BTC value in the market.
It is not bad for them as long as they are gaining the value.
But to others that still getting more BTC value in the market.
It is not bad for them as long as they are gaining the value.
Until 2018, there was a trend in which the price of Bitcoin decreased, while on Altcoin, on the contrary, it increased. Now, the prices of all altcoins depend on the price of bitcoin, and it is an indicator on the cryptocurrency market. Therefore, of course, it is bad when the price of Bitcoin does not decrease.
As of these days, bitcoins keep on fluctuating at around $6000+ it hasn't goes beyond that or fall bellow that price.
And those occurrence also affecting altcoins, when ever BTC rising, most of the altcoins rising, and vise versa.
And those occurrence also affecting altcoins, when ever BTC rising, most of the altcoins rising, and vise versa.
Bitcoin price is constantly dropping for the last several days. What effects are putting it on Altcoins ? Is it bad or good ?
Keep in mind that many altcoins are based on BTC model, so they will do the same things as BTC. On the other hands, we need stable BTC to make people sure about future of industry.
The price of altcoins depends on the price of bitcoin. I think that, by the end of 2018, bitcoin will begin to grow in price, and behind it the entire cryptocurrency market.
Bitcoin price is constantly dropping for the last several days. What effects are putting it on Altcoins ? Is it bad or good ?
I think since all altcoins in any case depend on bitcoin, it is likely that its fall will have a negative impact on all altcoins. I hope someday they will be independent from each other. 
Yes for now all the altcoin market is pegged to bitcoin I don't think they can hold their price if bitcoin drop anyways good luck in your investment 
btc is the market leader in cryptocurrency and it sets the trend in the market . The market is now bearish and all the other altcoins follow him. But this situation gives the opportunity to purchase the digital currency when its price is at the bottom , ie the time for long term investment.
I think altcoin will be affected when market of BTC are dropping ,it is because they are just depended on the fluctuation of Bitcoin .But I believe there will be more expected to happen in the perfect time. 
btc is the market leader in cryptocurrency and it sets the trend in the market . The market is now bearish and all the other altcoins follow him. But this situation gives the opportunity to purchase the digital currency when its price is at the bottom , ie the time for long term investment.
Of course! Btc controls everything in the crypto industry. Every coin is directly or indirectly tied to bitcoin and this means bitcoin dictates the movement of almost every coin. When bitcoin dips, others usually follow and at this time, Bitcoin is dipping and its already reflecting by the movement of other coins. The crypto market needs a stable bitcoin to actually maintain a stable run, an appreciation in bitcoin prices ultimately leads to an appreciation in altcoin prices and that is what we all want to see.
It is always bad for all of the coins that bitcoin is dropping, when the price of bitcoin drops then the prices of altcoins follow through because they all have some kind of trading pairs with bitcoin. That is why if any of us wants our altcoins to do well then we all have to give bitcoin the utmost support that we can, we can only have a bull market when the price of bitcoin bulls
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