I think your perception of bitcoin volatility is wrong, I understand your assumption that altcoin controls the volatility of bitcoin.
basically, a child cannot control the parent. Thus, the bitcoin being the standard altcoin value, altcoin value volatility has no effect on bitcoin.
Topic: So why Altcoins exist ?? (Read 569 times)
I think Bitcoin's price doesn't depend on ALT coins always. Every altcoins has some unique role and features and so the price moves up and down. But yes, bitcoin price moves a bit up or down since altcoins trading are done with BTC or ETH.
as the name altcoin is an alternative coin its mean that thisc oin will be an alternative beside the bitcoin, its mean that like bitcoin, they use blockchain network system and do like bitcoin but its not bitcoin, hard to explain but like bitcoin with other name 
Altcoin is needed to create competition for bitcoins in the market of crypto-currencies. There can not be only one bitcoin. Also some altcoyins will win in speed in bitcoin and offer many things that bitcoin can not do. But they are not so popular in the market
Altcoins have different goals and objectives other than bitcoin. This act as the alternative of bitcoin. Besides, they more like bitcoin clones having some differences in it. So, Altcoin is not simulating bitcoin's path and most of the time, they work independently.
Altcoins prices push the price of bitcoin up and down !!
if Altcoin is a simulation of bitcoin's path, so why not just bitcoin enough ??
Any altcoin owns its name, project and ideas, so why that altcoins are related in the pricing with bitcoin ??
You see, it's more correct to say that it is bitcoin affect altcoins prices than opposite. All of them were created just in the chase of demand and greedy wish to make money on this and nothing more. Today the demand on everything about crypto is high, that means that we can expect the appearance of new and new coins and projects based on crypto and Blockchain. if Altcoin is a simulation of bitcoin's path, so why not just bitcoin enough ??
Any altcoin owns its name, project and ideas, so why that altcoins are related in the pricing with bitcoin ??
the wierd thing is that alt coins follow bitcoin it was not always like this if bitcoint went down most altcoins went up and vice versa, now they all follow each other, thats why i belive there is some big market manipulation going on.
Altcoins is just like bitcoin. Those are coins that are aiming to be better to bitcoin. They provide lots of better features, security anfd offers that bitcoin can't give.
They exist also because bitcoin became famous and they see that creating new coins can make them successful.
They exist also because bitcoin became famous and they see that creating new coins can make them successful.
The basic thing why we are also using bitcoin along with altcoins was very simple if bitcoin is die we have altcoins in our hands it is the common answer but bitcoin very powerful and very effective so it will not die soon .
As it seems to me it's not alts push BTC up and down, everything happens exactly the opposite.
That on the exchanges there are pairs of any alts with a BTC - this ensures the price dependence.
I understand that this is the choice of the exchanges themselves, what pairs they trade in.
I think that over time the situation will radically change and individual projects will become independent and it will be logical.
altcoins does not affect bitcoin directly, otherwise i feel that bitcoin is able to affect the price of other coins. and if you ask why altcoins is exist, because the cryptocurrency technology continues developing, the expert keep make a new inovation from the technology, and i think this is really good to maintain existence of the cryptocurrency in the future!
Altcoins prices push the price of bitcoin up and down !!
if Altcoin is a simulation of bitcoin's path, so why not just bitcoin enough ??
Any altcoin owns its name, project and ideas, so why that altcoins are related in the pricing with bitcoin ??
who told you that price of altcoins pushes the price of bitcoins?cant you see the trend?bitcoin dictates what the price of altcoins will be.if the value of the Great coins grows,all the alternative coins will grow,but if bitcoin losses price then same as the other coins..so youre wrong in saying such word..about your question why altcoin exists,its because the great coin needs companions to offer other services and to make their own path here in crypto if Altcoin is a simulation of bitcoin's path, so why not just bitcoin enough ??
Any altcoin owns its name, project and ideas, so why that altcoins are related in the pricing with bitcoin ??
Altcoins prices push the price of bitcoin up and down !!
if Altcoin is a simulation of bitcoin's path, so why not just bitcoin enough ??
Any altcoin owns its name, project and ideas, so why that altcoins are related in the pricing with bitcoin ??
Because of a huge success of BITCOIN in cryptocurrency world, a lot of new cryptocurrency would like to improve what the bitcoin is lacking.if Altcoin is a simulation of bitcoin's path, so why not just bitcoin enough ??
Any altcoin owns its name, project and ideas, so why that altcoins are related in the pricing with bitcoin ??
If bitcoin is enough theres should be no other altcoins.
Altcoins purpose is to fill what the bitcoins cant do, they offer their platforms to fill the limitations of bitcoin.
All of the people have different needs in daily life, and ALTCOINS provide it based on their platform. Because of that people who like their platform is investing in them.
And for me what i think is that the price of bitcoins is the one who would affect the price of ALTCOINS.
Almost all of the altcoins will suffer if the price of bitcoin decrease.
Also for investing in new altcoins, bitcoin is the primary source of investment medium.
Altcoins prices push the price of bitcoin up and down !!
if Altcoin is a simulation of bitcoin's path, so why not just bitcoin enough ??
Any altcoin owns its name, project and ideas, so why that altcoins are related in the pricing with bitcoin ??
Because of a huge success of BITCOIN in cryptocurrency world, a lot of new cryptocurrency would like to improve what the bitcoin is lacking.if Altcoin is a simulation of bitcoin's path, so why not just bitcoin enough ??
Any altcoin owns its name, project and ideas, so why that altcoins are related in the pricing with bitcoin ??
If bitcoin is enough theres should be no other altcoins.
Altcoins purpose is to fill what the bitcoins cant do, they offer their platforms to fill the limitations of bitcoin.
All of the people have different needs in daily life, and ALTCOINS provide it based on their platform. Because of that people who like their platform is investing in them.
And for me what i think is that the price of bitcoins is the one who would affect the price of ALTCOINS.
Almost all of the altcoins will suffer if the price of bitcoin decrease.
Also for investing in new altcoins, bitcoin is the primary source of investment medium.
Altcoin is a standard name for any advanced cryptocurrency such as Bitcoin. The term remains as a competitive preference to Bitcoin. It can describe cryptocurrency that isn’t Bitcoin. This advent is not difficult to achieve as Bitcoin is a free, open-source stage platform. And most important you can earn fast and more in altcoins.
Altcoins prices push the price of bitcoin up and down !!
if Altcoin is a simulation of bitcoin's path, so why not just bitcoin enough ??
Any altcoin owns its name, project and ideas, so why that altcoins are related in the pricing with bitcoin ??
if Altcoin is a simulation of bitcoin's path, so why not just bitcoin enough ??
Any altcoin owns its name, project and ideas, so why that altcoins are related in the pricing with bitcoin ??
first of all altcoins does not push btc anywhere.
Altcoins have a completely different purpose like eth/neo/eos and others they can be used to make tokens for your project, other alts are a lot faster than btc. Btc is not universal .
we need different alt coins for different purposes... thats the way i see it. I also think competetion is healthy for the market. It can only make everyone better. But I don't think we can have one coin to serve all purposes.
Altcoins are actually a part of all cryptocurrencies, they are created as a line of cryptocurrency business, as we all know, a lots of coins are in the market today, different kinds and different in status but they are all part of the existence of bitcoin. And if we try to look back in the very beggining, when bitcoin created by the generous creator a certain name Satoshi Nakamoto, we don't see altcoin in that time, but time passes by, a lots of coins introduced and launch in the market, as what I have analyzed, altcoins are something a back up on bitcoin business on which people decides for another form of choices. Altcoin is created by Derek Nisvet and also a bitcoin fan, but if we try to count on how many altcoins that continuously created today, it was more than one thousands of altcoins today in the market.
Altcoins is just like bitcoin. Those are coins that are aiming to be better to bitcoin. They provide lots of better features, security anfd offers that bitcoin can't give.
They exist also because bitcoin became famous and they see that creating new coins can make them successful.
They exist also because bitcoin became famous and they see that creating new coins can make them successful.
the altcoins offer special and unique features and focus on specific problems and issues in the real world or in the cryptocurrency one. all of the cryptocurrencies are an implementation of the the block chain technology. saying we should only have bitcoin is like saying we should only have the iphone for touch screen technologies.
Regarding the projects, and its objectives, there is many project has not any problems to resolve and no meaning of being in the existence.I don't disagree with that, in fact I think 80-90% of coins are scams and people fall for them because of greed.
They say that the difference is grace.
Altcoin is created because they have their own project to prove, or they beleived that they are much better than bitcoin, as we all know most of the altcoin has a much better transaction fee and much faster rather than bitcoin.
Yes, sure. Bitcoin was just the pioneer, the mother of the cryptocurrency. Each altcoin can offer its own possibilities, many of them are much safer and more anonymous than Bitcoin. Thus, they will live.
Jump to: