Topic: The effect of altcoin on bitcoin? (Read 678 times)
My long-term investment is 6 months, after which I bought an apartment, I waited and hoped for the miracle that finally happened. The main thing to believe.I have always loved and will love a long-term investment, because this requires a better patience, which not everyone has, that's the problem of every failure.
The vast majority of altcoins are exchanged for Bitcoin, which implies you can just get them (or offer) utilizing Bitcoin. On the off chance that the Bitcoin value drops down you can more often than not watch a similar move concerning the altcoin value graph. Likewise altcoins are (for the most part) cryptographic forms of money. In this manner alt's costs will respond an indistinguishable path from Bitcoin if there should be an occurrence of government directions (or macroeconomic variables) concerning cryptographic forms of money.
As indicated by me With the altcoin on the planet cryptographic money is particularly part for bitcoin.Yang in view of the impact of altcoin especially so incredible to bitcoin that can help the cost of bitcoin itself. Altcoin development and advancement as of late encountered an extremely critical increment and increase.This additionally influence the financial specialists to contend to put resources into ventures on the altcoin.
I think that first you need to decide what you want to get a result. If you are interested in a large increase you need to understand that it is quite risky . and if you are interested in more stable income, you need to choose the test stategii
bitcoin is the mother of all coin beyond any doubt its old and different altcoins are the ones superseded bitcoin the ones who are superior to bitcoin the overhauled form so I do feel that soon it will influence the execution of bitcoin in light of the fact that the request will be high individuals will anticipate something better substantially quicker and a greater number of highlights that can be more extensive than what bitcoin can offer.
Since the advent of bitcoin in 2009 led to cryptocurenccy experts competing to make another new coin like bitcoin, this is ALTCoin, where ALTCoin moves at the rate of bitcoin, most people use ALTCoin as the fastest way to collect bitcoin , because the rate or rate is often very promising against bitcoin, began the emergence of many ALTCoin make some coin is just a boom but also many investors and the various types.
What is the effect of increasing the amount of altcoin on bitcoin?
I think while cryptocurrency is spreading out among the people in the world, we will have at least 10 of the main cryptocurrencies and all the other ones would be just like in real world currencies, the local ones that represent particular projects. What is the effect of increasing the amount of altcoin on bitcoin?
Since the advent of bitcoin in 2009 led to cryptocurenccy experts competing to make another new coin like bitcoin, this is ALTCoin, where ALTCoin moves at the rate of bitcoin, most people use ALTCoin as the fastest way to collect bitcoin , because the rate or rate is often very promising against bitcoin, began the emergence of many ALTCoin make some coin is just a boom but also many investors and the various types.
What is the effect of increasing the amount of altcoin on bitcoin?
I think altcoin does not affect bitcoin because altcoin always follows the movement of bitcoin and in this way altcoin prices are decreasing as well because it follows the movement of bitcoin so from that I know if the altcoin effect on the bitcoin is not thereWhat is the effect of increasing the amount of altcoin on bitcoin?
Since the advent of bitcoin in 2009 led to cryptocurenccy experts competing to make another new coin like bitcoin, this is ALTCoin, where ALTCoin moves at the rate of bitcoin, most people use ALTCoin as the fastest way to collect bitcoin , because the rate or rate is often very promising against bitcoin, began the emergence of many ALTCoin make some coin is just a boom but also many investors and the various types.
What is the effect of increasing the amount of altcoin on bitcoin?
What is the effect of increasing the amount of altcoin on bitcoin?
Altcoin have very big effect in btc as almost all coins are valued in btc and even this new coin are funded in btc when their project is running. But nowadays as more ICO are based on ETH token that is why btc demand gone down but still as they are valued in btc
Since the advent of bitcoin in 2009 led to cryptocurenccy experts competing to make another new coin like bitcoin, this is ALTCoin, where ALTCoin moves at the rate of bitcoin, most people use ALTCoin as the fastest way to collect bitcoin , because the rate or rate is often very promising against bitcoin, began the emergence of many ALTCoin make some coin is just a boom but also many investors and the various types.
What is the effect of increasing the amount of altcoin on bitcoin?
I don't think there is any adverse or negative effect that altcoins could give or have already given bitcoin. If anything, I believe altcoins have become an efficient go-to for people who want to be involved in the crytptocurrency scene yet couldn't afford bitcoin due to it's high demand and high price which makes it harder for these investors to invest. What is the effect of increasing the amount of altcoin on bitcoin?
I think bitcoin effect to the altcoins but altcoin not effect to the bitcoin yes it is true some investors are using altcoin to increasing bitcoin and it is great opportunity to increase bitcoin by using other altcoins,
The presence of altcoins will affect the existence of Bitcoin cause these are now options to chose from. Instead of just investing in Bitcoin, people will just invest in these coins since it has cheaper value.
i think altcoin rely's on bitcoin because bitcoin is the father of all cryptocurrency and has the power to raise all other cryptocurrency, but some other's hold altcoin more just to get more bitcoin. the cost of altcoin can also help improve bitcoin, bitcoin was not created to cater all the needs of people with different purposes upon using cryptocurrency. through this altcoins more and more people are getting to know bitcoin.
Since the advent of bitcoin in 2009 led to cryptocurenccy experts competing to make another new coin like bitcoin, this is ALTCoin, where ALTCoin moves at the rate of bitcoin, most people use ALTCoin as the fastest way to collect bitcoin , because the rate or rate is often very promising against bitcoin, began the emergence of many ALTCoin make some coin is just a boom but also many investors and the various types.
What is the effect of increasing the amount of altcoin on bitcoin?
I think the introduction of Altcoin helps to diversify the market. It gives people the chance to have alternatives. What is the effect of increasing the amount of altcoin on bitcoin?
Because many Altcoins were developed to serve an extra function or a flaw with Bitcoin.
Moreover the Ethereum blockchain has made it possible for many Altcoins or projects to evolve and strengthen the community.
Altcoins and all other cryptos for that matter depend on the price of the bitcoin.
Since the advent of bitcoin in 2009 led to cryptocurenccy experts competing to make another new coin like bitcoin, this is ALTCoin, where ALTCoin moves at the rate of bitcoin, most people use ALTCoin as the fastest way to collect bitcoin , because the rate or rate is often very promising against bitcoin, began the emergence of many ALTCoin make some coin is just a boom but also many investors and the various types.
What is the effect of increasing the amount of altcoin on bitcoin?
What is the effect of increasing the amount of altcoin on bitcoin?
I think the effect of altcoin into bitcoin is not that big as bitcoin affect altcoin because everytime the price of bitcoin goes down, altcoin price will go down too. I can't see any effect of altcoin into bitcoin though, maybe because the effect is not that big to bitcoin.
Both are mutually supportive. But in terms of influence. Bitcoin will impact and create effects on ETH and entire market. ETH, on the other hand, broadens the overall development and more and more people know about bitcoin. Altcoin will promote the development of the market from other utilities and performance that are almost close to the community.
it doesnot effect bitcoin it is always the boss of all coins no any other coin cannot compete with it .
Altcoins wont have significant effect on bitcoin. All cryptos including altcoins, depend on bitcoin.when bitcoin's price go up others also go up, same as when there is decline in price on bitcoins, other coins also has a decline in their value.
I don't think altcoins even have any effect on Bitcoin. Maybe just affects the price when thete is exchange between the two coins but thats nothing. Bitcoin mostly affects other cryptocurrencies, without it others might have never even existed. Bitcoin has effect on the whole cryptocurrency market and altcoins follow its price course.
Bitcoin’s price movement generally affects altcoin prices. The relationship isn’t always predictable, but there are some common trends.
I think Some people want to be rich in Bitcoin and some people want to be rich in dollars. So you need to see what you want to do and then decide how to play cryptos for your benefit. For me, I like Bitcoin and Altcoin because they give us more freedom than what traditional financial markets do.
Many great Bitcoiners buy and trade cryptos so they can increase their bottom line Bitcoin.
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