What is the relationship between Altcoins and bitcoin ? - page 4.

jc89

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Quote from: altcoinanalyst1 on May 19, 2018, 05:05:17 AM

The main currency in cryptocurrency markets is Bitcoin. Alts tend to fund Bitcoin runs and Bitcoin tends to fund alt runs. Given this relationship, Bitcoin price movements effect altcoin prices. But the result is unpredictable. Certainly there are some common relations between them. So what are the common trends that occur to altcoins when bitcoin price changes ?

This is because the price of an altcoin is in Bitcoin and not in fiat. So is an altcoin x = 1 btc = $10,000 then 1 btc after an hour becomes $9,000 then an altcoin x = 1 btc = $9,000. Even though the conversion factor of x to btc remains the same, the value changes because of the value change in btc. This is not always the case since every altcoin has their own community that could affect the price independently from bitcoin.

Sarisang

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the majority of altcoin about his appearance many have adopted the bitcoin. This certainly indicates that altcoin is the same as with the support of bitcoin and getting bigger. and it is true it has swept up just where each increment altcoin certainly bitcoin also in a ride or vice versa. However, this does not mean the bitcoin will continue to be the highest but indeed to this day is still a few altcoins that can move beyond the bitcoin.

HadadC

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People know that , Bitcoin has big impact on over altcoins.Sometimes, there are a few altcoins which are the indepented , cant effect by Bitcoin.But , generally bitcoin effect all altcoins.

maryanti

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BountyMarketcap

The increase and decrease of the price on bitcoin affects on altcoin, because altcoin uses the benchmark price on the main coin is Bitcoin. So the relationship of BItcoin and altoin is at the price .

Pa1n

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JOIN THE NEXT MEGATREND IN CRYPTO!

Generally, altcoins follow Btc prices.Sometimes , there are a few different changes but as always bitcoin is the main key of crypto market.

Cryptodiamond12

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I think the relationship is price. Bitcoin's price movement generally affects altcoin prices. The relationship is not always predcitable , but there are some common trends. When Bitcoin goes down quickly for example after a highly anticipated fork, it will likely depress alts as money flows into fiat or cause alts to boom especially in terms of BTC pairs, where you trade BTC for alts as money flows into alts. When Bitcoin stagnates, it will likely cause alts to stagnate.

Md.salauddin

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There is no specific difference between Altcoins and bitcoin . but it is also true when btc price down most of the altr price also down btc directly or indirectly affects altr market.

vlad230

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I think the link between altcoins and bitcoin is that every transaction goes mainly through BTC as the majority of exchanges mainly support altcoin/btc pairs.

Another thing that I noticed is that people tend to protect their BTC investments and sell altcoins when the market is going down.

torrantz

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Sovryn - Brings DeFi to Bitcoin

Quote from: God on June 04, 2018, 09:45:24 AM

There is not a fixed relationship on the price of both, only that this is theory and most people think that it directly affects the price, came on guys, this is never happening

In fact the bitcoin fluctiation was affecting altcoin. But altcoin doesn't give any impact to the price of bitcoin because altcoin has used the bitcoin as the main pegged to determine the real price of altcoin itself.
Bitcoin can give an impact to altcoin but altcoin can't. The only possible thing the altcoin rely on the bitcoin.

God

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There is not a fixed relationship on the price of both, only that this is theory and most people think that it directly affects the price, came on guys, this is never happening

Arcoin1

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All coins in the crypto money world are based on Bitcoin. The increase in bitcoin is the increase in all Altcoins. All Altcoins are exported as Bitcoin values to the market. Without bitcoin, there will not be altcoin.

Anton1105

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The relationship between bitcoin and altcoins is determined by the correlation coefficient. A negative correlation indicates that altcoins are falling if bitcoin is growing. Negative correlation arises due to the fact that investors' capital flows from altcoins to bitcoin or vice versa. Positive correlation is manifested when bitcoin and altcoins are simultaneously growing. A positive correlation suggests that there are the same factors between bitcoin and altcoins.
Read more in this article: https://www.bitcoinmarketjournal.com/bitcoin-price-correlations/
Table of correlation coefficients of altcoins: https://bitinfocharts.com/correlation.html
P.S. I hope my post was useful

jackylion

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Buy, sell and store real cryptocurrencies

Quote from: jonalva on May 22, 2018, 05:53:15 AM

Bitcoin being a influential crypto has huge infuence in the market. This ia the most popular crypto it infuences the price of other altcoins very much. The increment or decrement os bitcoin is found to have an effect on them.

Although no one associates them with any relationship, the altcoin always depends on the BTC, as you see the market fluctuates, the BTC decreases, while the other altcoin decreases as well. So this may indicate that the BTC partially determines the price for the other altcoin.

Cilorku

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the relationship between altcoin and Bitcoin is certainly very close, I think they need each other. when bitcoin prices fall sharply, most of the altcoin falls. but increased ALtcoin values will also affect the capitalaisation of bitcoin. this is a very clear and sharp relationship.

Kate Beckett

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There is no unambiguous answer to this question. In certain cases, the market creates situations where many crypto currencies simultaneously start moving up or down, depending on the events occurring, whereas in other situations the same crypto-currency pairs show a minimal price correlation or its complete absence. For example, the correlation between LTC and BTC most often looks like direct proportionality, whereas with XRP - reverse proportionality.

VclDm

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The relationship of bitcoin and altcoin is electronic money and is traded on the cryptocurrency market. They are supported by modern blockchain technology and future will grow. Since the beginning of 2018, the cryptocurrency market has been volatile and the price of coin on the market has fluctuated. Bitcoins and altcoins are closely related.

harrypot

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Both are crypto currency. If we compare with popularity among them bitcoin is ahead from altcoin. Bitcoins prices will affect altcoins prices.

laracastvue

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Quote from: altcoinanalyst1 on May 19, 2018, 05:05:17 AM

The main currency in cryptocurrency markets is Bitcoin. Alts tend to fund Bitcoin runs and Bitcoin tends to fund alt runs. Given this relationship, Bitcoin price movements effect altcoin prices. But the result is unpredictable. Certainly there are some common relations between them. So what are the common trends that occur to altcoins when bitcoin price changes ?

They have relationship in terms of prices in the market, bitcoins price is tethere to altcoins and that is the reason why the prices of alts are being affected either it will increase or decrease depending on the state of bitcoin price in the market.

coin_maker

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Altcoin and Bitcoin both are the digital crypto currency in the market. i think bitcoin prices will effect other coins prices. But bitcoin is the best digital crypto currency in the world.

An0nyMoose

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Bitcoin was the first cryptocurrency in the market and it has bragging rights to the first position. The relationship between bitcoin and altcoins is that when altcoins are listed on exchanges, the first coin that they are paired with is always bitcoin and that is why the price of bitcoin affects the price of all the other coins. Altcoins just help to fill the cracks that bitcoin missed and they also help to solve the supply issue with bitcoin.

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