When the price of bitcoin falls sharply, most altcoin falls.
Because bitcoin gives people confidence that if bitcoin falls, most people in the market will lose confidence.
Topic: What is the relationship between Altcoins and bitcoin ? - page 6. (Read 589 times)
There are both good bitcoin nor altcoin is to regulation each other. When the price goes up, the price bitcoin altcoin going down. So people will sell bitcoin and buy altcoin. Conversely, when prices go down, bitcoin bitcoin then altcoin prices going up. So people will be selling altcoin and buy a bitcoin. that's roughly the relationship between the two. Complement each other.
I can't think of any relationship between them, you mentioned it already and that's the relationship between altcoins and bitcoin.
main relationship between Altcoins and bitcoin is the price, as we all know bitcoin is the king so it play a huge role, but Altcoins is also connected it to boost up or down. if bitcoins gose up it takes up Altcoins with it too, on the other hand if people invest in Altcoins they boost the king also.
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 a very large connection, because the price of all crypto-currencies depends on the price of bitcoin,it sets the bar for them with its own
Since 2011 Twenty Six Cryptocurrency Exchanges Bit the Dust – Altcoin Exchange Believes Atomic Swaps Will Prevent These LossesThe team at Altcoin Exchange says they still has some work to do with the code as far as privacy and order matching comes. The group says they are also thankful for the decred development team and Litecoin’s Charlie Lee for help pioneering the atomic swap effort.
“Since June of 2011, 26 exchanges have been compromised, resulting in the loss of millions of dollars worth of coins. To prevent more of these types of hacks, decentralized exchanges are needed, and atomic swaps bring us one step closer to achieving this goal,” Gazdecki explains to news.Bitcoin.com
“Since June of 2011, 26 exchanges have been compromised, resulting in the loss of millions of dollars worth of coins. To prevent more of these types of hacks, decentralized exchanges are needed, and atomic swaps bring us one step closer to achieving this goal,” Gazdecki explains to news.Bitcoin.com
There is no basic difference between bitcoin and altcoins. Both are running on the same technology and developing in the same way. Excepr bitcoin, other cryptocurrencies are called altcoins.
Btcoin is the best crypto system of all time but there is coin named Altcoin this is related with btc because the price effect of both of them. Its like share market and if the price of BTC increase some alt coin increases and some decreases so both of them are vice versa.
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 ?
Jump to: