what's the cryptocurrency prices rule if btc up or down

Qiuyue201

sr. member

Activity: 537

Merit: 250

Quote from: Kpmaline on September 11, 2017, 05:21:45 AM

BTC why sometimes when btc rise up found all alts go down with prices Huh

BTW yesterday all cryptocurrency break the rules and move with btc wave . maybe when we know some thing like that can help us to take decision ( when to buy/sell ) any1 have the answer Cry

That was not the bitcoin's waves but it was the altcoin's waves. I think you don't read about the latest news already attacked the icos stock or token which the china already banned it. Since the announcement already released and the bitcoin gets an impact too.

Kpmaline

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2 da Moon

Quote from: truimpheriues on September 11, 2017, 05:46:19 AM

ussualy if bitcoin price incraese high all altcoin downprice
but if bitcoin price down, not all altcoin can incraese price

all altcoin ETH platform and ico use ETH, is equal with ETH, ETH price incraese, all altcoin price use ETH platform can incraese too
if ETH down price, all altcoin use ETH platform down price too

coins that in USD market like dash/edr also The same theory

Faroxx

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It's not such a simple question really. Someone says that they are moving the same way, who is zealously argues that they move opposite each other. Personally I watch the market for 4 years (since 2013) and in my memory there is no exact answer. It always happens differently.

Kpmaline

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Activity: 89

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2 da Moon

The most basic rule is that when btc is up, alts go down and when btc is down, alts go up but it is not that sometimes so there really isnt a rule to predict altcoin price movements. It changed just after the current rally of btc that we have seen several months ago. One can only predict their price via speculation, and of course developments that were being implemented or developments planned to be implemented on a coin. Also price of altcoin can be predicted via news about crypto itself.
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but can cryptocurrency effect btc prices . like bcc when it added btc go down :/

truimpheriues

hero member

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ussualy if bitcoin price incraese high all altcoin downprice
but if bitcoin price down, not all altcoin can incraese price

all altcoin ETH platform and ico use ETH, is equal with ETH, ETH price incraese, all altcoin price use ETH platform can incraese too
if ETH down price, all altcoin use ETH platform down price too

Seansky

hero member

Activity: 560

Merit: 500

Quote from: Kpmaline on September 11, 2017, 05:21:45 AM

BTC why sometimes when btc rise up found all alts go down with prices Huh

BTW yesterday all cryptocurrency break the rules and move with btc wave . maybe when we know some thing like that can help us to take decision ( when to buy/sell ) any1 have the answer Cry

The most basic rule is that when btc is up, alts go down and when btc is down, alts go up but it is not that sometimes so there really isnt a rule to predict altcoin price movements. It changed just after the current rally of btc that we have seen several months ago. One can only predict their price via speculation, and of course developments that were being implemented or developments planned to be implemented on a coin. Also price of altcoin can be predicted via news about crypto itself.

Kpmaline

jr. member

Activity: 89

Merit: 3

2 da Moon

BTC why sometimes when btc rise up found all alts go down with prices Huh

BTW yesterday all cryptocurrency break the rules and move with btc wave . maybe when we know some thing like that can help us to take decision ( when to buy/sell ) any1 have the answer Cry

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