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Topic: when altcoins stop following bitcoin price ? - page 6. (Read 1310 times)

full member
Activity: 439
Merit: 100
September 29, 2018, 02:19:25 PM
#99
Blockchain technology continues to be developed and gets important attention from everyone, we can see bitcoin will have great competitors in the future, with innovative and better ideas. Bitcoin has a small amount of supply, this makes bitcoin prices high, has many requests but only has a little inventory.
Investments is BTC decreased, but Bitcoin, as the very first cryptocurrency, will influence the development of the entire market for a long time. On the coinmarketcap, there are statistics that indicate that Bitcoin's dominance at the moment is 55%.
member
Activity: 350
Merit: 10
September 29, 2018, 12:52:58 PM
#98
I think bitcoin will take the lead for a long time and all altcoins will be based on its value, but it would be good for altcoins to become independent.
member
Activity: 126
Merit: 10
September 29, 2018, 12:49:31 PM
#97
I think that never. Because they will always depend on the leader from bitcoin. Bitcoin will always set the growth rate and the altcoins will be guided by it.
member
Activity: 448
Merit: 10
September 29, 2018, 12:45:02 PM
#96
In my analysis the price of altcoins is depend upon the price of bitcoin. When the bitcoin price rises the altcoin price do rise also. Some of our community always check on the passively innovation of bitcoin, they are feel great if continuously rising the price of bitcoin.
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true because bitcoin can be referred to as an altcoin parent as it will always keep abreast of bitcoin prices and besides that we all know bitcoin is the first currency to carry out the market almost completely. if an independent altcoin will be difficult to develop because the project platform is controlled by bitcoin.
hero member
Activity: 854
Merit: 500
September 29, 2018, 12:10:21 PM
#95
Usually, Altos stop following the cue ball when bitcoin is in a narrow corridor and the price practically does not change. Then the domination of altcoins begins to grow rapidly
newbie
Activity: 38
Merit: 0
September 29, 2018, 12:09:25 PM
#94
To make such a phenomenon happen, bitcoin should weaken, but now Its price and market capitalization is much higher than the line at which the influence of Bitcoin will become apparent.
sr. member
Activity: 1372
Merit: 275
September 29, 2018, 12:08:14 PM
#93
altcoin will still follow the price of bitcoin and including the system and also the increase and decrease of the price of bitcoin altcoin contribute greatly to bitcoin
full member
Activity: 896
Merit: 103
September 29, 2018, 12:04:42 PM
#92
as honest - I cant understand how price of the most altcoins depends from price of btc or eth, it strange, looks like manipulation
sr. member
Activity: 1736
Merit: 357
Peace be with you!
September 29, 2018, 11:35:35 AM
#91
As we notice that almost all the altcoins follow the price of bitcoin . I'm just wondering when they will become independent and don't follow the bitcoin price?
Altcoins stops following Bitcoins price in just two reasons, one is if a specific Altcoin died or if Bitcoin crash which is far impossible for now. Bitcoin is widely used, accepted and adopted so I think that those are few factors affecting Altcoins dependency on the price of Bitcoin. It could also be a reason that a specific Altcoin earns a stronger support from the community compared to Bitcoin which is also impossible for now.
sr. member
Activity: 448
Merit: 281
September 29, 2018, 11:24:55 AM
#90
As we notice that almost all the altcoins follow the price of bitcoin . I'm just wondering when they will become independent and don't follow the bitcoin price?
That is known trend price of altcoins follows, i don't think altcoins can be independent from bitcoin we have to leave with that reality, it is most recognised it is indispensable.
They can be if we start seeing real life usage and less of speculative driven prices with FUDs and FOMOs. This is the reason why coins and tokens with solid projects will always in the long run tend to do great whichever way and at least based on the fact that there will be users who will find a need to use it for the value it creates, then the possibility of seeing things manifest appropriately is still there.

In that kind of scenario, I believe most of those alts in these categories will be tagged to USD, and then we will be able to see them standalone doing their own thing without being pressured by the bitcoin market as they end up having a market and support of their own.
sr. member
Activity: 714
Merit: 250
September 27, 2018, 09:49:21 AM
#89
That thing will happened when people stop thinking that bitcoin is the mother for all cryptocurrecy, cause any altcoin should be able to be independence cause it was created as the alternative currency other than bitcoin itself.
sr. member
Activity: 574
Merit: 251
The Premier Digital Asset Management Ecosystem
September 27, 2018, 09:36:25 AM
#88
Most assets always depend on a main one. So Altcoins always depend on Bitcoin price. But the question is that the algorithm of their behavior always changes. Today altcoins are falling while Bitcoin is growing. But tomorrow it will be the way around.
full member
Activity: 448
Merit: 100
September 27, 2018, 09:22:39 AM
#87
As we notice that almost all the altcoins follow the price of bitcoin . I'm just wondering when they will become independent and don't follow the bitcoin price?
When there's more fiat pairing in the market then that kind of situation will happen, right now it's impossible to do because most of the trading pair is against btc so of course the movement of bitcoin will affect alts a lot. Fiat trading pair is very important because the price will be solely affected by the development and the performance of the project, if the project is really good then the price will go up without bitcoin hindering its movement.
sr. member
Activity: 644
Merit: 250
September 27, 2018, 09:20:26 AM
#86
As we notice that almost all the altcoins follow the price of bitcoin . I'm just wondering when they will become independent and don't follow the bitcoin price?
None, all altcoins on average have Bitcoin and Ethereum pairs, it doesn't make sense if an altcoin doesn't follow the price of their parents.
jr. member
Activity: 121
Merit: 1
The World’s First Blockchain Core
September 27, 2018, 09:20:21 AM
#85
As we notice that almost all the altcoins follow the price of bitcoin . I'm just wondering when they will become independent and don't follow the bitcoin price?

That is also very important question for me . Because alts generally following btc's price always. we need to independency for altcoins. Whales keep manipulating the market.
full member
Activity: 924
Merit: 221
September 27, 2018, 09:19:46 AM
#84
Probably it will not happen when altcoins will stop following bitcoin market price movement. Usually if an altcoin doesn't have a good utility for the project was not able to work out then probably the market cap for that coin also is low. And since the altcoins short term for alternative coins for bitcoin then definitely all of the altcoins are connected with bitcoin. So whatever market price movement for bitcoin the altcoins will probablly follow.
jr. member
Activity: 336
Merit: 1
September 27, 2018, 09:18:59 AM
#83
There have been some altcoins that are growing in price and independent of bitcoin, some of this altcoins got pumped while bitcoin is still struggling to grow beyond 0.09%. Altcoins can only stop following bitcoin price when they have great idea that is sellable and roadmap that is feasible thereby creating a viable coin that can create a space for itself in the market
jr. member
Activity: 420
Merit: 1
September 27, 2018, 09:16:08 AM
#82
Bitcoin is an indicator of the state of the entire cryptocurrency market. Of course, the main growth begins undoubtedly with bitcoin and then the rest of the altcoins begin to grow.
full member
Activity: 356
Merit: 100
September 27, 2018, 09:11:33 AM
#81
In my analysis the price of altcoins is depend upon the price of bitcoin. When the bitcoin price rises the altcoin price do rise also. Some of our community always check on the passively innovation of bitcoin, they are feel great if continuously rising the price of bitcoin.
full member
Activity: 574
Merit: 102
September 27, 2018, 09:04:41 AM
#80
This will happen when the exchanges stops pairing altcoins to bitcoin but I think that situation will only happen when altcoins became big and started to be used by mainstream. I think it started cause the top altcoins are now paired to usd in almost all of the exchanges unlike way back then when it's only paired to bitcoin.
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