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Topic: When bitcoin prices rise up the market also will - page 11. (Read 3361 times)

member
Activity: 462
Merit: 11
at this time I often see when the price of bitcoin goes up, the altcoin will experience a decline, but when the bitcoin starts to stabilize, the altcoin will move up to correct the value.
full member
Activity: 336
Merit: 100
I have noticed it when actually the bitcoin price is rising up the cryptomarket also will. Is that because of bitcoin is directly proportional to the other cryptocurrency? so that when bitcoin dumped the other crypto also will dump? Whats your opinion about it?
Yes because all we know that the all markets are base in bitcoin if bitcoin will rise then the market will rise up too but when the bitcoin down the market will down too.

Man, as I see, it happens all the time. When Bitcoin is going up, the market is doing the same thing. When BTC is losing its price, the tokens and falling down.
hero member
Activity: 910
Merit: 502
I have noticed it when actually the bitcoin price is rising up the cryptomarket also will. Is that because of bitcoin is directly proportional to the other cryptocurrency? so that when bitcoin dumped the other crypto also will dump? Whats your opinion about it?
what do you mean the market??  I guess it is similar in the physical world market, about the demand,supply and price. But I don't think that if the price of bitcoin drops the altcoin will also drop. I think bitcoin and altcoin is inversely proportion by their price, demand and supply. 
Bitcoin is manipulating the whole digital market and to be very honest, since the first moment I have been dealing with digital coins, bitcoin has ruled digital market and if it is moving upwards, so does the market and if it is falling down, so does the whole market. This is the reason why bitcoin is said to be the king of crypto currency world. This dip will be over soon.
newbie
Activity: 154
Merit: 0
Actually, I think there are a number of systematic reasons behind it. And these reasons can not be easily selected and done. But for this we should be more aware of the market. And do not take action to earning without enough knowledge. That Will be the wise work Cheesy.
newbie
Activity: 6
Merit: 0
I can say that too that they are proportional, as I observe now a days, once the price of bitcoin uprising the market also will, maybe because they are equal and the market also depends the rate or value of bitcoin that is why it is both flactuated and also flexible.
full member
Activity: 378
Merit: 100
I LOVE ADABS
yes that is true, because almost all coins depend on the price of bitcoin, so if the price of bitcoin falls then the market will also go down because almost all coins will also go down, but if the price of bitcoin goes up then the market will become crowded because the price of other coins will also rise

Ethereum is tether to bitcoins and most of the altcoins that are newly released are based on ethereum so obviously every coin will be affected by the growth of bitcoins.
full member
Activity: 448
Merit: 100
It is true that when the price of bitcoin rises, the prices in the trading market also rise, I have learned what is in bitcoin and there is a market that I learned, when the price of bitcoin rises, the market price in trading also rises.
legendary
Activity: 1540
Merit: 1016
It is because the altcoins are mainly traded with BTC pairs. This is why the altcoin price movement is proportional to the Bitcoin price.
newbie
Activity: 53
Merit: 0
On my opinion, the price of bitcoin rise means automatically the market also rise. Because bitcoin is the king of cryptocurrency. Always alts value depends upon the bitcoin. See today market is red both bitcoin and altcoins are again statred to decrease. The market is analysed by bitcoin price always, now the market again starts to decrease. Dont know when it will be back and starts to rise.
full member
Activity: 392
Merit: 100
I have noticed it when actually the bitcoin price is rising up the cryptomarket also will. Is that because of bitcoin is directly proportional to the other cryptocurrency? so that when bitcoin dumped the other crypto also will dump? Whats your opinion about it?
Hopefully it will be because my most funds are concentrated in alternative cryptocurrencies and not in Bitcoin so practically for me bitcoin Rise is not the thing that im waiting for. I'm waiting for rise of alternative crypto.
member
Activity: 252
Merit: 10
I have noticed it when actually the bitcoin price is rising up the cryptomarket also will. Is that because of bitcoin is directly proportional to the other cryptocurrency? so that when bitcoin dumped the other crypto also will dump? Whats your opinion about it?
Well when the bitcoin price will rise the market will rise to . because all the markets depends in bitcoin.
newbie
Activity: 77
Merit: 0
I have followed this market for quite a long time. And I see that whenever the BTC increases, it will pull the whole market up. But at 2018 I do not think so. BTC will increase in 2018, but ETH may not increase. The cause of ETH can not be increased due to fraudulent ICO projects.
full member
Activity: 392
Merit: 100
bitcoin has an influence on the market situation because bitcoin has become the king of all coins and all depends on the price of bitcoin, when the price of bitcoin rises, the market will also be better
member
Activity: 420
Merit: 11
DISRUPTING THE $23.5 B SCIENCE PUBLISHING INDUSTRY
yes that is true, because almost all coins depend on the price of bitcoin, so if the price of bitcoin falls then the market will also go down because almost all coins will also go down, but if the price of bitcoin goes up then the market will become crowded because the price of other coins will also rise
newbie
Activity: 215
Merit: 0
I have noticed it when actually the bitcoin price is rising up the cryptomarket also will. Is that because of bitcoin is directly proportional to the other cryptocurrency? so that when bitcoin dumped the other crypto also will dump? Whats your opinion about it?
Yes because all we know that the all markets are base in bitcoin if bitcoin will rise then the market will rise up too but when the bitcoin down the market will down too.

but it needs to be corrected that the increase in altcoin prices is not directly following the rising trend of bitcoin, they will tend to decline very sharply when bitcoin really rallies the market, this is because the concentration of traders who choose to sell their altcoins is only for bitcoin.

An increase in altcoin occurs when bitcoin has entered a correction price and is correct if the assumption is associated with an increase because traders will return to the altcoins they like after gaining profit from btc.
newbie
Activity: 30
Merit: 0
Bitcoin prices are still falling and there is no sign of any increase. The cryptocurrency market is still volatile. I think the change in electronic technology affects all coin.
newbie
Activity: 167
Merit: 0
I have noticed it when actually the bitcoin price is rising up the cryptomarket also will. Is that because of bitcoin is directly proportional to the other cryptocurrency? so that when bitcoin dumped the other crypto also will dump? Whats your opinion about it?
Yes because all we know that the all markets are base in bitcoin if bitcoin will rise then the market will rise up too but when the bitcoin down the market will down too.
newbie
Activity: 98
Merit: 0
The price of most altcoins directly proportional to the price of bitcoin in the crypto market. Bitcoin's value is low now and so is the other cryptocurrencies. When the value of bitcoin increases, then the crypto market will become sweet.   
newbie
Activity: 67
Merit: 0
bitcoin is like a dollar, a reference to other currencies. many altcoins also use the bitcoin platform, so when the price of bitcoin rises, the market will also rise. and when the price of bitcoin falls, the market will also decline. I think all altcoin prices depend on the price of bitcoin. So we don't necessarily escape the influence of bitcoin.
hero member
Activity: 910
Merit: 509
I have noticed it when actually the bitcoin price is rising up the cryptomarket also will. Is that because of bitcoin is directly proportional to the other cryptocurrency? so that when bitcoin dumped the other crypto also will dump? Whats your opinion about it?
what do you mean the market??  I guess it is similar in the physical world market, about the demand,supply and price. But I don't think that if the price of bitcoin drops the altcoin will also drop. I think bitcoin and altcoin is inversely proportion by their price, demand and supply. 
I think the ratio of rise in values of Bitcoin right now is more elaborated in the market and it might grow big shortly. Bitcoin has been down almost all the year so far and that is the reason the crypto market has been not so attractive. Only the speculations about the future values of Bitcoin kept the market crowded and the demand stayed a bit good because of the down prices. Hopefully the market will recover soon because of the inflow of funds into the crypto business due to low cost o investment.
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