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Topic: When bitcoin prices rise up the market also will - page 14. (Read 3379 times)

jr. member
Activity: 126
Merit: 1
all prices can be controlled by bitcoin, if the bitcoin market price rises then the other coins will also go up, I believe bitcoin coins that we have to choose for investing and also bitcoin are still number one.
full member
Activity: 1344
Merit: 103
Yes, it is quite right that Bitcoin acts as the controller of the crypto world. So with Bitcoin, the whole market is up and down. But it is very difficult to say when it will be better or the price of Bitcoin will increase. However, it is expected that soon the whole market situation will be good with bitcoin

Bitcoin is the conductor of the orchestra called the crypto market. When it does not feel well and wants to fall, altcoins follow it. When it is ready to run ahead, tokens do the same.

Yes thats right , bitcoin mostly connected to other altcoins or shitcoins and if bitcoin price is down the market is also in down trend. I think the bitcoin  price will go up again this end the year but its not surely its only prediction. Yes maybe soon the price of whole market are back , be positive everyday .
full member
Activity: 476
Merit: 100
Yes, it is quite right that Bitcoin acts as the controller of the crypto world. So with Bitcoin, the whole market is up and down. But it is very difficult to say when it will be better or the price of Bitcoin will increase. However, it is expected that soon the whole market situation will be good with bitcoin

Bitcoin is the conductor of the orchestra called the crypto market. When it does not feel well and wants to fall, altcoins follow it. When it is ready to run ahead, tokens do the same.
full member
Activity: 334
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?
Bitcoin is considered as the parent in crypto family, as its having highest value among all crypto currencies. But this doesn't mean that btc is directly proportional to other crypto currencies. Although many times, it is observed that as btc rises other alt coins also rise, but this situation does not arise always, sometimes the opposite of this situation is also seen. Ups and Downs in alt coins is due to various market factors , thus alt coins are not directly proportional to btc.
sr. member
Activity: 1232
Merit: 266
> CAMPAIGN MANAGER < https://t.me/TheAndy500
bitcoin is a benchmark for investor interest in cryptocurrency, if the price of bitcoin rises it is likely that the altcoin price will also rise and vice versa.
That sometimes happen but we can't say that this kind of situation happen always, for me we could only speculate that rise of bitcoin will make some other coins to go up but it is not necessery and we need to remember it.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
Prices are close to a bottom and it is hard to keep falling. However, at present, the increase of BTC is not large enough to break the previous pressure level, so the price of counterfeit currency is still in a low state.


Right now we are seeing a very strong decrease in the price of bitcoin of almost 12% in the last 24 hours that should be enough to put to rest the rumors of some kind of fast recovery, believe me that is something I would like too but every time I look at the market my mind tells me that those that are expecting that fast recovery have to be wrong.
jr. member
Activity: 352
Merit: 1
It is obvious to see why the price trend is like that. Bitcoin is the dominant factor in the cryptocurrency market( about 40-45% of the total market capital). And most coin (if not all) depend on it price movement. When bitcoin rises,  market capital increase significantly and altcoins rises too and when bitcoin fall,  others fall too.
full member
Activity: 332
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?

Bitcoin is the biggest and the strongest coin in the market, so every altcoins following for him. It has always been like that and it will be for a long time. Bitcoin drives the price of other coins

when bitcoin rises, the market is rising, but not necessarily for altcoins because sometimes altcoins with bitcoin are quite different, not according to the conditions at that time. so we still have to monitor the altcoin even though the BTC rises
sr. member
Activity: 1106
Merit: 255
Betking.io - Best Bitcoin Casino
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?

Bitcoin is the biggest and the strongest coin in the market, so every altcoins following for him. It has always been like that and it will be for a long time. Bitcoin drives the price of other coins
full member
Activity: 1470
Merit: 108
bitcoin is a benchmark for investor interest in cryptocurrency, if the price of bitcoin rises it is likely that the altcoin price will also rise and vice versa.

That is true but I would like it to change with time :

1) All coins depending on bitcoin prices defeats the purpose of diversification. It s bad for investors.

2) Juts because bitcoin is the first crypto coin, it should not be the number one always. That will stop further updates or improvements which only competition can bring with time.
member
Activity: 141
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?
I think it will also affect other cryptocurrency but not much because the major market of a cryptocurrency type of change is due to the investors in it so it will affect less. Or maybe they are involved in many types of cryptocurrency, which will cause them to increase
newbie
Activity: 182
Merit: 0
Yes, and looking at the Cryptocurrency price chart that means each coin in the Cryptoxurreny between one another is interrelated. cannot be separated between Bitcoin and other coins.
full member
Activity: 462
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?

I think it is actually because bitcoin is considered as the main cryptocurrency, most altcoins are paired with bitcoin. Whenever it rises, usually it does not actually mean that altcoin price will increase, usually during the early phase of recovery altcoin price goes down because most are investing in bitcoin and dumping altcoins.
full member
Activity: 1316
Merit: 104
CitizenFinance.io
It's true that when Bitcoin price rise, the market will also, but not all the time. Base on the market, the recent statistic shows that Bitcoin went up high, but other coins fell. In my opinion, Bitcoin is really the one who's dominant, we can see that it's unaffected when other coins fall, while it affects other coins when its price moves.
newbie
Activity: 81
Merit: 0
Its because Bitcoin is the dominant above all other cryptocurrencies, and traders are almost only familiar with Bitcoin only.
newbie
Activity: 112
Merit: 0
bitcoin is a benchmark for investor interest in cryptocurrency, if the price of bitcoin rises it is likely that the altcoin price will also rise and vice versa.
newbie
Activity: 154
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?

It would be different if all coins were pegged to let's say the dollar but everything is pegged to btc, all the alts can do is look if btc went up or down and adjust the price accordingly.
unfortunately this is not what you think, because the price of bitcoin is down and other coins are coming down, which if we look like following the price of bitcoin.
newbie
Activity: 168
Merit: 0
We all know that the bitcoin is the leader of the board in the market cap and bit oi  is also the reference value of the token and other altcoins in the coin market , so if the bitcoin will rise ,the other altcoins value would also rise ,and when it fall almost all altcoin will aldo be falling.


I think we must remember that not all investors invest in other coins on the market.
Because I think the Crypto Market is dominated by the movement of Bitcoin prices, it might increase other crypto coins, but it doesn't apply to all coins, some even dropped prices when Bitcoin appreciated the price posted on the market.
member
Activity: 350
Merit: 11
that means that bitcoin has a lot of influence on others or maybe bitcoin is the parent, so automatically when bitcoin changes, others change too
newbie
Activity: 32
Merit: 0
Nowadays, i see also Market react are depend BTC movement. Even though, Btc and Eth are both main trading pair to other alt, but Btc are the main of coins, every crypto news will impact to Bitcoin market first and affected to others alt.
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