Bitcoin as we all know is the number 1 cryptocurrency by age and market cap, so it's upward or downward movement can affect other cryptocurrency projects.
I believe so.Since bitcoin dominates all other cryptos,it is not new to us that altcoins are bound to move similar with bitcoins.So if bitcoin starts to move in an increasing,upward trend,then expect that after few days you will observe that altcoins too are increasing their prices too.It just proves how bitcoin has a very strong foundation despite all odds. 
Topic: When bitcoin prices rise up the market also will - page 19. (Read 3361 times)
This is so true. No one doubt in this things. See Bitcoin is the 1st coin of this cryptocurrency world or I should say the most successful and the most popular and powerful coin of this marketplace. Bitcoin achieves this position with lots of struggle. Nowadays all the cryptocurrency market place depends on that.
So it's quite natural that the market will automatically raise when the price of Bitcoin to know more about this marketplace you need to do lots of study about this marketplace then you will clearly understand why these things happen. Otherwise will n Only asking this type of questions why this thing happening and all that. Try 1st to educate yourself as much as possible about this market.
So it's quite natural that the market will automatically raise when the price of Bitcoin to know more about this marketplace you need to do lots of study about this marketplace then you will clearly understand why these things happen. Otherwise will n Only asking this type of questions why this thing happening and all that. Try 1st to educate yourself as much as possible about this market.
Bitcoin as we all know is the number 1 cryptocurrency by age and market cap, so it's upward or downward movement can affect other cryptocurrency projects.
market will depends on bitcoin if the price will go up or down. This instance that we will know about bitcoin which they can manipulate the market price in the industry.
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 is not always the case. Like recently, bitcoin market picked up pretty fast and the altcoins started taking a huge hit immediately. However, it is always easy for the altcoins to go up if bitcoin is in an uptrend consolidating which gives them more room to try some bullish stunts. However, bitcoin market when in a huge uptrend or downtrend affects the altcoin market negatively. 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?
this reason is quite correct. indeed many consider that bitcoin is the main coin in this world, and whereas crypto is under bitcoin so bitcoin as main reference.
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?
The dominance of bitcoin is 48 percent. Of course, other crypto currencies will move together bitcoin. Bitcoin movements recently show a complete correlation with other crypto currencies.
Bitcoin as we all know is the number 1 cryptocurrency by age and market cap, so it's upward or downward movement can affect other cryptocurrency projects.
That's because bitcoin is the parent or head of the digital currency, so if bitcoin goes down the auto altcoin will also come down, and other altcoin nothing can exceed the bitcoin price. Bitcoin is more interested than another altcoin, it does not mean altcoin has no demand, but more on bitcoin. Bitcoin is a coin whose enthusiasts are big.
We all know this thing that bitcoin is the oldest crypto coin and that it has been introduced in the market at time when there was no other crypto coin. In addition to this, it is also the top leading crypto coin since that time and that it has a major hold on the crypto market because of which the market value of different crypto coins gets affected somehow at time when the rate of bitcoin rises or falls down.
Bitcoin is considered the father of all the crypto currency. Therefore, when the price of bitcoins rises, the entire market begins to grow. And vice versa. However, the market is not growing as fast as bitcoin itself.
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?
That is not true when bitcoin raise in $ alternative coins have two scenarios (decrease in bitcoin , bumped in $ ) . So better to stick with the king only (bitcoin) only for awhile regardless to altcoins theory and technologies .
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?
The reason why the market price is pumping up every time bitcoins value is increasing is due to ethereum that is tether to bitcoins which affects the prices of all other cryptocurrency in the market.
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 don't see why Bitcoin will be propotional to other coins. Is it the other cryptos that should be almost propotional in increases/decreases of Bitcoin? I mean investors somehow managed to get to invest in Bitcoin first before they decided to invest in other coins. Like the Bitcoin becomes the tree and the altcoin or any other crypto currencies become the branch of it.
Yes, Bitcoin has the potential to affect the cryptocurrency market and it seems that if it's going to increase or fall, every other currency is affected and proportional to it. Bitcoin is like a quantum that allows other crypto coins to adjust prices so that they are reasonable at the time
Such a correlation can be traced, but this is not a regularity. There are coins that are inversely proportional to the dynamics of Bitcoin. In addition, investors may prefer altcoins and invest in them, while the price of bitcoin will stand still.
Not at this time, bitcoin price shares a lot of dominance in the market.
The market has been opposite to bitcoin last time but now it looks like they are being parented again by bitcoin.
The whole crypto market has been down due to bitcoin being down again.
The market has been opposite to bitcoin last time but now it looks like they are being parented again by bitcoin.
The whole crypto market has been down due to bitcoin being down again.
I think because bitcoin is considered the parent of all crypto and its market. so when the bitcoin price falls, the market also crashes. when bitcoin prices rise, then the market will also go up. at least we believe it when looking at the crypto price chart from year to year and peak at the end of 2017 and early 2018.
Yes, you are right.All crypto is the parent of bitcoin.
When viewed in 2017 then all bitcoin users are very excited. Because the price is soaring. And in 2018 this price goes up and down. But let's continue to support the development of bitcoin to last forever. By adding everyone's confidence to bitcoin, then we have to give the good news. So they continue to support it.
Usually, when bitcoin goes uptrend market, altcoins will then follow mainly because bitcoin and altcoins are very much related with the other.
What contributes to the bear market is due to FUD, negative news from media outlets and the most common is the manipulation of whale investors. Once there will be market adjustment and btc goes to pump, relatively altcoins will then leap high.
What contributes to the bear market is due to FUD, negative news from media outlets and the most common is the manipulation of whale investors. Once there will be market adjustment and btc goes to pump, relatively altcoins will then leap high.
The market has started a new round of decline, and BTC has no way to stop the market from falling! Maybe the bear market can't really be avoided, the bear market is really coming!
Whales control the market and draw the benefits of most people!
Whales control the market and draw the benefits of most people!
Some of my friend talks about that kind of problem same situation last year. That's why that kind of problem is not so new with us. As we notice that the market are nice and green if the bitcoin price will raise up and stable but when the bitcoin price will fall, the market will not good at that time.
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?
this reason is quite correct. indeed many consider that bitcoin is the main coin in this world, and whereas crypto is under bitcoin so bitcoin as main reference.
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