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Bitcoin => Bitcoin Discussion => Topic started by: genocide on August 15, 2017, 01:36:43 AM



Title: How does Bitcoin affect other Crypto?
Post by: genocide on August 15, 2017, 01:36:43 AM
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?


Title: Re: How does Bitcoin affect othet Crypto?
Post by: Mandoy on August 15, 2017, 01:46:20 AM
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?

If you have an idea how forex exchange works then you will have an easy time understanding things. Bitcoin is like the US dollar in forex exchange. Bitcoin is the central currency and has served as a medium of exchange between cryptocurrencies. This implies that in order for us to compute the value of an altcoin we must consider this formula:

1. The value of bitcoin in dollar
2. The price of an altcoin in bitcoin form
3. Multiply the value of bitcoin (1)  to the corresponding bitcoin equivalent or value of the altcoin (2)  then you have the real value of an altcoin.

This implies that the value of an altcoin is dependent on the value of bitcoin in the market.



Title: Re: How does Bitcoin affect othet Crypto?
Post by: klf on August 15, 2017, 01:58:45 AM
Since Bitcoin prices are going up continuously so many traders will pull out their money from other cryptos and start investing in bitcoins that's why we will see altcoin prices will be down when Bitcoin is pumping. But after Bitcoin prices stabilize then we can see the altcoins moving up. But some of the good altcoins like IOTA is still doing good. It was around 0.2 USD couple of weeks back and now price is almost $1. Just need to choose the good altcoin to invest.


Title: Re: How does Bitcoin affect othet Crypto?
Post by: bitcoinmaniac52 on August 15, 2017, 02:43:27 AM
OP you should fix the spelling of the title to "other" it is currently misspelled!

Anyway, historically speaking, altcoins always follow Bitcoin so when they price of altcoins goes up it means likely the price of Bitcoin went up also and usually when Bitcoin crashes then it means altcoins are going to crash too. However this time it seems not all of the altcoins are rising, but probably because there are more now than ever before and not enough people know about them to bother investing when they can just buy Bitcoin and it is a lot safer. Based on that my recommendation is to do your research before investing in altcoins.


Title: Re: How does Bitcoin affect othet Crypto?
Post by: affandi on August 15, 2017, 03:25:54 AM
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?

This happened to me, I saved an altcoin from the ICO results, the first time entering this altcoin market has a stable price, but when the bitcoin price rises ... BOOM, the altcoin falls. This makes me lose. According to my estimates, many investors and traders throw altcoins and transfer their funds to bitcoin. Although not all altcoin has decreased, but there appears to be a bitcoin effect so some altcoin has decreased dramatically.


Title: Re: How does Bitcoin affect othet Crypto?
Post by: panju1 on August 15, 2017, 03:36:53 AM
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?

If you look at the last 3-4 months, the price of alts shot up due to all the uncertainty about scaling in Bitcoin. Now with that resolved, a lot of the money in alts is coming back to Bitcoin. That is why altcoins have been dumped real hard.


Title: Re: How does Bitcoin affect othet Crypto?
Post by: northstarh on August 15, 2017, 03:48:22 AM
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?

If you look at the last 3-4 months, the price of alts shot up due to all the uncertainty about scaling in Bitcoin. Now with that resolved, a lot of the money in alts is coming back to Bitcoin. That is why altcoins have been dumped real hard.

Indeed, although altcoin has the opportunity to compete with bitcoin, they are not strong enough to be comparable to bitcoin. In just a short time, bitcoin has made terrible breakthroughs, it is completely overwhelmed the altcoins.


Title: Re: How does Bitcoin affect othet Crypto?
Post by: genocide on August 15, 2017, 05:02:40 AM
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?

This happened to me, I saved an altcoin from the ICO results, the first time entering this altcoin market has a stable price, but when the bitcoin price rises ... BOOM, the altcoin falls. This makes me lose. According to my estimates, many investors and traders throw altcoins and transfer their funds to bitcoin. Although not all altcoin has decreased, but there appears to be a bitcoin effect so some altcoin has decreased dramatically.

It was a good thing that I have sold all my altcoins before their prices go all the way down. I am still a newbie when it comes to trading, so this is probably a great lesson and experience for me. Of course I am a bit frustrated for the loss of potential profit. I might have lost a little amount of bitcoins that I have invested in altcoins, but since the bitcoin price increased a lot, I could say that I am still on a breakeven.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Rishabh riyz on August 15, 2017, 07:10:09 PM
Since Bitcoin prices are going up continuously so many traders will pull out their money from other cryptos and start investing in bitcoins that's why we will see altcoin prices will be down when Bitcoin is pumping. But after Bitcoin prices stabilize then we can see the altcoins moving up. But some of the good altcoins like IOTA is still doing good. It was around 0.2 USD couple of weeks back and now price is almost $1. Just need to choose the good altcoin to invest.
we know hat bitcoins is first of it's kind .
it is the first digital crypto currency to reach he $4K ,
bitcoins can also be known as the mother of all other crypto currency as the success of bitcoins inspired them to form up .
people see other cryptos as the next bitcoins and buy them with bitcoins a an asset that would increase its price in future , and would give them a great profit .
not just the value of IOTA but the price of ETH  and almost all other cryptos increase . well but this is not always that ETH can gain profit , ETH can also go down so you should look at the stats and records then invests in ETH


Title: Re: How does Bitcoin affect othet Crypto?
Post by: Adbitco on August 15, 2017, 07:18:45 PM
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?

If you look at the last 3-4 months, the price of alts shot up due to all the uncertainty about scaling in Bitcoin. Now with that resolved, a lot of the money in alts is coming back to Bitcoin. That is why altcoins have been dumped real hard.
Yes with segwit activated more of the investors are investing their money in bitcoin rather than in altcoins. There have been people who had predicted this already before August 1 and it's mostly the result of investors regaining their confidence in bitcoin and making huge investment which has also affected altcoins and as a result the drop in altcoins prices.


Title: Re: How does Bitcoin affect othet Crypto?
Post by: Beparanf on August 15, 2017, 07:23:48 PM
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?

If you look at the last 3-4 months, the price of alts shot up due to all the uncertainty about scaling in Bitcoin. Now with that resolved, a lot of the money in alts is coming back to Bitcoin. That is why altcoins have been dumped real hard.
Yes with segwit activated more of the investors are investing their money in bitcoin rather than in altcoins. There have been people who had predicted this already before August 1 and it's mostly the result of investors regaining their confidence in bitcoin and making huge investment which has also affected altcoins and as a result the drop in altcoins prices.

As we see the hype now in btc there's no doubt that btc users were back on trusting btc again. Though alts have still potential on their increase depending on what projext they came from , it's just btc have proven it's ability despite splits and segwits.


Title: Re: How does Bitcoin affect othet Crypto?
Post by: SirLancelot on August 15, 2017, 09:32:33 PM
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?

This happened to me, I saved an altcoin from the ICO results, the first time entering this altcoin market has a stable price, but when the bitcoin price rises ... BOOM, the altcoin falls. This makes me lose. According to my estimates, many investors and traders throw altcoins and transfer their funds to bitcoin. Although not all altcoin has decreased, but there appears to be a bitcoin effect so some altcoin has decreased dramatically.

It was a good thing that I have sold all my altcoins before their prices go all the way down. I am still a newbie when it comes to trading, so this is probably a great lesson and experience for me. Of course I am a bit frustrated for the loss of potential profit. I might have lost a little amount of bitcoins that I have invested in altcoins, but since the bitcoin price increased a lot, I could say that I am still on a breakeven.
You were lucky this time. When you start walking by your own, you will come across many hurdles. But makes your past a lesson not a regret. You will soon recover your little loss. You did not spend any of your bitcoins, so still you have something precious. Do not worry and keep on going. It was a good move to give up on altcoins.


Title: Re: How does Bitcoin affect other Crypto?
Post by: BUK2016 on August 15, 2017, 09:46:16 PM
To me am pretty surprised of what happened when the market value of Bitcoin increases from  $3000 to $4,000 or above, other altcoin were seriously goning down which means the movement of Bitcoin has both positive or negative impact on the altcoin.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Kersh768 on August 15, 2017, 10:20:39 PM
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?
Bitcoin is also a kind of cryptocurrency. I think, if there's a huge inflation in Bitcoin, there'll be deflation to other cryptos such as altcoins. Maybe, it is because of the reason that cryptocurrency value depends on the market's demand. Whenever Bitcoin is being in demand, the opposite will happen in other cryptos.  All cryptocurrency, I think, is volatile, so this happens often.


Title: Re: How does Bitcoin affect othet Crypto?
Post by: lovesybitz on August 16, 2017, 12:07:10 PM
Since Bitcoin prices are going up continuously so many traders will pull out their money from other cryptos and start investing in bitcoins that's why we will see altcoin prices will be down when Bitcoin is pumping. But after Bitcoin prices stabilize then we can see the altcoins moving up. But some of the good altcoins like IOTA is still doing good. It was around 0.2 USD couple of weeks back and now price is almost $1. Just need to choose the good altcoin to invest.
Most of the altcoin if bitcoin is getting higher are dropping there price value, but some altcoin that has a lot of potential also get increase, though some's are Pump and Dump. So better, to be careful of where to invest in, good luck ;)


Title: Re: How does Bitcoin affect other Crypto?
Post by: machinek20 on August 16, 2017, 12:20:22 PM
If you are trading alt coin with bitcoin, then when bitcoin price is going up then alt coin value will go down, that is because you are using bitcoin as the comparison, bitcoin got a huge effect on altcoin


Title: Re: How does Bitcoin affect other Crypto?
Post by: liliiaolivia2017 on August 16, 2017, 12:27:29 PM
The launch of Recoin Bounty took place. 50,000 tokens will be given to participants.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Yuhee on August 16, 2017, 12:45:46 PM
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?
Bitcoin is also a kind of cryptocurrency. I think, if there's a huge inflation in Bitcoin, there'll be deflation to other cryptos such as altcoins. Maybe, it is because of the reason that cryptocurrency value depends on the market's demand. Whenever Bitcoin is being in demand, the opposite will happen in other cryptos.  All cryptocurrency, I think, is volatile, so this happens often.

Well it is the pioneer of the cryptocurrency so i think it wont be just simply be compared to any altcoin. Although all altcoin have there own value on dollar, it is still normal to think how much it could be worth if it is converted to btc. Technically each altcoin has there own pump or dump but they would just increase because of btc but in terms of how much they are worth in dollars does not have any relation with btc.


Title: Re: How does Bitcoin affect other Crypto?
Post by: shine1123 on August 16, 2017, 12:48:16 PM
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?

Of course yes, if you look at the bitcoins price and altcoin price, everytime the bitcoin price increase, most of all altcoin will decrease because most of all altcoin price following bitcoin price but it's okay, when the bitcoin price come back into the normal price or going down, the altcoin price will go up again.


Title: Re: How does Bitcoin affect other Crypto?
Post by: YuginKadoya on August 16, 2017, 12:51:03 PM
The launch of Recoin Bounty took place. 50,000 tokens will be given to participants.


Someone is really advertising his Altcoin here, I really think the possibility that other Altcoins price would went down to drain is because of the rising price of bitcoin and you can really see it happening, just like in the forex industry the main currency is dollar so it all revolve in that currency the exchange of all of it, that is how bitcoin and other altcoin works.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Red-Apple on August 16, 2017, 12:51:10 PM
your observation has been correct. when bitcoin price rises the altcoins drop, and that is the important thing to have in mind. knowing it you can get out of your altcoin investments and then invest back after the bottom was reached in those altcoins.

but also you should remember that at all times there are altcoins that will perform otherwise. like IOTA and NEO in the past week which went up alongside bitcoin.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Anyobsss on August 16, 2017, 01:23:17 PM
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?
Bitcoin's price has constantly increasing lately and it has already reached 4000 USD which we didn't expect sooner to happen. With the sudden rise of value of bitcoin,We can notice that the price of altcoins has seriously been affected. I think I have heard this to one of my professor in Engineering Economy where the value of fiat money increases, the value of goods decreases is called Deflation and According to what I have researched, Deflation can seriously hurt the economy since it will affect the profit of every traders in the market.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Xenrise on August 16, 2017, 01:39:30 PM
Bitcoin as we all know is the main crptocurrency that ever existed and bitcoin is the best among all cryptocurrency that exists in this world. Bitcoin is so related to other cryptocurrency. It is just because that alternative coins or alternative cryptocurrency really depends on bitcoin. In terms of trading. Bitcoin is known for a very good long term investment. And altcoins are just trying to copy that in a sense using another coin for another term of investment.


Title: Re: How does Bitcoin affect other Crypto?
Post by: carlisle1 on August 16, 2017, 01:47:32 PM
Bitcoin as we all know is the main crptocurrency that ever existed and bitcoin is the best among all cryptocurrency that exists in this world. Bitcoin is so related to other cryptocurrency. It is just because that alternative coins or alternative cryptocurrency really depends on bitcoin. In terms of trading. Bitcoin is known for a very good long term investment. And altcoins are just trying to copy that in a sense using another coin for another term of investment.
I agree with that since it was the first to be introduce and become popular bitcoin is the basis of the alts value so whatever things happen inside bitcoin
industry the whole alts system will be affected sometimes or most of the its a contrast reaction, when btc falls alts will rise but when btc jumped up
expect alts to be on its bloody day.


Title: Re: How does Bitcoin affect other Crypto?
Post by: djselery on August 16, 2017, 01:50:23 PM
Bitcoin affect all the other crypto and altcoins for sure, because it is the first and the oldest successful crypto currency, with the biggest community dealing and trading it. So if the Bitcoin's price drop down it will affect the value and prices of the altcoins too


Title: Re: How does Bitcoin affect other Crypto?
Post by: pitiflin on August 16, 2017, 02:21:10 PM
The thing is bitcoin is the very first crypto currency and most of the people trust bitcoin than any other crypto currency. The price of bitcoin increases,other alt coins may increase or remain in the same level, but when bitcoin's price decreases most of the time other altcoins also go down along with it. But this is not likely to happen all the time and the price change between bitcoin and altcoin doesn't happen immediately.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Zuilhsa on August 16, 2017, 02:27:38 PM
Bitcoin is truly the best of all digital currency. The same won't affect the growth of other digital currencies, because bitcoin served to be the base of all digital currencies. Even during the recent price pumping the price move happened as a whole.


Title: Re: How does Bitcoin affect othet Crypto?
Post by: speem28 on August 16, 2017, 02:34:19 PM
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?

This happened to me, I saved an altcoin from the ICO results, the first time entering this altcoin market has a stable price, but when the bitcoin price rises ... BOOM, the altcoin falls. This makes me lose. According to my estimates, many investors and traders throw altcoins and transfer their funds to bitcoin. Although not all altcoin has decreased, but there appears to be a bitcoin effect so some altcoin has decreased dramatically.
If altcoin's price also falls the same with bitcoin, will its price not rise also the same with bitcoin? I mean, we know that bitcoin's price are fluctuating right? for a period of time the price is low and also for a period of time it also high. Is it not the same with altcoins? Can't we wait for the altcoin's price to rise also? like the way, we hold bitcoin for a long time waiting for a good moment for it?


Title: Re: How does Bitcoin affect other Crypto?
Post by: Janation on August 16, 2017, 02:37:14 PM
Bitcoin is truly the best of all digital currency. The same won't affect the growth of other digital currencies, because bitcoin served to be the base of all digital currencies. Even during the recent price pumping the price move happened as a whole.

I think there are some changes that you can't see but that do not affect the growth of other crypto currencies but their prices only.
For example bitcoin make a big pump, we all know that the prices of altcoin depends on bitcoin so when bitcoin pumps, altcoin dumps.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Rinder on August 16, 2017, 02:54:14 PM
Thats easy to understand one thing altcoins are all traded against bitcoin, soo any moove over bitcoin value will push up/down altcoins, some of them are able to follow bitcoin for a while since are based into it, but in the general the trend is to go at opost direction then bitcoin. Bitcoin where and still being the most power crypto and the first, altcoins camed after bitcoin trying to get similiar results and improve some issues that bitcoin could had, nowadays we do see a lot ico wich will be focus into some area, because bitcoin has been present at all, but isnt focus into nothing else besides provide a strong and safe way to moove money.


Title: Re: How does Bitcoin affect other Crypto?
Post by: irsykes on August 16, 2017, 02:55:33 PM
Bitcoin is truly the best of all digital currency. The same won't affect the growth of other digital currencies, because bitcoin served to be the base of all digital currencies. Even during the recent price pumping the price move happened as a whole.

I think there are some changes that you can't see but that do not affect the growth of other crypto currencies but their prices only.
For example bitcoin make a big pump, we all know that the prices of altcoin depends on bitcoin so when bitcoin pumps, altcoin dumps.
that is the relation between bitcoin and altcoin, when bitcoin pumps, some people not want to miss the moment so they sell their altcoins and get bitcoin. that is what make altcoin price dump


Title: Re: How does Bitcoin affect other Crypto?
Post by: severaldetails on August 16, 2017, 02:55:38 PM
Bitcoin is the train you got to be on if you want to increase your fortune without much effort at the moment.
I think that many traders do not do so well at the moment because they have difficulties to find currencies that develope positive in regard to bitcoin.
That makes even the traders leave their money untouched in the bitcoin currency. This decreases the demand for altcoin right now.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Slark on August 16, 2017, 03:39:54 PM
Bitcoin is the original cryptocurrency - every altcoin which was created after share certain similarities to it and is linked to its popularity, price and reception.
The general rule of thumb - when bitcoin is soaring everyone is selling altcoins to jump on the hype train.
When bitcoin is losing, traders are either locating money in altcoins or lose faith in cryptocurrency in general.
So yeah, bitcoin is like the ultimate benchmark for altcoin market.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Kprawn on August 16, 2017, 03:46:58 PM
Usually the price of Alt coins goes down, when the price of Bitcoin goes upward. People sell their Alt coins to buy bitcoins to

capitalize on the spike, because they know it usually jump much higher than Alt coins. This time around the Alt coins went

upwards and downwards quickly... which was strange. Looks like new investors trying to follow the historical trends and

panicked too quickly.  ::)


Title: Re: How does Bitcoin affect other Crypto?
Post by: mobnepal on August 16, 2017, 03:53:53 PM
Usually when bitcoin will pump people will pull out bitcoin from their altcoins so altcoin's price might drop in terms of bitcoin but if you look at their price in fiat than you will realize that their price is quite stable. This might not fit perfectly for every altcoins but usually all crypto in top 10 list by marketcap follows this pattern.


Title: Re: How does Bitcoin affect other Crypto?
Post by: d1ceplayer on August 16, 2017, 07:53:31 PM
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?
Yes, I also noticed that the price of altcoins were getting really, really low. I think that’s because they’re getting dumped as Bitcoin is getting pumped. So that leads to their price decrease, because everyone is rushing into Bitcoin now.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Arkann on August 17, 2017, 03:52:16 AM
Now there are already more than a thousand varieties of crypto currency. The course of the main of them should influence and influence each other. Since bitcoin is the leader of the crypto currency, it is clear that an increase or decrease in its rate affects other crypto currencies.


Title: Re: How does Bitcoin affect other Crypto?
Post by: evader11 on August 17, 2017, 04:06:13 AM
Bitcoin can really affect in other cryptocurrencies if you are in trading because you are converting it into bitcoin so when the price of  bitcoin will increased, the price of altcoin will surely decreased.


Title: Re: How does Bitcoin affect other Crypto?
Post by: pugman on August 17, 2017, 06:49:31 AM
In crypto currency market what you can notice is that when bitcoin's price increases,it becomes harder to invest,so that time people will invest in different alt coins and select the best one which will benefit them the most.And when bitcoin’s price goes down ,people only buy bitcoin and not altcoin because they know that bitcoin’s price will increase definitely but its not the same story for that of altcoins .




Title: Re: How does Bitcoin affect other Crypto?
Post by: SavvyOli on August 17, 2017, 06:54:19 AM
In crypto currency market what you can notice is that when bitcoin's price increases,it becomes harder to invest,so that time people will invest in different alt coins and select the best one which will benefit them the most.And when bitcoin’s price goes down ,people only buy bitcoin and not altcoin because they know that bitcoin’s price will increase definitely but its not the same story for that of altcoins .




this does not seem to hold true for the current day investments in crypto as when bitcoin prices drop, people dont re enter, they find solace in other alternate coins and that pumps the prices of those up.

it is really an inverse relationship apart from the outlier which is neocoin


Title: Re: How does Bitcoin affect other Crypto?
Post by: TonyMark on August 17, 2017, 06:55:57 AM
yes, the cost of Bitcoin does straightforwardly influence the cost of altcoins, and there is normally no count to maintain a strategic distance from this, as the cost of altcoins on trades is generally given as costs in Bitcoin. At that point to change over to USD, the current Bitcoin/USD rate is utilized. Remember that you can simply utilize the bitcoin/altcoin conversion standard rather than the computed USD/altcoin rate since that isn't influenced by the Bitcoin/USD rate.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Hamstead on August 17, 2017, 07:23:44 AM
Bitcoin can really affect in other cryptocurrencies if you are in trading because you are converting it into bitcoin so when the price of  bitcoin will increased, the price of altcoin will surely decreased.
It varies always in the demand and price from the market. Since bitcoin is on top of all cryptocurrencies therefore the other currrencies are in next line. Large number of investors are trading with bitcoin than on altcoins because of its high price and they assure that a big profit will their returns especially if bitcoin still pumping.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Doamader on August 19, 2017, 04:29:49 PM
Thats easy to understand one thing altcoins are all traded against bitcoin, soo any moove over bitcoin value will push up/down altcoins, some of them are able to follow bitcoin for a while since are based into it, but in the general the trend is to go at opost direction then bitcoin. Bitcoin where and still being the most power crypto and the first, altcoins camed after bitcoin trying to get similiar results and improve some issues that bitcoin could had, nowadays we do see a lot ico wich will be focus into some area, because bitcoin has been present at all, but isnt focus into nothing else besides provide a strong and safe way to moove money.


Title: Re: How does Bitcoin affect other Crypto?
Post by: bitcoinmaniac52 on August 22, 2017, 12:01:14 AM
Other cryptos follow in the wake of Bitcoin. If Bitcoin goes up, the major altcoins go up. When Bitcoin goes down, so do the major alts.


Title: Re: How does Bitcoin affect other Crypto?
Post by: crypteris on August 28, 2017, 01:53:01 PM
The way I see it is that throughout autumn, bitcoin price won’t be rising too fast because it has already set new records, and it will need some time to settle. And probably that’s the time for some altcoins to go higher.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Answerme2 on August 28, 2017, 02:27:48 PM
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?
yes it does affect the price of altcoins.It's trading.if you trade btc/eth then if bitcoin rises then eth falls bitcoin acts like father of altcoins.If bitcoin falls most of the other popular alts fall as well.


Title: Re: How does Bitcoin affect other Crypto?
Post by: bitllionaire on September 02, 2017, 11:48:26 PM
The way I see it is that throughout autumn, bitcoin price won’t be rising too fast because it has already set new records, and it will need some time to settle. And probably that’s the time for some altcoins to go higher.
Yes the cost of bitcoin is going high and high slows and steady and one day it will cover all the crypto in the whole world. This will happen just because the use of bitcoin is very easy and comfortable, throughout the whole world and through the internet. And it will also be acceptable throughout the world, for its easiest way of keeping and using. That’s why it will affect the other crypto.


Title: Re: How does Bitcoin affect other Crypto?
Post by: aizen10 on September 03, 2017, 12:56:12 AM
The way I see it is that throughout autumn, bitcoin price won’t be rising too fast because it has already set new records, and it will need some time to settle. And probably that’s the time for some altcoins to go higher.
Yes the cost of bitcoin is going high and high slows and steady and one day it will cover all the crypto in the whole world. This will happen just because the use of bitcoin is very easy and comfortable, throughout the whole world and through the internet. And it will also be acceptable throughout the world, for its easiest way of keeping and using. That’s why it will affect the other crypto.

"one day" you told?  lol .bitcoin already cover all the crypto in the whole word. in a few years it cost a thousands of dollar , from that very fast evolution no one crypto in whole world can get near this bitcoin. so it totally affects the whole alt-coin in the market, like a whale when it moves all the fish around him are rapidly moving from one place to another.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Tron Foundation on September 03, 2017, 05:30:02 AM
I would imagine that because it is the biggest and most prominent cryptocurrency, that it can influence others based on its own movements. I would also think that it can be a commonly used crypto to buy other altcoins - such as buying something like ripple for bitcoin, for example. So it can influence based on movements, but would be involved in lots of other transactions.

There is likely other attributes, but I would think the above would hold some weight.


Title: Re: How does Bitcoin affect other Crypto?
Post by: ivrynx on September 03, 2017, 08:43:45 AM
well first of all, bitcoin already affected all crptocurrencies, even before their ICO, without bitcoin, people would probable no give a chance to cryptocurrency, since bitcoin's effect was good and most bitcoiners are benefiting from bitcoins, those same persons will also go and try other cryptocurrency or altcoins. it is like saying that if you don't understand what bitcoin is and how it is produced, how it gained its value, you will neve understand other alternative cryptocurrency. and that's the first, the acceptance of people regarding cryptocurrency. then the price of other altcoins, right now, we are using bitcoins as the basis for the amount of altcoins since bitcoin can be converted t fiat, and most exchanges will accept bitcoin as payment, that's the second, the price of altcoin will depend on how many bitcoins it is. then lastly i think bitcoin affect other cryptocurrency, when bitcoin goes up or down, since bitcoin is volatile it can affect the price or the volume of trade when it comes to exchanges, your altcoin can be valued at .05 btc at a time or sometime .5 btc, and you can clearly see how much volume is being traded. i think, the first reason simply says it all, if bitcoin hasn't been accepted by masses as digital currency, other altcoins will have difficulty in being accepted.


Title: Re: How does Bitcoin affect other Crypto?
Post by: olubams on September 03, 2017, 09:05:25 AM
Bitcoin is the mother of all cryto-currencies which it's influence will continue to dominate because its a trailblazer and because its acts as the dollar in the international trade business. All exchanges uses bitcoin as the subject of conversion by other alt where their real value is determined on their relative value to bitcoin, so there is nothing that can be done against that.


Title: Re: How does Bitcoin affect othet Crypto?
Post by: wearepoor on September 03, 2017, 09:14:10 AM
Since Bitcoin prices are going up continuously so many traders will pull out their money from other cryptos and start investing in bitcoins that's why we will see altcoin prices will be down when Bitcoin is pumping. But after Bitcoin prices stabilize then we can see the altcoins moving up. But some of the good altcoins like IOTA is still doing good. It was around 0.2 USD couple of weeks back and now price is almost $1. Just need to choose the good altcoin to invest.

Agreed with you, bitcoin does affect the value of alt coins.  When people saw the huge opportunity for making the profit then they just gave up their altcoins and moved towards the bitcoins. But at the same time there is a good opportunity to invest into the selected altcoin who possess good future.


Title: Re: How does Bitcoin affect othet Crypto?
Post by: Altero on September 03, 2017, 09:26:58 AM
Since Bitcoin prices are going up continuously so many traders will pull out their money from other cryptos and start investing in bitcoins that's why we will see altcoin prices will be down when Bitcoin is pumping. But after Bitcoin prices stabilize then we can see the altcoins moving up. But some of the good altcoins like IOTA is still doing good. It was around 0.2 USD couple of weeks back and now price is almost $1. Just need to choose the good altcoin to invest.

Agreed with you, bitcoin does affect the value of alt coins.  When people saw the huge opportunity for making the profit then they just gave up their altcoins and moved towards the bitcoins. But at the same time there is a good opportunity to invest into the selected altcoin who possess good future.
Is just like a competition, Bitcoin compete other cryptocurrencies and because most investors in favored to bitcoin for investment that's why it is on the top now. We know that bitcoin price nowadays could have a huge affect to the altcoins and make them down.But some of investors still stand and believe on altcoins because there is a possibility that it's price will rise again together with bitcoin.


Title: Re: How does Bitcoin affect other Crypto?
Post by: FiiNALiZE on September 03, 2017, 10:54:30 AM
The way I see it is that throughout autumn, bitcoin price won’t be rising too fast because it has already set new records, and it will need some time to settle. And probably that’s the time for some altcoins to go higher.
It doesn't matter what time it is in the day or what day it is, if I look at the charts for certain Altcoins I can see that Bitcoin might've pushed them up or down depending on what happened to Bitcoin.
Everything that is shown on the charts is pretty random, even though there is a bunch of people trying to make their own lines in the trading charts, there is more people trying to make money by guessing what the price of a coin will be compared to the people that are making the price of a coin in the charts.


Title: Re: How does Bitcoin affect other Crypto?
Post by: ReLieD on September 03, 2017, 12:39:16 PM
Of course yes . Forget about currency consider any 2 companies working for the same thing . Like for example mobile phones. Samsung and Apple always have competition between them. Similarly crypto currencies also have competitors between each other


Title: Re: How does Bitcoin affect other Crypto?
Post by: Seansky on September 03, 2017, 12:42:43 PM
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?
Bitcoin price and altcoin price most of the time is related with each other and therefore it affects price of other cryptocurrencies as well but not all the time. When bitcoin price is high, mostly other crypto goes down in terms of price in btc and dumps but this does not happen all the time. Dont think if your investment OP as lost, consider it as an effect of btc high price because people tends to convert to bitcoin when price is this high and then some convert to fiat.


Title: Re: How does Bitcoin affect other Crypto?
Post by: jimn on September 03, 2017, 12:45:05 PM
Bitcoin is supporting the other crypto currencies, because when its price increase, usually the crypto prices increase as well, and more people get involved with them, all the altcoins depend on the Bitcoin's success in fact


Title: Re: How does Bitcoin affect other Crypto?
Post by: pixie85 on September 03, 2017, 01:05:39 PM
Bitcoin is supporting the other crypto currencies, because when its price increase, usually the crypto prices increase as well, and more people get involved with them, all the altcoins depend on the Bitcoin's success in fact
It's sometimes the opposite. When Bitcoin's price increases people sell all their altcoins to join the pump and profit from it. Some coins like Litecoin tend to go up with Bitcoin and some other like BCC that we could say stands on the other side of the barricade goes down when Bitcoin rallies.


Title: Re: How does Bitcoin affect other Crypto?
Post by: bitgolden on September 07, 2017, 12:54:38 PM
The way I see it is that throughout autumn, bitcoin price won’t be rising too fast because it has already set new records, and it will need some time to settle. And probably that’s the time for some altcoins to go higher.
Yes the cost of bitcoin is going high and high slows and steady and one day it will cover all the crypto in the whole world. This will happen just because the use of bitcoin is very easy and comfortable, throughout the whole world and through the internet. And it will also be acceptable throughout the world, for its easiest way of keeping and using. That’s why it will affect the other crypto.

"one day" you told?  lol .bitcoin already cover all the crypto in the whole word. in a few years it cost a thousands of dollar , from that very fast evolution no one crypto in whole world can get near this bitcoin. so it totally affects the whole alt-coin in the market, like a whale when it moves all the fish around him are rapidly moving from one place to another.
Exactly, I also agree with that the price of bitcoin is going up very rapidly, and I think if bitcoin remain the number one crypto digital currency all over the world. the price of one bitcoin must be in the purchasing range of an ordinary person, as now in September 2017, I myself am not in a position to buy even a single bitcoin because of the higher price. Low price and huge investment will affect other crypto.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Solve.Care on September 09, 2017, 05:34:23 PM
It works the same way traditional currencies work. If the price of Bitcoin changes - so are the altcurrencies. If BTC goes up, so are other cryptos.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Rinaze on September 09, 2017, 05:39:20 PM
I would say BTC as the big brother does affect the entire market even if you want or don't want. However, how a certain altcoin could hold up eventually is up to the altcoin! There're altcoin that move up when BTC goes down and we can say the same for via vice.


Title: Re: How does Bitcoin affect other Crypto?
Post by: vvadym on September 15, 2017, 08:31:59 AM
Bitcoin is also a cryptocurrency. The value of crypto depends on market’s demand. If Bitcoin is in demand, the opposite happens in other cryptocurrencies. Just need to choose the good altcoin and be careful of where to invest.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Reez on September 17, 2017, 11:10:56 PM
Bitcoin is the king of all cryptos. With that said, usually is the price goes down the other cryptos, especially major ones will follow.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Pleione527 on September 17, 2017, 11:51:50 PM
As being the head of all crypto currencies I think bitcoin affects other cryptos when it comes to value appreciation it use as the benchmark for the price of many altcoins. Bitcoin is consider the king of all cryptos so when its market is crashing other coins also suffered and when it pump the rest also followed


Title: Re: How does Bitcoin affect other Crypto?
Post by: RyanEncek on September 17, 2017, 11:56:26 PM
Since Bitcoin prices are going up so many traders will pull out their money from other cryptos and start investing in bitcoins that is why we will see altcoin prices will be when Bitcoin is pumping. But after Bitcoin prices stabilize then we can see the altcoins moving up. But some of the good altcoins like IOTA is still doing good. It was around 0.2 USD couple of weeks back and now price is almost $ 1. Just need to choose the good altcoin to invest, so the point is to think before stepping.


Title: Re: How does Bitcoin affect other Crypto?
Post by: otol55 on September 18, 2017, 12:05:44 AM
It is true. Bitcoin price changes affect part of the altcoin price. Why? because Bitcoin is the basis of all altcoin exchanges. as it happens today, the price of Bitcoin is down and some altcoin has decreased in price, they panicked and sold all their altcoin assets to save their Bitcoin.


Title: Re: How does Bitcoin affect other Crypto?
Post by: maku on September 18, 2017, 12:17:12 AM
I am not here to judge which altcoins are good and which were created purely to earn money for their creators.
As most of you said, bitcoin is the benchmark for the whole crypto currency ecosystem, every other altcoin is aspiring to follow Bitcoin's footsteps and become accepted worldwide.
In case of any sort of legal troubles with bitcoin it is almost certain that every single altcoin will be affected by the same fate. This is why altcoins price will be forever bound to BTC's.


Title: Re: How does Bitcoin affect other Crypto?
Post by: leonair on September 18, 2017, 12:20:10 AM
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?

Actually it is much better if Bitcoins goes up because altcoins tend to goes up too but if Bitcoin is in jeopardy and in a down trend all of the other cryptocurrencies is getting low too, Bitcoin is the father of all cryptocurrencies and still most of the altcoins really rely on Bitcoin in able to buy their coins so if Bitcoin's market cap goes low most of them values is also getting down because they are still dependent on Bitcoin.


Title: Re: How does Bitcoin affect other Crypto?
Post by: aldrian09 on September 18, 2017, 12:20:56 AM
Yes bitcoin movement does affect altcoins every time bitcoin goes up most of altcoins goes down because people will tend to sell all their altcoin holdings to have bitcoin to convert into fiat and then they will wait for bitcoin to go down for them to buy plenty of bitcoin and of course since altcoins went down they can buy more altcoins too. Though there are some altcoins that goes up even bitcoin is going up but there are only few of them does that. But few months ago I've witnessed that bitcoin was going down and most of the altcoins are going up so for me we really can't know how the market move its very volatile and its unpredictable.


Title: Re: How does Bitcoin affect other Crypto?
Post by: @maxking on September 18, 2017, 12:40:01 AM
Bitcoin drags along with it others when it dips.

Just like this, bitcoin says, "When I dip, you dip. We dip".

https://media.giphy.com/media/t7uLFW8ulztte/giphy.gif


Title: Re: How does Bitcoin affect other Crypto?
Post by: ngefek berat on September 18, 2017, 01:53:14 AM
there may be no link between the bitcoin price and the other because since the first price is always changing so that we can not expect it with certainty if Altcoin can certainly be used in the search for profit if we often see the movement each exchange for the type of coin.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Zrs on September 18, 2017, 02:06:30 AM
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?

This is broad question.Firstly the simplest answer is the price of bitcoin directly affect the other cryptocurrencies.You have to keep in mind that other cryptocurrencies used bitcoin as exchange rate.That's why if bitcoin price pumps,other cryptocurrencies will be effected and vise versa.so bitcoin has a strong effect in other cryptocurrencies and no chance to avoid it.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Konthol Ngaceng on September 18, 2017, 02:24:47 AM
Bitcoin becomes the basis and reference when trading with altcoin, the effect is certainly great, when the bitcoin price goes up the altcoin price will surely go up.


Title: Re: How does Bitcoin affect other Crypto?
Post by: ethereumhunter on September 18, 2017, 08:01:42 AM
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?

the price of bitcoin affect the price of altcoin. when bitcoin price is up then the altcoin price is down. but as far as i know, not all altcoin is down but there is other altcoin which is up too. but this condition will not forever, there is a time for altcoin to gets up again even if bitcoin price is increase too or in side way. i think that not only you which is lost our investment, there is many people which is loss too.


Title: Re: How does Bitcoin affect other Crypto?
Post by: zulkarnaen on September 18, 2017, 08:33:51 AM
yes not always the rise in bitcoin prices along with the decline in altcoin prices, the fact is that bitcoin prices are increasing even followed by price increases on altcoin, and now the movement of coins in the crypto market is beginning to increase and active


Title: Re: How does Bitcoin affect other Crypto?
Post by: mudasarali43 on September 18, 2017, 09:01:00 AM
Bitcoin effect other altcoins when bitcoin going up peoples think its price will go more and more up and they start to buy bitcoin instead of other coins they start to sell altcoin and buy bitcoin so that's why other cryptos will decrease in effect.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Awnar on October 25, 2017, 08:15:25 AM
Bitcoin directly affects other cryptocurrencies because first those cryptocurrencies depends on how the bitcoins performed and because of it they are also affected if the price of bitcoin went up or fall. its like bitcoin is the center which the other cryptocurrencies are focused on to or layman's term the center of the universe of the crypto market. So if anything happens to bitcoin then expect that it will also have great effect to the other cryptocurrencies that is present in the market.


Title: Re: How does Bitcoin affect other Crypto?
Post by: 1kings on October 25, 2017, 08:36:47 AM
It's the success of bitcointalk that invited the venture into other crypto currencies. If btc had failed, very few people would come near other cryptos. Every other coin are riding on its wave.


Title: Re: How does Bitcoin affect other Crypto?
Post by: crytomusica on October 25, 2017, 09:16:16 AM
It has direct and indirect effects on the alt coins. there are two points to understand, when price goes up is it because crypto currency market is getting value or bitcoin. answer to this question identify the effect.


Title: Re: How does Bitcoin affect other Crypto?
Post by: AverageGlabella on October 25, 2017, 09:19:01 AM
When Bitcoin goes up in price and becomes too expensive for many peoplpe thats when those people start to invest in alt coins.


Title: Re: How does Bitcoin affect other Crypto?
Post by: audaciousbeing on October 25, 2017, 09:21:11 AM
At this time, its really hard to decide which direction they relate with each other because it varies. Sometimes, it shows to be a direct relationship while other times it can come out with inverse relationship. So it actually depends on the time frame the the comparison is being made.

I have seen times when bitcoin is witnessing an increase in price and the whole alt coin market just continue to get pumped as well and the interpretation will all give be that because of the increase in the price of bitcoin. But for some days now even with high increase in the price of bitcoin, alt coin keeps crashing and now that we are seeing some correction in the price of bitcoin, alt coins are not even doing any better.

While there are some alts as well in which their price is not even dependent on what happen to bitcoin price whether high or low.


Title: Re: How does Bitcoin affect other Crypto?
Post by: S A KHAIR on October 30, 2017, 06:41:36 AM
Bitcoin has enough effect on other cryptocurrencies. Bitcoin is the largest used cryptocurrency in the world. A lot of people are using this. Following bitcoin a lot of online coins has been launched. They are doing there business well. Their price is dependent on the price of bitcoin. Because this coins can only be traded through bitcoin. Other cause is the user. The price of bitcoin is increasing at high speed but the other's is not as much as bitcoin. So everyone goes for bitcoin. And the loss of user creates the fall of price.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Victorycoin on October 30, 2017, 07:21:15 AM
When Bitcoin goes up in price and becomes too expensive for many peoplpe thats when those people start to invest in alt coins.
I think it is rather when there's something that possess a threat to Bitcoin that you find people turning to altcoins for safety other than that, Bitcoin remains the best buy. Since Bitcoin is the unit of exchange for altcoins, a stronger Bitcoin usually translates to weaker altcoins, because it would then require much more of an altcoin to get its previous equivalent in Bitcoin.


Title: Re: How does Bitcoin affect other Crypto?
Post by: @maxking on December 24, 2017, 02:59:39 PM
Bitcoin affects other coins in many ways. Sometimes when it goes up or down, it drags along other coins with it. But its problem is it's losing its dominance in the cryptocurrency world. Bitcoin cash is gaining more dominant. Now if this keeps going in, I hope the local bitcoin exchanges in my country would open bitcoin cash convertible to fiat money. It would be great.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Blackhammer321 on January 19, 2018, 11:17:42 AM
Bitcoin is the all time high crypto so it must affect the other coins in terms of demand and the price would also be affected. Let me give you and example of my own understand to it, there is a finite number of users and investors (10) , number who wants bitcoin will be 70% (7) and who invested on altcoins is 30%  (3), the value of bitcoin increases as those who buy altcoins will transfer their money on bitcoin because of the price.


Title: Re: How does Bitcoin affect other Crypto?
Post by: aziie110 on July 08, 2018, 06:08:38 AM
Yes, bitcoin is the king of all other coins and the whole market is controlled by bitcoin when Bitcoin price will move unpredictably than all over the market will move according to the bitcoin and the price of all altcoins beat by bitcoin,



Title: Re: How does Bitcoin affect other Crypto?
Post by: ethereumhunter on July 08, 2018, 07:25:16 AM
and like every people said, when bitcoin price increase, some altcoin price getting down although there is still any altcoin that stable in their price and not following to getting down too. until now, altcoin makes an adjustment with bitcoin price and whenever bitcoin price wants to go, altcoin price will follow the bitcoin movement.


Title: Re: How does Bitcoin affect other Crypto?
Post by: renggileh on July 08, 2018, 07:39:49 AM
To me am pretty surprised of what happened when the market value of Bitcoin increases from  $3000 to $4,000 or above, other altcoin were seriously goning down which means the movement of Bitcoin has both positive or negative impact on the altcoin.
I think bitcoin greatly affects altcoin, when bitcoin prices pump. overall i saw altcoin prices go down.
and when the bitcoin price is stable. all altcoin start to go up. the point is Bitcoin is very influential on the price of altcoin.
Bitcoin is the leader.


Title: Re: How does Bitcoin affect other Crypto?
Post by: 2@abcdeeply on July 08, 2018, 09:00:35 AM
Currently buy unusual altcoin converted to BTC, so the sales deal called BTC will be the currency to buy other altcoins, when the btc price increase or decrease will affect the proportional to the other altcoin.


Title: Re: How does Bitcoin affect other Crypto?
Post by: mary cury on July 08, 2018, 09:28:09 AM
Bitcoin can really affect in other cryptocurrencies if you are in trading because you are converting it into bitcoin so when the price of  bitcoin will increased, the price of altcoin will surely decreased.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Epimetheus on July 08, 2018, 04:46:25 PM
If you are trading alt coin with bitcoin, then when bitcoin price is going up then alt coin value will go down, that is because you are using bitcoin as the comparison, bitcoin got a huge effect on altcoin
Bitcoin affects the Altcoin in various way. Bitcoin is always dominant over Altcoin. Bitcoin is old and experienced crypto currency then that of Altcoin. Bitcoin is accepted in many country in comparison to Altcoin this thing affect price of these cryptocurrency. Bitcoin price is also higher then that of Altcoin and because of this many invest like to invest in bitcoin then that of altcoin. And this thing ultimately affects the price of Altcoin and affects its growth. Another reason is bitcoin has a bigger platform then that of Altcoin.


Title: Re: How does Bitcoin affect other Crypto?
Post by: faith400 on July 21, 2018, 12:05:12 PM
Is because Every major exchange offers BTC trading pairs (where you can trade BTC for alts rather than alts for fiat or USDT). BTC is the top coin being traded for other alts in terms of market cap, volume, and general popularity, it is thus at the center of the crypto economy and has some gravity behind it


Title: Re: How does Bitcoin affect other Crypto?
Post by: Fundalini on July 21, 2018, 12:06:58 PM
Every cryptocurrency is pegged to bitcoin. If for example, 1 coin is equal to 100 sats, then the value of bitcoin in usd increases, that 100 sats would be worth more now.


Title: Re: How does Bitcoin affect other Crypto?
Post by: OV3RLORD on July 21, 2018, 12:08:22 PM
Every cryptocurrency is pegged to bitcoin. If for example, 1 coin is equal to 100 sats, then the value of bitcoin in usd increases, that 100 sats would be worth more now.

Agree, but sometimes here is some weird things.
Like look: bitcoin goes up - altcoins goes up, and then - it starts to flat - but altcoins dont, they go down. Dont know why, but it exists definitely


Title: Re: How does Bitcoin affect other Crypto?
Post by: Snakerist on July 21, 2018, 12:12:54 PM
Bitcoin has great impact on altcoins prices because it is still the most recognized and believed cryptocurrency. So when Bitcoin price raises people sell their altcoins and buy Bitcoin.


Title: Re: How does Bitcoin affect other Crypto?
Post by: gabmen on July 21, 2018, 01:36:32 PM
Every cryptocurrency is pegged to bitcoin. If for example, 1 coin is equal to 100 sats, then the value of bitcoin in usd increases, that 100 sats would be worth more now.

Agree, but sometimes here is some weird things.
Like look: bitcoin goes up - altcoins goes up, and then - it starts to flat - but altcoins dont, they go down. Dont know why, but it exists definitely

Well alts don't entirely rely on bitcoin's movement because they have their own markets with investore and traders as well. In general of course all of them are linked to btc but it doesn't mean that they're movements  will always be influenced by bitcoin.


Title: Re: How does Bitcoin affect other Crypto?
Post by: neite99 on July 21, 2018, 01:47:09 PM
It do affect them directly in any mean. If the price of btc increases than you can see that the price of alts decrease and wait a bit than if btc is still stable the alts increase as well and when decrease the alts don`t wait for anything but get dumped.


Title: Re: How does Bitcoin affect other Crypto?
Post by: susila_bai on July 21, 2018, 02:42:00 PM
Almost everyone is holding other crypto coins to sell in high and earn high in Btc, so when ever their is price increase in btc immediatelly you can see that almost all altcoins will be in red due to all traders start to sell their altcoins and convert it to btc so that they can sell btc in high and reap profit.


Title: Re: How does Bitcoin affect other Crypto?
Post by: kimjongun92 on July 22, 2018, 03:47:43 AM
After bitcoin a lot of online coin was launched. Their price depends on the bitcoin price. Another cause is the user. So everyone goes for bitcoin. I think it is rather when there is something that has a threat to Bitcoin that you find people turning to altcoins for safety other than Bitcoin is still the best buy.


Title: Re: How does Bitcoin affect other Crypto?
Post by: JiuMiBe on July 22, 2018, 03:53:44 AM
At present prices of bitcoin are too high compared to other altcoin coin. So when it goes down, it almost pulls the whole market down with it.


Title: Re: How does Bitcoin affect other Crypto?
Post by: kucritt on July 22, 2018, 04:00:54 AM
bitcoin affect other crypto, because we can see that many crypto is depend on bitcoin, what its mean? its mean that cryptocurrencies that we have always exchange it into bitcoin first before you sell it right? its the reason why if the bitcoin rise up the other cryptocurrencies price is down


Title: Re: How does Bitcoin affect other Crypto?
Post by: Dexion on July 22, 2018, 04:58:05 AM
Of course, bitcoin markets affect the altcoin market, but some altcoins do not get the effect of bitcoin, and that's just a good altcoin.

trading is not easy, you have to be patient, use strategy, do market analysis and analysis every chart.


Title: Re: How does Bitcoin affect other Crypto?
Post by: budarkcyber on July 22, 2018, 05:01:09 AM
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?

Probably because bitcoin is already longer than altcoin, so maybe bitcoin prices will affect altcoin


Title: Re: How does Bitcoin affect other Crypto?
Post by: toreserve on July 22, 2018, 09:46:13 AM
Bitcoin is accepted in many countries as compared to Altcoin, which affects the price of electronic money. And this ultimately affects the price of Altcoin and affects its growth. Bitcoin is the king of all other currencies and the entire market is controlled by bitcoin as Bitcoin prices will move unpredictably over all the markets that will move by bitcoin and the price of all beat altcoins By bitcoin, and like people say, when bitcoin prices increase, some altcoin prices are down although there are still some altcoin that are stable on their prices and not followed to fall.


Title: Re: How does Bitcoin affect other Crypto?
Post by: cposeidon123 on July 22, 2018, 09:48:57 AM
Bitcoin affects them through the bitcoin's market fluctuations it affects other cryptocurrency prices which makes Bitcoin and Altcoins related.


Title: Re: How does Bitcoin affect other Crypto?
Post by: acord00 on July 22, 2018, 09:50:10 AM
Bitcoin affects other crypto currencies with price fluctuations and trust in the community. If the bitcoin price rises then other crypto currency prices also tend to rise but if the bitcoin price decreases then the price of other crypto currency will also decrease. Other than, public confidence in bitcoin is also very important. If the belief in the king alone is high then indirectly the belief of the people also tend to be high. High public confidence in bitcoin will lead to higher confidence in other crypto currencies.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Baronggot on July 22, 2018, 11:39:40 AM
Because of the fact that bitcoin is the base coin that every crypto coin can trade to is an equation that there is a price link between them. For instance, a crypto that has a value of 1 dollar in bitcoin this time can have a value of 1.5 dollars in the next couple of hour as bitcoin's market price rises.


Title: Re: How does Bitcoin affect other Crypto?
Post by: ethereumhunter on July 22, 2018, 12:46:53 PM
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?

do you remember when bitcoin start to rise and finally reach $19k? in that time, almost altcoin is rise too and make the highest price even for the cheap coin price. from this, bitcoin price giving an effect to another crypto because the other crypto is just following where bitcoin wants to go. and if somehow bitcoin is down, then the other coins will down too. and related with the conditions today, bitcoin price is not going to increase higher or lower so it makes the altcoin is not increased higher and lower but some of the altcoins can increase higher and try to back to the highest price.

I think not just that has been lost your investment, many of us have this experience. but one thing that I can suggest is to try to hold your coins until the price can increase higher soon so you can make your profit again.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Vova050898 on July 22, 2018, 12:58:40 PM
I think that altcoins are fully dependent on bitcoin because they are based on it and the fees are carried out on it)))


Title: Re: How does Bitcoin affect other Crypto?
Post by: fernandoclause on August 01, 2018, 07:21:18 AM
Bitcoin May affect the price of other cryptocurrencies because the asset uses bitcoin as the main currency, and with that when bitcoin prices go up, investors automatically sell cryptocurrency to buy bitcoins and make other cryptocurrency prices down.
but if investors remain compact and do not sell cryptocurrency, the price of cryptocurrency automatically rises with bitcoin


Title: Re: How does Bitcoin affect other Crypto?
Post by: A Feeder on August 08, 2018, 04:12:58 PM
Since bitcoin was popular and many people know and use that other crypto was doing step to most enhance their crypto and they compete each other and everytime bitcoin price increase most of all altcoin will decrease because most of all altcoin price following, when the bitcoin price come back into the normal price or going down, the altcoin price will go up again.


Title: Re: How does Bitcoin affect other Crypto?
Post by: *kimcil* on August 08, 2018, 04:34:42 PM
However, Altcoin always follows Bitcoin, and that is the important thing that is in mind. knowing that you can get out of your altcoin investment and then invest again after the bottom is reached in the altcoin.


Title: Re: How does Bitcoin affect other Crypto?
Post by: rindayle on August 08, 2018, 04:45:40 PM
Bitcoin in my opinion strongly influenced at the initial stage of the cryptocurrency market. Now we notice that there are promising young coins, which go up in the fall of bitcoin. Investors have stopped investing a lot in bitcoin. therefore, the dependence on it goes away.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Yantoaja on August 08, 2018, 04:49:58 PM
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?
Many think that way, but the fact is that this kind of correlation is not always the case. There are times when bitcoin prices rise and some altcoins actually decline.
Generally, the main currency in the crypto market is Bitcoin. Although fiat, Ethereum, and Tether currencies are also often used, Bitcoin is still the main currency. In other words, Altcoins tend to be used to fund Bitcoin running, and Bitcoin tends to fund Alt operations. With this relationship, the movement of Bitcoin prices tends to have an effect on the price of Altcoins.
In conclusion, Bitcoin is the economic center of all crypto currency markets. Because the BTC trading partner is on every exchange, the influence of Bitcoin on Altcoins will always be there. So, the correlation is only centered when people start taking profits or cutting losses in Bitcoin, by choosing Altcoins or Fiat (USD, EUR, GBP, etc.) when certain conditions, and vice versa.


Title: Re: How does Bitcoin affect other Crypto?
Post by: sabihanazir on August 08, 2018, 04:50:40 PM
Yes it is happened because bitcoin may affect the price of other cryptocurrencies because the asset uses bitcoin as the main currency. So altcoin always follows bitcoin.When the bitcoin price is low the altcoin price is low and than when the bitcoin price high, the altcoin ptice is also high.


Title: Re: How does Bitcoin affect other Crypto?
Post by: jzale on August 08, 2018, 05:12:26 PM
I think that altcoins are fully dependent on bitcoin because they are based on it and the fees are carried out on it)))

It is not wrong to think that Bitcoin's price increase can also carry out the price increase in altcoins, but you have to consider too some of the instances that triggers the increase of altcoin's prices. The law of supply and demand still can affect each individual altcoin's prices. Also there are factors like good development in the project, more exposure and adaptation of the coin, new features of the coin and etc. When Bitcoin's price increase and all of the altcoins increase then it is an indication of a bullish market which is a healthy situation. There are times when Bitcoin's price is constant but the altcoins are moving up. Sometimes Bitcoin's price goes up but would left the altcoins hanging down. 


Title: Re: How does Bitcoin affect other Crypto?
Post by: faithofb on August 08, 2018, 05:15:21 PM
It will affect bcos most people invested in other crypto bcos they know bitcoin first and they knew that whenever other crypto is affect they equally back to bitcoin. So when bitcoin is down they quickly withdraw back to bitcoin for them to ba able to recover their fund. As such it will be killing others.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Jannatul Shefa on August 08, 2018, 05:25:48 PM
Bitcoin is always a great coin from the beginning. And the other coins follow the bitcoin. So always there's a affect on altcoin because of bitcoin's price. Bitcoin's price up and down affects on altcoin's price.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Abigail Asi on August 08, 2018, 05:27:40 PM
I strongly believe that bitcoin influences the market prices in such a way that when  bitcoin price increases,  the market prices increases. When it decreases,  the market prices also decrease.


Title: Re: How does Bitcoin affect other Crypto?
Post by: DisWhale on August 08, 2018, 05:34:26 PM
Most coins are paired on exchange sites to Bitcoin and as such, in any event when Bitcoin is down, the pairing affect the price of coins paired to it at that moment unless the buyers and sellers on the exchanges correct their buy and sell orders to suit the required dollar price.


Title: Re: How does Bitcoin affect other Crypto?
Post by: KINGCHACHA1 on August 08, 2018, 05:40:23 PM
From all I have observed that bitcoin is the driving of all the alternative coins. If the price of bitcoin raises in the coinmarketcap it will directly affect the price of all other coins.


Title: Re: How does Bitcoin affect other Crypto?
Post by: EEE14 on August 08, 2018, 06:32:51 PM
The manner in which I see it is that all through harvest time, bitcoin cost won't rise too quick since it has effectively set new records, and it will require some an opportunity to settle. What's more, likely that is the ideal opportunity for some altcoins to go higher.


Title: Re: How does Bitcoin affect other Crypto?
Post by: jiryuksan on August 11, 2018, 04:25:36 AM
At present prices of bitcoin are too high compared to other altcoin coin. So when it goes down, it almost pulls the whole market down with it.
The price of Bitcoin remains the driving force of the cryto currency, rising and falling will affect other altcoins. So when a trader will trade, the most important thing is to pay attention and analyze the price of bitcoin, especially negative issues / positive issues or sentiments that can affect crypto prices as a whole.

Bitcoin effects will always affect other altcoins. Traders know about this so they cannot leave the analysis of bitcoin in altcoin trading.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Raja_Salman on August 11, 2018, 04:49:05 AM
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?
in my opinion, from what I know, if bitcoin has decreased or increased all crypto currencies, it has also undergone a change, maybe it can also be said bitcoin can affect the development of other crypto currencies


Title: Re: How does Bitcoin affect other Crypto?
Post by: pinot95 on August 11, 2018, 04:55:40 AM
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?


Yes, bitcoin price influenced the price or value of other cryptocurrencies. When bitcoin price changes the rest of the altcoins will definitely follow whichever direction. Seems all cryptocurrencies was driven by bitcoin price as per observation of the market value. So, bitcoin has a very big effect to all alternative coins.


Title: Re: How does Bitcoin affect other Crypto?
Post by: iotarocket on August 11, 2018, 04:58:33 AM
Bitcoin is the leading cryptocurrency and a standard-bearer, so the general market will tend to follow its movements. Perhaps in the future when the market matures altcoins will move independently of bitcoin, but for the time being bitcoin is king as the most recognizable cryptocurrency.


Title: Re: How does Bitcoin affect other Crypto?
Post by: AnthonyLa on August 11, 2018, 05:06:22 AM
Yes, it can affect other cryptos because all of them are belong to the same currency I mean all of them are crypto currency So, if one fall down its impact automatically fall on others.


Title: Re: How does Bitcoin affect other Crypto?
Post by: erzascarlet_30 on August 11, 2018, 05:21:27 AM
Actually i also want to ask that to everyone that is in to trading. Because everytime bitcoin is going down, there is a red sea on my altcoins and it is really devastating. Although i don't know if bitcoin really affects bigtime to other crypto because when it rises, other coins are still down. Altcoins will still depend on their trading markets and i think that if other traders see that bitcoin is going down, they also sell altcoins that's why everything is down.


Title: Re: How does Bitcoin affect other Crypto?
Post by: josephpogi on August 11, 2018, 05:23:19 AM
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?
i dont know but i think its not all about btc because its all about whales in market and if whales invest a lot of money in bitcoin we will see the dump of altcoins but i dont know why altcoins or crypto is still dumping sure that because of manipulation.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Addywealth on August 11, 2018, 05:32:00 AM
Bitcoin as a cryptocurrency is a mother of all coins while because all other coins are traded against it and the current value of dollar also affects the price. Most coin are paired with bitcoin on exchange sites, the price of bitcoin often affects other cryptocurrency on the market index. Bitcoin is the leading and forerunner of other cryptocurrency.


Title: Re: How does Bitcoin affect other Crypto?
Post by: udidrone on August 11, 2018, 05:35:09 AM
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?
it can because bitcoin is major of all cryptocurrency. and it can affect on altcoin price. but ( my personal opinion ) when bitcoin price and altcoin drop, it almost have same value in fiat. because even we sell in bitcoin that have down price, bitcoin itself increased it is rate


Title: Re: How does Bitcoin affect other Crypto?
Post by: Ahimoth on August 11, 2018, 05:35:40 AM
I think that altcoins are fully dependent on bitcoin because they are based on it and the fees are carried out on it)))

It is not wrong to think that Bitcoin's price increase can also carry out the price increase in altcoins, but you have to consider too some of the instances that triggers the increase of altcoin's prices. The law of supply and demand still can affect each individual altcoin's prices. Also there are factors like good development in the project, more exposure and adaptation of the coin, new features of the coin and etc. When Bitcoin's price increase and all of the altcoins increase then it is an indication of a bullish market which is a healthy situation. There are times when Bitcoin's price is constant but the altcoins are moving up. Sometimes Bitcoin's price goes up but would left the altcoins hanging down. 
Bitcoin can do both good and bad things to other crypto. Actually if the people use bitcoin frequently and more often then they might lose their interest towards other system and it that case bitcoin can do bad things to other crypto. Well on the other hand bitcoin can uplift other crypto when other people found other system to be functional as bitcoin is.


Title: Re: How does Bitcoin affect other Crypto?
Post by: AliMan on August 11, 2018, 05:38:16 AM
I think that altcoins are fully dependent on bitcoin because they are based on it and the fees are carried out on it)))

It is not wrong to think that Bitcoin's price increase can also carry out the price increase in altcoins, but you have to consider too some of the instances that triggers the increase of altcoin's prices. The law of supply and demand still can affect each individual altcoin's prices. Also there are factors like good development in the project, more exposure and adaptation of the coin, new features of the coin and etc. When Bitcoin's price increase and all of the altcoins increase then it is an indication of a bullish market which is a healthy situation. There are times when Bitcoin's price is constant but the altcoins are moving up. Sometimes Bitcoin's price goes up but would left the altcoins hanging down. 
Basically bitcoin can affect other crypto in several ways and I will tell you the two most common. Actually bitcoin can be a competitor to other system and that's bad for them so bitcoin can take over of hem if people choose to love bitcoin. The other thing which is good is that bitcoin can uplift other crypto and carry them when th price is at high level.


Title: Re: How does Bitcoin affect other Crypto?
Post by: thevlox on August 11, 2018, 12:40:27 PM
Bitcoin has already got many contacts all over the world. Now bitcoin is being used in almost all countries. Now the world is internet based, and working on bitcoin is not a difficult task. Because it's a bit easier, the number of users in bitcoin is increasing day by day. And Bitcoin is a big cryptocurrency, it is also above other cryptocurrency gulls, so other currencies depend on bitcoin's price. Depending on the rise of the price bitcoin.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Sandus_Cryptolover on August 11, 2018, 12:46:18 PM
Bitcoin is the universal digital currency that is acceptable for the exchange of goods and services, thus giving it a very good edge in economy. On the launch of different cryptocurrencies, they were and are till tied to Bitcoin, thereby giving Bitcoin supremacy. Therefore Bitcoin controls the market as a whole.


Title: Re: How does Bitcoin affect other Crypto?
Post by: florianuhlemann on August 15, 2018, 08:07:53 AM
the growth of altcoin begins when bitcoin is slightly adjusted. but as soon as a pattern or learn a lot of people, it stops working. so use patterns with caution


Title: Re: How does Bitcoin affect other Crypto?
Post by: darko.bountym on August 15, 2018, 08:13:42 AM
mainly in mentally disappointing :) it was very low and you could make a lot of money. Now nothing from that :D


Title: Re: How does Bitcoin affect other Crypto?
Post by: PRIMEBOSS on August 15, 2018, 08:43:03 AM
Bitcoin affect the whole market because the person who invest in crypto they made portfolio before investment and they have a number of coins to invest in it and crypto started with bitcoin so the market is interconnected .


Title: Re: How does Bitcoin affect other Crypto?
Post by: mejalipat on August 15, 2018, 02:59:22 PM
bitcoin is the king of all coins and many other coins that have prices based on bitcoin so that bitcoin has a big influence on other crypto, when the price of bitcoin falls, almost all crypto also have a low price


Title: Re: How does Bitcoin affect other Crypto?
Post by: CrimBit on August 15, 2018, 03:07:37 PM
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?
There are many possibilities in this regard, but in my estimation all of this follows conditions in the crypto market, many investors and traders throw away altcoins and transfer their funds to bitcoin. Although not all altcoins have decreased, but there seems to be a bitcoin effect so some altcoins have dropped dramatically.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Ricky.Libertarian on August 15, 2018, 03:24:27 PM
I think bitcoin affect other cryptos positively.

When bitcoin is up, other cryptos are also up.

But this it true many altcoins have been overvalued during the last year.


Title: Re: How does Bitcoin affect other Crypto?
Post by: AbduRRozzaqAbduLLah on August 15, 2018, 11:08:45 PM

The success of bitcoin effects all crypto because bitcoin is essentially the crypto reserve currency. Most exchanges require the exchange of bitcoin for other coinsand thus making it a crypto reserve or standard currency

similarly, all cryptocurrencies are first priced on the bases of Bitcoins. For example, 1 Ethereum = 0.8 Btc.

Any change in the value of Bitcoin will automatically change the value of Ethereum and hence,  this is how Bitcoin influence the prices of other cryptocurrencies,


Title: Re: How does Bitcoin affect other Crypto?
Post by: Al-e_x on August 15, 2018, 11:34:20 PM
yes, bitcoin generally affects the value of other altcoins, because bitcoin is the parent of all other altcoins. but some altcoins cannot be affected by bitcoin, stable coin is crypto which does not follow market volatility.

and some altcoins have good development, go down fast and rise quickly, like bitcoin, but the value is very low.


Title: Re: How does Bitcoin affect other Crypto?
Post by: hajimasan on August 18, 2018, 07:11:30 AM
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?
Bitcoin have big impact over the price of the altcoins , usually in the old times we seen that when the oricueof the bitcoin get up then in that case oricueof altcoins get down and vice Versa .
But in the present time same thing happening with another factors also , Many types of negative news making big impact over the mind if ye bitcoiner and that is making them restricted to sell Thier all types of assets and after selling all of Thier altcoins for bitcoin , they sell Thier bitcoin also .
So here a point of Negativity is a big factor which is dumping the whole market of every type of the assets .
Here i will say that we should change our mentilty over the news that are coming and going in the cryptocurrency media news and making himself free from all types of negativity to make ourself full of tension free and easy to make every type of trading  according to us .
Otherwise if we will follow only hype then surely we will not be able to make big earnings easily , everything will happen according to as the Negativity spreader wants .


Title: Re: How does Bitcoin affect other Crypto?
Post by: KimmyF on August 18, 2018, 07:16:08 AM
The Bitcoin plays an important role here in the crypto currency community. Because of the greatness of this crypto currency, more and more people are keep on engaging and the supply and demand to Bitcoinis keep on changes and somehow change the flow of the market price. Moreover, that when the time that the Bitcoin price in the market increases, the altcoin will decrease following  how the Bitcoin price moves in reverse but in the contrary, when he Bitcoin price goes down, the altcoin will boost its price.


Title: Re: How does Bitcoin affect other Crypto?
Post by: qiman on August 18, 2018, 07:21:45 AM
Due to the fact that Bitcoin is pegged against all the other crypto currencies, it has a big effect on the main trend in prices for altcoins. If BTC falls, usually people sell off their alts in order to buy cheap BTC, then BTC goes up and then people sell BTC to buy tether, then btc crashes, altcoins crash more and all those traders in tether then buy all the cheap altcoins and become richer and richer.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Kotone on August 18, 2018, 07:38:33 AM
Due to the fact that Bitcoin is pegged against all the other crypto currencies, it has a big effect on the main trend in prices for altcoins. If BTC falls, usually people sell off their alts in order to buy cheap BTC, then BTC goes up and then people sell BTC to buy tether, then btc crashes, altcoins crash more and all those traders in tether then buy all the cheap altcoins and become richer and richer.
we know that the bitcoin is the leader of all coins. if we compare it to the building. it is like a foundation. we can't create a building if we don't have an good foundation. if there's no bitcoin i don't think that this industry will alive now. because of the bitcoin more people create their coin and others lucky to have an good coins that follow the bitcoin now. it bring big affection in this industry at most in the price


Title: Re: How does Bitcoin affect other Crypto?
Post by: jiniyaakter on September 15, 2018, 01:56:08 PM
Bitcoinis keep on changes and somehow change the flow of the market price. Moreover, that when the time that the Bitcoin price in the market increases.They were and are till tied to Bitcoin, thereby giving Bitcoin supremacy.


Title: Re: How does Bitcoin affect other Crypto?
Post by: alex_gr_cc on September 15, 2018, 02:00:52 PM
Until recently, the altcoins behaved similarly to bitcoin. But now bitcoin is standing still, but the altcoins fell.


Title: Re: How does Bitcoin affect other Crypto?
Post by: nickwen on October 06, 2018, 12:13:45 PM
Bitcoin is the first and most powerful electronic currency. The market is influenced by bitcoin  strongly . Many sharks use bitcoins to manipulate the crypto market. As bitcoin prices increase, the price of altcoins also increasess.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Kusnechik on October 06, 2018, 12:17:41 PM
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?
There are moments in the life of the market, when people lose hope in the use of Altcoins and transfer money to Bitcoin, then its price increases, and their price falls.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Yantoaja on October 06, 2018, 12:27:26 PM
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?

I feel btc also has a big effect on altcoins, as bluechips shares affect second-tier stocks, where altcoins basically will follow the direction of btc movement because for now most people will exchange their altcoins to be btc if they want to sell it, because I think interest in buying btc higher.


Title: Re: How does Bitcoin affect other Crypto?
Post by: bitfocus on October 06, 2018, 01:37:16 PM
the same way USD affects other national currencies around the world :)


Title: Re: How does Bitcoin affect other Crypto?
Post by: fosco333 on October 06, 2018, 03:53:17 PM
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?

Bitcoin will affecting the altcoins because the holders of bitcoin. The holders of bitcoin is already huge, btc was created in 2009, so until now there are many peoples hold bitcoin. The holders of bitcoin can buy any coins using their btc with high liquidity, so btc can easily affect other crypto.


Title: Re: How does Bitcoin affect other Crypto?
Post by: alex_gr_cc on October 06, 2018, 07:03:29 PM
Previously, the altcoins repeated bitcoin movements in accuracy. Recently, a lot has changed. Bitcoin share has grown. Many cryptocurrencies live their own lives, then increase in price, then fall. Bitcoin at this time remains almost stable.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Dirk2017 on October 06, 2018, 07:29:47 PM
Previously, the altcoins repeated bitcoin movements in accuracy. Recently, a lot has changed. Bitcoin share has grown. Many cryptocurrencies live their own lives, then increase in price, then fall. Bitcoin at this time remains almost stable.

Well most of all crypto coins is now depending on bitcoin, if bitcoin moves other crypto will also moves. I think bitcoin is there reference. Most of the coin a good example is ethereum. Ethereum deoends on bitcoin as what i've observed.


Title: Re: How does Bitcoin affect other Crypto?
Post by: kerjakuat on October 06, 2018, 07:33:10 PM
most of bitcoin are paired to bitcoin in the exchanges and most of them rely on bitcoin price in the market. If bitcoin price was pump up then other will follow it also.


Title: Re: How does Bitcoin affect other Crypto?
Post by: blockdragon on October 06, 2018, 08:59:54 PM
as every crypto is traded with btc in general than we consider it as our reserve gold in crypto and whenever it has a change than others price affected as you can buy more or less with your btc.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Ludmilla_rose1995 on October 06, 2018, 09:17:57 PM
I think from the level of valuation and market capitalization, when people see the price of Bitcoin is high, then they will think that other crypto coins will follow, so they buy Altcoin in the hope that the price will be the same as Bitcoin, this is in my opinion...


Title: Re: How does Bitcoin affect other Crypto?
Post by: Minusha on October 06, 2018, 10:11:16 PM
The most cryptocurrencies can be bought only for Bitcoin but not for FIAT, that's why the price of almost every altcoin depends on the price of Bitcoin. I hope in the nearest Future some cryptocurrencies will become more independent from Bitcoin than now.


Title: Re: How does Bitcoin affect other Crypto?
Post by: OSEIBOATENG on October 06, 2018, 10:27:24 PM
BTC really affect other cryptos in such a way that since it was the first coin that was created it has been paired with it so when BTC price goes down those coins too decrease in price on exchange market.


Title: Re: How does Bitcoin affect other Crypto?
Post by: tenakha on October 06, 2018, 10:48:05 PM
I think from the level of valuation and market capitalization, when people see the price of Bitcoin is high, then they will think that other crypto coins will follow, so they buy Altcoin in the hope that the price will be the same as Bitcoin, this is in my opinion...

We can see this opinion as a reason. But the main reason is that most of the coins in the market can't be exchanged directly to USD. Accordingly most altcoins have a Bitcoin calculated price. So first you should buy Bitcoin to getting any token. Thus, the change in the Bitcoin's price causes price changes of altcoins. 


Title: Re: How does Bitcoin affect other Crypto?
Post by: Zainal-baguz on October 06, 2018, 10:51:31 PM
bitcoin greatly affects the price of other cryiptocurrency bro. because if I notice every bitcoin price rises, surely the price of other cryiptocurrency will definitely rise high. along with the rising price of bitcoin


Title: Re: How does Bitcoin affect other Crypto?
Post by: cryptoblazter on October 06, 2018, 11:20:26 PM
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?

Well my answer is Yes! Bitcoin affect other crypto especially when it goes up its price value most altcoins affects by it. though few of the altcoins maintain its value. Maybe because when USD$ value increase bitcoin also increase then, which means as I observed by it bitcoin is dependent of USD value, But I am not sure for this matter, this is was just my observation. While most of the altcoins also dependent on the bitcoin price but they are opposite to their movements.


Title: Re: How does Bitcoin affect other Crypto?
Post by: kvipcn on October 06, 2018, 11:47:01 PM
Most Altcoins are pair to Bitcoin on most exchange platforms. With such pair, an increase or decrease of the price of bitcoin will definitely affect that of the altcoin. Bitcoin is like a standard digital currency to compare altcoins to. A fall in the market price of the standard currency affects all the currencies compared to the standard.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Minhxx on October 07, 2018, 04:37:59 AM
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?
When the capital is invested in Bitcoin, there are following cases
1. Bitcoin fell and altcoin fell, investors sold for USD
2. Investors selling bitcoin to buy altcoin make the altcoin add value
3. Altcoin diminishes and pouring into bitcoin will increase its value

Either way, bitcoins are easily manipulated by people who handle large amounts of bitcoin


Title: Re: How does Bitcoin affect other Crypto?
Post by: sino22 on October 07, 2018, 04:56:36 AM
I think of course this is very influential because bitcoin is the parent of all altcoins, this is just what I think that the price of bitcoin affects the price of altcoins


Title: Re: How does Bitcoin affect other Crypto?
Post by: warning_btc on October 07, 2018, 05:08:36 AM
Most of new moneys come to the crypto wordl trough bitcoin.
Most of alts trades in pair only for bitcoin.


Title: Re: How does Bitcoin affect other Crypto?
Post by: randegibran on October 07, 2018, 05:40:56 AM
in my opinion it depends, but most prices go up based on bitcoin, of course there is a connection because all crypto eyes basically follow bitcoin because the mother of all crypto


Title: Re: How does Bitcoin affect other Crypto?
Post by: cpoer2011 on October 07, 2018, 05:58:15 AM
Bitcoin always and will be affect other cryptocurrency or Altcoins because Bitcoin is the first cryptocurrency and now being the most popular or the no 1 cryptocurrency. Most of the cryptocurrency pair with bitcoin.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Wonderced on October 07, 2018, 05:59:55 AM
maybe many people who scam to other people to purpose affect other crypto many of some that people do anything to affect the people, for that bitcoin as affected other crypto


Title: Re: How does Bitcoin affect other Crypto?
Post by: thankyoulord on October 07, 2018, 06:15:07 AM
bitcoin to me, to a lay man, to majority of the masses is the face of cryptocurrencies. You what happens to branding, where a company's product name takes the face of its category. For instance, people hardly go to stores to ask for 'tooth pastes', rather they say, please can you give me 'close up', close up, because of its marketing strength and strategy, has dominated the category of which it exists on, so this is exactly the same for bitcoin and other cryptocurrencies. And somehow, bitcoins positive or negative impact on the economy affects other coins. If Bitcoin is crashing, somehow, investors match its strength to other coins. You hear people saying, 'umm, if Bitcoin is doing this badly, then this other coin probably might have issues too'. So positively or negatively, I feel this is one of the ways Bitcoin affects other coins.


Title: Re: How does Bitcoin affect other Crypto?
Post by: hsyncl on October 07, 2018, 06:35:26 AM
Bitcoin affects almost all altcoins directly. It can even completely submerge even under small increases or decreases. Therefore, I recommend that you keep a part of your spare part instead of the whole of your btc.


Title: Re: How does Bitcoin affect other Crypto?
Post by: ethereumhunter on October 07, 2018, 10:34:42 AM
Until now, bitcoin still giving effect to another crypto especially if bitcoin increase or decrease, the other crypto will move in the same direction. But sometimes, there is a coin that does not receive the effect of bitcoin and still stays or increases and decreases in anytime. But again, the existing of bitcoin will give the impact to the other coin. We can see the example of this in the last year when bitcoin increase higher, but before bitcoin increase, the altcoin is already increased and push the price to the highest price ever but suddenly, bitcoin price is down too deep, and it makes the altcoin come back to the lowest price again and stay in that price until now.


Title: Re: How does Bitcoin affect other Crypto?
Post by: erifubirugen on October 07, 2018, 10:43:55 AM
I strongly believe that the bitcoin affect in very good way to other cryptocurrencies. The bitcoin is the first and the most strong coin ever. It is the father of all coins. Think about if bitcoin were bubble and it did fade away, that time all the crypto money and the markets would fade too. So the bitcoin is the everything in cryptocurrency business..


Title: Re: How does Bitcoin affect other Crypto?
Post by: stiffbud on October 07, 2018, 06:28:21 PM
To me am pretty surprised of what happened when the market value of Bitcoin increases from  $3000 to $4,000 or above, other altcoin were seriously goning down which means the movement of Bitcoin has both positive or negative impact on the altcoin.
Yes this right bitcoin has both positive and negative feedback affect on altcoins progress and profit. Bitcoin is the heavily used digital decentralised currency. After seeing the benefits of cryptocurrency like bitcoin many people believe on altcoins and start using altcoins like cryptocurrency for their various uses. So this are the positive vibes of bitcoin upon altcoins. Bitcoin market price is higher then that of any altcoin and because of this many like to invest in bitcoin than that of altcoins. Bitcoin is also accepted in many big companies this thing increase bitcoin popularity so this thing negative affect on altcoins user number.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Peashooter on October 07, 2018, 07:14:41 PM
Other cryptos follow in the wake of Bitcoin. If Bitcoin goes up, the major altcoins go up. When Bitcoin goes down, so do the major alts.
It will follows on what happens on bitcoin.  Bitcoin is the king of the cryptocurrency that's why the others coins follows the flow on Bitcoin value in the market.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Jian_Liux on October 07, 2018, 07:25:51 PM
Bitcoin is the first crypto in crypto currency, and became the king of crypto. The highest bitcoin prices are among the other crypto, and every existing crypto always moves in price following the bitcoin price movement. The power of bitcoin is very large and people's trust in bitcoin is very high, so bitcoin can affect other crypto.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Legendari on October 07, 2018, 07:27:39 PM
bitcoin is the king of all coins and many other coins that have prices based on bitcoin so that bitcoin has a big influence on other crypto, when the price of bitcoin falls, almost all crypto also have a low price
I think you're right, but that rule doesn't apply to all coins. Strong coins like monero, dash, Ethereum, ltc do not depend on bitcoin.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Argoo on October 07, 2018, 07:36:51 PM
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?
Of course, the price of bitcoin directly affects the price of all altcoins. Bitcoin is growing, and altcoins are growing in price. Bitcoin drops in price, and altcoins fall accordingly. This is explained by the fact that Bitcoin has a very high level of capitalization and it allows Bitcoin to exercise price dominance over other types of cryptocurrency.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Bugatti73 on October 07, 2018, 08:20:09 PM
In the past year, bitcoin has a very strong influence on the negative cryptocurrency alternatives. When bitcoin grew, the rest of the assets fell.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Crypto one on October 07, 2018, 08:26:43 PM
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?

Yes the crypto ecosystem are tight connected, if one big coin goes on a longer bull run, people sell their other coins they have to take part in the party.  
But after the Bitcoin season comes the altcoins season, so it's not a good idea to sell all your altcoins when this happens.


Title: Re: How does Bitcoin affect other Crypto?
Post by: messito on October 07, 2018, 08:40:06 PM
Altcoins are very dependent on Bitcoin and they react to any of its movements. Altcoins grow when Bitcoin stands still


Title: Re: How does Bitcoin affect other Crypto?
Post by: Korkorjkk on October 07, 2018, 09:10:59 PM
Bitcoin is the first cryptocurrency that exists and that is what regulates the price of crypto. If Bitcoin does not exist, then other crypto currencies does not exist too. If Bitcoin fails, people will lose faith in other cryptocurrencies.


Title: Re: How does Bitcoin affect other Crypto?
Post by: sirojuddin on October 07, 2018, 09:21:20 PM
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?
I do not think BTC affects altcoin, but the BTC has affected many people, so that people hang the altcoin price on the BTC. this is my thinking.


Title: Re: How does Bitcoin affect other Crypto?
Post by: delphic on October 07, 2018, 09:29:31 PM
The price of alternative coins directly depends on bitcoin.Just as the price of the dollar depends on the price of other currencies.The whole question is in the market control.Controls the cryptocurrency bitcoin.


Title: Re: How does Bitcoin affect other Crypto?
Post by: abarbaz on October 07, 2018, 09:42:19 PM
It may be the case that all prices depend on Bitcoin as a best quality level and most trades require the trading of bitcoin for different coins making it like a crypto save money.
Note that on account of the decentralized idea of this cash, the bitcoin cost isn't ordinarily controlled by any organization, association or government. This implies before you attempt to foresee the ascent or fall in the cost of bitcoins.


Title: Re: How does Bitcoin affect other Crypto?
Post by: gowobonyok on October 09, 2018, 01:57:18 AM
bitcoin is the parent of the crypto market, so whoever it is when entering ek crypto market, bitcoin is the first to appear. and that can affect the number of investors who will invest in bitcoin.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Jateng on October 09, 2018, 01:29:48 PM
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?

I am also a crypto trader. I also notice that altcoin price is dependent to bitcoin price. When bitcoin is up , so as altcoin but when bitcoin is down , so as altcoin also. It is connected. Bitcoin is the number one crypto currency. For me it is something like a leader of the troop so wherever or whatever its price, is also the alts price. "follow the leader".


Title: Re: How does Bitcoin affect other Crypto?
Post by: jimskiy on October 09, 2018, 01:46:24 PM
Bitcoin is the main of all altcoin have listed at exchange market, many coin from ico is depend how bitcoin price, when bitcoin is drop many ico have lower price after listing at exchange market and more drop than their ico price.


Title: Re: How does Bitcoin affect other Crypto?
Post by: quandong on October 09, 2018, 02:38:05 PM
On my own observations, the first time we look at the cryptocurrency on CoinMarketCap, we see that as bitcoin prices increase, most altcoins will decrease. Only a few coins increase.


Title: Re: How does Bitcoin affect othet Crypto?
Post by: Lite1992 on October 09, 2018, 02:49:01 PM
Bitcoin affects other cryptocurrencies at the moment globally. That is, the epic continues, when the Altcoins fall down behind Bitcoin, the Bitcoin grows, the Altcoins grow, and so on in a circle. I think you can get out of this circle, but for this you need more investors and development in the blockchain sphere


Title: Re: How does Bitcoin affect other Crypto?
Post by: BlackPanda on October 09, 2018, 02:54:00 PM
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?
Bitcoin has a huge impact on altcoin movements. This can be proven because Bitcoin has such a large effect and when the price of Bitcoin moves, it will automatically make other coin prices change. We cannot release Bitcoin from its big influence, because Bitcoin is the beginning of crypto creation and therefore Bitcoin will always have a big thing that is very influential !!!


Title: Re: How does Bitcoin affect other Crypto?
Post by: ongkok87 on October 09, 2018, 03:15:57 PM
Other cryptos follow in the wake of Bitcoin. If Bitcoin goes up, the major altcoins go up. When Bitcoin goes down, so do the major alts.
It will follows on what happens on bitcoin.  Bitcoin is the king of the cryptocurrency that's why the others coins follows the flow on Bitcoin value in the market.
true because bitcoin is one of the coins that has a large influence on other crypto. because bitcoin is a king of coins that can make other coins go up and down like those that are natural bitcoin


Title: Re: How does Bitcoin affect other Crypto?
Post by: ganjasmokingg on October 09, 2018, 03:27:20 PM
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?
I think the price of bitcoin will greatly affect the other altcoin. Because bitcoin is a leading and highly valued crypto, it makes the people involved in the cryptocurrency market think bitcoin as something to compare to other altcoins. So when the bitcoin price drops, they will also be reduced


Title: Re: How does Bitcoin affect other Crypto?
Post by: #Paul on October 09, 2018, 03:32:45 PM
It doesn't effect any other coin bcoz Bitcoin is at the top from so many years and it can't be beaten
The difference in there values gives the answer...


Title: Re: How does Bitcoin affect other Crypto?
Post by: klien_br on October 09, 2018, 03:34:29 PM
I do not believe that bitcoins affect the price of other coins as well.
It may perhaps happen only if bitcoins start dumping, most of the peoples would have less faith in the cryptocurrencies itself and might start selling their other coins as well.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Madara_Uchiha on October 10, 2018, 10:26:09 AM
The majority of traders are trading crypto-currencies in relation to bitcoin. Therefore, when bitcoin falls, then the rest of the coins in relation to it also fall.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Goodnuel on October 10, 2018, 10:32:43 AM
The bitcoin affects other crypto currencies because bitcoin is the like the central currency of the entire cryptocurrency system... It has more popularity and acceptability. Therefore, values of all other cryptocurrencies are measured against the value of the bitcoin.


Title: Re: How does Bitcoin affect other Crypto?
Post by: RondoAnyar on October 10, 2018, 10:36:56 AM
bitcoin dominates in various exchanges, almost every exchange has bitcoin. besides, bitcoin is still used as one of the good coins for exchange so I think bitcoin will continue to influence other crypto for exchange transaction media


Title: Re: How does Bitcoin affect other Crypto?
Post by: pinoyden on October 10, 2018, 10:44:53 AM
It doesn't effect any other coin bcoz Bitcoin is at the top from so many years and it can't be beaten
The difference in there values gives the answer...

we are talking about the effect of bitcoin to other coins , not the effect of other coins from bitcoin .

Anyway , id say bitcoin affect other coins in terms of demand . bitcoin is verry popular , thats why many people will prefer it other than trying out other coins .

Though other coins is still more better when it comes to other ourposes such as online transactions or for paying/sending money .

So overall , both btc and altcoins are still equal imo because both of them has thier own advantages and disadvantages 


Title: Re: How does Bitcoin affect other Crypto?
Post by: Yaunfitda on October 10, 2018, 10:49:55 PM
I do not believe that bitcoins affect the price of other coins as well.
It may perhaps happen only if bitcoins start dumping, most of the peoples would have less faith in the cryptocurrencies itself and might start selling their other coins as well.

But you have to remember that exchanges are relying on bitcoin as their main trading pairs so it has definitely has some impact on the market of altcoins.

Well we have seen the dumping already from its high to almost $6500, and just look at altcoins, they more than suffered as compare to bitcoin market. Plus, other altcoins holders are shifting to bitcoin to at least mitigate their risk.


Title: Re: How does Bitcoin affect other Crypto?
Post by: mensahkkofie on October 10, 2018, 11:02:52 PM
I think bitcoin has a lot of influences on the other coins or altcoins. I believe almost every altcoin takes inspiration from the success story of bitcoin. This is what I have noticed over the years, so the influence can be directly or indirectly when it comes to the market value of most coins.


Title: Re: How does Bitcoin affect other Crypto?
Post by: kotajikikox on October 10, 2018, 11:23:20 PM
Obviously yes analysts if bitcoin goes dump what will happen to altcoins price is also dump  their price,  look at this recent affect of bitcoin crisis all are suppering because bitcoin are in low value.


Title: Re: How does Bitcoin affect other Crypto?
Post by: jhonvir666 on October 11, 2018, 06:57:04 AM
because bitcoin is called to all people a coin and it has the highest price. a Bitcoin is the parent of all the crypto coins. and the Bitcoin also once passed through a lot of difficulties now and it has acted to survive again until the time comes a bitcoin. but after all the bitcoin will also rise from a crushing crises today and it will also be a success one day. and there are a lot of people who really want to invest in a bitcoin. and Its market today of bitcoin is always solid and successful. so do not worry. Just trust


Title: Re: How does Bitcoin affect other Crypto?
Post by: calandra78 on October 11, 2018, 08:35:33 AM
I do not believe that bitcoins affect the price of other coins as well.
It may perhaps happen only if bitcoins start dumping, most of the peoples would have less faith in the cryptocurrencies itself and might start selling their other coins as well.
in my opinion, bitcoin greatly affects other coin coins. and there is evidence that I can say. when bitcoin goes down all the other coins will go down, etc. because all coins depend on bitcoin


Title: Re: How does Bitcoin affect other Crypto?
Post by: Nelsonmedias11 on October 11, 2018, 10:39:07 AM
Probably Bitcoin affects the up and down values of the Altcoin. As the market fluctuates, people still pay much attention to Bitcoin, its existence and future development.


Title: Re: How does Bitcoin affect other Crypto?
Post by: gurang on October 11, 2018, 11:02:16 AM
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?
because everytime the bitcoin was pumped up the other crypto are affect on it, it was a biggest impact to them because some crypto was falling down


Title: Re: How does Bitcoin affect other Crypto?
Post by: signup01 on October 11, 2018, 11:30:42 AM
If you are trading alt coin with bitcoin, then when bitcoin price is going up then alt coin value will go down, that is because you are using bitcoin as the comparison, bitcoin got a huge effect on altcoin
maybe you are right with your opinion bitcoin might be a pioneer of cryptocurrency and until now the price of bitcoin can be said to be the best and the exchange and movement of centralized trade with bitcoin therefore it can be said bitcoin will be the benchmark of other crypto currencies


Title: Re: How does Bitcoin affect other Crypto?
Post by: walemil on October 11, 2018, 01:26:50 PM
Bitcoin is the first ever cryptocurrency. Some people call it the father of all cryptocurrencies. Every other cryptocurrency is paired with bitcoin for pricing, so bitcoin is a price intermediary between one cryptocurrency and the other. If the price of bitcoin is down, it will definitely reflect on other cryptocurrencies.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Desscount on October 11, 2018, 01:34:44 PM
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?



you can learn it in the marketcap, look at every bitcoin movement whether it's decline and growth always affects the altcoin below it. this is an analysis that you have to do, well in trading you have to know the crypto background that you will trade.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Sab11 on October 11, 2018, 01:39:59 PM
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?
yeah thats the nature of altcoin because when the bitcoin price increasing many investors selling thier altcoin then starting buy bitcoin to earn profit, and when the bitcoin is decreasing the price of altcoin is decreasing and we cant do nothing about that because all of altcoin is in bitcoin platform.


Title: Re: How does Bitcoin affect other Crypto?
Post by: brotherwood12 on October 11, 2018, 02:52:51 PM
i think because bitcoin was the leader of cryptocurrency so if bitcoin was crash or drop , that affect to another coin cz they all panic


Title: Re: How does Bitcoin affect other Crypto?
Post by: sneeze11 on October 11, 2018, 03:26:48 PM
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?
Most of the altcoin are paired with bitcoin so that if the price of bitcoin goes up or down it will really affect the price of altcoin. But, some altcoin are not paired with bitcoin so that there are time the price of bitcoin is high and some altcoin are low. I think the price of bitcoin will determine if the price of altcoin will go up or down.


Title: Re: How does Bitcoin affect other Crypto?
Post by: ngalamunan on October 11, 2018, 03:39:36 PM
It doesn't effect any other coin bcoz Bitcoin is at the top from so many years and it can't be beaten
The difference in there values gives the answer...
in my opinion, bitcoin affects other coins is the price of bitcoin that always goes down which affects other coin coins.


Title: Re: How does Bitcoin affect other Crypto?
Post by: mcabrito on October 11, 2018, 03:55:40 PM
It doesn't effect any other coin bcoz Bitcoin is at the top from so many years and it can't be beaten
The difference in there values gives the answer...
in my opinion, bitcoin affects other coins is the price of bitcoin that always goes down which affects other coin coins.

Yes, because bitcoin is the basis of market price, of bitcoin is down then the market is down too. This is the reason why a lot of us is hoping for the bitcoin to rise again.


Title: Re: How does Bitcoin affect other Crypto?
Post by: AAKODI on October 11, 2018, 04:10:41 PM
I do not believe that bitcoins affect the price of other coins as well.
It may perhaps happen only if bitcoins start dumping, most of the peoples would have less faith in the cryptocurrencies itself and might start selling their other coins as well.

I agree with you because most traders who buy cryptocurrencies and trade main ambition is to buy bitcoin with there earnings at the end because it is natural for any one to select a more demanding currency over other when considering long term investments which seems like a common practice these days and also there are lot of scams among cryptocurrency projects and many investors are afraid to put there money on them which is totally different in bitcoin investments so most of the time cryptocurrency prices can fall in these situations


Title: Re: How does Bitcoin affect other Crypto?
Post by: iv4n on October 11, 2018, 04:13:58 PM
I do not believe that bitcoins affect the price of other coins as well.
It may perhaps happen only if bitcoins start dumping, most of the peoples would have less faith in the cryptocurrencies itself and might start selling their other coins as well.

I agree with you because most traders who buy cryptocurrencies and trade main ambition is to buy bitcoin with there earnings at the end because it is natural for any one to select a more demanding currency over other when considering long term investments which seems like a common practice these days and also there are lot of scams among cryptocurrency projects and many investors are afraid to put there money on them which is totally different in bitcoin investments so most of the time cryptocurrency prices can fall in these situations

Bitcoin doesn`t affect other coins, every coins is for itself, separate chains, explorers. Bitcoin can be a trading pair with some coin, but it`s just a pair, you can use bitcoin to buy other coins and vice versa. Before there wasn`t so big choice of pairs, now in 2018 you can just pairs with ethereum, and other coins, not just with bitcoin. Maybe bitcoin was a gold standard before, but those days are coming to an end. There is one point, when bitcoin start to go down, its starting a lot of panic among all other coins, and people start to dump what they have and market decline. People simply think if bitcoin is going down, all others will follow.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Hawker on October 11, 2018, 04:18:48 PM
It doesn't effect any other coin bcoz Bitcoin is at the top from so many years and it can't be beaten
The difference in there values gives the answer...
in my opinion, bitcoin affects other coins is the price of bitcoin that always goes down which affects other coin coins.

Yes, because bitcoin is the basis of market price, of bitcoin is down then the market is down too. This is the reason why a lot of us is hoping for the bitcoin to rise again.

it's very simple. when bitcoin falls every other coins will fall too.. because bitcoin is the main pair with every coin in trading... users are using bitcoin to trade the coins. so when value of bitcoin drop other coins drop their value as well..
I think other coins drop more in % than bitcoin... I don't see any coin independence from bitcoin so far.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Daniel91 on October 11, 2018, 04:24:33 PM
It doesn't effect any other coin bcoz Bitcoin is at the top from so many years and it can't be beaten
The difference in there values gives the answer...
in my opinion, bitcoin affects other coins is the price of bitcoin that always goes down which affects other coin coins.

Yes, because bitcoin is the basis of market price, of bitcoin is down then the market is down too. This is the reason why a lot of us is hoping for the bitcoin to rise again.

it's very simple. when bitcoin falls every other coins will fall too.. because bitcoin is the main pair with every coin in trading... users are using bitcoin to trade the coins. so when value of bitcoin drop other coins drop their value as well..
I think other coins drop more in % than bitcoin... I don't see any coin independence from bitcoin so far.

It's my experience to.
I have bitcoin but also invested in  some other crypto and pattern is always the same.
When btc price going up, other crypto value also going up, sometimes even faster.
When btc price going down, other coins price drop, ussually more than bitcoin.


Title: Re: How does Bitcoin affect other Crypto?
Post by: justsimpleram on October 11, 2018, 04:26:39 PM
In my own opinion many altcoins is depending on bitcoin because as you can see when bitcoin price goes down many altcoins price is going down too and when bitcoin pump up many altcoins goes up too. This is just my opinion because I just seeing it and experiencing it now, many of my holdings goes down as well when the bitcoin price goes down so I'm gonna wait to the bull run and I will just hold it for now.


Title: Re: How does Bitcoin affect other Crypto?
Post by: samuraijin on October 11, 2018, 04:39:49 PM
Of course it goes back to each of us how they can withstand the issue that makes most people panic and finally make a lot of the price on the market falls irregularly, which I know is that there are many people so that many people throw away their Crypto, so that their income is visible safe from the results of their investment ...


Title: Re: How does Bitcoin affect other Crypto?
Post by: Rafiqul on October 11, 2018, 05:14:34 PM
In my opinion, Bitcoin controls the whole crypto world. It influences the market price. When bitcoin price rises, the market price rises. When it price fall, the market price fall. Indeed the whole crypto world depends on  bitcoin.


Title: Re: How does Bitcoin affect other Crypto?
Post by: ynclksnr321 on October 11, 2018, 05:46:14 PM
In fact, rather than the impact of btc, other coins due to the decrease or increase of investments in the btc are affected too much. I don't think there's a way to go through this now.


Title: Re: How does Bitcoin affect other Crypto?
Post by: NEERAJ ANAND on October 11, 2018, 06:13:06 PM
The bitcoin has a huge effect on the whole market as every coin follow bitcoin trend and whichever direction it moves, mostly all coins start moving in that direction, whether it is a possible or negative trend.


Title: Re: How does Bitcoin affect other Crypto?
Post by: bitcoins94 on October 11, 2018, 06:25:24 PM
I don't think bitcoin is affecting AML BitCoin. AML BitCoin rests on a privately regulated public blockchain that facilitates AML-KYC compliance and identifies criminals associated with illicit transactions while maintaining and strengthening the privacy protections for legitimate users.


Title: Re: How does Bitcoin affect other Crypto?
Post by: MarkCook777 on October 11, 2018, 06:28:25 PM
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?

judging by the market trade, when Bitcoin falls, the rest of the cryptocurrency falls in value


Title: Re: How does Bitcoin affect other Crypto?
Post by: Caxton10 on October 11, 2018, 07:48:59 PM
That is the general belief but I've seen coins which goes up whilst bitcoin is going down. What I'm not certain about is if these rising price of these coins is as a result of pumping.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Anyobsss on October 11, 2018, 07:54:26 PM
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?
Bitcoin Dominates Market so, prices of other coins depends on it and if it's in down trend the other coins will follow and vice versa.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Deshauna on October 11, 2018, 07:58:21 PM
The flow of demand of bitcoin would greatly affect the price of other cryptocurrencies sinc the basis of the prices mostly depends not just on the demand and people using the cryptocurrency but also the base of all the cryptocurrencies would be the real bitcoin which is in todays prices are really high


Title: Re: How does Bitcoin affect other Crypto?
Post by: malah on October 12, 2018, 07:52:54 AM
the price of bitcoin affects the price of altcoins because when the price of bitcoin rises, many sell altcoins and buy bitcoin so that the price of bitcoin will continue to rise while the price of altcoins will decrease, but not all altcoins are affected by the price of bitcoin, so I think that depends on investors and the development of the coin


Title: Re: How does Bitcoin affect other Crypto?
Post by: alternatyomega on October 12, 2018, 08:32:14 AM
So far, Bitcoin has been a source of inspiration for the creation of many  Altcoin other, and it always kept the crown on the Coinmarketcap chart.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Dominic_Johnson on October 12, 2018, 08:41:20 AM
Looking past the price, my experience is that people who aren't familiar with the area assume that they are one and the same and that other cryptos do actually exist. Bitcoin affects the way people perceive other cryptos too, once they know they are different things


Title: Re: How does Bitcoin affect other Crypto?
Post by: trauchot on October 12, 2018, 08:46:01 AM
Everything is simple, most cryptocurrencies can not get anywhere without bitcoin, it can be clearly seen by the cryptocurrency market itself, when cryptocurrency falls or grows, also half of the new alts use bitcoin technology, so without a bitcoin, cryptocurrency world it would be difficult to exist at the moment.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Dadaro on October 12, 2018, 01:28:38 PM
most of the cryptocurrencies are directly proportional to the price of bitcoin. when I trade new altcoin one of the first things I looked up on is the previous price if it has a directly proportional to bitcoin price.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Joshua101101 on October 12, 2018, 01:33:25 PM
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?
Now as I see it, many hid under this date and took a wait-and-see position. On the one hand, and now the price is acceptable for the purchase, so that may have a positive impact on your balance sheet.


Title: Re: How does Bitcoin affect other Crypto?
Post by: jerrison on October 12, 2018, 01:39:27 PM
in a direct or indirect relationship, bitcoin happens the be the final trading pair of all other cryptocurrencies and that is the great part where it has its grips on the crypto space, because if other crypto has to trade the bitcoin pair then what ever happens to the bitcoin price is also reflected in the alternative crypto currency.


Title: Re: How does Bitcoin affect other Crypto?
Post by: criket on October 12, 2018, 01:40:33 PM
very simple I think, bitcoin is the only crypto that has very expensive value, and has a large market community. all can imagine, if all those who hold bitcoin sell their bitcoin together in the market, surely what happens is a dump, and that can all have an impact on other crypto because bitcoin has the power to move the market. some crypto also rely on bitcoin as its exchange rate, if bitcoin goes down, surely other crypto will go down, and vice versa.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Tangow3 on October 12, 2018, 01:47:18 PM
bitcoin dominates in various exchanges, almost every exchange has bitcoin. besides, bitcoin is still used as one of the good coins for exchange so I think bitcoin will continue to influence other crypto for exchange transaction media


Title: Re: How does Bitcoin affect other Crypto?
Post by: adpinbr on October 12, 2018, 02:15:24 PM
when the bitcoin value is low usually people who invest in altcoins takes advantage of this to promote their own alternative coins and attract more users to use their altcoin.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Cassy14 on October 12, 2018, 02:18:24 PM
Bitcoin has big effect in alternative coins.
The value of bitcoin in USD will determine the value of tokens in the market with USD.
This is happening for a long time until now.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Jansaa on October 12, 2018, 02:23:39 PM
Most of the altcoin are using bitcoin to value it with USD, so in the short term, Bitcoin price will greatly affect the price of altcoin!


Title: Re: How does Bitcoin affect other Crypto?
Post by: distr@yopmail.com on October 12, 2018, 02:28:20 PM
Most of the altcoin are using bitcoin to value it with USD, so in the short term, Bitcoin price will greatly affect the price of altcoin!
When viewed as bitcoin is a coin that has the most expensive value, that makes the bitcoin price movement on the market can affect crypto prices because most crypto make bitcoin a measure of the selling value of many crypto. including eth, which is now also down, I think because the effects of bitcoin are down and then move the crypto market.


Title: Re: How does Bitcoin affect other Crypto?
Post by: ishinn99 on October 12, 2018, 02:41:04 PM
Most of the altcoin are using bitcoin to value it with USD, so in the short term, Bitcoin price will greatly affect the price of altcoin!

This is the easiest way to explain why bitcoin affects the other price of cryptos, because bitcoin is the basis of the value of the market and when bitcoin is down all cryptos price are down too.


Title: Re: How does Bitcoin affect other Crypto?
Post by: SarahAfiah on October 12, 2018, 02:59:05 PM
Most of the altcoin are using bitcoin to value it with USD, so in the short term, Bitcoin price will greatly affect the price of altcoin!

This is the easiest way to explain why bitcoin affects the other price of cryptos, because bitcoin is the basis of the value of the market and when bitcoin is down all cryptos price are down too.
yes that's why bitcoin is like a dollar for give affect to all altcoin. when all the dollar rises, all prices of goods or whatever will go up and if it goes down then everything will go down. Bitcoin has its own law in the crypto world and is regulated by the market situation


Title: Re: How does Bitcoin affect other Crypto?
Post by: eann014 on October 12, 2018, 03:06:04 PM
Bitcoin cam affect other cryptos price, in my observation, last year bitcoin is uptrend then some altcoins price also increases its price just like bitcoin, then when bitcoin drops hard, other coins also drops and it also drop hard at the same time.


Title: Re: How does Bitcoin affect other Crypto?
Post by: bitalk1 on October 12, 2018, 03:12:26 PM
In my opinion, bitcoin affects everything, and that everything is not done is poured into it for storage for a long time.


Title: Re: How does Bitcoin affect other Crypto?
Post by: casternetwork on October 12, 2018, 03:13:43 PM
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?
it has a effect, bitcoin has the photo to be very large with the altcoins. when the price of the bitcoin incremented, the price of the altcoins will be shrinked because the bitcoin like the currency centre of the global system prefix.



Title: Re: How does Bitcoin affect other Crypto?
Post by: yurekaa on October 12, 2018, 03:50:49 PM
bitcoin is the first crypto currency in the world. so bitcoin greatly influences the price movement of all coins in the market. all coins in the market are affected by supply and demand. and the crypto currency is strongly influenced by global economic conditions. so that the impact of these events will affect all crypto currencies.


Title: Re: How does Bitcoin affect other Crypto?
Post by: adzino on October 12, 2018, 10:41:12 PM
The price of bitcoin and other alt cons are somewhat strongly related to each other. Moreover, you might see that when the price of bitcoin is increasing, the price of altcoins do not grow at the same rate. This is because most of the time the value of an altcoin is measured using bitcoin. You will see in most of the exchanges that the altcoin and btc pairs are quite common. That is bitcoin is a way for them to buy those altcoins. So, when the price of bitcoin increases, we see that people sell off their altcoins for bitcoin. Thus the price of altcoins starts to drop when bitcoin rises.


Title: Re: How does Bitcoin affect other Crypto?
Post by: redsap on October 12, 2018, 10:50:08 PM
we know that bitcoin is like a mother of all crypto, the system are created because bitcoin is the first in crypto and bitcoin are using natural flow by its own, all of them are reacted because people are holding much in bitcoin and the needed is still much in bitcoin, thats why that bring every crypto price moving


Title: Re: How does Bitcoin affect other Crypto?
Post by: CrazeCoinz on October 12, 2018, 10:55:24 PM
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?

This will depends on the altcoins as those with good product can stay with their rage and not affected with the rally of bitcoin. Although the trend will still bitcoin had the control of crypto prices as those exchange use bitcoin for their pairing. You should invest only on those altcoin that has real product during a bearish market.


Title: Re: How does Bitcoin affect other Crypto?
Post by: dlhezter on October 12, 2018, 11:55:59 PM
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?
Now as I see it, many hid under this date and took a wait-and-see position. On the one hand, and now the price is acceptable for the purchase, so that may have a positive impact on your balance sheet.

I think Bitcoin doesn't directly affect the other crypto in a sense that some of the crypto currency has its own platform and can stand alone without the help of any crypto currency, But some Crypto are affected by the decrease of value in Bitcoin, Some users said that Bitcoin is the core for other crypto currency when it is not.


Title: Re: How does Bitcoin affect other Crypto?
Post by: jamids on October 13, 2018, 12:14:01 AM
most of the cryptocurrencies are directly proportional to the price of bitcoin. when I trade new altcoin one of the first things I looked up on is the previous price if it has a directly proportional to bitcoin price.

Yes, it is a good reference to take a look at the "driver" of the market price so that you will have an idea as to what will possibly happen to the coin you are trading if bitcoin makes some rapid movements. I think it would also be an advantage if you will take a look at those coins that are not seemingly affected when bitcoin makes some rapid movements because they would be not dependent on it and then you can analyze its own movement and make it as a hedge in case bitcoin isn't doing well.


Title: Re: How does Bitcoin affect other Crypto?
Post by: deppil on October 13, 2018, 01:02:01 AM
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?
Now as I see it, many hid under this date and took a wait-and-see position. On the one hand, and now the price is acceptable for the purchase, so that may have a positive impact on your balance sheet.
This is the logic dude. bitcoin is a cryptocurrency with the biggest marketcap almost all altcoin users use and invest in bitcoin also.
if something happens to bitcoin market it will certainly be very influential on the whole cryptocurrency market, understand what I mean?


Title: Re: How does Bitcoin affect other Crypto?
Post by: Dimas99 on October 13, 2018, 03:43:25 AM
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?
possible influence, because in my opinion bitcoin is a benchmark of all cryptocurrencies because maybe bitcoin is a pioneer of cryptocurrencies and even today the most prices and investors in bitcoin will but all can and maybe there is a bigger currency influence and value for bitcoin no one can confirm it all


Title: Re: How does Bitcoin affect other Crypto?
Post by: Lazada on October 13, 2018, 04:00:21 AM
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?
Bitcoin has a tremendous impact on other crypto movements. This is because Bitcoin has such a great power. The value and movement of bitcoin will definitely change the price of altcoins. This is something that cannot be avoided. As long as Bitcoin becomes a financial system that has a very large market share, Bitcoin will have the majority of the power available.


Title: Re: How does Bitcoin affect other Crypto?
Post by: cahbagus555 on October 13, 2018, 05:15:42 AM
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?

As main currency in cryptocurrency market and as main pair in any exchanger, bitcoin price affecting altcoin price. If bitcoin price drops againts dollar, most altcoin drop againts dollar too because most altcoin pairs with bitcoin


Title: Re: How does Bitcoin affect other Crypto?
Post by: beliomir on October 13, 2018, 05:20:29 AM
All Altcoins follow Bitcoin, only stronger. If bitcoin drops by 2% then altcoin by 10%


Title: Re: How does Bitcoin affect other Crypto?
Post by: thenameisjay on October 13, 2018, 05:46:47 AM
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?

Probably yes. I think some exchanges settle for a bitcoin to alt coin trading scheme and not other alt coins. The price would usually spike for bitcoins and this will be in favor for bitcoins since the price movenent will be as active as the alt coins being sold.


Title: Re: How does Bitcoin affect other Crypto?
Post by: adpinbr on October 13, 2018, 06:25:27 AM
BTC affects other crypto by a big margin, though it doesn't affect other cryptos wholefully, because these cryptos can actually stand on their own, but if Bitcoin goes down, some cryptos follow the movement of what BTC is having, it somewhat says that if BTC goes up, the others go up too , but no that is not true, maybe sometimes it is just a mere coincidence.


Title: Re: How does Bitcoin affect other Crypto?
Post by: GirlBitcoin on October 13, 2018, 06:37:05 AM
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?
In my opinion, all manipulative organizations have intruded into all the altcoins to manipulate the entire market. They are an underground organization and always have the strategy to make money from small traders like us. When bitcoin goes down, the whole market goes down, it's a sign of strong manipulation.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Daniwahyu007 on October 13, 2018, 06:53:25 AM
BTC affects other crypto by a big margin, though it doesn't affect other cryptos wholefully, because these cryptos can actually stand on their own, but if Bitcoin goes down, some cryptos follow the movement of what BTC is having, it somewhat says that if BTC goes up, the others go up too , but no that is not true, maybe sometimes it is just a mere coincidence.
That's right, but most altcoins follow bitcoin if bitcoin goes down altcoins down too, even though it's not all like that, but if we look at what happened like that, what is bitcoin for mothers of all crypto currencies?


Title: Re: How does Bitcoin affect other Crypto?
Post by: babykajima on October 13, 2018, 07:01:54 AM
Bitcoin is growing and investors are primarily heavily in it instead of the Altcoin investment other. Investors strongly believe in bitcoin, which leads to lower Altcoin prices when Bitcoin is injected.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Vickyrichy on October 13, 2018, 07:02:33 AM
Bitcoin has a lot of effects on other cryptocurrencies. Before the launch of any coin, investors are mostly only allowed to purchase the coin with bitcoin during both the pre-sale and ICO. Once Bitcoin is used as the currency to buy this coin, any reduction or increase in the price of bitcoin has direct impact on this coin. Bitcoin serves as the standard digital currency used to rate the price of any altcoins.


Title: Re: How does Bitcoin affect other Crypto?
Post by: zubrr51 on October 13, 2018, 07:05:37 AM
The price of Bitcoin from the start affected the price of altcoins. While this trend continues to this day.


Title: Re: How does Bitcoin affect other Crypto?
Post by: abhi777 on October 13, 2018, 09:14:50 AM
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?
Now as I see it, many hid under this date and took a wait-and-see position. On the one hand, and now the price is acceptable for the purchase, so that may have a positive impact on your balance sheet.
This is the logic dude. bitcoin is a cryptocurrency with the biggest marketcap almost all altcoin users use and invest in bitcoin also.
if something happens to bitcoin market it will certainly be very influential on the whole cryptocurrency market, understand what I mean?
in my opinion, bitcoin and crypto are the same. indeed the price of bitcoin is a benchmark for other price prices such as altcoin and ico. I think bitcoin and crypto are the same. if bitcoin affects crypto, in my opinion, it's only a slightly different price.


Title: Re: How does Bitcoin affect other Crypto?
Post by: charlemagne_15 on October 13, 2018, 12:34:45 PM
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?

I think the other coins are dependent in the status of bitcoin. Since it is called and categorized as the king of cryptocurrency, most of the coins were depends on its progress like for an example: whenever the bitcoin is pumping to its peak the altcoins were doing the opposite. It is going down. Also, if people see that bitcoin is doing great then they tend to invest in here than to others.


Title: Re: How does Bitcoin affect other Crypto?
Post by: #dhabitamartha on October 13, 2018, 01:28:43 PM
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?

I think bitcoin as a central currency anywhere because of the existence of bitcoin we can convert money into reality so bitcoin remains a reference for other virtual currencies. I think this affects your market and wallet wallet.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Jvcki Waii on October 13, 2018, 02:14:02 PM
Bitcoin sideway= Atlcoin bump
Bitcoin bump= Atlcoin bump or dump
Bitcoin dump= Atlcoin dump


Title: Re: How does Bitcoin affect other Crypto?
Post by: RokokGudangGaram on October 13, 2018, 02:34:58 PM
All Altcoins follow Bitcoin, only stronger. If bitcoin drops by 2% then altcoin by 10%
because from the past until now bitcoin has a big influence on other crypto because bitcoin has been used as a benchmark price for crypto under it. so if bitcoin experiences an increase and decreases, surely other crypto will also follow bitcoin onwards


Title: Re: How does Bitcoin affect other Crypto?
Post by: gilangIDR on October 13, 2018, 02:39:03 PM
All Altcoins follow Bitcoin, only stronger. If bitcoin drops by 2% then altcoin by 10%
because from the past until now bitcoin has a big influence on other crypto because bitcoin has been used as a benchmark price for crypto under it. so if bitcoin experiences an increase and decreases, surely other crypto will also follow bitcoin onwards
The big influence of bitcoin cannot be avoided. This is because bitcoin has become a major currency. Just like us dollars in the real world. Everything that happens to bitcoin will definitely have an impact on other coins. This will always happen at any time and for anyone who wants to invest in altcoin they must always see the development and movement of bitcoin.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Heidi Farrell on October 13, 2018, 02:49:15 PM
 Bitcoin is the pioneering cryptocurrency and hence the most popular one among the crypto community. Most of the crypto exchanges offer Bitcoin as one of the cryptocurrencies in the trading pairs available on their platform. Furthermore, fiat to crypto gateways accept only a handful of cryptocurrency pairs that include Bitcoin as one.
 So, someone who does not hold any cryptocurrency and wants to buy altcoins, he will have to buy either of the primary cryptocurrencies. Google search results reveal that Bitcoin is the most searched one among the four primary cryptocurrencies. When the same person wants to sell his altcoins, he will have to exchange them against one of the primary cryptocurrencies for fiat. This proves that the crypto investments are linked to Bitcoin some way or the other.


Title: Re: How does Bitcoin affect other Crypto?
Post by: alexhunter54 on October 13, 2018, 02:52:13 PM
as  i   know  other  coins  follow  bitcoin  and  they  are dependent from bitcoin if  price  is  high  then  also  the  others  price  goes  up and  via  versa but  i am  not  sure  if  it  happens  in  this way  maybe   there is  something  else .


Title: Re: How does Bitcoin affect other Crypto?
Post by: Camilla Gill on October 13, 2018, 03:06:21 PM
-Macro factor (Market direction) - Usually at a very high level the direction of Bitcoin sets the sentiment andn mood of cryptocurrency market. This is because it currently has highest market cap and usually highest transaction volumes too.
-Micro factor (Daily moves) - A huge price change moves the other crypto in an inverse direction. This is because traders use Bitcoin to buy others and hold profits in Bitcoin too. This effectively means they shell out more even if price of other currencies unchanged.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Corelianer on October 13, 2018, 03:18:26 PM
Bitcoin is urination for the entire market, from its oscillations depends on all the other coins, so it will be while he is in the first place by market capitalization


Title: Re: How does Bitcoin affect other Crypto?
Post by: Master of Shitcoins on October 13, 2018, 03:35:59 PM
Well, Bitcoin can be seen as a blue chip, but it's not secure to be so in the future. There are many shitcoins now following the BTC price and it's likely, that they will be dumped hardly later and be useless offering no value for holders.


Title: Re: How does Bitcoin affect other Crypto?
Post by: NEERAJ ANAND on October 13, 2018, 03:39:15 PM
Bitcoin has a major rule in this market and all coins follow its trend. If bitcoin goes down then all coins are dropping and drop more then bitcoin and when it reverses its trend, they also start moving in the same direction.


Title: Re: How does Bitcoin affect other Crypto?
Post by: sajjad100 on October 14, 2018, 03:52:22 PM
Since Bitcoin costs area unit increasing endlessly numerous traders can pull out their cash from alternative cryptos and begin finance in bitcoins that is why we'll see altcoin costs are down once Bitcoin is pumping. however, when Bitcoin costs stabilize then we are able to see the altcoins moving up. however, a number of smart|the great|the nice} altcoins like IOTA remains doing good. it absolutely was around zero.2 USD a few weeks back and the current value is nearly $1. simply got to opt for the great altcoin to take a position.

Anyway, traditionally speaking, altcoins invariably follow Bitcoin therefore once they value of altcoins goes up it suggests that probably the value of Bitcoin went up additionally and typically once Bitcoin crashes then it suggests that altcoins area unit progressing to crash too. but this point it appears not all of the altcoins area unit rising, however most likely as a result of there area unit additional currently than ever before and not enough folks comprehend them to trouble finance once they will simply get Bitcoin and it's plenty safer. supported that my recommendation is to try to your analysis before finance in altcoins.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Argoo on October 14, 2018, 04:55:58 PM
All Altcoins follow Bitcoin, only stronger. If bitcoin drops by 2% then altcoin by 10%
because from the past until now bitcoin has a big influence on other crypto because bitcoin has been used as a benchmark price for crypto under it. so if bitcoin experiences an increase and decreases, surely other crypto will also follow bitcoin onwards
It's just that bitcoin has a very high level of market capitalization. This gives him the opportunity to dominate other types of cryptocurrency. In this connection, Altcoins repeat the Bitcoin price movement: the price of Bitcoin increases, and the Altcoins increase, Bitcoin drops, and the entire cryptocurrency falls. Of course, this situation is not very normal and I think that the market will someday find a way out of the current unhealthy situation.


Title: Re: How does Bitcoin affect other Crypto?
Post by: peacefulpeace on October 14, 2018, 05:01:14 PM
yes, the prices of altcoin are greatly dependent on bitcoin, bitcoin is more a medium of measuring altcoin, if for instance you want to invest or buy an altcoin, it is mandatory you convert your fiat currency to bitcoin before purchasing that altcoin. So definitely the price of bitcoin will determine the value of altcoin too.


Title: Re: How does Bitcoin affect other Crypto?
Post by: cotton ball on October 14, 2018, 05:12:11 PM
yes, the prices of altcoin are greatly dependent on bitcoin, bitcoin is more a medium of measuring altcoin, if for instance you want to invest or buy an altcoin, it is mandatory you convert your fiat currency to bitcoin before purchasing that altcoin. So definitely the price of bitcoin will determine the value of altcoin too.
You are right, but it should be stressed that there are currently many exchanges that have direct fiat-altcoin conversion features, so there is no need to go through bitcoin first, I have another reason where cryptocurrencies have a special benchmark on bitcoin.

the most important aspect is fundamentally as the highest volume and still the best crypto conversion center for now, whatever happens to bitcoin prices will make Fomo for every trader to keep trying to balance assets even in bad conditions. panic levels were greatly affected when bitcoin fell and they also chose to sell altcoins for temporary conversion to fiat.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Shannon98 on October 15, 2018, 09:11:06 AM
Bitcoin is the first cryptocurrency, despite the rise in Altcoins, Bitcoin still has the advantage of being widely recognized.


Title: Re: How does Bitcoin affect other Crypto?
Post by: bitbunnny on October 15, 2018, 09:18:58 AM
The way I see this situation is that Bitcoin is some central value referal for other coins and their value is great deal compared with Bitcoin.
Also, I could say that almost all other coins are created with purpose to achieve Bitcoin's success and to be so valuable and accepted, which is not going to happen but Bitcoin is still influencing great deal on them.
This is also confirmed on the situation on the market where we can see how fluctuations on Bitcoin price influence the price of altcoin.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Angna27 on October 15, 2018, 09:31:37 AM
They say that when bitcoin increase it has a tremedous effect in all other coins, bitcoin is their basis that when it increase their coins too will get a chance to push and moved to become one potential coin and the value of coins in the market will also be moving.


Title: Re: How does Bitcoin affect other Crypto?
Post by: xbiv2 on October 15, 2018, 09:41:51 AM
Quote
How does Bitcoin affect other Crypto?

All altcoins is SCAM, scamers convert all money of scamed people into BTC.
SCAMers cannot use fiat for keep this criminal money.

https://image.ibb.co/mqO1Ck/LEVELS_i.png


Title: Re: How does Bitcoin affect other Crypto?
Post by: wangchagongcha on October 15, 2018, 09:42:07 AM
Bitcoin is the king of digital money so I think it has a role affect in the crypto market as well as other Altcoin, albeit with little effect.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Nanagyasi on October 15, 2018, 09:48:37 AM
Btc has long ruled the market and I believe this trend will ccontinue for long. Studying the market trend well, you will see that btc has is central to all trading such that for one to even buy an altcoin, he will need to use btc.


Title: Re: How does Bitcoin affect other Crypto?
Post by: denzkilim on October 15, 2018, 09:53:27 AM
The way I see this situation is that Bitcoin is some central value referal for other coins and their value is great deal compared with Bitcoin.
Also, I could say that almost all other coins are created with purpose to achieve Bitcoin's success and to be so valuable and accepted, which is not going to happen but Bitcoin is still influencing great deal on them.
This is also confirmed on the situation on the market where we can see how fluctuations on Bitcoin price influence the price of altcoin.
Correct, Bitcoin has a very big role in those Altcoins that are spreading and sprouting all over the crypto space because of most of this new Altcoins have a pairing to Bitcoin and their value depends on Bitcoin's value and it is proven because whenever Bitcoin is going down almost every Altcoins under Bitcoin is also falling and also decreasing its value.
Bitcoin is like the father of all crypto currencies because this is the one who started it all and almost every crypto currencies that sprouts are just a copy of Bitcoin with some modifications and adjustments to make it look original.  8)



Title: Re: How does Bitcoin affect other Crypto?
Post by: ophyrim on October 15, 2018, 10:26:32 AM
The trust or distrust of investors to the bitcoin also bring the trust or distrust to the other alts. Thats why before alts movement, generally btc moves and alts follow btc with a multiplier.


Title: Re: How does Bitcoin affect other Crypto?
Post by: ShiroThe5th on October 15, 2018, 10:30:18 AM
Maybe because all transaction and exchange is needed to pass first to bitcoin. Bitcoin is the medium of exchange im crypto.


Title: Re: How does Bitcoin affect other Crypto?
Post by: paulk11087 on October 15, 2018, 05:42:20 PM
In fact, as we will see today, bitcoin has an incredible impact on altcoins. A small increase and a fall followed by a decline of almost 10 percent. this clearly shows how effective it is.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Cryptrx on October 15, 2018, 06:16:57 PM
Bitcoin having the highest market cap affects other coins because it's the most tradded against other coins, so when it's rising or dumping people sell other coins to buy more bitcoin thereby crashing the price of other coins.


Title: Re: How does Bitcoin affect other Crypto?
Post by: rudox on October 15, 2018, 06:31:16 PM
Generally when bitcoin price goes up the altcoins price normally goes up with it at least majority of them. But your scenario is quite  opposite what we have experienced so i may tend to believe that it has to do with that particular altcoin  you are holding. I know of an altcoin that goes up when bitcoin goes down and goes down when bitcoin goes up. This is in opposition against the other altcoins that moves in the same direction with bitcoin. This is my won experience.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Bangete on October 15, 2018, 06:34:44 PM
there is no single entity that controls the price of Bitcoin. The issue of hackers is also a determinant of the fluctuating price of bitcoin. Investors, traders and bitcoin users will experience panic when there are parties who lose a lot of bitcoin because they are hacked. Because of this panic, it will increase bitcoin sales transactions in bulk.


Title: Re: How does Bitcoin affect other Crypto?
Post by: samules on October 15, 2018, 07:28:46 PM
The thing is bitcoin is the very first crypto currency and most of the people trust bitcoin than any other crypto currency.

The price of bitcoin increases,other alt coins may increase or remain in the same level, but when bitcoin's price decreases

most of the time other altcoins also go down along with it. But this is not likely to happen all the time and the price change

between bitcoin and altcoin doesn't happen immediately.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Shannon98 on October 16, 2018, 07:13:53 AM
Prices are based on Bitcoin as a gold standard because Bitcoin is the first mainstream cryptocurrency.

Cryptocurrencies were designed as a unit of exchange and as a place to store assets without relying on a central bank. Bitcoin is often seen as the ‘reserve currency’ of the cryptocurrency world. Rises and falls to the price of bitcoin often has a knock on effect with other cryptocurrencies. As bitcoin was the first mainstream cryptocurrency and is the most supported, the price of bitcoin can often influence the other cryptocurrencies.


Title: Re: How does Bitcoin affect other Crypto?
Post by: revive7up on October 16, 2018, 07:52:25 AM
In the digital co-branding market Bitcoin is king, simply as it strong as then the US dollar. However, that does not mean they aren't affected by other types of electronic money such as Ethereum, Ripple, Litecoin, etc. The electronic coins that affect each other make the crypto market more and more developed.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Faraha_JJJ on October 16, 2018, 08:24:47 AM
Not all altcoins  have dependencies on big boys like ETH and BTC. Some of the altcoins tend to move irrespective of ETH and BTC price. You may want to see the historical data of altcoins and deduce the behaviour. I am not a trader , I hold on to tokens and wait till the platform goes live and then decide.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Pump N Dead on October 16, 2018, 08:37:42 AM
Bitcoin price have a direct effect on altcoin value because Bitcoin is the measurement of the value of altcoins and once Bitcoin goes up the value of altcoin decrease because many altcoin holders are selling their altcoin in exchange of Bitcoin.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Louis Jackson on October 16, 2018, 08:54:31 AM
generally speaking,  altcoins  depends on bitcoins. When there is a decline on bitcon , there is also go down trend in the altcoins. But It is not always, there are also some exceptions.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Dirk2017 on October 16, 2018, 11:19:47 AM
generally speaking,  altcoins  depends on bitcoins. When there is a decline on bitcon , there is also go down trend in the altcoins. But It is not always, there are also some exceptions.

Well bitcoin is the one who exist first in crypto world, bitcoin is the king of all coins, generally speaking all crypto coins depend only on bitcoin, bitcoin proves how worth he is, and there are some coins that has potential.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Malam90 on October 16, 2018, 11:22:44 AM
Basically, value of altcoins depend on Bitcoin price. When Bitcoin price dumps, altcoins price also dump but value in Bitcoin may be unchanged. That's why price of altcoins flactuates with the flactuation of Bitcoin.


Title: Re: How does Bitcoin affect other Crypto?
Post by: airdnasxela on October 16, 2018, 11:54:09 AM
Well there are many possibilities on how bitcoin affects other cryptocurrencies that are available in the digital world. One thing is that sometimes, when bitcoin value goes up, altcoins goes down because usually, altcoins go on how bitcoin goes, meaning their prices are inversely proportional. There are also rare case where the opposite happens, they are directly proportional. But to the point that there is a significant effect of bitcoin to altcoins value, it means that bitcoin can really affect other cryptocurrencies .


Title: Re: How does Bitcoin affect other Crypto?
Post by: conected on October 16, 2018, 01:00:59 PM
Bitcoin price have a direct effect on altcoin value because Bitcoin is the measurement of the value of altcoins and once Bitcoin goes up the value of altcoin decrease because many altcoin holders are selling their altcoin in exchange of Bitcoin.
- Indeed, the value of bitcoin is almost entirely related to the movement of the market, if it cried, the whole market would be bloody but if it was fun, the market would be more exciting than ever, Bitcoin is always central to altcoin. It is really a great thing to give us confidence about the value and potential of bitcoin in the future but because of such a great dependence, I also always feel worried, if bitcoin does not become better in the future, crypto will also be affected and no longer generate profits for investors


Title: Re: How does Bitcoin affect other Crypto?
Post by: Tangow3 on October 16, 2018, 02:59:24 PM
I think it doesn't effect any other cryptocurrency has it is in the top the difference between the bitcoin value and other coin value is also too huge and it won't effect..
Where bitcoin is a boss where boss will be in the top it won't compite with other coins...


Title: Re: How does Bitcoin affect other Crypto?
Post by: oceantiger on October 16, 2018, 03:22:56 PM
Bitcoin is the leader of the coins and oit has the the largest volume of the market and the highest price. The impact of the market on bitcoin surely affect the the rest of the altcoin. When bitcoin is trending the altcoin will trend alongside but the bitcoin is going down majority of the altcoin will go down save some few that will maintain the opposite direction like NTY.  So i conclude that bitcoin price affect altcoin prices


Title: Re: How does Bitcoin affect other Crypto?
Post by: tranle1267 on October 16, 2018, 03:24:32 PM
i think bitcoin affect quitely to the crypto. Bitcoin now has a hight price and volume, it a leader of crypto. the price of bitcoin will directed affect to the price of atlcoin, when it go down the price of crypto reduce so much and oppsition.


Title: Re: How does Bitcoin affect other Crypto?
Post by: akiho yoshizawa on October 16, 2018, 03:37:22 PM
I think it doesn't effect any other cryptocurrency has it is in the top the difference between the bitcoin value and other coin value is also too huge and it won't effect..
Where bitcoin is a boss where boss will be in the top it won't compite with other coins...

the volume of bitcoin is indeed too large and remains above, this is influenced by the volality and confidence of traders to continue to buy bitcoin continuously. But if it's related to price, whatever happens to bitcoin will basically make the movement of the altcoin synergize, if bitcoin experiences bullrun, then the altcoin will be sold only to buy bitcoin that is increasing. altcoin will move again if bitcoin experiences a correction.


Title: Re: How does Bitcoin affect other Crypto?
Post by: gulshan1 on October 16, 2018, 06:03:49 PM
Bitcoin is the base currency of mostly all alcoins in the cyrpto market and because altcoins always sell against the some top coins like bitcoin, ethereum,lite coin,dashcoin, doge etc. If price of bitcoin go up and down then price of the altcoins also effected by this.


Title: Re: How does Bitcoin affect other Crypto?
Post by: ynclksnr321 on October 16, 2018, 06:10:32 PM
Bitcoin is an amazing effect on altcoins. We had an example last week. An increase of $ 600  has created an impact of almost 10 percent on altcoins. I don't think there's even one coin that's got a head on Btc.


Title: Re: How does Bitcoin affect other Crypto?
Post by: ngocdhbk2 on October 16, 2018, 06:15:38 PM
In my view and analysis, it is thought that Bitcoin will increase at the end of the year. As a result of the number of Altcoins sellers goes up a lot to invest in Bitcoin. This causes the Altcoins prices to fall and the crypto market is not in good shape. I myself prefer to take Bitcoin over Altcoins in the last months of this year because i believe Bitcoin will increase.


Title: Re: How does Bitcoin affect other Crypto?
Post by: cryptoracer999 on October 16, 2018, 06:36:47 PM
Yes, most of the  altcoin prices are always affected with BTC price. So if BTC price is up and is doing well, the altcoin prices also rise and with its fall, they also fall, as BTC is the market leader.


Title: Re: How does Bitcoin affect other Crypto?
Post by: King Bounty on October 16, 2018, 10:19:06 PM
it's easy, because now many crypto are purchased using BTC, so if the BTC price rises automatically crypto prices will also increase, for example Crypto / BTC and the price of 1 Crypto = 0.0005 BTC (price of BTC $ 6400) and when the BTC price rises even though the price of 1 Crypto = 0.0005 BTC (price of BTC $ 19000) but the value is different because of the increase in the price of BTC and even then it also affects if the BTC price drops, the Crypto price will also decrease.


Title: Re: How does Bitcoin affect other Crypto?
Post by: poletando on October 17, 2018, 12:15:02 AM
automatically, we can see that bitcoin is the king of cryptocurrencies and we know that bitcoin is have the highest value in the cryptocurrencies, also we can see that there are many coin that need bitcoin to change it into real money, many cryptocurrencies affected by bitcoin, so when bitcoin go down, automatically the price of other cryptocurrencies are down


Title: Re: How does Bitcoin affect other Crypto?
Post by: satria2 on October 17, 2018, 12:22:34 AM
automatically, we can see that bitcoin is the king of cryptocurrencies and we know that bitcoin is have the highest value in the cryptocurrencies, also we can see that there are many coin that need bitcoin to change it into real money, many cryptocurrencies affected by bitcoin, so when bitcoin go down, automatically the price of other cryptocurrencies are down

Bitcoin has a great connection to other types of coins, so it is true that the price of Bitcoin will fall on other types of coins. Until now no one can replace Bitcoin.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Rustamm on October 18, 2018, 04:40:26 AM
Of course, the price of Bitcoin directly affects the price of the entire cryptocurrency. All cryptocurrency repeats bitcoin price movements. This is due to the fact that Bitcoin can exercise price dominance over other types of cryptocurrency due to the fact that it has a very high level of its capitalization. The higher the capitalization of the leader of the cryptocurrency, the tougher the price pressure.


Title: Re: How does Bitcoin affect other Crypto?
Post by: jikurpa on October 18, 2018, 06:35:53 AM
If you are trading alt coin with bitcoin, then when bitcoin price is going up then alt coin value will go down, that is because you are using bitcoin as the comparison, bitcoin got a huge effect on altcoin
very true what you say, bitcoin is a pioneer of cryptocurrency and even now bitcoin is still the highest value coin and is likely to be a guideline for other crypto currencies


Title: Re: How does Bitcoin affect other Crypto?
Post by: bevthazor on October 18, 2018, 07:15:00 AM
Most coins are directly proportional to bitcoin. If he starts to fall, then it will begin to carrion the rest of the coins.This we can observe in the red zone. Even if we remember last year. How bitcoin has influenced its alternatives


Title: Re: How does Bitcoin affect other Crypto?
Post by: fileo on October 18, 2018, 07:25:40 AM
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?

Yes, bitcoin is the main reason why cryptocurrencies dump and pump. It is the major coin that lead the entire market change whether the the market turn to red or into green. That's how powerful bitcoin is. Just wait for bitcoin recovery maybe we are near to that moment.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Friskaadew on October 18, 2018, 03:13:44 PM
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?
if I think btc affects the price of altcoins that are popular and owned by many people, if for altcoins that have just been released and especially less popular coins I think the price of btc only has little or no effect, because enthusiasts on popular coins will remain small if btc prices go up so people will prefer to invest in btc than in the altcoin, so I think :)


Title: Re: How does Bitcoin affect other Crypto?
Post by: bdsharminsoltana on October 20, 2018, 09:43:18 AM
BTC has great impact on altcoins prices because it is still the most recognized and believed cryptocurrency. So when BTC price raises people sell their altcoins and buy btc.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Amevalentine on October 20, 2018, 10:13:20 AM
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?

If you look at the last 3-4 months, the price of alts shot up due to all the uncertainty about scaling in Bitcoin. Now with that resolved, a lot of the money in alts is coming back to Bitcoin. That is why altcoins have been dumped real hard.

Indeed, although altcoin has the opportunity to compete with bitcoin, they are not strong enough to be comparable to bitcoin. In just a short time, bitcoin has made terrible breakthroughs, it is completely overwhelmed the altcoins.
which I think bitcoin affects the crypto market because bitcoin was once its parent and the top bitcoin continues to be the possibility that bitcoin can affect the market through rising prices and will affect investors too in my opinion


Title: Re: How does Bitcoin affect other Crypto?
Post by: saumang2m on October 20, 2018, 04:57:49 PM
Bitcoin is a platform in which many people are working everyday. This is going to increase the value of Bitcoin across the world. Due to which some other crypto platforms are losing market value. Which is causing them harm.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Compiler on October 20, 2018, 06:01:42 PM
Directly or indirectly, bitcoin can affect a crypto in the sense that that crypto can be exploited if it does well. Bitcoin is the only crypto that has a very expensive value and has a large market community.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Glok17 on October 20, 2018, 06:26:20 PM
As for me it is a most indicative coin of the market and it represents all the actual trends in crypto and its price dynamics.


Title: Re: How does Bitcoin affect other Crypto?
Post by: #davidnugroho on October 20, 2018, 07:35:03 PM
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?

I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price is pumped up and reached 4,000 USD, the price of the altcoins has gone really really low. I almost lost my investment due to this sudden drop. Does bitcoin price have something to do with this?


Title: Re: How does Bitcoin affect other Crypto?
Post by: sirminesalot on October 20, 2018, 07:49:16 PM
As for me it is a most indicative coin of the market and it represents all the actual trends in crypto and its price dynamics.
yes because bitcoin is the main coin in the crypto world, so surely all the coins in the world of crypto are benchmark and that represent bitcoin. about the price do not ask again, of course that the highest and the price distance is very far from other coin coins.


Title: Re: How does Bitcoin affect other Crypto?
Post by: shulc7 on October 21, 2018, 02:23:01 PM
If you are trading alt coin with bitcoin, then when bitcoin price is going up then alt coin value will go down, that is because you are using bitcoin as the comparison, bitcoin got a huge effect on altcoin
very true what you say, bitcoin is a pioneer of cryptocurrency and even now bitcoin is still the highest value coin and is likely to be a guideline for other crypto currencies

It will always stay the leader. Even in 10-20 years, it will rule the market. BTC affects the prices of the other cryptocurrencies. When it grows, the tokens grow as well.


Title: Re: How does Bitcoin affect other Crypto?
Post by: gheawari431 on October 22, 2018, 02:36:52 AM
Most coins are directly proportional to bitcoin. If he starts to fall, then it will begin to carrion the rest of the coins.This we can observe in the red zone. Even if we remember last year. How bitcoin has influenced its alternatives
It can be said that bitcoin is a cryptocurrency "spirit", because besides being the first creation and having the most expensive price, the conversion of other crypto prices is with bitcoin. While bitcoin is converted to USD. The price of bitcoin is always a reference for other crypto, if the strong bitcoin is another crypto also strengthens.


Title: Re: How does Bitcoin affect other Crypto?
Post by: biskitop on October 22, 2018, 02:40:06 AM
Bitcoin market cap is the biggest in the market and bitcoin contributes almost 50% of the effect to the market. let's say bitcoin is the parent of this industry.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Cryptopiana on October 22, 2018, 03:01:28 AM
In my experience as long as bitcoin is going up or sideways, alts will perform well.
But as soon as Bitcoin starts showing weakness/going down you can see pretty heavy sell off in the alts.

You can almost trade altcoins entirely off of bitcoin movement. (With extreme ends of TA being the exception.)


Title: Re: How does Bitcoin affect other Crypto?
Post by: Olayinka225 on October 22, 2018, 03:28:14 AM
Because bitcoin was the first of all crypto. 
Without bitcoin, I don't see any crypto to coin to survive the crypto market. Moreso, bitcoin determines what we could find in the market, it's fate and all other things attached to it


Title: Re: How does Bitcoin affect other Crypto?
Post by: Ethan Argu on October 22, 2018, 04:54:44 AM
Sinve bitcoin is the top crypto it could affect also in altcoin we all know that the price is to low so expect the price is really too small to trade. Some member are pooulling out thier investment. But we all know it has a possible that it goes up before the year will end.


Title: Re: How does Bitcoin affect other Crypto?
Post by: jtrapirap on October 22, 2018, 05:18:49 AM
Yes most altcoins rise and fall in sync with Bitcoin price since it has been considered as the reserve currency and as a "gold standard" to the price of other coins in the market. Bitcoin is an obvious choice as a reserve currency since it is the first crypto in existence, most recognized, highly adopted, highest market cap, and highest daily volumes.


Title: Re: How does Bitcoin affect other Crypto?
Post by: KingOfWinterfell01 on October 22, 2018, 06:24:56 AM
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?

Since there aren't a lot of trading pairs alt coin has, they tend to be traded to eth and then to bitcoins eventually if there really aren't any good pairs in the future. This somehow increases bitcoin demand since people will need bitcoin to trade their unknown alt coins to.


Title: Re: How does Bitcoin affect other Crypto?
Post by: nazaididuan1 on October 22, 2018, 11:23:42 AM
BTC is the king of cryptocurrencies!
In the world of cryptocurrency, BTC is a benchmark, BTC is stable, and other cryptocurrencies will be invested!
In the bear market, BTC is the most stable encryption currency!


Title: Re: How does Bitcoin affect other Crypto?
Post by: sawree6 on October 22, 2018, 12:32:23 PM
We can see how powerful bitcoin is. It is the main reason for ups and downs of other cryptos. Bitcoin has the biggest liquidity on the market which is why people buy altcoins usually with bitcoin.


Title: Re: How does Bitcoin affect other Crypto?
Post by: kirti rana on October 22, 2018, 01:41:24 PM
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?
Bitcoin is a digital currency in crypto market. I know bitcoin affect the price of other cryptocurrencies as well as. Because bitcoin price is up and down. Bitcoin is best investments in my personal life its best currency. Thankyou.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Shatterlean22 on October 22, 2018, 01:57:39 PM
Mostly what I've seen in past is there are some altcoins that depends on bitcoin movement and there are some that doesn't ,when bitcoin increase in price those altcoins follows ,especially when the last bull run occurred.


Title: Re: How does Bitcoin affect other Crypto?
Post by: btcnijuan on October 22, 2018, 02:52:49 PM
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?
I think yes because bitcoin is the adaptation of other crypto, their basic feature is the same with each other, and most of the exchanges only trade altcoins with usd and bitcoin only.


Title: Re: How does Bitcoin affect other Crypto?
Post by: zorchy on October 22, 2018, 05:27:36 PM
Bitcoin is now in short and will hardly come out of it before the end of the year. It remains only to believe in the best. Especially trade right now is not obtained.


Title: Re: How does Bitcoin affect other Crypto?
Post by: romantic007 on October 22, 2018, 09:08:40 PM
There are many factors, but yes, BTC surely affects alts. It all depends on the society and its demand, and also on the hype and so on.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Marcsymon on October 22, 2018, 10:32:57 PM
Bitcoin would greatly affect other crypto by means of value and demand because bitcoin itself was the first crypto introduced and it is where the cryptocurency market depending by it's movement. So, with this bitcoin has a great role of crypto world where the market condition is relying by itself and so on to some other cryptos too.


Title: Re: How does Bitcoin affect other Crypto?
Post by: TIDOVEE on October 22, 2018, 10:59:08 PM
I think, it's not bitcoin price that is affecting other crypto currency, but crypto market regulation affects all coin and bitcoin been the top and most famous is been used as the lead watch to compare others.
Bitcoin is also under general control and what affects bitcoin affects other coin, and they have not been so rooted and independent enough to boycott bitcoin.


Title: Re: How does Bitcoin affect other Crypto?
Post by: mensahkkofie on October 22, 2018, 11:03:39 PM
If you are trading alt coin with bitcoin, then when bitcoin price is going up then alt coin value will go down, that is because you are using bitcoin as the comparison, bitcoin got a huge effect on altcoin
I think it depends on the particular coin or asset, I believe sometimes it is not about trading activities involving bitcoin, bitcoin as the leading digital currency in the world can greatly affect most altcoins. Most altcoins depend on the price of bitcoin in various ways. In spite of this, some altcoins perform very well even when bitcoin drops in price.


Title: Re: How does Bitcoin affect other Crypto?
Post by: ekomic on October 22, 2018, 11:51:13 PM
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?

Yes sir!!...btc is the head...it goes up and everyone else follow suit....and when goes down the whole markets goes with it...but of course; there are exceptions to it...some altcoins might choose to break the law!!


Title: Re: How does Bitcoin affect other Crypto?
Post by: newbie-hero on October 23, 2018, 08:38:46 AM
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?
if I think btc affects the price of altcoins that are popular and owned by many people, if for altcoins that have just been released and especially less popular coins I think the price of btc only has little or no effect, because enthusiasts on popular coins will remain small if btc prices go up so people will prefer to invest in btc than in the altcoin, so I think :)
Bitcoin is the first cryptocurrency. When people understood that the other guys are ready to invest in it, they started to create various altcoins. We can say, BTC helped to create the crypto market.


Title: Re: How does Bitcoin affect other Crypto?
Post by: DPrillio on October 23, 2018, 09:02:42 AM
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?
if I think btc affects the price of altcoins that are popular and owned by many people, if for altcoins that have just been released and especially less popular coins I think the price of btc only has little or no effect, because enthusiasts on popular coins will remain small if btc prices go up so people will prefer to invest in btc than in the altcoin, so I think :)
Bitcoin is the first cryptocurrency. When people understood that the other guys are ready to invest in it, they started to create various altcoins. We can say, BTC helped to create the crypto market.

Bitcoin is the foundation and the pillars of all the coin in crypto world that is why bitcoin is mostly the basis of market status and obviously if bitcoin drops then the market and the entire altcoins price drops too, I think because most people are always aiming bitcoin for it is proven and tested as a most promising coin at the entire crypto market.


Title: Re: How does Bitcoin affect other Crypto?
Post by: beliomir on October 23, 2018, 09:20:00 AM
bitcoin is the main index of the entire cryptocurrency market, it has a direct impact on all altcoins


Title: Re: How does Bitcoin affect other Crypto?
Post by: COCOMARTIN on October 23, 2018, 10:10:17 AM
Because altcoins investors are simultaneously pumping bitcoin so its price rises. And the altcoin price will fall. And almost altcoin is based on bitcoin that it is connected to collapse and increase.


Title: Re: How does Bitcoin affect other Crypto?
Post by: PalindromemordnilaP on October 23, 2018, 01:10:52 PM
I think bitcoin is one of the most charismatic cryptocurrencies in the cryptoworld which is very evident that it greatly affects alt coins' market price whenever bitcoin rise up or goes down. That's basically because bitcoin is the base currency that is paired to alt coins.


Title: Re: How does Bitcoin affect other Crypto?
Post by: sieemma on October 23, 2018, 04:28:12 PM
The relationship between bitcoin and other cryptos is that when bitcoin is going up, other cryptos also follow the same trend and vice versa. The reason being that any trigger in price that raises the price of bitcoin causes a notion that crypto in general, is gaining more attention and that more people are coming into crypto. It is a fact because people who come into crypto first time, start with bitcoin because it is the crypto with worldwide acceptance and known to many people whether interest or not interested.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Nurshazwani on October 24, 2018, 02:40:09 AM
The reason for this question will be because BitCoin is the first crypto and the most popular one among the crypto community. So when confidence is shown in it, there's carry over the other cryptos. With decentralized exchanges and the massive success of ICO's, I think this is the beginning for BitCoin, blockchain and other coins.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Rumble97 on October 24, 2018, 03:03:56 AM
It is true that Bitcoin affects the other coins, if bitcoin goes down, of course coin - coin is under it and vice versa, as the parent of all coins, of course Bitcoin has a big influence on other crypto coins


Title: Re: How does Bitcoin affect other Crypto?
Post by: LieTOme on October 24, 2018, 05:38:32 AM
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?
in my opinion there must be something to do with alternative currencies like altcoins because bitcoin is to my knowledge a crypto currency pioneer and maybe many investors who use bitcoin become another currency that is affected by the movement of bitcoin


Title: Re: How does Bitcoin affect other Crypto?
Post by: holtzmann on October 24, 2018, 08:14:09 AM
We can see how powerful bitcoin is. It is the main reason for ups and downs of other cryptos. Bitcoin has the biggest liquidity on the market which is why people buy altcoins usually with bitcoin.


Title: Re: How does Bitcoin affect other Crypto?
Post by: M.C.V. on October 24, 2018, 08:22:05 AM
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?

Mostly all follow BTC


Title: Re: How does Bitcoin affect other Crypto?
Post by: Eraldo Coil on October 24, 2018, 08:47:17 AM
In my opinion , bitcoin now greatly affect other crypto because most of the investor start with bitcoin  and money they gained from it they invest it to the other coin. Now since bitcoin is falling other crypto also falling apart. With bitcoin movement is directly proportional to the other crypto.


Title: Re: How does Bitcoin affect other Crypto?
Post by: maxilopez on October 24, 2018, 08:51:31 AM
Yes, of course, Altcoins are very dependent on Bitcoin itself. I think that this will never change and Bitcoin will continue to dictate the trend in the market


Title: Re: How does Bitcoin affect other Crypto?
Post by: amirhossain on October 24, 2018, 02:16:58 PM
bitcoin has a positive and positive impact on other cryptocurrency. bitcoin is very popular in a coin world. People around the world use this bitcoin. Speaking of other cryptocurrency, they are not so popular. And we will notice that bitcoin's price decreases and the price of other coins is reduced. That is to say, the entire market falls.


Title: Re: How does Bitcoin affect other Crypto?
Post by: dmamigo on October 24, 2018, 04:40:35 PM
It is true that Bitcoin affects the other coins, if bitcoin goes down, of course coin - coin is under it and vice versa, as the parent of all coins, of course Bitcoin has a big influence on other crypto coins

Bitcoin does directly affect the market with all the other altcoins, but it is not a parent coin. Better to state it as a primary coin in the market. This happens because of people using this for just an investment and as they see BTC falling, they get frightened and sell off their altcoins as well.
This will soon be solved, once people realize the value of other cryptocurrencies, which has great features and use other than just investing and storing.


Title: Re: How does Bitcoin affect other Crypto?
Post by: cizatext on October 24, 2018, 06:23:15 PM
Well bitcoin being the mother coin of the cryptocurrency world has strong influence on all other altcoins due to the fact that any force that affect the bitcoin market either positively or negatively will also robe on all other tokens and coin in the market, so its in most cases bitcoin that control all other coins in terms of market movement.


Title: Re: How does Bitcoin affect other Crypto?
Post by: MeongElek on October 25, 2018, 01:28:23 PM
Bitcoin still has a large influence on Altcoin prices. And then, for now, no one can replace Bitcoin as the owner of the highest price among other coins. I think Bitcoin is still the parent of all Altcoins.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Linkkoin on October 25, 2018, 01:52:25 PM
Bitcoin is a heavy-weight champion, 53% of the total trading volume of all almost 2000 cryptocurrencies (in other words - Bitcoin is traded more than all of the other cryptos COMBINED). When Bitcoin sneezes, all cryptos catch a cold.


Title: Re: How does Bitcoin affect other Crypto?
Post by: velive08 on October 25, 2018, 02:01:11 PM
bitcoin affects others by making bitcoin dominate in exchange. nowadays bitcoin continues to be one of the composition of coins with the strongest position in crypto, if you want to exchange or make a new coin as money must be through bitcoin, it's real and it can be used as one of the potential of bitcoin in influencing other crypto coins.


Title: Re: How does Bitcoin affect other Crypto?
Post by: Marieluvv11 on October 25, 2018, 02:13:28 PM
Definitely bitcoin prices affects the general market and other cryptocurrency. Mostly because its prices are more stable and then other coins are traded with it . so any movement up or down affects other coins.


Title: Re: How does Bitcoin affect other Crypto?
Post by: BTalarmus on October 28, 2018, 05:16:19 PM
Most cryptocurrencies are very strongly tied to the price of Bitcoin because its capitalization is many times higher than the capitalization of other cryptocurrencies. If the price of an asset does not correlate to Bitcoin, this in most cases means that nobody needs this cryptocurrency.


Title: Re: How does Bitcoin affect other Crypto?
Post by: cfif123 on October 28, 2018, 05:32:20 PM
Bitcoin is the one for me and a father of all crypto but I always think that the price of bitcoin will also affect for other crypto coins also the price bitcoin is not already increasing same to other coins.
it's true because bitcoin was the first to become the benchmark price for crypto below, so with the increase in bitcoin, other crypto will definitely follow bitcoin and this has become a crypto world tradition


Title: Re: How does Bitcoin affect other Crypto?
Post by: btcdevil on October 28, 2018, 05:42:31 PM
The main reason of other Crypto getting Affected by Bitcoin price is due to that everyone is holding altcoins to increase their Bitcoin investment. As everyone knows that We all trade altcoin and earn profit in Bitcoins so our Bitcoins volume is increasing and when Bitcoin price is increasing everyone start selling their altcoin and convert it to bitcoin so that they can sell in bitcoin high price.

This is the reason why crypto is getting affected by Bitcoin and even it is mostly valued by Bitcoin pair only.


Title: Re: How does Bitcoin affect other Crypto?
Post by: anitaraymonds on October 28, 2018, 05:42:59 PM
Bitcoin is the  leads the altcoins in both price and market cap. This is the reason why the price of bitcoin will always impacted on the altcoins. It is a facts that once there is a price dip in the market for bitcoins it will affect the price of the altcoins and vice versa. Every altcoins is taken out of the bitcoin concept and this account why you cannot separate the except the name and value. Bitcoin is the clear leader among the two under examinations .


Title: Re: How does Bitcoin affect other Crypto?
Post by: Febriana98 on October 28, 2018, 05:53:45 PM
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?
of course, it's very influential, just look at when the price of Bitcoin up to $ 20,000/coin then all prices of Altcoin go rise too, and when the price of Bitcoin goes down, all the prices of the cryptocurrency go down too. so, the rise and down of the price of Bitcoin will greatly affect the price of all cryptocurrency...


Title: Re: How does Bitcoin affect other Crypto?
Post by: ninokh on October 30, 2018, 02:24:33 AM
bitcoin is the main currency in cryptocurrency and is the leader of altcoins. so that the rise and fall of bitcoin prices will affect the altcoin. because altcoin is used to buy bitcoin and bitcoin is usually used to fund altcoin operations. when bitcoin rises, altcoin also rises otherwise when bitcoin drops, altcoin also drops and now bitcoin is stagnant, so most of altcoin is also stagnant. so bitcoin is the center of the crypto currency. like dollars in fiat money.


Title: Re: How does Bitcoin affect other Crypto?
Post by: xbossJ on October 30, 2018, 02:53:43 AM
Isn't it glaring enough that $Bitcoin is "ALL CRYPTO"? How else do we make it clear to some people that $Bitcoin is dorminating the market by well over 50%, what does this tell anyone?? That the market can't survive if $Bitcoin dies!!! Whenever $Bitcoin is attacked, all alts go into panick mode, with prices plummeting beyond imagining! $Bitcoin is like a Detonate button! If its pushed by FOMO it baloons unimaginably and if pushed by FUD everyone gets hit! In terms of popularity?? People hear $Bitcoin before any other!! Thats how $Bitcoin controls everybody and the market with the alts suffering an after shock!!


Title: Re: How does Bitcoin affect other Crypto?
Post by: Iambatman on October 30, 2018, 03:03:09 AM
This is my question too cause sometimes if BTC have a bullrun all of the other coins was going to bull to so thats is my question


Title: Re: How does Bitcoin affect other Crypto?
Post by: Tahir460pk on October 30, 2018, 03:03:33 AM
Bitcoin prices both ways leads as altcoins and market cap that's why as in start of this years bitcoin prices at his peak thats why other coins are also at high prices and as bitcoin drop it effect all altcoins that's the way bitcoin affect other crypto.


Title: Re: How does Bitcoin affect other Crypto?
Post by: EllenSmith on October 30, 2018, 05:05:45 AM
I think even though altcoin is strong, it can not compete with bitcoin, and it depends quite a bit on the altcoin, which can be seen in the fact that when the bitcoin price drops sharply the price of altcoin drops dramatically.


Title: Re: How does Bitcoin affect other Crypto?
Post by: btc_angela on October 30, 2018, 05:56:52 AM
Alts will bleed sats for awhile, BTC will outperform most alts as BTC value and market dominance increases.Once BTC levels out and starts trading sideways again, alts will come rushing back, outperforming BTC with a vengeance like they did at several points last year. It has happened before, it will happen again.

Hmm. Haven't we seen Bitcoin trading sideways for the last 5 months or so? We have been stable from $6000-$7000 range but I don't see your whole argument of alts rushing back. On the contrary, they have suffered the worst while bitcoin dominance continue to rise and the price becomes stable so there's something wrong with your argument here.


Title: Re: How does Bitcoin affect other Crypto?
Post by: akshay_khoyani on October 30, 2018, 06:13:10 AM
Most of Altcoins are depending on Bitcoins so that when any news or decision affecting bitcoin than Altcoins also affect it in short altcoins are like dependent children of Father(Bitcoin).


Title: Re: How does Bitcoin affect other Crypto?
Post by: MAJICOIN on October 30, 2018, 07:04:40 AM
Bitcoin is the floor where all he building then constructed so whenever there is a problem in the floor the whole building shrinks and not only in this but in the world other currencies also affected with one another and it is fact that when bitcoin price show movements other crypto comes after this, and now a days the whole market is stopped due to stability in the price of bitcoin.


Title: Re: How does Bitcoin affect other Crypto?
Post by: retnocintaku on October 30, 2018, 07:05:56 AM
Yes, I think that is true if bitcoin prices affect other coin prices, if bitcoin rises, of course, followed by coin prices that also rise, if bitcoin goes down the other coins will follow, like this bitcoin can be said to be the mother of all coins


Title: Re: How does Bitcoin affect other Crypto?
Post by: iTradeBit on October 30, 2018, 07:46:55 AM
I think, Bitcoin creates trends. But There are some coins that can become better than Bitcoin in future.