Bitcoin Forum

Does Bitcoin's price decrease and increase make the other Altcoin price decrease and increase? When the Bitcoin decreases, the other coins are reduced by the price. While the price of bitcoin increases, most coins increase. What's the reason for this?

This proves that success of altcoins depend on bitcoin, and they will never be able to overcome it.

Bitcoin has a major influence in the world of cryptocurrency, so altcoin prices must be influenced by bitcoin prices. Everyone who invests in bitcoin automatically has an investment in altcoin. So when they get good news or information coming to the world of cryptocurrency they will automatically buy bitcoin and altcoin as well as and otherwise when he got bad information that came to cryptocurrency they will sell bitcoin and altcoin he has.

bitcoin is the mother of all coin because bitcoin is the first coin and bitcoin price will alwayas the biggest one, and altcoin wil never catch up to bitcoin.

Because bitcoin is the leader in cryptocurrency markets, all altcoins will rise as bitcoin rises.
When the price of bitcoin falls sharply, people will lose confidence, and they will sell a lot of altcoin at this time, which leads to a big drop in the price of the whole cryptocurrency market.

As bitcoin is the root or the father of cryptocurrency when it goes down majority of altcoins also go down. But there are others which will not be affected.

I mean that couldn't be farther from the truth because during the altcoin ruin up, right before and after the BTC run up. Bitcoin went up maybe 4x at the top of the line, but all of those other altcoins they went up an insane amount some went up 1000x and things along those lines. These other coins went up crazily, a lot more then bitcoin did..

Altcoins fluctuate with bitcoin, but not with the same amount of volatility as altcoins WILL ALWAYS have more volatility.

This does not happen all the time. But in the last several days, the movement seems to be as a single body. This signifies that the decrease and increase of the prices are not just a reflection of the individual performance of the coin but of the entire crypto environment. But it has also happened countless of times in the past that if Bitcoin is in serious blood, the rest of the altcoin world will also suffer the same. This means that Bitcoin's fate is playing a vital role in the prices of the altcoins.

You can sure say that, And that is one of the things why Altcoins price decrease and increase as per bitcoin does, Well Altcoins have another thing that can make its value increase and that is thanks to the hard work of developers that an Altcoins is reaching its certain goals, And thanks to Bitcoin certain Altcoins are base on the exchange of bitcoin,

It shows that altcoins are under by bitcoin and can’t stand if bitcoin falls.

Since Bitcoin is the king of cryptocurrency investors will worry if Bitcoins price decrease that affects altcoin. As of now people thinks that if bitcoin fails all crypto currency will fail.

Majority of crypto currency are born for bitcoin. Bitcoin is the main and first crypto of all crypto currency so all other crypto are dependent on it. This is the prove for crypto world. And so that bitcoin are popular and it's bit long.

Bitcoin is the king of all altcoins. Its price has seriously affected the prices of other cryptocurrencies.

cause they think that no one can overcome in bitcoin that is why they are too much afraid when bitcoin has some movement and they also may ever see that altcoin dont have so they dont let this may ever happen as long as there is some movement in bitcoin specially when decreasing they may also want to have in altcoin too.

Yes the king of all altcoins, price decrease and increase of bitcoin also affect the price of altcoins. Most relay on the value of bitcoin. As all users got benefited of bitcoin so when bitcoin prices movement increase altcoins does follow.

Not as you think, bitcoin has nothing to do with other altcoins. The altcoin is based on a platform and they have a common effect. Bitcoin and other altcoins decrease due to the influence of common factors. Not when reduced or increased bitcoin will affect the other altcoin. Occasionally bitcoins increase, but other altcoins decrease and vice versa.

Bitcoin's value is the basis of altcoins due to it being the first digital currency. The movement of bitcoin can affect the value of altcoins, thus when btc is up we can also expect increased value for altcoins and decrease when btc is down.

Bitcoin is a king of the crypto currency world.I see January to February month bitcoin price still 8K plus.it's lower price.because 2017 year last month we are see bitcoin price 20K plus.but now huge decrease. But it does not matter now time to hold.we are bitcoin buying and keep holding. Don't worry,bitcoin price again going increase 20K,hope is possible.

From the start bitcoin is really trend because of its volatility and we all know that after the price fall the next is a huge rise maybe we can get more reference from the past few years about the bitcoin price if we engage in buying and selling process of gaining.I believe that it is now really the right time to buy bitcoin because the price is really getting low it is really a great opportunity because if the price rise we can really sell and gain profit.

 Bitcoin and other alt coins are cryptocurrency , meaning it is volatile. The value is not fixed. Every now and then it keeps changing it value. It may increase or maay decrease depending to the market and also it goes like the demand and supply also.

Bitcoin is the first crypto currency to be the parent of the other coin coin so it is very influential to the success of Altcoin. Altcoin's success is determined by Bitcoin because they can not handle it.

this depends, there are times when the price of bitcoin goes up a lot, the prices of altcoins fall a lot and the reason for this is because the people who have altcoin sell their altcoins to buy bitcoin when the price of bitcoin is too high... and there are times that bitcoin falls and the altcoins also fall because of some bad news, for example: " if the news channels said that japan is going to ban bitcoin "bitcoin and all altcoin they fell, but if they said that" "European Union will legalize bitcoin" the price of bitcon would rise a lot and the altcoin fell a lot.

yes bitcoins price can affect the prices of some altcoins, because in some markets and trading sites use bitcoin to buy altcoins so the demand of bitcoin is increase it price also will increase, if they sell it out the token will go back to the circulation as well as the bitcoin so the stocks of tokens increase because of the selling the price of alts and bitcoin will decrease, but in the case of bitcoin many people hold bitcoin thats why if the price decreases but not that crash.

Most likely the reason for this may be robots that trade on exchanges and their algorithm is based on the Bitcoin's price.

yes, because bitcoin is a barometer and a crypto king, but I think when bitcoin goes down, not all altcoin also come down. only altcoins that have good growth can survive.

Good altcoin will go down, but only a few percent. may rise and also stable. but unlike the altcoin that has no plans, it will drop dramatically.

this is a natural trend for any investment - Bitcoin is right now more of an asset and people are investing it, so, Bitcoin, as an asset, can go highs and lows - its natural.

We normally see most altcoin price drops when Bitcoin price drops, because exchanges use Bitcoin as their reserve currency, and if you look at the price of most altcoins the price is not really the equivalent to us dollar or fiat but it is based on the equivalent value in Bitcoin so whenever Bitcoin price drops it is likely that most altcoin will follow especially those in top ranking in market capitalization which is supported of most cryptocurrency exchange. But it doesn't mean that the movement will always like that, there are times that Bitcoin drops and some altcoin are pumping because there are people who sell their Bitcoins to buy those altcoins.

Somehow bitcoin price increase because its being bought by the altcoins held by traders, once they trade if with bitcoin it then means the demand of BTC rises and so is its price. Most of the time I think its USDT that is being used to buy BTC though, they prefer the coin that will hold a consistent value so there will be lesser loss.

Yes, I think the price of most altcoins will go up and down with bitcoin, and bitcoin has a great influence on other altcoins, which is the king of all altcoins.

Bitcoin is the main carrier of the cryptocurrency market. He is also the most famous and all alt cryptocurrencies owe him its existence.

Hi,

You are right, it should not be this way. If you think in terms of offer and demand, the rise of bitcoin should trigger of the decrease of other cryptos.

What I think is that most people change bitcoin for fiat currencies. So most exchanges actually happen between 1 crypto and 1 fiat currency. Therefore, the law of offer and demand does not apply.

This is not true, other altcoin prices are not dependent on bitcoin pricing. That all crypto depends on supply and demand, as bitcoin prices drop, but there are some other altcoin price increases, they do not discount by bitcoin. Conversely, when bitcoin increases, some altcoin discount. I think the altcoin price depends on the trust of investors. Bitcoin does not determine the price of other altcoins.

End of 2018 BTC price is 100.000$ :D :D

At first I used to think that the systems works inverse to one another now I am beginning to believe they work in relation with one another. However, I also believe that relationship is always subject to change, mainly due to whatever the whales are up to.

Bitcoin is the mainstream cryptocurrency the famous and most popular coins in the whole world and the altcoins is under by bitcoin. Bitcoin is crypto king that give hope to people and give profit to everyone.

The price of bitcoin will definitely increase and possibly at times! Based on the graphs of last year!

BTC is the father of cryptocurrencies fluctuation is common in BTC.early in 2018 fluctuations was at climax,even on 6th Feb-18 BTC went down to $6000 because there were some unfavorable news like regularization,some bank barred customers not to use credit cards for BTC trading,facebook ban crypto ads,so these news induced some king of despair in many investors,as a result of which investment were withdrew from BTC,which declined its cost.However after green signals from South Korea,US Senate Hearing,Japan will also create its own cryptocurrency,Bread wallet Switzerland based crypto exchange,started accepting international BTC purchasing through credit cards,these news made BTC price somewhat stable between $8000-$8700 for last 5-6 days.BTC price affect the whole crypto prices.

Yes of course Bitcoin's price decrease or increase will affect the others because Bitcoin is the one that represented for the crypto currency market. Decreasing the price means people are losing their trust on Bitcoin and the cryptos. So it means they will withdraw their money in others altcoins too.

Agree with you. Altcoins, in my opinion, can always be more volatile due to far less popularity with common public and even less predictability of short/long-term gains from them.
There are too many of altcoins in the market, sometimes it's even hard to grasp the difference between them. 

Yes, the price of bitcoin will affect the prices of most other altcoins. As the price of bitcoin rises, so does the price of other altcoins. Bitcoin is the king of all altcoins, and its price has a great influence on altcoins.

Bitcoin is the first and the most successful coin there is in the crypto world, there is no doubt on that. It is the most successful so more often that not, the movement of most of the alt coins are dependent on the movement of the price of Bitcoin. Bitcoin price has a great influence on other alt coins price, that's why when you see a dip on Bitcoin market expect that almost all the alt coins if not all will have a dip too. Bitcoin is indeed the mother of all in the crypto world.

Most of the price from Altcoin drops when the Bitcoin price drops, and as the bitcoin price rises again, Altcoin's price will rise again slowly. It happens because almost everyone who owns Altcoin will sell their coin when Bitcoin price goes down, and will buy again when the bitcoin price goes up again

The rise and fall of bitcoin prices does have an effect on altcoin prices. However, altcoin prices do not necessarily always follow the bitcoin price. It all depends on people's demand for bitcoin and altcoin itself.

All are controlled by whales in the crypto market. The "whale" is nicknamed the billionaire, and it holds the entire crypto market. They always make the market crypto volatile to attract more people into the crypto market. That fever will forever be done by the whales and I really do not know what their purpose is. They scare me trading and I just do the bounty campaign to secure my fortune.

Bitcoin need volume to increase its price,,, everyone sell their other alt coin and Bitcoin price getting increase. When someone wants to buy other alt coin then they sell their Bitcoin and Bitcoin price decrease again. It's look like a circle.

You are spot on with this observation. When bitcoin prices dropped from $18000 to $7000, all the alt coins went in red. Some even completely collapsed due to such a big crash. I think that people simply associate crypto with bitcoins. When I say to my friends that I am investing money in crypto, they simply assume that I am investing in bitcoins. Many of them do not even know that other alt coins even exist. The reason for bitcoin prices affecting alt coins prices is that most of the alt coins are traded with bitcoins only.

Increasing or decreasing Bitcoin negatively affects Altcoin. Bitcoin increased negatively affected. Altcoin prices were pulled down. If Bitcoin goes down, it will also drag down the entire crypto market.

Yes Bitcoins price decreases and increases frequently.because increasing and decreasing of Bitcoin price is a common matter.when people invest so much in Bitcoin the price of Bitcoin increases and on the other hand bitcoin price decreases.