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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Kelampok ijo on May 15, 2018, 01:05:45 PM



Title: The effect of altcoin on bitcoin?
Post by: Kelampok ijo on May 15, 2018, 01:05:45 PM
Since the advent of bitcoin in 2009 led to cryptocurenccy experts competing to make another new coin like bitcoin, this is ALTCoin, where ALTCoin moves at the rate of bitcoin, most people use ALTCoin as the fastest way to collect bitcoin , because the rate or rate is often very promising against bitcoin, began the emergence of many ALTCoin make some coin is just a boom but also many investors and the various types.
What is the effect of increasing the amount of altcoin on bitcoin?


Title: Re: The effect of altcoin on bitcoin?
Post by: qiwoman2 on May 15, 2018, 01:10:52 PM
Well many big Bitcoiners buy and trade cryptos so that they can increase their Bitcoin bottom line. Some people want to be Bitcoin rich and some people want to be dollar rich. So you need to see what you want to do and then decide on how to play the cryptos to your advantage. For me I like both Bitcoin and Altcoins as they give us people much more freedom than what traditional financial markets do.


Title: Re: The effect of altcoin on bitcoin?
Post by: Xester on May 15, 2018, 01:13:58 PM
Since the advent of bitcoin in 2009 led to cryptocurenccy experts competing to make another new coin like bitcoin, this is ALTCoin, where ALTCoin moves at the rate of bitcoin, most people use ALTCoin as the fastest way to collect bitcoin , because the rate or rate is often very promising against bitcoin, began the emergence of many ALTCoin make some coin is just a boom but also many investors and the various types.
What is the effect of increasing the amount of altcoin on bitcoin?

In todays cryptocurrency world everything relies on the bitcoin market and you can observe that when bitcoins value fell down everything fell down and when its up every crypto market becomes green. But with regards to altcoin, the more people altcoins comes in to the coinmarket the more the price of bitcoin goes up since before you can buy any altcoins you will need to have bitcoins.


Title: Re: The effect of altcoin on bitcoin?
Post by: rumexx on May 15, 2018, 01:18:32 PM
Bitcoin remains the leader of all alcoin. Bitcoin is the measure for all altcoin because you compare alltcoin with their strength on bitcoin. Bitcoin influence the altcoins both in price and market movement. So altcoin can not influence the value of bitcoin because they all depend on Bitcoin.


Title: Re: The effect of altcoin on bitcoin?
Post by: mustamin88 on May 15, 2018, 01:37:32 PM
According to me With the altcoin in the world cryptocurrency is very much role for bitcoin.Yang because of the influence of altcoin very much so great to bitcoin that can boost the price of bitcoin itself. Altcoin growth and development in recent times experienced a very significant increase and increase.This also affect the investors to compete to invest in projects on the altcoin.


Title: Re: The effect of altcoin on bitcoin?
Post by: thevlox on May 19, 2018, 01:57:58 AM
Now Bitcoin's reputation on the whole world is included. Bitcoin has become a big place for midea and bitcoin. bitcoin above all cryptocurrency. All other currencies depends on bitcoin. If the price of bitcoin increases, other currency increases and prices rise. Bitcoin prices fall and other currencies decrease.


Title: Re: The effect of altcoin on bitcoin?
Post by: apelmerah on May 19, 2018, 02:06:17 AM
Yes, it is true that there is now an enormous increase in the number of altcoins, and I think it is very good for bitcoin by purchasing altcoins through bitcoin in advance so they can affect the rise in bitcoin prices.


Title: Re: The effect of altcoin on bitcoin?
Post by: sate_padang on May 19, 2018, 02:40:22 AM
These moments are very sharp and plentiful, but also a lot of coins are scammed and that can ruin the good name of bitcoin, and I think there is an altcoin emerging very good today for bitcoin in the future with crypto exchange.


Title: Re: The effect of altcoin on bitcoin?
Post by: cherryscarlett on May 19, 2018, 02:48:02 AM
I think most altcoin is just a hype.
So I just believe in bitcoin, and I don't believe in the tokens of these scams.


Title: Re: The effect of altcoin on bitcoin?
Post by: arifin eky on May 19, 2018, 02:59:11 AM
sometimes bitcoin itself requires a support one of them is altcoin, where the coin is very volatile in its development, people do not hesitate to invest into altcoin karna fantastic.


Title: Re: The effect of altcoin on bitcoin?
Post by: Golftech on May 19, 2018, 03:05:45 AM
The amount of alts may help how investors and traders will gain bitcoin, its the best  way work with this industry, there's both negative and positive effects but it will be depend on how people take there chances, if you know how to play and enjoy the ride then this addition of many alts will be gaining more investors to join and take the risk, better to be more keen to learn.


Title: Re: The effect of altcoin on bitcoin?
Post by: oioi on May 19, 2018, 03:08:27 AM
the effect of many altcoins in bitcoin has little effect, since bitcoin is still the number
one coin in all altcoins, and vice versa applies to altcoin if bitcoin prices rise then altcoin
price increases must rise, bitcoin prices fall in other altcoin prices as well as bitcoin will definitely go down in price.


Title: Re: The effect of altcoin on bitcoin?
Post by: pooya87 on May 19, 2018, 03:44:54 AM
2 effects in my opinion:
1. the reputation damage.
which means when all these useless altcoins and all these scam ICOs are being created and being advertised with bitcoin's name mentioned or sometimes being advertised during bitcoin conferences,.... they damage the entire crypto space and damage bitcoin a little too. the whole market sometimes looks like a scam thanks to all these shitcoins.

2. damage the price.
majority of these shitcoins are only traded against bitcoin. there is no fiat market for them. so when they are getting dumped hard people have to panic sell and these days their big dumps are always initiated with bitcoin price drop. this means these panic sellers have some shitcoin but want fiat, their only option is to dump the shitcoin for bitcoin then sell bitcoin too. that means bitcoin price can technically go lower than usual thanks to these shticoins.


Title: Re: The effect of altcoin on bitcoin?
Post by: Gameroid on May 19, 2018, 03:53:09 AM
Yes, it is true that there is now an enormous increase in the number of altcoins, and I think it is very good for bitcoin by purchasing altcoins through bitcoin in advance so they can affect the rise in bitcoin prices.
Yes that is very right to say, i also think that bitcoin has a very positive impact on bitcoin, the increase in number of  altcoin can also incrase the interest of the people in crytpo currencies, but still it is also a fact that bitcoin is the topmost currency of the world and will even remain as number one for a long long time. no other currency can compact with bitcoin.


Title: Re: The effect of altcoin on bitcoin?
Post by: wilburwilbur on May 19, 2018, 04:01:40 AM
In one way or another, bitcoin and altcoins are affecting each other's price
Remember that (most of the time) when you have to buy an alt coin, you have to buy bitcoin first
In that case the demand of bitcoin will increase as well as the alt coins that are purchased. Hmmm


Title: Re: The effect of altcoin on bitcoin?
Post by: jayar_cabaltera17 on May 19, 2018, 04:08:02 AM
Hello pops what is altcoin sorry newbie here


Title: Re: The effect of altcoin on bitcoin?
Post by: b3llsf1l3s on May 19, 2018, 05:27:20 AM
Since the advent of bitcoin in 2009 led to cryptocurenccy experts competing to make another new coin like bitcoin, this is ALTCoin, where ALTCoin moves at the rate of bitcoin, most people use ALTCoin as the fastest way to collect bitcoin , because the rate or rate is often very promising against bitcoin, began the emergence of many ALTCoin make some coin is just a boom but also many investors and the various types.
What is the effect of increasing the amount of altcoin on bitcoin?

I think it does not impact too much with the growing amount of altcoin every day, because it is the altcoin that depends on market conditions bitcoin. unless the bitcoin price is stable.
because despite the current number of altcoins, not all projects are running as they expected



Title: Re: The effect of altcoin on bitcoin?
Post by: rizqoAD on May 19, 2018, 05:49:05 AM
Increasing the amount of altcoin can have a bad effect on bitcoin when there are now a lot of junk coins in circulation and indirectly damaging people's confidence in bitcoin, obviously it can also damage prices.


Title: Re: The effect of altcoin on bitcoin?
Post by: batang_bitcoin on May 19, 2018, 06:12:46 AM
@jayar_cabaltera17 it means alternative coin = altcoin.

What is the effect of increasing the amount of altcoin on bitcoin?
In exchanges you buy altcoin with bitcoin so it means that you have to use bitcoin as the main currency to purchase every altcoin and that makes the volume of bitcoin higher. But there can be some disadvantage of the quick increase number of altcoins.


Title: Re: The effect of altcoin on bitcoin?
Post by: hv_ on May 19, 2018, 06:25:06 AM
If Bitcoin would be perfect in all thinkable use cases, there would not be much space for alts.

Most alts do their job as an open experimental workbench for Bitcoin itself. So I expect that in time these ideas will be either dropped because the use case is not sustainable or it will be merged into Bitcoin.

The pressure to do these is high since barrier free effects and scarcity , global network effects , KISS and more work as a fix point attractor for a single currency. (Example is Facebook)


Trading inter-crypto is a thing, but its a net zero sum game and tends to less money on most parties. It works only to attract these restricted / limited amount of ppl who seek for risk taking opportunity.


Title: Re: The effect of altcoin on bitcoin?
Post by: oseikuf44 on May 19, 2018, 07:04:10 AM
Alternative currencies have effect of bitcoins price. Bitcoins price increase or decrease is related to how altcoins behave, the more people are into altcoins their bitcoins are converted to altcoins, this,in effect bring the price of bitcoin down. The same way to when more people are into bitcoins, interest in altcoins decreases.


Title: Re: The effect of altcoin on bitcoin?
Post by: onurgozupek on May 19, 2018, 07:08:53 AM
The easiest way to get big income from crypto currencies is to own an altcoin when it's in the dip and that's why each day we see a new  altcoin is being published either by ICO or by some entrepreneurs. Buying and selling altcoins (day trading) volume, income and increase marketcap...


Title: Re: The effect of altcoin on bitcoin?
Post by: Dudeperfect on May 20, 2018, 09:16:26 AM
Well, the other coins have grown over the years in terms of volume and market cap and this is the time when we should stop calling it altcoins. Every coin has its own philosophy and that's how it works. Bitcoin came up with the solution to the issue of the slower dependent transaction process, ETH came up with the smart contract feature to facilitate digital agreements and I don't think any other coin can affect the Bitcoin and vice versa.


Title: Re: The effect of altcoin on bitcoin?
Post by: BitcoinLoan on May 20, 2018, 10:01:25 AM
Well, the other coins have grown over the years in terms of volume and market cap and this is the time when we should stop calling it altcoins. Every coin has its own philosophy and that's how it works. Bitcoin came up with the solution to the issue of the slower dependent transaction process, ETH came up with the smart contract feature to facilitate digital agreements and I don't think any other coin can affect the Bitcoin and vice versa.
This is not to say that altcoin investment is bad. Each investor needs to evaluate their own risk vs. reward ratio and decide whether that’s a good fit for their goals. What is clear is that altcoins are actually not a great hedge against Bitcoin.


Title: Re: The effect of altcoin on bitcoin?
Post by: hubballi on May 20, 2018, 10:07:15 AM
Their are so many ICO are coming and to invest in them the users have to purchase ETH or BTC to invest it so this way the bitcoin and other big altcoin price are traded and when this coin are getting listed they are traded against the bitcoin or eth. So I think altcoin is having effect on bitcoin. As more trading and investing in altcoin will make users to buy more bitcoin which will boost the price of bitcoin.


Title: Re: The effect of altcoin on bitcoin?
Post by: shesheboy on May 20, 2018, 10:20:17 AM
Their are so many ICO are coming and to invest in them the users have to purchase ETH or BTC to invest it so this way the bitcoin and other big altcoin price are traded and when this coin are getting listed they are traded against the bitcoin or eth. So I think altcoin is having effect on bitcoin. As more trading and investing in altcoin will make users to buy more bitcoin which will boost the price of bitcoin.

Ico's have their own coins or tokens which means you do not necesisarily need to purchase btc or eth in order to invest or participate on them. You just need to directly purchase the coin via usd or any other payment method such as credit/debit cards , paypal , payza , etc. Thats why i dont think that alts have an effect to the value of btc.

Bitcoin maybe have an effect on altcoin because whenever the btc price fluctuates , the value of altcoin usually follows its movement.


Title: Re: The effect of altcoin on bitcoin?
Post by: brickafterbrickwalldpt on May 20, 2018, 11:09:23 AM
Most altcoins have no impact on Bitcoin because they don't provide anything new. There are many altcoins which introduced something new, but the technology was not implemented in Bitcoin and it didn't succeed. Why? Because Bitcoin which is the most popular cryptocurrency needs to be stable. We can't afford any critical bugs in the code because it would discourage investors and people from using something that was supposed to replace fiat and online banking. Governments and banksters would be delighted if that happened.


Title: Re: The effect of altcoin on bitcoin?
Post by: vivekyuvan on May 20, 2018, 11:19:35 AM
Apparently what is happening right now is a lot of people are dumping there alt coins in order to buy BTC and be there when the hard fork happens and gain some of that Bitcoin Gold. If this is so, after the hard fork BTC should see a slump in price and people will probably start investing in the different alt coins.

Steem is the one I see that is having the most ups and downs, but always within the same range, better said it is practically stagnant, if a lot of people are powering down I am afraid we will see Steem go down in price for a good while, or at best stay at where it is right now.


Title: Re: The effect of altcoin on bitcoin?
Post by: TheClownSong on May 20, 2018, 11:54:02 AM
Since the advent of bitcoin in 2009 led to cryptocurenccy experts competing to make another new coin like bitcoin, this is ALTCoin, where ALTCoin moves at the rate of bitcoin, most people use ALTCoin as the fastest way to collect bitcoin , because the rate or rate is often very promising against bitcoin, began the emergence of many ALTCoin make some coin is just a boom but also many investors and the various types.
What is the effect of increasing the amount of altcoin on bitcoin?

The advantages with many altcoin in market is we have different choice to invest on cryptomarket. Many altcoin is utility token and many like bitcoin as cryptocurrency. Some altcoin have working product and some fail with their project. The most important think before we investing our money in altcoin is we doing some research to minimizing our risk


Title: Re: The effect of altcoin on bitcoin?
Post by: FeatherFan on May 20, 2018, 12:02:11 PM
Since the advent of bitcoin in 2009 led to cryptocurenccy experts competing to make another new coin like bitcoin, this is ALTCoin, where ALTCoin moves at the rate of bitcoin, most people use ALTCoin as the fastest way to collect bitcoin , because the rate or rate is often very promising against bitcoin, began the emergence of many ALTCoin make some coin is just a boom but also many investors and the various types.
What is the effect of increasing the amount of altcoin on bitcoin?
my opinion the effect on bitcoin is absent, even altcoin which depends on the bitcoin value. because bitcoin is a large community, so bitcoin greatly affects altcoin in both price and market movements. and vice versa altcoin can not affect bitcoin in both price and market movements.


Title: Re: The effect of altcoin on bitcoin?
Post by: jhoothmain on May 20, 2018, 12:05:49 PM
Due to increasing demand of alt coins the popularity of bitcoins is decreasing. Now the market cap is being shared .


Title: Re: The effect of altcoin on bitcoin?
Post by: levvv on May 20, 2018, 02:35:14 PM
Since the advent of bitcoin in 2009 led to cryptocurenccy experts competing to make another new coin like bitcoin, this is ALTCoin, where ALTCoin moves at the rate of bitcoin, most people use ALTCoin as the fastest way to collect bitcoin , because the rate or rate is often very promising against bitcoin, began the emergence of many ALTCoin make some coin is just a boom but also many investors and the various types.
What is the effect of increasing the amount of altcoin on bitcoin?

the effect of altcoin existence for bitcoin is it is creating more diversity for cryptocurrency investors.
now peoples not only can buy bitcoin, but we can buy many good alternate crypto other than bitcoin too.
it is like opening the opportunity to investing on crypto for us.


Title: Re: The effect of altcoin on bitcoin?
Post by: tylerderden on May 20, 2018, 05:44:44 PM
Altcoins are made after seeing the popularity of Bitcoin in the economic society. Altcoin are mainly introduced to correct the mistake of Bitcoin and giving more advantage then Bitcoin. Altcoin somehow slowing the progress of Bitcoin in the virtual currency society. Bitcoin is accepted in many country in comparison to other crypto currency and Bitcoin  is more trusted and recommend cryptocurrency too. Litecoin is best then Bitcoin in the matter of money transaction because it clear more transaction in a day in comparison to Bitcoin. In the case of long term investment ethereum ia best then Bitcoin. So there are some effect of altcoin on Bitcoin.


Title: Re: The effect of altcoin on bitcoin?
Post by: vqscyxuo on May 20, 2018, 05:46:31 PM
Altcoin coins may slowly snatch the market share of bitcoin, but I think that as the community's influence expands, more altcoin will push the community forward.


Title: Re: The effect of altcoin on bitcoin?
Post by: careCentre on May 20, 2018, 06:32:45 PM
Bitcoin is the center of the cryptocurrency economy in many ways, and with Bitcoin trading pairs on every exchange, the gravity of Bitcoin is hard to escape. This only becomes truer has people start to take gains or cut losses from altcoins to buy Bitcoin when it goes on a run, and tend to go to altcoins when Bitcoin stagnates or drops. People trade in altcoins as an alternative way to later convert them into bitcoin..


Title: Re: The effect of altcoin on bitcoin?
Post by: Hudadahuda2018 on May 20, 2018, 07:57:11 PM
These moments are very sharp and plentiful, but also a lot of coins are scammed and that can ruin the good name of bitcoin, and I think there is an altcoin emerging very good today for bitcoin in the future with crypto exchange.
I think though altcoin looks very nice, but it's still hard to manipulate bitcoin in the market and when investing despite the crypto exchange. we need to eradicate coin other coin manipulations like bitcoin so we as bitcoin users should be more careful so we will not be fooled by other coins.


Title: Re: The effect of altcoin on bitcoin?
Post by: hurriebra49 on May 20, 2018, 09:34:06 PM
I think bitcoin effect to the altcoins but altcoin not effect to the bitcoin yes it is true some investors are using altcoin to increasing bitcoin and it is great opportunity to increase bitcoin by using other altcoins,


Title: Re: The effect of altcoin on bitcoin?
Post by: Cj29 on May 20, 2018, 09:54:01 PM
As far as i know bitcoin affect altcoin when bitcoin fall price. Because when it happen altcoin will also fall price just like bitcoin. But not all but mostly


Title: Re: The effect of altcoin on bitcoin?
Post by: Phlaser on May 20, 2018, 10:00:53 PM
You are very right on this, which is what I often advise my friends. Chasing Bitcoin is difficult but when you chase altcoins then you are certain of gainnibg more Bitcoin in no time.

Since the advent of bitcoin in 2009 led to cryptocurenccy experts competing to make another new coin like bitcoin, this is ALTCoin, where ALTCoin moves at the rate of bitcoin, most people use ALTCoin as the fastest way to collect bitcoin , because the rate or rate is often very promising against bitcoin, began the emergence of many ALTCoin make some coin is just a boom but also many investors and the various types.
What is the effect of increasing the amount of altcoin on bitcoin?


Title: Re: The effect of altcoin on bitcoin?
Post by: Bonheur on May 20, 2018, 10:07:14 PM
İn the long run strong alts can damage bitcoins reputation but for now they are just things which some of them are obviously worthless, people trade in order to increase their bitcoin.


Title: Re: The effect of altcoin on bitcoin?
Post by: bitllionaire on May 20, 2018, 10:28:34 PM
Well, the other coins have grown over the years in terms of volume and market cap and this is the time when we should stop calling it altcoins. Every coin has its own philosophy and that's how it works. Bitcoin came up with the solution to the issue of the slower dependent transaction process, ETH came up with the smart contract feature to facilitate digital agreements and I don't think any other coin can affect the Bitcoin and vice versa.
This is not to say that altcoin investment is bad. Each investor needs to evaluate their own risk vs. reward ratio and decide whether that’s a good fit for their goals. What is clear is that altcoins are actually not a great hedge against Bitcoin.
Yes that is very right to say that altcoins are bad, there are a lot of altcoins which have very good potential and in future we can expect that they will have very good future, therefore i think that we should try to invest some money in altcoin. Which can in fact give us a very good profit.


Title: Re: The effect of altcoin on bitcoin?
Post by: Luminous-Nova on May 20, 2018, 10:39:06 PM
I think bitcoin is kind of a mother coin for all of them, if u buy altcoin maybe can be rich faster than you buy bitcoin, but i think in future bitcoin price will be go so higher and then ALTcoin is behind the bitcoin :)


Title: Re: The effect of altcoin on bitcoin?
Post by: Reid on May 20, 2018, 10:42:02 PM
Since the advent of bitcoin in 2009 led to cryptocurenccy experts competing to make another new coin like bitcoin, this is ALTCoin, where ALTCoin moves at the rate of bitcoin, most people use ALTCoin as the fastest way to collect bitcoin , because the rate or rate is often very promising against bitcoin, began the emergence of many ALTCoin make some coin is just a boom but also many investors and the various types.
What is the effect of increasing the amount of altcoin on bitcoin?

A big one.
Instead of people just buying one crypto currency they have now this option to select which is the better one. Somehow it also slows down the truth that it will only be bitcoin that will stay for a long time and also the most valuable.
We will see more about it in the future. It will really shock the world wide web. I believe that.


Title: Re: The effect of altcoin on bitcoin?
Post by: ladydark on May 20, 2018, 10:44:44 PM
Its true that most people buy altcoins and find it as a way to increase their bitcoin holdings.If the number of altcoins increases,definitely it would increase the bitcoin usage.


Title: Re: The effect of altcoin on bitcoin?
Post by: xbl1008 on May 20, 2018, 11:09:53 PM
bitcoin is the mother of all coin sure its old and other altcoins are the ones superseded bitcoin the ones who are better than bitcoin the upgraded version so I do think that soon it will affect the performance of bitcoin because the demand will be high people will look forward to something better much faster and more features that can be broader than what bitcoin can offer.


Title: Re: The effect of altcoin on bitcoin?
Post by: kojoannan on May 20, 2018, 11:12:00 PM
Altcoins effect of bitcoins is seen in the behaviour of bitcoin price direction. The more people get into altcoins and ICOs, the more money is shift from bitcoins into these areas. This effect is a reason that bitcoin cant go further in price increase.


Title: Re: The effect of altcoin on bitcoin?
Post by: xuan87 on May 21, 2018, 01:15:37 AM
Yeah most people now are investing in alt coin because they can get more profit and it's easier to be pumped to make profit, the alt coin trade against Bitcoin is very important it will increase the transaction volume, and that can cause the price to fluctuate and when it's fluctuate the traders can trade it and make some profit, so all of crypto are connected and alt coins are important element for bitcoin to grow


Title: Re: The effect of altcoin on bitcoin?
Post by: Stanley Valenzuela on May 21, 2018, 01:41:08 AM
I believe that there will not be any Altcoin that can replace Bitcoin. Altcoin prices always depend on King coin is BTC. You can trade Altcoin to create more BTC in your account.


Title: Re: The effect of altcoin on bitcoin?
Post by: kucritt on May 21, 2018, 01:53:39 AM
we know that the price of altcoin is more good than bitcoin, the price move is fast and i think it will good for investor to invest in this coin, but as we know that it will risky if we invest all of money on altcoin, because maybe the price of altcoin dropping fast. which is we will ,lost our money fast too, so altcoin has the advantages and disadvantages


Title: Re: The effect of altcoin on bitcoin?
Post by: MaidaKalani on May 21, 2018, 02:19:14 AM
Almost all altcoins have different functions and advantages over bitcoin, which is used as their primary weapon to attract people to invest in it. However, to note, bitcoin also has a team capable of mnegadaptasikan new features, which of course features that really useful. Because out there, there are no proven and widely used altcoin features in large quantities on day-to-day transactions. Indeed, some true altcoins have advantages with different algorithms as well as better block time (transaction speed) speeds as well.
The highest bitcoin excess rate is on the largest Company Network and proven security system. It is impossible to defeat by altcoins.
Bitcoin has proven a usability case as a storage value (data). some altcoins have tried to follow in the footsteps by applying to smaller scales such as market predictions, or anonymous transactions. Bitcoin led this for 8 years since it was created until now without system failure.
When altcoin is created, the altcoin is not only competent with the breadth of bitcoin users, development team, and mining systems, but also with large ecosystem startups, open sourcenya projects and bitcoin entrepreneurs.


Title: Re: The effect of altcoin on bitcoin?
Post by: szpalata on May 21, 2018, 06:02:43 AM
we know that the price of altcoin is more good than bitcoin, the price move is fast and i think it will good for investor to invest in this coin, but as we know that it will risky if we invest all of money on altcoin, because maybe the price of altcoin dropping fast. which is we will ,lost our money fast too, so altcoin has the advantages and disadvantages

How good is the price of any altcoin compared to bitcoin? I think you need to elaborate on this. Bitcoin has always dictated the pace in terms of cryptocurrenciy pricing and it seems the altcoins fall with the fall of bitcoin and just a few appreciates whenever bitcoin is appreciating so i don't think they have any major effect on bitcoin apart from these scenarios i have observed personally


Title: Re: The effect of altcoin on bitcoin?
Post by: solopay669 on May 21, 2018, 11:29:36 AM
bitcoin is the main basis of all that exists in the market of crypto-currencies, I think that the fate of all coins will depend on its condition!


Title: Re: The effect of altcoin on bitcoin?
Post by: jhonjhon on May 21, 2018, 11:40:12 AM
we know that the price of altcoin is more good than bitcoin, the price move is fast and i think it will good for investor to invest in this coin, but as we know that it will risky if we invest all of money on altcoin, because maybe the price of altcoin dropping fast. which is we will ,lost our money fast too, so altcoin has the advantages and disadvantages
The quickest it in crease in price, the fastest it also dump. That is commonly happen to some altcoins,not unlike with bitcoin. We know its not getting wise to invest our belongings in here but we also consider that, the more risk the more we have possible in returns.


Title: Re: The effect of altcoin on bitcoin?
Post by: badakjawa on May 21, 2018, 11:44:15 AM
Other altcoins will compete for bitcoin, and the effect is the bitcoin selling power will be small, as many people invest in altcoin rather than bitcoin.

let alone today we see bitcoin has lost many users, because of bad service such as expensive and long transaction time. and it keeps some users go away from bitcoin.

then also banks are more interested in Ripple than bitcoin.


Title: Re: The effect of altcoin on bitcoin?
Post by: BitcoinHodler on May 21, 2018, 11:46:22 AM
it usually is the other way around meaning bitcoin is affecting altcoins and not the reverse although it may exist on a smaller scale. the effects are usually in a way that whenever bitcoin is dropping altcoins drop too. but that is only the price, as for technology altcoins have been mostly copying bitcoin and not really innovating much.


Title: Re: The effect of altcoin on bitcoin?
Post by: ice guy john on May 21, 2018, 12:16:56 PM
Since the advent of bitcoin in 2009 led to cryptocurenccy experts competing to make another new coin like bitcoin, this is ALTCoin, where ALTCoin moves at the rate of bitcoin, most people use ALTCoin as the fastest way to collect bitcoin , because the rate or rate is often very promising against bitcoin, began the emergence of many ALTCoin make some coin is just a boom but also many investors and the various types.
What is the effect of increasing the amount of altcoin on bitcoin?

to me the only use of an alt coin is to get more bitcoin. Most of the alts coins out there are just pure garbage. Some are completely dead, some were just fraudlent to begin with and some will just not be able to do what they say. In this bitcoin is the only coin u should ideally hold over a long term.

Indeed i think that only when the purge of all the various alt coins happen can one trully say a bottom has been reached


Title: Re: The effect of altcoin on bitcoin?
Post by: pencuri hati on May 21, 2018, 12:50:54 PM
for me altcoin has no effect on bitcoin on any aspect because I think bitcoin is the parent of all coin coins popping up nowadays.


Title: Re: The effect of altcoin on bitcoin?
Post by: jaaeeeyyyy on May 21, 2018, 03:06:07 PM
Since the advent of bitcoin in 2009 led to cryptocurenccy experts competing to make another new coin like bitcoin, this is ALTCoin, where ALTCoin moves at the rate of bitcoin, most people use ALTCoin as the fastest way to collect bitcoin , because the rate or rate is often very promising against bitcoin, began the emergence of many ALTCoin make some coin is just a boom but also many investors and the various types.
What is the effect of increasing the amount of altcoin on bitcoin?
As i seen and noticed on the market, when bitcoin rises and so does the other coin or alternative coins,  i guess altcoins ( not preferring to all but like 60%) most of them are dependent on bitcoins value like ethereum , ripple and dogecoin. As of now the question should be the effect of altcoin on bitcoin since many coins now are appearing and the market is now crowded.


Title: Re: The effect of altcoin on bitcoin?
Post by: btcdevil on May 21, 2018, 04:14:04 PM
Since the advent of bitcoin in 2009 led to cryptocurenccy experts competing to make another new coin like bitcoin, this is ALTCoin, where ALTCoin moves at the rate of bitcoin, most people use ALTCoin as the fastest way to collect bitcoin , because the rate or rate is often very promising against bitcoin, began the emergence of many ALTCoin make some coin is just a boom but also many investors and the various types.
What is the effect of increasing the amount of altcoin on bitcoin?
As i seen and noticed on the market, when bitcoin rises and so does the other coin or alternative coins,  i guess altcoins ( not preferring to all but like 60%) most of them are dependent on bitcoins value like ethereum , ripple and dogecoin. As of now the question should be the effect of altcoin on bitcoin since many coins now are appearing and the market is now crowded.

But if you properly see the fiat currency trading in altcoins then their is more fluctuations in fiat trading in altcoins then in bitcoins. So now i think users are now mostly trading in fiat currency in altcoins. So i think bitcoin affect is getting less as now cryptocurrency are even traded through fiat currency.


Title: Re: The effect of altcoin on bitcoin?
Post by: abiola1 on May 22, 2018, 09:25:56 PM
Bitcoin is the center of the crypto economy in many ways, and with BTC trading pairs on every exchange, the gravity of Bitcoin is hard to escape. This only becomes more true has people start to “take gains” or “cut losses” from alts to buy Bitcoin when it goes on a run, and tend to “go to alts” or “go to fiat/USDT” when Bitcoin stagnates or drops.


Title: Re: The effect of altcoin on bitcoin?
Post by: AlexAtom on May 23, 2018, 03:01:50 AM
Since the advent of bitcoin in 2009 led to cryptocurenccy experts competing to make another new coin like bitcoin, this is ALTCoin, where ALTCoin moves at the rate of bitcoin, most people use ALTCoin as the fastest way to collect bitcoin , because the rate or rate is often very promising against bitcoin, began the emergence of many ALTCoin make some coin is just a boom but also many investors and the various types.
What is the effect of increasing the amount of altcoin on bitcoin?

altcoins will makes bitcoin develop or even forking to other kind of bitcoin that have an advantages over bitcoin.
you can see bitcoin has been forked into other coin many times. cryptocurrency in our world will keep developing.


Title: Re: The effect of altcoin on bitcoin?
Post by: jpespa on May 23, 2018, 03:12:31 AM
I don't think there are so much effect on the increase of amount of altcoins to bitcoin since not all altcoins becomes successful and whether they become successful or not they may go to the flow of bitcoin but would not be able to compete much since bitcoin is still the best in terms of profitability.


Title: Re: The effect of altcoin on bitcoin?
Post by: mybtc1234 on May 23, 2018, 05:54:14 AM
Bitcoin’s price movement generally affects altcoin prices. The relationship isn’t always predictable, but there are some common trends.


Title: Re: The effect of altcoin on bitcoin?
Post by: Tomb_Goon on May 23, 2018, 06:11:25 AM
Altcoins can be a good and a bad thing for BTC. At first, they brought some sort of validation to the world of Crypto as a whole and made more people trust in the fact that Crypto is going to be around for quite a while so they should avoid being left behind by the bandwagon. Now, on the other hand, the emergence of better functioning coins as products of hard forks or just coin creation (Bitcoin Cash, ETH etc, it puts more pressure on a coin like BTC which is slowly beginning to look like a relic in the greater picture of how much development has been made to better Blockchain tech.


Title: Re: The effect of altcoin on bitcoin?
Post by: @rt27 on May 23, 2018, 06:22:00 AM
For me there are two kinds of effect
1: advantage - the more the merrier. More advantage to choose good coins that have potential in the future.
2: disadvantage - the more altcoins come the more chance of scam.

Whether we like it or not the fittest can survive.
Weak altcoins will cast out and remain nothing purpose in crypto.


Title: Re: The effect of altcoin on bitcoin?
Post by: mudasarali43 on May 25, 2018, 09:27:29 PM
Peoples are using altcoin to increase bitcoin by using different exchanges and the exchanges are showing the trend also where the investors are moving I think if investors are buying altcoins than the price of altcoins and bitcoin both will increase because if they want to buy altcoin they have need to buy bitcoin and in this way both have increased the price,


Title: Re: The effect of altcoin on bitcoin?
Post by: Cointertrade on May 25, 2018, 09:39:07 PM
Since the advent of bitcoin in 2009 led to cryptocurenccy experts competing to make another new coin like bitcoin, this is ALTCoin, where ALTCoin moves at the rate of bitcoin, most people use ALTCoin as the fastest way to collect bitcoin , because the rate or rate is often very promising against bitcoin, began the emergence of many ALTCoin make some coin is just a boom but also many investors and the various types.
What is the effect of increasing the amount of altcoin on bitcoin?

In my entire duration since I entered bitcoin I observed that altcoins depends on bitcoin when it comes to price. But I collect my bitcoin through collecting altcoins from different bounty campaign. It has good effect to bitcoin since many of us invest first in altcoins and eventually invested in bitcoin. If the altcoin has the potential then the price will increase together with bitcoin.


Title: Re: The effect of altcoin on bitcoin?
Post by: addeqt on May 25, 2018, 09:44:17 PM
I am no hater of alts but I think one of the effects is that people have a lot to choose from. And when there are a lot to choose from, the investment which should be focused on a single coins could be divided into pieces. But on the benefits is synonymous to its disadvantages. Since there are several alts, it leverages the whole crypto world and provide advertisement not only to the alt but to the bitcoin too. I think that those who have invest in alts is also an investor in bitcoin. But there are people who invest in bitcoin that is not an investor of alts. Currently some people what a whole amount of coin rather than a point of it, thus people see alts as a good option.


Title: Re: The effect of altcoin on bitcoin?
Post by: zolfa on May 25, 2018, 09:46:35 PM
Peoples are using altcoin to increase bitcoin by using different exchanges and the exchanges are showing the trend also where the investors are moving I think if investors are buying altcoins than the price of altcoins and bitcoin both will increase because if they want to buy altcoin they have need to buy bitcoin and in this way both have increased the price,
I agree with you, that between altcoin and bitcoin affect each other, but I do not understand, will they affect each other forever? because, I analyze every growth altcoin always follow bitcoin, why this can happen? and whether altcoin cannot sustain their value? for example, when bitcoin rises, altcoin also rises, and when bitcoin falls, then altcoin also falls.
do you know what factors make altcoin survive when bitcoin falls?
please explain me with a simple description.


Title: Re: The effect of altcoin on bitcoin?
Post by: turcalata on May 25, 2018, 09:46:53 PM
The opposite is happening too much. But I do not know very much that Altcoin can affect Bitcoin price. Maybe there are only a few coins that we can say so powerful, but it is far from affecting Bitcoin in them.


Title: Re: The effect of altcoin on bitcoin?
Post by: hurriebra49 on May 27, 2018, 12:02:59 PM
I think the altcoin may have not more affect rather than bitcoin to alt coins because bitcoin is king and other altcoin are following the price of bitcoin, when bitcoin goes up or down unexpectedly the whole market will seeing red that is why I think bitcoin is affecting the all other altcoins,


Title: Re: The effect of altcoin on bitcoin?
Post by: almtu on May 27, 2018, 12:17:31 PM
The effect of altcoins to bitcoin is pumping the value and popularity of bitcoin. While new coins come into this crypto world first they should base the value of their coin with the value of bitcoin. Commonly bitcoin will be more well know by the team and by the new investors with it. I think the effect of altcoins to bitcoin is more about advantages. I can't see any disadvantages for that. It will be good for bitcoin to have another new coin that enter to it's reign in crypto.


Title: Re: The effect of altcoin on bitcoin?
Post by: komisan on May 27, 2018, 12:48:27 PM
To my understanding, the emergence of some highly competitive and promising altcoins has actually pile up pressure on bitcoin for improvement. Altcoins like Ethereum, Ripple, Neo and so on are actually grabbing bitcoin behind with their mode of blockchain technology which is highly acceptable to people.
It is the belief of some that before these promising alts will reach the year bitcoin is now, they have probably overtake bitcoin.
So bitcoin need to do more to maintain its leadership.


Title: Re: The effect of altcoin on bitcoin?
Post by: Sandus_Cryptolover on May 27, 2018, 03:28:19 PM
It's best to trade on altcoins than Bitcoin. With altcoins, you can increase the Satoshi values if your Bitcoin. Generally altcoins don't have effects on bitcoins rather Bitcoin got a good hold on almost all altcoins. Most altcoins bleed when Bitcoin tank.


Since the advent of bitcoin in 2009 led to cryptocurenccy experts competing to make another new coin like bitcoin, this is ALTCoin, where ALTCoin moves at the rate of bitcoin, most people use ALTCoin as the fastest way to collect bitcoin , because the rate or rate is often very promising against bitcoin, began the emergence of many ALTCoin make some coin is just a boom but also many investors and the various types.
What is the effect of increasing the amount of altcoin on bitcoin?


Title: Re: The effect of altcoin on bitcoin?
Post by: nieninja53 on May 27, 2018, 09:50:04 PM
I think when peoples are moving to altcoins and investors starts buying altcoins than the demand of altcoin will increased and bitcoin demand will decrease and that is why the price of bitcoin will decrease because all investors are moved to the altcoins,



Title: Re: The effect of altcoin on bitcoin?
Post by: mriansa on May 27, 2018, 10:13:55 PM
the effect of bitcoin that is directly experienced for altcoin is most pronounced from the price effect, when bitcoin prices are increasing then altcoin prices also rise, whereas if bitcoin falls then altcoin prices will also fall.


Title: Re: The effect of altcoin on bitcoin?
Post by: plr on May 27, 2018, 10:22:48 PM
Since the advent of bitcoin in 2009 led to cryptocurenccy experts competing to make another new coin like bitcoin, this is ALTCoin, where ALTCoin moves at the rate of bitcoin, most people use ALTCoin as the fastest way to collect bitcoin , because the rate or rate is often very promising against bitcoin, began the emergence of many ALTCoin make some coin is just a boom but also many investors and the various types.
What is the effect of increasing the amount of altcoin on bitcoin?

Honestly, they put the cryptocurrency in a bad reputation, what I mean are the scam coins, so people many loss their investment to these scam ICO but with legit altcoin, they give bitcoin a good support in the market, but with so many coins in the market it becomes confusing to newbies.


Title: Re: The effect of altcoin on bitcoin?
Post by: aray80 on May 29, 2018, 04:43:44 PM
Altcoin effect to bitcoin is only 50%, because every altcoin change value, of bitcoin price does not increase 100% ... unless bitcoin falls then altcoin price will also decrease ...


Title: Re: The effect of altcoin on bitcoin?
Post by: Julia Wilson on May 30, 2018, 07:52:58 AM
The most of altcoins are traded for Bitcoin, which means you can only buy them (or sell) using Bitcoin. If the Bitcoin price drops down you can usually observe the same move in regard to the altcoin price chart. Also altcoins are (usually) crypto currencies. Therefore alt’s prices will react the same way as Bitcoin in case of government regulations (or macroeconomic factors) concerning crypto currencies.


Title: Re: The effect of altcoin on bitcoin?
Post by: janhllr on May 30, 2018, 08:00:57 AM
It is strongly correlated from what you see in the data trends. Let’s explain the basics then throw some examples.

Simple math, ALT/BTC ratio would decrease if:
- ALT coin’s value drops (i.e. people are selling the ALT coin or trading it for BTC or other ALT coins).
and/or
- BTC value increases (i.e., more demand for BTC from various accounts including USD and ALT coin conversion)

Similarly, ALT/BTC ratio would increase if:
- ALT coin’s value increases (i.e. people are buying an ALT coin by trading BTC or other ALT coins).
and/or
- BTC value decreases (i.e., BTC is cashed out for USD or other currency or traded for ALT coins)


Title: Re: The effect of altcoin on bitcoin?
Post by: MaidaKalani on June 04, 2018, 03:39:11 AM
I do not think there is any effect if an increase in the amount of altcoin in the bitcoin. Because altcoin is not the mother of all coins. It's just that there will be competition among altcoin in circulation.


Title: Re: The effect of altcoin on bitcoin?
Post by: nani culi on June 05, 2018, 05:02:10 AM
Due to increasing demand of alt coins the popularity of bitcoins is decreasing. Now the market cap is being shared .


Title: Re: The effect of altcoin on bitcoin?
Post by: sanida on June 05, 2018, 05:07:26 AM
It is a good side for Bitcoin because it will not stop the demand of Bitcoin everyday there are a lot of traders so the economy won't die.



Title: Re: The effect of altcoin on bitcoin?
Post by: West0813 on June 05, 2018, 05:46:00 AM
I think in the future altcoins will affect bitcoin. Because of high number of altcoins that are introduce in the market every month. There will be more competition between bitcoin qnd altcoins.


Title: Re: The effect of altcoin on bitcoin?
Post by: salintheonline on June 05, 2018, 06:00:15 AM
It is normal for people to panic sell altcoins if bitcoin price is going up quickly. Likewise if bitcoin price is declining rapidly, people will buy altcoins to hedge against the bitcoin price drop.
In general though, most altcoins increase in value faster than bitcoin. Higher risk, higher reward.


Title: Re: The effect of altcoin on bitcoin?
Post by: kulitmanggis on June 05, 2018, 06:21:46 AM
altcoin does not give a definite effect on bitcoin because it can make the effect of only bitcoin, when bitcoin rises altcoin also goes up while when bitcoin down altcoin also goes down.


Title: Re: The effect of altcoin on bitcoin?
Post by: ktmola95 on June 05, 2018, 06:30:14 AM
There are effects of altcoin on bitcoin. There are plenty of altcoins now. Therefore, investors will get divided between them. But alcoins are based on ethereum or bitcoin. Therefore, investors have to hold onto them. Main thing is bitcoin has made a reputation already. Therefore, people tend invest on it. Good thing of altcoins is they helps small investors to grow big. After making a sufficient capital from them, investors invest on bitcoin.


Title: Re: The effect of altcoin on bitcoin?
Post by: sevendust777 on June 05, 2018, 06:36:42 AM
Since the advent of bitcoin in 2009 led to cryptocurenccy experts competing to make another new coin like bitcoin, this is ALTCoin, where ALTCoin moves at the rate of bitcoin, most people use ALTCoin as the fastest way to collect bitcoin , because the rate or rate is often very promising against bitcoin, began the emergence of many ALTCoin make some coin is just a boom but also many investors and the various types.
What is the effect of increasing the amount of altcoin on bitcoin?


Altcoins  rely on Bitcoin as it is the center of the crypto world. People buy and hold more altcoinss just to gain more bitcoins. Some people believe that bitcoin should be the only cryptocurrency. And altcoins as competiton which some has  new different ideas through blockchain. .  It will help bictoin improve more. The increase amount of altcoins are  healthy competition for bitcoin.



Title: Re: The effect of altcoin on bitcoin?
Post by: Keeping Up on June 05, 2018, 06:48:39 AM
Since the advent of bitcoin in 2009 led to cryptocurenccy experts competing to make another new coin like bitcoin, this is ALTCoin, where ALTCoin moves at the rate of bitcoin, most people use ALTCoin as the fastest way to collect bitcoin , because the rate or rate is often very promising against bitcoin, began the emergence of many ALTCoin make some coin is just a boom but also many investors and the various types.
What is the effect of increasing the amount of altcoin on bitcoin?

for me the emergence of altcoin may have indeed resulted to a lot of factors concerning bitcoin.
there may be instances that this have cause negative effect to bitcoin.
but for me overall it has created a more positive effect since they have been the also a factor in promoting cryptocurrency.
let us remember that bitcoin was not created to cater all the needs of people with different purposes upon using cryptocurrency.
through this altcoins more and more people are getting to know bitcoin.
i am just hopeful that time will come that we will be able to totally eradicate altcoin project whose main intentions are just to scam people of their own money.
:D


Title: Re: The effect of altcoin on bitcoin?
Post by: Remainder on June 05, 2018, 06:55:43 AM
For me bitcoin is never affected to the blooming numbers of altcoins in the market, in fact altcoins really rely on bitcoin because if bitcoin price drop altcoins also drop, investors and traders are collecting bitcoin by trading altcoins and convert into bitcoin.


Title: Re: The effect of altcoin on bitcoin?
Post by: Robertqueen2 on June 05, 2018, 07:00:55 AM

Many people keep talking about how other altcoins will surpass Bitcoin in the future and reduce its value. WHY SHOULD BE THERE SUCH A CLASH?. It is not a matter of a competition, it is a matter of being adaptable and modifiable so as to meet the future expectations. It is true that bitcoin has the feature of being the first digital currency in the world, but this does not necessitate that it will still control the market because there are some altcoin that bear a striking resemblance with bitcoin will stabilize the market and create a state of balance.






Title: Re: The effect of altcoin on bitcoin?
Post by: TahuDiniHari on June 05, 2018, 07:11:39 AM
talking about altcoin and bitcoin is very interesting. varied and constantly changing values at all times indicates that both play a role in crypto. My experience, if the bitcoin value rises a lot of altcoin whose value falls. however, if the bitcoin is falling in value, the altcoin value rises significantly.


Title: Re: The effect of altcoin on bitcoin?
Post by: Ntaa on June 05, 2018, 07:16:04 AM
I think with the advent of altcoin can make bitcoin more popular and Altcoin affects the bitcoin price though not so great.
But, there are also negative effects if too many new altcoins appear. many altcoin are scam and this can make a negative effect on bitcoin


Title: Re: The effect of altcoin on bitcoin?
Post by: Turkish88 on June 05, 2018, 07:17:36 AM
I think altcoin effect to bitcoin is minimal, more altcoins depends from bitcoin.
Many alts who traded only for btc totally depends from it


Title: Re: The effect of altcoin on bitcoin?
Post by: newcryptocurrency on June 05, 2018, 07:18:13 AM
According to me With the altcoin in the world cryptocurrency is very much role for bitcoin.Yang because of the influence of altcoin very much so great to bitcoin that can boost the price of bitcoin itself. Altcoin growth and development in recent times experienced a very significant increase and increase.This also affect the investors to compete to invest in projects on the altcoin.


Title: Re: The effect of altcoin on bitcoin?
Post by: Zahrowil Qolbi on June 05, 2018, 07:26:08 AM
if you think that "ALTCoin is moving at bitcoin rate, most people use ALTCoin as the fastest way to collect bitcoin, because the rate or tariff is often very promising against bitcoin, the start of many ALTCoin makes coins just a boom but also many investors and various types. then the feknya will be more advantageous bitcoin. bitcoin prices will soar.


Title: Re: The effect of altcoin on bitcoin?
Post by: Getmon on June 05, 2018, 07:29:39 AM
Since the advent of bitcoin in 2009 led to cryptocurenccy experts competing to make another new coin like bitcoin, this is ALTCoin, where ALTCoin moves at the rate of bitcoin, most people use ALTCoin as the fastest way to collect bitcoin , because the rate or rate is often very promising against bitcoin, began the emergence of many ALTCoin make some coin is just a boom but also many investors and the various types.
What is the effect of increasing the amount of altcoin on bitcoin?

The rise of so many altcoins will affect Bitcoin's price appreciation. Before, when someone decides to join the cryptocurrency, he or she will only choose Bitcoin. Primarily because there is no other coin but only Bitcoin. Now, when a person chooses to enter and invest in crypto, he or she will have so many options. And when I say so many, I do not only mean hundreds. I mean more than a thousand. Bitcoin is not the apple of the eye anymore in crypto world. We know there are several others competing the juicy investment money of crypto supporters.


Title: Re: The effect of altcoin on bitcoin?
Post by: jcarlo on June 05, 2018, 08:04:49 AM
Since the advent of bitcoin in 2009 led to cryptocurenccy experts competing to make another new coin like bitcoin, this is ALTCoin, where ALTCoin moves at the rate of bitcoin, most people use ALTCoin as the fastest way to collect bitcoin , because the rate or rate is often very promising against bitcoin, began the emergence of many ALTCoin make some coin is just a boom but also many investors and the various types.
What is the effect of increasing the amount of altcoin on bitcoin?

I think there no effect altcoin on bitcoin price. Bitcoin still to be leader on market cap. Altcoin reducing bitcoin dominance from december 2017 till now, on december 2017 bitcoin dominant more than 50% and right now bitcoin dominant below 40%.
Altcoin make cryptocurrency market more healthy and investor have more option on their investment


Title: Re: The effect of altcoin on bitcoin?
Post by: cah ndablek on June 05, 2018, 08:12:21 AM
Perhaps with this altcoin the majority of people are more interested in trying to invest in it so the interest for bitcoin can be reduced.But I still support the existence of bitcoin that the price will continue to increase in a relatively long period.


Title: Re: The effect of altcoin on bitcoin?
Post by: felmitof on June 05, 2018, 03:44:25 PM
Altcoin coins may slowly snatch the market share of bitcoin, but I think that as the community's influence expands, more altcoin will push the community forward.


Title: Re: The effect of altcoin on bitcoin?
Post by: daarul50 on June 05, 2018, 04:11:59 PM
Since the advent of bitcoin in 2009 led to cryptocurenccy experts competing to make another new coin like bitcoin, this is ALTCoin, where ALTCoin moves at the rate of bitcoin, most people use ALTCoin as the fastest way to collect bitcoin , because the rate or rate is often very promising against bitcoin, began the emergence of many ALTCoin make some coin is just a boom but also many investors and the various types.
What is the effect of increasing the amount of altcoin on bitcoin?

The effect of an increase in the amount of altcoin is currently not very significant as long as altcoin still refers to bitcoin to determine price movements in the market because with that altcoin manufacturing goal we will know that just to get more bitcoin is not to be a coin that becomes a competitor for bitcoin in ecosystem of cryptocurrency.


Title: Re: The effect of altcoin on bitcoin?
Post by: Salemmia on June 05, 2018, 04:26:38 PM
Everyday new new altr coin listed in the market that will affect the bitcoin price . thats why competition increasing between btc and altr coin .


Title: Re: The effect of altcoin on bitcoin?
Post by: Epimetheus on June 05, 2018, 07:40:38 PM
Bitcoin remains the leader of all alcoin. Bitcoin is the measure for all altcoin because you compare alltcoin with their strength on bitcoin. Bitcoin influence the altcoins both in price and market movement. So altcoin can not influence the value of bitcoin because they all depend on Bitcoin.
Both Bitcoin and altcoins influence the market since the day they were created. Both cryptocurrency brought a lot of change in the economic society. First big change is money transaction facility. People like to use cryptocurrency money transaction facility because cryptocurrency provide their user uninterrupted money transaction facility. With low transaction cost and fast processing facility. Because of cryptocurrency people like to use online shopping sites. Cryptocurrency change the way of investment.  ;)


Title: Re: The effect of altcoin on bitcoin?
Post by: Skieleton on June 05, 2018, 08:14:55 PM
In my opinion it is quite the opposite. Bitcoin regulates the market. Burn for dependence. BTC is increasing the majority of altcoin as well. This is how BTC affects ETH. ETH influences the majority of Alt based on its technology ...


Title: Re: The effect of altcoin on bitcoin?
Post by: Dayan1 on June 05, 2018, 08:42:28 PM
The effect might be two way , one is negatice another is positive. the negative effect might be , bitcoin can reduce it's whales or large investors because of a wider range or variety of alternative coins, while thhe positve effect is gaining more attention , why did I say that? , crypto rose up because of bitcoin thats why when other people that are not engaged in crypto hears the word crypto , they just think of bitcoin , becauyse bitcoin is superior to many alternative coins.


Title: Re: The effect of altcoin on bitcoin?
Post by: bitvalak on June 05, 2018, 09:02:58 PM
Since the advent of bitcoin in 2009 led to cryptocurenccy experts competing to make another new coin like bitcoin, this is ALTCoin, where ALTCoin moves at the rate of bitcoin, most people use ALTCoin as the fastest way to collect bitcoin , because the rate or rate is often very promising against bitcoin, began the emergence of many ALTCoin make some coin is just a boom but also many investors and the various types.
What is the effect of increasing the amount of altcoin on bitcoin?
I think its influence is not very significant, except some altcoins that do have new innovations like ETH. Because I see 85% of the existing altcoin is just as a complement. Then the rest is the one that has an effect on the progress of bitcoin.


Title: Re: The effect of altcoin on bitcoin?
Post by: qwerty12 on June 05, 2018, 09:08:39 PM
I think Altcoin itself was created to be coupled with bitcoin, but some things we can know is that the role of bitcoin against altcoin is more influential than altcoin itself, hence we can assume that altcoin is just a plain metal that can be swapped to the bitcoin, if we think bitcoin is USD and Altcoin is currency of the some country, hence from that to whenever the role of bitcoin and its boom in society will never be replaced, because bitcoin is the first cryptocurenccy created.


Title: Re: The effect of altcoin on bitcoin?
Post by: b3llsf1l3s on June 05, 2018, 10:01:44 PM
Trading inter-crypto is a thing, but its a net zero sum game and tends to less money on most parties. It works only to attract these restricted / limited amount of ppl who seek for risk taking opportunity.

I think this is another way to earn money quickly, either from altcoin developers or from participating parties from ICO, even though there has not been a clear and real product of the altcoin


Title: Re: The effect of altcoin on bitcoin?
Post by: Superways on June 05, 2018, 11:48:01 PM
Perhaps with this altcoin the majority of people are more interested in trying to invest in it so the interest for bitcoin can be reduced.But I still support the existence of bitcoin that the price will continue to increase in a relatively long period.
NO I do not think that if people will invest in altcoin then they will not invest in bitcoin but people invest in altcoin only for a short term trade to grab the opportunity to increase their bitcoin and then they again shift their money to bitcoin and they keep their money in bitcoin for long term. The investor increase for bitcoin if new altcoins advertise the technology.


Title: Re: The effect of altcoin on bitcoin?
Post by: tikanima on June 06, 2018, 03:29:11 AM
I see bitcoin as the leader of altcoin, the price of BTC affects much to the price of Altcoin but the altcoin can not affect the price of Btc.


Title: Re: The effect of altcoin on bitcoin?
Post by: faceoff97 on June 12, 2018, 10:19:45 PM
At some point the demand ia getting lessen which cause the development delayed. On the other hand alterative coins also help cryptosystem reach greater numeber of in the community which basically a benefit for.bitcoin. alternative coins are mostly connected with bitcoin specially on exchanges which is being used as exchange basis.


Title: Re: The effect of altcoin on bitcoin?
Post by: supelle.born on June 12, 2018, 10:25:33 PM
There is some kind of altcoins effect on Bitcoin, but the reverse is more relevant. That is, Bitcoin has a much greater influence on the market and consequently the prices of altcoins.


Title: Re: The effect of altcoin on bitcoin?
Post by: Dangdingdongbray on June 13, 2018, 02:19:57 AM
Do not compare bitcoin with altcoin bebrapa, because bitcoin is the pioneer who obviously has more advantages, and the highest bitcoin excess level is in the largest Company Network and proven security system. Can not be defeated by altcoin.Bitcoin has proven usability case as the value of storage (data). some altcoins have tried to follow the trail by applying smaller scales such as market predictions, or anonymous transactions.


Title: Re: The effect of altcoin on bitcoin?
Post by: sultanali on June 30, 2018, 07:27:25 PM
As the altcoins rate increases the price value and the circulating supply of bitcoin decreases which decreases its demand and its market dominance, hence the existence of altcoin is a threat to bitcoin itself if its starts ganging more followers at an accelerated rate.


Title: Re: The effect of altcoin on bitcoin?
Post by: stayeduptolate on July 02, 2018, 05:01:16 PM
Since the advent of bitcoin in 2009 led to cryptocurenccy experts competing to make another new coin like bitcoin, this is ALTCoin, where ALTCoin moves at the rate of bitcoin, most people use ALTCoin as the fastest way to collect bitcoin , because the rate or rate is often very promising against bitcoin, began the emergence of many ALTCoin make some coin is just a boom but also many investors and the various types.
What is the effect of increasing the amount of altcoin on bitcoin?
Now a days alternate coins has a very huge impact on bitcoin, they are the most important governing factor of valuation of bitcoin, due to some doubtful future of bitcoin and the negative rumours that FUDs snare spreading against bitcoin are some of the cause why people are rushing towards other alternate currencies and thus there is a decrease in demand of bitcoin leading to deflation of valuation of bitcoin, so I think altcoin has a very great impact and yes most obviously affecting the valuation of bitcoin.


Title: Re: The effect of altcoin on bitcoin?
Post by: Silenox on July 02, 2018, 05:06:15 PM
The first coins were more copies of Bitcoin, with minor changes. Over the years, new projects have been emerging and bringing innovations and new uses / variations to Blockchain technology. Today, there should already be some 2000 tokens, but only what is useful will survive and affect this market significantly.


Title: Re: The effect of altcoin on bitcoin?
Post by: bitcoinVPSD on July 02, 2018, 05:16:53 PM
I do not think that the birth of many altcoins has a tremendous impact on the value of bitcoin. We see that bitcoin is still king and it affects the price of the remaining virtual currency. a lot of virtual currency itself eliminates each other for competition and it must depend on the value of bitcoin. Bitcoin is still the virtual currency received the most attention from investors


Title: Re: The effect of altcoin on bitcoin?
Post by: paulk11087 on July 02, 2018, 05:18:02 PM
We are having trouble with the negative comments of those who have lost their money in this way. People new to the market are doing it more often. Anyone who investigates a little and gets these jobs will earn more.


Title: Re: The effect of altcoin on bitcoin?
Post by: Rambogae on July 02, 2018, 05:28:47 PM
Bitcoin’s price movement generally affects altcoin prices. The relationship isn’t always predictable, but there are some common trends.



I think Some people want to be rich in Bitcoin and some people want to be rich in dollars. So you need to see what you want to do and then decide how to play cryptos for your benefit. For me, I like Bitcoin and Altcoin because they give us more freedom than what traditional financial markets do.
Many great Bitcoiners buy and trade cryptos so they can increase their bottom line Bitcoin.


Title: Re: The effect of altcoin on bitcoin?
Post by: PeRo on July 02, 2018, 08:06:59 PM
I don't think altcoins even have any effect on Bitcoin. Maybe just affects the price when thete is exchange between the two coins but thats nothing. Bitcoin mostly affects other cryptocurrencies, without it others might have never even existed. Bitcoin has effect on the whole cryptocurrency market and altcoins follow its price course.


Title: Re: The effect of altcoin on bitcoin?
Post by: silviyako on July 03, 2018, 10:50:55 AM
Altcoins wont have significant effect on bitcoin. All cryptos including altcoins, depend on bitcoin.when bitcoin's price go up others also go up, same as when there is decline in price on bitcoins, other coins also has a decline in their value.


Title: Re: The effect of altcoin on bitcoin?
Post by: maxy1999 on July 03, 2018, 11:29:57 AM
it doesnot effect bitcoin it is always the boss of all coins no any other coin cannot compete with it .


Title: Re: The effect of altcoin on bitcoin?
Post by: monkito on July 03, 2018, 12:18:50 PM
Both are mutually supportive. But in terms of influence. Bitcoin will impact and create effects on ETH and entire market. ETH, on the other hand, broadens the overall development and more and more people know about bitcoin. Altcoin will promote the development of the market from other utilities and performance that are almost close to the community.


Title: Re: The effect of altcoin on bitcoin?
Post by: lincolnmad on July 03, 2018, 12:22:16 PM
Since the advent of bitcoin in 2009 led to cryptocurenccy experts competing to make another new coin like bitcoin, this is ALTCoin, where ALTCoin moves at the rate of bitcoin, most people use ALTCoin as the fastest way to collect bitcoin , because the rate or rate is often very promising against bitcoin, began the emergence of many ALTCoin make some coin is just a boom but also many investors and the various types.
What is the effect of increasing the amount of altcoin on bitcoin?

I think the effect of altcoin into bitcoin is not that big as bitcoin affect altcoin because everytime the price of bitcoin goes down, altcoin price will go down too. I can't see any effect of altcoin into bitcoin though, maybe because the effect is not that big to bitcoin.


Title: Re: The effect of altcoin on bitcoin?
Post by: gasparyu on July 03, 2018, 03:33:38 PM
Altcoins and all other cryptos for that matter depend on the price of the bitcoin.


Title: Re: The effect of altcoin on bitcoin?
Post by: cryptostardom on July 03, 2018, 03:43:52 PM
Since the advent of bitcoin in 2009 led to cryptocurenccy experts competing to make another new coin like bitcoin, this is ALTCoin, where ALTCoin moves at the rate of bitcoin, most people use ALTCoin as the fastest way to collect bitcoin , because the rate or rate is often very promising against bitcoin, began the emergence of many ALTCoin make some coin is just a boom but also many investors and the various types.
What is the effect of increasing the amount of altcoin on bitcoin?
I think the introduction of Altcoin helps to diversify the market. It gives people the chance to have alternatives.
Because many Altcoins were developed to serve an extra function or a flaw with Bitcoin.
Moreover the Ethereum blockchain has made it possible for many Altcoins or projects to evolve and strengthen the community.


Title: Re: The effect of altcoin on bitcoin?
Post by: avoxosuccesful on July 03, 2018, 10:56:25 PM
i think altcoin rely's on bitcoin because bitcoin is the father of all cryptocurrency and has the power to raise all other cryptocurrency, but some other's hold altcoin more just to get more bitcoin. the cost of altcoin can also help improve bitcoin, bitcoin was not created to cater all the needs of people with different purposes upon using cryptocurrency. through this altcoins more and more people are getting to know bitcoin.


Title: Re: The effect of altcoin on bitcoin?
Post by: Ondre on July 03, 2018, 11:01:51 PM
The presence of altcoins will affect the existence of Bitcoin cause these are now options to chose from. Instead of just investing in Bitcoin, people will just invest in these coins since it has cheaper value.


Title: Re: The effect of altcoin on bitcoin?
Post by: Briella18 on July 03, 2018, 11:19:21 PM
I think bitcoin effect to the altcoins but altcoin not effect to the bitcoin yes it is true some investors are using altcoin to increasing bitcoin and it is great opportunity to increase bitcoin by using other altcoins,


Title: Re: The effect of altcoin on bitcoin?
Post by: Blackhammer321 on July 03, 2018, 11:28:46 PM
Since the advent of bitcoin in 2009 led to cryptocurenccy experts competing to make another new coin like bitcoin, this is ALTCoin, where ALTCoin moves at the rate of bitcoin, most people use ALTCoin as the fastest way to collect bitcoin , because the rate or rate is often very promising against bitcoin, began the emergence of many ALTCoin make some coin is just a boom but also many investors and the various types.
What is the effect of increasing the amount of altcoin on bitcoin?
I don't think there is any adverse or negative effect that altcoins could give or have already given bitcoin. If anything, I believe altcoins have become an efficient go-to for people who want to be involved in the crytptocurrency scene yet couldn't afford bitcoin due to it's high demand and high price which makes it harder for these investors to invest.


Title: Re: The effect of altcoin on bitcoin?
Post by: equator on July 03, 2018, 11:32:48 PM
Since the advent of bitcoin in 2009 led to cryptocurenccy experts competing to make another new coin like bitcoin, this is ALTCoin, where ALTCoin moves at the rate of bitcoin, most people use ALTCoin as the fastest way to collect bitcoin , because the rate or rate is often very promising against bitcoin, began the emergence of many ALTCoin make some coin is just a boom but also many investors and the various types.
What is the effect of increasing the amount of altcoin on bitcoin?

Altcoin have very big effect in btc as almost all coins are valued in btc and even this new coin are funded in btc when their project is running. But nowadays as more ICO are based on ETH token that is why btc demand gone down but still as they are valued in btc


Title: Re: The effect of altcoin on bitcoin?
Post by: Zack Lee on July 04, 2018, 08:04:46 AM
Since the advent of bitcoin in 2009 led to cryptocurenccy experts competing to make another new coin like bitcoin, this is ALTCoin, where ALTCoin moves at the rate of bitcoin, most people use ALTCoin as the fastest way to collect bitcoin , because the rate or rate is often very promising against bitcoin, began the emergence of many ALTCoin make some coin is just a boom but also many investors and the various types.
What is the effect of increasing the amount of altcoin on bitcoin?
I think altcoin does not affect bitcoin because altcoin always follows the movement of bitcoin and in this way altcoin prices are decreasing as well because it follows the movement of bitcoin so from that I know if the altcoin effect on the bitcoin is not there



Title: Re: The effect of altcoin on bitcoin?
Post by: Skyenet on July 04, 2018, 11:32:14 AM
Since the advent of bitcoin in 2009 led to cryptocurenccy experts competing to make another new coin like bitcoin, this is ALTCoin, where ALTCoin moves at the rate of bitcoin, most people use ALTCoin as the fastest way to collect bitcoin , because the rate or rate is often very promising against bitcoin, began the emergence of many ALTCoin make some coin is just a boom but also many investors and the various types.
What is the effect of increasing the amount of altcoin on bitcoin?
I think while cryptocurrency is spreading out among the people in the world, we will have at least 10 of the main cryptocurrencies and all the other ones would be just like in real world currencies, the local ones that represent particular projects.


Title: Re: The effect of altcoin on bitcoin?
Post by: NQkeemi on July 21, 2018, 10:15:19 PM
bitcoin is the mother of all coin beyond any doubt its old and different altcoins are the ones superseded bitcoin the ones who are superior to bitcoin the overhauled form so I do feel that soon it will influence the execution of bitcoin in light of the fact that the request will be high individuals will anticipate something better substantially quicker and a greater number of highlights that can be more extensive than what bitcoin can offer.


Title: Re: The effect of altcoin on bitcoin?
Post by: success65 on August 07, 2018, 08:34:46 PM
I think that first you need to decide what you want to get a result. If you are interested in a large increase you need to understand that it is quite risky . and if you are interested in more stable income, you need to choose the test stategii


Title: Re: The effect of altcoin on bitcoin?
Post by: hurikom on August 11, 2018, 10:50:44 AM
As indicated by me With the altcoin on the planet cryptographic money is particularly part for bitcoin.Yang in view of the impact of altcoin especially so incredible to bitcoin that can help the cost of bitcoin itself. Altcoin development and advancement as of late encountered an extremely critical increment and increase.This additionally influence the financial specialists to contend to put resources into ventures on the altcoin.


Title: Re: The effect of altcoin on bitcoin?
Post by: Dumlooke on August 18, 2018, 01:30:22 PM
The vast majority of altcoins are exchanged for Bitcoin, which implies you can just get them (or offer) utilizing Bitcoin. On the off chance that the Bitcoin value drops down you can more often than not watch a similar move concerning the altcoin value graph. Likewise altcoins are (for the most part) cryptographic forms of money. In this manner alt's costs will respond an indistinguishable path from Bitcoin if there should be an occurrence of government directions (or macroeconomic variables) concerning cryptographic forms of money.


Title: Re: The effect of altcoin on bitcoin?
Post by: vladaziya4 on August 18, 2018, 07:32:06 PM
My long-term investment is 6 months, after which I bought an apartment, I waited and hoped for the miracle that finally happened. The main thing to believe.I have always loved and will love a long-term investment, because this requires a better patience, which not everyone has, that's the problem of every failure.  :( :( :(