Bitcoin Forum

Is price of the altcoin is based on price of the bitcoin?I have noticed the price of bitcoin falling down for past few days on same the price of altcoins are also falling down

There is no direct correlation, but the price of Bitcoin significantly affects the prices of altcoins."It may be easy to convert it to altcoins, which is the reason for this effect."
If you follow this site -----> https://bitscreener.com (https://bitscreener.com), You'll find that some altcoins are high and the other reversed.
In general, yes, the change in the price of the bitcoin leads to a change in the prices of altcoins, not vice versa.

It depends on investors and circulation because Both Bitcoin and altcoins are buying the same people so Bitcoin is affected all the coins are similarly down in the market.
But most of the new investors only sell the Cryptocurrencies others are holding the investment so anytime it will going to moon.

There is no direct link between the two, in fact alt coin was made "alt" meaning other than something, making altcoin an alternative coin from Bitcoin. However like there is no direct way to buy some alternative coins yet, Bitcoin and also ETH becomes the tunnel or bridge to buy these coins, frankly. For investors to buy these coins, they buy BTC/ETH first before buying these coins they wanted to buy.

in alot of the times when you see one or multiple big coins drop your altcoins drop with them. at least as far as i have noticed

When I was still very new in it, I couldn't notice anything about it but now I have also noticed that when the price of bitcoin falls, it drops the prices of bitcoin. For the increase of bitcoin, I do not think it affects altcoin so much like it is for decrease.

Many people say directly it affects, but it depends on how far yesterday I see 5% bitcoin some altcoin hasn't been affected later on to reach 10% altcoin movement will start to appear.

Yes, it is. I am here from October 2017, I have read many articles, Researched by own and the result is,  Yes, Altcoins price based on bitcoin price. and the real fact is Bitcoin is the base of all crypto coins. If bitcoin down then every altcoin I mean the crypto market will down too. If bitcoin price will increase then the crypto market will pump too.

Yes, Generally speaking we can postulate that the price of Bitcoin is directly proportional to the price of any altcoin in the crypto market provided every other factor remain constant.  This means that if the price of Bitcoin increases the price of altcoin will also increases and vice versa. However there are few exceptions to the rule.

Bitcoin is the top currency, and others usually follow it, when it dips or spikes.

Correct. Because most altcoins trade against Bitcoin and only a few of them trade against USD as well. So price of Ardor for example is 0,00003390 BTC and not $0,254977 USD.
25 cents is just converted from that BTC price according to current Bitcoin value in dollars. So If Bitcoin falls for 20%, Ardor will fall for the same 20%, unless it goes up or down from those 3390 satoshi.

it is because of dominance of bitcoin in market. It is high so it is effecting altcoin prices

while analyzing this chart now, it's far clean there's a side-wards guide degree in play, which changed into likely liable for the down circulate pausing in Bitcoin -1.12% today. as it stands, the downtrend commenced, and the falling knife was simplest stuck at the side-wards guide line in which there was a bullish engulfing signal.

Yes you are right . If bitcoin goes down instantly all altcoins go down . Why ? The question is simple to answer because all altcoins are connected through pairs on each exchange such as BTC/NEO ; NEO/BTC etc

Asides that, I feel the whole thing have so much gotten to become an issue that most traders already fixed their mind to and with that sentiment ongoing every time, there would always be that pattern happening. There is already that generally spread mentality about bitcoin affecting the market either is a bear rally or bull rally, and it is usually negative, but traders are the ones who make quick decisions to opt out of alts in this kind of stuff so as to be able to gain a good ground with the knowledge that the alt market will start dropping anyway and this is the issue that makes supply to shoot up and then a lot of reds.

There is always some direct and indirect correlation between the two. In the last year there was completely different scenario of the bitcoin and altcoins. In that case when BTC used to go upward then ALT used to come down. Because people had feeling that this is the time when BTC wil profit more and thus they immediately used to sell the ALT and trade it to the BTC. Thus BTC used to spike even further. Vice versa was also true about this pair.

However after the 2018 things have changed, they have got directly proportional to each other and whenever there is downfall of the BTC then there is downfall of the ALT and vice versa. Why it is so, its difficult to say.

this is what you see if bitcoin price is falling down and the altcoin will follow down too. I think this will always happen like this in the future and since altcoin is adjusted their price with bitcoin, altcoin can down too deep if bitcoin is down for more. people hold altcoin because they want to make more bitcoin, but suddenly, bitcoin is getting down and they cannot sell their altcoin because this will makes them getting lost. so they should hold for a while until the altcoin price increases back.

Yes,all altcoins is base on bitcoin because all altcoin is trade on bitcoin so that altcoin become a fiat money and the price also is depending on bitcoin if the bitcoin will goes down all altcoin will goes down and people like to goes down the price of bitcoin because all investors can buy in a low price in altcoin or bitcoin and get a good profit if the price will recover.

Should not be. But I also have seen that.
I am trying to monitor one altcoin and as I my history says it looks like what you have said.
Leaning with bitcoin. No stand alone price. How could that be.
I am guessing because of the exchange. If you look at CMC, you will see there are just three conversions. USD, BTC an ETH. It is like because of this converting thing that we see the altcoins getting more dumped.
But there are some which does not. So I guess it will be investor thing ot the day trade could be the culprit.

Yes, if bitcoin falling down then altcoin follow the bitcoin step to go down. But, it is not for all altcoin. Most of altcoin can be impactful with bitcoin price.
And if bitcoin going up, it's the same situation for altcoin that will be falling down.

I wont argue on your own view but its not totally right if you do really look closely on whats happening on the market then you would really able to identify that not all altcoins would really depend or correlate with bitcoins price since there are coins which do able to rise up or pump when bitcoin price is on decline, not all coins are dependent on bitcoin already which they do have different market but when it comes to dominance on the entire cap then bitcoin would still always be on the lead and theres no doubt on that.,

If you look at the history of changing the prices of bitcoins and altokones, you can trace the pattern in which the relationship is visible. Bitcoin is the basis of all crypto currency.

Yes, in most cases the of altcoin based on bitcoin price cause altcoin are trades against bitcoin. Besides, bitcoin is the head and once the head is affected the area part of the body is also affected

I notice that when i was a beginner here in our forum and also i read some article and thread that when the price of bitcoin fall the other coin or token also falling down and i think the reason why because they depend on what is the bitcoin price.

It can be said that if Bitcoin increases then all in this market will increase and vice versa. I think this market still depends heavily on Bitcoin and we need to get rid of this. For me, all coins that need more USDT currency pairs will probably be better because when Bitcoin prices drop, all coins will not be affected much.

Both have deflationary properties, with supply set steadily tapering up to the next few years so the price of both is almost the same in terms of not quantity but rising and falling prices.

yes you are right altcoin price depends on bitcoin price, when bitcoin price weakens then bitcoin price also weaken while if bitcoin price rise then altcoin price will also rise become very expensive.

Indirectly yes, directly no.

Each altcoin in the long run follows the order of development and thus depending upon which there are more or less investors that pops in. This gives the project different lead and then from there onwards altcoins starts getting the different prices.

What we see in the market on daily basis is just the ups and downs of the whole market capitalism thats causing them (BTC & LTC) to go up and down all the time.

Its not really related with BTC or ALT.

yes, what you're saying is true and I agree with you. and if we can see in the market, whenever bitcoin is down, there will be any altcoin that still increases and the price does not depend on bitcoin price. and usually, the trend of this coins is not correlated with bitcoin price and its changing by itself. I see the coins like this is available on bittrex and other exchanges and it is not adjusted with bitcoin price.

I do not think, however, also implicitly affect each other indirectly because if the bitcoin price is reduced then the price may also be the other can also increase but more or less affect the psychology of investors and do somewhat market fluctuations

Most altcoins are sold through btc and eth with a certain exchange rate, so it's natural that the price of btc decreases will affect the price of the altcoins, which will also reduce the price. In addition, investment in the altcoins is also through investment or otherwise buying btc firstly.

Yes it is same as which you have observed, Bitcoin is a king and all other coins are working according to them If the unexpected movement will occur in the price of bitcoin than all other coins will be affected very badly and the price is going to the dark red zone in some time because bitcoin directly effect on it,

Altcoin prices dropping as bitcoin prices decrease is fundamental. This is the process of cutting the investor's double hole: D

To some extent, we can say that the market value of rest of the crypto coins which are there in the crypto market depends on the value of the bitcoin at any moment. The only reason behind this is that bitcoin is the backbone of the entire crypto market and that at time when the market value of the bitcoin rises higher, it encourages the investors to invest in other crypto coins as well which results in rise in their market value.

actually alt coin made "alt" which means besides something, make altcoin as an alternative coin from Bitcoin. But as there is no direct way to buy some alternative coins, Bitcoin and ETH also become tunnels or bridges to buy these coins.

Bitcoin remain the most successful coin till date! Bitcoin network is mature, extensive and is working. Most altcoin are yet to find there footing and will still need to depend on bitcoin to carry them!

Yes, the altcoins price is really depends on the market movement of bitcoins  once price of bitcoin fluctuate other coins will also follow.

Altcoin price has own promotion while Bitcoin has its own promotion but as we know that both are cryptocurrencies and are the composition of this modern market, so if these two fluctuates the other cryptocurrencies will fluctuates and will affect each other.

In order to remove these affects Bitcoin and other coins are trying hard to remove all these affects. Change in Bitcoin does affect the Altcoin up to great extent but the market thinks the same about other cryptocurrencies if one is with some problem.

Most of the investments and funding done into alts are through BTC ;) (and LTC and ETH- but these got their first funding through BTC again)
But i predict when some alts get their fundamentals so steady they gain their independence and won't correlate with BTC so much anymore. And they independently start to fluctuate other alts ;)

Most of the alts are, Every major exchanges offers BTC pairs in each in every alts out there. Whenever BTC falls the alts follow and the worst case scenario is when BTC gets back to green alts do but in a slowly and irritating one. I only buy alts when it is in hype for trading and sell out when it has no more upcoming events.

Most altcoins are priced on the BTC, so when Bitcoin changes, altcoin fluctuates. So when trading with each other with ALT / BTC pairs, investors should pay attention to the value of BTC.

This can be a proof that crypto currency market how much depends on the bitcoin's growth.The prices falling because most people will get panic while the bitcoin prices falls and also withdraw their money from altcoins too.But all the crypto currencies prices depends on its supply and demand only.

just take the example in this way if you buy something or any product for $10 in USA and if the value of dollar in the global market goes down your product value in other countries goes down as well because you bought it in ($). Same principle for trading BTC is used to buy other coins and their value is depend upon the BTC all the time

right, i think bitcoin is the same as the dollar in cryptocurrency trade, where the two are the basis for the other coins, and dollar is also basis of other currencies. so i guess the two are the safest

indeed in these last months bitcoin prices and all altcoin have a very sharp decline. but in my opinion bitcoin price down does not have the same effect altcoin price drop in bitcoin prices can be influenced as much or at least the investors. the price of bitcoin can be caused by less its investors and also because there are negative issues about bitcoin.

The cost of BTC can only indirectly affect the cost of alcoins. Provided that the total capitalization does not change, and the investment will only flow into another crypto currency.

Bitcoin is the top coin that is being traded by most of crypto users, that's why the altcoins are depending on bitcoin's price. Its like you are knowing the price of a certain product from every country, and you'll get to know that the price is this from this country and this and this then you'll know the price that you should give it to yours.

True, it may look like that when bitcoin price changes, the altcoin prices changes too but it doesn't work this way. Bitcoin prices only have an affect on altcoin prices, sometimes there are altcoins who would retain their good prices even if bitcoin is at dump giving the investors option whether to invest on it or not. Every digital coin is volatile and even if bitcoin is reigning as the number one crypto, price is still based on how a specific token is lose/gain investors in the market.

It is not totally true that altcoins prices are depended on bitcoin, though bitcoin price movement can have effect on altcoins direction but altcoins derived it own price base on value of the coins.

It can be true because bitcoin is the first digital currency that was invented and still bitcoin is supporting other coins as when bitcoin rise in value people start thinking positive about all crypto currency and altcoins, so bitcoin is mother of all altcoins if bitcoin will be high and valuable the whole crypto world will remain high but if bitcoin will fall people won’t trust any crypto then so try to keep bitcoin at top.

we realize or not, but altcoin price still based on bitcoin price and until now, if bitcoin move to the higher price, the altcoin will follow increase and if bitcoin goes down, the altcoin following too. but this is not happening with all of the altcoins because there are some of the coins that are not depends on bitcoin price or bitcoin movements and they will move with their own especially the coins that have a cheap price.

I do not know if bitcoin is directly related to altcoin, but bitcoin is always like a parent of altcoin, when bitcoin falls altcoin too always follow it.

Sometimes I had seen this. I don't know,it had a relationship and all.But it look like that.At this red zone,we can able to convert bitcoin into altcion . Because it will cause some loss.Like this situation,I will just hold my bitcoin.

Probably not all tokens / coins are based on bitcoin prices, while bitcoin down altcoin is another price rise

BTC is the pace setter, other coins tend to follow it's rise or fall.

Bitcoin price is very influential on the price of altcoin because when Bitcoin prices decreased then coins such as altcoin will also decrease investors worry immediately sell their coins on the market

I think this is true, altcoin prices always follow bitcoin prices but not vice versa, if altcoin down bitcoin does not come down. probably because bitcoin is the first crypto currency that many in use.

In that case, all if have to say is just observe the market. Observe the fluctuations of bitcoin and look at its impact on the whole digital market. Let’s not get too far into the past and take the example of most recent bullish and bearish behaviour. In December 2017, when BTC touched 20k dollars, all altcoins were also on their highest values. Similarly, the whole digital market got red when BTC started declining.

I think that it is based on general investments in the whole cryptocurrency market, i think that whenever bitcoin goes up it raises the attention of investors who will go and invest in this market which will make the prices of other cryotocrrencies rise as well, this was the case last year when bitcoin was the thing that everyone talked about for a while and when ICOs launched they were successful and people invested a lot of them, because they realize how much money they can make from investing in cryptocurrency.

I can't say it has direct link between Bitcoin Price & AltCoin Price.But Usually when Bitcoin Price Fell Down Alt coin fell Down huge price.
Like that When Bitcoin Price Up Alt Coins Price Up.

As far as i know, there no relation between bitcoin price and altcoin. But the bitcoin price may influence altcoin price. The tendency of altcoin price going down when the bitcoin price going up is 80%, because everybody sell their altcoin to have bitcoin, and the contrary also be like that, when the bitcoin price going down, the altcoin price will going up because the trader think that is good time to trade altcoin.

Yes, this is a market that can be called interconnected, the other coin is based on the BTC or ETH platform, these are the two strongest coins on the market and once the BTC price increases, other coins also increased. I think that this is hardly going to change their prices. There are not any coin operated independently.

Yes the price of altcoins is indirectly based on the price of bitcoin, what it happens is that even right now the market dominance of bitcoin is huge and many think the market dominance is keep artificially low which means the dominance should be a lot higher so when bitcoin moves it moves all the market along with it whether you like it or not.

It is not that bad but yes, altcoins are always depending on bitcoin for their increase and decrease. Who are investing into altcoins are still somehow depending on bitcoin for their good retunes. This is the reason people prefer keeping both the master and the slave. It is a great combination for long term investments and trading at the same time. I am in favor of investing equally in both coins.

basically yes, the oscillations of these coins are synchronous, however there are altcoins that grow despite the movements of bitcoin

Yes, this is still the situation, in most of the time. Probably will change in a couple of years, and there are always some of course, moving solely for a period of time, but generaly, they are moving to the same direction.

We know that the market has the support of a valuable coin that is called Bitcoin and this coin if fluctuates its affect is on other cryptocurrencies as well because this is a mind game as well, if the market is positive and encourages people to buy the coins then the demand will go on increasing. Conversely, if the market has negativities then demand will decrease and all the crypto currencies will affect a little. But we know that the market is positive and people will see the increase trend soon as the market demand rate in increasing.

You've also noticed too. I thought I'm only one who noticed that if bitcoin drop down the altcoin follow too.
I think there is a connection between altcoin to bitcoin. However it's not impossible because bitcoin is the first crypto coin and lead all altcoin right now.

I agree that altcoin price are based on the price of bitcoin. It is certain that bitcoin control the market. It is the first cryptocurrency to be created on this plannet. Therefore, it has a certain reputation on the planet. That is why Most of coins follow bitcoin. IF bitcoin drop the price, so do other coins.

which you say is true, bitcoin prices are very influential with altcoin prices, when bitcoin prices go up then altcoin prices will also potentially rise, whereas when bitcoin prices collapse then altcoin prices will also collapse.

bitcoin is the first blockchain coin so altcoin price sometimes base on bitcoin price. But there are many coins which do not like that. Example: ICO coins. They base on the success of project more than bitcoin price

Bitcoin has some influence over the market value of the altcoins and rest of the crypto coins which are there in this world. That is because of the reason that bitcoin is the backbone of the entire crypto industry and that things goes up and down with the increase or decrease in the market value of the bitcoin. That is why most of the investors keep a sound knowledge about the bitcoin even if they have invested in some other coin.

there is actually no direct connection between the bitcoin price and the altcoin price, but it depends on the investors and when the bitcoin price decreases then panic happens also in altcoin. so that's what caused the price drop.

There is and the correlation is made by traders. I have this believe as a trader that when bitcoin is in a down trend or showing some huge bear rally, altcoins will end up moving down as well as traders will quickly want to take some profit in such scenario from bitcoin, and the same thing happens to in a huge bull rally.

Now, if I think like this as one trader, imagine how others are thinking as well. Same, right? Take it or leave it, bitcoin has a lot to do generally in the market movement.

There is for sure strong correlation, the tremd are almost always the same, practically in 90% of ocassions, still you can do more % from growing trend on alts, I think

Yeah but not totally depends on Bitcoin
If team is working hard
If project is developing fast then there is no effect of market and bitcoin on it
CyberMiles is perfect example for now
But problem is that team of all project don't do any announcements in dump market that's why mostly Prices of all alts start dumping

I think like this, bitcoin is the first digital currency and has been trusted in the world and is very famous. so when bitcoin prices go down the altcoin holders will panic and sell their coins to exchange real money

Yes I believe that everything follows if bitcoin will go up then all alts will go up when bitcoin go down then all alts will go down also.

I think some times it works like when bitcoin rate fallen down then alts also fallen down but some time i noticed that when bitcoin rates fallen then alt coins are pumping, there cannot be correlation with the price of btc in to the alts, just keep an eye on the news of your alts which makes them pump.

yes the altcoin price is determined from the bitcoin because bitcoin is the parent coin which becomes the largest exchange tool for all coins so if bitcoin price down altcoin will follow to adjust down but if bitcoin rises then altcoin price will also go up after bitcoin price rise

It used to be like this. For example, when bitcoin rises, all the other coins follow it. Now this can not be seen, as many coins are already trying to rely only on their product.

see this https: //coinmarketcap.com/ every bitcoin volume decreases, altcoi volume goes down, and nothing goes beyond the volume of bitcoin ,, this shows that the effect of btc is very big in price growth .. when we find the problem on the growth of btc as much FUD and some ico are scam. it had a profound impact on altcoin price movements,

There is actually no solid proof of evidence it does, however I did observed that every time bitcoin does fall down or decrease its price, most altcoins does the same thing and falls down as well.

I don't really think so, yeah maybe some altcoins do decrease their value as  bitcoin decrease theirs  but there are no real concrete evidence to support this. But it's probably caused by the conversion between them, people who convert tokens to BTC would surely won't exchange until BTC regains its value.

There seems to be a trend where the altcoins follow Bitcoin so when Bitcoin rises, altcoins rise and when Bitcoin drops, altcoins drop as well. That’s just what I tend to see generally, but there are outliers. As Bitcoin’s dominance drops, I don’t think we will see altcoins tied to Bitcoin quite as much but I think the cryptocurrency markets will always be affected when there are general issues that influence the whole sector.

Yes ofcourse. Because altcoin are traded using Bitcoin. so the price of alt also rise or drop with Bitcoin. Price of alt will rise only when there price will rise with respect to Bitcoin.

will in my own thought there is a connection between bitcoin and altcoin  in terms of price value,because when in times of bitcoin value go down,the altcoins is been also affected and its also going down,while in other hand if altcoins will going dump the price value of bitcoin is never been affected,so therere i conclude that,bitcoin is the mainstream of all price value in the market,because whenever happen in btc in crypto market all crypto coins would been affected.

Bitcoin can be compared (although it is not correct) with the stock index, the direction of the price change movement btc determines the direction of movement of altcoins.

I dont think that it is true. Bitcoin is parent coin and stuff is all okay but just because it was first to arrive doesn't mean that it gives rise to the prices of altcoins. Thats completely wrong one and what factors decide the prices of altcoins is different story. The news, investors, development are major factors who decide the ultimate fate of the altcoin prices. Bitcoin never hampers the prices of altcoins and it will never do that. When we see prices dropping along with the bitcoin then it is nothing but whole market cap drop.

I think theres no direct affect on altcoins but because bitcoin is the most common currency on exchanger it affects the other altcoins.Since most of the people exchange there altcoins to bitcoin so the market takes the volume of the people who exchange so if the other altcoins is demmand it also affect the other altcoins.

The market value of the bitcoin really matters a lot and that the market value of this crypto coin also effects the market value of rest of the crypto coins and that this is what happening at this very moment. One of the main reason which is bringing down the market value of all the altcoins is the downfall in the market value of the bitcoin as it gives a bad impression to all the investors who are there in the crypto world.

yes you are right altcoin price depends on bitcoin price when bitcoin price increases then altcoin price will also increase, when bitcoin price collapsed then altcoin will also collapse.

Bitcoin is the king of this market, the reduction in Bitcoin prices will affect all altcoins. This is completely understandable. When Bitcoin increases again, all altcoins will increase several times the current value. ;) ;)

there is an effect for altcoin if bitcoin price is down or up because we know that the altcoin following the bitcoin movements in the market. so wherever bitcoin move, the altcoin will follow but this is not applied for all altcoin because I see that there is the altcoin that still moves up whether bitcoin is down and it's not getting the impact. but all in all, I think all altcoin still following bitcoin and altcoin will adjust their price when bitcoin is up and down in the future.

With the development in the cryptocurrency world so far, I would say there is a correlation when it comes to the movement. Although it is not supposed to be, but I guess since most of the alts are tagged in a way to bitcoin and traders just simply want to keep using their alt position to gain more position in bitcoin, there would always be the possibility of seeing this happen. Although, it has become a norm that every trader already think will happen and that simply on its own affects the market.

Yes, altcoin price is based on bitcoin price. They are mostly attached in a way to the value of bitcoin and that makes them to respond based on that as well. Most of the time, you cannot always predict the direction of bitcoin, but it is easier to predict the direction of altcoin quickly with bitcoin movement. However, it is not all of them that will always follow that path but just few of the alts will be in green at most times when btc is in red.

yes you are right bitcoin price will affect altcoin price because bitcoin price is a benchmark of altcoin price so that when bitcoin price collapsed then altcoin price will also experience destruction. so hopefully bitcoin can be very expensive so altcoin can also be very expensive.

Price of crypto currencies are related to bitcoin price as its the leading coin with the most popularity so when it rises or drops it affects the entire market

It is very unlikely we are going to see any change of that situation in the market bitcoin is still going to be the most dominant coin for a lot of time and it can be argued that many of the current coins would not even exist and this could make the dominance of bitcoin even higher so in my opinion you are mistaken about your prediction I think bitcoin is going to be dominant for decades if not for the entire existence of this market.

Although bitcoin do not have any direct relation with bitcoin, but as bitcoin is founder of all crypto currency and still bitcoin is the topmost crypto currency therefore we can say that it will have some effect on their price, if there is panic selling in bitcoin we will even see the whole market as in downward direction.

The prices of altcoin is depending on Bitcoin prices.But now the things are changing,there are few coins which are surviving independent in the market like Ethereum, Bitcoin cash.These dependency happens due to two reason,one is the alts are generally new to the market and people don't have that trust as they have in old coins like Bitcoin and now ethereum also.Second thing is Lack of information in people.They are still few people who don't even know what there are few other coins other than bitcoin.Things are changing slowly and impact of alts has increased considerably after this fall of Bitcoin.

EOS and ETH clearly show some signs of independence from time to time. The rule will be broken some day.

i think it is because of a dominance of bitcoin in a market. almost all coin follow bitcoin price about rising and fall but remember it's not all coin.

Nowadays, often we have noticed the thing is changing. Sometime some alts rise quite high even when BTC falls. I agree with many who wrote, "it will change". Things are already changing and as months are passing by people will more understand the system and things will gradually become better. Traders I guess just fear the fall of BTC and it frightens them to sell off their alts as well. This are changing, being in various trading groups I see people re changing. They trade in altcoins more when BTC is falling.

I think altcoin price is based on bitcoin price? Altikins price is also downfall as I've noticed Bitcoin's price has fallen for the last few days.

Its not 100% true at all. They never follow each other because there price dependency is merely a hypothesis of current market reaction. All atlcoins have there different modes of development and depending upon which they will get different output in terms of market cap, investors support and thus prices move accordingly.

What we see on regularly basis is the whole market cap moving up and down and thus total market and including all the altcoins within it decides the prices. We feel that bitcoin is being followed, but its not.

Well, most of the time, the price of altcoins now depends on the price of BTC, when the price of BTC drops, the prices of other altcoin also decrease so I think investing in BTC is the most reasonable.

When the value of Bitcoin rises altcoins lose value, or at least their price in BTC falls and when it falls they have to rise but not always

Right but I would not count bitcoin cash as those among the independent coins anyway. The fact is there are still some coins with very strong support and less of huge volatility based on bitcoin movement and this is because they simply have real life usage but if we are really to look at the perception of the overall market, bitcoin still do have some impact on their prices as well. Hopefully, things will get to change over time maybe when the market starts getting to have some real life usage.

Yes,altcoin is base on bitcoin price.because bitcoin is the mother of all coins.not all but majority is base on it.so if the price of btc is down then many altcoin is also down their value.

Well it's true that it's not true that the value of the altcoin are dependent on the value of bitcoin but somehow at the current situation of the cryptocurrencies we couldn't avoid to think that yes it could be dependable upon the situation of bitcoin today. And I'd still believe that bitcoin is the most profitable coin of all crypto that's why value of altcoin is somehow dependent on it.

Yes, exactly, altcoin prices depends from Bitcoin, so if you look at BTC price going up or down, you can see the same with altcoin too. In some cases, altcoin price also depends from market buy or sale trends, but mainly all altcoins depends from Bitcoin.  ;)

Probably no at the first im also thinking that but when i observe the btc is mooning there is so many coins are also dumping so we can't say that

altcoin based price using bitcoin price but this is not for all of the altcoins because even if bitcoin moves to somewhere, there are any altcoin that is not getting an impact of bitcoin price. but we cannot deny that mostly, altcoin price based on bitcoin price especially for the coins which are the oldest coin and the expensive coin in the market like ethereum, dash, zec, monero and litecoin.

 People have been using TA for the past 6 months and have continued to change their stance based on another (cherry picked) graph they pulled some sort of image out of with a new prediction. Crypto is still too new in growth to use any indicator as a reference point.

yes,when bitcoin price is falldown all altcoin price is decrease because all altcoin price depend on bitcoin price so this all based on bitcoin only and all happen in coin market.

Certainly, all coin's price based on Bitcoin. But this isn't a good thing, because when Bitcoin falls every market turns red.
For that developers should create altcoins which don't depend on Bitcoin or other things.

Altcoins are always based on bitcoin. When bitcoin falls alts fall most of the times. When bitcoin goes up, in a bull market alts again falls. If it's a bear market like the present market, with pump in bitcoin price, alts also moves upwards. A stable BTC market is always good for alts.
  Bitcoin being the king literally effects all coins with its movement. It will be good if btc movements doesn't effect alts.

It may just be. However, there are some altcoin who can go up even though the price of the bitcoin very down because they are supported by positive news and have no FUD in the altcoin.

yes you are right altcoin price depends on the condition of bitcoin price, when bitcoin price rises then altcoin price also surely will become very expensive and when bitcoin price goes down also surely altcoin price will also fall to take advantage of such moment to buy coin as much as possible.

You can see that over the last few years altcoin prices are on a bitcoin basis, bitcoin prices are rising and bitcoin prices are down, altcoin prices are down. It can be seen that bitcoin prices are in the down cycle in the long term and this will cause altcoin to keep falling very deep in the coming time so you need to be careful when trading altcoin.

i think yes, we can see now btc is down then many altcoins are down too
although not always like that, but it's often like that

I think that is not always the case, because there is altcoin that rises when bitcoin falls, most people always connect altcoin with bitcoin, but i think it has nothing to do.

That's right. Bitcoin is one ancient coin and its importance in the crypto market makes it almost an influencer for altcoins. This is what you notice whenever you look at the trends, when bitcoin either falls or rises the altcoins follow suit.

Totally true. Bitcoin is the pioneer of all cryptocurrencies so there's no doubt that most of these altcoins we have, its pricing depends on the first and legitimate cryptocurrency which is bitcoin.

One of the principal reasons why Altcoin and Bitcoin charges are intrinsically tied is because in most exchanges, the most famous trading pairs are of the shape altcoin/bitcoin. During most of the cryptocurrency trades, you purchase/promote altcoin using bitcoin and vice versa. Bitcoin is essentially the USD of cryptocurrency. when USD falls or rises, every currency takes successful in some way. Its some thing comparable with Bitcoin.

Yeah, things are gradually beginning to change and things would even change better when we start seeing some coins and tokens with prospect having real life usage as this would make it easy for them to be able to get their own demand and support to bring about its increase in value.

Till now we know the market is more driven by speculation which is why it is so easy to see the market react quickly to bitcoin movement but nothing in this life will ever remain the same, most especially as it gets more matured.

Proceeding from this, there can be no decentralization, because in any case there is the possibility of market manipulation. First and foremost, large whales that feed on all the bitcoins from the wallet of ordinary users, to buy the consequences for a cheap price.

You can see that the current market is fluctuating at bitcoin prices, only a small bitcoin adjustment will cause altcoin to adjust, so when trading altcoin you need to always observe and track bitcoin prices. The market is bearish in the long run so bitcoin prices may continue to decline at any time, you should be careful in every transaction.

But to me now the trend is changing. Now we can see that even if the bitcoin price is decreasing there are some potentially good altcoin whose price is continue to increase, i think now when people realize that the market is taking some correction then they change divert their investment from bitcoin to some other altcoin which they consider as good for investment.

Only if you look at it in USD value not in Crypto ,
If the value of Bitcoin in Fiat drops down then the value of alt-coin in Fiat would also drops down,
We could see some alt-coin that is gaining some increase but if you look at it in USD the price would still be the same or the price drops down because Bitcoin value in USD drops down.

the bitcoin based bitcoin based on the elements are by the elements of the factor of the gía provided or about the policy of the primary policy, but the price of altcoin is fully reserved with gía of bitcoin

Not completely but altcoins needs it to be a bridge so traders and investors can buy it and because bitcoin is going cheaper when they use it to buy altcoins, the demands decrease that leads also to the decrease of the prices of altcoins.

It is expected, most altcoins trade against bitcoin so a significant dip in the price of bitcoin is surely gpin to affect the altcoin market given that most traders have to buy bitcoin in order to get their hands on altcoins.

The dominance has even reduced than before but I see that as a general mentality of the market which affects traders generally when it comes to making altcoin investment decisions.

Beyond all these, I see it more like most traders trying to use the market to increase either their bitcoin or fiat position and in every case, where bitcoin is down, they simply take profit quickly from altcoins and stay out in fiat until further notice and when bitcoin is in a bull run, they simply take profit as well from alts to be a part of the bitcoin long profit.

What I think is that the price of Bitcoins is connected with the economy of the country and festive season and everything else.
 And so the same things applies to altcoins too, therefore it's not wrong to say that the price of Bitcoins and altcoins is interrelated , since the price are based on the same things.
It's not directly connected but it's more like if A is related to B , and C is related to B too then both A and B are related.

For me NO, because the price of each altcoin is based on the market, market is the one who deciding the price of each altcoins. We can say that the price of Bitcoin is also connected on the altcoins because there are some altcoins that is bitcoin pair.

of course bitcoin is very influential on the crypto market. we know how the role and dominance of bitcoin in cryptocurrency. let alone all altcoin users are bitcoin users. so do not be surprised if bitcoin decreases or increases. will certainly impact on altcoin. thats why when you do altcoin trading. You should also analyze the development of bitcoin prices also

For me altcoins price is not base in bitcoin but since bitcoin is the pillar of crypto currency and it is used asedium for trading in cryptocurrency therefore any price movement of bitcoin affects alt coins as it is traded using bitcoin.

In the past few days I did not care about the market because I lost a lot of money when I invested. But I believe this market will soon recover and I will soon get back what I have lost. The current market is almost dependent on the price of the BTC I see so on CMC.

Yes, the altcoins price is really depends on the market movement of bitcoins  once price of bitcoin fluctuate other coins will also follow.

Yeah, and even at that, there are still sometime they still respond pretty fast to the move in the market.
There is no doubt though that some of the coins in the market so far are actually trying to stay independent based on the support they have, but that still does not mean they are totally independent and for anyone to just simply be relaxed.

For ETH though, it sure seems like it is really doing great on its own so far.

Of course I can say that all alternative coils price or based on bitcoin price, because if Bitcoin is the first currency, so all the other currencies are aligning their price with it

Too many people think that bitcoin price is related to altcoin price. When bitcoin price is growing on that time altcoin price is growing but this thinking is not work properly because without bitcoin price so many altcoin growing. If you follow Bob coin you can see this market price is growing but nowadays bitcoin price is going to down.

Not actually related but the thing that the demand of the altcoin are depend on the value of bitcoin. This is what I have observed in the market and as the time goes by, as the value of the crypto in the market goes down I learned that the value of altcoin goes dip also as the valye of bitcoin went dipped too.

No its not but they actually have a one move when bitcoins started to fall because the whole crypto money is decreasing by means of pulling out and panic selling for all crypto. There is only a certain scenarios that this all happens bit not all the times it depends on its dominance.

I don't really understand how the altcoins rate can be tied to the bitcoin rate? They have different blockchain,different owners,different goals...However,we see altcoins falling with bitcoin or growing with it. I'm confused...

I agree.Not just altcoins are dropping its price,but the whole crypto market.Based on the charts from the previous years,bitcoins and altcoins perform different directions,bitcoin is having its upward trend while altcoins are falling down and vice versa.It's just this year 2018 that they move in similar ways.Bitcoin is having its struggles today to recover from its bloody market,same with altcoins who are also having their dump price too.

Altcoin is not centralized on bitcoin,they all move with market trends,all coins have one strategy and one portfolio, so when they crypto market moves up they whole coin moves and when it drops,all coin will drop.

It`s not directly based but in reality, there is correlation. At least with ethereum it`s clearly visible from any graph.

Many say exactly that: the price of bitcoin determines the crypto market and inadvertently thus all altcoins. The reason for this is because BTC is the first crypto to have come into existence as relying on blockchain

Someway somehow All the cryptocurrencies are depending on the Bitcoin price, so by moving of the Bitcoin price we can predict all the currencies to fall or to grow.

Actually bitcoin is the main crypot currency, bitcoin is the very first currency created and other altcoin are following it. For most of the investors bitcoin is the main currency for investment  while they are using other crypto currencies as an optional, therefore when bitcoin price start decrease they also worrying about the decrease in price of other altcoin,.

Altcoins are following Bitcoin movement. When there is a dip usually Altcoins decrease even more but when there is an  increasing
market altcoins can grow much faster than BTC. This is the reason investing in them//

Bitcoin fluctuation of price directly and indirectly effect the altcoins price.Altcoins still need more homework to stable and survive own platform to be independant.May be in future it can be possible but not seems in near future,Good luck altcoins.

There was a time in last year, when these two are used to be reciprocal of one another. But now, they seems to be directly proportional. I am not still sure that whether they are direct or indirect but whatever it is, things are quite good here in crypto. You can make healthy earnings from this. Altcoins are good too to make short term trading and earning on daily basis. Do try them.

You have noticed anything about Bitcoin's falling price, it lowers the price of Bitcoin. For an increase in Bitcoin, I do not think it affects Altcoin so much because of its decline. Many people say it directly affects it but it depends on how far away.

May fluctuations of price is somewhat totally depending on bitcoin price trend. Though some factors affecting it but mostly it coming from btc price.
Altcoins isn't have enough power to be independent from others,  even Ethereum still on the side of btc. If that certain thing(independent) then we surely saw a better market, less volatile and more progress.

You can see that the market is recovering very aggressively, bitcoin is rebounding very fast and is now at $ 6400, this is the right time for you to trade altcoin. Increased bitcoin prices have made the altcoin prices are recovering very strongly. When trading altcoin you must always monitor and observe the bitcoin price to be able to handle when bitcoin prices decrease, bitcoin prices will reduce the altcoin price.

Bitcoin price hugely affects the price of almost any cryptocurrencies, and the only one underlying reason of it is almost all the cryptocurrencies are bought through the Bitcoin, that's why once the Bitcoin drops down, then all the market goes red. It can't be applied vice versa. Current situation on the market is really strange and horrible because you are uncertain of your trades and you can't raise money normally. idk, right now I'm HODLing only, because I know that in just 1 year I'll be able to sell those tokens that I bought on ICOs with high price. Actually I really advice you to put your attention on the project which is called Cryptics, these guys have developed an AI based Trading platfrm which is able to predict the prices of different cryptocurrency assets. THey gonna have the 2nd ICO round soon, I've invested there already.

I think this is true.
Whenever the bitcoin price goes down, it almost pulls the entire market down under it. So I think bitcoin has great influence on the price of the altcoin coin.

The whole crypto market is mainly dominated by Bitcoin. As of now BTC dominance in the market has rose to 42.7%. So, it greatly affects the price of all the altcoins when BTC moves, be it up or down. When Bitcoin goes down the whole market crashes along with it and when it goes up all I can see is green everywhere in the market.

I think this topic is right for margin trading because when bitcoin falls, The price of altcoins is also falling so I think just following all price of altcoins in bitcoin price.

Due to the fact that Bitcoin is a basic asset for almost all altcoins, the correlation between them is very large. While Bitcoin's dominance in the market will remain at the same high level, the trend will continue to exist. I think everything will change with the development of other basic and strong cryptocurrencies.

Most altcoin's prices are depending on bitcoin's price if those altcoins are in bitcoin pairing markets but not all of them is depends on bitcoins, there are some that depends on ethereum's price.

If you think altcoin price is related to bitcoin up and down but you thinking is not suitable because if you follow coinmarketcap you can see without bitcoin price growing too many altcoins growing. I see Dash coin when bitcoin going to down on that time dash coin was the green signal. so altcoin price is not based in bitcoin price.

I believe on what i have to observe also that this ks actually depends on or this is affect the price too of bitcoin for what may ever have to happen also in altcoin , but even though it may happen for we should be always make some study before we judge for what we see is what we can actually believe.

Actualy based on this instances theres are times that we considered that if theres something happen to the price value of bitcoin the altcoins could also been affected but not totally thats the all price of altcoins  is based on the price of bitcoin,but its true that once the bitcoins price is dump all altcoins is been caried away and vice versa will happen of its pump in the market,thats why i must define that bitcoin is the mainstream of  cryptocurrency investment

The relationship between bitcoin prices and most other crypto-currencies is direct. This means that with the growth of prices for bitcoin, prices for altcoins also increase, and vice versa. The most dependent on the bitcoin prices are the prices for Litecoin, DASH and Monero. However, to confirm that the prices of altcoins are completely based on the price of bitcoin is erroneous. There are always exceptions, such as, for example, Ripple.

Bitcoin is the roots of crypto market and it has affects on people which make different perception is different times. When the value is down then we see negative perceptions and when it is fine and goes high then we see positive perceptions. So with these changing the other cryptocurrencies are also affecting little and this is due to thee same nature of cryptocurrencies.

This is because most altcoin prices depend on the price of the BTC, when the BTC increases or decreases, the price of the altcoin is proportional to the BTC. I think coin prices are tight.

I think the bitcoin price will affect all coins including Altcoin .. and only slightly different but it remains influential and if the bitcoin price goes up, Altcoin and other coins will surely go up .. because bitcoin is the first coin in the world of crypto and the top coin among other coins and it will affect Altcoin and other coins ..

well, we can see it now. bitcoin prices are currently on the rise, I feel that soon this will have a significant effect on altcoin prices. I really believe bitcoin affects the price increase on altcoin.

If bitcoin price will start increasing its price then people will start investing money in bitcoin and will try to ignore altcoin, bitcoin is the best option for investment and once bitcoin price will get increasing its price then no doubt that the investors will taking more interest in bitcoin as compare to other altcoin.

in fact the price of almost all altcoin pegged to bitcoin or arguably follow bitcoin price when bitcoin rise then will go up and when down it will come down because almost have same network.

I agree.I think there is really a special connection between the two cryptos.Although they have different potentials respectively,but when it comes to the price movement in the market,they both follow the same trend.When bitcoin starts to recover its price,we may expect that it will also give a positive effect on the side of the altcoins.

The correlation is simply because of how traders perceive the market generally. Altcoins are more like a pump and dump market and most times, since the perception has been like traders quick to dump altcoins for bitcoin in a case where they can move into fiat when bitcoin is going down, or simply get into bitcoin in a bull run, makes it impossible for the altcoins not to suffer from any serious huge movement from bitcoin like someone stated. This makes it more like the altcoins getting the hit most of the time based on bitcoin's movement.

yes, you are right but there are some of the altcoins that do not get the effect from bitcoin price. and if bitcoin price is up or down, this altcoin is just stayed in the price level and only up and down if there are many people wants to invest this coin. but for the other coins will follow wherever bitcoin price goes and will adjust their price with bitcoin price too. and it is because bitcoin is lead the altcoin in cryptocurrency world and bitcoin itself is moving because of supply and demand and the news is out there.

I think there is a connection between bitcoin and altcoin prices because I see if the bitcoin price drops then almost all altcoin will also have a falling price as well if bitcoin prices start to rise then altcoin prices will also rise

In general, in theory they are not related. But when the total market capitalization is growing, the prices go up in the same amount as bitcoin and altcoins.

You can see that the market is fluctuating at bitcoin prices, only a small adjustment of bitcoin prices can cause the market fluctuations.

If bitcoin increases then the altcoin price can recover and if the bitcoin price decreases then the market will decrease accordingly. You can see that clearly when the price of bitcoin fell sharply from the $ 19800 threshold and since then to the moment the market is seriously reduced.

Obviously. The price of the altcoins are depending on bitcoin. If the price goes down then price of altcoin also gets down. There is a connection of them directly or indirectly.

sometime they're related, but in past when bitcoin price down altcoin price rise a lot, maybe because people can buy bitcoin with their fiat and then buy altcoin so it can make altcoin price increased. but now everything got different

I believe that if you join the crypto market a few years ago, you may find that the price of bitcoin is down, the price of altcoin is not likely to decrease and may increase, but in the current time in the first half of 2018 Bitcoin prices are likely to fall sharply, and the market capitalization will fall sharply. I believe that at this time, things are very much influenced by bitcoin prices and only a small fluctuation can cause altcoin prices to fall sharply.

the alternative coins not basd on bitcoin price, slightly there are factors that bitcoins can affect the prices of bitcoin. when pairing to btc if the btc price is low there is posibility that the altcoin comparing price is low.

I think it is just because the Bitcoin holds a huge share in the crypto market and it can be thought of as monopoly vs. a small firm. If the large firm decreases the prices, people will shift to the large firm and the small firm will not be able to set as much costumers as before nor would they be able to lower the prices below their marginal cost. Having said this we are in a position to say that Bitcoin moves the market and has an influence on the rest of the crypto currencies.

We exchange most of the cryptos with BTC.
That's the main reason of why they are price-linked.
A good move could be open every altcoins market with FIAT conversion.

Actually Bitcoin is the main cryptocurrency due to which crypto market started and this is the whole image of the crypto market if any change occurs in the Bitcoin it affects the other cryptocurrencies. if the market value increases and makes better image then the other cryptocurrencies will also get better with it. On the other hand it affects conversely if the Bitcoin value decreases.

There is no evidence about the claim that altcoins are basing there price to Bitcoin. Maybe a coincidence that both parties have the same movement in the market when it comes to pricing.

Yes i strongly agree on that. Bitcoin is the main point of the crypto feild and if the bitcoin drops all kinds of coin in the market will also drop and we are really experiencing this kinds of dropping at this present time and we all see that the bitcoin price drop same with altcoin so that was really a big evidence that bitcoin price really effect everything on the field of cryptocurrency.

This can be said in the sense if you look at the market portion captured by Bitcoin; it is far more than that held by altcoin. Also the market cap matters a lot. Having said that, we can say any movement in the Bitcoin market can also affect the other crypto in the market. With the passage of time, as the prices appreciates for Bitcoin, the remaining crypto will follow.

Most crypto pairings are done against BTC and ETH. To know the value of your tokens when you're selling it you are likely to convert it to BTC or ETH. This makes altcoins quite dependent on BTC.

All altcoins are dependent on Bitcoin value change and that is one of the most important thing that Bitcoin use in maintaining top number one crypto currency in the crypto currency community.

I agree with your opinion but besides at, a few altcoins still increase while bitcoin is going down . The altcoins are influenced by many factors not only depending on bitcoin.

only some altcoin that can do this and the rest still getting down if bitcoin is going down. bitcoin still be used as the adjustment price for every altcoin and the altcoin like or not will follow to wherever bitcoin goes and still behind of bitcoin. there are many people that will sell their altcoin if bitcoin is down because they think that the altcoin that they have will get down too far so they don't want to get more losses. they think that it is better to hold bitcoin than altcoin because their losses will not bigger if they not hold the altcoin.

You know I noticed the same thing. And probably it will sound a bit ridiculous but I think it's because of the fact that the bitcoin is the first crypto of its kind. Therefore it influences the altcoins as a 'parent'. But please, don’t judge me too hard :)

AS far as I understand, this is just because of the share of the market held by Bitcoin which has actually enabled Bitcoin to take and carry the market with its self when there is price appreciation. Also the rise in the prices of Bitcoin gives the general perception that the prices of the other currencies having low worth will also go up as a result of which people invest in them as well which actually pushes the price up.

At first, I think that altcoin prices are heavily dependent on bitcoin, but the fact is not, altcoin and bitcoin have similar properties, namely supply and demand. The amount of supply and demand depends on the activities of each community, both bitcoin nor altcoin communities. So basically, the price of cryptocurrency's largely determined by most of its users.

Not so, the current BTC price is not the king of the market, maybe some other altcoin going upstream with the BTC price.

That is exactly what is happening. It is true because all altcoins are created with some characteristics of bitcoin. Bitcoin is the lead coins so there is no how bitcoin will be affected without the altcoins not touched.

The price of altcoin is on the downswing trend, so the market is always a link, no coin can cross over and a big impact on Crypto. like BTC.

In my own opinion, altcoins price is not exact based on bitcoins but most of the ico tokents today are based on ethereum which is tether to bitcoins and that is the reason why every cryptocurrency is affected when the price of bitcoins decreases in the market.

Yes, it is true. Basically, all kinds of crypto-currency are repeating the price movements of bitcoin. This is due to the high level of bitcoin capitalization compared to other types of crypto currency. The higher the level of bitcoin capitalization, the stronger its dominance over the rest of the crypto currency. Therefore, in order to ensure that this effect does not exist, bitcoin should not differ greatly in the level of capitalization over the altcoyins.

Yes of a truth,the prices of altcoin,rises and fall as a result of Bitcoin,it still affects even etherium,bitcoin is indeed the  king of Cryptos..

some of the altcoin based their price with bitcoin and they watch the bitcoin price for the adjustment. as we can see in the market, many altcoins are getting down when bitcoin price is down and will follow to go up when bitcoin price is up too. this will always happen and it will like this in the future as long as bitcoin still leading the altcoin, altcoin will base their price with bitcoin unless there is a new technology that will better than bitcoin then maybe cryptocurrency will change to something new.

You can see that every move of the market at the moment is moving at the price of bitcoin, the price of the bitcoin adjusting affects the whole market of crypto. Bitcoin is the most valuable coin and the capitol of the drug altcoin runs out into bitcoin. I believe that at this point you should trade short and should not invest long term into bitcoin.

This may be true . Whenever the bitcoin goes up, it almost pulls the entire market up along with it. So I see bitcoin has a great impact on this market.

Cryptocurrency prices seem to rise and fall in synchrony. No one has been able to explain the phenomenon satisfactorily. It could be due to the combination of large number of whales and bots trading based on latest technical and fundamental infos.

Yes. The price of altcoin and bitcoin just depend on psychology of investors and traders. If the price of bitcoin fall down, they start scare, and keep sell own token. It leads to declining market prices.

You can see that both the cypress market is moving in line with the bitcoin price adjustment, only a small bitcoin adjustment makes the market move very steeply, especially the price of altcoin. Bitcoin's share price is the biggest and bitcoin is also the coin of the highest value at the moment, the continuous decrease in bitcoin prices over the past few months has caused investors to start withdrawing from the market.

Not all altcoins suffers from that and bitcoin do not have any connections in any altcoin there is. Falling of altcoin and Bitcoin are all coincidentally events and you should know better that every exchange or trading site has different pricing of every coins so maybe in other exchange you may gain more than  your previous site.

Yes,  sometimes the altcoin price goes higher when btc price increases.  It is the usual thing when the market are down altcoin currently follows the same flow.

But not all altcoin are go to the flow of bitcoin their still few coin going up even bitcoin price are in falling down situation but in over all if bitcoin going down then altcoin go to flow at the same time I think because of btc pair in the market.

Yes, it is. But every altcoin doesn't follow bitcoin trend. Some altcoins are very strong when the market goes deep, all coins follow the trend. But the universal truth in the crypto field, if you bitcoin goes down then the total crypto market means all coins will down too. So, overall, I can say altcoin price based on bitcoin price.

Yes I agree on that, altcoin price really depend on the bitcoin price, we can all see and experience this many times before, if bitcoin drop altcoin is also dropping. I believe that  that everything in crypto feild depends on the bitcoin because bitcoin is really the leading coin on the market place and the trust on bitcoin.

Bitcoin is the main power of the crypto market which includes the Altcoin as well which is less valuable coin however price of many currencies or coins in the crypto market alters with the Bitcoin. It needs a mindset which is depending upon the market situations as we know that different market situations have different negative and positive perceptions so with these changes other currencies also affect a little.

I think that is the general decline of electronic coins. No need to relate to each other because the entire market is down

Totally dominated and we can say that is because with bitcoin being the first, it has more community of supporters than any other coin who are more like die-hard fans.

Most times, altcoins only do better with bitcoin in some sort of consolidation, but every other huge movement in bitcoin affects altcoin pretty badly and that for now is something we just have to keep dealing with until further notice probably when altcoins will be able to stand on their own, but for now, Bitcoin depicts the market movement.

the whole altcoin industry is based on bitcoin until bitcoin prices increase altcoin prices too stay downtrend both the price movement are directly propotential until we see alternative currency which is directly proportional bitcoin is dominant in the industry

This will continue to happen as long as BTC dominance stays how it is or even higher , altcoins dependence on btc as its major trading pair is the factor responsible for this.

see the general chart on CMC to see how btc made alts to follow its graph pattern

Altcoins will be depending on bitcoins price forever, until some of the other cryptocurrency will replace bitcoin from its place in my opinion.

If that altcoin/s ia pairing with bitcoin on crypto markets, then I really believed that it's price is based on bitcoin's price. It means that , when bitcoin's price is pumping it is the same with the altcoins who paired with it.

Not altcoin prices are based on BTC prices, but altcoin is trending to btc, as btc increases, altcoin prices go up and vice versa.

Altcoin is proportional with bitcoin,
If bitcoin increase, altcoin also increase, bitcoin decrease, altcoin also decrease.

look also that this is may depends on what we may ever have to witness for here i may also see that bitcoin up altcoin down well as what i said and observe also here this is depends on how the market moves on.

Yes both of them are defect but to some extent bitcoin has the power of changing the price of other altcoins because bitcoin is the first digital currency which was invented and after that all of the altcoins ash come into being, so I think if the price of bitcoin will be down and people will say negative about bitcoin then all other altcoins will be down automatically.

I believe all Alt coins are heavily influenced by the market price of Bitcoin and Ethereum.
Considering most Alt coins have their equivalent prices in Bitcoin and Ethereum are moreso run on both Bitcoin and Ethereum blockchain.
Therefore, with this immediately the price of either Bitcoin or Ethereum goes down such All coins will be significantly affected.
Likewise it vise versa.

No, the BTC is the leader and has a great influence on the price of other coins, but it is not actually the price of other coins as you think.

Bitcoin is known as base currency which has control over other cryptocurrencies on the basis of its affects. The stock market and other cryptocurrencies also goes with the Bitcoin which is said by experts and said further that it will act independently in future and will not effect other currencies. Altcoin and other best coins moves with the Bitcoin as explained due to its base currency honor.

When the price of bitcoin drops you should invest in very low price coins because they have very little or no effect of bitcoin price. Already their prices are very low. How much they will drop more. I think small coins are good for small investors because small coins have great potential and you can make big money if the price increases a little bit.

Yes it is, ethereum is tether to bitcoins as you can see in the market price and most of the altcoins in the market that are newly introduced or released has base price depending on ethereum so you should always expect that bitcoins affects everything.

a portion of the altcoin based their cost with bitcoin and they watch the bitcoin cost for the change. as should be obvious in the market, numerous altcoins are getting down when bitcoin cost is down and will take after to go up when bitcoin cost is up as well. this will dependably happen and it will like this later on as long as bitcoin as yet driving the altcoin, altcoin will base their cost with bitcoin except if there is another innovation that will superior to bitcoin then perhaps digital currency will change to something new.

Yes, I agree with you. I am here from July 2017. I have Researched by own and the result is Altcoins price based on bitcoin price. If bitcoin down then not only altcoin down, the crypto market will down too. If bitcoin price will pump then the crypto market will pump too.

Of course not, the company of alternativecoin are not basing to the price of bitcoin although
they are competitors in this kind of business and industry but they are separated functionally and they are different by the way.

Because most altcoins are traded with bitcoin. They tend to follow the king.

Yes that's true.History has proven that the market us really dominated by BTC. Also, according to CMC the domination valuation is over 40% and so it shall take a long time for this to wear off. Until then, I guess we'll need to rely on BTC price on the market for a long time.

The entire crypto advertise is mostly ruled by Bitcoin. Starting at now BTC predominance in the market has ascended to 42.7%. In this way, it incredibly influences the cost of all the altcoins when BTC moves, be it up or down. At the point when Bitcoin goes down the entire market crashes alongside it and when it goes up whatever I can see is green wherever in the market.

in the media are spreading news that say that in the near future it is possible to increase the capitalization of the etherium, and by the number can overtake Bitcoin. Of course, if this is true, we will soon be able to see the new leader of the crypto-currency market.

Yes, exactly, altcoin prices depends from Bitcoin, so if you look at BTC price going up or down, you can see the same with altcoin too. In some cases, altcoin price also depends from market buy or sale trends, but mainly all altcoins depends from Bitcoin.

It's been a month already since I join bitcoin forum and from the day I was registered until now I've been checking coinmarketcap about the price movement of bitcoin and altcoins since I am planning to invest into it.And based on my observation I would say that mostly all altcoins are dependent on the value of bitcoin.Whether bitcoin price is ups or downs, same thing will happen to most of the altcoins but not all.

Not all altcoin do obtain their prices from bitcoins price. Some altcoins do well when bitcoins are bleeding in the market and the whole market is bearish. To say altcoins price are base on bitcoins means they are directly related, which is not so.

Bitcoin price influence largely the price of all altcoin in the market. This is the fact that we trader will look upon to. The movement of btc makes the altcoin follow on the direction where it heading. Maybe because btc was uses to peer all altcoin in the market. Furthermore, newcomers use bitcoin as a gateway to cryptocurrency.

I think that is really the case because as we can see, if bitcoin price falls down, alts also seems to follow down and vice versa. That's simply because bitcoin is the base currency of the cryptomarket and alt coins have a pairing value with bitcoin. You can read further on this article (https://www.quora.com/How-strongly-related-is-altcoin-value-to-bitcoin-price) for more.

Since the creation of alternate coins (altcoins) were based on bitcoin itself (which was the first cryptocurrency ever), some altcoins have this direct-proportional relationship with its market value with bitcoin. If a country prohibits the utilization and use of bitcoin, this implies that altcoins would soon follow the trend and eventually lose its value slowly. Although this happens frequently in the market, some altcoins have their established values which are separated from the events happening in bitcoin (i.e. Ethereum).


Most of the time it happens but there are some altcoins that show green positive remarks despite bitcoin falling down in the market. I think that the reason on why that happened is due to some prohibitions made to bitcoin that resulted to some investors shifting their interest towards another coin.

Yeah it is right, when the price of bitcoin fell down Altcoin also sank. The whole market influenced by bitcoin because bitcoin is the leading crypto in the world and small coins take effect of bitcoin. Altcoin prices also grew when bitcoin price was $20000 and when we saw dip in bitcoin price Altcoin also dropped. There is an unseen link between bitcoin and Altcoin.

Not quite so, some altcoin still follow the growth trend in contrast to the BTC, mainly in their project model is really feasible.

The exact altcoin price will depend on the bitcoin price. Because most of us trade on BTC / altcoin.
Bitcoin up = altcoins down
bitcoin down = altcoins sink

This is still an enigma that is to be solved. Some people say bitcoins and altcoin are totally independent from one another and some say the opposite. They establish an inverse relation between these two. Now, this must be solved by the development teams of these both type of coin family. Only then a solid and authentic answer can be obtained. Waiting for them to respond.

Maybe it is. One thing I have come to notice about all these altcoins is that they follow the Bitcoin price; they go down when ever Bitcoin is going down and when Bitcoin is going up a few of them usually follows and some of them still continue to fall, but will only rise when Bitcoin is on a normal fluctuation.

So that means that whenever the price of Bitcoin is going up, altcoins investors will sell out to get the opportunity of invest in in Bitcoin, and when the price of Bitcoin is going down, they will also do the same thing cause the price of altcoins will be going down too. That’s why I’m used to Bitcoin mainly.

I m not sure that there is a connection between them now but perhaps you are right and alt depends on btc price. WE will see at the end of 2018 how things will change as according to the forecast everything will change

Bitcoin's price movement generally affects altcoin prices. Especally now increase of alts value is highly correlated with the increase of BTC.

All altcoin trade with Bitcoin or Ethereum. So I could give an example to understand the price. Now today Bitcoin price is $6500 so, chose an altcoin like Litecoin, so at the same day litecoin price is: 0.01223610 (BTC), now convert this price in USD and remember, after few days Bitcoin price is $6000 and the Litecoin price is 0.01223610 and convert this price in USD then you can see USD price is different. Although you are right that when we can see the BTC price decline then altcoin also. But it's not only the reason it's the global reason.

There are many other coins just like Altcoin which are also less valuable and affect is also there but this is looking unknown thing to all of us because sources are different but affect is same. Besides these all Bitcoin is a base currency which has control and affect over other currencies as well and this is due to the same nature of cryptocurrencies as these all are digital and have same perception for people.

Yes if you were talking about the fact of ethereum than the altcoin price would be totally dependent upon that of the theorem for the treason that a majority of the 10000 bitcoin in the market are based on the ethereum blockchain network and regulated by the erc20 smart contract

The fact is that this is the main advantage of the etherium on the crypto-currency market, What makes it above all competitors. Proceeding from this, I am quite sure that the efirium in the near future will take the leading position among all the crypto-currencies.

yes you are true altcoin price actually would not dare to be much different from bitcoin price aritinya altcoin price movement will be based on bitcoin price, if bitcoin rise then altcoin price will also rise whereas if bitcoin down then altcoin also will decrease.

naturally, the altcoin price depends on the bitcoin price because bitcoin is the price that has become the benchmark for all existing cryptocurrencies, with bitcoin price movement can also determine the condition of altcoin that will occur.

as long as bitcoin still leading the cryptocurrency market, altcoin is only followed bitcoin and will adjust the price with bitcoin price. but I don't think that there is any altcoin that can give more benefits than bitcoin because right now, we still want to make a lot of bitcoin and altcoin is exist to help us to earn more bitcoin.

It is really not news anymore since the market generally is known to dance to the tune of the master bitcoin.

It has been like that for a very long time now and that to me, is simply because a lot of traders perceive altcoin as a way to just make some pretty good money from the market in the long run and nothing so serious at the end of it all when it comes to holding for long term, except few, which is what makes it easy for them to be used to increase their bitcoin and for the fact that we have most of them as btc pair anyway.

Yeah, and most times, a lot of traders these days make use of bitcoin to determine the possibility of movement of altcoins and simply use that as a means to trade the market to their advantage. Even when altcoins are so sold out, the only way they can get to pick up is when bitcoin hits a stage of uptrend from a downtrend with some pretty slow movement, in this way, altcoins usually get to move like dogs that ended up being unleashed after so many years.
Usually altcoins will find their own value only they are having any real life usage. ETH must be a good example here. Even bitcoin was falling it kept rising to touch $1200 levels regard less of what BTC was being valued.

If you look at the current price movement, then your opinion is very much blamed. The bitcoin price rises by itself is not accompanied by some altcoin. Bitcoin prices rise due to information about ETFs and make significant price increases.

yes you are true altcoin price actually would not dare to be much different from bitcoin price aritinya altcoin price movement will be based on bitcoin price, if bitcoin rise then altcoin price will also rise whereas if bitcoin down then altcoin also will decrease. Naturally, the altcoin price depends on the bitcoin price because bitcoin is the price that has become the benchmark for all existing cryptocurrencies, with bitcoin price movement can also determine the condition of altcoin that will occur.

Bitcoin is the king of Cryptocurrency and all information related to Bitcoin will also be related to altcoins. I think more and more good news to Bitcoin will increase market capitalization, which will help the market attract more new investors and the war in this market will become more attractive if people Have faith in this market

Bitcoin is the first and best currency, it has the greatest impact. Although Bitcoin and altcoins do not correlate directly, I think it is indirect. Whenever there is a fluctuation in the Bitcoin market, the altcoin immediately tends to follow. That means that when Bitcoin prices drop, prices for altcoins will tend to decrease and vice versa.

yes you are right I think the altcoin price is according to the bitcoin price movement, when the bitcoin price rises then the altcoin price will also rise and when the bitcoin decreases then the altcoin price will also decrease.

Not really. As you see bitcoin price now are slowly increasing but the altcoin I have is not, I just notice that since I see my altcoin butbi didn't say all. Sometimes when bitcoin price increase altcoin will also follow but this is not always happen.

As reality shows it is not always so. Currently BTC has a strong position, but alts don't do so. So rules of the market change with time.

yes that's right, most of the time when Bitcoin goes up majority of the altcoins in the market goes down only few of them that are potentials are

also rising their value like Ethereum, and more But when Bitcoin goes down most of the altcoins goes up in my observation in this industry.

Much depends on the trend, the market is always different. A lot of trading and noticing various combinations of growth and fall come to the conclusion what strategy to choose. The price of all tokens is largely dependent on ETH and altcoins from bitcoin!

Yes man i am also seeing if bitcoin price falling down other altcoin price dropped. I dont know what is the exact reason for this. But i have huge hope on bitcoin other than altcoins. Bitcoin always king of cryptomarket.

In general, this trend is. But many coins grow by themselves, when bitcoin falls their price does not grow as fast or falls a little. I do not know about you, but I'm a little tired of this situation. I am waiting for new top crypto. And also hope than scam ICO will cease to hinder the development of real projects. Maybe Menlo.one will make it real.

That is right. The market for one coin is not always affected by the other coin and in my opinion, since the price of Bitcoin is on the rise in the current market right now, and is above the $8000 value, there are no big fluctuations in altcoin but eventually altcoin will catch-up with trend. This is because Bitcoin holds a large portion of the market and can affect the remaining coins in one way or the other.

Yes it is, those altcoins that is being released in the market today has a base price of ethereum which is tether to bitcoins and that is the reason why every coin in the market is affected when bitcoins is dumping.

Of course, very many coins depend on bitcoin, but there are coins with the product and technology and when all the coins fall they show growth

Yes, definitely altcoin price based on bitcoin price, the most of altcoins are traded for Bitcoin ALT/BTC which means you can buy or sell them using bitcoin if the Bitcoin price increase up you can usually observe the same move in regard to the other altcoin price.

Btc is the father of all Crypto assets. The prices of all alt will forever depend on Bitcoin.

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.

Since my days of cryptocurrency trading bitcoin dictates the price of altcoin. Bitcoin is the first cryptocurrency before any other altcoins was created. It have the most dominance and controls the cryptocurrency market. Where there is rise in bitcoin, altcoins bleed and when bitcoin falls in price altcoins also bleeds. If you follow bitcoin chart you will notice thats altcoins follows the pattern of its chart. Altcoins only increases when bitcoin maintains and halts its movement.

Maybe because what btc moves is the same with altcoins. Btc is the king and they are under so for most of the time their movement is depend on how btc will move. Of course if you're an altcoin trader, you may want to based your next moved according to the move of King.

now is BTC price depend altcoin BTC is a move in not up altcoin I think a great time to buy altcoin

I think if he can see what is going on the market, he will understand why altcoin price based on bitcoin price. we see that bitcoin price is down and the altcoin gets an impact for this. many of altcoin is going to back to the price before and some of the altcoins is going to down too deep without any chance to get up soon. so I think in a few days ago, actually is the best time to sell the altcoin that we have so we can buy back again at this time.

Yes, Bitcoin is the strongest currency in the crytocurrrency market so it definitely determines other currencies. You can see its market capitalization is huge, other currencies are also trading based on bitcoin platform

There are many Altcoin / Bitcoin trading pairs on the exchange. When they make a profit from the altcoin trade, they will sell them off bitcoin. When bitcoin prices are likely to drop then altcoin go to drop too dramatically due to a sell-off, there are very few coffins with altcoin/usdt trading on the market today.

Altcoins prices are not directly based on bitcoins but it was based on ethereum and eth coin is tether to bitcoins that's why all the prices in the market is dropping when bitcoins is decreasing its price.

The market value of bitcoin does affect the market value of altcoin and rest of the crypto coins but the influence of bitcoin over other crypto currencies is not that much significant as most of the people think of it to be. It is the demand of the altcoin and the overall market cap which decides the market value of any of the crypto coin and that the market value of altcoin is increasing higher because of the higher demand.

The altcoin is a competitor to the bitcoin , so when the bitcoin price increases the altcoin price decrease and when the altcoin increases the bitcoin price increases in this favor the altcoin price is not dependant upon the bitcoin but rather a codependent work

Alts do not only have their prices based on bitcoin lately, we do see them on their dollar value as well. Which can be really useful for people who are not from usa because dollar is really valuable compared to many countries.
For example when bitcoin was worth 20k back in december, it was worth x in my country, now if bitcoin worths 15k it will worth x in my country all the same. So when crypto currencies worths some amount in dollar value when you convert it to your own countries currency it is actually not losing value its actually gaining value.

Whatever the price difference is but there are similarities in the up run and down run of values of both that is why such questions arises why is that so, it may be due to its same nature. Besides other things people have a perception about the cryptocurrency not just for Bitcoin but these all are digital which are of same nature so improvement in one brings improvement in other as well.

yes you are right altcoin price depends on the condition of bitcoin price when bitcoin price increases then altcoin price will also easy to experience price increase so when bitcoin price fall you have to get ready altcoin will fall too.

I am really shocked to see such different comments and ideas. Every time I came here in this section, there is something new coming out form deferent people. Now as you are combining these two things that are completely different and independent of one another in my opinion. But who knows which one is right and what is wrong with this bitcoin and altcoin relationship.

We know that Bitcoin is base currency and all the crypto coins are of same nature that is its digital form. Now Bitcoin has great importance and whenever the price of Bitcoin alters then it has a clear affect on Altcoin as well due to the same nature it causes same perception. Now Bitcoin’s price is on its ways towards high target which will bring success for Bitcoin’s users.

No, not all. There are blocks of cryptocurrencies with a price dependent on each other's value. Ethereum, for example, is not always dependent on the value of Bitcoin.

As I observed in it, when bitcoin price goes up most of the altcoins value goes down only few of them are getting increased too while bitcoin was

rapidly increasing its price value. Meaning, there is an effect then whatever happens on bitcoin altcoins affected it also.

You could say that bitcoin price is partly responsible for altcoin price, as you can see when market or btc in particular is down/up you will predict that the altcoins will soon go to the direction where bitcoin is going. If you want to see a big move in altcoins bitcoin needs to be stable in his price action so that investors can pour their money into altcoins. Bitcoin is still the king of the cryptoverse and altcoins need to go down their knees if bitcoin want it. lol :)

Obviously. The price of the altcoins are depending on bitcoin. If the price goes down then price of altcoin also gets down. There is a connection of them directly or indirectly

Yes in my opinion it happened because Bitcoin is the center of all Altcoins currently in circulation. Bitcoin can be mentioned is the Mother of all coins. so if the price of Bitcoin falls all prices of Altcoin will drop following it, that's because traders sell their Altcoin for their bitcoin.

There is a connection between bitcoin and altcoin prices because I see if the bitcoin price drops then almost all altcoin will also have a falling price as well if bitcoin prices start to rise then altcoin prices will also rise.

Actually not too. There are many altcoins scattered in the crypto market, but not all altcoin prices are based on bitcoin. I have seen in some markets that when bitcoin is rising there is an altcoin that falls. Vice versa.

Cryptocurrency prices seem to rise and fall in synchrony. No one has been able to explain the phenomenon satisfactorily. It could be due to the combination of large number of whales and bots trading based on latest technical and fundamental infos.

I can not say that everything always depends on bitcoin , but in most cases , still depend, because it is a leading cryptocurrency.

Yes, because all altcoins depend on changing the value of Bitcoin and that is one of the most important things Bitcoin uses to maintain the krytocurrancy currency. If an unexpected move will occur in the price of Bitcoin than all other coins will be greatly affected and the price will enter the zone.

For short periods of time, young crypto currencies are more closely associated with the bitcoin course and are more dependent on it. As the popularity of altcoin increases, communication weakens. Altcoins have the same behavior with respect to bitcoin, in moments of significant news.

often altcoin is used as an instrument of multiplying bitcoin, and the relationship between them, depending on the popularity, at the moment all attention is tied to bitcoin and until it completes its logical conclusion, the domination does not decrease

Crypto has a certain known characteristic, Bitcoin being more stable than altcoins and being the king determinant of what happens in the cryptospace whatever action that occurs in btc will have a multiple resultant effect on altcoins, that is why if btc adds 20%, some altcoins will add as much as 50%, and vice versa

The price is not entirely related to this, but since many altcoins are priced in Satoshi, we can say that every price movement indirectly reflects here. We can often encounter situations such as adverse reactions when there are very severe fluctuations, but we can see that there are intense changes in standard price fluctuations depending on the price of Bitcoin. In particular, it is possible to say that USD-based pricing is almost one-to-one followed and that different price fluctuations create similar effects.

Yes, altcoins prices are based on bitcoin price but not all. Try to look at the market prices when bitcoin is down, most altcoins are down also but as what I have said not all. There are still altcoin that is continuously rising even if bitcoin price is down.

I don't think all altcoins depend on the price of bitcoin. well, I only know that what really affects the price of altcoin is ETH. well, you can see at this time that when the ETH price is down, a lot of altcoin prices are also decreasing.

altcoins which doesn't have new development or news will be impacted directly by bitcoin price decreasing , but if they have ,they will not be  affected .strong coins which have strong projects can decrease the impact of this relation with bitcoin price in future .

yes you are altcoin for now depending on the price of bitcoin, when the price movement of bitcoin has decreased then the price of altcoin will also fall and when the price of bitcoin is rising then the price of altcoin will also experience price increases.

Today, no coin price can be based on any coin, the price they develop in a trend is unpredictable, can see that the market is now increasingly degraded, the price of coins fell and many who gave up this market

I also do notice this thing and yes its true. Bitcoin is so dumped right now and most alts dumped too. But when bitcoin is so high like last year, alts also become high. I think one of the reason why it is depended is because bitcoin is a really powerful coin. Like example if the leader of the whole team become weak, the members become weak too.

I think that bitcoin prices and altcoin prices do seem to be interrelated because when the price of bitcoin goes up in price, the price of altcoin will also experience price increases, and vice versa because this altcoin will not dare to go beyond bitcoin price movements.

Yes price of bitcoin affects the prices of the most altcoins,if bitcoin falling down then altcoin follow the bitcoin step to go down,and i think it will be always happen in future since altcoin is adjusted their price with bitcoin

No, it is not. All cryptocurrencies have a value that depends on the state of the market and the mood of investors. This is the same situation as in the usual currency market.

Oh, the majority of the cryptos' prices always depend on the price of Bitcoin. Look at the market - all the tokens are following BTC, going up or down together with it. (sometime with time delay)

Relatively depends. The probability that new cryptocurrencies will soon begin to catch up with Bitcoin itself is high. But, almost all of them will not "overtake" at the price of the top 10 crypto-currencies. They will be more interested in dumping and mastering "their" layer of the population with a lower income.

I think the price of bitcoin has a big impact to all of the cryptocurrency, since bitcoin is considered to be the king of cryptocurrency, it will have an effect to all coins whenever it gets high or low.

Altcoins are always based on bitcoin. When bitcoin falls alts fall most of the times. When bitcoin goes up, in a bull market alts again falls. If it's a bear market like the present market, with pump in bitcoin price, alts also moves upwards. A stable BTC market is always good for alts.
  Bitcoin being the king literally effects all coins with its movement. It will be good if btc movements doesn't effect alts.

Mostly yes, all altcoins in the current moment fully depend on BTC in my opinion, BTC is the deciding trend in current crypto reality.

Most of the peoples of this fourm know cryptocurrency means bitcoin.As a result most are involving to bitcoin trading.This correct that if bitcoin price down the altcoins price is down too because another altcoins based on bitcoin.

of course the price of bitcoin will have an influence on the price of the altcoin, but the big influence on the change in the price of the altcoin is the interest of investors towards the altcoin

the altcoin will adjust their price with bitcoin price and if bitcoin price is down, the altcoin will decrease too so you need to check the altcoin price before you decide to buy the altcoin. as we see on the market, the altcoin now is down too deep because of bitcoin price is down too deep but I am sure that in one day, the altcoin and bitcoin price will increase again. so I think we need to use this opportunity to buy bitcoin and altcoin as the price is on the bottom price so we can expect to make a big profit in the future.

I think, altcoin prices are based on the price of bitcoin because I see that when the price of bitcoin goes down, almost all altcoins also have prices that go down and if the price of bitcoin goes up, it will be followed by the price of the altcoin which will also rise

Prior to 2018, altcoins were based on BTC prices, but altcoin prices are currently trending in a different direction, perhaps in line with market trends and project trends.

yes you are right I think the condition of the altcoin price has a dependency on the condition of the price of bitcoin if the price of bitcoin has risen in price then the condition of the altcoin price will also rise and that is absolute.

That's not true where altcoins base on bitcoin price value, But the price of altcoin affects when bitcoin goes up but not all alts affect by it due to there are few of them also got increased while bitcoin increasing. Therefore, it is still depend on the volume market in the altcoins in my way of thinking of this things.

Who can tell me about Bitcoin in the near future? buy $ 10,000 price down too much  :( :( :(

You need not be a crypto specialist to understand it. Just look at the graphs of the tokens. each time, when Bitcoin goes up, the altcoins start to follow it. When BTC is rolling down, the alts lose in their price.

In the past few days I did not care about the market because I lost a lot of money when I invested. But I believe this market will soon recover and I will soon get back what I have lost. The current market is almost dependent on the price of the BTC I see so on CMC.

Since you need to buy bitcoin in the first place before you can buy altcoins then it's clear to anyone that has been in this market for a long time, that the market of altcoins moves very closely to the market of bitcoin, but there are differences and those small differences allow you to earn a lot of money if you are smart and know how to trade your coins at the right time.

I think it all depends on the platform. but based on the experience I saw, most altcoin prices will decrease when the price of bitcoin drops. it's possible because bitcoin is the most popular crypto.

Not only this time the fall in altcoin prices often followed by falling bitcoin prices. Finally gave birth to a separate assumption especially from its users, that "Altcoin price is based on bitcoin price". This thing happens because bitcoin's often used, as a benchmark or indicator of development all cryptocurrency's circulating.

i think it is only a co incedent because based on my own observation i see that altcoins are more stable while btc is oftenly increasing and decreasing . altcoins value are also based on usd because whenever you check them on etherscan or etherplorer  , you can only see a calculated value of your alts/tokens in usd equivalent .  so thats it , altcoins are not totally based on the bitcoins price because both coins have thier own platform .

Sure. There is a strong relationship between them. You can take easy decision if you see this coin relationship. ALT and BTC ratio decrease if ALT coin value drops and if BTC coin value goes up. Same things just opposite ALT and BTC ratio increase if ALT coins value increase and BTC coins value decreases. If you watch market daily or read the history for all coins than it will be so clear to understand. 

I believe that altcoin price is always depending on th ebitcoin price. And we can all see it from the past few years. Bitcoin is really amazing it is the most popular and profitable coin and I believe that it is the center of the crypto market. So if bitcoin is falling the effect of it in altcoin and some other crypto coin is also a huge dip.

of course not so each product stands alone, even though at the time of bitcoin fell the price of atlcoin also fell it only evoked panic by market participants because all have their own potential, indeed while the price of bitcoin has always been a reference for altcoins but bitcoin cannot set it up altcoin drop.

I think yes, the price of bitcoin also affects the price of altcoins, because the growth of altcoin also depends on the increase in the price of bitcoin.

Yes, and it is always the setup. Altcoins are like babies who are still trying to stand up on its own feet but in this kind of work takes a long time and it could takes before we ever start seeing some altcoins not based on bitcoin.

When Bitcoin price falls it should be the opportunity of the Altcoins to take over as they will have the opportunity to equal the Bitcoin market performance or the ambitious move to supersede Bitcoin someday may become possible to happen but what i have observed that Bitcoin performance will always create domino effect to the altcoins, its just like for better and worst or rise and fall the Altcoins price will always depend of Bitcoin performance.

The price of altcoins depends on the price of bitcoin. However, the more popular is althoin, the less it is dependent on bitcoin.

Altocoin always depend on the base price bitcoin price. I have a easy meaning of that. If seller sell altocoin to buy bitcoin the price will be increased so easily. And if moost of the seller sell bitcoin to buy altocoin then the price of altocoin will be high. Its only my thinking that altocoin based on bitcoin.

indeed this altcoin price seems to follow the price of bitcoin, if bitcoin falls then the altcoin price also falls, but not all altcoins also decline, because in my opinion there is no relationship between the price of bitcoin and also altcoin

I think yes. As the price of Bitcoin increases or decreases, the price of altcoin will fluctuate. Altcoin is influenced by Bitcoin.

You have noticed anything about Bitcoin's falling price, it lowers the price of Bitcoin. For an increase in Bitcoin, I do not think it affects Altcoin so much because of its decline. Many people say it directly affects it but it depends on how far away.

Altcoins are following Bitcoin movement. When there is a dip usually Altcoins decrease even more but when there is an  increasing
market altcoins can grow much faster than BTC. This is the reason investing in them//

In my opinion, current BTC prices are developing in a different trend and altcoin trend is not as much related to previous times.

not dependent but affected, if it dependent then means that all altcoins have the same changes as bitcoin, in fact not all altcoins have the same changes? I could say that the influence of the bitcoin market is huge for the crypto market, because crypto users all use and invest in bitcoin, so we know why bitcoin price changes can affect

yes you are right the price and the altcoin movement depends on the price of the bitcoin because the altcoins will usually be made for one of the coin solutions that can be used to make shipments or are usually called arbit so that they take advantage of the price difference to find a lot of profit.

Bitcoin is the first and top cryptocurrency among other coins and is the father of other coins, and there is a possibility of influencing other coins including Altcoin.
and the reality in the market situation if bitcoin prices go down or red, other coins will gradually go down and if there is another coin going up or green it will eventually adjust the value of bitcoin not only Altcoian but all coins.
and that's my judgment, even though the reality is not the same.

This is not necessary and Altcoin are not stick with the Bitcoin but these have the same nature therefore when we have a lot of negativity in the market then we avoid to invest in this same nature coins. In this way the market value falls for both besides this there is nothing but the Bitcoin is a base currency and this produce same perception for other coins as well.

Yes altcoins price are based on bitcoins, no matter how hard the developers works for their ico, the price will only increase if bitcoins value in the market are going to pump up.

I think that altcoins is different than bitcoin because bitcoin price now is so very stable but lot's of altcoins like ethereum their price is dropping until now its not already recovers.

There is always a certain connection between cryptocurrencies. When Bitcoin begins to fall for a long time, many investors will panic, and most investors will have both bitcoin and altcoin!

Right. The price of bitcoin increases means that this market is growing. Therefore, the altcoins will develop in parallel with bitcoin.

the rise and fall of altcoin prices is still influenced by the price of bitcoin and you can see it on almost all exchanges, but on USDT coins it is the opposite. when bitcoin and altcoin fell the USDT had a tendency to increase and I often bought these coins when the prices of bitcoin and altcoin fell, after recovery I would again sell USDT and buy altcoins

Yes, another currency is dependent on Bitcoin. All frantically watching him, and trying to learn from experience. Make an error analysis and understand which way to continue moving.

Perhaps to some extent this is true, however, I believe that the prices of cryptocurrencies do not depend on the price of bitcoin.

Not for all-time, But most of the time altcoin price depends on the bitcoin price ups and down! If bitcoin price increases then all altcoin price will grow too, If BTC price goes down then the whole crypto market will show a downward trend. Because bitcoin is the ruler of the crypto market and crypto depends on the bitcoin.

It is not the Altcoin price will automatically to go with the Bitcoin price but it is the people who rides with the Bitcoin price movement. I don't know the main reason of this but i have observed many times that Bitcoin will create domino effect with the market price, maybe if most of the altcoins are directly accepted in all exchanges then maybe they will not rely on Bitcoin movement anymore.

I don’t understand why these two coins (BTC % ALT) depend on each other? It should be different from each other because I think it should depend on the investment cap. If people put their money in bitcoin the price of only bitcoin should increase and if the investment cap of Altcoin increases only the price of Altcoin should increase.

Yes, BUT! There is still such a thing as bitcoin dominance. This is the dominance of bitcoin over other crypto currencies. Last time we see that bitcoin dominance is very large as a percentage of other altcoins. What does this mean? that investors believe more in bitcoin than in other assets.
Bitcoin is basically the parent of all the violas, respectively, and pulls the rest. But the problem lies also in the fact that bitcoin can rise from its knees, and some altkoins are no longer there.

I think it is but not all altcoins will follow if the bitcoin's price will increase. I notice that the price of my altcoins in my portfolio are increasing once the bitcoins price is increasing. Altcoins which paired by bitcoin in the crypto markets will be affected but not all the time, because there are some altcoins which don't go with the flow on bitcoin's price instead they are reserved.

Yeah it is right because the market cap of bitcoin is very high and most of the people invest their money in bitcoin. When the price of bitcoin increases Altcoin prices also increases, and when bitcoin prices decreases, Altcoin prices also decreases. I think it is not good and both should be treated differently. There should be no link between Altcoin and bitcoin.

of course it is true, because when bitcoin price fell, that time altcoin price also decrease so this reason altcoin price based on bitcoin price and top first coin is bitcoin.

well, I guess some coins are not affected by the price of bitcoin, but it's affected by the price of ETH. well, most likely, when the ETH price drops, many coins will have a low price, and I think we all know about this.

Although I would agree that there is somehow no direct correlation between them. I would say that since cryptocurrencies are not your traditional currencies and are affected by different factors. We can't discount the fact that Bitcoin really has a big effect on how many altcoins in the market trends and changes in value. It is perhaps because of the fact that since Bitcoin is the biggest valued coin in the market, it has become a prime controller of how the market moves that indirectly affects how many altcoins play out.

This is not occurring with all the altcoins due to the fact there are some of the cash that are not depends on bitcoin price or bitcoin actions and they'll pass with their personal particularly the cash which have a reasonably-priced fee. Most of altcoin fee nonetheless based totally on bitcoin price and until now, if bitcoin pass to the higher charge, the altcoin will follow growth and if bitcoin goes down, the altcoin following too.

yeah buddy, sure you're proper the rate and the altcoin motion relies upon at the charge of the bitcoin due to the fact the altcoins will normally be made for one of the coin answers that can be used to make shipments or are commonly referred to as arbitrage so they take benefit of the rate distinction to find a whole lot of earnings.

yes of course the price of bitcoin and altcoin is the movement always gives the same price movement, usually the altcoin price will rise when the price of bitcoin rises and the price of the altcoin will fall when the price of bitcoin falls. to take advantage of price differences in the market to find profits so that the price of the altcoin will rise.

all this time the fact is that bitcoin is still a reference for the movement of altcoin prices, because bitcoin can be said to be a coin that is considered the parent of all altcoins. but not all altcoins experience this, there are some altcoins that are pumped when the price of bitcoin is decreasing quite dramatically, often also happens when bitcoin has increased significantly but all altcoins actually go down, it seems to me because many investors from Altcoin who turned to bitcoin.

indeed most altcoins follow the movement of the bitcoin market. but in my opinion, not all altcoin movements follow bitcoin. for example, bitcoin dropped, some altcoins still rose. I myself hold and see the coin ico movement, when the price of bitcoin goes up I think the coin price that I hold will rise too, but it turns out that the development is not the same as bitcoin. so I don't think all coins, the movement depends on bitcoin.

One thing which is true for all crypto coins that Bitcoin is base currency and other crypto coins have the same nature as of Bitcoin that is digital existence so clearly it will have some affect on other crypto coins. Like the price of other Altcoin are affected with the Bitcoin and go same with Bitcoin as it produce the same picture and perception for people to look at all these crypto coins.

Yes it is, altcoin is tether to bitcoins that is the reason why the entire market is highly affected every time the price of bitcoins drops in large markets.

The price of altcoin is not based on price of the bitcoins because those new altcoins has their own platform and that is the biggest advantage of altcoins to bitcoins.

It's been a while since now, altcoin is almost independent, regardless of the BTC price, so I think the market will soon recover and the altcoin prices will grow. BTC is no longer attractive to many investors.

These are all cryptocurrencies and I think that is the main reason that when the price of BTC increases or decrease the price of ALT also increases or decrease. The relationship of these two is very strong. For example when the price of bitcoin decreased in the start of this year the prices of all other coins also decreased. People wonder why this happened. I think it is controlled by someone.

It is because bitcoin is the leading currency and influence the crypto market. It means it’s the mother of Altcoin, so because when the price of bitcoin up and down, Altcoin also up and down. That’s why people mostly discuss the price of bitcoin and not any other crypto, because people now the relationship between bitcoin and Altcoin prices and they know the impact.

Yeah it is right. All Altcoin prices depends upon the price of bitcoin rather I can say that bitcoin and Altcoin price depends on each other. When one price increases other also increases and one decreases other also decreases. I don’t know the reason for this but I can say that bitcoin and Altcoin are cryptocurrencies and the trend of the people decides the prices for these coins.

yes indeed, this pattern applies to many altcoins. However, there are also many altcoins that do not depend on the price of bitcoin.

Altcoins and Bitcoin both are different journals so we should not confuse the market value. Because all the coins are depends on supply and demand so it will raise or fall both the scenario is possible on unexpectedly in crypto market.

Though both are quite different but unfortunatly for the altcoin lovers, yes there price only based on bitcoin, whenever btc goes up alts follow and their price goes up only because of the btc value.

I'm also surprised to use Bitcoin like coin which regulates all the development of the crypto currency which means we will always depend on Bitcoin which makes it like a dollar

Usually if the price of bitcoin rises, then the altcoins follow it, so it was last year and early 2018

Yes most of the altcoins are based on bitcoins price because ethereum is tether to btc and that is the reason why the market prices are always highly affected every time the price of bitcoins is dropping in the market today.

Yes, the majority of the tokens' prices depend on BTC. However, I do not think that Ethereum and Bitcoin have so close connections. It seems they have two different lives.

I also admit that bitcoin is the leading crypto in the world and when the price of bitcoin falls the prices of Altcoin also fall. As I know the reason is this that most of the people have invested in bitcoin and the crypto market is broadly influenced by the price of bitcoin. Now there is a little bit change in this mood because people are putting their money in Altcoin mostly.

I don't really agree with this statement. Altcoins are mostly dependent upon on bitcoins and we have seens that altcoins move with bitcoins. Once bitcoin has good raly, altcoins also shows same pump.

I think yes,  we can see Bitcoin all the times high last year and many altcoin was follow it,  and on december last year the price of BTC started crash and also all altcoin also was dumped hard. This situation make hard to make consistent profit from crypto trading because all crypto bullish and bearish by the same times.

yes of course this altcoin price depends on the price of bitcoin because this bitcoin price has a very large influence from the price of the altcoin, when the price of bitcoin falls, many cryptocurrency falls because traders want to secure their assets.

Check the marketcap of bitcoins verses all the altcoins. As long as bitcoin stay above 50% overall market cap, altcoins will also remain dependent on bitcoins.

certainly is. most altcoins are traded in pairs to the etherium, and the etherium is accordingly traded with bitcoin.

To me they are deeply related and since BTC is a safe investment, you'll know the state of most altcoins by watching Bitcoin price. However some altcoins may have a part way but most of the time if Bitcoin goes up or down altcoins will follow.

There is no case now, altcoin prices have completely developed in a certain trend and now is the time to buy altcoin, they will succeed for us in the coming time.

Even though Bitcoin is the mother of all currencies and altcoin are depended on bitcoin movements, but i think this trend will be broken soon. When altcoins become more stronger they can themselves move up and down without the interfere of bitcoins.

Follow the simple rules:
1-Bitcoin Pump  altcoin pump
2- Bitcoin Dump altcoin Dump
3-Bitcoin high pump, altcoin Dump

People have different opinions about the market same movement in which there are two opinions; one says that Bitcoin’s price affect other coins the same while one says that it does not have any affect on other coin. But actually these two are wrong, neither Bitcoin has full affect on other coins nor no affect but it is actually little affect on other coins due to the same nature.

this has always been and will be so until altcoin is able to present something really worthwhile, so as not to depend on the General mood in the cryptocurrency market

Altcoins depend very heavily on bitcoin for several reasons, to begin with if you want to buy an altcoin most the time you need to buy bitcoin first, so that is one reason why the price of bitcoin and altcoins are related, and even more importantly most altcoins are nothing but copies of bitcoin with a few changes which means that they are basically bitcoin except that they are a cheap copy of it which means that their price moves together with the price of bitcoin because the coins are too similar.

Most coins are affected by fluctuations in the cryptocurrency market which are not completely affected by Bitcoin. You may also find that a lot of coins are worth rising though Bitcoin is dropping a lot on the cryptocurrency market.

usually the altcoin price will rise when the price of bitcoin rises and the price of the altcoin will drop when the price of bitcoin falls. to take advantage of price differences in the market to seek profit so that the price of the altcoin will rise and of course the price of bitcoin and altcoin is movement always giving the same price movement

Moreover all of us know that altcoins price will fall if Bitcoin price goes up. Because almost all cryptocurrencies have Bitcoin as basis cryptocurrency for trading in exchanges. That's why they correlated so hard.

almost all altcoins do have prices based on bitcoin prices so that when the price of bitcoin drops, the altcoin prices will also go down and if the price of bitcoin rises then the altcoin price also rises, but not all altcoins have prices based on bitcoin because there are some altcoins that will have prices high when the price of bitcoin falls because it depends on the development of the altcoin

That is what i think that the value of altcoin was based in bitcoin value, but more likely the growth of the altcoin will based on the progress of their project and on how the management promote it to beat other altcoin and make their coin more popular to make more investors get their coin.

yes, of course this altcoin price depends on the price of bitcoin because this altcoin price will be an alternative coin to say because when bitcoin goes up, the transaction will be crowded and the delivery will be very long and certainly will require an altcoin to send from markets to other markets.

Altcoins prices are affected by Bitcoin price movements may be due to several reasons
- Bitcoin is the most dominant coin in crypto market (approx 50% dominance now)
- almost all altcoins are traded in Bitcoin market with enough volume as compared to other markets
- volume of bitcoin is nearly around 30% of total volume which means most of the traded funds moving according to Bitcoin that's why whole market is being affected by Bitcoin movement
But this is not always true becoz it depends on market trends,TA, FA and many other things

Also there are many ERC- 20 tokens which have market only in ethereum and these tokens are affected too by ethereum movement

I prefer you to do not rely on one thing as movement of any coin depends on large no of factors
Don't trust blindly on something, doing own research is a good habit

nah bro. maybe it's just the same moment. just coincident . every coin have the other circle . i'm make sure

Yeah it is true and I think the reason is that cryptocurrency market depends mostly on the ups and down of bitcoin, that’s why Altcoin prices are also increases and decreases with the price of bitcoin. It is the leading crypto in the market and mostly people put their money in bitcoin only because it is more authentic and reliable than Altcoin.

I guess it is the common mistake or misconception about the altcoin's price. Altcoin is for alternative to bitcoin since bitcoin has the highest value among all of the cryptocurrency but it does not necessary affected by the bitcoin's price just so happen that investor and trader always panic sell whenever bitcoin's price goes down.

compared to bitcoin, I think most altcoin prices are based on ETH prices. Well, I think this is a common thing. I am so sure, the increase in ETH prices will make many altcoin prices higher, but I think eth prices are affected by the price of bitcoin,

in my opinion, bitcoin has a big influence on altcoins but not all altcoins, so if the price of bitcoin rises or falls then the price of altcoin will also rise or fall, but there is also the price of altcoin will increase when the price of bitcoin falls, so I think it depends on the development the coin itself to go up or down

Currently, no altcoin prices are not much dependent on the price of BTC, the current price of BTC growth, but some altcoin prices are down, so I depend on the altcoin price that is the product that the project. that development.

Bitcoin is base currency exchange for almost all of Altcoin in cryptocurrency market.  The higher bitcoin price has a way of bring up the rest of the coin in cryptocurrency market.  I do not see Altcoin price based on bitcoin price because each coin derive it's value base on different factors!

Some crypto experts said that altcoins price is very depending on bitcoin price based on their experienced, and we can really considered that it is true because at this bearish moment bitcoin price deeply goes down together with some of the altcoins in the marketplace. With this it is on the bitcoin price that actually crypto market moves, it's either going high or down low.

I can say nothing about this because if we see the investment trend, people choose their favorite coin and there is no relationship between bitcoin and altcoin investments, but it is also a fact that when the price of bitcoin increases Altcoin prices will also increases and when bitcoin drops, Altcoin will also drop. It is because overall both are cryptocurrencies.

That happens every time and I don’t even know why. I think that’s the work of investors, maybe they tend it withdraw their money whenever they see that Bitcoin is already falling.

It’s just like buying lots of different goods and saving them till your target time and once that time comes instead of selling a particular type, you decide to sell of the products and withdraw every money you have invested in that product. So investors make plans, and once they hit that target they withdraw.

of course altcoin prices are based on bitcoin, because we know that if bitcoin goes down, altcoins will go down and vice versa. bitcoin is the benchmark of all coins so all altcoins will be based on bitcoin.