Bitcoin Forum

Bitcoin’s value does indeed affect the price of all altcoins since BTC/AltCoin trading pairs are the most commonly used and is usually the standard go to exchange pair on all cryptocurrency exchanges. So can Altcoin break all the relationship from bitcoin and run as a independent currency.

Almost altcoins have their base coin so its really hard for them to be independent. And regarding the pair thing I believe its not possible for a certain coin to be separated on their pair because it serves as their own value to make it easier for us to know their value.

It will be really tough since bitcoin is the most popular and earliest crypto, it will have a effect on all alts and it will have to be considered. This will not be possible that the prices of alts will be independent of bitcoin till it is the king crypto.

Absolutely, Any altcoins can be independent without depending on bitcoins for its price or value. Alternative currencies derive its value from what the project is meant for. A gaming coin, can get it price from the demand of the coins to play a game, and if there is a limited supply of that coins and more people demand that coins for gaming, the price will increase without bitcoins having no effect on it.

yes but only if they start becoming real independent currency!
so far almost all the altcoins specially all the top coins are not a currency. they are all tools for speculation by traders and have no other use cases. this means only people who want bitcoin invest in altcoins and do it to profit on their bitcoins and when things are bad they dump altcoins because they were temporary means anyways.

Some altcoins are already not linked with bitcoin. I mean there are some that grow when btc drops and viceversa, even if the majority follows the bitcoin, or better, it follows the market in general. Probably when the market will be more stable there will be more altcoins following a particular path not linked with btc

It can, but 99% of altcoin exists for the sole reason of extracting more btc or ether from other traders. They will soon be worthless.
Ether has its own trading pairs but still is dominated by the bitcoin moves, when btc goes down, so does ether. I havent seen any of them became fully independent

of course, it can but will they want to do that? an altcoin will lose market opportunities if parted from Bitcoin because Bitcoin is the main cryptocurrency in all exchanges and crypto exchange is not easy to make pairing for independent coins so it will be difficult for their team

It is very rare for altcoin to break through their dependence on BTC
Because there are low and rare volume of altcoins/usdt trade

And for altcoin to achieve such feat, they must have trading pairs directly with usdt and not btc or eth trade pair

I think that it is now possible to break the general decline in the market. There is almost no cryptocurrency that can have an independent market! Because a lot of money is now invested in the mainstream currency, and they are interdependent!

Bitcoin is the most popular and oldest crypto currency. As a result, it has vast influence on the other coins like ethereum, ripple, litecoin etc. These coins cannot stay independent and the price of bitcoin will always have affect on those.

There can not be a single crypto currency which is absolutely independent. In one way or another, they all depend on Bitcoin and other large crypto-currencies. Sometimes it is possible to trace the correlation of altcoins with each other. But there are those altcoins that are more independent and less susceptible to the general market influence, but there are those that directly or inversely proportionally depend on the main crypto currency.

Now it’s changed most of the altcoin traded using different fair most famous are usdt and ether after bitcoin even binance added bnb so now altcoins value not completely lately dependent on bitcoin. Even some coins having their own blockchain sbd better solution than bitcoin . More over some exchanges introducing fiat trading option for altcoins this may change Whole perception of altcoins.

No crypto will be independ of bitcoin unless it will have bigger usd or other fiat market than btc market. If 90% of volume is made in pair alt/btc and only 10% in fiat/alt than dont expect that when bitcoin price drop it will be independent.

When in 90% altcoin is traded by bitcoin than bitoin drop have to make price drop of altcoin. Why? Beacuse calculated price (btc value x altcoin value in bitcoins) is getting lower and lower beacuse btc value is getting lower. Big USD market is making it more independent from bitcoin move, becuse arbitrage bots buys cheep bitcoin, cheep alft from it and sells it on usd market. So if its big enought it can cover bitcoin drop making alt/btc price higher.  

Thats why etherum is more independent. It has big fiat market with great volume. But still not high enough.

How it looks like now (90% of altcoin volume in btc pair)?
1-Bitcoin price drop.
2-calculated altcoin price $ drop
3-arbitrage bots buys altcoins for btc and sell on usd market making drop there (because its not big enought and loosing with alt/btc market) - without pushing alt/btc price higher beacuse usd market is too small to do that.
4-people seeing price drop are selling to btc and then fiat or hold bitcoin what decrise alt/btc value what even more push price lower and make more investors sell.

Thats why when bitcoin drop 30% altcoins mostly drop 50%

It will also be possible when altcoins will have their reallife massured value. That will work like bigger usd market.

That would never happen since bitcoin is the king of all coins and altcoins value is somewhat based on bitcoin. If bitcoin's value will increase as well as the value of altcoins but it really depends on the performance of a particular altcoin. Sometimes there are some altcoins that won't perform well in the market despite the sudden increase of bitcoin's value.
That's why its impossible for an alt coin to surpass btc since btc is the basis of all altcoins' value in the market.

I think with the adoption of USDT pairs, altcoins might be able to break away from their dependence on Bitcoin pairings. This will be a positive sign for the market as all the alts will move independently and not move according to the Bitcoin market. But expect it to take at least two years for the Tethers to be adopted widely on all the exchanges.

It is hard to say that altcoins become independent, and as we can see that altcoins are functions with the used and the power of bitcoin and ethereum when it comes to exchange transactions by converted into fiat or into paper money. However, it is good to altcoins to become independent soon in order to have a direct transactions without using ethereum and bitcoin, but the implementation is not easy to happen without the approval of cryptocurrency management.

In addition to all said before me, I guess that one more reason of altcoins dependence from btc is entry/exit "points". Most market players buy bitcoin to enter crypto and sell bitcoin to exit in fiat and while bitcoin is still the main and widely adopted for this purpose currency all altcoins will be dependence from btc. This can be slightly changed by stable coins.

Yes Bitcoin’s value does indeed affect the price of all altcoins since BTC/AltCoin trading pairs are the most commonly used and is usually the standard go to exchange pair on all cryptocurrency exchanges. So can Altcoin break all the relationship from bitcoin and run as a independent currency.

The connection to BTC will last until the cryptocurrencies will get wider adoption much beyond cryptocurrency community.

It will be really tough since bitcoin is the most popular and earliest crypto, it will have a effect on all alts and it will have to be considered. It is the king crypto.

No, I don’t think that can happen. The price of Bitcoin has a close relationship with the price of altcoin. So, its price also affects the price of the altcoin.

For me it is very tough but doing you altcoin to be independent is slim to none because all of the altcoin is now close  to bitcoin and also it will always depend on bitcoin because it is the king of the crypto

It is very tough to all atlcoins to be independent because it's just depending on bitcoin. Most of altcoins aren't strong enough to be independent. Some of it has potential and capability to be independent but cannot beat bitcoin. Also, there are altcoins that are on the rise even if bitcoin is going down. Really, there's no competition in these markets.

Because the majority of altcoins are still pegged with the bitcoin pair right now and it will never happen, even the altcoin tries to release the big update and it just give a short term impact to the altcoin itself.
Bitcoin still dominating everything in the cryptocurrency. But it looks so difficult for altcoin to be independent.

Of course they can but it won't happen soon as they will need a lot of time until they have usd pairing. I also hate the fact that alt's price is so dependent to bitcoin situation and it gives me headache when bitcoin is unstable like this as my alt's price will go down. If they have usd pair then they will break free from bitcoin and their price will go up/down according to their development.

Depending on the coin it might be, but that's very hard and not normal, just like the other markets in the world, all assets are affected by the biggest news though they are not directly affected, crypto is also not mature market.

Basically all coin is using block chain system & all are not independent. But only the dependent thing for all coins is that every coin depends on demand and supply. But we have also seen that bitcoin price positive affects most of the coin. But we cannot say about the altcoins dependency. But bitcoin is independent in that case.

No, it can't. It's the same answer as the answer to the question "Can real-estate market of London be independent from real-estate market of San-Francisko or Tokyo".

yes, Altcoin can break all the relationship from bitcoin and run as a independent currency, but before that market has to be more stable, and altcoins have to be strong enough to rise them up without any support. it will happen i believe.

Well, it is true that altcoins are being affected by bitcoin price. But altcoins cannot be independent. Eventually they will be dependent on bitcoin all the time.
 ::)

We've been talking about this ever since Litecoin was created in 2011. And till now, none of the altcoins have achieved any sort of independence from BTC. The only alt which shows signs of it is Bitcoin Cash (BCH).

I do not think it will happen, I mean the market will not let it happen. Because maybe this combination that makes crypto a bit complicated and more interesting to explore.

I think it's almost impossible because the whole market is still not mature enough.
When the price of bitcoin fluctuates, it causes other tokens to fluctuate.

It will only be possible if the dominance of Bitcoin will end and that is hard to tell or speculate. Altcoins will always be dependent to Bitcoin and that is the fact about this cryptocurrency industry. Bitcoin is adopted worldwide and is used by some countries as a payment method that is why it is easy to convert from local currency into Bitcoin then Bitcoin into Altcoins and vice versa.

the majority of the altcoin always follow the bitcoin. to be able to own of course takes time and processes in order to escape the bitcoin. that certainly must have a strong foundation and a system so can still thrive despite off of the bitcoin. It's not easy because it's been years altcoin always, the programme on bitcoin. but there are certain changes that are expected to occur.

Mostly altcoins are likely followed the price movement of bitcoin so we can't consider these things that altcoins may independent of the bitcoin price. When bitcoin is down the price also altcoins are followed I guess bitcoin and altcoin are relatively priced and connected to each other.

I dont believe that. Both altcoin and bitcoin are crytpo currency. They likes two kinds of investment assets. If the investors invest in one thing, the other must be down. That is the rule

This is not possible because Bitcoin is currently affecting the entire Crypto market. Bitcoin's tendency to influence and determine the overall trend of the market. Altcoin cannot be independent because investors always take Bitcoin as a common starting point.

Without Altcoin, Bitcoin probably will not be what it is today. And without Bitcoin, maybe Altcoin would either lose his identity, or at least lose his inspiration. So I think separating it will not make better crypto in the future.

This is impossible because bitcoin is like a USD for fiat currencies and the earliest cryptocurrency that has been developed as well. The majority of Initial coin offerings developed in blockchain technology are in a one-sided dependency relationship with Bitcoin. That is why lots of token and any other Alternate Currencies has a trading pair of bitcoin which is clearly the sign of a dependent cryptocurrency.

Also If we are talking about their price fluctuation perspectively, if bitcoin were to crash then most likely the majority of token and any other cryptocurrencices will surely follow because bitcoin is always the no.1 cryptocurrency in the market so far. The most used and the most traded so far.

I think it would be difficult to independently, bitcoint or altcoint others are equally complementary, they are digital currencies that have high selling value in cryptocurrency, that's my opinion, of course each - everyone is different opinion

I hope all altcoins will be independent one day. But surely it will take a long time. I believe when all transactions will be completed by different alt coins, it will be started to be independent.

I think so because altcoin can give us income and daily living like bitcoin. But i think altcoin has bigger budgt rather than bitcoin.

Bitcoin is very powerful and influential cryptocurrency. It occupy near the half of the market and Bitcoin’s price create growing or falling tendency on the market that other cryptocurrencies follows.

I'm not sure if altcoin is capable of being an independent currency.
Basically, almost all altcoins use technology owned by bitcoin. That is absolute dependence.

Each altcoin forms a standard price independently at the launch of ICO in accordance with the target market and the segment that able to be achieved.
But in reality, altcoin prices will look for common parameters used in cryptocurrency, that is bitcoin because indeed bitcoin is the market leader in cryptocurrency.
Indirectly the price of bitcoin will influence a price of cryptocurrency in generally.

I think it can not stand alone the altcoins in response to the currency because altcoin are made or being developed due to the presence of bitcoin currency, with all the supply started to make it possibly successed in the market.

I'm not sure of that. maybe bitcoin can be independent because we know that bitcoin is the first cryptocurrencies, but if altcoin wants to be independent currency I'm not sure on that. we know that altcoin is the derived currency of bitcoin, so the development of the price will follow bitcoin. and to be independent currency I think it will be hard.

Sad to say but altcoin will not be independent like Bitcoin because majority of Financial Institution don't recognize altcoin like Bitcoin. Bitcoin is their gateway to justify their value in the market.

It will be really tough since bitcoin is the most popular and earliest crypto, it will have a effect on all alts and it will have to be considered. This will not be possible that the prices of alts will be independent of bitcoin till it is the king crypto.

I think that it is now possible to break the general decline in the market. There is almost no cryptocurrency that can have an independent market! Because a lot of money is now invested in the mainstream currency, and they are interdependent!

I think altcoin will not be self-sufficient because altcoin follows bitcoin and so bitcoin also requires altcoin, therefore I believe altcoin will not be self-sufficient because bitcoin is the most popular and earliest crypto, it will have an effect on all altcoins and it should be considered

It will be really tough since bitcoin is the most popular and earliest crypto, it will have a effect on all alts and it will have to be considered. This will not be possible that the prices of alts will be independent of bitcoin till it is the king crypto.

In my point of view all the Altcoin performance depends on the Bitcoin,when Bitcoin down all the Altcoins are also down and vice versa. That’s what my observation.

I think that is possible. Btc has always been the entry point of everyone in order to trade with altcoins. But there are exchange sites that has eth and even fiat as trading pair for the altcoins. So i think that will eventually change in the future. For now, we are more used to trade our alts with bitcoin. Coinbase is one of the exchanges that accepts fiat . There are growing numbers of exchanges that has fiat to alts trading pair.

then, altcoin who became leader who?
I mean, a replacement BTC must exist, so that the pair on each exchange more comfortable to compare
because Bitcoin is the main currency of all cryptocurrencies

I think independent is only possible if we will have option to buy each and every single coin with Fiat , otherwise we have to depend on pairs like BTC,ETH, USDT and others.

Or may be we can see something new in future , who knows whats gonna comes in future.  :)

I think so, it is quite possible . The sooner this happens, the better it will be for altcoins

I hope that in the near future it will be so . Altcoin will sooner or later stop responding to bitcoin prices

In my opinion, it is very unlikely if there is an independent currency. so far almost all altcoins, in particular, all the top coins are not the currency. they are all tools for speculation by merchants and have no other use cases. But there are altcoins that are more independent and less vulnerable to market influence in general.

Most of altcoins are paired with bitcoin because of cryptocurrency users are bitcoin users as well. Altcoin can be paired with Fiat but who want to buy it? It will be more practical if altcoin is paired with btc. So btc holder can buy altcoins directly without exchange it with altcoin first that will cost more.

There are some altcoins that can be independent, even without bitcoin. These are the ones that penetrated into the real business. I think that it is:
-   ETH
-   EOS
-   WAVES
-   VEN
-   XEM
-   XMR
-   ZEC
-   DASH

I think that in the future we will see a coin that will not depend on bitcoin.

Altcoins can one day end up being independent from bitcoin but that might be a long while from now. There is no way to tell when that with happen but as long as all of the altcoins still have their trading pairs with bitcoin then the prices of bitcoin will always affect the prices of all of the altcoins in the market. Maybe it will always be so, maybe not, no one knows for sure

Probably not. Many altcoins are developed on the BTC or ETH blockbuster. All altcoins tend to offer the user additional functionality or improve the functionality of Bitcoin, Ethereum. Many of them are liquid (they have where to spend), many provide their owners with profit due to the growth rate. Today, altcoins are undoubtedly an important part of the crypto-currency market, without which it probably can not exist.

All aldaine directly are highly dependent on bitcoin. While bitcoin is the main cryptocurrency, altcoins will depend on It

Its very hard in general.But , maybe some altcoins can be independent.BTC effect all altcoins in fact but sometimes it doesn't.

They might be able to come out of the shadow of bitcoin in the future but it will not be an easy feat since now they all really on the price of bitcoin

To date, I do not represent such coins. It seems to me that all coins will depend on bitcoin and its movements on the market

Maybe, of course, only if bitcoin becomes more popular. Otherwise, there will always be a link to bitcoin, which is more reliable and stable.

for now altcoin still tends to stick to bitcoin, although not all alcoe is always based on bitcoin but bitcoine prices affect altcoin. to be independent I was unthinkable because now the bitcoin and altcoin are in a sphere of cryptocurrency which becomes the container of the chair of the species.

It may happen, probably, but no soon. In this situation, most altcoins are not belonging to the currency. They are mostly the coins or tokens for some references and based on the other platform. Now, they are dependent on the Bitcoin because the Bitcoin is the most trusted digital currency. Whatever the condition, right now, BTC really influences the altcoins. However for the future, maybe some altcoins can be independent of the bitcoin if they become the trusted currency.

because bitcoin is an indicator of faith to cryptocurrence it seem that all alcoins are depends on bitcoin but it is not true.

Because almost all altcoins are priced with satoshi, the impact of bitcoin on the altcoin is unlikely. But I think that as the cryptocurrency market grows stronger and altcoin has its own community it can lessen the impact of bitcoin on the value of altcoin.

The moment something becomes independent of Bitcoin it's likely to become the successor in Crypto currency so at that point is it really an Alt or does bitcoin join the list of 'alts'

I don't think so. Bitcoin has the liquidity and volume which is far above the rest of the coins. That is the primary reason why altcoins cannot be independent. Unless the said altcoin has the same liquidity and trading volume with Bitcoin, it won't be independent.

IMO, this I think is very difficult because altcoin nature is born using the technology of ETH, BTC. The price of altcoins on the market almost depends mainly on trading BTC, ETH. So that altcoins will have to depend on the rates of ETH and BTC and cannot be independent.

They are paired with bitcoin only for trading.Some of the bitcoins are already independent of bitcoins, like ether, litecoin, etcetra
It might even outrun bitcoins.

Ether has provided a totally different platform and has given a new meaning to cryptocurrency.Comparing them is like comparing bananas and apples.So yea, they can be independent.

all alt coins are connected by bitcoin because bitcoin is the parent of this cryptocurrency, it is very difficult if the alt coin wants to be independent because it must beat the bitcoin itself which is already there first and more famous
it takes a long time to rival the bitcoin itself

It will be over time. For example, Ethereum can achieve this soon. It is no longer the effect of Bitcoin on Ethereum pricing. For this reason, there will be altcoins coming from behind.

Yeah, they are just in trading pairs but it also affect the entire market price. It is commonly observe that once bitcoin price fall, altcoins will follow then. Isn't time to say that altcoins are all along of becoming an independent but it surely happen next once crypto market is fully established.

When I look on the graph carefully there are times when some altcoin increases their value even though the Bitcoin is on the drop moments, it means aside from Bitcoin uplifting the altcoin sometime altcoin become independent on their increase if some buyer are there to buy that altcoin...

As long as btc is the base currency and alts been traded against it, then they will never be free from btc. The best that would happen is move away from its dominance.

Altcoins value are connoted in satoshi and unless we see a project with an ideai that can disrupt this trend till then altcoins value won't be fully independent of bitcoin price.

Of course it can, but there's not much of them that independent right now. Almost 40% of altcoins is bonded with bitcoin.

I hope all altcoins will be independent one day. But surely it will take a long time. I believe when all transactions will be completed by different alt coins, it will be started to be independent.

we need more stablecoins for that. I have seen many activities in this field recently, that should significantly help altcoins to go more independent from bitcoin. Time will tell

I think some coins are connected with bitcoin because of trading purposes but some coins are actually independent in some way like Ethereum and Waves which has their own blockchain. Its just that people prefer using bitcoin as their main currency thats why these altcoins somehow rely on bitcoin.

It seems to me that this is very unlikely.  To date, there is simply no such steep altcoin that he was able to abandon bitcoin. I am sure that we will see a strong bitcoin on which all altcoins depend for a long time. It is possible to replace bitcoin someday might come to an Ethereum.

There is no course because of how the price of bitcoin changes depends on the price of all altcoins.

I think that at the moment it is practically impossible, but I still believe that in the future with wider adoption altcoins will get more freedom and independence.

Yes I think altcoint can stand on its own but not all of them, ethereum may stand on its own because this coint is stronger among other altcoints, but it is hard to predict we will see the next few years what all altcoint can stand alone or not

Although most of the altcoins do depend from Bitcoin, it is not always the case. If you take a utility coin with own price, that should not really be affected from BTC. For example in a closed ecosystem, where token are only to serve a certain purpose within one platform, it should only depend from how many people are willing to use that particular platform and how much they would pay for a token.

But I think it's possible.
Because Btc has always been the point of entry of everyone to trade with altcoin. But there are exchange sites that have eth and even fiat as trading partners for altcoin. So I think it will eventually change in the future. For the time being, we more often trade our alts with bitcoin. and later there are many exchanges that have fiat for trading pairs alts.

I hope so, will be much more difficult to manipulate of Top 20 CMC coins rather than one bitcoin. I hate that price fix to satoshi value and all market goes to shit together with bitcoin. Now bitcoin is like 20% of my cryptoportfolio but I might just change everything to bitcoin if everything still be tightened to BTC.

I do not really understand it altogether, but if altcoin is independent of the world economy then it is a very good investment for the investor, it will be a black market and will be a lot of calculators. bad advantage.

At time goes on altcoins might have an independent measurement in price relationship from bitcoin, however presently every altcoins depends on the market price of bitcoin because it's the base currency which is use for measurement.

In my opinion altcoin will become independent if it will be recognized and accepted by wallets like bitcoin and ethereum.

If it can, the market will change completely. But I think that is difficult to happen. As you see, altcoins are too dependent on ETH (erc20, smart contract, ...). If it can break the relationship with the BTC, it still depends on ETH. Nowadays, many coin have technology independence (XRP, NEO,..), they are gradually becoming independent.

I started trading cryptocurrencies one year ago, and till now I think that altcoin dependence on BTC is slowly falling. It used to be alot more dependent, but as BTC dominance is falling, it gets more and more independent. So as the time will pass I think the moment will come and it should when altcoin markets wont solely depend on BTC market.

It's really very difficult. Because all the alcoin are converted into btc or eth. altcoin/btc at the same time the volume of transactions of altcoins very low, can not compare with btc is

I think that's changing with USDT coming into the scene. Earlier altcoins didn't have any option other than Bitcoin for pairing with but with USDT things have changed and altcoins are now being paired with it also. This has helped in making the prices of altcoins independent. But a large number of altcoins prices are still tied with that of Bitcoin.

It's very likely BTC will always be around in some shape or form (even if dethroned) and should be in anyone's portfolio. Bitcoin drives the price trend of everything else, has the most developers, most adoption, and most crypto/fiat trading pairs/volume.

I was a believer that Bitcoin was obsolete and doomed to lose it's #1 spot in 2018 but I ended up learning after being more than 1 year in this space that Bitcoin is and will still be the leading crypto for the next few years.

They have said altcoin os just a temporary means that might be true to them but not true to us. It will work for a reason to those predictions will just remain for that and also the usage of it is booming. It is also a source of income that can produce a hardwork individual.   

Yes, altcoins can be independent. If Ethereum beats Bitcoin and becomes the first coin in the marcetcap, other altcoins can be independent.

Possibly. If a lot of the coins would stop making trading pairs with bitcoin and instead put their trading pairs into different coins then altcoins can be independent from being swayed by the price of bitcoin. Their dependency on bitcoin is what is keeping bitcoin as the top coin on the market. I do believe there will come a time when altcoins will be independent

in the future, we may see altcoins that will be independent of bitcoin. I don't see such altcoins yet.

I think if altcoins are independent then they will cost less than now. Bitcoin makes altcoins more expensive. Bitcoin. Also Bitcoin sets the motion for the entire market.

I think it is possible but it will be difficult to remember so many bitcoin effects on altcoin so from that I tend to think that it is still very long realized unless bitcoin is no longer desirable or possible when there is a coin capable of replacing bitcoin then it can happen

It is impossible because Bitcoin for crypto is like USD for fiat currencies.

An overwhelming majority of assets can only be exchanged for Bitcoin, they are directly dependent on the situational Bitcoin price.

The majority of Blockchain projects and alternative digital currencies are in a one-sided dependency relationship with Bitcoin. Especially smaller currencies or starting projects are exposed to the partly enormous effects of Bitcoin performance. This can be attributed to the direct trade between Bitcoin and these currencies.

almost all altcoin in major exchange pairing with BTC.
so when btc drop .pakti altcoin also impact with its own price. even coin like ETH which can be spelled have extraordinary concept still affected of bitcoin price. maybe if there is coin which have a lot feature and platform own can make it happen.

It could be possible if crypto will still get strong for many years and get stabilized market. But for now,  altcoins still depending on bitcoin trend in the market as they have a strong tie up at this time.

I think that no. If we look on charts, when BTC drops, altcoins go even deeper. All trading pairs for altcoins connected with BTC and ETH. While we won't have pairs alt-USD, nothing can be changed.

In the current market situation, No.
Bitcoin is to cryptocurrency what USD is to fiat currency. Bitcoin’s value does indeed affect the price of all altcoins since BTC/AltCoin trading pairs are the most commonly used and is usually the standard go to exchange pair on all cryptocurrency exchanges.

During this bitcoin is a pioneer and because bitcoin then popping altc,eth that specializes in animation and ranking in under a bitcoin is still very affected by the movement of bitcoin.So to be independent I think is very difficult because of the strength of bitcoin that still be like the poles of the crypto.

Altcoins are literally dependent by all means in being a crypto coin but when it comes to market prices, we can say that the price of bitcoin is affecting their market prices. I think the reason for this is trading because coins are traded to have another value of coins which is usually bitcoin. With that, if the value of bitcoin decreases, their prices decreases as well.

I really don't think that they can be entirely independent with each other because coins are traded. Maybe they could be in means of a country using that specific coin as their own currency which really sounds impossible too.

You can see that Bitcoin has risen by 10% in the previous period, but it has not brought the whole market back, so I think the influence of Bitcoin has gradually decreased in this industry. I think this is the performance of Altcoin slowly starting to be independent. They will no longer be affected by Bitcoin in the future, they have their own development path.

all the possibilities will happen, especially the altcoin which is currently a bitcoin parallel token that very many people are interested in investing ...
and with that altcoin will someday become an independent token without having to be in bitcoin.

not if we study it from time to time until now, that's why something that is needed is great so that the market can be more independent. and it will take a lot of time until there are several altcoins that can compete with bitcoin. and if this happens then the market will be more independent without always fixating on bitcoin.

Altcoins can be independent but partially. Bitcoin pairings will always exist if there will be no decoupling of BTC/(Any altcoin pairings). If most exchanges cease to use BTC pairings then altcoins may have the possibility to grow on its own. There is a possibility but it will be hard and it could take a very long period of time to attain independence from Bitcoin.

Why not? I think that this is quite possible, but we need to understand how the economy of coins in general will work, it seems to me that everything can be fine, but only the crypt will need a new king.

None of altcoin can separate from bitcoin totally, ethereum that follow bitcoin on market cap can't dare to do that. It will incredible to see any of altcoins to detach itself from bitcoin.

They are paired with bitcoin only for trading.Some of the bitcoins are already independent of bitcoins, like ether, litecoin, etcetra
It might even outrun bitcoins.

Ether has provided a totally different platform and has given a new meaning to cryptocurrency.Comparing them is like comparing bananas and apples.So yea, they can be independent.

We wont see a disconnect form btc until more cryptos have direct fiat pairs.  Right now the entire market follows the trend of bitcoin's price movement.

practically all crypto-currencies have a positive correlation among themselves. This means that kriptonok as a whole reacts to the same factors, the general capitalization of the cryptology fluctuates with respect to some external factors, the crypto-currencies, in general, move synchronously.

Most likely not. Numerous altcoins are produced on the BTC or ETH blockbuster. All altcoins tend to offer the client extra usefulness or enhance the usefulness of Bitcoin, Ethereum. A significant number of them are fluid (they have where to spend), many give their proprietors benefit because of the development rate. Today, altcoins are without a doubt a critical piece of the digital money showcase, without which it likely can not exist.

We never knew exactly of what will happen with the system in the coming years but as if today's situation, it could  never be happen. Anyways,  even if altcoins  couldn't be independent from btc but it is still there is a way that it dumps just like the current situation we had now.

Altcoins can one day wind up being free from bitcoin however that may be an extended period of time from now. There is no real way to tell when that with happen yet as long as the greater part of the altcoins still have their exchanging sets with bitcoin then the costs of bitcoin will dependably influence the costs of the greater part of the altcoins in the market. Perhaps it will dependably be thus, perhaps not, nobody knows without a doubt

maybe it will happen, but I think it will be difficult and takes a long time. we know that there are still several altcoins that follow the price of bitcoin, so the price of btc becomes reference for altcoins price. so I think being independent is a difficult thing, but we can't predict it. we can only wait for time.

It's hard, only Bitcoin is successful, other currencies will succeed. People have strong follow-up habits. Only one success can only invest in another, otherwise Bitcoin fails, so altcoin will fail.

I think it totally can be independent because each of them has specific platform to develop in, good feature to apply and specific market to use this.

I don't know of that. perhaps bitcoin can be autonomous on the grounds that we realize that bitcoin is the primary cryptographic forms of money, however in the event that altcoin needs to be free cash I don't know on that. we realize that altcoin is the determined money of bitcoin, so the improvement of the cost will take after bitcoin. furthermore, to be free money I figure it will be hard.

It will be very difficult because the value of other altcoins corresponds to some relative stable standard, often times, these standards are either USD, ETH or BTC. everyone sorts of take bitcoin as a model, if it crashes, we rate other altcoins accordingly

Yes there are some altcoins that are independent of bitcoin. but ve equally they are affected by the fall of the market.

That synchronous relationship is hard to break in most markets. Imagine a major cryptocurrency suffers a hack or fails, it casts a shadow on all others.

Traders use bitcoin as a refuge when the altcoins market is in a storm. If another highly liquid asset appears that looks like bitcoin, then it can split its capitalization or replace it. Or when the market of altcoins will have a large capitalization and it will be difficult to manipulate, it will finally be able to break its relationship with bitcoin, but due to low volatility altcoins market will cease to be popular with venture investors.

They can be likely independent if they will have their own blockchain.
However, in this case, a pretty good comparison would be with the stock market. If the financial companies are going down, then most of such companies are going down, as most of them affect each other, not all of them for sure. In crypto could be same years later, like the market can be in different sectors and then 1 sector of the crypto economy can go up and another goes down, then I guess we can call the market is not young anymore, mature :) Do you think that is realistic and will help the crypto community to divide the projects by sectors?

I agree with you, that theoretically it can be achieved but in practice it will be a long process and perhaps indicating that's not on the near future to do crypto list.

Most of the tokens that you see in the market were created to follow bitcoin in terms of value, because bitcoin seemed like it would bring a lot of profits by itself, in the end, the leaders of the majority of the projects want to exchange their tokens for bitcoin or some other mainstream currency.

Many trading platforms offer trading pairs independent of bitcoin. The more the market develops, the greater the independence will be received by alternative currencies. Everything depends on the demand in the market.

As long as these altcoins cannot be gotten directly, and you will need either of BTC, or ETH to trade these coins, I do not think that it is exactly possible for them to be independent. Also a lot of them do no have a blockchain of their own, and their independence solely depends on this. Maybe as time passes, more development would be made, and these coins could become independent.

they're all traded against bitcoin, which is one reason it affects the prices of all altcoins. Also often the news related to bitcoin are the news for other cryptocurrencies too, therefore the movements are similar

it won't be possible because bitcoin is king of crypto. altcoins are interconnected with bitcoin prices. it will not be separated

i think it's possible to to seperate them but that's not happening now most exchanges don't trade Fiat pairs and have only a few coins against USDT/TUSD if more and more exchanges start trading vs USD/EUR i think there values could seperate but the regulation are just ambigous now that not alot of exchanges can get into it.

Ofcourse they can be but that's not going to happen while bitcoin is by far the biggest trading pair. They need their own usd trading pairs.

i think that they can in some time but not soon so we need to wait for a while to see for sure in my opinion

Why not? In general, it seems to me that this is possible, because some projects are now very much developed, but of course not all projects now develop as it would be desirable. But in general I think that this can be.

if what is meant is independent from the influence of bitcoin, I don't think so right now. try to see how the influence of bitcoin on the crypto market. bitcoin has the ability to move the crypto market so the altcoin will follow it. but it all depends also on the supportive community, if the altcoin has a large community, he or she will not be affected by what happens to market conditions.

Never we can see altcoin could be independent and not have connection with bitcoin, how to sell or trade by using altcoin only ? how we are convert altcoin to bitcoin, there are no way for altcoin could be independent and self alone. They have needed bitcoin for his mother and connect it.

It's very difficult for Altcoins to be independent because altcoins always pair with Bitcoin on the Exchange.
When the price of Bitcoin goes down all altcoinss prices go down and it is very painful.

The trading base of altcoins is Bitcoin, so no matter how strong altcoins run, the results will be the main choice of Bitcoin.
Altcoins also the price always depends on the price of Bitcoin.

as all exchanges usually base altcoin trad price on btc, altcoins is tied on bitcoin price.  however there are some fiat-pegged altcoins like usdt that have their valued tied up to fiat.  also, there is this cryptocurrency called petro which has its value based on crude oil.  currencies like this will not be dependent much on bitcoin's price.

I'm thinking. that while bitcoin is the only king of crypto, altcoins will always depend on it.

There is less chance that altcoin can be independent because all altcoin value and price are depend bitcoin price. Exchange price is the first need of all altcoin to buy and sell. so it is very difficult for any type of altcoin.

altcoin be independent is a hard thing. However, there is still much hope for altcoin could be self-sustaining because it certainly can escape from the shadows of the bitcoin so it will be quite flexible when it experienced an increase in price expectations. many altcoins appeared adopted from bitcoin and this makes it difficult to develop and grow their own.

What you are thinking is right, Bitcoin affects the entire Crypto market. Bitcoin prices will significantly change the Crypto market if it's falling or rising too fast. Get acquainted with this, so Bitcoin ownership is a great choice.

I believe that when Bitcoin prices have risen to a steady state, we can see that Altcoin is showing an independent market, which requires global recognition of BTC. We can't see it now, I predict that we can see this happen within 10 years.

Not yet, more hard for altcoin become independent and not needed for bitcoin, we know how many altcoin always have connected price with bitcoin, when bitcoin on the fire the altcoin will be the same, but when bitcoin drop altcoin will drop, because bitcoin is the mother of altcoin.