Bitcoin Forum

Can someone tell me why the Alt coins price is affected so much my bitcoin price? I feel.like I'm investing in excellent altcoin projects but due to bitcoin they just seem to plummet........argggggg. Many thanks in advance

Alot money go from btc to alt, and versa, when people feeel FOMO they take money from alt or from btc to invest in alts.

The transaction volume between them is not uniform and of course the transaction volume of bitcoin is larger and the altcoin is smaller. That means that just a large enough amount you can make an altcoin with low transaction volume increasing the value to several times. And of course if you want to make bitcoin more valuable you need a huge amount of money to do that.

The reason is the parity. Altcoin prices are dependent to bitcoin price where an altcoin price is for instance, ETH/BTC. When BTC price (denominator) increase more than the ETH price (numerator), then ETC loses price or vice versa.

What are those excellent altcoins that you invested? before buying those altcoins, what coin you have in able to purchase those altcoins you have? All of these altcoins are pairs with bitcoin in many exchanges so that's how they are affected. For example, with your excellent altcoins.
You need bitcoin to buy those excellent altcoins and when you're ready to sell it, you'll sell it again for bitcoins.

I think Bitcoin has an influence on altcoin prices and therefore it is important for traders to be able to analyze Bitcoin price movements,

I'm heavily invested in RKT and EOS

Bitcoin is a price reference in almost all exchanges, naturally if bitcoin rises altcoin also rises and vice versa, but the rise in altcoins can also be affected by traders' buying and selling exchanges, if the price of the demand rises automatically there is a price pump so the altcoin prices rise, besides that the price of altcoin is affected by the trust of investors who make deposits in order to gain multiple profits.

Lol you blame bitcoin for your altcoins dropping?!? Do you know that bitcoin is probably the only secure crypto currency?

Why buy an altcoin that doesnt have similar security features and created by smaller unknown dev teams ?

When bitcoin price started down, people will aware of it and they choose to sell all of their altcoin to bitcoin and bitcoin to USD, this makes market will be dump and the result all of crypto, either bitcoin or altcoin will be falling.

If all alt could have their separate FIAT gateways, BTC wouldn't have such power of control over them

Bitcoin is a leading cryptocurrency so market sentiment depends on bitcoin prices. If bitcoin prices go up then altcoins will come down because people sell altcoins to invest in bitcoin and if bitcoin prices go down again altcoin prices will come down even worse because people think that market is crashing but altcoin prices go up only when bitcoin prices stable.

If you have invested in a good project then don't worry about the current market price, just hold them and when the market recovers all good coins mostly recover faster than shit coins.

actually these days alts follow bitcoin movements and market structure. if you wanna buy alts i recommend you to stay bitcoin stable. then you will be able to buy coins in law price.stay calm and dont be panic in this market

Bitcoin just has an influence on altcoin prices

yeah cause bitcoin is the mother of all the altcoins , so if btc down automaticly all altcoins down too. but if bitcoin
vice versa.

Bitcoin is a leading Cryptocurrency so many investors are believe the Bitcoin value once it will dropped in market. Altcoins are follow the Bitcoin because many investors are panic to selling the altcoins also it is unexpectedly down in all the altcoin. May be some new projects are not depend in Bitcoin.

bitcoin will always affect the price of all altcoins, maybe we hope bitcoin will continue to grow and the altcoin will follow it.

bitcoin is the parent of all the altcoins and bitcoin itself a leading cryptocurrency so that the condition of the market price is very influential with bitcoin.
if you are the same as the coin that you hold right now it is good to keep the coin until the bitcoin price stabilizes, because the price of the altcoin will not rise if the price of bitcoin continues to decline and surge, because they think the price of bitcoin is experiencing a creash. the price of bitcoin is stable.

bitcoin has many pairs with many types of altcoins. This causes the bitcoin capitalization value is not very large compared to altcoin. that is what causes if the price of bitcoin falls then the price of altcoin also falls

It is so hard to understand the prices of subcoins. bitcoinin price dustugu time altcoi price duser. When the price of bitcoin is raised, the price of subcool is still duser. ie the time for the subcoin to be true; bitcoin gradually rising. otherwise the prices other than daily pumb are fixed.

altcoin was born after the bitcoin of the altcoin was born to complement the shortcomings of the disadvantages of bitcoin making the pre-market more and more choice of more coin

almost all the prices of altcoins are influenced by bitcoin, we can see in the trade market that all pairs are bitcoin. That's because bitcoin is the benchmark price for crypto coins. Crypto's biggest transaction volume is bitcoin.

For me I can see that altcoins and bitcoin is not connected, "sometimes" why? it is because some altcoins stands independent because they have different investors who choose to hold, sell and trade which like to call marketing contro.

Yes it is a fact that sometimes when bitcoin goes down the specific altcoin goes down as well but that can be changed due to investors who seek to buy the specific altcoin they want.

To understand it, sometimes altcoin is independent and not it is because of the people who hold and buy altcoin.

In short they move because of the people who manipulates the market of the cryptocurrency.

I personally think it's related. Because of what? Bitcoin and Altcoin are still one family, namely cryptocurrency. And they are related. Price movements here will be interrelated. And we tend not to be able to predict this because cryptos are still very volatile,

as far as I know, when btc rises altcoin goes down while btc goes down then altcoin falls free. How did it happen? ??? ??? ??? ???

absolutely right, usually they always move and exchange their funds from alts to bitcoin or from bitcoin to alts. and that is what makes bitcoin prices sometimes inversely proportional to the price of alts.

Last year, 2017, when was a "big pump" the situation was absolutely different, when bitcoin grows up -  altcoins were falling down. That's very interesting situation.

The exchange rate of altcoins depends on the exchange rate of BTC is also understandable because the current BTC is the largest crypto value market, becoming dominant crypto so that when the BTC increase or decrease affect the exchange rate of the remaining altcoins.

Altcoins are anything that ISNT Bitcoin. Bitcoin is not an Altcoin (https://www.cryptogamblingsites.com/altcoins/).

There is an opinion that the altcoins are a tool that facilitates getting bitcoin, since it all boils down to selling altcoin and buying bitcoin. Financial flows constantly flow from one crypto currency into another.

The altcoin and bitcoin in the cryptocurrency market are always closely linked. When a large number of investors sell bitcoin to buy other altcoins, you will see what you see!

Yeah I don't understand why people seem to think that they are directly connected. They have patterns, they follow similar paths sometimes, but no, they are not the same asset. Sometimes one goes up while the other goes down, but usually they aren't too far from each other. Just like silver and gold.

Altcoins have a lot of risk to be manipulated because the market cap is so small. Anyone with a few hundred thousand lying around can jump into a lot of different altcoins and smash the price around. Or just take the whole thing over with a 51% hack.

This is not entirely true, maybe in the past it was too related that every bitcoin dropped meant that altcoins rose and every bitcoin rose, altcoin dropped.
Since plunging into the trading world a year ago, there have been several altcoins that have no effect with the rise and fall of bitcoin but this year it has actually lost 50% of its value.
I think because of market demands, the lack of passion for the market and the lack of good news affect the price of altcoins today

I understand why the price depends on bitcoin, but it's already boring. When will there be a replacement for bitcoin?  It is not possible to see a potential leader in this huge amount of projects. I hope it will be possible to recognize good projects with Menlo.one soon.

it is best to invest only the money that you are willing to lose, it's like a casino, so if you lucky you happy, not lucky - forget it. There are a lot of speculators in the market, and I'm not sure about tomorrow.

I also began to get confused with the movement of bitcoin, because my altcoin was stuck very deep.
there is a strange thing because altcoin prices are very difficult to guess and confuse.

Almost every exchange tied the altcoins to BTC, if their not tied to ETH. That's why if BTC goes down, all crypto tokens will go down too in terms of USD price as it was tied to BTC. It's like the Law of Relativity or it's like how a specific market/country crashes when their currency crashes in value too in FORex. It's like a common occurrence in the market. Wether it be stocks or the crypto market.

Bitcoin is the first and most important electronic currency of the market. Bitcoin affects prices for the entire altcoin market. As Bitcoin prices slip, the rest of the money market will slip sharply. Conversely, when Bitcoin grows back, altcoins tend to work better

I think when the price of bitcoin begins to rise sharply, traders in fear of missing out on profits sell altcoins and buy bitcoin. And when the price of bitcoin drops sharply, traders looking at the best price of bitcoin also sell altcoins to buy cheap bitcoin.

The exchanges may give you a value based on bitcoin, but that's not tying them together. Just because it tells you that 1 altcoin is worth x bitcoin doesn't mean that if one goes up the other has to go down. These exchanges have no impact on the price.

Forex is the same. A dollar is the same whether it's valued in terms of euro, franc, gold, corn, or donkey pelts. When a trader decides to buy one and sell the other, of course he will impact the price of both. But that is the decision of the trader, not the exchange.

yes in my opinion bitcoin greatly affects changes in altcoin prices the better the price of bitcoin, the better the price of altcoin will be
I think and hope bitcoin price will up full  with many invest  and support from people

bitcoin is the parent of all coins, and the price of altcoin depends on the good or bad price of bitcoin, the better the price of bitcoin the better the price of all altcoins. therefore we all hope that the price of bitcoin will rise again so that the altcoin price will rise.

indeed in reality all crypto prices are based on bitcoin. bitcoin is central. when bitcoin has decreased, the altcoin will also decline. and vice versa, if bitcoin experiences a price increase then alycoin will start following it.

Yes altcoin is depend on bitcoin because the market will be value transaction on crypto market. Now altcoin price is very much low because bitcoin market is down. Market will be growing then altcoin will be increase so hold altcoin and get more profit. Before few month ago the bitcoin price is up to 16k but now bitcoin price is so much low but don't upset because market will be success after few month then alt coin price is too much high just wait and see this crypto market. I really low crypto market and i have some buy altcoin hold for some few month.

bitcoin the founder of the market! All coins will always depend on his course

The fact that altcoins are affected by BTC rates is quite normal in this market. At present, BTC is the highest exchange rate in the market, and of course, it will affect the remaining cryptos so that the altcoins exchange rates increase and decrease at the exchange rate of BTC is completely understandable.

    Altcoins are affected with bitcoin price because first bitcoin is the king of all crypto with highest demand in the market. Also  bitcoin is always need when you buy altcoins that's why if bitcoin drop,altcoins also drops. Another reason you use bitcoin in trading with altcoin but if you want to withdraw and cash out money all your altcoin is need to exchange first into bitcoin before converting into a fiat money.

The whole reason is a relatively large level of bitcoin capitalization compared to the total capitalization of the remaining crypto-currencies. This allows the bitcoin to completely dominate the price over all types of crypto currency. To ensure that bitcoin does not provide such a price dominance, it is necessary that its level of capitalization is significantly lowered and not much different from other coins.

Bitcoin - still the most stable valuation code showing price volatility on a regular basis. Of course, altcoins are often volatile, which makes altcoin more attractive to other investment markets.

The price of Bitcoin has become a reference for other altcoin prices, so the rise and fall of bitcoin prices will certainly affect the price of other coins, unless the altcoin has high fundamentals, the price may not have an effect

You think there is tremendous potential and represent overall health. Although the altcoin was born after the bitcoin but altcoin allowed the developers to experiment with unique features and altcoin was part of the cryptocurrency.

Hello. Everything is interconnected in the market. Basically, when the BTC falls, Alt falls. And vice versa. Before investing in Alt, it is necessary to study the project well, it is desirable to study white paper.

yes you are right the price of bitcoin determines the movement of altcoin prices with the bitcoin price that is currently falling so the altcoin price will also fall, and when the price of bitcoin rises then the altcoin price will also rise it has become a very reasonable movement.

When you live in a country, you'll be affected by the government also the same like everyone in a kingdom will be affected by the king. LOL. BTC is the king of cryptocurrency world and it affect to all other cryptocurrecies on crypto market although it's the best altcoin, ETH.

It is not always like that, we cannot speculate prices of altcoins only based on price of the bitcoin, we need to undrestand that they are not connected, of course sometimes those prises rise together but it won't be like that always.

I think the price of bitcoin follow altcoins is due to the psychology of investors. When this becomes frequent, it becomes a habit for the market. My personal opinion

yes you are right that the condition of bitcoin prices can affect the condition of altcoin prices so you have to be alert when the price of bitcoin moves up so you can buy altcoins and when the price of bitcoin falls you have to get ready to sell altcoins and secure your assets.

Bitcoin is the king of cryptocurrencies so if those alts are much affected by bitcoin's price, you know why it's important in the crypto economy.

Altcoins are not the only coins that's plummeting now even bitcoin does.
Invest if you are ready and if you fine with taking risk. If you are discouraged with altcoin's now, why not buy bitcoin?

In fact, the influence of altcoin and bitcoin is mutual. Sometimes there will be some type of altcoin, but they will not have much impact on bitcoin, but when bitcoin becomes a "pump", most altcoins Will fall.

Hello. A lot of different information on the net. In reality, the cost of all coins depends on the cost of the BTC. Of course there are special cases when for Alt intentionally make growth.

yes you are correct the condition of the altcoin price depends on the movement of the conditions of the bitcoin price and it is natural that like that because when bitcoin is crowded and the transaction is solid it will definitely try to use altcoins to make transactions from the main market to other markets.