Bitcoin Forum

BTC is not doing so well lately.
Directly or indirectly, altcoins are affected too.

Nevertheless, is the downfall of Bitcoin makes any good to altcoins?

The only potential benefit of bitcoin price falling for alt-coins is that it presents an opportunity for a decoupling. Meaning that it's an opportunity for a major alt-coin to perform against the trend of bitcoin and show that their prices aren't tied. As is the case, that's yet to happen and I doubt it will for some time.

In my opinion - altcoins will be the future of the market. Bitcoin is so old and it is the time to young and perspective coins like LTC, ETH and other.

cryptocurrency is young and everyone has opportunities for development

even though at this time bitcoin is being destroyed in price it does not mean that bitcoin has to retreat from its title to be the king of crypto, because until now there are no coins that can match the value of bitcoin and altcoin is also a very bright coin for the future like Bitcoin

If BTC does not function properly lately, for me this is an opportunity for altcoins even though I believe that altcoin cannot pass BTC, but at least with the conditions of BTC prices, altcoin must do something that can lift itself a little from BTC. previously. I mean Altcoin is an altcoin that has potential.

There is gradually improvement. At least, we are having some percentage increase for the past 2-3 days now.
Most of the time, if btc plummets, since most altcoins are paired with it, they also have every tendency to fall along with it. Although, there are some altcoins that, despite falling with btc, a some points, they may begin to rise, irrespective of the price of btc at that moment.

Of course bitcoin price will affected the altcoins price in USD terms my friend,,
But not all altcoins will falling in BTC terms,,,
And a good altcoins will increase its value in bitcoin terms,, even if bitcoin down in usd terms
Regards

in my opinion all altcoins will overtake the price of bitcoin, if bitcoin rises then some of the altcoins will definitely go up but the average value for bitcoin, so bitcoin is very influential on the other altcoin prices.

For now, bitcoin seems to be the barometer of the whole cryptocurrency that altcoins' price are affected by bitcoin. We haven't seen a time where bitcoin is going down while altcoins are going up. The reason for this is that bitcoin occupies the majority of the market which above 50%.

 I am sure everyone is quite aware of what had just recently happen in the market, the huge drops on crypto market resulting to a very large loses on almost all investors of crypto and ALT coins, But it is the reality on the market, price value may goes ups and goes down dependent on the volume of investment by the investors put in for such specific coin on the crypto or ALT coin as posted in the market, We've seen the market activity not all are loser there are some gainer's. Bitcoin drops, some ALT coin goes ups, it is the market investors or consumer's level of confidence that affects the Volatility of the market.

it doesn't mean that bitcoin is old then it can never be trusted. many investor are still invest in bitcoin, bitcoin there know the possibility of having bitcoin a potential to grow, many newbies here are commonly think that bitcoin is old but when you search about bitcoin in its capacity you can say that even its old it helping old investor to grow even now.

One thing that most folks fail to realize is that without bitcoin there are no altcoins and so in as much as bitcoin is very down for quite sometime now which altcoin have you seen increasing in significant value. Bitcoin rules the crypto market so it is always better to invest into bitcoin than altcoins..

I guess so but not all altcoin is affected for a downfall of bitcoin some altcoin is still intact and be progressive every time. Maybe because they always think that no matter btc will down it always go on the top and recover.

the presence of Altcoin that continues to experience the development of competition would be so profound for Bitcoin. If the State of the Bitcoin continue down falls will make Altcoin a golden opportunity to become so powerful and able to reliably be main coins are so worth going forward.

Sometimes there is but most of the time it isn't.

As you can see now, the market is going up and all the altcoins are going up too. And while its going down, altcoins are going down too. There are some instances before that when bitcoin goes up, alts are going inversely proportional.

For now downfall of bitcoin will followed by altcoins, but even that is happen. If we are risk taker, i think stock a little amount in altcoin is good thing to do, maybe 5-10% from all our asset that hold bitcoin.

Yes it is because that gives us a significant discount to buy more and more altcoin. as you can see bitcoin has already rebound to above $4200 and it will go even more, and the next line should be $5k
Grab your altcoin before this discount has ended. I don't know about how long this will be

Bitcoin's price affects most alt coins but am sure that there are some alt coins that rely solely on Fait and If there isn't any alt coin that rely on Fait then it means that bitcoin's price would affect all alt coins.

Theoretically when bitcoin is down alt coin will rise because most of the alt coin will be bought using bitcoin, but for now situation is the market in a very bad shape and the hash war is destroying everything, the bitcoin and alt coin price fall because there are no investors interest in investing crypto, the downfall of bitcoin is making the investors losing trust

Bitcoin and altcoin are currently experiencing a drastic decline, when bitcoin goes down it will certainly affect the altcoin too, down and going up in crypto is common but we don't panic too much and stay calm in reacting

The large depreciation of Bitcoin is a fatal injury to the altcoin. For example, if the bitcoin falls 10%, the altcoin will fall by 20%-30%. Bitcoin is already the vane of cryptocurrencies, and all coins are affected by bitcoin.

the future of Bitcoin is still a question mark and the stability of Bitcoin prices is still unclear, whether to recover or will fall again. Altcoin prices are also affected by Bitcoin price movements because if Bitcoin falls, Altcoin will also move following Bitcoin. we don't know what will happen to the price of Bitcoin in the future that is certain Altcoin will always follow the price of Bitcoin.

Those some feel is good to have Bitcoin fall in price to give room for potential altcoins to compete with bitcoin,but as for me the only opportunity as see here is that we all have the opportunity to invest in bitcion with the fall in price.

Price manipulation has smashed the market value of whole coins Its very sad to have a look on CMC everyday, everysingle investor are eagerly waiting for a change in coin value but till now there is no improvement in the market, I hope december could be a happy ending this year, let's us wait till the end of the year.

Of course Bitcoin with altcoin has the same relationship, if the price of bitcoin rises then the altcoin price will also rise, if the price of bitcoin falls then the altcoin price will also decline, but that does not mean that the fall of bitcoin is the end of bitcoin travel, but this is a temporary improvement the type of coin that we have seen so far.

The reasons that the altcoins are affected by the price of bitcoin being down is due to the fact that the coins have their trading pairs with bitcoin, so when the price and the volume of bitcoins being traded goes down, it directly affects the price of the altcoins. Basically all of the altcoins are dependent on bitcoin for their prices when it comes to bull markets

Bitcoin falling does no good to altcoins, cause they will as well fall with it. Once bitcoin starts to fall you will notice that altcoins fall with it, maybe because investors are quitting, not sure what it is though. But this how it is because they are all volatile, they will always be going down and up. Soon things will change and you will them going up again.