|
Title: Top cryptocurrency graphics Post by: bizfyn_ru on March 16, 2018, 11:27:49 AM Hello friends)
Looking at the charts, I saw a trend that all cryptocurrency is repeated after bitcoin. How can you explain this? https://preview.ibb.co/hBG6LH/222222222222222222222222222222222223.png (https://ibb.co/gmOWnx) Title: Re: Top cryptocurrency graphics Post by: vuonghoa on March 16, 2018, 12:02:32 PM You can see the marketcap, it has dropped a lot, the volume is also reduced. That proves that investors are withdrawing their capital, leading to a reduction in the price of all altcoin. We are waiting for a rebound, and I am confident that the market will recover soon
Title: Re: Top cryptocurrency graphics Post by: bizfyn_ru on March 16, 2018, 12:25:41 PM You can see the marketcap, it has dropped a lot, the volume is also reduced. That proves that investors are withdrawing their capital, leading to a reduction in the price of all altcoin. We are waiting for a rebound, and I am confident that the market will recover soon I'm wondering why the charts of other currencies repeat bitcoin.......Title: Re: Top cryptocurrency graphics Post by: boss1dg on March 16, 2018, 12:29:35 PM You can see the marketcap, it has dropped a lot, the volume is also reduced. That proves that investors are withdrawing their capital, leading to a reduction in the price of all altcoin. We are waiting for a rebound, and I am confident that the market will recover soon I'm wondering why the charts of other currencies repeat bitcoin.......you talking about chart of dollar price or btc price ?? when btc dip or pump , then other alts follow it , so it is the reason most of time for similar chart. Title: Re: Top cryptocurrency graphics Post by: bizfyn_ru on March 16, 2018, 12:54:44 PM You can see the marketcap, it has dropped a lot, the volume is also reduced. That proves that investors are withdrawing their capital, leading to a reduction in the price of all altcoin. We are waiting for a rebound, and I am confident that the market will recover soon I'm wondering why the charts of other currencies repeat bitcoin.......you talking about chart of dollar price or btc price ?? when btc dip or pump , then other alts follow it , so it is the reason most of time for similar chart. For example btc and cardano. absolutely identical graphics, but cardano does not apply to bitcoin... Title: Re: Top cryptocurrency graphics Post by: tanhai on March 16, 2018, 01:14:51 PM Because the price of altcoin is be prorated with bitcoin, and if the exchange rate between altcoin and bitcoin is unchanged, when the bitcoin price decreases, altcoin prices will fall.
Title: Re: Top cryptocurrency graphics Post by: bizfyn_ru on March 16, 2018, 02:02:03 PM Somebody can answer for my question?
Title: Re: Top cryptocurrency graphics Post by: wandino on March 16, 2018, 03:33:05 PM Yeah the market follows bitcoin. No wonder it hold nearly half of the market value
Title: Re: Top cryptocurrency graphics Post by: 21millionsbtc on March 31, 2018, 09:26:29 PM Bitcoin market is same like this in 2013 as well when it reach all time high after then price started to drop and stable so it again bounce back
Title: Re: Top cryptocurrency graphics Post by: Mazand on March 31, 2018, 09:41:24 PM Maybe Bitcoin is repeating after Stellar.
Title: Re: Top cryptocurrency graphics Post by: CryptRoller on March 31, 2018, 10:51:02 PM Well it's not just the price of bitcoin. I think it reflects the common trust in the market.
|
