what does $1000 bitcoin price mean for altcoins?

[legendbtc]

It's completely common is bitcoin trading history because all other altcoins have completely depend on bitcoin so they need to take break until when the price of bitcoin will settle at one point.But really it will effect all other altcoin investors also due to rise in bitcoin price.

[Chin Cheng]

It's completely common is bitcoin trading history because all other altcoins have completely depend on bitcoin so they need to take break until when the price of bitcoin will settle at one point.But really it will effect all other altcoin investors also due to rise in bitcoin price.

I do not see any vast difference in the price and the price parity wont affect  the rest of the coins ,bitcoin is gaining momentum and so does many other coins but the alt coins btc prices has being a difference but the over all status is not that bad as some things it is.Yesterday Monero had a decent rise and so does Iconomi and several other coins .It trading and you are bound to see those rise and falls.

[Satifan]

It's completely common is bitcoin trading history because all other altcoins have completely depend on bitcoin so they need to take break until when the price of bitcoin will settle at one point.But really it will effect all other altcoin investors also due to rise in bitcoin price.

I do not see any vast difference in the price and the price parity wont affect  the rest of the coins ,bitcoin is gaining momentum and so does many other coins but the alt coins btc prices has being a difference but the over all status is not that bad as some things it is.Yesterday Monero had a decent rise and so does Iconomi and several other coins .It trading and you are bound to see those rise and falls.

If the bitcoin price is high and many people cannot afford it, some people will buy the altcoins. So it is good for the altcoins.

[c4s7or]

It's completely common is bitcoin trading history because all other altcoins have completely depend on bitcoin so they need to take break until when the price of bitcoin will settle at one point.But really it will effect all other altcoin investors also due to rise in bitcoin price.

I do not see any vast difference in the price and the price parity wont affect  the rest of the coins ,bitcoin is gaining momentum and so does many other coins but the alt coins btc prices has being a difference but the over all status is not that bad as some things it is.Yesterday Monero had a decent rise and so does Iconomi and several other coins .It trading and you are bound to see those rise and falls.

If the bitcoin price is high and many people cannot afford it, some people will buy the altcoins. So it is good for the altcoins.

This make no sense. People dont have to buy whole bitcoins.

[Zadicar]

It's completely common is bitcoin trading history because all other altcoins have completely depend on bitcoin so they need to take break until when the price of bitcoin will settle at one point.But really it will effect all other altcoin investors also due to rise in bitcoin price.

I do not see any vast difference in the price and the price parity wont affect  the rest of the coins ,bitcoin is gaining momentum and so does many other coins but the alt coins btc prices has being a difference but the over all status is not that bad as some things it is.Yesterday Monero had a decent rise and so does Iconomi and several other coins .It trading and you are bound to see those rise and falls.

If the bitcoin price is high and many people cannot afford it, some people will buy the altcoins. So it is good for the altcoins.

This make no sense. People dont have to buy whole bitcoins.

It doesnt have any sense and not relevant to the topic too. Bitcoin can be bought even on small amounts and not necessarily to buy a whole bitcoin.Seeing on the current state of bitcoins price its indeed on high price now and altcoins price is dropping this might be the effect but it doesnt mean that their prices would remain still as bitcoin price would stabilize then thats the time for altcoins thats only for those who have potential on the market.

[Diced90]

Correct me were am wrong isn't this bitcoin altcoin relationship suppose to be that if the bitcoin price really goes up then some altcoins being Inversely Proportional will lose ground and their price goes down?

[elrippo]

Well, XMR Monero is going parallel to BTC at the rise. I wonder if it will go parallel with the fall, honestly i do not think so. I believe the rise in XMR Monero is naturally driven and will make it only stronger if BTC falls 

[Herbert2020]

Correct me were am wrong isn't this bitcoin altcoin relationship suppose to be that if the bitcoin price really goes up then some altcoins being Inversely Proportional will lose ground and their price goes down?

well from what i have seen so far during these years these are the things that will happen whenever bitcoin price goes up

- traders take their money out of altcoin market and stop trading them to focus completely on bitcoin trading which removes resistances on altcoin price and the dumps in altcoin market (by miners and others) crashes the price.

- altcoins that are being traded with both bitcoin and USD can only keep the USD price the same, this means their price against bitcoin goes down this fall creates panic and lots of sells and crashes the price.

- there are some altcoins that act regardless of bitcoin price (a handful of them) they are either manipulated coins like ethereum which you can see whales putting up gigantic walls as big as 500-1000BTC at a time to prevent any fall. and there are also some other altcoins like litecoin that moves with bitcoin since they are similar to bitcoin and Chinese focus on these two at the same time.

[mkmdoc]

It's completely common is bitcoin trading history because all other altcoins have completely depend on bitcoin so they need to take break until when the price of bitcoin will settle at one point.But really it will effect all other altcoin investors also due to rise in bitcoin price.

I do not see any vast difference in the price and the price parity wont affect  the rest of the coins ,bitcoin is gaining momentum and so does many other coins but the alt coins btc prices has being a difference but the over all status is not that bad as some things it is.Yesterday Monero had a decent rise and so does Iconomi and several other coins .It trading and you are bound to see those rise and falls.

Yes you right any thing can happen in trading market, without ups and down how can a trading assets will work. The only thing every one should do when ever the bitcoin price increasing people should remember one thing that is you have to buy altcoin because we can able buy more altcoin so once bitcoin price consistent than you sell them for btc.

[JerryWinski]

When bitcoin goes up altcoins go down. When bitcoin goes down altcoins go down. That seems to be the trend.

Wait for bitcoin to stabilize and then altcoins will go up. But rarely to their old highs.

[MissionPhailed]

I suspect (some) altcoins could rise or even explode in value as Bitcoin has reached its peak for the time being; masses of traders looking for a profit could switch over to the relative cheap altcoins and thus driving the price up. I believe this also happened in the final months of 2013; after Bitcoin reached it ATH back then, most alts also rose sharply in value, sometimes up to thousands of %.

[memequiserle]

today bitcoin is crash
bitcoin price down until 811 dollar/bitcoin
you can see all altcoin price incraese
so bitcoin price always corelation altcoin price

[Kevinde]

today bitcoin is crash
bitcoin price down until 811 dollar/bitcoin
you can see all altcoin price incraese
so bitcoin price always corelation altcoin price

When the bitcoin is rising up , altcoins are being down
when the bitcoin is decreasing , altcoins  are being down.
when the bitcoin is stable, altcoins are rising up.

That is my thought at the present.

[BitcoinHodler]

today bitcoin is crash
bitcoin price down until 811 dollar/bitcoin
you can see all altcoin price incraese
so bitcoin price always corelation altcoin price

When the bitcoin is rising up , altcoins are being down
when the bitcoin is decreasing , altcoins  are being down.
when the bitcoin is stable, altcoins are rising up.

That is my thought at the present.

i agree with this one.
because whenever bitcoin price is volatile, it doesn't matter for the traders that it is going up or going down, the volatility is the only thing they need to make profit so they go to bitcoin market to make profit and altcoin market crashes hard.
also you should remember that to all these things that we say there is always an exception.

[J Gambler]

i think aletnative coins not affect the bitcoin peice its demand on that month that investors and holders of the bitcoin really pump the bitcoin this the only way to gain a profit bitcoin price will be at 600$ soon so be ready people

[modsa26]

I ve some eth, fct, zec and amp. and I purchased littlebit more altcoins while BTC is rising, altcoins decrease. I mean In fact, It was another chance for me. when BTC rise, altcoins go down. Everybody accept it. Because rising means trust for BTC. If people get more BTC "I confidence BTC I dont need altcoins". After "this huge new year" pump. and known as It will surely decarease. BUT what gonna exactly 'decrase'. 700? 600? We'll see. BTC still has huge volativity and still we cant expect what gonna happen. but I tested it. dont condence altcoins so much. I think, you should relase your altcoins after got enough profit.

[dlemfjqm]

Isn't this straightforward? When bitcoin is rallying, alts are taking a shit and once bitcoin settles alts will either stable out or start to rally again depending on what's going on in the project, market manipulation, etc.

[shanem]

When the price of bitcoin goes up a lot, altcoins will drop in the short term as people either sell to ride on bitcoin or convert to fiat for cashing out.
As the bitcoin bull market continues, people will gradually turn to alts as the price of bitcoin looks expensive compared to other coins. Then you will see huge rallies in altcoins as everyone rushes to find the next bitcoin.

[milewilda]

When the price of bitcoin goes up a lot, altcoins will drop in the short term as people either sell to ride on bitcoin or convert to fiat for cashing out.
As the bitcoin bull market continues, people will gradually turn to alts as the price of bitcoin looks expensive compared to other coins. Then you will see huge rallies in altcoins as everyone rushes to find the next bitcoin.

Most altcoins do really have decrease on their price when bitcoin price increases and you are right on your points they are riding the bullish trend but there are some alts doesn't tend to decrease its price infact they are sticking to move up.I don't know whats the true reason behind this since im not too expert on crypto trading.This thing is just what I observed.

[Satifan]

When the price of bitcoin goes up a lot, altcoins will drop in the short term as people either sell to ride on bitcoin or convert to fiat for cashing out.
As the bitcoin bull market continues, people will gradually turn to alts as the price of bitcoin looks expensive compared to other coins. Then you will see huge rallies in altcoins as everyone rushes to find the next bitcoin.

Most altcoins do really have decrease on their price when bitcoin price increases and you are right on your points they are riding the bullish trend but there are some alts doesn't tend to decrease its price infact they are sticking to move up.I don't know whats the true reason behind this since im not too expert on crypto trading.This thing is just what I observed.

Now, it is better to buy bitcoin.