Bitcoin UP = Altcoin DOWN

[cryp24x]

Hi All,

Can you please explain to this newbie if this is the general trend:

Bitcoin UP = Altcoin DOWN

thanks

That is how it worked most of the time, but as you can see this massive rally has not only included bitcoin but almost every other major coin in existence, this is what happens when the money invested in cryptocurrencies grows instead of the same money just moving around.

Honestly I am quite surprised why several altcoin increase rather than decrease in price.  It seems altcoin are riding with bitcoin popularity and making people to invest in alternate cryptocurrency due to bitcoin scalability issue.   Or probably there is some whales that orgnized a syncronized altcoin pumping    (This is just may imagination do not bother)

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[cengsuwuei]

this now is deifference
bitcoin price incraese very high, all altcoin still follow incraese, not down price

[South Park]

Hi All,

Can you please explain to this newbie if this is the general trend:

Bitcoin UP = Altcoin DOWN

thanks

That is how it worked most of the time, but as you can see this massive rally has not only included bitcoin but almost every other major coin in existence, this is what happens when the money invested in cryptocurrencies grows instead of the same money just moving around.

Honestly I am quite surprised why several altcoin increase rather than decrease in price.  It seems altcoin are riding with bitcoin popularity and making people to invest in alternate cryptocurrency due to bitcoin scalability issue.   Or probably there is some whales that orgnized a syncronized altcoin pumping    (This is just may imagination do not bother)

That is one explanation, another one is since some think this is real growth and not a bubble then it is possible investors have decide they are willing to take an even greater risk and are willing to invest on, altcoin in order to raise their chance of making even more money in a shorter time frame.

[YuginKadoya]

Hi All,

Can you please explain to this newbie if this is the general trend:

Bitcoin UP = Altcoin DOWN

thanks

That is what happens all the time and I think that no Altcoins can ever progresses what Bitcoin has atain right now and we can really see the real deal in bitcoin because of the price right now that is as of now $2398.99 dollar and still coming up really steadily but I gotta admit if it isn't to Altcoins there is not trade between any coins right now.