Bitcoin Forum
August 14, 2018, 08:44:17 PM *
News: Latest stable version of Bitcoin Core: 0.16.2  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: USDT effect on altcoin prices when BTC rises  (Read 203 times)
Sumo
Hero Member
*****
Offline Offline

Activity: 988
Merit: 500



View Profile
August 14, 2017, 10:38:42 AM
 #1

Before USDT everything traded in btc and you didn't see so much of a sell off of Alts with btc rise. Everyone just looks at usd price now so when there is a big drop in btc value, the chart does not correct.  I think on the other hand it is helping btc rise to new ath's. Btc is free from having to drag around all the alts with it when it went up. Alts used to rise with btc in dollar value.

I think the premium alts are going to have a hard time staying alive now. BTC goes up ,, Alts fall but now there is no correction because everyone goes by the usd price. BTC is a big black hole now sucking all the money out of the altcoin market.

.
                ▄▄▄▓▓▓▓▓▓▓▓▓▓▄▄
            ▄▄▓▓▀░░░░░░░░░░░░░░▓▓▓▓
          ▄▓▓░░░░░▄▄████████▄▄░░░░░░▓▓
        ▄▓▀░░░░██████████████████▄░░░▓▓▌
       ▓▓░░░▄██████████████████████▄░░░▓▓▄
      ▓░░░░█████████████████████████░░░░▓▄
     ▓▓░░░████████████████████████████▌░░░▓
    ▐▓░░░▓████████████░░░░░████████████░░░▓▓
    ▓▓░░░█████████████▓████▓███████████▌░░▐▓
    ▓▓░░░█████████████▓████████████████▌░░▐▓
    ▐▓░░░▓████████████▓░██░████████████░░░▓█
     ▓▓░░░████████████▓░██████████████▌░░░▓▌
      ▓▓░░░███████████▓██████████████▀░░░█▌
       ▓▓░░░░█████████▓▄███████████░░░░█▀
        ▓▓░░░░░██████████████████▀░░░░▓█
          ▓▓░░░░░░▀██████████▀▀░░░░░▓█▀
            ▀▓▓░░░░░░░░░░░░░░░░░░▓█▀
                ▀▓▓▓▓▓▓▓▓▓▓▓██▀▀▀
██
██
██
██
██
██
██
........BRIDGING MARKETS.......
.AN ALL INCLUSIVE ECOSYSTEM.
██
██
██
██
██
██
██
██  .Social Media.  ██
██▄███████████████████▄
██████████████████████▌
██████████████████████▌
████████████     █▀███▌
███   █████        ▐██▌
███               ▐███▌
███               ████▌
████             █████▌
█████▄▄         ██████▌
████         ▄████████▌
██████████████████████▌
██████████████████████▌
▄▓█████████████████████▓▓▄
▓██████████████████████████▌
███████████████████▓▓▀  ▓██▌
██████████████▓▀▀       ▓██▌
████████▓▀▀      ▄█    ▐███▌
███▓▀        ▄▄▓▀      ▓███▌
███▓▄▄▄   ▄▓█▓         ████▌
████████▓ ▓▌          ▓████▌
█████████▓    ▄       █████▌
██████████▌ ▄▓██▓▄   ▐█████▌
███████████████████▓▓██████▌
▐██████████████████████████
  ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
██
BOUNTY PORTALS
BLOG
WHERE BOUNTY MANAGEMENT
MEETS AUTOMATION
SIGNATURE CAMPAIGNS
TWITTER
FACEBOOK
MEDIA CAMPAIGNS
AND MORE!
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1534279457
Hero Member
*
Offline Offline

Posts: 1534279457

View Profile Personal Message (Offline)

Ignore
1534279457
Reply with quote  #2

1534279457
Report to moderator
1534279457
Hero Member
*
Offline Offline

Posts: 1534279457

View Profile Personal Message (Offline)

Ignore
1534279457
Reply with quote  #2

1534279457
Report to moderator
1534279457
Hero Member
*
Offline Offline

Posts: 1534279457

View Profile Personal Message (Offline)

Ignore
1534279457
Reply with quote  #2

1534279457
Report to moderator
TheGreatSpud
Newbie
*
Offline Offline

Activity: 28
Merit: 0

I will travel across the land. Crypto far and wide


View Profile
August 15, 2017, 06:12:01 AM
 #2

Is usd's continual drop in value also affecting btc maybe?

VibeHub Pre-sale Aug 7-20 || Crowdsale Aug 21
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!