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Author Topic: when btc will go 10x in value does this mean my alts go too ?  (Read 196 times)
Idrisu
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January 24, 2018, 07:27:31 AM
 #21

This is a reality in this market. Bitcoin going up most time will instigate a bearish momentum in altcoin market especially when the bullish trend in Bitcoin is due to a hardfork or activation. But most times when altcoins get serious pump Bitcoin get pump too. This means Bitcoin can really succeed without the help of altcoins but altcoins will die a natural death without Bitcoin. I think any moments from next month we should expect a very serious pump of Bitcoin that will channels it part for 2018!
Kryptonitka
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January 24, 2018, 08:40:38 AM
 #22

No, it does not mean. Not always the altcoins follow bitcoin with its growth. Sometimes they go the other way. Always follow the market and the news to know how to act in this particular situation. The market of crypto currency is unpredictable, one can only assume on the basis of its own analysis.

raymart0720
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March 25, 2018, 02:50:04 AM
 #23

not surely if its price will go 10X grow as the bitcoin price now. and As my current observation yes. Bitcoin do a big part and role for altcoins to go and ride with the bitcoins up and down movement . all of the cryptocurrency as well as those shitty coins down there are also driving and gaining 7000% whenever bitcoin price will go up or even go down . the fact is cryptocurrency is cannot be predict anything can happen hehehe
dg2010
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March 25, 2018, 03:19:37 AM
 #24

i can sure with when BTC drops 10x, the altcoin will reduce 10x or more because of FOMO effecition. but wilt increasing of BTC, i dont know exactly altcoin will rise 10x or not, but you can believe that altcoin will rise up certainly.
beigai
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March 25, 2018, 03:23:25 AM
 #25

i can sure with when BTC drops 10x, the altcoin will reduce 10x or more because of FOMO effecition. but wilt increasing of BTC, i dont know exactly altcoin will rise 10x or not, but you can believe that altcoin will rise up certainly.

Yes, I think your analysis makes sense.
If Bitcoin really goes up by a factor of ten times, other cryptocurrencies estimates will also rise. Only then will there be a lot of cryptocurrencies eliminated.
annicketucufaw
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March 25, 2018, 03:33:40 AM
 #26

It can affect the value of altcoins but not literally their value will also x10. Value of an altcoins really depends on its purpose, if it just a coin with a redundant purpose, for sure that it will dump in the near future. Look at  Binance coin, even if btc value goes down, its value is still going up because of its usage and purpose. I think that we are already on the stage that some altcoins can stand alone. Good news for us investors because if the coin doesn't rely much on btc or ethereum, chances that they can overtake them is high.

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