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Msoall
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January 22, 2018, 07:07:52 PM
 #41


I'll try to answer this question. At the moment, bitcoin is gold. We see this and see the connection between one value (bitcoin) and another (alternative). But the values ​​are always changeable - do not forget that when used as a platinum load in the holds of ships, calling it fake silver!
palle11
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January 22, 2018, 07:07:56 PM
 #42

I just started with buying some crypto coins and have a lot to learn.

But almost every time when Bitcoin is up, al lot of the other coins also go up. And the moment Bitcoin drops , the other coins also drop. Is this just a coincidence or is htis how it always works? Can someone explain this to me?

Do not burg yourself much about the movement of bitcoin and how it causes same movement in altcoins. What is important is that you make a research before buying a coin and if you are certain about what you have researched on, you go for it.

The market is usually controlled by news, thats fundamentals. So, if an altcoin is to make a huge bullish shift, bitcoin won't stop it and the market would continue as if nothing happened.
zhekinsp
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January 22, 2018, 07:20:33 PM
 #43

But almost every time when Bitcoin is up, al lot of the other coins also go up. And the moment Bitcoin drops , the other coins also drop. Is this just a coincidence or is htis how it always works? Can someone explain this to me?
I don't think it is a coincidence,the crypto currency investors may have some positve thought when the price increasing so they keep investing on other coins where there is price fall in bitcoin and it happens upside down.But there is no connection between the price of bitcoin and altcoins the supply and demand of each coin is matter.
But it is not always happening that bicoin increasing altcoin also increasing,in 2017 other coins are stable but the price of bitcoin keep jumping to new heights everyday.So anything in the crypto world is possible but nothing can be predicted.Learn to surf on the waves bro. Cheesy

SexySexyYeah
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January 23, 2018, 11:20:38 AM
 #44

RIght now when Bitcoin is down almost of the coins follow but not all. Those who have strong fundamental or news right now are still going up. At the moment when the Total marketcap are decreasing almost coins follow especially bitcoin maybe some other people panic sell and switch to fiat. But now worries we just have to wait because it is very near that Bitcoin and altcoins will go to the moon at the same time.
Boi qaaf
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January 23, 2018, 01:05:20 PM
 #45

The price of bitcoin and altcoin is unpredictable, it could be down a lot can also rise high.
there is no explanation about the price of bitcoin and altcoin. if you want to make a profit, buy at low prices and sell at high prices.

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KTPU777
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January 23, 2018, 01:14:35 PM
 #46

This happens all the time. While altkoins are highly dependent on bitcoin. And this is what we can observe. But over time, it seems to me, altkoins will no longer be so dependent on bitcoin.

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