Who Agrees with Me?

[eagleman]

I've noticed the same thing, when bitcoin goes up money from altcoins are going out.
And when bitcoin starts to correct, money coming out from it is distributed to different altcoins.
But sometimes, the market is acting strange that both bitcoin and altcoin market is crashing.

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[brucecute101]

Otherwise, and cannot be, all crypto traded to bitkoinu and if bad bitkoinu, and not good altcoins. In the same way and in the real world) If your national currency tied to another, it followed and moves

[nmax21]

So I started noticing a pattern.
Everytime the market goes to the moon, the down trend lasts for a several weeks. Meaning, only when Bitcoin it's going to be at it's highest, the altcoins are going to be at the lowest point.
Then, the money from Bitcoin will start going to the Altcoins, making them going up even more.

Have you noticed the same thing?

I do not think that this is always the case. Usually all the altcoins follow the bitcoine course, which is observed now. All the top 20 crypto-currencies are reduced as well as bitcoin.

[foaman]

This pattern is common here, but I believe anyway that this was just a regulations and a corrections not the duying signs

[SmartHorek]

Bitcoin is really powerful cryptocurrency on the marketplace, i thought that everybody knew that. BTC affect 40% of the market, so when its price going down, other coins do the same

[dunfida]

So I started noticing a pattern.
Everytime the market goes to the moon, the down trend lasts for a several weeks. Meaning, only when Bitcoin it's going to be at it's highest, the altcoins are going to be at the lowest point.
Then, the money from Bitcoin will start going to the Altcoins, making them going up even more.

Have you noticed the same thing?

Not anymore on the current movement of market as of todays. We have seen fiat conversions arent going anywhere but only into investors pocket which if bitcoin do drops its price it doesnt mean it would transferred into some altcoins in the market.
This is not the case we are seeing it now and price trends are correlating to each other already, when btc dump then altcoin dump and forget about that pattern you had discovered because it doesnt exist into this very speculative market.

[socksserver3]

I think that there is some sense in your words. In my opinion, bitcoin is a popular coin that will never go down much. All price fluctuations are normal as even dollar isn't stable, however, people like btc and will continue using it

[Bitico777]

I also noticed this pattern. But there are always exceptions and what some coin goes against the market.

[Btcirene88]

I think they are different,altcoins is not totally base purely on the bitcoins supply and demand that was cause in today's downtrend taht was being carried the affectants by the whole market capitalized issues. If the bitcoin would remain steady in price some altcoins are profitably gaining because of the people who trust and invest.

[stephanie9428s]

All the time, all of the money is going into Altcoins, when the bitcoins reach a certain height. The money starts to transfer Altcoins, so most Altcoins should choose to sell at high prices and lock in profits.

[sekhan1990]

I agree that Altcoin is influenced by Bitcoin but that's it
Another negative factor is the non-acceptance of crypto as an official means of exchange in different countries. And again because of the interoperable and price demand and supply and demand supply prices.

[kb24mvp]

Yes it happens but not everyone bitcoin rises that all coins fall. It doesn't mean bitcoin is the determinant. All coin have their different markets

[chaoscoinz]

So I started noticing a pattern.
Everytime the market goes to the moon, the down trend lasts for a several weeks. Meaning, only when Bitcoin it's going to be at it's highest, the altcoins are going to be at the lowest point.
Then, the money from Bitcoin will start going to the Altcoins, making them going up even more.

Have you noticed the same thing?

Perhaps, Bitcoin is the foundation on which other coins were built, so being that Bitcoin is seen as the most popular crypto used as a medium of exchange, most coins have become dependent upon Bitcoins performance in order to flourish on the market.
It's highly complicated, but that's just my two cents!

[asdn192zhhhh]

yes I feel that way, when a market is overrun by a coin like bitcoin and other eth coins that fall under the competition will go down, but it's fortunate in altcoin that chooses the benchmark on high coins, they will go up

[indobitcoin.tk]

It is a pattern that has long been the case. many have already started to organize this kind of strategy for the profit they can get. with the start of the bitcoin and switch to altcoin then it is a great way to get money from crypto. but for those who do not understand about this pattern may be slipping and thus will not be able to get profit.

[zeakqui]

That has been the situation for long time, the cash stream into and out of the space through Bitcoin, in light of the fact that the fiat door is significantly through Bitcoin and will leave trade through Bitcoin, it is when is leave BTC that if streams into Altcoin showcase, that is the reason I use to tell individuals that it is on the enthusiasm of everybody to permit BTC cost to honey bee up on the grounds that the value development cuts the market down moreover

[Vuleamwi]

I concur with you yes from the primary diagram is generally so since all the coin depends on bitcoin if the ride altcoin is likewise a similar decent advance that we are for the present ya contribute quite a while and sit tight for the opportune time to offer or purchase

[ovbokhan]

What I notice is this, new comers show preference for bitcoins, so when therare fresh monies coming in, it goes to btc, more persons will then dump their altcoins for a while for btc, causing a further increase, then the market consolidates on btc and cash flows back to altcoins or out of the market

[pissuyakkuu]

Up until this point, I see that all the altcoins are falling in cost, when the cost of bitcoin goes down, and develops when the cost of bitcoin additionally goes up. That is, altcoins, generally speaking, rehash the value developments of bitcoin. So it was not generally, and likely won't generally be.

I especially trust that some time or another altcoins will lose their value reliance on bitcoin and will autonomously create and shape their evaluating arrangement.

[Aikolmu]

extremely, the changes that happen amongst bitcoin and altcoin are the exchange of clients from bitcoin to altcoin or the other way around. This happens on account of numerous components that happen.