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Author Topic: BTC PRICE VS ALTCOINS PRICE  (Read 434 times)
Utogah
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March 19, 2018, 06:45:07 PM
 #61

BTC is absolutely linked to subunits. it is impossible to think independently of each other. The fluctuation in any one of them affects the whole system. for this reason the bit should be considered as a whole when investing.  Wink

The two cryptocoins are good to invest with. It is more advantage if you invest bitcoin because for now it is the top cryptocurrency right now. But if you can see the price today, btc has falling and falling this past few weeks and altcoins goes up. It just like vice versa ; when altcoin goes up the btc goes down. And hopefully altcoins can go straight with its highing price.
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March 19, 2018, 06:49:51 PM
 #62

You right man, Bitcoin is the King of Coins. When bitcoin fall 20% + all market will fall down when bitcoin go up all market go up. When "put random name" Altcoin fall down or increast by 20% Bitcoin stay stable. This is the reason also why btc dominance it's around 40% on market cap, while on ATH was around 30%.

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PadenoM
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March 19, 2018, 06:54:00 PM
 #63

yes it is the usual, BTC is the meter for altcoin, when BTC is falling, altcoin are following, but some of them are falling slower than other, it is good project
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March 19, 2018, 06:55:06 PM
 #64

Last year there was a very close correlation between the price of the Bitcoin and that of the altcoins, when the Bitcoin grew, most of the other cryptocurrencies also grew, but in recent months I have to say that this correlation has become minimal
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March 19, 2018, 07:03:20 PM
 #65

Yes, I am also think this matter.
If bitcoin price high, then altcoin rise up. Again bitcoin market down - altcoin go to dump.
Market depends on satoshi (bitcoin).
Now market green, because bitcoin green.

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March 22, 2018, 06:04:02 PM
 #66

Today i reviewed Coinmarketcap and found that due to falling BTC price top 50 Altcoins are also falling and are red for last 24 hours.BTC king of crypto World and the entire crypto world is dependent on BTC.Its mean that growth in BTC is the growth of Altcoins and vise versa.What you think.

Indeed because most of the altcoins are their prices are being paired with Bitcoin and it's normal that when Bitcoin drops, then almost altcoins are dropping as well.
There is one coin that do help save investors and traders' assets - USDT Tether and it's role is always being paired by USD and nothing more. It's price range only lying on USD price range so Bitcoin will only do affect altcoins price value except Tether USDT.

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May 25, 2018, 01:47:22 PM
 #67

Today i reviewed Coinmarketcap and found that due to falling BTC price top 50 Altcoins are also falling and are red for last 24 hours.BTC king of crypto World and the entire crypto world is dependent on BTC.Its mean that growth in BTC is the growth of Altcoins and vise versa.What you think.

Indeed because most of the altcoins are their prices are being paired with Bitcoin and it's normal that when Bitcoin drops, then almost altcoins are dropping as well.
There is one coin that do help save investors and traders' assets - USDT Tether and it's role is always being paired by USD and nothing more. It's price range only lying on USD price range so Bitcoin will only do affect altcoins price value except Tether USDT.

Every alternative coin has their own dollar value, and i don't know where they are getting it.
there is 2 most used coin in trading ETH AND BTC..
and ETH are also depending on the price of bitcoin,
And bitcoin is the only currency which really has dollar value in any market.
SO it is! all coins and tokens are depending and connected to btc price.
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July 31, 2018, 08:37:47 PM
 #68

If you look at bitcoin, it alone controls nearly 47% of the market which means that it will affect the overall market capitalization of the cryptocurrency market which is mostly composed of altcoins, this can be understood by the fact that whenever bitcoin falls altcoins fall too.
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