BTC PRICE VS ALTCOINS PRICE

[Zyborg]

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.

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[socks435]

Yeah, I think they are connected if bitcoin is increasing altcoin are also increasing because to my own theory if you are living in the country only you can exchange is bitcoin you must convert your altcoin first to bitcoin before you exchange them into fiat.

I don't know the other reason, but this is my own theory that is why the price of altcoin decrease every time the price of bitcoin drop.

[shainasaz]

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.

Yes that is true alcoin also falling down when BTC price down but not all altcoin may be 80% of all altcoin affected the Up and down trends of bitcoin because bitcoin is a coin base in cryptocurrency it is normal that altcoin movement affected the movement pulse of bitcoin.

[sorehammer]

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.

Absolutely true.When BTC price escalate other Altcoins also show same behavior. Altcoins are correlated with BTC.BTC is the coin marke champion,if champion do something great obviously there will be pleasant effect on rest of the team.2017 was breakthrough year for BTC and all the Altcoins grew a lot during 2017.

[sheenshane]

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.

Absolutely true.When BTC price escalate other Altcoins also show same behavior. Altcoins are correlated with BTC.BTC is the coin marke champion,if champion do something great obviously there will be pleasant effect on rest of the team.2017 was breakthrough year for BTC and all the Altcoins grew a lot during 2017.

Yes, they are connected with BTC king all altcoins are depended on bitcoin price when bitcoin is dropping in the market also followed by altcoins even the ethereum base coin or token they also dropping the price but I saw not all are colour red there are other coins in the market cap is green. Not all are affected by price decreasing of bitcoin, and hopefully, by next 2 months it will raising back again.

[Onur_luna]

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. 

[szafa]

This is always happend in weekend.

[ntodntodan69]

because bitcoin is the king of the crypto currency so some traders panic when bitcoin and ethereum prices go down, so until now it can be assumed that when bitcoin and ethereum prices decrease eating other altcoin prices will come down

[liangweicha]

BTC and altcoin to always amazing similar, so most of the time when the BTC fall, and most altcoin will follow down, so when the big fall in BTC is a bear market, it is a good experience.

[VeeraS]

yes, that's exactly what happened to the case for the umpteenth time again. perhaps, there must be an innovative altcoin to be a bitcoin competitor in order for the market to be balanced. the current decline is due to many factors, and lastly the google ban for crypto ads. has not been proven to be a bad effect, may not even have any effect, but the panic is increasingly becoming ultimately creating a back drop.

[Kallipso]

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.

To great regret this is so, bitcoin has as a huge impact on all the altcoins and the entire market. I'm really looking forward to the moment when the communication breaks down and then the altcoins really show the true face.

[breadginger56]

As we know that bitcoin was the first cryptocurrency made, so the subcoins and other altcoins depends on the average pricing of bitcoin. And I think no Altcoin will ever get past the price of bitcoin.

[BTCeminjas]

This is always happend in weekend.

Are you sure that every weekend like this?
Well, because of bitcoin is the mainstream of all coins there altcoin is followed if the price of bitcoin will drop and also it is raising up again.
There are many reasons now bitcoin is dropping for a while, an issue of Google ban for crypto ads and lastly, there is exchange site was hacked. But all of these are a big trial to bitcoin and we must cooperate at this time all you need to do is just hold on for a while and have a patience.

[Mike1992]

Recently you may have noticed that the increase of ALT coin’s value is highly correlated with the increase of BTC and vice-versa. Let’s add the USD to the ratio where ALT/BTC is also ALT/USD / BTC/USD. If people are buying more bitcoins then they are increasing the BTC/USD value. But since ALT is also rising, it means that BTC is also traded to buy ALT resulting in an increase of ALT/BTC which can also be translated to an increase of ALT/USD. The opposite is also correct, the decrease of ALT/BTC and BTC/USD together is a result of a quick sell of both BTC and ALT.

[Sir mikolo]

You notice an increase of ALT/BTC and a decrease of BTC/USD. Remember that ALT/BTC is also “ALT/USD / BTC/USD”, so if BTC/USD is decreasing and ALT/BTC is increasing, that means that a good sum of traders are either holding on to their ALT coins and/or trading BTC for ALT while others are shorting BTC for USD in the market.

[Mikolo11132]

Simple math, ALT/BTC ratio would decrease if:
- ALT coin’s value drops (i.e. people are selling the ALT coin or trading it for BTC or other ALT coins).
and/or
- BTC value increases (i.e., more demand for BTC from various accounts including USD and ALT coin conversion)
Similarly, ALT/BTC ratio would increase if:
- ALT coin’s value increases (i.e. people are buying an ALT coin by trading BTC or other ALT coins).
and/or
- BTC value decreases (i.e., BTC is cashed out for USD or other currency or traded for ALT coins)

[helin9108]

Yes I am completely agree with you that all altcoins follows Bitcoins because I believe that Bitcoin is the mother currency of all crypto currency and you can seen when bitcoins made life time high at 21000$ level and stayed there, all altcoins also made their life time high as well and then bitcoin fallen to 6500-7000$ level mean almost 70% fall in bitcoin, all altcoins also fallen almost 70-80% from their highs.And the bitcoin is the parameter to watch the market , people see most on bitcoin for market trend.

[ntodntodan69]

because bitcoin is the king of the crypto currency so some traders panic when bitcoin and ethereum prices go down, so until now it can be assumed that when bitcoin and ethereum prices decrease eating other altcoin prices will come down

[hansbans]

In the past, the price of bitcoin decreased while the price of altcoins increased. Now the price of both falls. Investors will not laugh as long as the downtrend continues.
People do not have to sell their hands to see rises

[Igromania]

In the past, the price of bitcoin decreased while the price of altcoins increased. Now the price of both falls. Investors will not laugh as long as the downtrend continues.
People do not have to sell their hands to see rises

When it was that the price of bitcoin decreased while the price of altcoins increased? first time I hear it) As far as I know always the price of Altcoins dependent on bitcoin.