Temik2704
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March 19, 2018, 06:36:49 AM |
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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.
It really depends on curreny trend of market. Now all market is green, BTC growed for 8%... But in my opinion - it is a trap and BTC will go down again soon.
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btcefeyigit
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March 19, 2018, 06:39:04 AM |
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The crypto money market is very moving. The volume of money right now is very low. The low price of btc is affecting the prices of the altcoins.
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lvincent
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March 19, 2018, 06:46:12 AM |
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BTC is king all alts are created through innovation because unlike that bitcoin that is created genuine, If we check out the market what you're saying is true a lot of altcoins most likely depends on bitcoin i think the main reason is because there's still no altcoin that is worthy enough to surpass bitcoin.
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D3m1r4wanti
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March 19, 2018, 06:50:24 AM |
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I see today in coinmarketcap the price goes back up and almost all altcoin also show the wear, all the price on the green kemlai market maybe bitcoin will come back at its glorious price and altcoin others will follow the bitcoin trail?
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ranchi
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March 19, 2018, 07:02:17 AM |
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To buy Altcoin one need to buy bitcoin and all altcoins are purchased from btc only, so if btc price will fall that means people are not buying Altcoin and price will go down.
So first impact will be on btc and then on altcoins
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pabpete
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March 19, 2018, 07:22:37 AM |
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I see today in coinmarketcap the price goes back up and almost all altcoin also show the wear, all the price on the green kemlai market maybe bitcoin will come back at its glorious price and altcoin others will follow the bitcoin trail?
Bitcoin is the most popular digital currency, altcoins for the most part will set up what’s called a “trading pair” with Bitcoin.This in turn could obviously increase or decrease the value & price of Bitcoin because of its central placement within the market of most altcoin trades.
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pasagir
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March 19, 2018, 07:32:29 AM |
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When BTC falls - the whole market falls. When the BTC grows - the Alts fall. Only when BTC is stable - Alts can grow!
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ciciliacrypto
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March 19, 2018, 04:07:17 PM |
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the price of btc to alt and alt to btc is equal and opposite.
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Domenc
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March 19, 2018, 04:14:16 PM |
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When Bitcoin crashes, altcoin follows the same train and market becomes red. You could easily see both big caps and lows caps were badly hit by the crash but when the market tends to recover altcoin also recover in no time. Bitcoin is always the king as we can easily see Bitcoin Dominance more than 40% at all time which clearly makes it to be powerful and tends to influence the market at both time of rise and dips.
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jpoker272727
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March 19, 2018, 04:18:21 PM Last edit: May 02, 2018, 01:24:40 PM by jpoker272727 |
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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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NEERAJ ANAND
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March 19, 2018, 06:05:09 PM |
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I am fully agree with your thinking that howl crypto market follow bitcoin price. Whenever bitcoin drops all altcoins also follow the bitcoin and start dropping and vise versa.
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Lala Sravan
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March 19, 2018, 06:09:56 PM |
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According to me BTC Is the king of Altcoins, the price of Altcoins will depends on the BTC. i have observed most of the time if the BTC increased the Altcoins also increased and if BTC is decreased the Altcoins also taken down trend. Some Altcoins slightly different.
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usd.dev
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March 19, 2018, 06:13:41 PM |
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In the near future, it is worth waiting for growth first first among the first, then everything else. It is necessary to understand that after such a deep correction, growth will be very uncertain and not fast, perhaps, the regime is sluggish. In the end, many people dropped out of the system and are hungry for growth.
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efey399
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March 19, 2018, 06:15:59 PM |
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Everything changes in the crypto money market. prices are falling significantly. BTC prices are affecting subcontinental prices.
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jakiro.hovard
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March 19, 2018, 06:18:48 PM |
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Today, the prices for crypto-currencies are very low, if I was at the very beginning of the road now, I would probably just do what I bought alcoins. Because I think that the prices today are really very small.
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ohlawdy
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March 19, 2018, 06:21:24 PM |
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Yes that is the case , because every altcoin is paired to bitcoin. The hope is that in the future altcoins will have their own pair, that way the markets can move seperately.
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sourish
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March 19, 2018, 06:28:58 PM |
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The word crypto is still synonymous with bitcoin, despite the various alts and interesting upcoming projects. For me that is one major reason for the sync.
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worldooftanks
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March 19, 2018, 06:33:59 PM |
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Of course much BTC there and violas there are of course exceptions which tarut not as much as others,but it happens every time in different ways.
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Kiefner
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March 19, 2018, 06:37:42 PM |
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This is partly true. But still not always when Bitcoin falls, it certainly should fall and altcoins. I believe that it is best to buy both Bitcoin and Altcoins.
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jhongzjhong
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March 19, 2018, 06:42:48 PM |
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Bitcoin price and altcoins price are really connected because altcoins are depended on price in bitcoin if you have altcoins you need to trade first into bitcoin before you converted into cash or fiat and that's what my understanding why they connected and also the price is connected too. They are all based in bitcoin so they called ALT of bitcoin. So, the expected price will affect on altcoin it depends upon the movement of bitcoin.
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