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Author Topic: how bitcoin affects market?  (Read 127 times)
bitcad4u
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March 31, 2018, 12:31:14 PM
 #21

The reason for this is simple.The number of investors in bitcoin is always greater than all other crypto currency.This is the reason for the bitcoin dominate the crypto currency.The investors of all other coin will surely have their share in bitcoin.If the bitcoin price reduce,surely it will impact on other coin.
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March 31, 2018, 12:53:50 PM
 #22

Bitcoin is the most important currency in cryptocurrency and all Altcoin is concerned related with Bitcoin. it is clear if the price of Bitcoin down then Altcoin prices follow down as well, Bitcoin is including the center of all Altcoin's market prices.
Bitcoin and Altcoin are the same digital currencies and they is are interconnected.


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SamReomo
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March 31, 2018, 04:31:09 PM
 #23

Hi guys , i just want to know how bitcoins affects the flow of the cryptocurrency market?
Bitcoins affect the market because it is the head of the all cryptoes and it shares the highest percentage of the crypto-currency market.

whats the basis or reasons why its going to be bloody when bitcoin drops ? As i observed when bitcoin drops , all coins drops also, and also when bitcoin is bloody , all coins are bloody too.  do  you have some further explanation about this crap.
Bitcoin is the only digital currency that we refer as a true crypto because other cryptos are just alternative coins. Their whole market is due to the presence of the mighty Bitcoin, and if it goes down then they will also go down. Alt coins do have their own value and features but without the main unit (King of the cryptoes,) they are not able to exist by their own self, and thus results in their value going downward rather than upward.
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April 02, 2018, 07:37:50 PM
 #24

Bitcoin is the first cryptocurrency. All other altcoins depends on Bitcoin, so naturally when Bitcoin drops, Other altcoins drop as well.
Bitcoin is like the General and other altcoins are the soldiers.
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April 16, 2018, 04:44:21 AM
 #25

The king of all the crypto currency is influenced by the bitcoin market. Bitcoin influences the price of another currency on it. Bitcoin prices are discussed more in the market. The more markets will be discussed, the more it will get market expansion.
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April 16, 2018, 05:31:37 AM
 #26

Yes, bitcoin is the king of the market today, all the value of the altcoin depends on the value of the bitcoin, and the fact that we see clearly if the price of Bitcoin drops, the price of Altcoin also decreases. Think it's because bitcoin is the first cryptocurrency and bitcoin price that is really high compared to other altcoins.
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April 16, 2018, 05:43:52 AM
 #27

Of course, Bitcoin is the first cryptocurrency, the king of all secret currencies, in fact we see clearly that if the price of Bitcoin drops, the price of Altcoin drops. So I guess that bitcoin is really good for our future.

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April 16, 2018, 05:57:57 AM
 #28

Hi guys , i just want to know how bitcoins affects the flow of the cryptocurrency market? whats the basis or reasons why its going to be bloody when bitcoin drops ? As i observed when bitcoin drops , all coins drops also, and also when bitcoin is bloody , all coins are bloody too.  do  you have some further explanation about this crap.

I think it because bitcoin is the mother of cryptocurrency and the other coins value are relying into it. As we are known bitcoin has a biggest part in cryto world. It is the starter of all crypto so when it's movement are going down there is a big possibility that some other coins are following to it. Bitcoin is the leading crypto and it is the reason why cryptocurrency and cryptomarket are already known all over the world.

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April 16, 2018, 06:07:26 AM
 #29

Bitcoin is the first and very popular currency in the crypto world so it is also true that bitcoin holding in the market is more than any other coin of the crypto world and it is not possible that with out bitcoin the market will not run with full fledged swing and it is good that bitcoin is more safe and secure form of currency and for now the bitcoin investment is more profitable.

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April 16, 2018, 06:09:25 AM
 #30

btc is strong affect to whole market,alt coin increase and decrease with btc,btc is leader of whole market,btc cap near 50%all market cap,i hope one day there are many coin develop and share affect to whole market to affect of btc not strong now,it is not fair
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April 16, 2018, 07:00:25 AM
 #31

The reason is simple, most Alt coins are eventually traded for cash or back to Bitcoin. How many merchants do you know that accepts say, "CrapCoin" compared to Bitcoin? The trader needs to convert his or her "CrapCoin" back to BTC or Cash for it to be useful. So when the BTC price move in a specific direction, the Alt coin price is also influenced.

Bitcoin is more useful, because it has the biggest network of users and merchants.

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April 16, 2018, 01:58:01 PM
 #32

Hi guys , i just want to know how bitcoins affects the flow of the cryptocurrency market? whats the basis or reasons why its going to be bloody when bitcoin drops ? As i observed when bitcoin drops , all coins drops also, and also when bitcoin is bloody , all coins are bloody too.  do  you have some further explanation about this crap.

I think it because bitcoin is the mother of cryptocurrency and the other coins value are relying into it. As we are known bitcoin has a biggest part in cryto world. It is the starter of all crypto so when it's movement are going down there is a big possibility that some other coins are following to it. Bitcoin is the leading crypto and it is the reason why cryptocurrency and cryptomarket are already known all over the world.
It could be affected of course because market has played a biggest role in the society. So bitcoin is involved that means bitcoin has shared something to the market and not just a market but a bigger and wider range of markets. Whenever bitcoin goes low,the market also has the tendency to go down especially if the market depends on bitcoin as source of financial assistance or a kind of their asset. No wonder market is affected because of bitcoin.

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April 16, 2018, 03:52:20 PM
 #33

Hi guys , i just want to know how bitcoins affects the flow of the cryptocurrency market? whats the basis or reasons why its going to be bloody when bitcoin drops ? As i observed when bitcoin drops , all coins drops also, and also when bitcoin is bloody , all coins are bloody too.  do  you have some further explanation about this crap.
bitcoin decides it all up altcoin. Because the altcoin / bitcoin pairs are a lot. Mostly so. If bitcoin is up then the price of altcoin will increase as well and vice versa. If bitcoin goes down what price of altcoin will go down as well

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April 17, 2018, 03:51:15 AM
 #34

Hi guys , i just want to know how bitcoins affects the flow of the cryptocurrency market? whats the basis or reasons why its going to be bloody when bitcoin drops ? As i observed when bitcoin drops , all coins drops also, and also when bitcoin is bloody , all coins are bloody too.  do  you have some further explanation about this crap.

I think it because bitcoin is the mother of cryptocurrency and the other coins value are relying into it. As we are known bitcoin has a biggest part in cryto world. It is the starter of all crypto so when it's movement are going down there is a big possibility that some other coins are following to it. Bitcoin is the leading crypto and it is the reason why cryptocurrency and cryptomarket are already known all over the world.
The thing here is that the whole show started with bitcoin and no one can even dispute that fact, and this gives bitcoin an edge a lot in the market than any other cryptocurrency. Also, we have to understand that they call the other coins, alt, because they are simply just an alternate and that is what they will ever be.

Yes, no one can know what the future holds for any coin, but investors would rely more on the future of bitcoin and only use altcoins as stocks in the long run, which is what I believe will end up happening in this market.
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April 17, 2018, 10:28:13 AM
 #35

The king of all the crypto currency is influenced by the bitcoin market. Bitcoin influences the price of another currency on it. Bitcoin prices are discussed more in the market. The more markets will be discussed, the more it will get market expansion.
Maybe we should just put it this way, bitcoin is the first, highly used, more established and more traded in the biggest level than any other cryptocurrency and that gives it an upper hand in the market. Also, we need to understand that most altcoins are tagged in price as well with bitcoin and as a result of that, we also get to see most traders considering the altcoins as money making market and that in itself makes the fluctuation in price of bitcoin to affect them greatly.

investors would rely more on the future of bitcoin and only use altcoins as stocks in the long run, which is what I believe will end up happening in this market.
You mean people will sell off their altcoin stash whereas they will keep holding their bitcoins ? Probabaly if bitcoin gets more number of real life applications then we cannot expect people to sell and book profits unlike they usually do with stocks.


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eaglewhite80
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April 17, 2018, 03:49:53 PM
 #36

Of course, Bitcoin is the first cryptocurrency, the king of all secret currencies, in fact we see clearly that if the price of Bitcoin drops, the price of Altcoin drops. So I guess that bitcoin is really good for our future.

As far as I am concerned, every other altcoin was just more like a clone, and as the last time I checked, that is the reason why they call them alternate coins, which makes bitcoin to remain the legacy coin.
The thing here is that the market is controlled by the market makers, and it is their perception in the market that makes the market what it is. This is the reason why altcoins for now will still be in the shadow of bitcoin until later on, when most of them become useful in their own way to stand on their own in the market without them just being speculative in nature only.

HELLOFF
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April 17, 2018, 08:49:17 PM
 #37

Hi guys , i just want to know how bitcoins affects the flow of the cryptocurrency market? whats the basis or reasons why its going to be bloody when bitcoin drops ? As i observed when bitcoin drops , all coins drops also, and also when bitcoin is bloody , all coins are bloody too.  do  you have some further explanation about this crap.
bitcoin decides it all up altcoin. Because the altcoin / bitcoin pairs are a lot. Mostly so. If bitcoin is up then the price of altcoin will increase as well and vice versa. If bitcoin goes down what price of altcoin will go down as well
but apparently everything should be different, because if the price of Bitcoin is lowered, then the price of the coin should be higher. But if today's situation shows a drop in Bitcoin, then the entire market is crippled.

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