All coin values down and up with BTC! Is it good?

[suvo05]

It is quite clear that the all altcoin values rise up and goes down with the bitcoin. A clear indication of direct relation to the BTC value to the altcoins. Is it good for the coins or is it harmful for the market?

[morgan4140]

It was all the time, it's normal. I'm worried about the fact that trading volumes almost fell by 100 %

[mwaqar17]

In my opinion BTC is the only King of the Market. Every crypto thing is directly dependent on BTC so it need to be strong all the time. Some people say that BTC do not have potential anymore but time has proved so many time that BTC is the ultimate crypto King

[SHAWN-MIDWAYS]

It is quite clear that the all altcoin values rise up and goes down with the bitcoin. A clear indication of direct relation to the BTC value to the altcoins. Is it good for the coins or is it harmful for the market?

In terms of being good or harmful. I think dipping prices are good for the market as this allows new investors to join the crypto market and eventually grow the market organically without manipulation from some pump cartels.

[lelou]

It is normal for altcoins to go up and down with btc because most of them are pegged only in btc and not in usd.

[emmanmalaman]

I think it's just normal for now because what made people run for crypto is Bitcoin. Maybe in 2020, 2025, or even 2030, when Bitcoin's dominance will be as low as 5-10%, other platforms can stand for themselves such as Ethereum, Neo, Cardano, NEM, Stellar, and other major crypto.

[tycsols]

At the moment it is just due to market sentiment, people are coming in the market with usd and then taking profit, so market is moving in terms of its usd volume, so we can say that at the moment btc and alts are in the same ship.

[EleGiggle]

I think that this is not very good, I would like that the altcoins be more independent of the Bitcoin

[Chuokie]

Bitcoin price effect the altcoin value specially when you say BTC price increases then 65-90 % that altcoin value increases too, but their are some altcoin that still dropping even though BTC is going up, because the problem is the number of their contributor does affect also a coin value.

[icoprofits]

altcoin market is dependent on bitcoin coin market so we need to wait for right time in buying and holding alt coin market before we make any action

[bhantom]

It is quite clear that the all altcoin values rise up and goes down with the bitcoin. A clear indication of direct relation to the BTC value to the altcoins. Is it good for the coins or is it harmful for the market?

It is good, because when bitcoin falling, altcoins falling, but when bitcoin growing altcoins growing too. Btc drives every altcoins and it is good. So there must be some negative effect. That is all

[Entei]

In my opinion it is bad for the market and good for the investor who knows how to surf and withdraw your profits and overall good it offers a winnings opportunity future when the market returns its axes in highs, so it is not a period of complaint but of gratitude. Another analysis that we can do is the dependence on altcoins in relation to the price of Bitcoin that sooner or later may be prejudicial for the market, no doubts.

[carriebee]

At the moment it is just due to market sentiment, people are coming in the market with usd and then taking profit, so market is moving in terms of its usd volume, so we can say that at the moment btc and alts are in the same ship.

All values coin down and up because the market is very alive mostly taking profits. Yes usually when btc up altcoins does follow, due to the fact that some ride with the train to earned profit.

[mobilezz]

It is quite clear that the all altcoin values rise up and goes down with the bitcoin. A clear indication of direct relation to the BTC value to the altcoins. Is it good for the coins or is it harmful for the market?

That's right, but it's not good because I wanted the altcoins to independently develop and show their best sides, and they get caught up and fail in their endeavors and beat the bitcoin they can not have any chances.

[WalkerIVIV]

It is quite clear that the all altcoin values rise up and goes down with the bitcoin. A clear indication of direct relation to the BTC value to the altcoins. Is it good for the coins or is it harmful for the market?

It is good, because when bitcoin falling, altcoins falling, but when bitcoin growing altcoins growing too. Btc drives every altcoins and it is good. So there must be some negative effect. That is all

It's really different with the fact that bitcoin is not growting a lot and then altcoin seems not follow the bitcoin trend and this time it has been decreasing again.
The only good thing to see when all of the cryptocurrency goes up again. If bitcoin the only one that goes up and altcoin will down.

[labilaab]

Yeah I observe it too. What left alone on green side are those with just low supply coins. I think btc has an influence to altcoins. Maybe it’s because many of altcoins still dependent to bitcoin exchange right before being converted to fiat currency.

[zabisux]

It is okay. Markets are always behave with bitcoin. So situation you suggest would happen only temporary for like a week? (max). Altcoins would follow bitcoin later on. So its my desire is for bitcoin's raise.

[ColdZerk]

The rates have changed by only ~10 percent.
This is the usual behavior of the market and you should not react so much to it.

[apur688]

I think in the business world and cryptocurrency that's the usual thing. Rising and falling prices are a natural thing and always happen. In some time the price of altcoin falls, and in a few months the altcoin price will return to normal even rise, and so on. So all such circumstances are fine. However, you must be smart in the face of such circumstances. Usually people will panic when the price goes down, and do dump when the price goes up. So I suggest to go to channel altcoin so we know attitude and what we should do in certain circumstances. thank you

[Milansilver7]

I think bitcoin is the driving force of all Krypto currencies, although I can not give the right reasons, But I'm sure bitcoin has a big role to change the market price.