What is the relationship between Altcoins and bitcoin ?

[bastian466]

I see all goes on the same path between bitcoin and atlcoin when bitcoin rises eating altcoin also rises but bitcoin is different in last year's increase in atlcoin triggered by decreased bitcoin

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[$Darkloard$]

And then - crypto. If we talk about any specific crypto-currencies, the difference, of course, will be. First of all, this is an algorithm on which the crypto-currency lock and the type of encryption used in the block room work.

[abitgelluh]

both are closely related and always go one way, when bitcoin prices rise then altcoin will also rise in price and vice versa, altcoin looked at bitcoin because bitcoin is king and this will continue forever

[rhana_]

actually, between bitcoin and altcoin in the same sense only, there is no difference that is as digital currency (digital currency). which should be noted here is the currency, so as a bitcoin digital currency has a certain value that makes it possible to serve as a means of payment (but legitimate is not yet many countries recognize because of decentralized system and blockchain technology.different if the bitcoin is the first digital currency and altcoin was used as an alternative coin than bitcoin as digital currency (digital currency).

[moeth]

Most of the cryptocurrency prices in the market will follow Bitcoin walking. Only a few tokens may have independent quotation at the time of issue. Otherwise, there is no difference!

[bright07]

Both of them have the strong relationship. As all brothers run behind elder brother. Similarly bitcoin is first and all altcoins are behind it. When bitcoin changes then altcoins also change. All these are related with block chain technology and they are listed on different exchange.

[BettingTips]

The only link between Bitcoin and altcoins is to share the same blockchain technology. So the exchange rates of BTC and altcoins are related and affect each other if the market is experiencing fluctuations in exchange rates. Usually, when the exchange rate increases, altcoins increase as the demand for investment increases and the exchange rate increases.

[s31joemhar]

Actually the relationship of the alterntivecoins and bitcoin to each other is they are competitors in this business although they are not totally same because the bitcoin is much better to use in this industry.

[karthcrypt]

The most glaring relationship between Bitcoin and Altcoin is the price behaviour.  If Bitcoin is rising in price,  the value or such rise is going to affect Altcoin positively. In a situation where people are dumping Altcoin to buy more Bitcoin,  the value of Altcoin remain stable and some times increase!

[Renu kapoor]

Relation between altcoin and bitcoin is this that both are in the market for each other and if bitcoin raise altcoin automatically raise and vise-versa, actually it affect due to the exchange rate and number of transactions more the transaction more the increase and more the raise in altcoin price this is the relation.

[efeyigit399]

BitCoin is the largest volume and most valuable coin on the currency market. bitcoin forms the basis of other coins and directly affects them.

[Proton2233]

Relation between altcoin and bitcoin is this that both are in the market for each other and if bitcoin raise altcoin automatically raise and vise-versa, actually it affect due to the exchange rate and number of transactions more the transaction more the increase and more the raise in altcoin price this is the relation.

I don't agree with you. This is the situation now but in the past the situation was quite different. At the time when the price of bitcoin decreased capital passed into altcoins and for this reason their price grew. Now the demand for cryptocurrencies has decreased and for this reason prices are falling on all cryptocurrencies. The dollar is leaving the cryptocurrency market.

[sonphamuser]

I thouhgt bitcoin is the strongest currency, and everyone is more confident in bitcoin than other currencies, it's similar to the current exchange rates like JPY / USD, EUR / USD, ....

[bungutko]

As per observation, bitcoin and altcoins are correlated with each other and for every price movement whether it is up trend or down trend, it seems that it is directly proportional with the other. Once bitcoin drops, altcoins also follow the dip and vice versa. I had notice and observed this kind of trending with respect to the price movement for almost 5 months in being here with the community forum.

[mazdafunsun]

The main currency in cryptocurrency markets is Bitcoin. Alts tend to fund Bitcoin runs and Bitcoin tends to fund alt runs. Given this relationship, Bitcoin price movements effect altcoin prices. But the result is unpredictable. Certainly there are some common relations between them. So what are the common trends that occur to altcoins when bitcoin price changes ?

They have a bad realtionsship.

Altcoins are overlyattached to BTC . When Btc changes by 5% altcoins tend to overreact an go crazy and chnage 10-20%. There are some instances when altcoins feel safe after BTC have been stable for some time and then they start to flourish until btc moves again.

[Afobaje48]

When Bitcoin goes up quickly, it will likely suppress or depress altcoins as money flows into Bitcoin, When Bitcoin goes down quickly (for example after a highly anticipated fork), it will likely depress altcoins as money flows into fiat

[Afobaje38]

When Bitcoin stagnates, it will likely cause altcoin to stagnate along with it as people wait for a clear sign on the direction of the market or, cause altcoin to boom as people look for returns in altcoins and try to get favorable trades in terms of BTC pairs

[matanglawin]

The main currency in cryptocurrency markets is Bitcoin. Alts tend to fund Bitcoin runs and Bitcoin tends to fund alt runs. Given this relationship, Bitcoin price movements effect altcoin prices. But the result is unpredictable. Certainly there are some common relations between them. So what are the common trends that occur to altcoins when bitcoin price changes ?

the only relation I think has something to do with the market value of Bitcoin and most of the altcoins. As what we are witnessing at this moment, whatever happens with the market price of Bitcoin, reflects to the market value of many altcoins, proportionally. This is the only thing i know which  relates Bitcoin and most altcoins.

[playboy654]

All are crypto currencies and their prices were depends on its own supply and demand of the market so there no direct relation between my coins.But most of the crypto currency prices moving according with the bitcoin price.

[milah_ah]

I understand this: the price of altcoins depends on the price of bitcoin. It's always. This became the rule in the crypto world.