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Author Topic: Bitcoin down , then no alt coins up  (Read 331 times)
udayantha11 (OP)
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2023 would most likely be as bearish as 2022


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May 24, 2018, 06:41:03 AM
 #1

Btc still in the same place between 5000-10000$. These days again btc down. So definitly alt coins down. If btc not arise , alt coin have no future.

Last december , btc hit 20000$ over so alt coins like eth arose to 1500$ even.  Bitcoin value = alt coin values
Pareraly going on

we all need universal power and cyclist of Everything
-2023 would most likely be as bearish as 2022-
=BTC will make it, but might be a long winter=

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May 24, 2018, 06:57:53 AM
 #2

chances are that altcoin follows the movement of bitcoin and if the bitcoin down altcoin will also decrease and so what is the fate of altcoin and bitcoin, but I see yesterday the price of altcoin in the recovery period and nobody can predict the price of altcoin and bitcoin to stabilize and rise again
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May 24, 2018, 07:06:49 AM
 #3

Sometimes you could say that but sometimes you can't really assume that 100%. Some coins with the exception of USDT, are gonna be independently rise on their own if there will be cases that such tokens or coins allow direct payment for investment and some even allow credit cards, if I saw it correctly at some investment sites. Then because of that independency of the demand with Bitcoin or ETH, it rises on its own in the market without the need of going through such conversion with BTC and ETH or such any nearby coins linked with it.
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May 24, 2018, 07:37:54 AM
 #4

some expert trader says bitcoin have strong support at price 7000 $, if this support is broken than price can drop to 5000 $, whats your predict to altcoin?
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May 24, 2018, 07:38:24 AM
 #5

The effect of btc on alt coins is remarkable. Some alt coins market trends follow btc. But I disagree with you "If btc not arise, alt coin have no future". Now some alt coin comes with new technology, it's just btc first known publicly. All is not as you imagine !
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May 24, 2018, 07:39:21 AM
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Bitcoin when compared to the same date last year is still up so the current price is not really much of a problem if you zoom out the charts a little.
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May 24, 2018, 08:02:17 AM
 #7

That's right when bitcoin's price goes up, altcoins price will go up either.
whats your predict to altcoin?
Just what I've said that altcoins will go down too but do you have certain altcoin to ask?

We are still looking for that time when bitcoin reached the highest price of all time (All time high) but the question is when we'll see it again?



 

 

 

 

 

 


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May 24, 2018, 08:03:44 AM
 #8

Too many scams, people are afraid to touch anything now.
Scammers from China and Korea taking all their Bitcoin

reddit btcwriter1 - twitter kingpininvestor
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May 24, 2018, 08:05:50 AM
 #9

Btc still in the same place between 5000-10000$. These days again btc down. So definitly alt coins down. If btc not arise , alt coin have no future.

Last december , btc hit 20000$ over so alt coins like eth arose to 1500$ even.  Bitcoin value = alt coin values
Pareraly going on
I do not know why this is so. The pace of trade that I think is lethargic results in the decline of both bitcoin and altcoin prices is very uncomfortable and prices go down. No change compared to last year
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May 24, 2018, 08:14:04 AM
 #10

Btc still in the same place between 5000-10000$. These days again btc down. So definitly alt coins down. If btc not arise , alt coin have no future.

Last december , btc hit 20000$ over so alt coins like eth arose to 1500$ even.  Bitcoin value = alt coin values
Pareraly going on

just compare the btc map with the map of 2016.. alts will follow the trends too just like the last year all we need to do is the wait untill the bull run..


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May 24, 2018, 08:27:07 AM
 #11

Btc still in the same place between 5000-10000$. These days again btc down. So definitly alt coins down. If btc not arise , alt coin have no future.

Last december , btc hit 20000$ over so alt coins like eth arose to 1500$ even.  Bitcoin value = alt coin values
Pareraly going on
I know some of you guys must be very unhappy and sad because of the current market situation but trust me it isn’t something to cry for.
Stay calm Relax.
Bitcoin will eventually cross 12k within the End of JULY so is there any reason to get panic?
I don’t think so!
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May 24, 2018, 08:30:55 AM
 #12

Btc still in the same place between 5000-10000$. These days again btc down. So definitly alt coins down. If btc not arise , alt coin have no future.

Last december , btc hit 20000$ over so alt coins like eth arose to 1500$ even.  Bitcoin value = alt coin values
Pareraly going on
I doubt that if the bitcoin falls, then all the altcoins will fall behind it. Bitcoin strongly affects the market, because it has a very large capitalization. No need to worry soon the market will start to grow.

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May 24, 2018, 08:32:20 AM
 #13

Btc still in the same place between 5000-10000$. These days again btc down. So definitly alt coins down. If btc not arise , alt coin have no future.

Last december , btc hit 20000$ over so alt coins like eth arose to 1500$ even.  Bitcoin value = alt coin values
Pareraly going on

It has always been the trend when it comes to the performance of the cryptomarket. If value of bitcoin will go down so as with the other altcoins. It's like every value of an altcoin is dependent on the value of the bitcoin since bitcoin is the basis of its price and it is the king of all coins. The good thing right now is we do have Tether where in it is used as a safe haven for some investors that wants to avoid the bloodbath that's been happening in the market right now. Some investors make a stop loss using tether since its value is somewhat stable compared to other cryptocurrency.

Once again don't be afraid of this fall of values since what comes down must go up. Sooner or later the market will correct itself and we will again see the an uptrend performance. Goodluck with all of your investments and have a good one!
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May 24, 2018, 08:34:42 AM
 #14

Unfortunately everything is tied together in crypto world and bitcoin down leads alts down as well.

But, like many wrote before, main key to success is to wait and don't panic.

End of June, July will makes us happy
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May 24, 2018, 08:35:13 AM
 #15

I agree with you that it's true that such altcoin coins always follow the bitcoin trend, and we don't have to worry too much about the current market, which is the process that the amendment must go through.
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May 24, 2018, 08:37:53 AM
 #16

Terrible year so far.
Kate Beckett
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May 24, 2018, 08:44:06 AM
 #17

Btc still in the same place between 5000-10000$. These days again btc down. So definitly alt coins down. If btc not arise , alt coin have no future.

Last december , btc hit 20000$ over so alt coins like eth arose to 1500$ even.  Bitcoin value = alt coin values
Pareraly going on

I do not quite agree with that. It can not be asserted that there is a price correlation between bitcoin and all other crypto-currencies. For example, the Bitcoin-Ripple pair is inversely proportional. Bitcoin is going through hard times now, but for some other crypto-currencies it is profitable and their price grows.
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May 24, 2018, 08:45:52 AM
 #18

yes btc crypto boss , btc up all altcoin also up , btc down alt down , without btc can,t stay altcoin
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May 24, 2018, 08:48:52 AM
 #19

Just open your wallet and look at the price of coins, bitcoin goes down and all coins follow. In wallet all red.
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May 24, 2018, 08:53:25 AM
 #20

Btc still in the same place between 5000-10000$. These days again btc down. So definitly alt coins down. If btc not arise , alt coin have no future.

Last december , btc hit 20000$ over so alt coins like eth arose to 1500$ even.  Bitcoin value = alt coin values
Pareraly going on

Bitcoin is the mother of all coins, so naturally, all other coins will be affected by Bitcoin rise and fall. Except for a few coins, all the coins are under red signal now. See screenshot of Steem here https://prnt.sc/jlylbp (Green signal), See screenshot of 0x which is 7% in green https://prnt.sc/jlylvu, Bitcoin private 4% green (https://prnt.sc/jlym7s), Skycoin 41% increased (https://prnt.sc/jlymga). But these are just a pump, you shouldn't trust these irregular pumps though.
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May 24, 2018, 08:57:10 AM
 #21

Not obligatory. Not all coins are tied to bitcoin. For example, such a coin as Ethereum is not tied to it at all. The only thing bitcoin can do with its fall for her. It's to stop the growth. Ethereum have a good Foundation in contrast to all other tokens.

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May 24, 2018, 08:59:02 AM
 #22

Another market crash and we need another 2 months to recover.
Someone is slowly crashing the market and i don't know the reason. I am confused and getting nervous day by day.
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May 24, 2018, 09:02:23 AM
 #23

mostly if bitcoin down, then altcoins also down
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May 24, 2018, 09:02:33 AM
 #24

Unfortunately, there is such dependence when the Bitcoin falls, also other coins and tokens fall.
That is we observe general fall of the cryptomarket.
This interrelation, I well studied working as the trader at the Forex market.
But when the Bitcoin and top altocoins grows, to try to keep step with them also other coins.
The market is the interconnected, single organism.

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May 24, 2018, 09:06:36 AM
 #25

Yes, I think all altcoins are based on the increase of bitcoin. If bitcoin continues to fall, then all altcoins will fall.

But I'm not panicking. I hope June will come a little earlier.
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May 24, 2018, 09:06:57 AM
 #26

Unfortunately everything is tied together in crypto world and bitcoin down leads alts down as well.

But, like many wrote before, main key to success is to wait and don't panic.

End of June, July will makes us happy
yes that's exactly what we expect, the last few months the market continues to experience a downward trend and only accompanied by several bubbles that then explode. I miss the market that started up again and hopefully it will happen in the end of this year.

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May 24, 2018, 09:09:25 AM
 #27

Btc still in the same place between 5000-10000$. These days again btc down. So definitly alt coins down. If btc not arise , alt coin have no future.

Last december , btc hit 20000$ over so alt coins like eth arose to 1500$ even.  Bitcoin value = alt coin values
Pareraly going on


yes, we know that bitcoin is still binding on the market and is very influential on altcoin that has entered the market. of course this is very annoying, but I'm sure the time comes when everything will grow to grow tall and maybe in the next few decades there will be altcoin that becomes a counterweight to bitcoin.
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May 24, 2018, 09:15:04 AM
 #28

It is like if bitcoin down alt coins down and if bitcoin up alt. coins may be up, effect of btc price affects the alt coin because alt coin is supporting to btc and  is vise versa.

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May 24, 2018, 09:18:39 AM
 #29

BTC is boss, all altcoin's price vary with bitcoin price.

This is law of trading , buy at dip , buy more at more dip and sell at high.
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May 24, 2018, 09:20:02 AM
 #30

Btc still in the same place between 5000-10000$. These days again btc down. So definitly alt coins down. If btc not arise , alt coin have no future.

Last december , btc hit 20000$ over so alt coins like eth arose to 1500$ even.  Bitcoin value = alt coin values
Pareraly going on
There are some, and one of my favorites - stratis, though there are some basis for this, that is listing to BitHumb, strat always unlucky on big news as it released their smart contracts while downtrend as well as full node alpha release also in bear market, but on the other hand it is good opportunity to accumulate more cheap strat. But all eyes on BTC as always, hope we will see Bull market...this year.

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May 24, 2018, 09:22:04 AM
 #31

Sell your altcoins for BTC before it falls.
Buy altcoins with your BTC before it rises up again !

Easy to say, hard to do  Grin Grin

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May 24, 2018, 09:24:52 AM
 #32

The price market for electronic currencies depends on the value of the BTC. BTC increased prices, the Altcoin also increased and vice versa. But I think that is not worrying because the market for this code is fluctuating continuously and unexpectedly. Their value will always increase with the trend of decreasing rate always lower than the rate of increase. The value of BTC will increase over time. Next fall, their value will rise and rise higher by the end of the year.
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May 24, 2018, 10:02:53 AM
 #33

Of course, BTC directly affects altcoins prices because BTC is the main crypto benchmark and main channel of fiat/crypto exchange. The lower BTC price is the more alts prices will bleed. But I think direct price correlations btw altcoins and BTC will diminish in 1-2 years taking into consideration shrinking market share of BTC and mass emergence of workable cryptoassets.

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May 25, 2018, 07:54:03 AM
 #34

Btc still in the same place between 5000-10000$. These days again btc down. So definitly alt coins down. If btc not arise , alt coin have no future.

Last december , btc hit 20000$ over so alt coins like eth arose to 1500$ even.  Bitcoin value = alt coin values
Pareraly going on

Well that is expected since major of the altcoins gets the fund in bitcoin and ethereum  thus when bitcoin is really down so do altcoin. Where do you think the budget of major alt comes from? When they do ICO the payment they required is either at bitcoin and ethereum hence the major of their budget is bitcoin and eth. That's the reason why bitcoin = altcoin interms of price
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May 25, 2018, 08:13:51 AM
 #35

certainly, the pattern is indeed like that. all altcoin always follow what's happening in bitcoin, whether it be the increase or decrease. However specific to ethereum some time altcoin is often different from the others or did not follow the bitcoin. It is natural I think because of the ethereum is also a great altcoin and of course have the opportunity and the potential also to be able to stand on its own.
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May 25, 2018, 08:22:13 AM
 #36

Btc still in the same place between 5000-10000$. These days again btc down. So definitly alt coins down. If btc not arise , alt coin have no future.

Last december , btc hit 20000$ over so alt coins like eth arose to 1500$ even.  Bitcoin value = alt coin values
Pareraly going on
If you are not a stress-resistant person and the fall of the market or its stagnation causes you panic or a bad mood, then you should not get involved with cryptocurrency or investing in anything. The investor must have strategy and strong nerves and in case of a failed plan A, he always has a plan B or C.

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May 25, 2018, 08:26:14 AM
 #37

You can also say 'Ethereum down, then no alt coins up'.
All the cryptocurrencies are affected by the same factors.
Bitcoin is not that special.
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May 25, 2018, 08:28:09 AM
 #38

Right you are.  Maximum altcoins depend on bitcoin prices, when Bitcoin price decreasing then altcoins prices also decreasing and same when price is increasing.
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May 25, 2018, 08:29:08 AM
 #39

yes every price movement is definitely there up and down. maybe it's time for the price to go down. see several months this bitcoin rises slowly, and one by one altcoin also go up, and now we see the price back down. maybe by the end of this year there will be more surprises from bitcoin and altcoin.
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May 25, 2018, 08:31:21 AM
 #40

The Altcoin market is always dependent on the Bitcoin market. When Bitcoin drops, the other electronic money markets will immediately drop. If there is a fair amount of money in the future and not affected by the Bitcoin market, it is ETH. ETH itself must continue to develop and improve so much to be able to stand alone. Will this happen in the future?
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May 25, 2018, 08:32:21 AM
 #41

When bitcoin on low price will be impossible to see altcoin on high price, always it the same thing happen when bitcoin on lower price will be follow by altcoin on lower price. But when bitcoin on highest price will be the same on altcoin will have highest price too. I don’t know why is always happen the same thing with bitcoin or altcoin, just related thing always happen on bitcoin or altcoin price on market.
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May 25, 2018, 08:33:53 AM
 #42

It has been its trend ever since. It is the main source of value so when its down everything follows.
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May 25, 2018, 08:35:43 AM
 #43

Btc still in the same place between 5000-10000$. These days again btc down. So definitly alt coins down. If btc not arise , alt coin have no future.

Last december , btc hit 20000$ over so alt coins like eth arose to 1500$ even.  Bitcoin value = alt coin values
Pareraly going on

according to what I see, altcoins prices follow bitcoin prices, if bitcoin prices rise, altcoin prices go up, we need not worry, soon bitcoin and altcoin prices will also rise

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May 25, 2018, 08:37:36 AM
 #44

Btc still in the same place between 5000-10000$. These days again btc down. So definitly alt coins down. If btc not arise , alt coin have no future.

Last december , btc hit 20000$ over so alt coins like eth arose to 1500$ even.  Bitcoin value = alt coin values
Pareraly going on
Well, the only time altcoins will ever have a say in the market is when bitcoin is consolidating, so, it is just better to get used to that. Most times, and in fact at all times, bitcoin dictates what happens to the market one way or the other, and that makes me believe that most traders are actually using altcoins to increase their position in bitcoin and there is just no altcoin that can easily stand on its own. However, those who know how to play their card well will always know how to trade the market to their advantage.

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Augustyusuf
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May 25, 2018, 08:39:49 AM
 #45

lets see and give market a little more time to recover, believe the bitcoin can come back again like last year on 20.0004 and altcoin will come up too.

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May 25, 2018, 08:44:46 AM
 #46

certainly, the pattern is indeed like that. all altcoin always follow what's happening in bitcoin, whether it be the increase or decrease. However specific to ethereum some time altcoin is often different from the others or did not follow the bitcoin. It is natural I think because of the ethereum is also a great altcoin and of course have the opportunity and the potential also to be able to stand on its own.

most of the impact is so, when bitcoin price down is usually followed by other altcoin also follow-down, but if Ethereum sometimes occasionally do not follow the price of bitcoin, and although the price of bitcoin again down, it Ethereum sometimes more stabilize the price, it is Ethereum is one altcoin that can stand alone.

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May 25, 2018, 09:28:49 AM
 #47

When bitcoin on low price will be impossible to see altcoin on high price, always it the same thing happen when bitcoin on lower price will be follow by altcoin on lower price. But when bitcoin on highest price will be the same on altcoin will have highest price too. I don’t know why is always happen the same thing with bitcoin or altcoin, just related thing always happen on bitcoin or altcoin price on market.
indeed both are highly related and maybe both users are the same person when for example seoerang large investments trying to invest in both and affect the price of both it could happen.
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May 25, 2018, 09:44:48 AM
 #48

Although bitcoin decreases, but somewhere there are still some altcoin that show its value is not affected by bitcoin or eth.

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May 30, 2018, 07:29:53 PM
 #49

Sometimes you could say that but sometimes you can't really assume that 100%. Some coins with the exception of USDT, are gonna be independently rise on their own if there will be cases that such tokens or coins allow direct payment for investment and some even allow credit cards, if I saw it correctly at some investment sites. Then because of that independency of the demand with Bitcoin or ETH, it rises on its own in the market without the need of going through such conversion with BTC and ETH or such any nearby coins linked with it.
Yes, it cannot be 100% as there would still be some altcoins that will want to make some movement even when all the flows are not right, but you really would want to be careful in such markets since it might just be a pump and dump market.

In a larger percentage of it, anytime bitcoin is coming down, alts are coming down as well and the same thing happens even when bitcoin is in a bull rally as traders sump alts to take advantage of bitcoin movement, consolidation period of bitcoin is the only period altcoins shine and it really should not be, but it is the way things are.
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May 30, 2018, 08:08:50 PM
 #50

The price of all of the altcoins are dependent on the price of bitcoin. When the price of bitcoin starts going down then the price of the altcoins will automatically follow suit. The only way for the price of the altcoins to start going up is for people to start buying into bitcoin so that the price of bitcoin increase. That is the only way that the price of the altcoins will recover.

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May 30, 2018, 08:24:34 PM
 #51

Beware of the market today because of the circumstances are uncertain. Indeed such was the movement of altcoin that is always based on what is seen in the bitcoin. This will indeed be predictable but will be bad for altcoin because it would have blocked roads especially to the problem of rising because there's always a hitch of bitcoin.

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June 02, 2018, 09:34:10 AM
 #52

chances are that altcoin follows the movement of bitcoin and if the bitcoin down altcoin will also decrease and so what is the fate of altcoin and bitcoin, but I see yesterday the price of altcoin in the recovery period and nobody can predict the price of altcoin and bitcoin to stabilize and rise again
I would not actually say they follow the movement of bitcoin in a way because they only get time to move when bitcoin is actually in a consolidated mode most especially in an uptrend. With that we can get to see the market of altcoins soaring pretty fast like it is the only option they have in that short amount of time to do something pretty great with their value. I still cannot wait though to see when altcoins will be able to have a stand on their own without being tagged along with btc.
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June 06, 2018, 04:37:17 AM
 #53

some expert trader says bitcoin have strong support at price 7000 $, if this support is broken than price can drop to 5000 $, whats your predict to altcoin?
Yeah, there is a support within the range of $7200 - $6900. However, if we drop way lower than that, the altcoins are really going to be hitting their bottom right away when that time comes, which is why when the market is normally like this, it is always necessary to be careful when getting into altcoins as anything can happen at any time and if one is not careful, with a huge crash downward, some alts may not even be able to breather again.
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June 06, 2018, 04:39:39 AM
 #54

Btc still in the same place between 5000-10000$. These days again btc down. So definitly alt coins down. If btc not arise , alt coin have no future.

Last december , btc hit 20000$ over so alt coins like eth arose to 1500$ even.  Bitcoin value = alt coin values
Pareraly going on
Um... you realize you are quoting a range with $5,000 of value between them right? As if it isn't anything. Yes, just like the stock market, cryptocurrency is only one sector, so the market as a whole moves on the speculation of Bitcoin's worth, which is essentially the major player in the whole space. Altcoins can gain more value compared to Bitcoin and maybe one day an altcoin will be more used than Bitcoin.
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June 06, 2018, 04:57:25 AM
 #55

it is not possible because altcoin follow the movement of bitcoin and if bitcoin down altcoin also will decrease then from that altcoin altcoin many say mutual need and with that for now that i see bitcoin and altcoin price still decreasing but i am sure at the end of year 2018 all will back to stable
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