Alt coin are waiting for movement of Bitcoin.

[The Cryptovator]

On current market situation we can see that btc on down trend. But if you compare other alt coin with Bitcoin, then you can see that alt coin are not much down trend. I think alt coin are waiting for Bitcoin movement. If Bitcoin not recover within next week, then alt coin will start follow Bitcoin. In my opinion if Bitcoin become below 7K then alt coin will follow Bitcoin on down trends. I think Bitcoin will not become less then 7K in this bearish trends. What you think ?

[olubams]

On current market situation we can see that btc on down trend. But if you compare other alt coin with Bitcoin, then you can see that alt coin are not much down trend. I think alt coin are waiting for Bitcoin movement. If Bitcoin not recover within next week, then alt coin will start follow Bitcoin. In my opinion if Bitcoin become below 7K then alt coin will follow Bitcoin on down trends. I think Bitcoin will not become less then 7K in this bearish trends. What you think ?

We can also conclude that bitcoin price is waiting for alt coins to recover. Whether one is very popular than the other, they are all intercomned as there is no abosukte way to separate them. If any news is happening to ban coins, its not limited to a particular coin but rather the whole crypto currency market and the same thing goes during the time of bull run, every coins just receive the boost ( at least for the coins that have some sizeable share of the market). Its not time to take sides in my option but combine effort to make us see some recovery.

[Just John]

It is true because the prices of the altcoins follow the price of bitcoin so if bitcoin moves, whether up or down, they will all move too and follow the direction which the price of bitcoin is taking. i think this is because all coins have trading pairs in bitcoin so if anything happens to the price of bitcoin, it happens to the prices of all of them

[Mr. Art]

the price of altcoins is depends on the price of bitcoin in US dollar terms
and i think not all alt, because when we see in this link https://coinmarketcap.com/gainers-losers
there is a lot of altcoin rising when bitcoin down

[AirFlame]

Not only because they have pairs with bitcoin. The fact that bitcoin is the genesis for blockchain effects the whole market. Let me try to visualize... bitcoin is gold of internet, right? Since it is a material, a golden crown would fluctuate in value when gold does. I don't know the name of this effect but I'm almost sure there is a name for that. Any economy students or experts that might give it a name?

[LtMotioN]

Altcoins have already lost a ton of BTC value, most of them have dropped around 25% against btc the last few days. The reason for this I think is that people look at things in dollar and start selling when they lose their precious fiat value.

There is no reason I can see for an altcoin to lose BTC value if BTC is losing USD value apart from people selling when they lose USD.
In a bear market the best thing to hold is BTC, it always goes down the least.

[berrygood]

On current market situation we can see that btc on down trend. But if you compare other alt coin with Bitcoin, then you can see that alt coin are not much down trend. I think alt coin are waiting for Bitcoin movement. If Bitcoin not recover within next week, then alt coin will start follow Bitcoin. In my opinion if Bitcoin become below 7K then alt coin will follow Bitcoin on down trends. I think Bitcoin will not become less then 7K in this bearish trends. What you think ?

Altcoins exactly are waiting for bitcoin but if you analyze the market, you can see some coins increasing despite bitcoin like 0x, I don't talk about trash coins with little market cap, 0x is very big coin and rising.

[Bardman]

the price of altcoins is depends on the price of bitcoin in US dollar terms
and i think not all alt, because when we see in this link https://coinmarketcap.com/gainers-losers
there is a lot of altcoin rising when bitcoin down

Random or really good news, most of those are extremely low volume coins anyways. As long as bitcoin has the most pairs, bitcoin will determine the price of other currencies, we have to start seeing exchanges accepting fiat for alt coins.

[Neymar10]

On current market situation we can see that btc on down trend. But if you compare other alt coin with Bitcoin, then you can see that alt coin are not much down trend. I think alt coin are waiting for Bitcoin movement. If Bitcoin not recover within next week, then alt coin will start follow Bitcoin. In my opinion if Bitcoin become below 7K then alt coin will follow Bitcoin on down trends. I think Bitcoin will not become less then 7K in this bearish trends. What you think ?

I think that a possible variant of the bitcoin is very sharply lowered to 6 and then very sharply raised back to 7. Alts from this can very much fall. So I would not buy anything now

[Magneto151]

the price of altcoins is depends on the price of bitcoin in US dollar terms
and i think not all alt, because when we see in this link https://coinmarketcap.com/gainers-losers
there is a lot of altcoin rising when bitcoin down

Random or really good news, most of those are extremely low volume coins anyways. As long as bitcoin has the most pairs, bitcoin will determine the price of other currencies, we have to start seeing exchanges accepting fiat for alt coins.

It's as simple as this. If you want to kill a thing, then you should stop feeding it. Most alts have BTC trade pair, except for few yet to list on popular exchanges presently listed on DEX. The moment they get the opportunity of listing on any other exchange aside some few DEXs the first trade pair would always be AltX/BTC.  So long as this continues to happen, the price of other alts will in a very  strong way be connected to how the BTC market fairs. Only in few occasions will this view of mine be contrary.

[Bardman]

the price of altcoins is depends on the price of bitcoin in US dollar terms
and i think not all alt, because when we see in this link https://coinmarketcap.com/gainers-losers
there is a lot of altcoin rising when bitcoin down

Random or really good news, most of those are extremely low volume coins anyways. As long as bitcoin has the most pairs, bitcoin will determine the price of other currencies, we have to start seeing exchanges accepting fiat for alt coins.

It's as simple as this. If you want to kill a thing, then you should stop feeding it. Most alts have BTC trade pair, except for few yet to list on popular exchanges presently listed on DEX. The moment they get the opportunity of listing on any other exchange aside some few DEXs the first trade pair would always be AltX/BTC.  So long as this continues to happen, the price of other alts will in a very  strong way be connected to how the BTC market fairs. Only in few occasions will this view of mine be contrary.

I think when regulations come in, a lot of exchanges will have usd pairs with anything. Ethereum has a lot of pairs too but I don't want ethereum to just take bitcoin's place and be the one influencing the whole market, I want a market where each coin grows or dies on it's own.

[Jay Jay crypto]

Since bitcoin’s significant price rise, altcoins have been brushed off to the side as bitcoin’s dominance climbed to 87.4 percent. Altcoin interest has waned as each alternative digital asset has lost market capitalization over the past two months

[temilade200]

What affects altcoins most is the dollar price and not the coin price. So, if the dolllar price of a coin falls, definitely, altcoins will fall in price and vice versa. Although, this is not applicable to all altcoins.

[Noobaru]

Yes, it's interesting how almost all altcoins have to do with bitcoin's price moving up and down. They are almost always moving along. So if you can predict what bitcoin price is going to be in a few days, you can very well invest in some altcoins and make a profit alongside bitcoin, because they will most certainly move according to bitcoin.

[xali]

Bullshit, almost all the prices are incredibly down because of bitcoin, they are not waiting for it, they are just trying to go up but with the actual market conditions, it seems to be something almost impossible to do.

[Victorycoin]

On current market situation we can see that btc on down trend. But if you compare other alt coin with Bitcoin, then you can see that alt coin are not much down trend. I think alt coin are waiting for Bitcoin movement. If Bitcoin not recover within next week, then alt coin will start follow Bitcoin. In my opinion if Bitcoin become below 7K then alt coin will follow Bitcoin on down trends. I think Bitcoin will not become less then 7K in this bearish trends. What you think ?

We can also conclude that bitcoin price is waiting for alt coins to recover. Whether one is very popular than the other, they are all intercomned as there is no abosukte way to separate them. If any news is happening to ban coins, its not limited to a particular coin but rather the whole crypto currency market and the same thing goes during the time of bull run, every coins just receive the boost ( at least for the coins that have some sizeable share of the market). Its not time to take sides in my option but combine effort to make us see some recovery.

Aint you getting it all mixed up? First the was Bitcoin and every altcoin we have today took its cue directly or indirectly from Bitcoin and it is evidently so in the sense that they never make any significant move, up or down until Bitcoin leads the way.That aside, Bitcoin have got enviable and vast community and that's usually a huge voice and support for Bitcoin.

[Elderman87]

That is an impressive analysis. However I don't think bitcoin is responsible for the current steady movement of altcoins. I believe people have just learnt to hold their coins rather than sell off at the sniff of a downtrend.

[TwisterPipister]

On current market situation we can see that btc on down trend. But if you compare other alt coin with Bitcoin, then you can see that alt coin are not much down trend. I think alt coin are waiting for Bitcoin movement. If Bitcoin not recover within next week, then alt coin will start follow Bitcoin. In my opinion if Bitcoin become below 7K then alt coin will follow Bitcoin on down trends. I think Bitcoin will not become less then 7K in this bearish trends. What you think ?

Usually in the summer there is always a market decline, MT Gox has a whole bunch of Bitcoins for sale, I want bitcoin to grow, but it seems to me that we will see growth only next year or at the end of this year, before the grow we first have to experience fall in price, but for now the price is high, and I think bitcoin can fall below 7k.

[fiorilia]

I think the decline is bitcoin will still be continued. so of course altcoin must first be patient to be able to ride. Although his descent is not great but it certainly makes the market seems not to have increased at all than ever before and will be a lot of speculation is not good especially for beginners. but we just wait bitcoin will rise again but somehow started when.

[WalkerIVIV]

On current market situation we can see that btc on down trend. But if you compare other alt coin with Bitcoin, then you can see that alt coin are not much down trend. I think alt coin are waiting for Bitcoin movement. If Bitcoin not recover within next week, then alt coin will start follow Bitcoin. In my opinion if Bitcoin become below 7K then alt coin will follow Bitcoin on down trends. I think Bitcoin will not become less then 7K in this bearish trends. What you think ?

The majority of them are following bitcoin right now but it looks like there are some against the bitcoin movement. This time a little jump has already happened and you can see that how the market has been giving a little reaction about that. There some are getting good recovery. at the bearish trend they are all will be following bitcoin again.