Is it bad for altcoin that BTC is dropping

[Barinerro]

Of course the price is very much affected , I think it almost depends on bitcoin , and if it falls and the rate of altcoins , too, but the technology is developing serovno !

[gundala]

the decline in BTC prices will be very dangerous at the altcoin price, because it often has an impact on the decline in prices of altcoins, but when BTC increases in price, only a few altcoins can return to price increases like BTC, so that's a terrible thing for me for altcoin

You are right. As a pioneer, Bitcoin is very influential on changes in altcoin prices. Throughout this year bitcoin has tended to decline, although there has been an increase but not too significant. Some altcoin have similar patterns, some fall deeper. Issues and speculations are very influential, hopefully, there is another miracle so that prices can improve and the market returns cheerfully.

[Pumuckel21]

Yeah it is actually pretty bad, so if you want to get in the crypto market as a newbie most of the time you have to buy bitcoin and then trade it for altcoins

[MAXE]

Certainly. Look how everything fell because of some confusion around Bitcoin. Everyone was hurt because of it. I hope the heads of other projects will try to do something about it.

[CryptoCoinArbitrage]

Yes, it is bad for other alts if BTC is crashing as the whole market highly correlates to BTC price movements.
BTC is the first coin, the most secure and trusted one and the rest of the market is following it`s leader.

[Ronaldcoin2017]

I believe that altcoin is really affected on the dropping of the bitcoin price. Because the trust and the people's faith is in the bitcoin. That is why if bitcoin is dropping it can really cause a big effect on the price of the altcoin and not only altcoins also with the token and some ICO project.

[gorodi]

It is bad for altcoins surely. Btc is the biggest coin in crypto space with his biggest marketcap so btc determines the general market conditions. If btc start to move bullish it means alts will be bullish or already start doing some x. If btc will start to be bearish that means all altcoins will in very bad situation.

This year Bitcoin has disappointed many investors with its decline. Of course the situation has a negative effect on altcoins. We can see a lot of coins that cost almost nothing but this is a great opportunity to invest in the future.

[Gab20]

Bitcoin price is constantly dropping for the last several days. What effects are putting it on Altcoins ? Is it bad or good ?

If you check so many exchange, you would discover that so many coins are being paired with btc. Which means that is btc should dump in dollar value, then the altcoins will definitely dump, except for an altcoin that us pumping at that moment, because there are rare cases. Cases where even if the market is red and bitcoin dumps, they will be pumping. So it is not a constant factor.

[itsik78]

Bitcoin price is constantly dropping for the last several days. What effects are putting it on Altcoins ? Is it bad or good ?

Yes this is bad . Bitcoin is the main favorite of the crypto market, its trend is largely repeated by the rest of the coins.

[Maknae09]

Bitcoin price is constantly dropping for the last several days. What effects are putting it on Altcoins ? Is it bad or good ?

Mode of payments for many of the altcoins in the beginning of their ICO is through bitcoin. Bitcoin is almost the primary money they use to spent inorder to buy an altcoin. All altcoin is anchored to the bitcoin meaning to say that, bitcoin affects others as well.

[iqlimasyadiqa]

Bitcoin price is constantly dropping for the last several days. What effects are putting it on Altcoins ? Is it bad or good ?

If you check so many exchange, you would discover that so many coins are being paired with btc. Which means that is btc should dump in dollar value, then the altcoins will definitely dump, except for an altcoin that us pumping at that moment, because there are rare cases. Cases where even if the market is red and bitcoin dumps, they will be pumping. So it is not a constant factor.

When a thing happens to Bitcoin then it will directly affect Altcoin. This situation will always occur because Bitcoin is a benchmark for all existing digital currencies. When the price of Bitcoin decreases, the price of Altcoin will also decrease and when the price of Bitcoin rises, the price of an Altcoin will increase. This means that bitcoin is in the top position and when we want to develop digital currencies we must specifically prioritize Bitcoin as a major digital currency.

[choychoy]

Bitcoin price is constantly dropping for the last several days. What effects are putting it on Altcoins ? Is it bad or good ?

Every drop of bitcoin price is a danger on all altcoins as this will pull down their prices due to trading pairing of bitcoin. Also bitcoin is the barometer of the cryptocurrency as the ups and downs of bitcoin will dictate the whole market.

[Turkish88]

Yes its bad because this makes panic on the market.
But if look better altcoins dont lose big in price if we compare to bitcoin.
for example eth drop from 0.031 to 0.029

[suryapro]

of course this is very bad for altcoins because the price of altcoin is to see the price of bitcoin if the price of bitcoin continues to fall then chances are the altcoin price will also go down, but if the price of bitcoin rises then the altcoin price will also rise

[baronandr]

Bitcoin price is constantly dropping for the last several days. What effects are putting it on Altcoins ? Is it bad or good ?

I don't think that's bad. Now I think that the various UPS and downs in the market is absolutely normal and even fluctuations in the value of bitcoin and altcoin can be on the hand of investors

[TamaraKul]

Bitcoin price is constantly dropping for the last several days. What effects are putting it on Altcoins ? Is it bad or good ?

The relationship between altcoin and bitcoin is definitely there. But I do not think that it is necessary to consider it only in a negative way. Now I believe that it is thanks to this dependence that we earn

[gamer4156]

Bitcoin price is constantly dropping for the last several days. What effects are putting it on Altcoins ? Is it bad or good ?

From may to till Today, BTC has dropped everyday and still dropping rapidly. I am constantly monitoring market on daily basis. Decline is BTC contributing towards the decline of altcoins. Expect few tokens, that are less affected by drop in BTC. In my opinion link to BTC is very strong with every other crypto currency. Ultimately every crypto currency is converted to BTC in one way or other. 

[Rudi Setya]

Bitcoin price is constantly dropping for the last several days. What effects are putting it on Altcoins ? Is it bad or good ?

If you check so many exchange, you would discover that so many coins are being paired with btc. Which means that is btc should dump in dollar value, then the altcoins will definitely dump, except for an altcoin that us pumping at that moment, because there are rare cases. Cases where even if the market is red and bitcoin dumps, they will be pumping. So it is not a constant factor.

When a thing happens to Bitcoin then it will directly affect Altcoin. This situation will always occur because Bitcoin is a benchmark for all existing digital currencies. When the price of Bitcoin decreases, the price of Altcoin will also decrease and when the price of Bitcoin rises, the price of an Altcoin will increase. This means that bitcoin is in the top position and when we want to develop digital currencies we must specifically prioritize Bitcoin as a major digital currency.

the possibility of experiencing the fall of Bitcoin when Altcoin will increase efforts to improve its development and take this opportunity to bring progress to the coins. Altcoin will be affected by the fall of the Bitcoin and resulted in its development.

[vanya.pronin.1983]

Right now it is bad, because altcoins depend on the Bitcoins price. When we will see the green market, the dominance of Bitcoin will go down and altcoins will pump hard, because they are constantly developing and are ready to moon.

[pitedsarat]

Guys, advise good ICO's