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elzjmirra
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December 30, 2018, 11:27:14 PM |
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The influence of Bitcoin for all Altcoin is very large and I think all Altcoin are always based on Bitcoin. Bitcoin is the first coin and since I first entered the market, all of these coins always follow the growth of Bitcoin. So if Bitcoin will soar of course it will have a positive impact on all Altcoin.
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asbak66
Copper Member
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Activity: 560
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December 30, 2018, 11:27:51 PM |
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When btc price is drop, it always affect to all altcoin. Usually altcoin gonna drop too depends on bitcoin when bitcoin price is dump, altcoin dump. When bitcoin moon usually altcoin price gonna moon too.
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drrekkty
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December 30, 2018, 11:42:04 PM |
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Yes, it is bad, because altcoins are dropping as well after BTC failure! You should watch connection between these coins! It is something that is really connected!
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youdacapt
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December 31, 2018, 06:25:08 AM |
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if a stable coin starts to change the main purpose of currency conversion in the market with all its support, altcoin will not always follow the price movements of bitcoin. But this has an impact on market capitalization that changes the pattern of decentralization, but at least it can make the market move, because if bitcoin continues to fall then all economic circles will also experience bankruptcy.
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mukabokep
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January 02, 2019, 09:07:38 PM |
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Not. For those of us who are unfamiliar with cryptocurrency, this is a problem when crypto prices fall. But for those who have experience in crypto they will be happy, because they can invest as much as possible.
You are just running around the subject matter as your point is not clear as to the question asked here. Well, I can say that those who have experienced the rise and fall of cryptocurrency will know better how to buy and sell it. And this has nothing to do with whether altcoins are falling or not. i'm sorry, the question is what is the effect of putting it on Altcoins? Of course this is related to the condition of the altcoin at the moment the price has dropped. So for me there is no problem when putting in an altcoin or investing in an altcoin. Because altcoin also has a good chance, we must choose the right altcoin before investing. |
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matricaria
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Activity: 406
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January 02, 2019, 09:20:08 PM |
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The cryptocurrency market is very unpredictable. That is why investors are afraid to invest in obscure coins. And while Bitcoin goes down, they sell all their alternative coins. This leads to a general decline in the market.
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vinbentrob
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“Tackling Climate Change Using Blockchain”
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January 02, 2019, 09:56:19 PM |
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Bitcoin constantly dropping is a bad news for altcoin because Altcoin get to be affected. Not only is altcoin is affected, it also dicipate the market value of bitcoin in short term to medium term basis!
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clavirda
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January 06, 2019, 08:17:01 AM |
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This situation has been repeatedly confirmed. At a time when the price of BTC begins to decline, a general decline in the crypto market occurs, and the situation is gradually deteriorating. As a result, there is a rapid decline in prices for most altcoins.
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jebul2
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January 06, 2019, 08:33:48 AM |
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if in my opinion the altcoin price depends on the price of bitcoin, if btc goes down all alt will go down too because bitcoin is the first coin and has a very big impact,
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Johnzky
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January 06, 2019, 09:29:07 AM |
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Bitcoin price is constantly dropping for the last several days. What effects are putting it on Altcoins ? Is it bad or good ?
This brings good for altcoin in my pointof view,because this gives me the opportunity of buying the coins what I believe to grow in the future,some of the coins I bought in this dip are those affected by the bitcoin price dropping |
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dreico
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January 06, 2019, 10:13:40 AM |
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I think that this is bad because if it falls, the altcoins fall accordingly, so it is very good when it grows up and pulls the rest  |
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Clearstream
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January 06, 2019, 11:52:08 AM |
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Bitcoin really dominates the encryption market. If Bitcoin falls more than one to two weeks, most altcoins will start to fall. Only bitcoin is in a stable or rising state. altcoins will really rise.
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Pontorez
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January 23, 2019, 03:46:19 AM |
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Bitcoin price is constantly dropping for the last several days. What effects are putting it on Altcoins ? Is it bad or good ?
I also noticed several times - during the period of BTC price reduction, the entire crypto market is falling. And then hard times come for all altcoins. I believe that this market situation can be easily explained. After all, today BTC remains the main coin, it really has a huge impact on the entire market. |
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onetwostep
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January 23, 2019, 09:25:22 AM |
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When we think about a year ago, we saw that the price of bitcoin decreased while the prices of the altcoin were rising. But now it's not like before, we see that when the bitcoin falls, the price of other altcoins is also falling. So the rise of bitcoin price is a good thing  |
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luongdk
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January 23, 2019, 09:58:31 AM |
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It is definitely bad. From my point of view there is a correlation in altcoins decrease and btc decrease. I also seen a website related correlations, so form what I know there is a strong dependance between alts and bitcoin. Each beginner should be aware of it! I believe there is something you can't definitely claim, but this is obvious!
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thaliaand
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January 23, 2019, 11:37:38 AM |
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Good or bad for the altcoin if the BTC goes down depending on the perspective of each person. For some traders, moments like this will be an opportunity to buy.
In general, the main currency on the crypto market is Bitcoin besides ethereum and several others. However, Bitcoin is the central economy of all crypto currency markets. And because of the BTC trading pair in each exchange, and in addition, it tends to fund the altcoin's operation, so that Bitcoin will always influence the Altcoins.
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East2011
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January 23, 2019, 01:14:51 PM |
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It is very bad. Especially for those people who buy their altcoins at higher price and hold it. Everytime bitcoin drop all altcoins follows. And until now they have a hard time to recover.
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Niam_bakri
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January 23, 2019, 01:51:04 PM |
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It is very bad. Especially for those people who buy their altcoins at higher price and hold it. Everytime bitcoin drop all altcoins follows. And until now they have a hard time to recover.
we only need to believe in bitcoin and the crypto market. maybe now the falling bitcoin price has made all of the altcoin prices follow it to fall. but if we don't want to lose our money, we can only wait for bitcoin to grow again and make the market crowded. |
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Esterklu
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January 23, 2019, 06:23:50 PM |
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Of course, it is bad when BTC is dropping, some altcoins testing new lows as quickly as they tested ATHs when BTC was high. A lot of money were lost.
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doycku
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January 23, 2019, 06:30:40 PM |
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Of course, it is bad when BTC is dropping, some altcoins testing new lows as quickly as they tested ATHs when BTC was high. A lot of money were lost.
I completely agree with your opinion, since if we take into account the fact that many new users of cryptocurrency invested a lot of money in Bitcoin at the end of 2017, then for them the funds are almost completely lost. Many of them will not wait for the restoration of prices. |
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