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Author Topic: Does Altcoin price depend on BTC or ETH??  (Read 139643 times)
tensports
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September 02, 2018, 07:59:21 AM
 #501

Altcoin price depend on bitcoin price, if the price of bitcoin increases it will make the whole market become green and if  bitcoin down most of the altcoins will be also down
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ljp7839008
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September 02, 2018, 08:12:39 AM
 #502

Of course! My portfolio with altcoins increases immediately with the rise in price of BTC. I noticed that as soon as the bitcoin rate grows, my portfolio grows before my eyes. Respectively, and Vice versa. Therefore, a direct correlation between bitcoin and altcons!
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September 02, 2018, 08:35:30 AM
 #503

All altcoins both ethereum all depends on bitcoin movement. Those that are slightly affected by the ethereum price are those token that are build on ethereum network.
Zheko87
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September 02, 2018, 09:10:03 AM
 #504

All coins price depends from btc
.
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September 02, 2018, 09:28:30 AM
 #505

I do not observe this now. We see how many miners began to look for alternative types of crypto-currencies that could compete with bitcoins and generate revenue. And it works.
LASSSKAR!1!1!
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September 02, 2018, 03:52:25 PM
 #506

Altcoin prices are largely dependent on bitcoin. All altcoins depend on bitcoin and that is why when bitcoin pumps most of them will pump and when it falls the altcoin will also fall.
euggio
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September 02, 2018, 05:23:06 PM
 #507

The behavior of the market and all coins depends exclusively on bitcoin, it has long been known! At any jvizhenii bitcoin up or down, all the coins sink in price. You will be able to see it looking at the graphs of coins and comparing them with the schedule of bitcoin!
galahads
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September 02, 2018, 05:26:53 PM
 #508

Everything depends on BTC and ETH. but there are some altcoins that only improve themselves, regardless of the price of Bitcoin and Ethereum.
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September 02, 2018, 05:32:21 PM
 #509

the price of altcoins is very much influenced by bitcoin, so altcoins repeat the price of bitcoin
112_blockchain
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September 03, 2018, 08:21:24 PM
 #510

The price of the entire cryptocurrency market is still dependent on Bitcoin. This is an indisputable fact. But also, the price is affected by the market demand, interest in this cryptocurrency. So we can not say that the price depends only on these two major players.

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masha-1v
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September 03, 2018, 08:27:06 PM
 #511

The price of the entire cryptocurrency market is still dependent on Bitcoin. This is an indisputable fact. But also, the price is affected by the market demand, interest in this cryptocurrency. So we can not say that the price depends only on these two major players.
I believe that in General, the price depends. After all, everything is based on the fact that those who hold bitcoin, hold other tokens. And so it is not strange that there is some synchronization between these tokens and the rest of the market.
Underw00d
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September 03, 2018, 08:45:38 PM
 #512

The price of the entire cryptocurrency market is still dependent on Bitcoin. This is an indisputable fact. But also, the price is affected by the market demand, interest in this cryptocurrency. So we can not say that the price depends only on these two major players.
I believe that in General, the price depends. After all, everything is based on the fact that those who hold bitcoin, hold other tokens. And so it is not strange that there is some synchronization between these tokens and the rest of the market.
   Crypto-currency in the majority as information technology has a speculative character. And what's wrong with that? Everyone thinks about winning!
Vsamuel
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September 03, 2018, 08:49:00 PM
 #513

So far, from what i have taken time to observe, i may conclude that Altcoins are so what affect by the market price of Bitcoin and Etheruem. And since most Altcoin are measure against these coins doing ICO. if the prices of these coins increase, the value of the Altcoin is greatly affected.
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September 03, 2018, 08:57:28 PM
 #514

this is a really good question ... i think there will be for least than 5-10 years btc the leader and the coins which will show the price table.

etherum will be the best coins to have payment alts , so i think eth will be the number 2 of the leading board.



Since most of the alt coins are traded with BTC or ETH. SO I think altcoins prie are dependent on the price of this two.
What is your opinion please share.

Varun Kanwar
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September 03, 2018, 09:04:57 PM
 #515

Altcoins prices really do depend on bitcoin and not ethereum. We have seen this many time that market goes down when btc goes down and it rises with bitcoin. Market confidence relies heavily on bitcoin only.
KXC247
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September 03, 2018, 09:11:05 PM
 #516

Altcoin price have a price relationship with bitcoin. This is why, if bitcoin is falling, virtually all other altcoins as well fall because they all depend on bitcoins price to go either up or down
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September 03, 2018, 09:32:38 PM
 #517

I think everything depends on Bitcoin not ethereum but not everyone some may not but not really that much
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September 04, 2018, 02:35:41 AM
 #518

Since most of the alt coins are traded with BTC or ETH. SO I think altcoins prie are dependent on the price of this two.
What is your opinion please share.

Obviously BTC, because this is the first and most powerful coin for now. For now the market is very strong filling in the BTC drop down.
So, altcoin's dependence on BTC is actually reasonable, not because altcoin is not good, but rather that BTC is indeed a very high market trust.
dezhen260
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September 04, 2018, 03:02:29 AM
 #519

Yes, all cryptocurrencies currently rely on Bitcoin, but I believe they will not rely entirely on Bitcoin in the future.
mh6e
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September 04, 2018, 03:16:39 AM
 #520

Since most of the alt coins are traded with BTC or ETH. SO I think altcoins prie are dependent on the price of this two.
What is your opinion please share.

Yes I think that too all altcoin including ethereum are dependent on bitcoin. All prices and market value of every coin is varies to bitcoin value.  When bitcoin goes up expect that altcoin will go up too. But when goes down same thing happen to all altcoin.
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