Shreek
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November 24, 2018, 12:07:56 AM |
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ETH does not affect the price of BTC or Altcoin, but the price of BTC affects all coins, because BTC can be the main parameter for the world of cryptocurrency
when we see BTC prices change drastically, then the value of Altcoin prices against the USD also changes drastically, the changes can be in line can also be the opposite
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sitbang
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November 24, 2018, 12:08:28 AM |
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I think the altcoin price is very dependent on the price of bitcoin, when the price of bitcoin goes down, all altcoins will go down and include ethereum come down, because bitcoin is king in the crypto world. |
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dergdislili
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November 24, 2018, 12:30:12 AM |
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Waiting for BTC with 1k price
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DeKingCrypto
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November 24, 2018, 12:32:17 AM |
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I think yes, altcoin price depend on Bitcoin and sometimes it depends on Ethereum, but it mostly on Bitcoin because they are mostly exchange to Bitcoin before their local currencies.
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stiletos
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November 24, 2018, 12:35:20 AM |
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Every crypto price is dependent on the price if BTC, it isn't difficult for anyone to notice, when BTC prices plummet, those of alts follow suit, and vice versa! I think alts need BTC popularity to survive!
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jcmansah7
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November 24, 2018, 12:36:30 AM |
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Yes because both btc and eth are the major cryptocurrencies that investors use to purchase and invest into ICOs and so when the prices of these major cryptocurrencies drops the initial amount of $100 US dollars of ETH or BTC that they had to send would have to be increased and so when investors see that there has been a reduction in either btc or eth then they also decrease their buying orders.
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Pattart
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November 24, 2018, 12:54:52 AM |
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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.
Well , of course it depends , you can say 2 giants in our market, and if they are in the bear market then the rest of the coins, too, but of course much depends on bitcoin more ! Nope, I don't think it depends, you can see in the market when the price of bitcoin weakens to $4500 some coins are not affected and actually increase, that means the price of bitcoin does not depend on all price changes in crypto, bitcoin does have a big influence on the market, but there many coins are not affected by changes in the price of bitcoin |
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healthsamvikit
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November 24, 2018, 03:53:27 AM |
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Waiting for Bitcoin 1k
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sitbang
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November 24, 2018, 08:44:34 AM |
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Yes right, the altcoin price still depends on bitcoin, because btc is the king of crypto currency, if the btc price increases then all the coins in the price cryptomarket will increase and include ethereum. |
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CryptoRama
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November 24, 2018, 08:57:13 AM |
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On BTC, because it's the biggest and it takes everything with him, just look at the charts, usually charts are looking the same as bitcoin chart.. https://coinmarketcap.com/ maybe other charts are going a little different, like the chart of XRP. you see it's a little different but is still aligned a little with bitcoin. |
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pungopete468
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November 24, 2018, 09:01:15 AM |
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in my opinion for the price of altcoin itself indeed has to do with the existence of bitcoin or ethereum now because both of them are indeed an influence on all existing altcoins
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deppil90
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November 24, 2018, 09:09:32 AM |
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as a pioneer of crypto Bitcoin and ethereum it deserves to be a reference for all crypto prices, every altcoin that exists uses both because the coin has the most stable and large volume and community
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Lolox
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November 24, 2018, 09:11:01 AM |
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The altcoin price is more dependent on BTC, and that also applies to all coins that are in crypto. The increase and decrease in the price of bitcoin have a significant influence on the crypto coin. They will continue to follow the directions of Bitcoin. Bitcoin requires positive support from all parties in order to be in a stable and increasing position. So that the price of other crypto coins can be easier in raising the price.
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MrPao
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November 24, 2018, 09:14:20 AM |
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More than 80% of the altcoins in the market come from ERC-20, so the conversion between these altcoins must pass ETH, which makes their prices closely related!
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isen
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November 24, 2018, 09:31:09 AM |
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Now the market is heavily dependent on Bitcoin, by and large managing Bitcoin is driving the market. Bring the price in motion, and the whole market will move. This is especially noticeable with strong downturns, when a huge number of people begin to panic Sale.
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Happy Miner
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November 24, 2018, 09:33:51 AM |
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Bitcoin affects the value of other coins, it is an indisputable fact. But some exchanges on which cryptocurrencies are traded, already want to replace the main currency. In their opinion, trading is more convenient to produce in a stable stable coin - rippl.
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muksal
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November 24, 2018, 09:37:04 AM |
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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.
of course, this is a very true expression. while the price of etherum and bitcoin is declining, the prices of other altcoins will also decrease. Because I see a lot of altcoins that produce that have the platfom of both coins. need an altcoin that has an exchange using etherum and bitcoin. I think the altcoin is very dependent on etherum and bitcoin |
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sirohige
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November 24, 2018, 10:26:24 AM |
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altcoin price movements only depend on the price movements of bitcoin when the price of bitcoin experiences an increase in price so it will automatically make the condition of the altcoin price increase so to be able to increase the price of cryptocurrency you should increase the price of bitcoin so that other cryptocurrency is also affected by price increases.
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TWW
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November 24, 2018, 10:29:46 AM |
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altcoin price movements only depend on the price movements of bitcoin when the price of bitcoin experiences an increase in price so it will automatically make the condition of the altcoin price increase so to be able to increase the price of cryptocurrency you should increase the price of bitcoin so that other cryptocurrency is also affected by price increases.
it becomes an influence from the market, because the market itself is still very much affected by bitcoin. therefore Altcoin is very affected by the position of bitcoin on the market. altcoin have their own blockchain technology, and develop it. in fact it could be a tool to trigger an increase in altcoin without having to wait for the movement of bitcoin, but it would be very difficult because bitcoin is important in market conditions. |
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heleng05
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November 24, 2018, 10:36:41 AM |
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Yes of course As I noticed the value of any currency in the market they don't increase even their value and sometimes don't reached their ICO's price. That's why more currency still don't increase their value and I think increasing the value of Bitcoin is the best way to make any currencies grow their value.
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