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Author Topic: Bitcoin down Altcoin down  (Read 4413 times)
Tiger Baseball
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July 14, 2018, 04:36:53 PM
 #41

Btc down altcoin also down, naturally if this happens, but not all altcoin down, there is still a rise and survive with the price.
absurde
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July 14, 2018, 04:39:11 PM
 #42

i still don2t understand the relationship with bitcoin and alternative coins. There is no proper rule between them.
Sometimes they fall down and up together, sometimes opposite.
HungryTigerGrouchyCrotch
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July 14, 2018, 04:43:22 PM
 #43

This situation reminds me my question then - it that really decentralized system when the altcoins are dependent on something, it's not banks, OK, but it's something and this really tells me that nothing can be absolutely independent..

Cryptokingind
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July 14, 2018, 04:49:49 PM
 #44

Bitcoin is the base currency of this crypto market and all the altcoins follow the bitcoin price trend. If the price of bitcoin in decrease trend then all the market will go down and if the price of bitcoin in increasing trend then all the market goes upwards. So I think there is a strong connection between bitcoin and altcoins.
ShineftChaos
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July 14, 2018, 05:11:20 PM
 #45

Is there any relationship between the two?
Whh must the fall of bitcoin after other altcoins?

The market price of all the altcoins are based on ethereum which is tether to bitcoins so obviously all the cryptocurrency in the market will be highly affected every time bitcoins is dumping.

Tom Shelby
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July 14, 2018, 05:19:54 PM
 #46

because bitcoin is a brand. everything basically focuses on it. As soon as he falls, everything falls. you need to wait a little.
nanajiana
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July 14, 2018, 05:27:38 PM
 #47

This is because the bitcoin stem from the coin is. where is bitcoin serve as the benchmark for other coins. so the movement of the bitcoin going a little multiplicity contributed to changes in altcoin.
Destroyeroff98
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July 14, 2018, 05:32:38 PM
 #48

Is there any relationship between the two?
Whh must the fall of bitcoin after other altcoins?
Most Altcoins have similar jumps in price with Bitcoin. But there are exceptions to the cryptocurrency.

glowing10
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July 14, 2018, 05:34:18 PM
 #49

There is relationship between two, either they both go up, go fall or reverse relationship. So there is still strong effect of bitcoin on other coins.

If btc rises so does other altcoins and if btc falls so does other altcoins. Their is a direct relationship between both of them and due to which it is important that btc keep rising so that we can see the other altcoins also rising and touching new high.
Morgann
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July 14, 2018, 05:55:24 PM
 #50

Is there any relationship between the two?
Whh must the fall of bitcoin after other altcoins?

Its normal for the price of other cryptocurrency to go down when bitcoins is dumping because all the ico's has the price based on ethereum which is also connected to the price of bitcoins and you can always notice in the market that both coin has always ups and down.
joellogan
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July 14, 2018, 08:14:46 PM
 #51

bitcoin and altcoin this two are most well coins of cryptocurrency, still now on other coin gain ase much popularity among the users. their popularity something cause harm to the market cause the investors thought if the bitcoin or altcoi price is down then maybe all over condition of the market is down but my suggestion will be don't judge the whole market based on a specific sites.
DiabolicAnt
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July 14, 2018, 08:22:44 PM
 #52

Yes there are correlations between BTC and alts. We can tell it even from the graphs. Of course, a awry coin has its own rises and falls, but they’re all pretty similar.

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Mix_Fix
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July 14, 2018, 08:37:00 PM
 #53

Yeah, and it will always be until we will trading everything to ETH or USDT pairs. I think that in 2-3 years we will see great alternative for BTC trading and alts independency.
annasadia
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July 15, 2018, 11:46:09 AM
 #54

Yes, there is a relationship. The price of altcoins depend on the price of Bitcoin. So when the price of Bitcoin falls, the price of other altcoin falls as well.
Omtamvan
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July 15, 2018, 12:01:41 PM
 #55

indeed bitcoin lower Altcoin because Altcoin itself always follow the movement of bitcoin hence from now even though Altcoin down there are still many people who invest in Altcoin and bitcoin because Bitcoin and Altcoin are favored by many people so from it bitcoin and altcoin together
batang_bitcoin
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July 15, 2018, 12:07:52 PM
 #56

Is there any relationship between the two?
Yes.
Whh must the fall of bitcoin after other altcoins?
They are all following bitcoin, so if you are curious why most alts are falling down when bitcoin falls down, that answers your curiosity.
Altcoins aren't independent, all of them are depending to bitcoin's market so when bitcoins down, they will be down too.

Bokugo
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July 15, 2018, 12:08:04 PM
 #57

indeed bitcoin lower Altcoin because Altcoin itself always follow the movement of bitcoin hence from now even though Altcoin down there are still many people who invest in Altcoin and bitcoin because Bitcoin and Altcoin are favored by many people so from it bitcoin and altcoin together
However I think the decisive rise and decrease in altcoin prices is bitcoin, because as we know when bitcoin prices fall all altcoin prices fall as well, but if the Bitcoin price increases most likely the price of altcoin will increase as well.
hewbrowden
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July 15, 2018, 12:18:19 PM
 #58

Is there any relationship between the two?
Whh must the fall of bitcoin after other altcoins?
Many altcoins buy for Bitcoin. Then when the price rises for an alternative cryptocurrency also grows and Bitcoin. That's such an relationship.Now the whole crypt is cheaper and the BTC is not an outsider
javainn
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July 15, 2018, 12:20:35 PM
 #59

Is there any relationship between the two?
Whh must the fall of bitcoin after other altcoins?
there is a relationship between bitcoin and altcoin, because the benchmark of altcoin costs using bitcoin, so it's only natural that bittoin down altcoin also decreases drastically and this will happen anytime but if the increase in bitcoin or altcoin will continue to rise.

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July 15, 2018, 12:37:18 PM
 #60

I do not think who will crypt out in 2019. On the contrary, I think it's time for prosperity and growth. And there we will look, that it is necessary to us to go through. But I'm optimistic about all this.
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