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truongdhnh
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September 10, 2018, 05:31:14 PM |
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We still know Bitcoin dominates the entire crypto currency market and that Bitcoin up or down affects the Altcoins directly. In my opinion we should not lose control because Bitcoin has so far been down and prices have risen too many times so i believe Bitcoin and Altcoins will come back.
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sborders52567
Newbie
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Activity: 80
Merit: 0
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September 10, 2018, 06:02:56 PM |
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Whenever the bitcoin rate decreases, the altcoins decrease and, in some cases, the bitcoin rate decreases, the altcoins increase, and the altcoins increase, the bitcoin decreases rapidly. This depends on the time of the market.
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nikotengik
Jr. Member
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Activity: 224
Merit: 1
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September 10, 2018, 06:11:30 PM |
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Is there any relationship between the two?
Whh must the fall of bitcoin after other altcoins?
I think yes, maybe the hala is reasonable. because bitcoin itself is a benchmark for every existing and emerging altcoin. so it's very reasonable in my opinion. it is only my perception and maybe if it is wrong it can be justified. |
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Varun Kanwar
Newbie
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Activity: 70
Merit: 0
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September 10, 2018, 06:13:14 PM |
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There is no actual relationship between the two but the investor confidence is highly related to bitcoin. So if btc goes down the investor confidence also goes down which in turn affects the altcoin prices too.
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97percent
Jr. Member
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Activity: 392
Merit: 1
☀️ Iskra Coin ☀️
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September 10, 2018, 06:18:51 PM |
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This deteriorating market price condition, I think, will continue in the following months. But crypto will stay alive and recover again together by increasing coin prices to those who have successfully passed this process perfectly. By investing in those who are potential will provide opportunities for yourself to get a lot of money. Be selective in choosing and choose coins based on the results of an analysis that shows that they have good prospects in the future.
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reda
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September 10, 2018, 06:22:12 PM |
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Don't think about the price down. Its good time to invest. So most of the people invest in price downtime. This good idea for invest in right time. So don't lose that time. It any time to up and down. So people choose the process downtime for invest. But before invest choose the best coin and invest. you have always plan. So plan to work and plan to complete. Then get more profit and future improvements.
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DinaPalamarchuk
Member
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Activity: 126
Merit: 10
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September 10, 2018, 06:30:12 PM |
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All coins depend on bitcoin. When the bitcoin falls, all the altcoins fall. Because bitcoin is the most reliable coin on the crypto market.
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truetempo
Newbie
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Activity: 55
Merit: 0
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September 10, 2018, 06:37:07 PM |
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Today, the falling is the trend of the total market as a whole, given the lack of a positive news fund or new "trading opportunities". Bitcoin should show something new like Bitcoin ETF
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ravshang71
Newbie
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Activity: 62
Merit: 0
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September 10, 2018, 06:39:45 PM |
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First and foremost, bitcoin growth plays a key role for all the altcoin. There are times that bitcoin grows, and the altcoin on the spot. This is primarily caused by a greater interest in bitcoin and its application as a means for manipulation.
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Potatohead
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September 10, 2018, 06:53:18 PM |
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Is there any relationship between the two?
Whh must the fall of bitcoin after other altcoins?
. Most altcoins depend in the value of bitcoin. As bitcoin drops down, other coins drop down as well. However, the best thing to do is just to wait for the right time until the value of bitcoin and other coins rise again. The market is just in dip but it will surely recover soon. |
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Bay_Harbour_Butcher
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September 10, 2018, 07:25:58 PM |
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yes of course, because bitcoin is a benchmark for all altcoins, it is only natural that the price of bitcoin falls, and all altcoin prices also fall, because bitcoin is the biggest currency, we can see bitcoin dominance in marketcap reaching 55%
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Manuel05
Jr. Member
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Activity: 316
Merit: 4
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September 10, 2018, 07:32:50 PM |
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I believe most people use bitcoin to trade and when the price of bitcoin falls it will also affect prices of altcoin and again bitcoin is like the confidence investors have when they notice a crash or rise everybody run to bitcoin/fiat for shelter. Altcoins still have a long way to be independent of bitocin.
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Coin BTC
Member
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Activity: 721
Merit: 19
Trident Protocol | Simple «buy-hold-earn» system!
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September 10, 2018, 07:45:18 PM |
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Is there any relationship between the two?
Whh must the fall of bitcoin after other altcoins?
Clearly there is a connection between Bitcoin and Altcoin, because the exchange process takes place between Bitcoin and Altcoin. But the advantages of Bitcoin are still able to compete with high prices compared to Altcoin. Maybe the influence of total supply. |
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s.Zavgorod
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Activity: 224
Merit: 10
"IGT-crypto - lifetime income from working exchang
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September 10, 2018, 07:57:46 PM |
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If bitcoin rises, people sell. If butcoin goes down, people sell. Too much btc fluctuations make altcoins trading very difficult.
I do not know why many people sell fall, probably due to lack of experience. After all, in fact, if you allow everyone to the market in a row, completely unpredictable chaos will begin. And in addition, people can become smarter, gather in groups and purposefully destroy tokens. Buying them up to 100% and selling sharply. |
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tisoysoy
Copper Member
Jr. Member
Offline
Activity: 362
Merit: 1
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September 10, 2018, 08:01:44 PM |
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If bitcoin rises, people sell. If butcoin goes down, people sell. Too much btc fluctuations make altcoins trading very difficult.
I do not know why many people sell fall, probably due to lack of experience. After all, in fact, if you allow everyone to the market in a row, completely unpredictable chaos will begin. And in addition, people can become smarter, gather in groups and purposefully destroy tokens. Buying them up to 100% and selling sharply. In fact bear trend never specified when to fluctuates again on its prices still its more worth to wait because there are certain possibilities that it will more profitable in this ber months season. |
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Shubhamgill33
Newbie
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Activity: 54
Merit: 0
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September 10, 2018, 08:22:56 PM |
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Altcoin prices are tightly linked to bitcoin prices. one can easily say that whenever bitcoin goes down altcoins also go down but same cannot be said for the reverse. We have seen that btc recovery is faster than alts. Since more than half of the current market money is invested in bitcoin only so due to its stake in market it brings down the whole market alongwith it.
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DraGoN7b
Jr. Member
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Activity: 50
Merit: 10
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September 10, 2018, 08:28:09 PM |
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When Bitcoin's growth is insignificant, a psychological game begins, everyone wants to be with the locomotive. At this point, the sale of altcoyins and the purchase of Bitcoin begins.
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PancherBitCoin
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September 10, 2018, 08:29:42 PM |
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Altcoin prices are tightly linked to bitcoin prices. one can easily say that whenever bitcoin goes down altcoins also go down but same cannot be said for the reverse. We have seen that btc recovery is faster than alts. Since more than half of the current market money is invested in bitcoin only so due to its stake in market it brings down the whole market alongwith it.
I, too, can not understand such a tendency to react differently to the rise or fall in the price of Bitcoin. If the market falls, then prices fall all together, And if the price of Bitcoin is restored, other crypto-currencies move reluctantly. |
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celestinamoore
Jr. Member
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Activity: 85
Merit: 1
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September 10, 2018, 08:40:14 PM |
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If you think about it Bitcoin actually controls more than 50% of the crypto market hence when it drops, altcoin will also fall. Even though no actually proof of this but that's just how it's always worked.
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Adunni6758
Jr. Member
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Activity: 420
Merit: 1
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September 10, 2018, 08:44:03 PM |
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The same thing is what we are experiencing at this time, but despite the the present situation of the market, there are still some altcoins that are rising instead of plummeting in price and one of them is ETC. Despite this, some altcoins have seriously plunged, but i believe that when the general market gets better, they will rise again.
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