Btcirene88
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October 03, 2018, 01:11:52 PM |
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Yes, there is a relationship with the price in the market if the head of coin ( bitcoin ) have experiencing a unbalanced circulation of value into market, it can affects also into the altcoin currency having dependent with the supply and demand in the market, so whatever happens into the highest coin in digital word it comes with a reflection.
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dimon01
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October 03, 2018, 04:57:30 PM |
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there is still a strong influence of bitcoin on other coins.There is a relationship between the two, or they both rise, fall or Vice versa. there is still a strong influence of bitcoin on other coins.
Of course Bitcoin influences altcoins greatly. In my belief, the reason for that is quite simple, all altcoins are mainly traded to and for bitcoins only. |
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YinShuiSiYuan
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October 03, 2018, 05:24:39 PM |
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I think there is a connection between these two. We have seen that when the bitcoin grows the altcoins also grow.
If bitcoin has a 50% market share it will undoubtedly have to affect the rest of the currencies. Therefore, all up or down moves result from the direction in which bitcoins follow. Bitcoin is the main currency that affects the entire market. |
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pkb007
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October 03, 2018, 05:31:19 PM |
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Is there any relationship between the two?
Whh must the fall of bitcoin after other altcoins?
Bitcoin is a mother coin of all the altcoin. All altcoins depend on the bitcoin strongly. When bitcoin drops then the other coins drop down automatically. Similarly, bitcoin when pump is done and all the altcoin also pump. So it is true that bitcoin and altcoin both are related. |
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AshdiD22
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October 03, 2018, 06:51:15 PM |
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certainly related, bitcoin affects all altcoin if bitcoin decreases then altcoin down. but it can happen but only a few of the new coins are rising high when bitcoin prices go down, perhaps because demand for the coin is so much that it can affect the price. but here I emphasize that everything is very dependent on bitcoin for ups and downs of prices.
I think it is because the reasons behind price variations are the same, and also, because Bitcoin as a leader in the market is the entry port for other investments. |
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bayupermana
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October 04, 2018, 12:47:06 AM |
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Because crypto world related with bitcoin. you bitcoin start dump then all altcoin also dump. bitcoin Possible to go down more and so
alt are also dumping.
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reality18
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October 04, 2018, 12:52:24 AM |
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This has been the trend for quite a good number of years because Bitcoin tends to influence the entire crypto market. Bitcoin is paired to almost all the coins on exchanges hence any decline in the price of Bitcoin relatively affect the coins paired to it.
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chamika888
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October 04, 2018, 02:17:02 AM |
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Bitcoin is obviously the LEADER in all crypto currency.. So if seems like investors / buyers are losing faith in it.. it means that for all crypto.. its happens in stocks as well.. Say for example.. The Solar Energy sector...
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antran123
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October 04, 2018, 02:30:27 AM |
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I think all altcoin are based on bitcoin as a source of comparison. So essentially making bitcoin prices up then altcoin prices also rise, and make bitcoin prices down altcoin prices also fell.
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Tahir460pk
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October 04, 2018, 02:30:47 AM |
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As you know that bitcoin is a founder member of the market and as it's price go up the prices of all altcoins go up but as the drop down in the price of bitcoin it's affect on all altcoins and their prices also go down its true bitcoin down altcoins down.
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paulsen
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October 04, 2018, 02:32:56 AM |
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actually there are patterns that there used to be the opposite. When the bitcoin down, should altcoin up, so did the opposite. However, this is precisely the case when different. no longer valid pattern that there used to be. now when the bitcoin down, then altcoin will also join the down.
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Winner
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October 04, 2018, 02:33:36 AM |
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As you know that bitcoin is a founder member of the market and as it's price go up the prices of all altcoins go up but as the drop down in the price of bitcoin it's affect on all altcoins and their prices also go down its true bitcoin down altcoins down.
Bitcoin is what pushes the price of most coin sup. Purchase Bitcoin and hold onto it, then you can play with the Altcoins. |
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Outlander
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October 04, 2018, 02:36:32 AM |
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Is there any relationship between the two?
Whh must the fall of bitcoin after other altcoins?
The price of most altcoins has a lot to do with the price of BTC. They are almost all traded through BTC, so the price has a great impact. |
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jack long
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October 04, 2018, 02:51:18 AM |
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Bitcoint is indeed the parent of all crypto coints, if bitcoint goes down it will be followed by all the other coints, and vice versa
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Sayan Sengupta
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October 04, 2018, 03:01:38 AM |
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Till such time the % market capitalisation is >30% with BTC, this will continue. Let us wait for the dominance to go down for a dissociation. While it looks improbable, but remember that just 3 years back, the contribution of BTC was 80%+. New correlations will come up as the space matures.
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btcmmo9314
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October 04, 2018, 03:04:22 AM |
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It has no direct effect, but it has an indirect effect. Every time I see the price of Bitcoin change, then almost the whole market has fluctuations.
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quandong
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October 04, 2018, 03:07:24 AM |
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Is there any relationship between the two?
Whh must the fall of bitcoin after other altcoins?
The impact of the currency market on the decline of Bitcoin is enormous. When the currency has the biggest impact on price decreases, the Altcoins also fall. With the current situation i think it will take more time for the recovery and return of Bitcoin and Altcoins. Bitcoin's decision to the existence of Altcoins and the development of Altcoins made the Bitcoin market more diversified. |
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montaza
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October 04, 2018, 03:07:58 AM |
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Bitcoint is indeed the parent of all crypto coints, if bitcoint goes down it will be followed by all the other coints, and vice versa
Indeed, because bitcoin started the crypto currency, the success of bitcoin was the reason why other crypto currency has emerged, they try to make their own crypto that surpasses bitcoin |
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t3m4nc0k
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October 04, 2018, 03:15:10 AM |
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if bitcoin falls then the altcoin will also feel the impact because both do have a relationship even though not directly and bitcoin has become the center of the altcoin that has a value out of bitcoin
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sedahan13
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October 04, 2018, 03:30:12 AM |
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When i look chart of Bitcoin and Litecoin in 2012 and 2013 which the price of Bitcoin was going up and down in that times and also Litecoin also followed it. This mean altcoin followed price action of Bitcoin since altcoin started tradeable. From this price action we will know when should be entry and exit fromthe crypto market, if we think the price of Bitcoin overbought also we should be sell altcoin
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