|
elcoblast
|
 |
October 30, 2018, 12:57:55 PM |
|
Bitcoin is generally a dominant crypto currency and its impacts on the price of altcoins and results to similar price fluctuation. There's no specific reason behind this. It is just the nature of bitcoin.
like you said, but when we see market chart in few year ago, when bitcoin down altcoin is up, but for now when bitcoin down altcoing keep going down |
CDEX-CROSS-CHAIN DECENTRALIZED EXCHANGE PLATFORM |
|
|
|
|
|
|
|
The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
|
|
kiranarora
Newbie
 Offline
Activity: 84
Merit: 0
|
|
October 30, 2018, 12:58:46 PM |
|
According to my bitcoin and altcoin both cryptocurrency are almost similar. Of these, bitcoin is being given more preference. Because if bitcoin is running in the market, altcoin will also run down.
|
|
|
|
|
jusertvaz
Member
Offline
Activity: 428
Merit: 12
|
|
October 30, 2018, 01:01:11 PM |
|
According to my bitcoin and altcoin both cryptocurrency are almost similar. Of these, bitcoin is being given more preference. Because if bitcoin is running in the market, altcoin will also run down.
Only BTC fell in price approximately three times of its maximum, and for example Ethereum fell 6 times from its maximum. As you can see from the example altcoins more strongly adjusted in the fall than BTC. But with the growth of this trend as is. |
|
|
|
wewe123
Member
Offline
Activity: 322
Merit: 11
🚀🚀 ATHERO.IO 🚀🚀
|
|
October 30, 2018, 01:21:53 PM |
|
As the cryptocurrency market is falling down of price value of coins , then bitcoin as the lead coin of the market cap is experiencing down in the market , and the altcoin will also the same experienced as of bitcoin which are also down in the market cap.
|
|
|
|
xPASTELx
Jr. Member
Offline
Activity: 191
Merit: 3
|
|
November 04, 2018, 01:03:46 PM |
|
Is there any relationship between the two?
Whh must the fall of bitcoin after other altcoins?
That is pretty much how the entire market works, when the price of bitcoin is down then the price of the altcoins are bound to go down too since their value are determined by the value of bitcoin. Bitcoin is so important and if we are ever going to have another bull market on our hands then it is going to be when the price of bitcoin bulls. |
EndChain - Complete logistical solution for all markets and supply chains
ICO Starts:December 1, 2018 (https://endchain.io/)[/center |
|
|
|
raptorez
|
|
November 04, 2018, 01:09:19 PM |
|
This is a well-known truth, which for some reason has not been working lately, it is strange to talk about it, but this is true, because cryptocurrencies, namely, altcoins are starting to become more popular.
|
|
|
|
|
Mhd-Bobbi
Member
Offline
Activity: 434
Merit: 13
|
|
November 04, 2018, 01:26:43 PM |
|
It has been noted from the past that the price of altcoins follows the price of the bitcoin that means when the price of bitcoin is high then the price of altcoins rise high. Actually this relationship is not proved by any research but it is built on the basis of the previous experience.
Yes, you are right, All coins are related to Bitcoin, all types of coins are of course related to Bitcoin, altcoin rises because of bitcoin, down altcoin because of bitcoin, actually this is what we have to do research to find out the altcoin relationship with bitcoin. |
|
|
|
|
Marainoli
Member
Offline
Activity: 91
Merit: 10
Justice as a Service Infrastructure
|
|
November 04, 2018, 01:27:58 PM |
|
All market falls. All coins lose every day the capitalization of the coins. Until investors developed the market of changes will not be.
|
|
|
|
pooja1982
Copper Member
Jr. Member
Offline
Activity: 166
Merit: 1
|
|
November 04, 2018, 01:44:14 PM |
|
I have been associated with crypto market last 3 years and I study and observe that when the Btc falls then all other altcoins are falling at the same moments. It seems to crypto market trends that all altcoins are depends on Bitcoin if btc will down all market will be down and if bitcoin will rise up all crypto market will be rise up.
|
|
|
|
|
|
paradigmaV
|
|
November 04, 2018, 02:09:56 PM |
|
Is there any relationship between the two?
Whh must the fall of bitcoin after other altcoins?
The crypto market is still very young. And of course, bitcoin affects the value of alternative currencies. This is a speculative market. People transfer money from one asset to another in order to make a profit in the short term. These are the rules of the game today. Alternative currencies repeat the movement of Bitcoin, but with a little more speed. |
|
|
|
|
|
