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Author Topic: Bitcoin down Altcoin down  (Read 4364 times)
jwplayer0
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July 18, 2018, 04:22:29 PM
 #141

I do not know why this happens, but the altcoins fell after bitcoin. I hope that over time this dependence will not be so strong and the altcoins will not depend on bitcoin.

WiiD
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July 18, 2018, 06:40:43 PM
 #142

I do not know why this happens, but the altcoins fell after bitcoin. I hope that over time this dependence will not be so strong and the altcoins will not depend on bitcoin.
And this is because when bitkoyn starts to fall, everyone starts fixing in it, and so its capitalization grows. Once bitkoyn grows, most of the investment flows into the altokkony, and their price grows accordingly.
ku4er
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July 18, 2018, 06:46:28 PM
 #143

I do not know why this happens, but the altcoins fell after bitcoin. I hope that over time this dependence will not be so strong and the altcoins will not depend on bitcoin.
And this is because when bitkoyn starts to fall, everyone starts fixing in it, and so its capitalization grows. Once bitkoyn grows, most of the investment flows into the altokkony, and their price grows accordingly.
Now bitcoin is growing, and all the violas are going down. Therefore, this is not an indicator. Alts do not depend on bitcoin, but on very rich people.

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Jombrangs
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July 18, 2018, 06:53:34 PM
 #144

Actually the bitcoins and other alternative coins are not related to each other,
 the thing why the market value goes down through the small amount of demand they received in the market.
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July 18, 2018, 06:56:26 PM
 #145

Both has very deep relation. Crypto world is based on Bitcoin still everything is backed with Bitcoin.
samvel86
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July 18, 2018, 07:01:29 PM
 #146

Yes, you are right, Altcoin and bitcoin are connected to each other, sometimes one or more of them fall, but they are in the same zone and fight for the same thing, so that one has a great impact on one another.
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July 18, 2018, 07:11:53 PM
 #147

Positive and significant changes that occur in the market of crypto currency act on both bitcoin and altcoins, so they grow. New crypto-currencies that just emerged strongly depend on the bitcoin price and fall and grow  with it, and the crypto-currencies that are already firmly entrenched in the market can grow themselves depending on demand.

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July 18, 2018, 07:16:06 PM
 #148

you are right-bitcoin is down altcoin down. although it is unclear this the link.  altcoins should not depend on bitcoin.
Jimmi Andersen
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July 19, 2018, 03:28:05 PM
 #149

If you analyze charts from the past months, you will see how all altcoins depend on bitcoin. Their price is about the same rising or falling, only the difference from a few hours to several days. The so-called delay.

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July 19, 2018, 03:53:40 PM
 #150

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


This is always the case, and it has always been the most bizarre news that most of us make us panic. From my view, that bitcoin is the king of all cryptocurrencies and dominates all altcoins, therefore bitcoin supremacy moves them in determining market prices, this means that when bitcoins are stable, they do the same and vice versa.
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July 19, 2018, 03:57:30 PM
 #151

Altcoins correlates to price movement of bitcoin against fiat currency. Because of dominancy of btc on market cap and almost all altcoins are paired with btc.
Natusik
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July 19, 2018, 06:13:29 PM
 #152

The last two days we see a strange picture when the price of bitcoin remainsmore or less stable, and the price of altcoyins declined by more than 5%. I think that this shows that the price of bitcoin was growing and kept on the same level due to the fact that investors withdrew money from other coins and put them in bitcoin.
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July 19, 2018, 08:46:33 PM
 #153

Bitcoin dictates prices in the market. To buy altcoins, people must first buy bitcoin or ethereum. Bitcoin is much more popular, so most people prefer bitcoin. The cheaper bitcoin is, the cheaper altcoins are and vice versa.

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July 20, 2018, 01:34:59 AM
 #154

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

Both Altcoin and bitcoin are in the same market and both are crypto currencies, and there will always be a connection between the two.
But actually this has not been proven in a real / scientific way. But if you look at the habits of the market during the last few years, it can be said that bitcoin prices will become a reference and affect the price of another coin.
holigans
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July 20, 2018, 02:04:21 AM
 #155

Btc down altcoin also down, naturally if this happens, but not all altcoin down, there is still a rise and survive with the price.
I do not think Bitcoin lowers Altcoin because I know every Altcoin bitcoin movement always follows its movement therefore if Bitcoin price decreases altcoin always follow its movement because these two coins are helping each other and need
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July 20, 2018, 02:08:05 AM
 #156

It's very clear that both have mutual influence and bind. bitcoin has influence in terms of the ups and downs of prices in the market. While up bitcoin altcoin also goes up and vice versa. This is referred to as the parent of the bitcoin coin.
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July 20, 2018, 02:15:08 AM
 #157

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

Both Altcoin and bitcoin are in the same market and both are crypto currencies, and there will always be a connection between the two.
But actually this has not been proven in a real / scientific way. But if you look at the habits of the market during the last few years, it can be said that bitcoin prices will become a reference and affect the price of another coin.

Yes, bitcoin price has the influence in the market because most of the time when bitcoin goes down, prices of other coins goes down as well. When bitcoin is red, almost the entire market is red and when bitcoin is green, almost the entire market is green. Its price has a big influence in it because some people would then sell their coins when bitcoin goes down because they knew that price of altcoins goes down along with it. This has been the trend and it continues up to now. I think it has something to do as well for bitcoin to be a base coin that's why it has the effects of its price to altcoins.

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July 20, 2018, 02:15:30 AM
 #158

one of the problems is altcoin always influenced by the rise and fall of Bitcoin, if Bitcoin always up altcoin will also rise, it will really make investors happy. If Bitcoin down altcoin will also go down, I think altcoin does not have the power to increase its selling point independently.
troiano9
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July 20, 2018, 02:19:09 AM
 #159

They only go down together and all rise together if you measure in USD.  Measure your alts in BTC
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July 20, 2018, 02:27:34 AM
 #160

You'll see a lot of altcoin's price dumped the same as Bitcoin price but this sitation will happen when Bitcoin price increase too quickly as well Cheesy. For example, at the moment, price of Bitcoin is increasing very quickly that why there are so many altcoins dumped to hell although it's the best altcoin like ETH is also affected. Just because BTC is the first cryptocurrency so it has great effect on all other altcoin price Smiley.

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