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Author Topic: Bitcoin down Altcoin down  (Read 4363 times)
VuLDK
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July 25, 2018, 03:29:37 PM
 #201

Is there any relationship between the two?
Whh must the fall of bitcoin after other altcoins?
This is a very normal thing in the virtual money market , when bitcoin prices fall , which means that the market is going to go down in numbers , which can make you nervous , however , be able to make you nervous when you' re going to buy a huge number of altcoin and you' ll be able to invest in the market
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July 26, 2018, 11:18:21 AM
 #202

The relation between these ones is too close because they have an impact on each other including current trends, prices, predictions and so on.

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July 27, 2018, 06:16:48 AM
 #203

All prices for altcoyin are based on their exchange rate Bitcoin, and not on the dollar exchange rate. When the price of bitcoins falls or rises against the US dollar, all altcoyins will always follow down or up.
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July 27, 2018, 10:28:28 AM
 #204

Of course always! What is altcoin? The task of altcoin is to facilitate the receipt of bitcoin-s. these two cryptocurrencies are closely related to each other. Therefore, even doubt not worth it.
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July 28, 2018, 03:55:52 AM
 #205

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

This reminds me of a question in the past, whether this system is really decentralized when altcoin depends on something, it's not a bank.
This explains me that no one can be completely independent. And all this is just like a game.
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July 28, 2018, 04:03:14 AM
 #206

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

Really after I observed the bitcoin market had a high price while the new altcoin started it.
I think it's a natural process going on and it's getting better to raise a price similar to bitcoin.
Indeed the situation is still like that.
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July 28, 2018, 04:05:08 AM
 #207

Is there any relationship between the two?
Whh must the fall of bitcoin after other altcoins?
of course there is a relationship between these two coins, Bitcoin is the main coin and becomes the benchmark for all coins so if Bitcoin down then Altcoin also follow down as what is happening right now.
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July 28, 2018, 04:07:18 AM
 #208

actually both are unrelated but most altcoin always see bitcoin if going up or down, in contrast to bitcoin that can go down or ride anytime he wants because he is king in crypto (that's just my thinking)

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July 28, 2018, 04:19:56 AM
 #209

Bitcoin is the parent of the cryptocurrency world and altcoin is a good counterweight in the world of cryptocurrency I think both are the same affect each other, so when bitcoin down then altcoin will also come down. The current crypto market is not good and bring bad impact to bitcoin and altcoin.
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July 28, 2018, 08:14:22 AM
 #210

Is there any relationship between the two?
Whh must the fall of bitcoin after other altcoins?
No there isn't any relationship between the two as the bitcoin prices fall first then the Altcoin prices fall and not the other way around. This also happen because the investors loose confidence in the Altcoin market after the fall of bitcoin and also some sell their coins to purchase bitcoin because of the sale going on in the dump phase of bitcoin.

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BountyGo
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July 28, 2018, 09:15:26 AM
 #211

I wouldn't worry long term at all and probably short term either. If BTC price doesn't fall (my personal opinion, but I think it will not) then alts will go up within a few days maximum. We are starting to see it now already. Don't you worry, it's not worth it!
Go to livecoinwatch.com and check the 1h movement on alts, almost all of them are up.
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July 28, 2018, 09:18:06 AM
 #212

All altcoins are subject to bitcoin pricing. But at the moment when bitcoin prices are rising, altcoin prices are still falling and there is no sign of increasing
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July 28, 2018, 09:21:36 AM
 #213

This system has changed a lot in the process. While the bitcoin was rising in October 2017, the altcoins were constantly falling.

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July 28, 2018, 09:21:53 AM
 #214

Yes. It is true that bitcoin and altcoin are down. In my research I found bitcoin price is the factor behind the reduction of the prices of other coins. This shows that bitcoin in cryptocurrency is a determinant for other coins .that's if the price goes up today it will positively affect the price of altcoin.
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July 28, 2018, 09:24:36 AM
 #215

Yes, today the market is going down. The altcoins are very much cheaper. I think that at the moment it's better to fix the capital in the stable token of USDT or USD.
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July 28, 2018, 09:27:39 AM
 #216

I think it's not so fair because I observed that every bit of Bitcoin rises so altcoin will not go up otherwise Bitcoin corrects a little almost all altcoin will experience a profound decline so that the price difference with Bitcoin will be left behind, then how altcoin's fate can still compete in the share market if the price is always like that?
Asawakobana2017
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July 28, 2018, 09:28:10 AM
 #217

Yes, today the market is going down. The altcoins are very much cheaper. I think that at the moment it's better to fix the capital in the stable token of USDT or USD.
I believe that the price of the altcoin really depend on the bitcoin price. The bitcoin is the price basis of all coin on crypto feild if bitcoin falls down the altcoin price is also falling down. So then I believe that the altcoin depend on the bitcoin market. If bitcoin failed the altcoin will also failed.
asritajudin
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July 28, 2018, 09:32:11 AM
 #218

For me, I believe the reason for this is because bitcoin is the oldest crypto and other altcoin were built from it blockchain that is why it controls the price of altcoin but I believe in coming years, the altcoin will be able to also stand on their own and not be affected by the price of bitcoin.
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July 28, 2018, 09:32:33 AM
 #219

yes it is, because the whole market depends on bitcoin

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July 28, 2018, 09:34:24 AM
 #220

Now a good opportunity even to track the growth of btc, and to buy altcoin. Since when the price fixes well, then all coins will be tightened. You can earn some money on this.
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