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Author Topic: Bitcoin down Altcoin down  (Read 4388 times)
Valay9836
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July 28, 2018, 09:34:28 AM
 #221

I believe that bitcoin is currently the dominant cryptocurrency . so everyone else is moving in on him.
redhorsebeer1980
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July 28, 2018, 09:36:47 AM
 #222

Bitcoin and Altcoin price value are down again?This is not new because Altcoin price depends on Bitcoin demand.
viktoriya1945
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July 28, 2018, 09:41:42 AM
 #223

Of course, the altcoins and bitcoins are interrelated. Usually when after significant growth bitcoin goes into the lateral triangle, and as we know this figure can change the trend in any direction, people start to reinvest in altcoins not to risk thereby causing their growth.
kamkacoin
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July 28, 2018, 09:44:05 AM
 #224

Both of them are same in the market and they all are affected by any changes and influctuations in the market. Take it easy.
Whenever having any bad effects, the Crypt market will change response with the change in the whole market.
ximenzi
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July 28, 2018, 09:50:11 AM
 #225

Since most of the altcoins in the market are converted by Bitcoin or Ethereum, when investors enter the market to buy coins, they will first purchase BTC or ETH, NEO, EOS, etc. to convert other altcoins! This kind of ties are affecting the overall changes in the market!
boyjack
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July 28, 2018, 09:53:04 AM
 #226

There is relation with bitcoin and altcoin, all altcoins price is related with bitcoin price, when bitcoin price go down the same time all altcoins price will go down wise versa also, most of the altcoins pair with bitcoin and bitcoin is the king of altcoin, bitcoin is the only cyrpto coin accept in online transaction with dollar,so crypto currency market is link with bitcoin price,the bitcoin is worlds first digital currency and only more peoples knows about bitcoin not about crypto currency.
chris paul
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July 28, 2018, 09:59:14 AM
 #227

As we all know and we do believe that Bitcoin is the king and the leading coin. So there is a perfect relation between Bitcoin and altcoins. The altcoins follow the Bitcoin where ever it goes, If it goes high the altcoins will go high, If it goes low the altcoins will go low.
r.bhalla07
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July 28, 2018, 10:03:45 AM
 #228

bitcoin down and altcoin down because half line is not true because the bitcoin is the only coin which rates are not down and dont going loss to the users but the workers have take patience and have trust in bitcoin and bitcoin rates are going very high after wait for some time.

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Geoll29
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July 28, 2018, 10:09:49 AM
 #229

It seems like bitcoin and altcoins are down for quite some time now. This really makes investors to think twice if they will still support cryptocurrencies. I think there is still hope and what we're experiencing right now can be compared to recession which is only temporary.

kliown
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July 28, 2018, 10:46:58 AM
 #230

Altcoins are influenced by Bitcoin, as Bitcoin is the leader in capitalization in the cryptocurrency market. That is why wherever bitcoin goes, after a while it is followed by altcoins, and it does not matter up or down.
kayvie
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July 28, 2018, 11:28:10 AM
 #231

Is there any relationship between the two?
Whh must the fall of bitcoin after other altcoins?
yes I think both bitcoin and other altcoins are quite related. because everytime when the price of bitcoin is down, the price of altcoins are also down.
Endikadija
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July 28, 2018, 11:42:23 AM
 #232

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.
Altcoin use the bitcoin price to get the price for its altcoin. bitcoin is dominating everything in the cryptocurrency because it has been used by so many altcoins to determine the real price of altcoin.
But if bitcoin gets down and altcoin will get a lot of impact in the bitcoin pair.
Bitcoincole
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July 28, 2018, 11:50:16 AM
 #233

I guess this is just part of the volatility of cryptocurrency though altcoin price is also dependent on the current price of bitcoin the market. When it goes up again, altcoin will surely increase,too.
Biet12
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July 28, 2018, 11:53:20 AM
 #234

it's all nothing to do between the two, because the price goes down it depends on the people who invest and support each ad as well .

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5stringer
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July 28, 2018, 12:01:34 PM
 #235

I have been in the crypto for a brief period and I have been seeing that once the Bitcoin is High a similar thing runs with the greater part of the alts and same thing when Bitcoin is down. I think this on the grounds that to that Bitcoin is pioner of all coins existed in the market and alts designed the market stream to bitcoin.
ObroQ
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July 28, 2018, 12:58:50 PM
 #236

I think there is a dependency between bitcoin and altcoins. if one of the is affected by the price change, the other one will be affected to but not to the same degree.
luungocthuyhv
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July 28, 2018, 01:01:28 PM
 #237

Yes, the BTC and alcoin relationships are always intimate. As more than 40% of the capital market belongs to the MOF, any increase or decrease of the MOF also affects the whole market. In addition, the trading floors are now accepted through BTC / Alcoin trading pairs
Podda (SL)
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July 28, 2018, 01:04:02 PM
 #238

Yeah because these between have a great relationship. Bitcoin is a major cryptocurrency in the crypto market. All altcoin is based on the bitcoin. So Bitcoin is really important to other all altcoins. We can see a great example for that one because the current BTC price is around 7000 - 8000$ and altcoin are in low prices. The main reason is the BTC price goes down.
gayan7788
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July 28, 2018, 01:09:56 PM
 #239

now is BTC going bull, alt is down I hope next week alt is moon, btc is not stable market,  wait all
Leanna44
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July 28, 2018, 01:15:33 PM
 #240

Bitcoin is the leader of all coins the market becomes green it seems that it is in good pricing, but if it is goes down then the altcoin is followed, if it is not dropping down together with bitcoin it gets affected because bitcoin is parameter of all coins.
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