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Author Topic: Bitcoin down Altcoin down  (Read 4364 times)
ekoyulio20
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August 15, 2018, 02:08:37 PM
 #361

yes maybe I think bitcoin itself is the frontrunner of crytocurency, and maybe when bitcoin has decreased the price of other altcoins will probably decrease and if the coin goes up in price it might also have a lot of influence for altcoins, and this is just my opinion.
molla_corda
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August 15, 2018, 02:27:38 PM
 #362

The link there is, but more psychological. Many popular alternative currencies are initially better than Bitcoin, but their decline following the main currency is often caused by panic.

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yuzefa
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August 15, 2018, 02:30:02 PM
 #363

BTC price will always be related to altcoins, because we trade them for BTC. But when BTC will start the next bullrun, I expect altcoins to get back some dominance on the market. Actually BTC is a "safer investment" that's why it took some dominance over others.
oludare1
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August 15, 2018, 02:33:02 PM
 #364

Yes it is true. The current market situation is not promising but there is hope that everything will better. Bitcoin is down definitely altcoins will be down as well because it is bitcoin that controls the price. Anything happened to bitcoin be it positive or negative will have effect on altcoins.
Bitcoin1216
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August 15, 2018, 02:38:10 PM
 #365

Bitcoin is the parent of all cryptocurrencies, so it can be said that the price of altcoins depends on bitcoin, when the price of bitcoin down, it is certain that the price of altcoins is also down and vice versa.

arditiyan
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August 15, 2018, 02:39:45 PM
 #366

it seems that the formula cannot be avoided, the only one that has the opportunity to rise is when the price of bitcoin is stable

CryptomartN
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August 15, 2018, 02:41:12 PM
 #367

Bitcoin controls the market. The performance of the alts partially depends on Bitcoin performance.
cleverhope
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August 15, 2018, 02:46:03 PM
 #368

Altcoins fall everytime. I dont think that to buy altcoins is good decision. Maybe only in 2019 we will see new bull run, but untill that time i prefer to be in fiat and BTC (and all my alts that i am holding for a lot of times).
Crypto market is very manipulated and this bear market at alcoins - is just a part of big game.
sammy21
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August 15, 2018, 02:48:27 PM
 #369

I think the fact on the market like it. now all altcoin down because the market is flagging even every day there's always a decline that occurred. We all hope these conditions will end soon and the market returns to normal.

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deean_3one
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August 15, 2018, 02:49:43 PM
 #370

As far as I know bitcoin is a coin at the top of crypto. The price of bitcoin is used as a guideline for altcoins. If the price of bitcoin rises, the altcoin will leave, but if bitcoin falls, the price of the altcoin will fall very deep.

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HansakaMadushan
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August 15, 2018, 03:00:22 PM
 #371

Bitcoin is a noteworthy digital currency in the crypto showcase. All altcoin depends on the bitcoin. So Bitcoin is extremely essential to other all altcoins. We can see an incredible case for that one on the grounds that the current BTC cost is around 7000 - 8000$ and altcoin are in low costs. The primary reason is the BTC cost goes down.
Dim4ik
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August 15, 2018, 03:27:02 PM
 #372

The most common scheme extruding investors with altcoins. When the cue ball falls, then fall all the Altos, but now also with the growth of cue the violas are down again. So it is not clear what to do in this situation
DumbLefty
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August 15, 2018, 03:36:52 PM
 #373

Now most likely the only relevant one. Now all falls. I hope that this process will end soon. But I'm losing hope.

artemdubina88
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August 15, 2018, 03:41:02 PM
 #374

As I can see bitcoin to the floor needs to stay and then followed growing up ! I just fear the situation with USDT they again issued his coins and bought !
MiChaeng
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August 15, 2018, 03:53:18 PM
 #375

Is there any relationship between the two?
Whh must the fall of bitcoin after other altcoins?
Of course there is a connection between bitcoin and the rise in altcoin prices on the market. bitcoin is the king of all atlcoin and is a role model for all altcoins to grow.
anytime because crypto currencies are volatile where prices will change significantly from time to time without us knowing. if bitcoin is according to some other altcoins it will follow and vice versa.
yomikiyao
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August 16, 2018, 02:56:49 AM
 #376

You can see that the market value of bitcoin has returned to half of the market. This shows that the value of other coins has been greatly reduced. People began to buy bitcoins again to avoid some risks.
Janienregado1992
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August 16, 2018, 02:59:28 AM
 #377

yeah i see it in the trade market !! bitcoin goes down and altcoins too goes down and down!! i think bitcoin have low demand in trade market !! but lets wait for the bitcoin fever in this next month!!
Arata
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August 16, 2018, 03:07:29 AM
 #378

I think it has something to do with Bitcoint lowering Altcoint, if the bitcoint price drops then all altcoints will also go down and vice versa, now bitcoint drops all altcoints down, fluctuating naturally in cryptocurrency
REYVAN
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August 16, 2018, 03:08:17 AM
 #379

that is because, it is interrelated but when btc stable alt starts rising and I think now is the right time to buy and save for long trem maybe 2 year.
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August 16, 2018, 03:13:14 AM
 #380

initially they both form a pattern that is aligned. When the bitcoin has decreased, then the altcoin ride. So did the opposite. However, lately the two are thus mutually down simultaneously. and I think this means the market began to collapse.

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