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Author Topic: When bitcoin prices rise up the market also will  (Read 3307 times)
mafia15
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November 12, 2018, 04:18:12 AM
 #441

this is a normal changes in market bitcoin affects all alts.. since major pairs are in bitcoin most of the exchangers.
When bitcoin rise alts decrease but they will recover soon just have patience..
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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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MAJICOIN
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November 12, 2018, 08:22:48 AM
 #442

Behind every two things can happen first one is that it is a speculative purpose and the big whales have created this bubble for short time while the other is a normal growth and that comes with demand so when some new projects accepted bitcoin  for transactions and use bitcoin at present value if rise then that will be your goodness.

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shulc7
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November 13, 2018, 05:50:06 AM
 #443

it is true because it is very often that bitcoin has experienced a price increase, the market will also follow up, because bitcoin has become a benchmark price for coins below and for the market too

Bitcoin will remain the market leader for many years if not forever. I am sure that it will become even more popular than now. And the other cryptocurrencies will always follow it.
awik p
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November 13, 2018, 07:16:20 AM
 #444

it is true because it is very often that bitcoin has experienced a price increase, the market will also follow up, because bitcoin has become a benchmark price for coins below and for the market too

Bitcoin will remain the market leader for many years if not forever. I am sure that it will become even more popular than now. And the other cryptocurrencies will always follow it.
all coins require bitcoin, but not with bitcoin. so that bitcoin can affect other coins when the price goes up or down. therefore many say that btc is the safest coin, because market movements are preceded by btc

UchihaRukawa
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November 13, 2018, 08:50:11 AM
 #445

I think, this may be because bitcoin is the most popular cryptocurrency in the market, once it increase its value it means people outside the cryptoworld is actually getting the idea of what crypto currencies are, and when that happens, they tend to buy crypto currency, and that leads to a positive market.

demonz666
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November 13, 2018, 10:13:09 AM
 #446

yes I think you're right the increase and decrease in the crypto market is compared to bitcoin. bitcoin is the main currency in cryptocurrency. the increase and decrease in value will have an impact on the crypto market. this happened because bitcoin was the first in the most popular cryptocurrency and had the largest trading volume. so altcoin price movements also follow bitcoin. bitcoins are like USD dollars in fiat money.

Triwiyono
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November 13, 2018, 03:14:11 PM
 #447

Bitcoin prices rise and the market also rises, because many altcoins also use the bitcoin platform, bitcoin can be said to be the parent of cryptocurrency, like the dollar that leads the currency. so if the price of bitcoin rises, the market will also follow.

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