BossMacko
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August 13, 2018, 03:11:47 AM |
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It is because it is being used as the number one pair for other cryptos. That is why everything is bleeding once Bitcoin price drops which is normal. Anyways I believe that sooner or later a new coin will exist that will replace Bitcoin because we are in innovation age where technology will keep innovating.
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Shirin16
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August 13, 2018, 03:19:14 AM |
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As we all know it when bitcoin price goes down, most of the coins are heading down too. That's because bitcoin it is the Heart of all coins if its sound then all of the coins are good, if it's Bad then all of the coins are going down too. most of the time other coins are following the bitcoin price. just look up the market right now.
Yes, that's what happened now. but there are other factors that do affect the price drop of all. many of them sell panic, so dumpers are bigger than usual.
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jossiel
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August 13, 2018, 03:26:50 AM |
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Heart, center, king, mind, brain, father, mother, any title that we call for bitcoin it remains as the most precious coin in the crypto market.
All of those altcoins are depending to the strength of bitcoin and they are paired in different exchanges, there's inversely proportional connection of bitcoin to alt coins.
Though it has been unstable until now, positive outcomes are expected to come.
Why this topic is on Altcoin Discussion?
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HalseyBert
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August 13, 2018, 03:05:56 PM |
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As we all know it when bitcoin price goes down, most of the coins are heading down too. That's because bitcoin it is the Heart of all coins if its sound then all of the coins are good, if it's Bad then all of the coins are going down too. most of the time other coins are following the bitcoin price. just look up the market right now.
Bitcoin is the heart of all coins, yes. But there are some altcoins in the market now which are going more high that btc and due to their projects and performance, will lead the market. These are PRG, ICX and XRP.
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thinkpad99
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August 13, 2018, 03:10:19 PM |
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Bitcoin is like heart and like creator because all coins comes from him, so it is obvious that all prices following bitcoin price and changing like him
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HectorAlden
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August 13, 2018, 04:44:10 PM |
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As we all know it when bitcoin price goes down, most of the coins are heading down too. That's because bitcoin it is the Heart of all coins if its sound then all of the coins are good, if it's Bad then all of the coins are going down too. most of the time other coins are following the bitcoin price. just look up the market right now.
There are coins which are performing really great this year, including Lamden, Ripple and Power house. These coins are really amazing. Yes, bitcoin is the heart of all coins but there are no less.
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sunshinelavapie
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August 13, 2018, 04:56:00 PM |
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You're right . Crypto market is unstable due to the shift of BTC. BTC decrease then all will decrease accordingly. Although ETH and BTC have different platforms and applications, ETH is still affected by the BTC
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GsxR150
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August 14, 2018, 01:27:30 AM |
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As we all know it when bitcoin price goes down, most of the coins are heading down too. That's because bitcoin it is the Heart of all coins if its sound then all of the coins are good, if it's Bad then all of the coins are going down too. most of the time other coins are following the bitcoin price. just look up the market right now.
I agree, but also keep in mind that the other main factor that makes it like this, it is when a panicked person usually sells coins at a desperate price that causes volume to fall, but when the bullish volume market grows well, the volume plays a big and important role in moving markets as well as prices.
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Grim149x
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August 14, 2018, 01:32:28 AM |
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Yes, it's like the representative of all the crypto currency out there. It's just like having a representative in real life that must be showing a good image for people to like.
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norcia
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August 14, 2018, 01:36:02 AM |
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As we all know it when bitcoin price goes down, most of the coins are heading down too. That's because bitcoin it is the Heart of all coins if its sound then all of the coins are good, if it's Bad then all of the coins are going down too. most of the time other coins are following the bitcoin price. just look up the market right now.
Yes, all altcoin values are stable if bitcoin prices are stable, if bitcoin is shaken, altcoin will definitely receive its impact, and sometimes worse, cause huge losses. I myself hope that all of these solutions will soon be found and the altcoin will have a promising market, not dependent on the price of bitcoin and able to stand on its own.
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chikucrypto
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August 14, 2018, 08:58:59 AM |
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Of course bitcoin is the heart of all coins because all crypto market is up if Bitcoin is up and if Bitcoin is down then market is down. Bitcoin proved itself and it's potential is great. So why it is the heart of all coins.
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sourish
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August 14, 2018, 09:06:35 AM |
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In most peoples minds, Bitcoin seems to be synonymous with crypto making the whole market sway accordingly.
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jazz1984
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August 14, 2018, 09:14:21 AM |
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Bitcoin is still the number one among the crypto-currencies, and it is in the lead in all spheres, both in applying and capitalization, that's why it is the heart of the altcoins.
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jokowo
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August 15, 2018, 03:06:34 AM |
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As we all know it when bitcoin price goes down, most of the coins are heading down too. That's because bitcoin it is the Heart of all coins if its sound then all of the coins are good, if it's Bad then all of the coins are going down too. most of the time other coins are following the bitcoin price. just look up the market right now.
I do not fully agree, it used to be that bitcoin was able to give a big influence on the altcoin, but today I don't think so. Many altcoins are currently able to stand alone and have their own prices. Ethereum, neo, eso etc. are examples of altcoins that have rapid development.
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Xi Jinpi
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August 15, 2018, 03:58:04 AM |
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It's true, every one knows this. Bitcoin dominates most of the crypto marketcap so it's expected. 53 % is too much
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RohitMalhotra123
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August 15, 2018, 04:58:06 AM |
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Yes, Bitcoin is the heart of all coins because it is the founder of this crypto world. All market depends on it and it is brand of rich peoples. Potential of Bitcoin is more powerful than others. So no doubt Bitcoin is a heart of all coins.
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KuyaBreezy
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ONe Social Network.
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August 15, 2018, 05:18:20 AM |
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Sometimes tat seems to be the case, as most of the times, when the BTC value slumps, most of the coin values goes down with it,. An indication that most of the coin value depends on the Bitcoin value thanks to the BItcoin dorminance in the cryptocurrency Market
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Morphing
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August 15, 2018, 05:19:42 AM |
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Yes, bitcoin manages all courses of other coins, as he is in fact the founder of all cryptomir. It has a very large potential, since it is a bargaining chip for crypto currency. It's definitely worth keeping in the briefcase.
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yakushev
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August 15, 2018, 05:31:16 AM |
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As we all know it when bitcoin price goes down, most of the coins are heading down too. That's because bitcoin it is the Heart of all coins if its sound then all of the coins are good, if it's Bad then all of the coins are going down too. most of the time other coins are following the bitcoin price. just look up the market right now.
Yes, this is so and the demand for bitcoin is sometimes just ruining a new perspective alt. I would like to change this, but so far we have to reconcile with this, as well as with speculative actions.
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grifinmch
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August 15, 2018, 05:41:21 AM |
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bitcoin is King of all the crypto. When this ride so much will follow the rises and vice versa. but this also not necessarily be applied to all crypto in any conditions. the banks obviously bitcoin is indeed a major part of crypto.
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