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Author Topic: Bitcoin as the heart of all coins  (Read 1661 times)
vrabac68
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November 06, 2018, 11:53:42 PM
 #121

Yes bitcoin is going to be always the number one and especially when ETFs becomes approved bur SEC. Everybody says that we all need to have 50% of portfolio in BTC and keep it but for me I see bigger gains in alts in the future
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November 06, 2018, 11:56:50 PM
 #122

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 is true. Because bitcoin is the biggest currency in that market. and all market situation depends on bitcoin's price. We can look to bitcoins price movements and we can predict about market in bull period or bear period now. I trust btc and btc's future vision but next years i think situation will be more different than now. I think somecoins start to move freely. They will not move according to bitcoins price i hope. Only other coins need bigger marketcap like btc.

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November 07, 2018, 12:28:56 AM
 #123

Bitcoin will always become the main pair in crypto just like dollar which has used by the whole of fiat currency to determine the real price for each fiat currency. Bitcoin can be considered as the new form of gold too that gives you a lot of guarantee because it's widely adopted by a lot of people. Bitcoin is main reason why crypto there.
That's right!

If its comparison with dollar then bitcoin is the dollar of the world. Most of the currencies all over the world are depending their economy with the status of dollar. And that's why bitcoin worthy of its title because its the starter and that created the buzz in the cryptoworld.

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November 07, 2018, 12:40:35 AM
 #124

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.

Do not generalize the activity of coins out of the cryptocurrency industy. While bitcoin's price is falling, there are some altcoin's prices increasing, it is not always a directly proportional relationship between bitcoin and some altcoins.

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November 07, 2018, 01:04:23 AM
 #125

yes of course it looks almost all the movements of Altcoin follow the Bitcoin price especially for the Fiat to Altcoin pair
this instrument is very interesting but there comes a time when the price of Bitcoin falls there are some Altcoin that go up (not affected)
It means that altcoin is not always following the changes in bitcoin prices? because some altcoins actually experience price increases when the price of bitcoin falls, the point is that bitcoin has an influence on the altcoin market, but the effect is different, because each altcoin has different market developments
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November 07, 2018, 02:50:24 AM
 #126

bitcoin is a source of the adoption system for many another altcoin. so it certainly would be a reasonable case that the up and down of the bitcoin simply affect the other altcoin. as a leader in crypto then bitcoin will as a determinant of market direction and may even be seen to this time where bitcoin fall also affects many of the coins also falls quite deep.
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November 07, 2018, 03:29:35 AM
 #127

That is the influence of being the pioneer of all cryptocurrency. What kind of move applied to Bitcoin will makes the the altcoin to take the lead.
Making it always following its step when the price goes up or down.


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November 07, 2018, 03:36:05 AM
 #128

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.

Do not generalize the activity of coins out of the cryptocurrency industy. While bitcoin's price is falling, there are some altcoin's prices increasing, it is not always a directly proportional relationship between bitcoin and some altcoins.
Only a few altcoins are increased when the bitcoin price decreases and sure the altcoin is rubbish, it does not over depend on the price of the BTC because it has a small volume. Take a look at the top altcoin, its price is always proportional to the price of the BTC


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November 07, 2018, 03:52:02 AM
 #129

yes of course it looks almost all the movements of Altcoin follow the Bitcoin price especially for the Fiat to Altcoin pair
this instrument is very interesting but there comes a time when the price of Bitcoin falls there are some Altcoin that go up (not affected)
It means that altcoin is not always following the changes in bitcoin prices? because some altcoins actually experience price increases when the price of bitcoin falls, the point is that bitcoin has an influence on the altcoin market, but the effect is different, because each altcoin has different market developments
And that's true, in the cryptocurrency market not all altcoin prices were influenced by the price of bitcoin. We can see yesterday when the price of bitcoin cash rose to 15% (based on coinmarketcap) but at that time the price of bitcoin decreased around 1%. And now the price of Ripple is up almost 12% (base on coinmarketcap) but the price of bitcoin only increased 1.67%. This indicates that each altcoin has increased and decreased does not depend on the price of bitcoin, but at if bitcoin and altcoin price decreased it depends on the information that came to cryptocurrency.

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November 07, 2018, 04:54:24 AM
 #130

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.
This would not be the case if most of the coins in the market were not direct copies of bitcoin, the developers of those coins just change a thing here and there and then they claim they created something even greater when they know that is not the case.
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November 07, 2018, 05:00:47 AM
 #131

Since everything is tied to BTC in almost all centralized exchanges. It's only natural that it will follow BTC's price movement.
BTC is still the granddaddy that started the crypto market.

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November 07, 2018, 05:07:14 AM
 #132

Yes, it could be that bitcoin is at the heart of all coins, if bitcoin goes up or down, of course all coins will follow it, you can say bitcoin is also the parent of all coins
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November 07, 2018, 11:54:00 AM
 #133

Bitcoin is the leader of the market and the most trusted and valued coin. People are trusting in Bitcoin and thats why every altcoins depends on BTC. But the price of Bitcoin was the most stable one if you compare it with Ethereum or Bitcoin Cash.
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November 07, 2018, 09:17:22 PM
 #134

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 that most coins depend on BTC growth, but there are exceptions. For example, part of the projects that entered the market since the beginning of autumn had no effect.

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November 07, 2018, 09:30:54 PM
 #135

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 that most coins depend on BTC growth, but there are exceptions. For example, part of the projects that entered the market since the beginning of autumn had no effect.
Yes, we belong to involve in bitcoin because market continue to explode and it was more profitable here that's why we're kind of heart of all coins. You"re right, all coins are just depended in market of bitcoin so I believe bitcoin is one of the best coin here.

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November 08, 2018, 10:49:41 PM
 #136

Yes that is true and that is because of bitcoin is the biggest currency in crypto world. You know bitcoin's dominance now 45 55 percentage range. and that is huge. Because of that it is normal . Bitcoin show the general market situation easily. We can see that. If bitcoin will start pumping other coins will start also. By the way you know pumping bitcoin is hard. Whales need huge money to pump bitcoin. and we can understand from here if they are pumping bitcoin it means money entering to crypto.

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November 08, 2018, 10:59:06 PM
 #137

I agree that bitcoin is a leader in the cryptocurrency market and has a huge impact on altcoins
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November 08, 2018, 11:01:56 PM
 #138

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 right, the market is still not showing the green light for the price of bitcoin and the price is still the same
I always hope the price of bitcoin will stabilize quickly and soar again.

GmBoom
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November 09, 2018, 06:26:41 AM
 #139

That is right. We say that the bitcoin is the heart because all of the prices of the coins and tokens are referring to the price of the bitcoin. So when the value of the bitcoin goes low, so as the other cryptocurrencies. So we expect something wrong if the price of bitcoin goes low.

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November 09, 2018, 06:36:22 AM
 #140

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.
This is so far, but it would be better to have complete independence, then only the most stable and profitable remained among the alts. Others would not have survived simply. And competition with bitcoin would be tougher.
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