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Author Topic: Bitcoin as the heart of all coins  (Read 1633 times)
mornabo
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November 16, 2018, 01:20:27 AM
 #201

You have to look at Bitcoin like a highway - BTC is presented in every exchange and it enables selling almost any coin on the market. We need Bitcoin for basically for the sole existence of the crypto market as we know it.
Bitcoin is like a role model for others, enable selling in every available crypto exchange, the influence is very big for the crypto market, and the marketcaps are very dominant over 50% of the entire crypto market, so bitcoin is the heart of all coins, without heart (bitcoin) of course all crypto will die
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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November 16, 2018, 01:29:34 AM
 #202

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 was the head of cryptocurrency,the number one and the strongest of all  that it why altcoins exist.Though altcoins have different purposes but all have the same concepts.Initial Coin Offerings or ICO has bitcoins concepts a project created also from the blockchain technology.
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November 16, 2018, 01:43:19 AM
 #203

I agree with what you say btc is the first time a coin appears in the crypto world and after that a lot of altcoins appear. Then a lot of altcoins lean on btc so now the btc ups and downs have a big impact on the altcoin ..

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November 16, 2018, 02:12:40 AM
 #204

I think we can considered bitcoin as the heart of all coins in crypto not only altcoin but also with the other coin. We can all say it base on what we saw on the market, if the price down the coins that is on crypto market will also fall there will maybe a connection on it. Maybe if bitcoin will lost its value all crypto will also lost its value because I believe that bitcoin is the holder of the crwon.
 or maybe the great coin on crypto.
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November 16, 2018, 02:41:28 AM
 #205

I think we can considered bitcoin as the heart of all coins in crypto not only altcoin but also with the other coin. We can all say it base on what we saw on the market, if the price down the coins that is on crypto market will also fall there will maybe a connection on it. Maybe if bitcoin will lost its value all crypto will also lost its value because I believe that bitcoin is the holder of the crwon.
 or maybe the great coin on crypto.
there is no doubt about that. Almost all new coin & even exchanges are started on the market by pairing with BTC, and again almost all ICO will use BTC for accepting payment. thats why BTC will be like king of crypto because the usage of it.
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November 16, 2018, 02:51:53 AM
 #206

Bitcoin gets the nickname as king of crypto, if inside humans, maybe bitcoin can be called the heart. Bitcoin has an important role in crypto. The increase or decrease in the value of bitcoin will have an impact on other coins in crypto. For now, the coin is waiting for the pump given from bitcoin, where bitcoin will pump itself to flow throughout the crypto-coin members to increase value. Then, the size of the increase in each coin is in the ability of each coin.

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November 16, 2018, 02:58:17 AM
 #207

we should always be thankful that bitcoin is still the foundation of market price. if not, the market will be chaotic in terms of volatility. Once ETF accepts Bitcoin as currency, humanity will be thankful for its existence.
unfortunately now bitcoin cannot be used by everyone as a currency. most of them only use it as an investment asset that they keep for a long time. indeed bitcoin looks like the heart of all coins, it looks if bitcoin moves will definitely lead to market movements that make other coins move.
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November 16, 2018, 03:00:09 AM
 #208

Something right in this words.
All look to the bitcoin movements. When their price drops panic on whole market.

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November 16, 2018, 03:02:29 AM
 #209

Bitcoin gets the nickname as king of crypto, if inside humans, maybe bitcoin can be called the heart. Bitcoin has an important role in crypto. The increase or decrease in the value of bitcoin will have an impact on other coins in crypto. For now, the coin is waiting for the pump given from bitcoin, where bitcoin will pump itself to flow throughout the crypto-coin members to increase value. Then, the size of the increase in each coin is in the ability of each coin.
Bitcoin controls the market because only a slight price increase will altcoin recover at least 20% in one day. Everyone expects Bitcoin prices to increase as it is fundamental for people to appreciate that the market is really recovering. I believe Bitcoin price is temporary and we will see a new price for the next five years






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November 16, 2018, 03:04:12 AM
 #210

I think that is true if bitcoin is the heart of all crypto coins, it can be said that bitcoin is the mother of all coins, if bitcoin goes up or down it will be followed by other coins, now bitcoin goes down and the other coins too experiencing the same thing
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November 16, 2018, 03:06:49 AM
 #211

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.
more or less like that, because the trend of good or bad news about crypto will definitely have an impact on the rise and fall of bitcoin as a parent coin.And other coins will follow.
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November 16, 2018, 03:12:32 AM
 #212

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.
What you were saying is mostly true, every coins is following the footstep of bitcoin.
But there is a bad news about it, sometimes the price of the altcoin aren't following the price of bitcoin when it rise. sometimes the price of altcoin isn't following to rise.

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November 16, 2018, 04:48:31 AM
 #213

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.

It wasnt the bitcoin,but the blockchain i guess is the issue here.and its the heart of everything

But you are right about when the bitcoin value drops same happen to most of the altcoins here in this market

And i believe it is because bitcoin is the highest capitalized crypto and the majority of traders in this crypto market
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November 16, 2018, 07:49:09 AM
 #214

Probably most of the current altcoins were made inspired by successful of bitcoin but as the first cryptocurrency i think bitcoin will be first option for the people and if someone say bitcoin as the heart of cryptocurrency then i would like to agree with their statement because if bitcoin can survive then most of altcoins also will survive too and also if bitcoin die someday then there is no more altcoins

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November 16, 2018, 08:43:51 AM
 #215

Bitcoin is still the coin with the biggest network effect and brand and most people enter or exit the market through it.
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November 18, 2018, 05:33:09 PM
 #216

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 the reality, bitcoin is the coin that drives all of the other coins in the market, there is no doubt that when it comes to the best kind of coin to invest in that bitcoin is the best option. It is the first coin and all of the coins have their trading pairs with the coin so that anything that happens to bitcoin is what happens to all of the coins in the market

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November 18, 2018, 05:39:20 PM
 #217

Bitcoin is more than half of the entire capitalization of the cryptocurrency market, and it is, as it were, the number one cryptocurrency, and all other coins are its alternatives
it is logical that it has the most direct effect on all coins, on rate fluctuations

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November 18, 2018, 05:57:44 PM
 #218

True, evidenced by the resent sudden price fall that affected the most altcoins.
As the first one and most capitalized one it`s clear why the situation is like this. I highly doubt that it`ll ever change and Bitcoin will have a real competitor.
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November 18, 2018, 06:01:46 PM
 #219

Yes, all Altcoins are very dependent on Bitcoin. But Bitcoin itself cannot exist without other altcoins. Many investors enter the cryptocurrency market when they buy Bitcoin. To buy some kind of altcoin, first you need to buy bitcoin. This also greatly affects the price of Bitcoin.

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November 18, 2018, 06:08:58 PM
 #220

You called the obvious things. Bitcoin is the main cryptocurrency and the fact that it affects the price of other coins is a normal situation. Usually, Bitcoin first starts to grow and just the first starts to fall.

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