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Author Topic: Which Altcoins are not affected by Bitcoin?  (Read 144 times)
elosi
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August 22, 2018, 03:39:29 AM
 #41

It is most times seen that whenever there is a drop in price of bitcoin, there is likewise. a drop in price of Alts as well. Which Alt is not usually affected?

yeah you are right, that's exactly what happens and it shows the over dependency other altcoin has on bitcoin and it shows bitcoin is the most recognized and adopted currency currency
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echodike
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August 22, 2018, 03:52:43 AM
 #42

It is most times seen that whenever there is a drop in price of bitcoin, there is likewise. a drop in price of Alts as well. Which Alt is not usually affected?

Bitcoin almost control the whole crypto market, so when it is down, all the coins are down too because they have bitcoin pairs attached to them, things like this will stop happening when we have more of exchanges like bancor where you convert tokens from one to another.
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August 22, 2018, 03:57:39 AM
 #43

It is most times seen that whenever there is a drop in price of bitcoin, there is likewise. a drop in price of Alts as well. Which Alt is not usually affected?

I think when bitcoin price drop, most altcoin following because most crypto in market depending on bitcoin price. Bitcoin is main pairs in many currency and most pair in market using bitcoin

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August 22, 2018, 04:06:47 AM
 #44

There is no direct dependence, but traders of altcoins also react to the bitcoin course. Now the market is relatively stable and there are no special leaps, but some altcoins can show growth, reacting to the positive news of their projects.
The_prodigy
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August 22, 2018, 04:11:07 AM
 #45

There is no direct dependence, but traders of altcoins also react to the bitcoin course. Now the market is relatively stable and there are no special leaps, but some altcoins can show growth, reacting to the positive news of their projects.
We are in the sttement that the botcoin is the main foundation of the cryptocurrency so that it ffects ll alternative coins when some changes happen in the bitcoin. I don't have any clue thay hat lternative coins does not rely in the bitcoin because this is what i know tht the bitcoin is the leader of all digital currency
kiemnhieutien
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August 22, 2018, 04:14:02 AM
 #46

There is no coin like that. All altcoins price depend on Bitcoin price, altcoins price is up and down following Bitcoin price and most of us like the trading pair altcoins-BTC but not USD.
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August 22, 2018, 04:16:10 AM
 #47

All altcoin will be affected by Bitcoin. Bitcoin is the leader of all cryptocurrencies. Bitcoin is the core. No altcoin can leave Bitcoin to develop on its own. The existence of Bitcoin is very meaningful and valuable. Altcoin is forever. Will follow the development of Bitcoin
shanem
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August 22, 2018, 04:18:00 AM
 #48

The only coin that is not affected by Bitcoin is Tether (USDT) as its value is pegged to a dollar. There is one coin that impressed me during this altcoin bloodbath is Monero (XMR). I am surprised Monero managed to hold much of its value even when almost all altcoins are crashing.

     

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Natusik
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August 22, 2018, 07:42:33 AM
 #49

I know one altcoin that is not affected by the cost of bitcoin - it's Bitbon, the Erc20 standard token, the value of which is provided by the assets of the company Simcord. If you are interested, read more about this project - https://www.simcord.com/en/about-us/
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