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Lpim01
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November 13, 2018, 11:47:57 PM |
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Bitcoin still on the lead among altcoins and its prices currently depending on BTC price on the market. Crypto is still alive just because of bitcoin and thus, altcoins will still be dependent on BTC and there is no way that it could go separately unless market regularization will imposed.
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skylar
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Activity: 434
Merit: 104
Esport Ecosystem
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November 14, 2018, 01:55:06 AM |
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I'm still find there is no reason altcoin will be independent & not follow btc price. even alts directly paired into fiat money, stable coin the price will be dependent into btc. Like this or not but the almost all coin are always paired into BTC & it has larger volume than another pair, thats why it will be dependent into BTC price.
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Allura74
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November 14, 2018, 02:42:40 AM |
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I'm still find there is no reason altcoin will be independent & not follow btc price. even alts directly paired into fiat money, stable coin the price will be dependent into btc. Like this or not but the almost all coin are always paired into BTC & it has larger volume than another pair, thats why it will be dependent into BTC price.
As what I've understood that every ICO has its own purpose for its coin, since they have there on platform that aiming people that they will use and by using its dedicated coin and because its all under in crypto currency then still depend on the price of the king of all coin, the bitcoin. |
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Sephire
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November 14, 2018, 02:51:27 AM |
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Bitcoin is the most well-known crypto coin and the leader of crypto market so it is natural for the altcoins to follow bitcoin both up and down.
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DonFacundo
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November 14, 2018, 03:34:34 AM |
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there are some altcoins that can not follow the uptrend of bitcoin, It depends to the people they can run up the prices of altcoins not the altcoins because they think if bitcoin is increase then altcoins as well, so they will buy more.
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Sendi blackspade team
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November 14, 2018, 03:50:14 AM |
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Bitcoin is the most well-known crypto coin and the leader of crypto market so it is natural for the altcoins to follow bitcoin both up and down.
I don't think it's because of the famous bitcoin altcoin following the movement of bitcoin. I think of all because of the ability of bitcoin which can be like moving the crypto market, which has an impact on altcoins so it's like following the movement of bitcoin. |
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hanlap
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November 14, 2018, 05:09:25 AM |
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I do not think Altcoins price is entirely dependent on Bitcoin price. There are Altcoins that can decrease are lower than BTC when the market is down but opposites is right. When the market increase, Altcoins will high profit much better than BTC.
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jaocoincrypto18
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November 14, 2018, 05:25:33 AM |
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As we notice that almost all the altcoins follow the price of bitcoin . I'm just wondering when they will become independent and don't follow the bitcoin price?
This is possible thru price manipulation like the big whales should unite to dump Bitcoin and pump a certain Altcoin using their huge resources at their disposal but if we will just rely on the real demand of Altcoins then it is very impossible to happen as Bitcoin already build a deep relation of trust among the people as the most promising crypto investments. |
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Bonsaiav
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November 14, 2018, 07:05:06 AM |
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As we notice that almost all the altcoins follow the price of bitcoin . I'm just wondering when they will become independent and don't follow the bitcoin price?
As far as I know the altcoin price movement is actually, not based on bitcoin price movements but the actual rise and fall of altcoin prices only triggered by active user behavior. When the upward trend in bitcoin prices occurs, usually altcoin users who have little funds, take advantage of that moment to buy altcoins in the hope that the coins they buy will be pushed up in value by the atmosphere of rising bitcoin prices. |
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Anish02
Member
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Activity: 588
Merit: 10
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November 14, 2018, 06:31:43 PM |
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I don't know when altcoins will stop to following to bitcoin price. Because Bitcoin has a great influence on altcoins. And everyone can see it hoe does the market become red when bitcoin becomes red.
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icegeekfresh
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November 14, 2018, 07:20:39 PM |
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I'm wondering this like you my friend, why altcoins are still following bitcoin so much, they must not affect more like this from every moves of bitcoin. Market can be more stable and should be separated from the price of bitcoin.
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bohr
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November 14, 2018, 10:35:10 PM |
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As we notice that almost all the altcoins follow the price of bitcoin . I'm just wondering when they will become independent and don't follow the bitcoin price?
When they stop copying the code of bitcoin and they stop copy everything that bitcoin does, that is when altcoins will begin to move independently of bitcoin and since most coins are just cheap copies of bitcoin then for the foreseeable future you are going to see those coins moving in the same direction, only the coins that have any kind of originality move independently from time to time from bitcoin. |
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Yamifoud
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November 14, 2018, 11:05:00 PM |
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I'm wondering this like you my friend, why altcoins are still following bitcoin so much, they must not affect more like this from every moves of bitcoin. Market can be more stable and should be separated from the price of bitcoin.
I've never think that altcoins still depending on bitcoin but it could be basing on Ethereum price. There is a huge falls of altcoins as Ethereum have it though, but if Ethereum goes up, everything will goes up also unless it is a dead coin. |
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legenduim
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November 15, 2018, 01:30:22 PM |
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never.
bitcoin always regulate prices of altcoins.
and i think this must be like that. there must be a regulator.
I guess that Bitcoin will stay the market leader, and the altcoins will follow it. Probably, it will last for many years. Actually, I do not see anything bad in it, and that is OK for me. |
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Igor.J
Full Member
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Activity: 350
Merit: 100
MenaPay - Crypto made easier than cash
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November 15, 2018, 02:05:19 PM |
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As we notice that almost all the altcoins follow the price of bitcoin . I'm just wondering when they will become independent and don't follow the bitcoin price?
The independence of altcoins from bitcoin is only a dream. I think at the moment it's all so closely related that it will take years to remove the dependence. |
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CodyAlfaridzi
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November 15, 2018, 02:27:04 PM |
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As we notice that almost all the altcoins follow the price of bitcoin . I'm just wondering when they will become independent and don't follow the bitcoin price?
Probably never. I always think that these altcoins are just speculation tool. Unlike Bitcoin, they're not a real asset per se. So they will keep following major coin price, mostly Bitcoin. When they stop copying the code of bitcoin and they stop copy everything that bitcoin does, that is when altcoins will begin to move independently of bitcoin and since most coins are just cheap copies of bitcoin then for the foreseeable future you are going to see those coins moving in the same direction, only the coins that have any kind of originality move independently from time to time from bitcoin.
Good answer, I agree. Most altcoins are just "selling" idea or concept that doesn't really has a real-world use. |
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bibb76
Newbie
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Activity: 343
Merit: 0
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November 15, 2018, 02:35:30 PM |
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A gigabyte will soon become the most valuable cryptocurrency — without the Internet, there is no point in cryptocurrency, and the Internet is already slowing down
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hasna17
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November 15, 2018, 03:35:45 PM |
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I think Bitcoin will still be the best and Bitcoin will always be a magnet for all altcoins
Bitcoin affects global markets, whatever happens to Bitcoin will definitely affect the market as a whole.
And this cannot be denied, because Bitcoin has the largest market and is currently the most popular coin, and Bitcoin will still be the best.
But if there are altcoins who want to be independent of course they must be able to defeat BTC and I think that is very difficult.
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creeps
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November 15, 2018, 03:56:41 PM |
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Bitcoin is the most well-known crypto coin and the leader of crypto market so it is natural for the altcoins to follow bitcoin both up and down.
Also investors/traders are still considering the price of bitcoin before they invest in altcoins. I think it cannot be stopped because bitcoin rules the market, and bitcoin is too big not to depend on. Altcoins will still have its own good side, it may not seen true its price but if you see its technology for sure you will love to invest. A gigabyte will soon become the most valuable cryptocurrency — without the Internet, there is no point in cryptocurrency, and the Internet is already slowing down
Many coins are being considered as the next bitcoin, but I think it will not going to happen in the next 10years or never. In some places Internet connection are very solid, and everyone need this thing so for sure it will continue to improve over time. |
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culuuton
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November 15, 2018, 04:04:39 PM |
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As we notice that almost all the altcoins follow the price of bitcoin . I'm just wondering when they will become independent and don't follow the bitcoin price?
I think this is very difficult for the Altcoins. Unless there is a strong enough Altcoins to beat Bitcoin and lead the coinmarketcap table. Probably not likely this will happen and the Altcoins will depend on Bitcoin. |
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