when altcoins stop following bitcoin price ?

[Matteo.b]

In my analysis the price of altcoins is depend upon the price of bitcoin. When the bitcoin price rises the altcoin price do rise also. Some of our community always check on the passively innovation of bitcoin, they are feel great if continuously rising the price of bitcoin.

[Rtalk]

Bitcoin is an indicator of the state of the entire cryptocurrency market. Of course, the main growth begins undoubtedly with bitcoin and then the rest of the altcoins begin to grow.

[Wale777]

There have been some altcoins that are growing in price and independent of bitcoin, some of this altcoins got pumped while bitcoin is still struggling to grow beyond 0.09%. Altcoins can only stop following bitcoin price when they have great idea that is sellable and roadmap that is feasible thereby creating a viable coin that can create a space for itself in the market

[jademaxsuy]

Probably it will not happen when altcoins will stop following bitcoin market price movement. Usually if an altcoin doesn't have a good utility for the project was not able to work out then probably the market cap for that coin also is low. And since the altcoins short term for alternative coins for bitcoin then definitely all of the altcoins are connected with bitcoin. So whatever market price movement for bitcoin the altcoins will probablly follow.

[rufusBTC]

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?

That is also very important question for me . Because alts generally following btc's price always. we need to independency for altcoins. Whales keep manipulating the market.

[Thyaga]

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?

None, all altcoins on average have Bitcoin and Ethereum pairs, it doesn't make sense if an altcoin doesn't follow the price of their parents.

[Diablesfunis]

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 there's more fiat pairing in the market then that kind of situation will happen, right now it's impossible to do because most of the trading pair is against btc so of course the movement of bitcoin will affect alts a lot. Fiat trading pair is very important because the price will be solely affected by the development and the performance of the project, if the project is really good then the price will go up without bitcoin hindering its movement.

[dusty_daniel]

Most assets always depend on a main one. So Altcoins always depend on Bitcoin price. But the question is that the algorithm of their behavior always changes. Today altcoins are falling while Bitcoin is growing. But tomorrow it will be the way around.

[ranggenga]

That thing will happened when people stop thinking that bitcoin is the mother for all cryptocurrecy, cause any altcoin should be able to be independence cause it was created as the alternative currency other than bitcoin itself.

[aencarnaci]

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?

That is known trend price of altcoins follows, i don't think altcoins can be independent from bitcoin we have to leave with that reality, it is most recognised it is indispensable.

They can be if we start seeing real life usage and less of speculative driven prices with FUDs and FOMOs. This is the reason why coins and tokens with solid projects will always in the long run tend to do great whichever way and at least based on the fact that there will be users who will find a need to use it for the value it creates, then the possibility of seeing things manifest appropriately is still there.

In that kind of scenario, I believe most of those alts in these categories will be tagged to USD, and then we will be able to see them standalone doing their own thing without being pressured by the bitcoin market as they end up having a market and support of their own.

[0t3p0t]

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?

Altcoins stops following Bitcoins price in just two reasons, one is if a specific Altcoin died or if Bitcoin crash which is far impossible for now. Bitcoin is widely used, accepted and adopted so I think that those are few factors affecting Altcoins dependency on the price of Bitcoin. It could also be a reason that a specific Altcoin earns a stronger support from the community compared to Bitcoin which is also impossible for now.

[JuliaJi]

as honest - I cant understand how price of the most altcoins depends from price of btc or eth, it strange, looks like manipulation

[poldanmig]

altcoin will still follow the price of bitcoin and including the system and also the increase and decrease of the price of bitcoin altcoin contribute greatly to bitcoin

[Neredex]

To make such a phenomenon happen, bitcoin should weaken, but now Its price and market capitalization is much higher than the line at which the influence of Bitcoin will become apparent.

[cacucacok91]

Usually, Altos stop following the cue ball when bitcoin is in a narrow corridor and the price practically does not change. Then the domination of altcoins begins to grow rapidly

[suride212]

In my analysis the price of altcoins is depend upon the price of bitcoin. When the bitcoin price rises the altcoin price do rise also. Some of our community always check on the passively innovation of bitcoin, they are feel great if continuously rising the price of bitcoin.

.
true because bitcoin can be referred to as an altcoin parent as it will always keep abreast of bitcoin prices and besides that we all know bitcoin is the first currency to carry out the market almost completely. if an independent altcoin will be difficult to develop because the project platform is controlled by bitcoin.

[DinaPalamarchuk]

I think that never. Because they will always depend on the leader from bitcoin. Bitcoin will always set the growth rate and the altcoins will be guided by it.

[Insert_]

I think bitcoin will take the lead for a long time and all altcoins will be based on its value, but it would be good for altcoins to become independent.

[dress]

Blockchain technology continues to be developed and gets important attention from everyone, we can see bitcoin will have great competitors in the future, with innovative and better ideas. Bitcoin has a small amount of supply, this makes bitcoin prices high, has many requests but only has a little inventory.

Investments is BTC decreased, but Bitcoin, as the very first cryptocurrency, will influence the development of the entire market for a long time. On the coinmarketcap, there are statistics that indicate that Bitcoin's dominance at the moment is 55%.

[Balab01]

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?

It will still take time I guess before altcoins could become independent with bitcoin and if that happens ethereum might get even with regards being dominant in crypto world since only few altcoins could exchange directly with fiat just like bitcoin, ethereum and few others.

I also think that Ethereum still has chances to outrun Bitcoin and gain the first place, but in this case one coin will change another. No matter which coin is the number 1, it will have the same dominance as BTC now has.