killerfrost
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March 27, 2023, 11:35:06 AM |
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Yes, Bitcoin altcoins have a deep relationship with each other. BTC is considered the first cryptocurrency, and as such it has become the standard for the entire crypto market. When the price of BTC rises, the price of altcoins usually goes up as well. Similarly, when the price of BTC falls, the price of altcoins also falls. However, altcoins are not entirely dependent on BTC. Altcoins can exist and have their own value without BTC. For example, Ethereum (ETH) is one of the most popular altcoins and has a large market cap, and it does not depend entirely on the price of BTC. However, there is still a strong relationship between BTC and altcoins, and the price of altcoins is often influenced by the price of BTC. But the problem is here as I see this market, the skeptics and supporters always appear at the same time and it creates a volatile price environment, so overall this market is still too small. and great opportunity for those who know early.
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Boomber
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March 29, 2023, 05:36:07 AM |
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It looks total crabs that without btc altcoin has no value streaming on its own. I observed several occasions when btc experience downtime, it affects the rest of the altcoin and when it pumps altcoin experience likewise. I classified bitcoin as 🚜 tractors that levels prices of altcoins. ETH is second world best crypto that occupied core ria marketcap in the crypto market but yet it cannot survive without btc.
That's mean alternatively, if btc falls flat altcoin will dies off. What their deep relationship? Why btc important to altcoin, what's the connection in between? Will altcoins really survive without btc?
In my opinion, altcoin will not survive if Bitcoin is destroyed, because Bitcoin is the king of cryptocurrency, so whatever happens in cryptocurrncy depends on Bitcoin, therefore if the price of Bitcoin increase, then the price of altcoin will also increase and if the price of Bitcoin decrease, then the price of Bitcoin will also decrease, because the main pioneer of cryptocurrency is Bitcoin.
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Reatim
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March 29, 2023, 06:43:27 AM |
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That's mean alternatively, if btc falls flat altcoin will dies off. What their deep relationship? Why btc important to altcoin, what's the connection in between? Will altcoins really survive without btc?
what do you mean by "Falls Flat"? bitcoin? then what would be the future of this market if bitcoin already showed that low? sad that you are still having hopes in altcoin while you are projecting bitcoin to be falling flat. bitcoin and atcoins are together to move, if bitcoin dies then altcoin will die as well.
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Silberman
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March 29, 2023, 05:27:46 PM |
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That's mean alternatively, if btc falls flat altcoin will dies off. What their deep relationship? Why btc important to altcoin, what's the connection in between? Will altcoins really survive without btc?
what do you mean by "Falls Flat"? bitcoin? then what would be the future of this market if bitcoin already showed that low? sad that you are still having hopes in altcoin while you are projecting bitcoin to be falling flat. bitcoin and atcoins are together to move, if bitcoin dies then altcoin will die as well. I suppose that what he means by that is what will happen to this market if bitcoin reaches a value of zero and disappear? And the answer to that is easy, the majority of the altcoins will disappear as well as they are based on the technology of bitcoin, and such a huge crash can only be the result of some kind of fatal technical flaw that is impossible to fix, which means that altcoins will not survive either, still the chances of such a scenario happening are very low.
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stormterror
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March 29, 2023, 09:01:09 PM |
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Aways, but the question should be, which altcoins will die in the next bear market? hard to know
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kawetsriyanto
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March 29, 2023, 09:43:47 PM |
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That's mean alternatively, if btc falls flat altcoin will dies off. What their deep relationship? Why btc important to altcoin, what's the connection in between? Will altcoins really survive without btc?
You must know that Bitcoin is like the mother of all crypto coins. Every crypto coin has been paired with Bitcoin in crypto market (exchanges). You can imagine what will happen with all crypto coins if Bitcoin suddenly disappears!! It must bring a very big impact on the whole crypto market. But to claim all crypto coins to die if there is no Bitcoin seems not really correct. There should be a chance for altcoins to survive although they may lose big values due to the lack of trust from all crypto investors if Bitcoin falls.
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rhodelmabanal
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March 30, 2023, 12:14:55 PM |
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It looks total crabs that without btc altcoin has no value streaming on its own. I observed several occasions when btc experience downtime, it affects the rest of the altcoin and when it pumps altcoin experience likewise. I classified bitcoin as 🚜 tractors that levels prices of altcoins. ETH is second world best crypto that occupied core ria marketcap in the crypto market but yet it cannot survive without btc.
That's mean alternatively, if btc falls flat altcoin will dies off. What their deep relationship? Why btc important to altcoin, what's the connection in between? Will altcoins really survive without btc?
if the bitcoin fall maybe altcoins will also fall not an instant fall but i believe that it will also fall slowly, without bitcoin crypto market is nothing, look at the past or the history of btc when it is in bear market, almost all new and old altcoins are affected most of them follow btc when it fall no altcoins rise during bear market how much more when there is no bitcoin.
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SyndicateLabs
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March 30, 2023, 12:22:35 PM |
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That's mean alternatively, if btc falls flat altcoin will dies off. What their deep relationship? Why btc important to altcoin, what's the connection in between? Will altcoins really survive without btc?
Because what I've seen from this market unfold is completely different from what you're seeing. Today we can clearly see the relationship of bitcoin and altcoins, the dependence on Bitcoin because Bitcoin is the first digital currency and has the largest share in the digital currency market. The influence of Bitcoin on altcoins is generally quite large, so every time Bitcoin rises or falls in price, altcoins will also affect it. Altcoins compete with Bitcoin in attracting investors and increasing value. Many altcoins try to improve and develop new features than Bitcoin in order to attract investors.
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Jody.Drummer
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March 30, 2023, 05:16:41 PM |
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That's mean alternatively, if btc falls flat altcoin will dies off. What their deep relationship? Why btc important to altcoin, what's the connection in between? Will altcoins really survive without btc?
Because what I've seen from this market unfold is completely different from what you're seeing. Today we can clearly see the relationship of bitcoin and altcoins, the dependence on Bitcoin because Bitcoin is the first digital currency and has the largest share in the digital currency market. The influence of Bitcoin on altcoins is generally quite large, so every time Bitcoin rises or falls in price, altcoins will also affect it. Altcoins compete with Bitcoin in attracting investors and increasing value. Many altcoins try to improve and develop new features than Bitcoin in order to attract investors. Investors know very well that bitcoin price movements greatly affect altcoin price movements, so they will definitely do the same thing when bitcoin experiences a downtrend, so altcoins will also feel the same way. Conversely, when they see a reversal of the bitcoin downtrend, they will use altcoins as an option other than bitcoin. When bitcoin is in a bear market, we should not be surprised to see that altcoins do not survive because indeed bitcoin is the mother (so to speak) of all altcoins.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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bitkanu
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March 30, 2023, 10:35:59 PM |
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considering the fact that many big management funds are always prioritising btc, once bitcoin reached all time low they'd instantly convert their altcoin investment into btc in which triggers individuals to also do the same since the value of the altcoin more likely decreasing overtime. I'd say bitcoin is the center of it all and will always have great influence towards the general coins in existence.
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ichsan ardi
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April 01, 2023, 08:03:08 PM |
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It looks total crabs that without btc altcoin has no value streaming on its own. I observed several occasions when btc experience downtime, it affects the rest of the altcoin and when it pumps altcoin experience likewise. I classified bitcoin as 🚜 tractors that levels prices of altcoins. ETH is second world best crypto that occupied core ria marketcap in the crypto market but yet it cannot survive without btc.
That's mean alternatively, if btc falls flat altcoin will dies off. What their deep relationship? Why btc important to altcoin, what's the connection in between? Will altcoins really survive without btc?
altcoins really survive without BTC I don't think so because one of the factors altcoins can go up it could be BTC why is BTC so important for altcoins? because BTC is the king of cryptocurrency I can't imagine if BTC is destroyed what will happen to altcoins.
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Cryptomiles1
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April 01, 2023, 10:47:19 PM |
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Well i don't know if others have already answered this but I termed it to be the first digital currency that was launched before any other altcoin and it has the ability to control the market and every other altcoin follows its direction. So, its hard to see that they are being detached from bitcoin price movement to go against the originator, otherwise, in some cases most altcoin go against the price which in cmc you would found out we have the gainers and losers' coin, the loser's go against bitcoin price while the gainer's act directly with bitcoin price, so in other words we can say the falling of bitcoin price is the rising of those altcoin price.
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TheGreatPython
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April 02, 2023, 06:16:45 PM |
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Aways, but the question should be, which altcoins will die in the next bear market? hard to know
Well, it's not that hard to know, all you need to do is take a project and evaluate it from top to bottom, start from their website, read the whitepaper, check their docs and resources, their social engagement rates, the interactions of the public with them or about them, and the influence and interest of other big names or projects if there is any. Once you are done with that, you will pretty clearly see if the project has got any potential or if it is just empty from the inside and is only here for a short while. Now do that with every project that you want to know if will exist in the future or not.
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yhiaali3
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April 02, 2023, 06:54:14 PM |
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In my opinion, Altcoin will not survive without the presence of Bitcoin. In addition to the fact that Bitcoin is the mother coin of all cryptocurrencies, there are other factors in the market that make Bitcoin the number one influencer in the market.
The first factor is trust, without bitcoin there is no trust in the market, investors do not have confidence in altcoin yet. The other important factor is the dominance of Bitcoin in the market, which automatically makes all altcoins linked to it.
This means that if bitcoin falls, all altcoins will fall with it.
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uneng
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April 02, 2023, 08:26:11 PM |
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In my opinion, Altcoin will not survive without the presence of Bitcoin. In addition to the fact that Bitcoin is the mother coin of all cryptocurrencies, there are other factors in the market that make Bitcoin the number one influencer in the market.
The first factor is trust, without bitcoin there is no trust in the market, investors do not have confidence in altcoin yet. The other important factor is the dominance of Bitcoin in the market, which automatically makes all altcoins linked to it.
This means that if bitcoin falls, all altcoins will fall with it.
That is totally correct. Without Bitcoin, the whole crypto market goes down, as we have been constantly seeing along the years. The market in general only enters a positive trend once bitcoin gives the start upside. Even Ethereum, the top 2 cryptocurrency can't survive without bitcoin. Always bitcoin loses demand and crashes, ETH follows BTC, also going down, sometimes losing even more value than BTC in percentage. Some enthusiasts believe this will change someday once an altcoin rises as potential competitor to bitcoin for market's dominance, but in my opinion that is not going to happen on the next decade, at least.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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carlfebz2
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April 02, 2023, 08:33:09 PM |
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In my opinion, Altcoin will not survive without the presence of Bitcoin. In addition to the fact that Bitcoin is the mother coin of all cryptocurrencies, there are other factors in the market that make Bitcoin the number one influencer in the market.
The first factor is trust, without bitcoin there is no trust in the market, investors do not have confidence in altcoin yet. The other important factor is the dominance of Bitcoin in the market, which automatically makes all altcoins linked to it.
This means that if bitcoin falls, all altcoins will fall with it.
That is totally correct. Without Bitcoin, the whole crypto market goes down, as we have been constantly seeing along the years. The market in general only enters a positive trend once bitcoin gives the start upside. Even Ethereum, the top 2 cryptocurrency can't survive without bitcoin. Always bitcoin loses demand and crashes, ETH follows BTC, also going down, sometimes losing even more value than BTC in percentage. Some enthusiasts believe this will change someday once an altcoin rises as potential competitor to bitcoin for market's dominance, but in my opinion that is not going to happen on the next decade, at least. If the King or Father of all crypto goes down then it would be no brainer that the entire crypto space would be shook down and would really be losing up their confidence whether it would proceed on or would totally crumble, considering that the main coin on which the community been supporting had already go its price to the floor which means that there's something huge happening in the market and it would definitely giving out huge significant on altcoins as well considering that the main trend setter is BTC.Although with those project owners they would definitely be trying their best on boosting up their marketing and exposure because for sure they would really be trying out to claim that top spot.
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bitterguy28
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April 03, 2023, 02:14:08 AM |
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This is due to psychological factors and investor confidence. when bitcoin goes up, altcoins will also go up, and vice versa, bitcoin becomes a parameter for the development of altcoins, it seems to be a natural formula in the crypto world. don't we often meet people when talking about cryptocurrencies, then their imagination is bitcoin. especially now that bitcoin has a market capitalization that dominates cryptocurrency
maybe in the past but what I am seeing now that we have that so called "Altcoin Season" in which sometimes happened even without the spike of bitcoin , though this mostly happen after Bitcoin season yet this proves one thing that altcoin has their own supporters now and trusty. maybe we cannot say what will truly happen in the coming years(once this happened) but what I am sure of? bitcoin will never have this fall mate , or else we will be no longer here after that time. Well i don't know if others have already answered this but I termed it to be the first digital currency that was launched before any other altcoin and it has the ability to control the market and every other altcoin follows its direction. So, its hard to see that they are being detached from bitcoin price movement to go against the originator, otherwise, in some cases most altcoin go against the price which in cmc you would found out we have the gainers and losers' coin, the loser's go against bitcoin price while the gainer's act directly with bitcoin price, so in other words we can say the falling of bitcoin price is the rising of those altcoin price.
being said above and seems to be not the first crypto to be created and proposed to be used but the very first successful .
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Adbitco
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April 03, 2023, 09:16:30 AM |
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It's true bitcoin is the mover of all altcoin i strong believe if there is no bitcoin then there will be no altcoin as well. But in totally there were some altcoin that act awkwardly to bitcoin price which is somehow confusing, as bitcoin soar they decrease whenever bitcoin act awkwardly they soar. But sometimes i kept wondering actually they may survived if bitcoin fails, although they may not be for 48hrs all altcoin would fail as well.
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Woodie
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April 03, 2023, 10:51:43 AM |
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It looks total crabs that without btc altcoin has no value streaming on its own. Not entirely true because if we bring in altcoins such as utiliy or stablecoins which dont rely on bitcoins performance we can see that these can hold value as they are pegged on other assets performance like gold or fiat currencies. I observed several occasions when btc experience downtime, it affects the rest of the altcoin and when it pumps altcoin experience likewise. This usually happens for coins without strong communities, had this been the case altcoins would be moving proportional to btc movement's but this Is far from reality as other factors affect the price of an altcoin such as token burns, pumps etc That's mean alternatively, if btc falls flat altcoin will dies off. What their deep relationship? Why btc important to altcoin, what's the connection in between? Will altcoins really survive without btc?
Sometimes we see some altcoins behave this way because they are paired this way on some exchanges and for strong and popular alts cheaper coins means buying opportunity for investors which is why coins pump even when btc is in red.
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imamb
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April 03, 2023, 02:31:05 PM |
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It looks total crabs that without btc altcoin has no value streaming on its own. I observed several occasions when btc experience downtime, it affects the rest of the altcoin and when it pumps altcoin experience likewise. I classified bitcoin as 🚜 tractors that levels prices of altcoins. ETH is second world best crypto that occupied core ria marketcap in the crypto market but yet it cannot survive without btc.
That's mean alternatively, if btc falls flat altcoin will dies off. What their deep relationship? Why btc important to altcoin, what's the connection in between? Will altcoins really survive without btc?
In my opinion, altcoin will not survive if Bitcoin is destroyed, because Bitcoin is the king of cryptocurrency, so whatever happens in cryptocurrncy depends on Bitcoin, therefore if the price of Bitcoin increase, then the price of altcoin will also increase and if the price of Bitcoin decrease, then the price of Bitcoin will also decrease, because the main pioneer of cryptocurrency is Bitcoin. the main crypto investment center is BITCOIN friends. already trusted 100% by people who understand. if only BITCOIN crashed down dramatically, 95% of altcoins that died because they lost their large volume. but there are still altcoins that iinvestors trust with clear objectives of the coin project
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