Bitcoin Garden Forum
Cryptocurrencies => Crypto Discussion => Topic started by: yousufatik on December 13, 2018, 01:32:57 PM
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Since most of the alt coins are traded with BTC or ETH. SO I think altcoins prie are dependent on the price of this two.
What is your opinion please share.
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Altcoin prices mostly depend on bitcoin. Even if the trading pairs of the coin is in ethereum, the price of ethereum depends on the price of bitcoin which means that the prices of coins depends on the price of bitcoin whether directly or indirectly due to trading pairs. That is why you see that when the price of bitcoin falls, then the prices of all the other altcoins in the market start falling too.
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this is cryptocurrency interrelated with each other, the time of bitcoin going up surely the price of altcoins goes up too.
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Since most of the alt coins are traded with BTC or ETH. SO I think altcoins prie are dependent on the price of this two.
What is your opinion please share.
ETH not included, all altcoins price depends on BTC price. If BTC price is high, then altcoins too and vice versa.
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I think altcoin depends on BTC not on ETH because if BTC goes down all Altcoin prices must go down as well even some that are not worth it
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I think altcoin depends on BTC not on ETH because if BTC goes down all Altcoin prices must go down as well even some that are not worth it
Yes but mostly all altcoins are paired with BTC and ETH that's why they are affected as well.
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All altcoins are effected by BTC and ETH while BTC has the major impact.
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think altcoin depends on BTC not on ETH because if BTC goes down all Altcoin prices must go down as well even some that are not worth it
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Of course the Altcoins price is depending on Bitcoin price and it will always depend like that. No coin can rise individual from Bitcoin at the moment, only the stable is not affected by Bitcoin price
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Of course the Altcoins price is depending on Bitcoin price and it will always depend like that. No coin can rise individual from Bitcoin at the moment, only the stable is not affected by Bitcoin price
Yes, this is true, most of all the altcoins are dependent to bitcoin price. Only the stable coins are independent as they are not based on bitcoin price.
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All of coin on this market are depending on BTC price, there’s still some coin that move the opposite site with BTC but it’s just for a short movement, after that they will follow the BtC trend
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All of coin on this market are depending on BTC price, there’s still some coin that move the opposite site with BTC but it’s just for a short movement, after that they will follow the BtC trend
Yes I see some coins that move opposite side with btc. And I use that to coin to trade in this bear market.
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All of coin on this market are depending on BTC price, there’s still some coin that move the opposite site with BTC but it’s just for a short movement, after that they will follow the BtC trend
Yes I see some coins that move opposite side with btc. And I use that to coin to trade in this bear market.
Then you should make profit in this bearish market too. When I kniw about these upside coin, I don’t have any funds left so I only hold for what I bought in last quarter
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All of coin on this market are depending on BTC price, there’s still some coin that move the opposite site with BTC but it’s just for a short movement, after that they will follow the BtC trend
Yes I see some coins that move opposite side with btc. And I use that to coin to trade in this bear market.
Then you should make profit in this bearish market too. When I kniw about these upside coin, I don’t have any funds left so I only hold for what I bought in last quarter
Yes, I can profit also in this bear market. But I always use stop limit just to be so sure about my trades.
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They do depends on those coins because they are paired with them. Any fall back of Bitcoin or ethereum will affect it followers
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They do depends on those coins because they are paired with them. Any fall back of Bitcoin or ethereum will affect it followers
it's true but there are also those who don't follow bitcoin and etheruem because the community is very enthusiastic about the tokens they believe in
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Bitcoin determine the price of all the altcoin that's why when bitcoin price goes down all other coins the price will drop as well.
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That is why you see that when the price of bitcoin falls, then the prices of all the other altcoins in the market start falling too.
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almost depend on BTC, i usually observer the market when the price of BTC go down, almost token will go down too, and vice versa. the volume of BTC is so big and when the price change it can make the market change
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For several coin have pair to usd, so bitcoin price or eth price, not changing price if this coin.
I think we need coin like this.
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Well I think most altcoins are linked to BTC... but a lot of ERC20 tokens are tethered to Ethereum since lots of their trading pairs are ETH based.
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Well I think most altcoins are linked to BTC... but a lot of ERC20 tokens are tethered to Ethereum since lots of their trading pairs are ETH based.
Yes since they are paired with BTC or ETH most likely, that's why it depends on the price of this two.
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I think most of coins are depending on Bitcoin price, inly the stable coin is not depending on Bitcoin because they are fixed to the fiat value and reflects the fiat in thus market
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Of course, the price of altcoins depends on bitcoin, and not on ethereum. The price of the Ethereum coin itself depends on the bitcoin price. This is explained by the fact that bitcoin has a very high degree of capitalization and this allows bitcoin to completely dominate the price over all types of crypto currency. When the level. capitalization of bitcoin will fall to a minimum separation from the capitalization of the upper coins, then it will lose its price dominance.
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Most people already know about crypto because when people see the uptrend on Nov 2017, they are amaze and unexpected that it can reach almost $ 20.000
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Most people already know about crypto because when people see the uptrend on Nov 2017, they are amaze and unexpected that it can reach almost $ 20.000
Yes, that's what most people do, they just keep on following the trend, that's why they will most likely lose their investments.
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Bitcoin in this era will give a good thing after they leave Bitcoin and when this starts to improve maybe they will come back. They only take a short break to calm their minds so they don't panic.
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The main coin that affects the growth of others is Bitcoin. As for tokens, their price does not affect the price of Ethereum. Based on this, you can write this dependence: Bitcoin affects ETH and most of the rest of Altcoins, ETH in turn affects most of the tokens. So far I see such a pattern.
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Most people already know about crypto because when people see the uptrend on Nov 2017, they are amaze and unexpected that it can reach almost $ 20.000
And when Bitcoin reach $20,000 in Nov 2017, I’m pretty sure many people have fomo and have to buy at the high price. They all become holder now and waiting for a next bull run to escape
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It's depend a lot on bitcoin . When bitcoin pump , almost altcoin will follow price of it
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Altcoin prices mostly depend on bitcoin. Even if the trading pairs of the coin is in ethereum, the price of ethereum depends on the price of bitcoin which means that the prices of coins depends on the price of bitcoin whether directly or indirectly due to trading pairs. That is why you see that when the price of bitcoin falls, then the prices of all the other altcoins in the market start falling too.
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I am a trader. So from my experience i can say that altcoins price on $USD mostly depends on Bitcoin value but price in BTC or ETH pair depend on BTC or ETH.
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All of the Altcoins price are depending on Bitcoin price, ETH pair is just another pair for us to trading, ETH still affect by the price of Bitcoin in this market
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Yeah the altcoin price depend on BTC or ETH. If the price of BTC goes down the altoin also affected by in the same way if the price increases the altcoin affected.
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this is cryptocurrency interrelated with each other, the time of bitcoin going up surely the price of altcoins goes up too.
The truth is altcoins having etherum and bitcoin trade pairs will always dump when bitcoin and etherum dumps because of the gwei
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As I know so far the pri of all altcoins on the market are depending on the price of Bitcoin because Bitcoin had the most influence and popularity among the other crypto
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It is correct. Commonly altcoin prices depend on BTC & ETH yet these coins are paired with altcoins in trading. If the prices of BTC & ETH increase, then altcoins prices can improve to high rates. That's why many people think the significant rise of BTC & ETH can trigger bullrun. Because it influences to the prices of other crypto coins.
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Altcoins price and even ETH price are always depending on the price of Bitcoin too because Bitcoin still has the most influence and the main corr of crypto currencies
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in my thought alt coin price depends on BTC.
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It is correct. Commonly altcoin prices depend on BTC & ETH yet these coins are paired with altcoins in trading. If the prices of BTC & ETH increase, then altcoins prices can improve to high rates. That's why many people think the significant rise of BTC & ETH can trigger bullrun. Because it influences to the prices of other crypto coins.
Yup most altcoins are paired with BTC and ETH thats why the value depends on this 2 main cryptocurrency.
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In my opinion I think that altcoins price are depending on Bitcoin price rather then ETH because Bitcoin has the most influence in this market.
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I think most altcoins are linked to BTC.
but a lot of ERC20 tokens are tethered to Ethereum since lots of their trading pairs are ETH based.
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If crypto status is to be searched then it is mostly seen that Altcoin price remains dependid on BTC price.
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It's depend a lot on bitcoin . When bitcoin pump , almost altcoin will follow price of it
indeed, every bitcoin price increases, surely the altcoin price increases too.
this is due to the exchange of altcoin pairs with bitcoin.
so that the development of altcoin prices will follow bitcoin.
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All of altcoins on the market are depending on the price of Bitcoin because Bitcoin has the most influence and popularity on this market.
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All of altcoins on the market are depending on the price of Bitcoin because Bitcoin has the most influence and popularity on this market.
Totally agreed. All of the coin are depending on Bitcoin price and whenever Bitcoin price change, all the market also go the same way with that trendy
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As far as I understand, altcoin prices depend on Bitcoin. It may be also influenced by Ethereum, but I think it is not too crucial like Bitcoin. Bitcoin has a big influence on altcoin prices, we can easily know it on coinmarketcap when BTC goes up or down.
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Altcoins price always depend on Bitcoin because it has the most influence in the market and all others crypto always follow it
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All of altcoins on the market are depending on the price of Bitcoin because Bitcoin has the most influence and popularity on this market.
Yes and the market will be like that for a longer time, as long as Bitcoin still has the highest domination and no coin can replace it
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All of altcoins on the market are depending on the price of Bitcoin because Bitcoin has the most influence and popularity on this market.
Yes and the market will be like that for a longer time, as long as Bitcoin still has the highest domination and no coin can replace it
I don’t think so, everything is possible and at the moment we already have many altcoins with better technology than Bitcoin, the problem is time and time will tell it
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The ETH also follows the bitcoin, all the cryptocurrency follows the bitcoin
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I would not say that it depends completely. But mostly, there are sharp drops or rises. And so, with some support, the price of altcoins can grow independently.
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The ETH also follows the bitcoin, all the cryptocurrency follows the bitcoin
Yes, Ethereum follows the price of Bitcoin. But I think some stable coins like USDT doesn't follow the Bitcoin price. It is likely to follow the rate of US Dollar. However, it is true if most of crypto coins/tokens follow the Bitcoin price so far.
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almost the price of altcoin depend on bitcoin, and the price of eth too, the volume and value of btc too big and it can control the market, so when you invest to crypto you should consider the price of bitcoin
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crypto is related with each other and Bitcoin is king of cryptocurrency, if bitcoin rises then other coins will follow.
almost all coin/tokens have a pair to Bitcoin.
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I think your words are correct, all altcoins depend on these two tokens, but in more detail, all the coins cling to bitcoin because the bitcoin king of coins has not been replaced at this time
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In fact, all cryptos are dependent on bitcoin price, although subcoins are bound to ethereum, but no matter if bitcoin increases.
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The ETH also follows the bitcoin, all the cryptocurrency follows the bitcoin
Yes, Ethereum follows the price of Bitcoin. But I think some stable coins like USDT doesn't follow the Bitcoin price. It is likely to follow the rate of US Dollar. However, it is true if most of crypto coins/tokens follow the Bitcoin price so far.
The problem is even they’re call stable coin but if some big scandal and fud also affect their price really much, example when USDT got a scandaywith Bitfinex last year
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The ETH also follows the bitcoin, all the cryptocurrency follows the bitcoin
Yes, Ethereum follows the price of Bitcoin. But I think some stable coins like USDT doesn't follow the Bitcoin price. It is likely to follow the rate of US Dollar. However, it is true if most of crypto coins/tokens follow the Bitcoin price so far.
The problem is even they’re call stable coin but if some big scandal and fud also affect their price really much, example when USDT got a scandaywith Bitfinex last year
I agree USDT problem cause huge fuds and bringing that stable coin price dumps. We should always check the news what is happening in this space or we might get rekt.
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Altcoin price not depends on ethereum , all altcoin price is depends on bitcoin price.. as you can see now , on first April 2019 ago Bitcoin doing "shock pump" which is pump until 5% from three thousands dollar.. and also , other altcoin price going pump and "alive" too.. I see ethereum going pump more or less until 9-10% , xrp going pump more and less until 6-8%
*bold mark is my conclusion*
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Yeah its a related to each other but mostly bitcoin. I really dont know why and nobody have given me a good reason as to why but its happening.
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The ETH also follows the bitcoin, all the cryptocurrency follows the bitcoin
Yes, Ethereum follows the price of Bitcoin. But I think some stable coins like USDT doesn't follow the Bitcoin price. It is likely to follow the rate of US Dollar. However, it is true if most of crypto coins/tokens follow the Bitcoin price so far.
The problem is even they’re call stable coin but if some big scandal and fud also affect their price really much, example when USDT got a scandaywith Bitfinex last year
I agree USDT problem cause huge fuds and bringing that stable coin price dumps. We should always check the news what is happening in this space or we might get rekt.
Rekt liquidation us all, every time this bot said about liquidation I’m always nervous what will the market going next
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I totally disagree , some altcoins price don't rely on btc movement rather demand and supply from their community, one of them is veil privacy coin that rose to new height few weeks back despite btc digging crude oil and looking more bearish on the chart
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As far as I know altcoins prices depend in bitcoin, a change in the price of bitcoin naturally will cause a change in price of altcoins generally, even ethereum price is dependent on bitcoin.
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Yes, in my observations while following the cryto world it was stated that the altcoin price always follows the price of BTC or ETH, if the price of bitcoin rises surely the price of altcoin will also increase as well as vice versa. there I was also surprised, why is that ... ???
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These days Bitcoin is going up in value while altcoins are going down, which means that they do not completely follow the price of Bitcoin
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As all other forum member says altcoin price depends on BTC because BTC Dominance is more than 57% in the market. In the near future, it will not change.
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I can say majority of altcoins price depend on Bitcoin to survive because they are built under bitcoin I think that's why most of the altcoins price have not stabilizes on their own so this contribute to the main reason some altcoins dies off when bitcoin price falls below $3000 while some survive based on their own.
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yes all Altcoin prices also depend on bitcoin price movements, because bitcoin is also the leader of all altcoins that are already on the market, so if the price of bitcoin has improved better, I think all altcoin market prices will also follow the price of bitcoin
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yes, I think all crypto prices will also follow the prices of bitcoin and ethereum, because bitcoin is also the number one coin
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yes I know all the altcoin prices also depend on the position of the price of bitcoin, if you see the price of bitcoin is experiencing a good trend for me the price of altcoin will also experience a good increase. so for me bitcoin is the parent, all altcoin prices.
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yes I know all the altcoin prices also depend on the position of the price of bitcoin, if you see the price of bitcoin is experiencing a good trend for me the price of altcoin will also experience a good increase. so for me bitcoin is the parent, all altcoin prices.
I agree with your opinion, but what I see now is altcoin is very difficult to rise to follow the BTC price movements.
From the daily trading volume that I saw in Coinmarketcap, BTC was superior to the percentage of daily trading (33.43%) and followed by ETH with (13.41%).
Looking at the current crypto market situation, BTC wants to rise to $6500 and I think by the end of May BTC prices will reach $7k.
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it all depends if you are stacking bitcoin or fiat
i have seen coins, such as ANS / NEO hit over x100 financially, but not quite as much of a return if that was converted to bitcoin
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it is all have correlation although it may seems so uncertain however sometimes the rise or downfall of those coins you mentioned above really have effect to the overall coin market trend. However there maybe some coin that are not being influented that much because they usually have different pace for growing for example is veil coin, their growth sometimes not being influented by the other big coin because they just have different pace which sometimes is a good thing.
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if I don't think all altcoin prices will go up following the bitcoin price movements, for me a good altcoin and also have profitable profits in the future will also be more likely to rise faster.
so they will also follow the bitcoin price movements up and down better.
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At this point, all other crypto is related to BTC price, BTC dominance is still very high... wheter we like it or not BTC rules the crypto markets...
I think alts can rise and fall independently but in the end BTC will rule the trend
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That quit right, altcoin depend on bitcoin. But not eth. Because when the price of bitcoin up, many investors get the benefit, then they look some potential coin to invest and hold. This situation make the price some of altcoin up. I think .. That.