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Author Topic: Bitcoin price effect on Altcoin  (Read 588 times)

Offline marksayson

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Bitcoin price effect on Altcoin
« on: July 31, 2018, 05:01:07 AM »
Hey everyone,
How strongly Altcoin value relate to bitcoin price. Can we know the condition of ETH/BTC ratio by analyzing BTC/USD value ?
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Bitcoin price effect on Altcoin
« on: July 31, 2018, 05:01:07 AM »

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Offline damsix

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Re: Bitcoin price effect on Altcoin
« Reply #1 on: August 07, 2018, 02:23:33 AM »
depending on the Altcoins function, for example, I see from Bitcoin Cash, it is so expensive because it has a lot of Bitcoin and the total supply is small, there are 21M tokens.

if you see Ethereum, he is not so expensive but has an unlimited total supply and also has a smartcontract for all tokens that will be displayed or developed through the ICO.
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