Altcoins Talks - Cryptocurrency Forum

Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Fact on October 22, 2017, 02:05:19 PM

Title: Do Altcoins put downward pressure on Bitcoin like they do on Ethereum ?
Post by: Fact on October 22, 2017, 02:05:19 PM

As you may notice when the price of Bitcoin decrease, every altcoins follow the same pattern.
But Ethereum collected by ICOs is putting the offer on table as ICOs want to convert to fiat.
Bitcoin doesn't seem much affected by ETH price though...

Title: Re: Do Altcoins put downward pressure on Bitcoin like they do on Ethereum ?
Post by: titi on October 22, 2017, 03:37:29 PM

No, I don't think so

Title: Re: Do Altcoins put downward pressure on Bitcoin like they do on Ethereum ?
Post by: Msjuris on October 30, 2017, 11:57:31 AM

no i don't think so. in fact btc and alt coins have an inverse relationship. when btc is down, altcoins are up.