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Author Topic: bitcoin influence price of all coin!  (Read 4374 times)

Offline @Royale

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Re: bitcoin influence price of all coin!
« Reply #45 on: October 31, 2018, 10:53:05 PM »
Bitcoin has established itself as the first and most dominant cryptocurrency. The ‘anchor’ of the crypto market, thus making it the most popular coin to trade with. All the top exchanges offer a BTC trading pair. Thus when BTC starts to move everyone starts trading out of (or into) alts via BTC.




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Re: bitcoin influence price of all coin!
« Reply #45 on: October 31, 2018, 10:53:05 PM »

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Re: bitcoin influence price of all coin!
« Reply #46 on: November 01, 2018, 02:52:10 PM »
of course bitcoin becomes the influence of other coins, because bitcoin is the first coin that successfully developed in crypto, bitcoin which is able to make crypto crowded by people

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Re: bitcoin influence price of all coin!
« Reply #47 on: November 02, 2018, 01:41:58 AM »
it is true that almost all crypto follow the bitcoin movement, and I think that is indeed very good in trading, because I think it will be able to see bitcoin prices rise and other crypto will also follow the increase in bitcoin, and in the future bitcoin prices will definitely rise better and higher soar to the moon.
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Re: bitcoin influence price of all coin!
« Reply #48 on: November 02, 2018, 03:53:36 AM »
it is true that almost all crypto follow the bitcoin movement, and I think that is indeed very good in trading, because I think it will be able to see bitcoin prices rise and other crypto will also follow the increase in bitcoin, and in the future bitcoin prices will definitely rise better and higher soar to the moon.
I agree on that bitcoin can really affect the price of am crypto coin because it is the first coin in whole crypto. And I believe that the people's trust is in bitcoin that is why if bitcoin price fall all other coin will also fall. We can really see this before the bitcoin has really a great connection or affect on the crypto market price.
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Re: bitcoin influence price of all coin!
« Reply #49 on: November 02, 2018, 07:32:56 AM »
May be not all cryptocurrencies are related one and others. One altcoin can cause no influence to other altcoins. While bitcoin is very different, It because bitcoin is related to all cryptocurrencies. Bitcoin is the exchange pair for all coins or tokens. It is the main reason why bitcoin has a big role in the rise of crypto.
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Re: bitcoin influence price of all coin!
« Reply #50 on: November 02, 2018, 09:53:53 AM »
The strong influence of bitcoin is what the proof that it is not dead. The mandate of bitcoin once it goes up all altcoins will instantly move forward with bitcoin starting hitting the moon.

Offline Zein_Grind666

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Re: bitcoin influence price of all coin!
« Reply #51 on: November 02, 2018, 10:26:12 AM »
In my opinion, because some types of altcoins are traded for Bitcoin (eg TRON-BTC or BTC-WAVES) while Bitcoin is traded for Dollar / Fiat (eg BTC-USD or USD-BTC) so that the decrease and increase in BTC affects other coins.

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Re: bitcoin influence price of all coin!
« Reply #51 on: November 02, 2018, 10:26:12 AM »


Offline doranan

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Re: bitcoin influence price of all coin!
« Reply #52 on: November 02, 2018, 10:30:22 AM »
Because BitCoin is the first and largest crypto, when confidence is shown in it, there’s carry over to other cryptos. With decentralized exchanges and the massive success of recent ICO’s, I think this is only the beginning for BitCoin, blockchain and other coins. The success of BitCoin paves the way for projects like Saske
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Re: bitcoin influence price of all coin!
« Reply #53 on: November 02, 2018, 04:40:37 PM »
The price of Bitcoin influence all the crypto market, because transacts to local currencies are through bitcoin.

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Re: bitcoin influence price of all coin!
« Reply #54 on: November 02, 2018, 07:04:29 PM »
yes it is true that all coins are based on Bitcoin because Bitcoin is the parent of Cryptocurrency, and Bitcoin greatly influences market prices
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Re: bitcoin influence price of all coin!
« Reply #55 on: November 03, 2018, 02:23:46 AM »
For the rest of my stay here in crypto currency. I have been observing that price of btc dictates the market condition. why is it guys? I thought they are not related to each other and they have individual place n the market but why they moves like btc way?

Yes I think It is true. I see Bitcoin influence price of all coin. Because Bitcoin is the first of crypto currency. It is more popular than other.
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Offline ALTdetectoR

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Re: bitcoin influence price of all coin!
« Reply #56 on: November 03, 2018, 02:50:51 AM »
because BTC is the king of all coin and BTC is the first coin that appears in the crypto world. so all coin/ altcoin will follow the price of BTC. when the price of BTC rises all coin will rise and when the price of BTC drop all coin will also go down. BTC is the key to all coin.

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Re: bitcoin influence price of all coin!
« Reply #57 on: November 03, 2018, 04:05:55 AM »
Yes right, Bitcoin dominates everything, there is nothing as popular as bitcoin to this day, because bitcoin is a pioneer of circulating cryptocurrency, bitcoin has revolutionized cryptocurrency which is increasingly circulating in every day Coin new coins appear. So I think the price of bitcoin is very influential on all coins.

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Re: bitcoin influence price of all coin!
« Reply #58 on: November 03, 2018, 04:17:35 AM »
Well I think because bitcoin is the mother of all coins that we have here in crypto. I think it will not going to change even it will take years.
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