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Author Topic: Bitcoin may effect other crypto?  (Read 15302 times)

Offline bitcoinku

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Re: Bitcoin may effect other crypto?
« Reply #45 on: May 18, 2019, 04:46:52 AM »
Definitely, bitcoin price always affects other altcoin prices. Their prices are always determined by any positive or negative impact on bitcoin. Its very obvious
Yes you are right, because bitcoin is the benchmark of the altcoins, we see if the price of bitcoin rises or falls, surely all altcoins always follow it

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Re: Bitcoin may effect other crypto?
« Reply #45 on: May 18, 2019, 04:46:52 AM »

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Offline alstevenson

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Re: Bitcoin may effect other crypto?
« Reply #46 on: May 18, 2019, 05:24:05 AM »
So do you think that when bitcoin price rise up a lot of crypto currenceis will be also affected from it. Will be there a chance that if bitcoin rise , altcoin will also be pump, what do you think ?
Yes this is the scenario all the time, if bitcoin price pumps or dumps the altcoins will bleed. But when bitcoin price dumps then become stable after that, altcoins will pump as we have seen this past few days.

Offline OptimusPrime

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Re: Bitcoin may effect other crypto?
« Reply #47 on: May 18, 2019, 09:09:13 AM »
One thing I know is that when the price of Bitcoin goes up, other cryptos will go up as well. This has happened before so why not now?
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Offline Mikam

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Re: Bitcoin may effect other crypto?
« Reply #48 on: May 20, 2019, 06:36:00 PM »
absolutely right, as a parent coin of all altcoins, bitcoin is made as a reference by other alcoins. other coins will increase in value if bitcoin increases in price. and vice versa.

Offline Watu_pawon

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Re: Bitcoin may effect other crypto?
« Reply #49 on: May 24, 2019, 01:51:48 PM »
yes, it is true and indeed like that, that the price of bitcoin can affect other crypto prices so far, because bitcoin is a role model for other coins.

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Re: Bitcoin may effect other crypto?
« Reply #50 on: May 24, 2019, 07:00:27 PM »
absolutely right, the development and volatility of bitcoin can affect the development of other coins. so that the development of altcoin seems to be alive, not stable.
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Re: Bitcoin may effect other crypto?
« Reply #51 on: May 25, 2019, 06:25:59 PM »
Bitcoin value really effects on other coins. You can see yourself when the Bitcoin price increases, then the prices of altcoins improve. But when the value of Bitcoin is decreasing, the prices of altcoins are going down.

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Re: Bitcoin may effect other crypto?
« Reply #51 on: May 25, 2019, 06:25:59 PM »


Offline mimikri

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Re: Bitcoin may effect other crypto?
« Reply #52 on: May 25, 2019, 07:29:57 PM »
So do you think that when bitcoin price rise up a lot of crypto currenceis will be also affected from it. Will be there a chance that if bitcoin rise , altcoin will also be pump, what do you think ?
Yes this is the scenario all the time, if bitcoin price pumps or dumps the altcoins will bleed. But when bitcoin price dumps then become stable after that, altcoins will pump as we have seen this past few days.

It affects those altcoins that are the most reliable ones as I see. Shitcoins move according to their own scenario, which cannot be foreseen. So only tokens in good exchanges can go with Bitcoin.
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Re: Bitcoin may effect other crypto?
« Reply #53 on: May 25, 2019, 11:58:40 PM »
Broadly speaking, this is what we usually see, but now coins are starting to emerge that don't follow bitcoin on price issues because they have more trust than their investors.

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Re: Bitcoin may effect other crypto?
« Reply #54 on: October 19, 2019, 11:58:04 PM »
It is surely that Bitcoin influences all crypto prices. We can see easily that all altcoins drop once the Bitcoin price was decreasing. Bitcoin is the main factor in having bullish. So, if the Bitcoin price is still bearish, it is likely to not have bullish in all crypto coins. 
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Offline greatones

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Re: Bitcoin may effect other crypto?
« Reply #55 on: October 22, 2019, 01:55:30 PM »
I believe so. You can see the rise and the fall of the other altcoins when the same things happened with btc. But then again, they are all unpredictable sometimes. You could say that it is one factor that influences it.

Offline Andruha1993

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Re: Bitcoin may effect other crypto?
« Reply #56 on: October 23, 2019, 08:36:56 AM »
Yes, this is what happens when bitcoin begins to grow, followed by the growth of other cryptocurrencies, as well as some altcoins. You yourself can see it on the coinmarketcap. I always watch such a picture there.
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Re: Bitcoin may effect other crypto?
« Reply #57 on: October 23, 2019, 09:57:29 AM »
I think we experienced that in the 2017 where the price of bitcoin actually influenced other altcoins even up to 2018 we experienced the same, when bitcoin start to rise in a week intever you will see other coins we start to rise also not long there was a change between bitcoin and altcoins sometimes if bitcoin start to rise,  suddenly other coins will start to fall in late 2018 till 2019 but accept Etherum that always follow bitcoin excluding others coins
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Offline WhiskeyHoney

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Re: Bitcoin may effect other crypto?
« Reply #58 on: October 23, 2019, 11:37:30 AM »
I think yes, when btc falls down ppl start paying more attention to altcoins from what I've seen

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Re: Bitcoin may effect other crypto?
« Reply #59 on: October 23, 2019, 02:14:32 PM »
Bitcoin can be said to be the parent of all existing Cryptocurrency, therefore many Crypto values ​​depend on Bitcoin.  But this is not always the case, sometimes the price of Bitcoin goes down but the value of other Crypto increases, and vice versa.  That is, the value of cryptocurrency is very difficult to predict.
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