Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: Quantum X on November 26, 2020, 02:35:48 AM
-
I don't know if you'll agree with me but if you are familiar with a gear shift you truly understand what I mean. Gearshift is a device used to engage or disengage gears in any type of transmission or mechanism.
Bitcoin in my opinion does the same in the crypto space. Whatever the performance of btc in the market altcoins are affected. It is bitcoin who directs the market status which is good to some who are real and bad to those altcoins that are just there for nothing except for fraud motivation.
-
One can agree with such a comparison. Today, downshifting is enabled through bitcoin in the cryptocurrency market and the growth of altcoins has begun to decline. As the price of bitcoin fell to $ 17,872, there was also a sharp drop in prices across the entire cryptocurrency market. Ethereum is now priced at $ 532, and other altcoins have dropped more than ten percent. The usual price correction takes place and without it there can be no further upward movement.
-
Although the value of all cryptocurrency is downward in terms of demand and supply, but it is often seen that whenever the value of bitcoin falls, the value of other cryptocurrency also falls, today ethereum has also fallen to $520.
-
Of course, Because bitcoin is the king of cryptocurrencies. While bitcoin is going to increase, I think all Crypto currencies will follow to increase. Bitcoin price will affect all of the crypto market. I think It is normal .
-
Of course, Because bitcoin is the king of cryptocurrencies. While bitcoin is going to increase, I think all Crypto currencies will follow to increase. Bitcoin price will affect all of the crypto market. I think It is normal .
Very often, the opposite is true: When the price of bitcoin increases, the price of altcoins falls. This is because investors sell altcoins to invest in bitcoin. Therefore, bitcoin should not rise sharply in price.
-
Bitcoin is one of the most popular and widely known coins around the world. This is a blockchain token. It is operated from a specific location. We can see the price but now it has increased a lot. We can expect the price of this bitcoin to exceed $50,000 by 2021.
-
Bitcoin is not a driver of the crypto market as a whole, that's because all altcoins are paired with Bitcoin on crypto exchanges, when the new altcoins have a better system than Bitcoin, namely transaction speed, many want to own these altcoins and the price will increase.
For me Bitcoin is the Leader of new ideas from new projects, therefore we can see new projects that want to be better than their predecessors.
-
I think Bitcoin is indeed a regulator of Bitcoin price rotation. When the price of Bitcoin goes up or down, it will immediately be followed by increases and decreases in altcoins. Because Bitcoin really determines the steps the market will take green or turn red.
-
In most cases, it is fact, when bitcoin rises in price and then altcoins also rises in price, and when the price of bitcoin starts to fall, then prices of altcoins also begin to fall, but at times there have been cases when the price of bitcoin has grown and prices of altcoins have stood still on one place and vice versa there was moments when the price of bitcoin fell and prices of altcoins was stood still on one place.
-
In the real world, I mean in everyday life Bitcoin is like USD because world currencies are affected by USD movements. So Bitcoin will become the cryptocurrency determinant in the exchange so investing in Bitcoin will bring benefits.
Maybe the end of the year is a good time to buy Bitcoin.
-
It can be said that Bitcoin is a driving force for the rise and fall of altcoins, but not all altcoins are affected by movements and shifts in bitcoin prices. All cryptos have a wide opportunity to become the top crypto market. It may be true that bitcoin is a reference to find out which altcoins are up or down.
-
It is actually very true that Bitcoin drives the entire crypto market and there is no exceptions for now, Bitcoin control all coin prices. I am personally waiting to see a coin/token that don't depends the bitcoin price movement during pump or dump periods.
For now, Bitcoin controls the market, and i don't think there are any doubt about it.
.
-
I am personally waiting to see a coin/token that don't depends the bitcoin price movement during pump or dump periods.
I think we have it already and it is USDT. So far only stable coin like this we can consider and I'm afraid that there will be nothing to be created outside from this idea.
-
I agree with you that you have discusse this topic very nice way.i don't think anyone else should be confuse about this.because you have post very simple and with example. Thank you so much bro for making such an instructive post . Hopefully this kind of post will do again and again.
-
Of course, Because bitcoin is the king of cryptocurrencies. While bitcoin is going to increase, I think all Crypto currencies will follow to increase. Bitcoin price will affect all of the crypto market. I think It is normal .
Bitcoin is the king of all coins. Bitcoin is called the king of cryptocurrencies. The price of Bitcoin is increasing day by day. The price of Bitcoin will one day reach a level that people will never believe. Bitcoin will follow all coins. This is normal
-
Bitcoin is the king of crypto, but as a price mover I don't think it will affect new crypto, where currently bitcoin is going to the top but only a few are moving, for example for ETH it doesn't run smoothly like BTC
-
I agree with what you are saying, this is because Bitcoin is the first cryptocurrency that exists. Therefore Bitcoin has a huge influence on all these Cryptocurrency activities.
The easiest example we see is the change in the price of Crypto coins, not all of them follow the price of Bitcoin but more than 60% of other Crypto prices are affected by the price of Bitcoin.
-
I agree with your important topic because we know fully cryptocurrency market are depends on bitcoin.bitcoin price up down are totally depends other coin in cryptocurrency. It is main point of cryptocurrency. So I think you are absolutely right.
-
I agree with what you are saying, this is because Bitcoin is the first cryptocurrency that exists. Therefore Bitcoin has a huge influence on all these Cryptocurrency activities.
The easiest example we see is the change in the price of Crypto coins, not all of them follow the price of Bitcoin but more than 60% of other Crypto prices are affected by the price of Bitcoin.
I often say this, which causes the altcoin price to follow bitcoin because bitcoin is listed on all exchanges and the altcoin pair is bitcoin, if the altcoin pair is based on ethereum I believe the altcoin price follows ethereum not bitcoin.
-
Indeed Bitcoin is like being its own power for crypto. In fact, many people know Bitcoin more than crypto. Because this Bitcoin is more easily understood by many people. And Bitcoin can also invite large numbers of people to join crypto. So that Bitcoin has its own strength.
-
As of last year some people say that bitcoin will not survive the bear market but is surprise to know that bitcoin has proven beyond that and also i have over heard many people say that bitcoin is scam project don't go their is fraud but today my brother many have become multimillionaire through bitcoin and other crypto asset. Bitcoin is really trying and is really ahead of other altcoins.
-
Indeed, this Bitcoin can be a complete regulator in crypto. Where Bitcoin can bring crypto better and more popular. This shows that Bitcoin is so extraordinary, many people know crypto as Bitcoin. And indeed Bitcoin is often a reference price for other coins.
-
One can agree with such a comparison. Today, downshifting is enabled through bitcoin in the cryptocurrency market and the growth of altcoins has begun to decline. As the price of bitcoin fell to $ 17,872, there was also a sharp drop in prices across the entire cryptocurrency market. Ethereum is now priced at $ 532, and other altcoins have dropped more than ten percent. The usual price correction takes place and without it there can be no further upward movement.
Following that Bitcoin is gaining again and will continue to increase in the near future. You can buy more or store Bitcoin for the current period. I can rely on my experience to trade and increase the output of Bitcoin I have
-
You are absolutely right.I agree with you because I am following Manny senior brothers posts in this bitcoin topic.Others coins are fully depends on betcoin.We Know that bitcoin price has increased others coins price has some of increase and bitcoin price has Down other's coins price may be down.So I think bitcoin is gear shifter in cryptocurrency.
-
Long before people knew crypto, maybe they were familiar with the term Bitcoin. This in my opinion shows that Bitcoin is capable of being a spur for the advancement of crypto. And Bitcoin is able to become the foundation for crypto. it is not wrong to call it the king of coins.
-
Yes, we know that Bitcoin is the largest coin in the cryptocurrency world. This bitcoin is the king of all coins. This bitcoin is most responsible for advancing cryptocurrency to the highest level. Today we know the cryptocurrency for this bitcoin. If it weren't for Bitcoin, we wouldn't be able to recognize this cryptocurrency as much. Bitcoin has played the biggest role in advancing this cryptocurrency.
-
It is very difficult to say something about Bitcoin, although it is the most demanded cryptocurrency on the market and any change in the Bitcoin exchange rate changes the pricing of all cryptocurrencies. The only thing that worries me is the large capital in investing in bitcoin, since large Bitcoin holders have the opportunity for manipulation and other opportunities to influence the market, which does not reflect well on pricing and the general market trend.
-
If it weren't for Bitcoin, people would be interested in cryptocurrency but not so much. We all know that Bitcoin is the king of all coins. The price of Bitcoin will be higher in the future. Currently, the price of Bitcoin is slowly increasing.
-
Bitcoin i a king of all market and when the BTC move to high after that all the ALT coins move to high and when it is down all the ALT coins comes down. Bitcoin is the major currency in the market.
-
Bitcoin is a project that controls the market and holds all projects, and what will happen if the market walks by itself.