Altcoins Talks - Cryptocurrency Forum

Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: marksayson on July 31, 2018, 05:01:07 AM

Title: Bitcoin price effect on Altcoin
Post by: marksayson 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 ?

Title: Re: Bitcoin price effect on Altcoin
Post by: damsix 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.