Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: ayatoslaw on October 18, 2018, 03:42:16 PM
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If I pay attention, every altcoin needs time to grow, but what I mean here is that when one of the altcoins grows, the other altcoins won't grow,
but it's different from bitcoin, when altcoin grows even though some or even all of them will impact on bitcoin,
I concluded like that, because it proved that bitcoin even though it had many shortcomings but was still ranked 1 in market capitalization.
what do you think about it?
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Altcoins and bitcoins two are completely dependent on another. One when growth another growing automatically. When bitcoin runs dumping then altcoins runs worst lying.
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I disagree with you. Bitcoin never depends on altcoins, only altcoins can depend on bitcoin. When its price rises, the price of altcoins also. When its price falls, the price of altcoins also falls. Analyze the market yourself and then you will understand everything.
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Well,I have noticed something else.If Bitcoin goes down,everything goes down.That was the last 2 years always the case.Altcoins depends on Bitcoin and not vice versa.
Thats the nature of Bitcoin as a first cryptocurrency in the world.
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As far as I know, altcoin prices follow bitcon, not vice versa. Bitcoin has great trust from investors, so bitcoin prices rise more easily. If bitcoin goes up, the altcoin will follow behind it.
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For me if the altcoins want to grow they must wait the bitcoin grow because I noticed that no matter how good the project is once the bitcoin price fall they are all following.