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Author Topic: when altcoins stop following bitcoin price ?  (Read 2230 times)

Offline Zsangx12

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when altcoins stop following bitcoin price ?
« on: September 29, 2018, 07:27:56 PM »
As we notice that almost all the altcoins follow the price of bitcoin . I'm just wondering when they will become independent and don't follow the bitcoin price?

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when altcoins stop following bitcoin price ?
« on: September 29, 2018, 07:27:56 PM »

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Offline ayatoslaw

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Re: when altcoins stop following bitcoin price ?
« Reply #1 on: September 29, 2018, 07:49:16 PM »
altcoin won't be able to run from btc, because btc is currently the mother of cryptocurrency, so the price of the altcoin will continue to follow bitcoin,

Offline Hope15

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Re: when altcoins stop following bitcoin price ?
« Reply #2 on: September 30, 2018, 06:52:53 AM »
I think altcoin can't be independent bitcoin is the center off all coin/token in cryptocurrency they depend the price of bitcoin so altcoin must follow next to bitcoin.
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Re: when altcoins stop following bitcoin price ?
« Reply #3 on: September 30, 2018, 09:27:39 AM »
altcoin won't be able to run from btc, because btc is currently the mother of cryptocurrency, so the price of the altcoin will continue to follow bitcoin,
I do not think so, Bitcoin is just the beginning of blockchain technology, which will later have more coin with better technology that deserves more investment and will replace Bitcoin, which can not be changed.

Offline yousufatik

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Re: when altcoins stop following bitcoin price ?
« Reply #4 on: September 30, 2018, 10:05:30 AM »
all exchanges use BTC as main currency, even ETH doesnt have that much markets in this markets or USDT (ot TUSD) if this logic changes, altcoins can be independent otherwise there willbe some movement independent from BTC but it wont mean they gained their independency...

Offline Kadal Mesir

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Re: when altcoins stop following bitcoin price ?
« Reply #5 on: September 30, 2018, 10:23:30 AM »
As we notice that almost all the altcoins follow the price of bitcoin . I'm just wondering when they will become independent and don't follow the bitcoin price?

I think It is difficult, altcoins cannt stop following bitcoin price. Because Bitcoin is the King if crypto currency.

Offline Aulia10

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Re: when altcoins stop following bitcoin price ?
« Reply #6 on: September 30, 2018, 01:09:31 PM »
altcoin will never be able to leave bitcoin because it is the mother of an altcoin.
altcoin is created in pairs with bitcoin .

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Re: when altcoins stop following bitcoin price ?
« Reply #6 on: September 30, 2018, 01:09:31 PM »


Offline cryptothief

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Re: when altcoins stop following bitcoin price ?
« Reply #7 on: September 30, 2018, 06:43:47 PM »
Bitcoin dominance did start to drop as the overall market was rising, but with the current bear market, it has only increased again. I think it will maintain it's position as a clear market leader for some time yet, but would like to see it dropping below 25%, that would be a sure sign of the market maturing. While one coin has such influence, it's difficult for even the best projects to break free from it's grasp. Hopefully over the next year it will make tentative progress towards that anyway.
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Re: when altcoins stop following bitcoin price ?
« Reply #8 on: September 30, 2018, 08:33:30 PM »
There is a possibility for altcoins to stop following the bitcoin price but it is not in the near future. Altcoins must strengthen its influence and values to separate from bitcoin. I think it will give impacts for crypto market if altcoins can stop to follow bitcoin. 

Offline gribble

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Re: when altcoins stop following bitcoin price ?
« Reply #9 on: October 01, 2018, 04:28:57 AM »
I think altcoin won't be able to leave bitcoin because bitcoin is the mother of all cryptocurrency. so the price of the altcoin will continue to follow bitcoin. if altcoin stops following the price of bitcoin. it will not be possible in the near future because the altcoin must strengthen its influence to separate from bitcoin. if altcoin can stop from bitcoin then it will have an impact on the crypto market

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Offline chapcha

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Re: when altcoins stop following bitcoin price ?
« Reply #10 on: October 01, 2018, 10:34:01 AM »
In my opinion, the value of altcoins will still depend on the value of bitcoin. This trust in large enough bitcoin will lead to the value of altcoins. If confidence in bitcoin decreases, then confidence in the altcoin will also decrease. That's why altcoins cannot yet become independent.

Offline 88percent

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Re: when altcoins stop following bitcoin price ?
« Reply #11 on: October 01, 2018, 11:08:15 AM »
When that happens. It will definitely benefit Altcoin. But I don't know when Bitcoin can release Altcoin and make altcoin stand alone. What is clear is long enough and will be difficult for Altcoin to be able to be independent as long as Bitcoin is still alive and active in the Crypto World.

Offline PhiliPPs

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Re: when altcoins stop following bitcoin price ?
« Reply #12 on: October 01, 2018, 11:24:11 AM »
In my opinion, such a change will not happen soon, so for the next couple of years we will have to watch as other coins follow the movement of Bitcoin!
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Offline Cryptos Investors

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Re: when altcoins stop following bitcoin price ?
« Reply #13 on: October 01, 2018, 11:26:41 AM »
I don't think it will happen because however the bitcoin is the king of cryptocurrencies, the other altcoins are just copy cat of bitcoin. Usually bitcoin always be the winner in the price all of cryptocurrencies always follow the leader of bitcoin.

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Re: when altcoins stop following bitcoin price ?
« Reply #14 on: October 02, 2018, 10:36:13 AM »
@chapcha, agree with you. Altcoin cannot escape the value of bitcoin because bitcoin is the first crypto currency to be created. Bitcoin has quite a lot of communities, that's why bitcoin will always have price effects for altcoins.

 

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