Re: what does $1000 bitcoin price mean for altcoins?

It's completely common is bitcoin trading history because all other altcoins have completely depend on bitcoin so they need to take break until when the price of bitcoin will settle at one point.But really it will effect all other altcoin investors also due to rise in bitcoin price.

I do not see any vast difference in the price and the price parity wont affect the rest of the coins ,bitcoin is gaining momentum and so does many other coins but the alt coins btc prices has being a difference but the over all status is not that bad as some things it is.Yesterday Monero had a decent rise and so does Iconomi and several other coins .It trading and you are bound to see those rise and falls.

If the bitcoin price is high and many people cannot afford it, some people will buy the altcoins. So it is good for the altcoins.

This make no sense. People dont have to buy whole bitcoins.

It doesnt have any sense and not relevant to the topic too. Bitcoin can be bought even on small amounts and not necessarily to buy a whole bitcoin.Seeing on the current state of bitcoins price its indeed on high price now and altcoins price is dropping this might be the effect but it doesnt mean that their prices would remain still as bitcoin price would stabilize then thats the time for altcoins thats only for those who have potential on the market.