Quote from: Zicadis on June 02, 2017, 06:28:22 PM

Quote from: johnwest on June 02, 2017, 04:49:11 PM

Quote from: RealPhotoshoper on June 01, 2017, 06:25:17 AM

Quote from: Humanxlemming on June 01, 2017, 05:52:15 AM

Quote from: viking02 on June 01, 2017, 05:14:55 AM

So basically whenever bitcoin goes up, altcoin goes down and vice versa?

Yes technically if bitcoin goes up. Then we can say that many altcoins would goes dump becuase of many trades selling their altcoin and will affect theprice of it. And they will buy bitcoin as soon as it's lower and sell it high. So after bitcoin pump they will their bitcoins in higher and buying many altcoins that have affect in bitcoin pump

It is not as simple as the thread title said .
Actually the cryptocurrency market is so complicated to understand and hard to predicted.
I can say it is feel like random market and even manipulateable , so the topic is wrong for me personally.

Yup. It is obvious and most of the newbies know about it. The BTC price has become the base price for all other altcoins and if BTC rate has doubled over time then the altcoin exchange range could not be the same, think like that, So it is quite obvious.

thats one fact for sure, Bitcoin price is the base price for all other altcoins, but bitcoin value is not directly proportional to what altcoins are valued for... I say this because in most cases when bitcoin price dips its no guarantee that altcoins will enjoy a rally as response to a dip. Maybe when bitcoin price goes high , its time to buy weaker/cheaper altcoins and not dumping the alts.

But why then do others use a greater degree of altcoin and do not really want to sell Bitcoin today? Probably in reality it makes sense to deal with both of them but I still can not figure out which one was not difficult for me and most likely I will listen to other forum users.