Post
Topic
Board Altcoin Discussion
Re: Why do Altcoins not gain when BTC lose ground ?
by
pawanjain
on 25/07/2017, 13:33:20 UTC
Im confused too why this things happen  Grin, if I remember last year when BTC pump altcoin dumps and when BTC dump altcoin pump , but right  now there are moving in the same trend if BTC dump altcoin dump much  more Grin.
This question bothers me too. What i have noticed is when the price of bitcoin goes up , the price of altcoin goes down and when the price of bitcoin goes down the price of altcoin goes up. So i think its invesely proportional to the price of bitcoin. But sometimes the prices go oppposite. So there is no fixed equation to the proportionality of their prices.