Post
Topic
Board Altcoin Discussion
Re: Why Altcoins fall when Bitcoin Falls
by
semobo
on 20/01/2018, 07:49:54 UTC
I am trying to understand why altcoings are fall. Is there any way to see altcoin prices independent from Bitcoin? If demands are get higher for an altcoin while Bitcoin falls, do you think altcoin will get more value. I am newbie and trying to understand.
Any coin can be expensive as bitcoin if they have same demand as the bitcoin holds.There is no connection between any cryotocurrency prices their price will be based on their demands respectively.Sometimes all the coins will fall when fake news spreading like bitcoin was banned in some countries then people will get panic and sell all their coins so the supply increases demand will decreases so this is the cause when bitcoin falls,the price of altcoins are also falling.