Quote from: batturkey on January 26, 2018, 07:37:10 PM

Quote from: naftaman on January 26, 2018, 10:39:09 AM

Hi guys, BTC is going down again today.
I don´t hold any BTC because I don´t see future in this coin, but...
Always when BTC is going down so everyone else, do you think that in case of dramatic fall will every other crypto go down too?
And it brings me another question, when people sel their BTC, where the money goes? Do they make instant withdraws in USD and get out of the trade completely? Cos if BTC is going down some else should rise but whole market is on decrease.

Most likely YES, since mid.2017 Alts and BTC correlated positive. in 2016 it was different but like I said since few Months if BTC fall, everything's falling as well.

There doesn't seem to be any other coin that is trying to outrank Bitcoin, they all use Bitcoin as a trading pair.