Quote from: bratbu on February 24, 2018, 08:44:03 PM

Quote from: gates on February 24, 2018, 07:57:01 PM

Hi guys, I understand that this question is probably obvious, but I'm wondering. What is the actual principe of Altcoin and Bitcoin relation? Why when Bitcoin price falls, Altcoin price falls too and vice versa?

Bitcoin is the foundation of all the cryptocurrencies,altcoins are being traded with bitcoin that is why these altcoins rely into bitcoin's price it means if Bitcoin has moved regardless it is going up or down most common reaction of the altcoins will bleed,the only time that these altcoins grows is when bitcoin's price has stabilized or gone sideways.

This is true,i have noticed that whenever Bitcoin has move regardless if it going to bull or bearish the altcoins are bleeding and you are right with your statement these altcoins are growing whenever bitcoin has stabilized,eitherway we should stick with bitcoin and solid altcoins when the marketcap is failing so we wont be trapped with most of the shitcoins in the market.