Post
Topic
Board Altcoin Discussion
Re: why is bitcoin increase much more than altcoins?
by
fakegurutu
on 02/03/2018, 23:03:25 UTC
Guys
I just wanted to discuss topic  about the price after crash . Before crash bitcoin dominance was 34 percent  but now 40 percent . I was thinking as long as bitcoin increase altcoins will rise up as well however it doesnt happened exactly ,when bitcoin falls altcoin falls down moreand more  but in opposite doesn't increase as much as bitcoin.


it was because theres a lot of investors investing  for bitcoin. They invest a lots of money hoping to have it back doubled or triple or quadruple. Thats why the sudden rise of the value of bitcoin is much more faster than those other altcoins however if bitcoin goes down, most altcoins goes down to due to the fact that these altcoins were dependent to the bitcoin, because bitcoin is the leader of all altcoins and most exchanges needs bitcoin before rhey could become fiat or cryptocurrencies.