Post
Topic
Board Speculation (Altcoins)
Re: bitcoin down, altcoin rise. why?
by
MaidaKalani
on 13/06/2018, 22:08:28 UTC
I think if the bitcoin falls, then altcoin will decrease as well. Since bitcoin is the parent of other cryptocurrency currents the bitcoin price movements become the benchmark of other cryptocurrency prices, if bitcoin prices rise then altcoin will also rise as vice versa if bitcoin prices decrease then altcoin will also fall. Very rarely do I see altcoin experiencing significant good as bitcoin decreases.