Quote from: lifesgood10 on July 06, 2018, 10:00:59 PM

Quote from: jamesashmore1964 on July 04, 2018, 03:31:08 PM

This is my observation or am I dreaming!
Usually price hikes in Bitcoin have MORE positive price movements in ALTs: This time it is not playing out like that. This could have a negative impact on the Bitcoin price!
I could say more but I will leave it at that!

Do not be surprised
The price of altcoins can only hyke when there is a significant demand for the token
A pump occurs when demand is more than supply

But altcoins supply are more than the demands so probability of rising is 0%
Just focus on your trades and profits and neglect those small pumps

The market also affects by the price of bitcoin. Did you notice that when bitcoin dumps other altcoins down too? Because bitcoin upholds the 50% of the market and any fluctuation that BTC does will result also to a certain change in the price of altcoins.
We knew already that demand affects the price but the altcoins depend in the price of bitcoin, if the investors are waiting for the bitcoin to pump, there is a tendency that they can buy more altcoins too. Therefore, it depends again in BTC and ETH.