hallo all, i want to ask how do you opinion about the increase of bitcoin price would it be bad for altcoin in ALTCOIN / BTC pair?
because every bitcoin price increase is definitely the ALT / BTC or altcoin pair per bitcoin is down, will it cause a huge loss? or it is profitable for those using ALT / USD
on alt/usd terms its more profitable, but not in alt/btc terms,,
because when bitcoin going high, most of altcoins will converted to bitcoin, this will make the value of altcoins decrease in btc terms
but, when the market cap already growing i believe most of good coins will increase its value in the near time