Post
Topic
Board Altcoin Discussion
Re: Altcoins are not independent!
by
buwad suka sili
on 25/07/2018, 15:53:42 UTC
How many studying this forum, I see a lot of topics, such as:
"Ethereum is dead?"
"Achieving Etherium$ 15,000 or more this year?"
"The price of Litecoin will reach 400?"
"Why is EOS falling?"And many similar questions.. I want to give an explanation of what is happening... Everyone should understand that individually neither Etherium nor Litecoin, virtually no cryptocurrency will not go against the General mood of the market! That is, where the most important cryptocurrency Bitcoin is sent, all Altcoins follow it. And if now the price of Etherium is 430$, although at the peak reached 1440$, then this does not mean that the Etherium died, and this is primarily due to the fact that Bitcoin at the moment is not worth 20000$, as then, but 6000$. And only Bitcoin begins to come to life, once the entire market is green. I understand that for many this is not news, but I hope this information will be useful to someone...


But what happen recently that bitcoin price is seems to a bull run and the price of all altcoin is still a negative results so I will conclude that these are an independent Coin.