Post
Topic
Board Altcoin Discussion
Re: Which Altcoins are not affected by Bitcoin?
by
Hui8
on 21/08/2018, 16:23:47 UTC
It is most times seen that whenever there is a drop in price of bitcoin, there is likewise. a drop in price of Alts as well. Which Alt is not usually affected?

Well since bitcoin is basically at the core of this market, i don't think there are any alts that won't be affected by bitcoin's movements. It has been historically proven that the market reacts to what happens with btc. At least for now we can safely assume that

Well, you are not wrong with what you just said but it is not perfectly true mate because there are many cons out there which doesnt depend upon the BTC itself.

Have you ever seen the market reaction to the BTC ? Yes, you might have seen those graphs moving with same pattern as that of the BTC and thats a perfect match if seen from the CMC overview tab.

But have you gone above Top 100 coins and have seen the graphs at that time? There is whole new world out there which is unexplained and thats because they have completely different type of volume at the time and they are not even close to how BTC is behaving. They might be pumping heavily and some of them might be stable while some down to bottom.