Post
Topic
Board Beginners & Help
Re: BITCOIN AND ALTCOIN
by
pinkpanther03
on 30/10/2018, 16:54:35 UTC
I have realized that whenever  the value of bitcoin drops in the cypto market almost all the altcoins' values also drop. Bitcoin is and has been the father of all cryptocurrencies but i still do not get the relationship and the rationale for the effects of bitcoin value on altcoins.

you know what mate, never compare Bitcoin into altcoins. It is because Bitcoin is the original and became the reference of altcoins in this industry. Bitcoin was a virtual currency while altcoins are the utility tokens. Just like what you just said that Bitcoin was the Father or Mother of currency which is I do really agreed very much. Smiley