Post
Topic
Board Speculation (Altcoins)
Re: Is it bad for altcoin that BTC is dropping
by
gundala
on 20/11/2018, 22:02:34 UTC
the decline in BTC prices will be very dangerous at the altcoin price, because it often has an impact on the decline in prices of altcoins, but when BTC increases in price, only a few altcoins can return to price increases like BTC, so that's a terrible thing for me for altcoin
You are right. As a pioneer, Bitcoin is very influential on changes in altcoin prices. Throughout this year bitcoin has tended to decline, although there has been an increase but not too significant. Some altcoin have similar patterns, some fall deeper. Issues and speculations are very influential, hopefully, there is another miracle so that prices can improve and the market returns cheerfully.