Post
Topic
Board Speculation (Altcoins)
Re: Is it bad for altcoin that BTC is dropping
by
King Bounty
on 29/11/2018, 21:50:57 UTC
Bitcoin price is constantly dropping for the last several days. What effects are putting it on Altcoins ? Is it bad or good ?

in my opinion the effect on the altcoin is bad if the price of Bitcoin continues to fall, because if the price of Bitcoin down then the price of Altcoin will also come down, because Altcoin prices are still influenced by the price of Bitcoin, so if the price of Bitcoin rises then the price of Altcoin will rise and if the price of Bitcoin falls then the price of Altcoin will also come down, therefore why many people expect the price of Bitcoin can increase again.