Quote from: KyberJaxx on December 12, 2018, 05:25:20 PM

Altcoin price is very dependent on Bitcoin. If Bitcoin grows by 20%, then Altcoins can grow by 100-300%. and also in the case of a fall

No thats that not true . based on what ive notice when btc rise , altcoin also rises but not too much . same as when btc falls but there were also times that altcoin and btc are going independent or they are moving on their own way .

Until now i dont really know the reason on why it is happening because what i know is that btc value is based on usd or any other local currencies and we also used fiats when we buy btc but in the case of eth , we only use btc and the value of eth is also measured in btc