Quote from: El duderino_ on December 25, 2018, 10:42:46 PM

Quote from: BTCMILLIONAIRE on December 25, 2018, 07:08:22 PM

Quote from: maser82 on December 25, 2018, 11:19:52 AM

Quote from: dutchlincoln on December 25, 2018, 10:55:04 AM

Quote from: Majormax on December 25, 2018, 10:12:06 AM

Quote from: dutchlincoln on December 25, 2018, 09:18:10 AM

When btc gets a dump, and the same microsecond the alts get a dump as well, it cannot be people being greedy/fearful, right? it must be a coupling in some form to the mastercoin, btc?

im not saying anything about the intrinsical value of an alt itself, nor if its a good or a bad alt, but just these fluctuations intrigue me and i dont really understand...

Not sure I understand your question : the answer seems self evident :

There is trading constantly on multiple exchanges 24/7, every second of the day. The alt prices (on coinmarket cap or whatever) are based on 'last trade' for a number of exchanges. The trade is in BTC, that is converted to $$ in the quote. If BTC $ price changes, then so must the alt $ price, even if there is no further trade.

If a bid/offer is hit then the BTC price changes as well.

i appreciate the explanation, and it seems fair in regards to $$ value, but thats not what i meant, and thats also the part i dont understand.

When bitcoin makes a pump or a dump, the alt varies in BTCprice as well, and thats strange to me. (as your explanation (as far as i understand) states the $$ price must go up and down seems logic as the BTC value varies in $$ value. That makes sense. But why does the BTC value of the alt change so much as well?? Thats double... For instance: when BTC takes a drop of 10% in $$ value, the ALT makes adrop of 10% in $$value (logic), AND a drop of 10% in BTC value as well (unlogic), makes a total devaluation of that coin of 20%..)

The user BTCMILLIONAIRE explained what could be the cause: When it is clear the BTC is in a downtrend you could get profits by shorting altcoins for fiat:

Quote from: BTCMILLIONAIRE on December 12, 2018, 10:46:23 PM

Furthermore, if there's any indicator that Bitcoin will be tanking it would be fairly easy to short alts for fiat and then rebuy alts at a cheaper per BTC rate with cheaper Bitcoins (obviously comes with elevated risks).

Basically, Bitcoin down = make double the money by shorting shitcoins. So the connection between futures tanking Bitcoin and altcoins tanking even more is crystal clear once you crunch the numbers.

Would merit for attentiveness, but ran out meriting the Mic whisky taster set.

Then i share Some with you... to send one in your name
BOB was very generous

Thx Bob you certainly help me out with sending abilitys (as many more do as well)
Thx a lot but i Will not hoard them .... just keep spreading them in Fun, good, appropriate post etc

3800ish a good candleMIC closing for this evening

A pump would be Nice (especialy this week when we have our run up to newyear)

Best thread on BTCT. Also merry Christmas.

Edit: Oh, Boblawbraw ninja'd me some merits as well. Thanks!