Quote from: posoa on December 03, 2019, 12:14:09 PM

Quote from: 7788bitcoin on November 29, 2019, 06:03:10 PM

Quote from: DashingAgent on November 29, 2019, 11:50:22 AM

When BTC dumps, all other coins also dump, it is worst thing because even if bitcoin dumps, then it should not effect the other cryptocurrency price value in BTC. i,e when BTC dumps the price value of altcoins is also drops while it should increase because btc downs. When people will realize it that it is not in their benefit?

You can call that any theory you want but the fact remains that bitcoin is the only coin the market that can be trusted and the rest of the coin revolve around the value of bitcoin and if people start selling bitcoin the rest of the market will go down as well and that is what we are seeing for years as long as the alt coin market came into existence. Most of the people are not long term holders and they will trade according to the market sentiments and that is why you see big drops in all the market.

in fact calling Bitcoin Dump is not a good idea, yes over the years bitcoin have played a significant role that has gone a long way to make it a model to other cryptos. Why is it that when the price of bitcoin falls all other coins are affected ,it is because Bitcoin Ranks the best of the crypto coins in existence. Also most Investors are aware of the Volatile nature of Bitcoin,and with this in mind, it calls for investors to either invest for Long term or short term so as to be able monitor their investments and at long run will not come out to call Bitcoin names like Dump -the worst thing.

Yeah no one can put doubt on the value of bitcoin as since long we know bitcoin is the best coin and no Altcoin had ability to beat bitcoin. I never become worried about the price of bitcoin even if it falls we should just trust it and hold it as long as possible. It has the most volatile nature so we just need to take advantage by buying low price and hold at dump after sometime it all will rise again.