Quote from: michellee on Today at 05:54:30 AM

Quote from: Bitcoin Miners on Today at 03:35:04 AM

Quote from: M Sarwar on August 17, 2020, 03:24:32 PM

After much speculation the value of bitcoin has been $12,000. Bitcoin is currently priced at $12,000. Bitcoin has actually been able to show that bitcoin is the king of the crypto world. As the price of bitcoin has risen, so have the prices of other cryptocurrencies. Ethereum, Litecoin etc coin prices have risen. What is going to happen in the market. What do you think about all this cryptocurrency? Let's discuss in detail.

Now, I see this market is depending on Bitcoin's price so much, and the price of Bitcoin will affect directly to Altcoin's price. And Bitcoin's price are going with the price of Gold. So, should follow the market of Gold everyday to know the trend better

I don't know if bitcoin price following the gold price or not, but bitcoin is stand alone, and the price moves because of the sentiment at the market. What we get in out there can impact Bitcoin price because we need money, and we have bitcoin and altcoin. So when we need money, we will sell something that can help us have money, at this time, we will sell bitcoin.

btc and gold are like a twin . difference is gold created first and it means its marketcap and its acceptance is more wider than btc but btc is heading that way .sooner btc will have the same level as gold .

btc follows the price of gold but not its stability because gold glued its price while btc is like a getting tickled because it cant stay on the same price .