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RE: Bitcoin (BTC) Evening Update: Critical Support Juncture Approaches

in #bitcoin • 6 years ago (edited)

I love your posts, but it seems like we don’t need them anymore due to the fact is every altcoin follows bitcoin.

if bitcoin rises, altcoins rise. If bitcoin drops, altcoins drop.

But your posts have helped me so I’m torn.

6 years ago in #bitcoin by
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     6 years ago 

    True. But take note that altcoins can rise and fall regardless of bitcoin's price. (e.g. NEM and BNB rose in price a few days ago, even though bitcoin was quite stagnant).

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    [-]
     6 years ago 

    NEM isn't an altcoin...but I get your point

    [-]
     6 years ago 

    I heard somewhere that everything besides Bitcoin are altcoins

    [-]
     6 years ago (edited)

    uhh. what? Anything that isn't bitcoin is an altcoin, whether or not how good or bad the altcoin is. We're talking facts here.

    [-]
     6 years ago 

    "NEM isn't an altcoin" Uhh, you're gonna have to qualify that statement.

    I'm generous and move beyond BTC to include the top 5 or so, but beyond that you'd be in altcoin territory.

    [-]
     6 years ago 

    Some revision here,
    if bitcoin rises, altcoins a little bit rise. If bitcoin drops, altcoins much more drop.

    [-]
     6 years ago 

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