This post was co-published on my Reddit account
If Bitcoin goes down, it takes all the altcoins with it.
Frequent checking of the BCH price against BTC will reveal that BCH became even less valuable against BTC as it fell.
In other words, when Bitcoin contracted, Bcash contracted worse. The Bcash attack backfired in a big way. And as the BTC price has recovered, the BCH price made a smaller, but still significant, recovery in its wake.
A rising tide lifts all boats, and a falling tide sends all the boats crashing down.
If you want your altcoin to succeed, attacking Bitcoin is entirely counterproductive.
I hope we all learned our lesson.
This is what i have experienced so far in altcoins. When BTC was in super bull run altcoin was bleeding and now when btc is getting down again the altcoin is also bleeding although not all but some are still bleeding.
SO what to choose and what to do is purely the basis of knowledge and development.
What I see going ahead is that BTC will be somewhat in range trading in 2018 in between 12000 to 25000 and I think 2018 will prove to be the best year for altcoins.
Thank you @talanhorne
@talanhorne - Sir it's a good discussion... Nice you decided to share it Sir...
+W+ [UpVoted & ReSteemed]
good topic @talanhorne. bitcoin change of time anytime.
You are absolutely right bitcoin is the flagship and if it falls then everything falls
Thanks for article and good writing.
For your post propagation.
Upvote/Resteem
Thanks for the information and sharing
Upvote Resteem
It's growing too low..that growth is unsustanable..just a matter of time when its gonna go down.
upvoted // resteem
You are a good person to write.your ideas and writing have been fulfilled.
This is great article and good advice.
(((((( Resteem service)))))
Wonderful post @talanhorne,,,,,,,,,
great writing experience.
resteem
You giving great information of cryptos. Need to think more. Thank you @talanhorne.
great lesson to be learn by big whales i will never ever attack btc
Yeah! I completely agree with you my friend. We have to make a strategy and work on it to achieve our goals. Great concept as always. You are so talented @talanworne. I learn lots of things from you. Thanks for sharing this post.😊💙
Have a glorious day!!💚
Wonderful post of bitcon . good article
Thnaks @talanhorne
Have a nice day
This article is professional & Excellent writing . so great experience.
Thanks @talanhorne
100% like and resteem
why this is so. if the bitcoin increases then other altercoin also increases but with little ratio but when BTC decreases then other also other alter coin decreases but with more ratio.
Such a wonderful blog .very good information and useful. @talanhorne
@talanhorne ,, you are right talk in BTC and you have collected in BTC information,presented some awesome and very useful information. i am very happy on this article....upvoted
This is why Just HODLLLLL
See for bitcoin 2018 is not going to be the same as 2017, as you know future market has open that means margin and short trades are in and it will not let the bitcoin price to make one way journey and there will be considerable up/down move in 2018.
Thank you. steem on and stay blissful.
this is really a nice information you give about the bitcoin attack :)
Great information my friend and amazing concept. I completely agree with you. I am new here, so I learn more and more things about Cryptocurrency and bitcoin market. We have to target a point to find our success route. You are so much talented @talanhorne and a professional writer too! Thanks for sharing this post.😊💙
Have a good day!
Merry Christmas!🎁🎁🎁🎁💙💙
Wow...nice to see again best and famous Raider and Tara....
@
yeah i learn something from your lesson.
have a good christmas and also Happy New Year.
“In order to have scaling problems, you need to have scale.”
Well said.
I never said that.
keep calm....everything will be solved........
@resteemed
Yeh i also agree with you.
Very important topic you discuss today. So i would like to thank you 1st.
After that i totally agree with you. I think bitcoin as a mother coin of all. So trade with it is a good thing. Thank you.
Oh yes, my friend, you have just developed the skills of an experienced crypt holder and you are absolutely right, Bitcoin is the basis of crypto currency and the blows on it will always be accompanied by losses for all other coins, and vice versa, the take-off of bitcoin will inevitably drag everyone up, certainly not right away it is a fact! Thanks @talanhorne for the great post!
you are right, i've noticed that the decrease in btc value even affected the value of sbd and steem. now with its value rising again, sbd and steem's value is rising again. it's simultaneous process
nice infornation
Because alt coins price follow the price of bitcoin.
Thanks for share @talanhorne
Re-steemed
what you are telling is true
bitcoin still looks solid,in this case we are comfortable
:) long live bitcoin!
Nicely said time to learn from this and don't attack bitcoin
lets pray for bitcoin so that altcoin dont go down
Congratulations @talanhorne
Now you are in the MinnowsPower Loyalty Member List...!!!
Exceptional market analysis & useful advice...!!!
50% Upvoted by @MinnowsPower
Bch fall and down was enough for this analysis now no one wanna do this again
@talanhorne,
Price of BTC is a great topic to discuss! I hope it will rise again as usual!
Cheers~
lesson learnt forever no doubt
Hello @talanhorne,
Extraordinary good post and analysis of current crypto market & it's trends. Wish you a merry Christmas too.
~@mywhale
the boat is all lifted up and will take everyone down thanks for sharing
merry christmas
Your knowledge & analysis skills are fantastic. Excellent writing.
~Followed & Upvoted
bitcoin is the mother currency how one can attack it :)
merry christmas dear @talanhorne
very interesting post, thank you for sharing the experience, I really like your post and I wait for the next post
Bitcoin brings all the other coins down with it because most other altcoins are traded with BTC so if BTC values less all the other coins will value less too.
Great thing to learn and thanks for sharing !happy Christmas!
excellent description. nice review & merry x'mas & enjoy the holidays @talanhorne
@resteemia
resteemed & upvoted & commented & followed
Extraordinary post we should learn this point and go on ahead
wish you a Merry Xmas.