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This was a question posited on the platform Quora.

I have a profile there where I mainly answer Bitcoin and Cryptocurrency related questions.
Considering the latest bull-runs and increasing value of Bitcoin, people start asking questions.

Today I answered the question:

DOES BITCOIN GOING UP IN VALUE STILL DRAG ETHEREUM AND LITECOIN UP?

The answer is very simple:

Referring back to basics on how Bitcoin, or how most Cryptocurrencies work, this questions has a fairly straight-forward answer.

The red line here is to not look at the possible correlation.
Look at the causation (the reason “why”).

Get your basics here.

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