Bitcoin Forum

Bitcoin dominance is above 65% which is something unusual since Altcoins started getting more interest from investors. It also seems that this percentage is increasing steadily for quite some time now. This is not surprising since Bitcoin was the most profitable coin in 2019 and people don't take the risk investing in altcoins anymore,they realized that Bitcoin is less risky as the price almost always eventually recover afterwards when it comes to BTC.

So what  to do you think? Are altcoin getting boycotted,giving Bitcoin an increasing dominance from now on?

People are afraid to put money into the lottery, which altcoin market right now is.

People are just less willing to invest into cryptocurrencies as a whole due to current market conditions, let alone altcoins which are generally more risky than investing in a larger coin like Bitcoin. That's certainly contributing to Bitcoin's rising dominance as money's starting to flow out of alts and back into Bitcoin again. Just seems like there's been less interest from buyers in altcoins over the last few months in general as well, considering BTC dominance was rising even before its USD price started shooting up towards $13k.

that happens because most of altcoin is indeed in a difficult condition to go up. it is true that bitcoin can always recover quickly even though it has just fallen. but remember, forget altcoin with high prices such as etherum, litecoin and others, there is also altcoin at a low price but actually has a pretty good percentage increase. just call it xrp and doge. if we observe the market, actually xrp always puts pressure on the pump upward during this bear market period. so to be more visible, we do have to see the highest altcoin to go up.

Domination is indeed very high for now. But the altcoin market will adjust if bitcoin dominance decreases gradually. There will be time for altcoin to recover prices. For now the market does not provide more space for altcoin. There are only a few altcoins that survive and remain in demand by investors like ethereum.

Not really. Many altcoins are getting boycotted because they have no growth anymore. That is something majority of the altcoins deserve. But there are also altcoins that are still improving and providing services to the cryptocurrency community. It is not hard to think that the likes of Ethereum is more of an asset than a liability in the crypto community. Bitcoin dominance is prevalent because of its anticipated bull run in the end of 2019 and or the early weeks of 2020.

It was even touched almost 70% and it was going back again to 65% and that means if altcoins are not yet boycotted. Just because it was getting a little increase in bitcoin's dominance and you can take a conclusion if the altcoin market has already boycotted. you can see that from this chart
https://coinmarketcap.com/charts/#dominance-percentage

People are still buying altcoins for the speculation purpose and only a small percentage that use altcoin as an investment. That's why altcoin was loosing its dominance because people are moving their portfolios to the bitcoin.

year-end momentum is more to unloading containers to rearrange and calculate what traders get throughout the year. so domination is likely to change again.

if dominance turns out to be 50%, then the market will start trying to induce profits with altcoin starting from the top coins as a trigger. It won't be long before bitcoin returns to a new situation. I am not sure that the current dominance is positive, just an ordinary situation that happens every year, very far from opinions about boycotts and so on, will still go down.

For now Bitcoin is a safe choice, investors will definitely want to secure their funds. But I see the movements of some altcoins are still positive, so in my opinion altcoins aren't boycotted but only need time to prove that altcoin is also a good choice

Many people affraid of being lost so they decided to get back to what is the first crypto currency which is bitcoin.
They are not boycotting all altcoin  but the one who has crowdfunding because many people lost with that investment for the past years so they dont want to risk anymore money in it.

no need to boycott altcoin just let new users come in the future, i believe it will really come to make altcoin prices recover again like before, but keep in mind bitcoin always has dominance for everything, no need to boycott anything because usually when prices start rising then users will continue to increase, I've seen that before

No need to boycott altcoins for Bitcoins can recover back, usually what happens is where Bitcoin flies altcoins follow. Or now will never happen? Or need an altcoin that always grows new should be at the stop?

The cryptocurrency market is not about boycotted or not, but how people can get benefit from owning it and by having Bitcoin they realize that they will benefit compared to altcoin, which is the process of choosing which one will give benefit more difficult because of the large number of choice.
Bitcoin will continue to dominate as long as there is no Altcoin that the market sees has the same potential as Bitcoin or even more.

altcoin will not be boycotted, it's just that now people are still hesitant to be on altcoin because there is no response to a significant price increase. altcoin will still be there, it's just that investors are waiting for that moment for altcoin to increase and they will be in altcoin again

The dominance of Bitcoin has increased in the last 12 months which is not expected for the growth of cryptocurrency. It means that altcoins are becoming worthless gradually which is very bad sign for altcoins. I hope altcoin dominance will increase in the upcoming days.

Just people are being pessimistic to majority of the altcoins and seeing that most of them are underperforming it does make sense to see the increase of bitcoin dominance to 65% or above. Bitcoin is still the most valuable crypto as of now and a relatively safer than any altcoin ever existed in term of investment so I think it's just the market that decides these alts real value which is actually less than when it got hyped up too much.

What do you mean boycotted? Altcoin might be slowing down because of various reasons

(1) altcoin market is down because investors are reluctant and scared to put their hard earn money because of the worsening market conditions

(2) scam projects 90% of them are just running projects that is purely scam

So smart investors are getting into BTC because it is a safe bet for them.

Maybe we will see altcoin season again, but it really depends on bitcoin in the future, specially that bitcoin halving is coming up next year. And I'm sure that when the market conditions improved, many altcoin investors will get back to their favorite pump and dump schem.

Altcoin won't be boycotted, it's just not the time. Altcoin will get a chance when it will rise. Bitcoin dominance is indeed quite high. But we can still invest through popular Altcoins like ethereum, XLM, XRP, DOGE, TRX and many more. Now you will get a cheap price and get a lot of profit when altcoin starts to rise and the price will be stable.

I think this has nothing to do with the boycott, because in my understanding the boycott is to refuse cooperation. Does altcoin cooperate with bitcoin? I do not think so. Even if prices are down or up, people will still buy altcoin according to their own understanding. And it will continue like that forever. Because in this case there is definitely an opportunity for them to seek profit. So I don't think this is something that should be thought about seriously. Just relax: D

The dominance is very high therefore it is a big fact that most of the investors right now are favoring to bitcoin compare to altcoins but I can say that it will not last long especially if the market will start to recover then other investors will surely shift their investment to other coins/altcoins.

This happening is because of the market condition, if you follow the peak of 2017 then you can say that this happening is absent but right now that we are almost at the bottom then it became present. Let's just hope that we can recover next year so we can see whether the altcoins were being boycotted or not.

Most altcoins are currently dimmed in value, but in certain altcoins  like ethereum, Litecoin, Doge, XRP, BNB and many more there are still interested people to trade, investors are still interested in these coins. Who survives then he is the strong though Bitcoin dominates, but altcoin must be able to survive in all situations if want to still get the hearts of traders and investors.

Certainly altcoins will continue to exist alongside bitcoin. Bitcoin is like the gold of the cryptocurrency market but it is too slow and expensive, needing other altcoins to solve problems that Bitcoin cannot do.
Besides, the cryptocurrency market also contributes a lot of altcoins. There may be many altcoins lost in the future, but I will definitely have other altcoins instead.

I can never really see BNB in the same class of all the others you just mentioned. Yes, even Dogecoin to me is superior as an altcoin and a crypto. BNB is just a token in my eyes.

Even XRP I have some because of speculation, and because I know they can be around for a long time. You talk about hearts of traders and investors, but you don't say anything about community? Is it because you know BNB doesn't really have one like ETH or LTC?

Not just in 2019, Bitcoin has always overshadowed altcoins, but this year and the last, altcoins performed or are still performing poorly in the market, it's now too much of a risk to invest in them, that's not connoting that they are being boycotted, it just simply means that there are less people investing in them, and also the bitcoin, it's a risky market, but the risk is more evident in the altcoin market.

investors lost huge money in altcoins last few years.That's why people afraid to invest in altcoins and investing money in bitcoin.But few top rated altcoins is doing well.Now a days investors investing money in top altcoins.If you see that BNB,ETH,LTC,NEO is doing well.But after scam ICO and some projects didn't survive and run away.That's why investors only giving priority in bitcoin.

no, altcoin is not boycotted. in my opinion, Altcoin is an alternative coin to get Bitcoin. Why? this is one way to collect bitcoin with various kinds, one is to invest in altcoin and ICO / IEO. after they benefit. investors will invest in bitcoin which has a smaller risk. so the volume of bitcoin is increasing. while altcoin continues to decrease. besides, altcoin fluctuation is very large. so many investors are afraid to invest in altcoin.

How can we say the altcoins are boycotted when the market cap of the altcoins are in the tens of billions of USD? If the altcoins are boycotted then we should be seeing a market cap which is not even reaching one million USD. But that is not happening. One of the reasons is, as you have mentioned, the altcoins could be one of the ways to increase your Bitcoin holdings. That is also what I am doing. I buy an altcoin when the price is low and then sell it when the price is high. The prices I am referring to is in Bitcoin and not in USD.   

It's not getting boycotted, exactly. You've said it yourself, it's because people are now realizing that bitcoin is less risky because we know if there's dump, the pump follows not too far from it. That might be why people are hesitant to invest their money on altcoins, since we've seen a very deep downfall pretty much everywhere.

Especially this past few years, altcoins has quite the worst performance it seems. That's the more reason bitcoin always above them all.
But, if you look closely, there should be one or two altcoins that's not really affected by bitcoin's dominance. Well, we'll see if market condition will be better in time.

Bitcoin dominance is very high now but if bitcoin reaches a new ATH whales will want to take advantage of this by taking out the profits from bitcoin and putting it into altcoin, once bitcoin dominance start decreasing altcoin season will begin

Those investors who are familiar with how things works with alts market still managed to earn decent from those good alts around the market. This people are not afraid taking the risk knowing that there's still potentials if you will pay attentions with the community response with any market  movements. If you are keen to succeed following alts that inside the top 10 can still provide benefits just don't stop working and finding your opportunities.

Bitcoin dominance in the market today is more than 60% in my opinion because the market cap value is down compared to the beginning of 2018. Besides that, the number of new coins affects the dominance of altcoin in the market and I think this is not a sign of altcoin in the boycott but investors prefer to secure their investments in the form of Bitcoin

A boycott will never occur on altcoins. You certainly know for Altcoin is very complication market conditions. The basic advantages of progress and shy away from the boycotts have been lived in getting any further inflated profits. Do not just be resigned with circumstances continue to maintain a growing state will be able to awaken the progress that demonstrates the perfect thing.

Altcoin coins are not boycotted, but the market is currently not stable enough for investors to transfer capital to Altcoin, Bitcoin's capitalization is too large, making it difficult for altcoins to grow at the moment, one thing is that if in the coming time bitcoin increases up, Altcoin will increase again and investors will buy Altcoin.

I do not think so, we are the ones who cause this dominance, but who knows that? The common ideas in the market causing this dominance. Why else would we boycott the altcoins? On the contrary, the majority know that unlike bitcoins, altcoins can be more successful in reap a profit.

Every coin came from bitcoin and their price depend bitcoin movement. Altcoin is alternative after bitcoin, another way to create income and payment when bitcoin goes down and have high fees for transactions. Boycott maybe not but has low volume and price will become altcoin habit. Market still need atcoin, image if market only have one product, market will die.

Some people are cutting their losses in the altcoin market. There are too many coins, and most of them are doing badly, so it makes sense to sell before they get to zero.

I think next year it would be better to concentrate on a few alts and build their eco-system instead of chasing new coins that last for a few months and then start tanking.

bitcoin dominance is indeed very high than altcoin investors realize the potential of bitcoin in the future ,apart from that altcoin also greatly affects bitcoin and we all know altcoin also makes bitcoin superior right so there is no boycott in crypto nothing will happen mate

Seems all investors are embracing bitcoin only for now but alas it will not last, soon they will betray bitcoin and move to altcoin, if market take the turn that many expected in 2020 altcoins will be the biggest thing to talk about in crypto space

On point dude. It's not about boycotting alts. It's asset management for a lot of traders at this time. And there will be a time for alts to grow in value again. Bitcoin has had the best recovery season this year so it's a bit logical for most traders ti put their bet on where the money is. The people who are holding alts aren't moving just yet but i'm sure there will be a time for that.

Well, altcoin also needs to have developments that can convince investors to invest. however, I also think that bitcoin is more profitable than altcoin at the moment, that's why I focus more on bitcoin. but, even though I focus on bitcoin, I don't forget altcoin. When June 2019, BNB reaches its ATH and makes investors get a big profit. as well as IEO that is successful and has prices of up to hundreds of percent. in this case, I assume some altcoin is still worth noting. I'm pretty sure the next increase will not only involve bitcoin, but also altcoin.

This is very simple, just find yourself a very good altcoin and buy, they will surely appreciate in value with or without any altcoin season, i am more into solid altcoins more than gathering coins for altcoin season that might never make a come back soon

Right, because collecting altcoin and waiting for the altcoin season to arrive will only take time, because altcoin market conditions in every year will definitely be different, except for altcoin that is really solid.

Unfortunately, BTC is the only coin that delivers profit and altcoins are doing nothing but disappointing investors for a long time. There is no altcoin that raised so much as BTC did, so it is not the best choice to invest in alts instead of BTC.

Maybe for now people are into bitcoins since they want a safety investment and bitcoins known for a higher chances for pump and dump schemes that's why many people for now are preferred to invest on it rather than the other alts since for now they are not doing well and most provably many people lose to much money for huge decline coming unto them that's why they shift for it temporarily.

why do you think it will just take your time? it is obvious that if the entire altcoin market begins to show growth, then those coins that are in your portfolio will also look very good.

I really don't think the altcoins have a strong and stable enough foundation/support in order to work and be independently successful without Bitcoins stabiliziation and push.
  It seems like when Bitcoin starts to downtrend, other coins follow suit and start downtrending aswell, and vice-versa, when Bitcoin uptrends, altcoins almost always are soon to follow.

Many altcoins have been in the business of screwing investors and keep collecting their bitcoin and landing them shitty coin or scam. I lost huge fortune in altcoin. People have realized that altcoins team have been telling them a lie about the possibility of their coin been better and more profitable than bitcoin in the shortest time, we have come to realized that all these are a faslsehood. Bitcoin always come back from the dead to recover almost all.

The right term should be less interest. We know that altcoins are mostly dependent with Bitcoins prices but some did not recover at all. Investors are tend to be more cautious now than before, but as a young market theres always a room for growth expect a bloom again after the big recovery of mother of all crypto.

I don't think its like that, altcoins was not boycotted. let us consider that the dominant numbers of cryptocurrency in the market is altcoins, that's why most of its investors are scattered in different altcoin projects and that is why its not solid in terms of market size dominance. unlike Bitcoin since its the pioneering coin aside from the Bitcoin price is far more stable comparing to its altcoin counterparts it has a huge dominance in terms of market size.

poor investors with worse on english they speak with no brain to ramps the startup project of mine. i have no chance as block them on not to gains as closer into my beautiful life and let them with their decision to follows the communist idea on how they might live like animal in indonesia.

not all coins are junk, some new coins are starting to develop. there is no new platform that can suddenly compete directly with platforms that have long existed on the market. because now many new projects but using the same concept with the existing platform. then it becomes a big challenge for new projects to survive in the market because they have to compete with existing platforms. when they come up with the same situation and concept without different updates and coins. of course a market that is not strong will make them not grow even they will not be interested in the market.

This is a human factor when money flows into Bitcoin because not everyone can look at how small their portfolio is for a long time. Altcoins need good and high-quality projects, and most importantly, so that no one interferes with their development, I’m talking about higher authorities now.

Putting a lot of invesents in altcoins are more risky than grow throwing your investments bitcoins. Bitcoin has already been established, proven and more valuable assets than any other alts in the market even if some of the alts have produced something usable for the blockchain community.

Bitcoin is surely overwhelming but it does not mean that the altcoin industry will end because of this situation. Anything can happen and there's still that bitcoin's influence in the industry that is almost impossible to erase. Even people who know the least about cryptocurrencies, are more likely to use the term "bitcoin" more than the term "crypto". Yet, I still do believe that altcoins can and will survive and would be part of the futuristic society I dream of.

As for me, people are just doubting and don't want to risk buying altcoins these days because we all know that it isn't the best season for altcoins. I guess investors aren't boycotting altcoins but they just stop buying and continued holding what they have. Let's not underestimate altcoins because there are still multifunctional coins with potential.

That's true there are a lot of risk putting money in altcoins, but these are new coins and not coins that are on the top 5 coins in the market, even though Bitcoin dominance is very high, there are top coins in the market, that will narrow the gap between them and Bitcoin, but I'm talking about the top 5 altcoins, not new coins or coins that are not in the top standing.

My dear, its indeed a lottery. No matter how good you are with trading or chart reading, u can't always accurately catch the bottom of these altcoins before moon. And in some cases, it might be like catching a knive just like in the case of pundix. I am still averaging down. Buying dips but it seems to have an endless bottom. I don't blame those that rather keep their money to themselves till they can full understand the bizarre market conditions

Better to hold strong altcoins now if you still have interest in them, I believe that the altcoins that will perform very well in future are strong altcoins with good useful cases, there is still chances of making big profits from altcoins but not shitcoins anymore

Due to too much scams, investors are reluctant to put money in new coins. Altcoins market is getting restricted to just few coins like ethereum, XRP, Litecoin. I dont think there are any altcoins in the market that can challenge Bitcoin dominance.   

At the moment market is not stable, it is very risky to buy altcoin now. Even though the price went up, it was only a slight reflection, then dropped deeper. No matter how good altcoin is, you should never love it, even altcoin is as good as Matic, the price can drop -50% in a day.

they are getting REKT, and market is dying. Banks will put everything they have to deter people to continue supporting this market. And it's dying. YOu cannot deny that.

Bitcoin dominance over 65% is not unusual. It is total normal. I believe its place is between 55% and 75%.  Bitcoin dominance was for long time over 90%. Thinking that at 65% is unusual is a bit silly.

Boycotted?  I don't think so.  Boycotts are organized events, and I haven't seen anyone recruiting people to avoid altcoins, have you?

Everything in crypto is down right now, including bitcoin.  Remember, bitcoin's all time high was $20,000 and it's less than half that now.  When it crashed it took altcoins down with it, unfortunately.  However my prediction is that they'll find their way back into people's hearts and wallets.  It just takes time for these cycles to work themselves out, that's how markets work.  Investors fall in and out of love with investments, and altcoins are no different.

I don't know if the market is unstable.  It's just that prices are very depressed.  I see that as a chance to buy low with the intention to sell high.  Why wait until the market is on fire to start buying?

No, I think that over time the situation will inevitably change in the direction of altcoins, and the dominance of bitcoin will fall. The cryptocurrency market does not stand still and it develops due to altcoins. Now, just many expect the restoration of bitcoin at the previous price and therefore the level of its dominance is high. This situation cannot last too long. Funds will inevitably be transferred from bitcoin to altcoins.

There is a gradual decline in the crave for altcoins. Imagine where investors are more exposed to losses through them, it means that such factor is strong enough to reduce their interests. Although, old coins doing greatly well in the market are still being invested in, except for the new ones.

Altcoins aren't getting ignored or boycotted rather people are looking for the best ways to be safe in this space since it is obvious that many altcoins aren't worth it. Also, why it looked like they are getting boycotted is that, only few altcoins such as ETH are performing well with a great number dieing off. Moreover, Bitcoin have a higher chance of recovery more than most altcoins which is also another reason for its increasing dominance and decreasing interest in most altcoins.

Agreed. I think just in comparison to altcoin seasons, it seems a bit odd.

What does seem unusual however is the almost complete lack of any real upwards movement for any alts (I'm not counting the little coins that do their pump thing). The entire market has been pretty stagnant or in decline. I remember years ago that even in bear markets, we'd at least see the occasional coin do the 10x thing once in a while. Nowadays 2x seems like a miracle.

Not that boycotted as a whole but in some ways, yes many of them are being ignored because of the performance that the market showed last year. To be specific, bitcoin also didn't do good last year and this turned into the minds of every investor that investing into alt is riskier than bitcoin. I think we've seen bitcoin's dominance around 75% this year and that only means that investors are still there and still believing into bitcoin so no matter how many altcoins can be seen to be good, many are not willing to take higher risk.

I think altcoin is not boycotted, it's just that right now we are in the bear market which makes the value of altcoin continue to decline. since 2018 until now there has been no increase for altcoin. up some and fall deeper. this makes investors afraid to invest in altcoin the risk is too great. while bitcoin even though it is also experiencing a downward trend but bitcoin is still experiencing a few percent increase. in July bitcoin rose to $ 13,000 and last October bitcoin also rose by a little $ 10,000. so investors think it's better to invest in bitcoin safer and less risk.

To an extent yes and this is purely because the market has been flooded with too many worthless tokens from projects that fail to deliver on their roadmaps or have become superseded by a newer product or solution so always DYOR to avoid making the mistake of investing in these lower cap higher risk options as they aren't always worth it

There is no boycott as such, but investors are not willing to invest in new coins anymore after the huge losses they incurred during 2018. That said, if a group of altcoin promoters or developers are able to convince the investors about the future potential of their coin, there is still a good chance that they'll be able to attract investment. But what happens now is that although the ICO promoters want money from the investors, they are not ready to listen to their queries and doubts.

If Bitcoin is not surging big time altcoins aren't going no where, just relax and pray for new btc ATH even if its just 20k over again altcoins will surely surge in value too

They might securing their investment that's why they are keeping Bitcoin instead of risking it to other Alts. Investors learned from the past and don't want to suffer with the same mistakes that they've got from the last time bear season. They are trying to keep much lesser risk that's why we are seeing that Bitcoin keeps dominating the market.

Bitcoin has always been dominating altcoins ever since and I think you came out with that idea is because bitcoin has been down lately and we failed to notice its dominance over altcoins. Indeed bitcoin has been the most profitable coin for the year 2019 but it has always been the most profitable coin ever since it is the pioneer of all the cryptocurrency we have now. Let us just hope that bitcoin would continue to increase so that altcoins would increase too soon. 

that's because bitcoin is the king's coin in this industrial space, even so many new and old coins to date none of them can replace bitcoin. bitcoin is a profitable investment, and you don't need to worry if you want to invest with bitcoin for the long term.

I was really surprised to see the fall of Matic. It has dropped by over 60% in just a few hours, which has made me no longer trust any altcoins in this market again. Most altcoins are scams, only BTC is stable and reliable to invest in this market

I can't get what you are talking about dude. the fact that altcoin is still exist these days and you must see that only scam coins are getting banned and boycotted by the community.
Op is generalizing if all altcoin are getting boycotted. a lot of altcoins are able to survive and CMC has proven it.

Altcoins are good, but this year seems to be really bad for them and a lot of people have been dropping. I have even stopped investing in altcoins and the only cryptocurrency in my portfolio is Bitcoin as it's been more profitable for me than altcoins have ever been. Most of the investors I know have also dumped altcoins to focus more on Bitcoin. If you check the last predictions that were made in 2018 you will notice that a lot of people have predicted that altcoins are not going to increase during the next bull, except maybe a few of them like Ethereum and Litecoin.

Due to lots of scams, new investors may not prefer to risk their money in altcoins but I am sure this kind of situation will definitely change in coming days once some altcoins like dash or waves or BNB will be giving good profits to its investors, I guess people may start investing with it like before.

Those that has good number of altcoin in their portfolio now, has a better tendency of making huge profits comes next year. Investing in thousands of altcoin token at cheap price and reselling it back at high price seems more profitable. Albeit majority of investors always think that investing only in bitcoin will give them the desirable profit they long for, but they forget easily that they can make the same profit in altcoin, if the invest wisely

I don't know whether it is boycotted or not. But people are selling hard and value is going down day to day. Not sure where it will end and atleast market will get into green.

Totally agree with you. The large price dominance of bitcoin in the cryptocurrency market cannot last too long. Funds will inevitably be poured into altcoins. If the altcoin project is good, then you need to keep its coins or tokens. They are able to bring much greater profits in the future than even bitcoin.
Altcoins no one boycotts. Now, a temporary unfavorable situation has simply developed for them. She will change for the better.

Boycotted is too strong a word, but until we see some upward movement with alts, not so sure investors will exactly flock back to altcoins. It'd also help if BTC at least inched forward a little bit ... instead it seems to be falling back.

It's true that the market is saturated with all these worthlless tokens and usually stealing the spotlight because their price are manipulated but it's still not true that altcoins are getting boycotted even the daily trading volume is still huge and the lower cap altcoins still have their traders although I agree with you that these coin are risky. the reason for the decrease of altcoins dominance is because people know the real value of altcoins then they decide to sell them off and just turn the capital to bitcoin.

This is a natural thing because bitcoin is the first cryptocurrency in the world, investors expect a lot of bitcoin. But altcoin is currently also gaining trust from investors such as Ethereum, Tron, Ripple, and EOS.

Altcoins are experiencing now is not a good time and everyone who invests in them soon realizes this. And in the end, everyone still returns to bitcoin.

Bitcoin dominance is indeed getting stronger by the day and this leaves the altcoin market very porous and susceptible to little or no profitability. I personally won't be willing to risk my fund on a market that does not seem profitable and I guess most persons are on the same page. The altcoin market could be very lucrative for those who are willing to take the risk.

I think look like this many investor boycotted altcoin by giving space for bitcoin keep dominance on coin market cap more than 65%, how ever the power full on investor hands which one they want to get dominance with coin market cap, bitcoin or altcoin. Based on profitable I think altcoin have big chance to get much profit than invest money with bitcoin because have higher price than altcoin.

these two years many investors have suffered huge losses due to investing in altcoin. most of the altcoin are scams and cannot last long on the crypto market. and for old altcoins like ethereum, litecoin also experienced a decline in the altcoin market as it could not grow. This results in investors only choosing bitcoin because even though bitcoin is also declining but several times bitcoin is still experiencing an increase.
this is what causes bitcoin to dominate the crypto market. hopefully in 2020 the altcoin market starts to recover again I'm still optimistic that the altcoin market can be green again when bitcoin is pumping.

not boycotted, but because of the large number of projects that come out every day so investors will be divided and cause a lack of funds in a project or indeed the project does not have clear objectives.
so people prefer to invest in existing alt.

Everyone has their own research in investing, both those who return to bitcoin and who still survive on altcoin unconsciously or consciously, so it all depends on our individual knowledge of altcoin.

But entirely not because of the breakdown of investors, but many new projects that only deceive investors and hurt investors. Scam projects are always there and more and more. Must be careful to choose the project. Many have been trapped in fake projects and have never benefited.

All altcoins hope are all on bitcoin now, it depends on what happens with bitcoin next year then we will have answers maybe altcoins will stand a chance or not, I believe if no new money getting into bitcoin the price will remain the same with just few ups and downs

Boycotting requires some sort of ill doing by the thing that is being boycotted. Altcoins are not boycotted for now, they are just not liked by the people (at least most of the altcoins) and they feel like (investors/traders) there is not enough money to be made by buying altcoins so they stopped buying it. I feel like that is not a boycott but more of a smart decision making by the investors.

I personally do not buy any altcoins then the ones I already have because I feel like there is not much money to be made from them. I own a bit of BNB and EOS nowadays and I always had ETH as well, those are the only altcoins I have on top of the bitcoin I have, all the other altcoins looks like they may not make any money if you ask me, why would I risk my funds for the altcoins I don't trust, that is not boycotting.

Agree this kind of news was not surprising since a lot of investors was just in only in bitcoin and also just in popular altcoins in the market surely this is going to happened since a lot of altcoins in the market are already useless and dead token this happened because a lot of altcoins project in the past years are just a scam project and surely in the future, a lot of altcoins in the market are going to be dead since their will be no people that are going to be interested to invest in this kind of token.

Yes correct and not at all altcoins, but these past few months most people are tired investing in altcoins, tired in checking out new crypto project and that you can see in the telegram community, usually bots are talking in the group, for now people trusted more Bitcoin, although there are still who were trying to invest in some altcoins.

I really don’t know what board said about Altcoins but  I think not all altcoins are the same or been hated by people. Bitcoin is ever Green coin and it will never lose the worth and value of the coins. We are in era of digital coins where bitcoin has special place and until crypto world is there bitcoin will be the best one coin forever.

Yes, that's one lesson that everyone has learned from that bad experience we've got last year. We don't want to invest into another altcoin that won't have the assurance to stay even at the most difficult times of the market.
People are just becoming wiser this time and the others should also follow that strategy and not that if they've found a new altcoin, they'll turn into it quickly.

Why compare altcoins to bitcoin superiority? Of course bitcoin dominance is going to increase relatively to altcoins. Imaginr all exchange and market had btc pair of course they could still be on top as expected. Investors know which is less risky in terms of trading and btc is always a safe play ground.

I think it is because people are looking for a more reliable and coin with real use that you can spend. There are more and more places accepting bitcoin every day and it makes sense that people are buying bitcoin to spend at these places. For me, bitcoin is a sure thing in the long run. Altcoins are good for making quick profits and then they are never to be seen again. Altcoins that stick it out and stay around for the long term generally have a use even if it is just to pay for things.

You can't predict that Bitcoin dominance will continue to increase for ever. Because during the last 3-4 months, we have witnessed it coming down from 71% to 66%. But still, we may see a consolidation in the altcoin market. The number of new coins getting listed has declined considerably and the total number of active coins is getting reduced due to smaller ones dying out. IMO, within the next 2-3 years we may be having only a few hundred altcoins, instead of the current number of approx. 10,000.

People with money will begin investing in altcoins only after Bitcoin slows down after a big rally. There will be altcoin season then. And the last ones to grow will be nonames and ICOs/IEOs, imho

Bitcoin has dominated the cryptocurrency system for a long time and is not stopping. It accounts for 65% of the market and does not give other altcoins a chance to rise. altcoins have a high risk ratio, which is probably why people are so hesitant to invest in altcoins.

Bitcoin is the most profitable coin in 2019 and it is taking over half of the cryptocurrency market. Bitcoin dominated for a long time was one of the reasons that other altcoins were boycotted.

Currently altcoin is being ostracized by investors quite a lot. With greater risks and the failure to develop safely, altcoins are taking over Bitcoin market share.

Lack of trust on altcoins is the reason why the dominance of bitcoin is not increasing and I feel we have too many altcoins which has real value and hundreds were died and delisted from everywhere so only reason for people to invest on altcoins is to make some quick profits other than that I don't think they don't have any future.

I don't think altcoins are boycotted, the main problem is that the crypto market get a lot of cashout and this cause the price where is and also investors search to invest on bitcoin because is the coin with most profit and always recovered if price drop.

It has not been boycotted because investors have their meet up etc, but this is because of the mutual understanding from investors as they are already tired hoping but still nothing in return that everything is just in the favor of the investors which is really a not good idea for all of us, so better not to take risk at all and risk in other ways.

How can they be interested, when these ICO can hardly reach their softcap, and they keep extending their ICO because investors keep ignoring them, yes you right, investors are boycotting these ICO, and they have big reasons why, after all these years of scamming investors.

The bitcoin dominance will continue to increase in the coming years and there is no doubt for me in that aspect and you have a valid point in the next five years we will see many coins dying out and we really do not need this much coins in the market, bitcoin created a revolution and a new market and if we have less coins the better in my opinion, i am not telling i never made money with alts but i knew it was all momentary and i sold majority at a profit. The shit coins cannot survive for a long time, pump and dump and they die off ;).

Investors are just picking which on they will invest the most so if you are just seeing few altcoins which its price is rising, its possible that its the only altcoin investors find useful.
There are projects who are not bought are obviously boycotted by investors but there are more which you can find that investors suddenly trying to accumulate such as Stratis. There are projects you haven't heard before but are now rising Synthetix and Matic Network, upon checking they are actually great projects.

I do not know if I would use the world boycott to describe that we are seeing, to me this is just a natural reaction from the investors taking into consideration what has been happening during the last years, most altcoins do not really bring anything to the community most altcoins do not innovate at all and most altcoins are scams, so why such coins should have the interest of investors? When you think about this then it is completely natural to understand what it is happening in the market.

Bitcoin has always had a substantial dominance of the coin market cap. Its been on the increase lately, I guess because people prefer holding bitcoin as against altcoin. Basically, there are only few altcoin which could be trusted to stand the test of time. Most altcoin have the tendency to be abandoned by their team.

at least that is what often happens to altcoin, pumped high and immediately discarded until it is difficult to return to normal. therefore I do not like to save altcoin for a long time, only certain altcoins that I believe have the potential for the long term. therefore we must be especially careful for new projects

I think since the beginning bitcoin has dominated the crypto market because bitcoin coins are first and foremost in the cryptocurrency market. now the dominance of bitcoin is increasing due to bad altcoin market conditions, some of the new altcoins currently cannot last long on the crypto market, and there are many altcoins that scam then the old altcoins also continue to decline. so it is only natural that investors now prefer to invest in bitcoin which is safer and has been proven to last a long time in the crypto market.

Even if we exclude the Bitcoin forks and the stablecoins, altcoins still enjoy a market share of more than 26%. And this translates to an amount of $50 billion and this amount is very significant. For example, the market cap of EBAY is only around half of this number. So we can't really claim that altcoins are getting boycotted. There are still a lot of people using them.

Yes, of course, why not? Why people would invest in a shit altcoins when most of the new altcoins and 85% of altcoins are failing to give profit to its investors then why people would stick on those shits? Bitcoin is the best investment and of course it's risk-free. Even I also ignoring most of the altcoins nowadays.

I think boycotted is not the right term. All we know that all of crypto have right time and all investors know this so there are also a right time to invest in every coin. Bitcoin is more powerful than altcoin but when bitcoin price will fall, I am sure that people will invest at altcoin on that time so boycotted is not right term.

I feel altcoin is indeed undervalued, plus the number of scammers that make users rethink to buy altcoin. But something like this I think is reasonable because it is being improved and bitcoin has experienced similar things. Hopefully altcoin quickly returns to normal

it's not unusual, for many years, it's bitcoin that are dominating the market with even a higher dominance that what you noticed.


Altcoins will drop when the market are not healthy, it's a normal scenario that would happen, there is no boycott with that, people will decide and they are just reducing the risk of investment as they know bitcoin is the strongest coin in the market and in this time of struggle, altcoins is a bad investment.

Its the right term, and we all have coins we boycott in some ways. For me those coins are xrp, bitcoin cash and bitcoin sv, I definitely don't like eos and hype around it.  I don't like to read news about this coins, I don't own any of them and I will never own some of them. Probably there are couple more coins that I don't like.
I think nobody boycott all alts, and if someone do that person is bitcoin maximalist, you can find that term around the internet, its very popular in the past few months.

No, altcoin has never had a chance to boycott. Because altcoin has importance in the market. If there was no altcoin in the market, the price of Bitcoin would have risen a lot. Bitcoin used to occupy the market exclusively. So I think altcoin is needed. It would not be okay to boycott altcoin. We should give importance to altcoin. Because we can use altcoin as an alternative to Bitcoin.

Thank you.

When compared to altcoin I think people will prefer to invest in bitcoin because if you see it often the price of bitcoin returns and it makes people prefer to invest in bitcoin because they feel that investing in it only has a small risk and we can see that lately the price of bitcoin is very low and it is a good time to buy more but that does not mean that altcoin is not profitable because I personally have several lists of altcoin that I think are potential.

Definitely, imagine especially those coins that are in ICO stage out of 20 new ICO one ICO will only succeed, Bitcoin is having a huge dominance because of the coming halving, this halving is very important in the history of Bitcoin, because of the so many milestones it achieved, in 2019 in terms of adoption.

It is really better if we will invest in bitcoin than altcoins. There are garbage altcoins out there so we will be cursed if we will buy one of then. Several altcoins are keep delisting in the market because of their poor characteristics and features. It is now hard to see an altcoin that can meet our expectations where we can have a profit and not a loss.

I feel 2019 is the year of bitcoin. At present bitcoin dominance is again above 68% so most of the investors believe in bitcoin rather than altcoins. No, we can not say altcoins getting boycotted current market is not in favor of altcoins but I am positive altcoins will also back with good strength anytime.

Tried to correct it. Bitcoin dominating the market since from the start, not just of today or just this year.
We can find that Bitcoin is really on top cause people much appreciated it over altcoins, but this not meant that people are ignoring altcoins, they just look Botcoin's potentiality that will give them more profit rather than of investing other coins.

A few months ago the domination of bitcoin was around 70% and it looks like that has already decreased even if that was just a few percentages only. Altcoin is not yet boycotted but less buyers in the market, the dominance of altcoin can be used as a data to determine whether people have boycotten the altcoin or not.

The dominance of bitcoin will increase until altcoins prove their importance in this market. Bitcoin has earned the trust of investors, so they constantly return to it.

When most altcoins cannot provide benefits I think people will start moving to bitcoin. And for me personally it can be said that bitcoin is a coin that has more potential to be able to generate profits or I personally think that the price of bitcoin will be able to recover and provide benefits later, it does not mean that altcoin is bad but in my opinion for now it's better to invest into bitcoin .

altcoin can become dominant again when altcoin is used a lot and when many payments can use altcoin, while now there are still many payments that choose to use cash or use bitcoin so it is natural that altcoin is difficult to become dominant.

Do you prefer to everyone that altcoin isn't profitable and risky investment? You are supporting any new coin any how. Even you Bitcoin is the most profitable coin this but don't you check others altcoin. ThoreCoin is the top profitable coin this year and don't compare profits of this two coin.

People used to be excited when they entered the market. Since the price of Bitcoin increased so much, they would look for other coins. They dreamed of making big money with big ascension. However, the price of LTC, DASH, ETH all fell very low. Altcoin prices cannot rise. Bitcoin domination is too much.

very reasonable in conditions of cheap bitcoin and trading will be dominated by bitcoin. it will disrupt the growth of altcoin but there will be a downward impact on the market afterward. we can look for the best moment to buy and resell it. but for altcoin, we must be able to focus on bitcoin if such a situation repeats itself.

maybe a reason like that is said because a lot of altcoin/tokens are not profitable and many end up scam. so you feel you do not need altcoin, with or without altcoin,  bitcoin is still superior, is that how you think? if yes okay I understand.

It's OK to boycott it but it doesn't seem that easy, bitcoin dominance is higher because bitcoin has the highest value so it's only natural that bitcoin has more dominance than altcoin. but in the eyes of crypto investors, with the existence of altcoin this can add to the way the investors to get its own profits by utilizing the price of altcoin which is cheaper than bitcoin. in my opinion, altcoin is very necessary and very profitable.

During with many new coin easy for listing on bigger exchange market without have big rule with their future keep higher than ICOs or IEO price make many altcoin become lower price after one or two months later after listing, just get profit only for developer and advice coin team without think with how about investor buy with higher price make all new altcoin looks not interested for investing.

Bitcoin price is constantly on the move. How to invest in altcoins. We're in a swinging market. People reduce the risk to avoid harm. In this case it makes more sense to only get bitcoin. Because even if the bitcoin price drops, it is recovering more quickly.

I don't think alts are being boycotted. I just think people are looking for the next best thing as it were. A new coin with use as good as bitcoin. There are a few coins we all know about and use and they are the alts that will last. New alts will have to bring something new to the table as they did. Starting with a secure coin which people can trust. YOu need a stable foundation. I don't really trust newer altcoins with too much investment since I have no idea how safe they are. I am not a dev so I wouldn't know. I talk about security because I believe people trust bitcoin security the most and that is why they invest mostly in it. It was the original OG after all.

Altcoins are not really being used by anyone, what people are doing is to speculate with them because what they want is to obtain more bitcoin in return and the fastest way to do this is to buy an altcoin wait for it to go up in value and then buy bitcoin but slowly people are realizing that this strategy is not working anymore and that is why we have seen such an increase in the bitcoin dominance, a dominance that I do not expect to go down anytime soon.

I think investors are just playing the safe game of getting into Bitcoin rather than Altcoins because of the certain recent issues concerning the reliability and legibility of the projects that create those Altcoins. Ever since Bitcoin is the most trusted cryptocurrency compared to Altcoins that is why it is not surprising as of the moment if Bitcoin is suddenly regaining its dominance in the cryptocurrency market. It is just that investors are seeing bright future on putting their money into Bitcoin that makes Altcoin to be somehow set aside. But still despite of Bitcoin's domination, there are still Altcoins that are making their way, improving their prices like Ethereum although its price is far beyond Bitcoin, at least it is still widely used and being purchased by many investors in terms of Altcoins section. There will come a time that Altcoins season will be equally valuable to people like Bitcoin which can be expected to happen once the market have already recovered if the Bitcoin's price will rise up that will surely boost the prices of the Altcoins that depends into it. It is just a give and take situation and scenario in between Bitcoin and Altcoins in the market.

Seriously most people are giving up on altcoins because of the poor market growth that most have achieved ever since they were launched. Many of the altcoins have suffered a huge dip in its price making their investors lose huge amount of money. Count the number of altcoins that have turned out to be scams in this industry and that is the main reason why many investors are now focusing on bitcoin investment only, therefore the increase in the dominace of bitcoin.

I don't call it boycott at all.  Investors were burned badly after 2017 rally collapsed into Depression.  Once better twice shy.  It is far longer for the investors to lick their wounds and overcome their phobia of altcoins.  But I do believe, in the end, the main altcoins will dominate and Bitcoin will lose the dominance.  Everyday we kept seeing more and more innovative coins coming in.  Those coins are far better suited for block chains defi etc.

What do you mean by boycotted?

I don't think that alts are necessarily generating "hate" per se from the community. Rather, it's just that people have come to realise the majority of alts are indeed simply tools for founders to make their buck before exiting without further development.

This disillusionment within the market may be the reason why BTC dominance has increased so much in recent months.

There is no such thing as boycotted. It just happened that btc is way profitable and has less risk compared to alts. It's not surprising if majority will take the opportunity where they think they can profited the most. This is all about money after all. Even you will do the same. Will you stick investing in one thing with lesser profit to gain if you have a better choice and can earn as others did? Definitely not. It's your choice though, if you believe in altcoin, you can keep and stay with them.

At the moment only Bitcoin is the only coin that makes you feel safe because the current market is starting to collapse and many altcoins are being forgotten. I think in the near future the demand for investment will decrease more and people will only buy Bitcoin to make a profit. However, it is difficult to predict what will happen next and hopefully the altcoin season can return again.

I personally still invest in altcoins but only buy the rising altcoin as good as ATOM because this is a good choice for you to consider.

If you look at dominance history, you will know that mostly, Bitcoin has dominance more than 50%
it means that altcoin often gets low dominance in cryptocurrency market. But after Bitcoin dominance dramastically decrease, altcoin soar so high
that's when altseason happens. making altcoin price increases so much

Yeah but checking the history it just happened sometime. Maybe last 2017 weve experience what we called a golden era for crypto where even altcoins are dominated and increase the market but since its a bubble there is no way we can know now how we can go back there especially if the market is full of fuds on the new altcoin projects. Seems like only major coin will survive if market fall down very hard.

yes i agree with you no boycott altcoin. it's just that in 2019 the condition of the altcoin market is very bad almost all altcoins have lost its value by 80% so this makes altcoin investors suffer huge losses. Seeing this, new investors don't like investing in altcoin. They will choose bitcoin, which has a lower risk but can provide more benefits. so that now bitcoin dominates the crypto market by 68%.

I think it’s just the free market that is making some coins succeed and others fail. You can call that boycotting or any other term, but it’s a fair way to shake out the bad projects or the redundancy.

Maybe you was right because many exchange market have adopted with higher payment fees for every coin want list with their exchange, developer will try to listed with big exchange market but have faced risk with lower price because they have give higher payment fees for each exchange market listed with bigger amount.

What is the connection between the free market freely deciding on which projects to succeed and which projects to fail and exchange market charging high fees?

If a project is a really shitty project, even if it is listed on the top exchanges, it will remain shitty and will fail to gain the trust and the volume of investors and traders. Even if it can pay the high fees of elite exchanges, it will not gain volume because traders will be aware of how shitty they are. They will still fail.

Agree with this. I don't know how a boycott can work in a decentralized market. There are hundreds, if not thousands of exchanges out there (including DEX sites) and even if a particular coin or token is delisted from a bunch of exchanges, there will be many others out there who will allow the trading of that particular cryptocurrency. The only viable method here is to take out awareness campaigns regarding scam coins and encourage the users to research on the crypto they want to invest in.

It's a battle of the fittest and this is good for investors, we'll see who among these coins are real and who are fakes, these healthy and good for investors, if the developers cannot keep up with the project, then he is gone for good and will be replace a better and dedicated developers and new projects will replace old non performing one.

I think people are very afraid to invest in cryptocurrencies at this time.  That is why people often tend to invest in a major coin, such as bitcoin.  That's the risk they see in Altcoins.  I think for this reason Bitcoin always dominates.  :-\

People loosing their patient with altcoins, they stopped believing and the result is that all of them dumped by 90% percent. Now the question is if and how many will recover from lose.

Some people are bitcoin maximalists, they call altcoins shitcoins derogatorily. BTW, should we consider BCH or BSV altcoins? The most hated ones in their circlejerk

But not all. Some people may call altcoins because more than 90% of altcoins right now just worthless coins and no more. BCH and BSV are altcoins too and you need also to consider both as altcoins.
That's the fact that happened.

Which is as it should be, it seems the developers of those terrible coins tough they could keep releasing their crap to the market every single day and that people will simply keep investing in it, and the question is why they should do that when they have the best investment of the past decade right in front of them? So until those developers begin to release actual good stuff that works and that could compete with bitcoin I say let them release their projects but do not invest a penny in them.

There are still many reasons why the altseason get back again, and increasing its dominance compared with Bitcoin
1 whales need altcoin to multiply the money
2 the regulation hasnt changed
3 Bitcoin is still not dead ;)

These are good reason I think. we would see another bull in the future.

Of course, with the limited amount of Bitcoin supply, many investors/whales will choose to invest in BTC rather than Altcoin. But not all Altcoins also have no recovery, because there are some Altcoins that are now following the movements of the price of Bitcoin when Bitcoin goes up and some Altcoins up as well.

An altcoin season is definitely coming the only question you need to answer is if you are going to be there and have enough capital to take advantage of the situation, most traders are always looking for ways to earn money and I understand since that is why they are here but there are circumstances in the market in which you should be thinking about protecting your capital and wait for better opportunities, after all the market of cryptocurrencies is strong and it is not going to disappear or anything like that.

In general people are getting scared about huge amounts of scammers around in the crypto market. May be people are going back to conventional trading and investment platforms such as stocks, mutual funds etc..?

Just because the price of altcoin isn't rising like bitcoin doesn't mean that altcoins are being "boycotted". It makes no sense to boycott altcoins. People just want to invest on bitcoin and hold it while use altcoins to make day to day transactions and payments because using altcoins are cheaper and faster compared to bitcoin. I would be surprised to see you opening a new thread saying "Is bitcoin getting Boycotted" when the price of altcoin starts to rise while bitcoin goes down.

Personally i don't like BSV because of Craig Wright who ruined it with unnecessary claims, first was he invented bitcoin and now he claims to be Satoshi nakamoto, he even said bitcoin will die in 2020, BCH is better

Another possibility is that most investors have lost most of their money already and have decided to never trade any market again, this is not so rare it is known that in other markets most newbie traders will lose all their capital in less than a year, why this market should be any different? Especially when the amount of scams in this market is many times higher than what you could find in the stock market, and until we can bring more investors then altcoins are going to remain in their place.

For my part, I have always considered the Bitcoin forked coins (such as Bitcoin Cash, Bitcoin SV, Bitcoin Diamond and Bitcoin Gold) as a category separate from the other altcoins. Because their price movements and trading triggers are not in line with the mainstream altcoins (such as Ethereum and Ripple). Also, I would classify stablecoins such as USDT and USDC as separate as well.

Bitcoin used to be at 95%+ and for good reason. It was the first, and the rest were copies. You question is as if they all came out at the same time. A boycott also requires for people to get together and plan it, but what you're seeing instead is the market at work.

i'm sure nothing will be boycotted unless the project commits any violations there, yesterday it was just a matter of trends that happened so you panicked and worried about the future of altcoins. the trend will change soon at least i'm sure about that which makes me more confident to stay. 2020 there will likely be many changes and surely this year will become a more positive market due to many factors that can make the crypto season come

in 2019 it was a bad year for altcoin but I am sure in 2020 altcoin will again improve in price and will again be in demand by world investors. so there is no need for a boycott of altcoin because everyone has a time to grow and collapse. we hope that in 2020 we can restore the altcoin price which has fallen last year.

Exactly, a boycott will require that we get organized and that a centralized party tell us what to do and we just follow their orders blindly, but that is not what it is happening here, each investor that is deciding to not invest in altcoins is doing it because of their own selfish reasons, I'm not going to invest in altcoins because I know that I'm going to lose my money and as an investor that is something that I do not want, why you should invest in those coins just to get scammed by some person in another country?

I am also looking forward that this year we will have more great news that will move the altcoins again, we are not boycotting the altcoins, but we are really afraid to give our al in or to look and look for more altcoins as we know already how bad they become during past years, hope that we will have more trust again in this year just like before.

And why you're so sure that something like that is going to happen? What it is going to change in the market of altcoins that is going to bring such a huge change in the attitude that investors have towards them? It is time that people realize the truth, altcoins are never going to be as successful as they were in the past, but this is not bad the few altcoins that remain will be good projects that will be worth your time and money and you will be able to freely invest in them but the rest of the coins are going to disappear.

Yes, we are already seeing positive changes already. This time around, the upcoming Chinese new year (as at now) hasn't affected the market negatively which is a good sign. Some altcoins like BSV, BCH, ETH, EOS are really doing well with a good uptrend in prices. My portfolio is "smiling at me" ☺.

Altcoins are just there for the risk-takers now. No investor wants to lose money so they boycott altcoins and focus more on the major assets like bitcoin and ethereum. Maybe new alts will be considered in future if they stay true to their project developments

That is everyone's hope about this year, but what will happen later we do not know maybe for now we can only predict the possibility that can happen later, such as the upward movement of the price of bitcoin starting from a few days ago which is a good start for us all and hope that the price of altcoin will slowly increase too. For me for now we must prepare our next steps.

As of now, people are afraid on investing in altcoin since most of them does not have any chance to rise its price plus the fact that halving is about to happen. They are investing on the bitcoin instead of altcoin since halving is coming and they are going to try to gain profit into it. Sooner or later, they might be investing on altcoin again.

It's not because we boycotted the altcoins, but because we are really tired of the fake promises, fake volumes, fake developments, fake teams . We are really tired that our money we invested doesn't move or worst, we got nothing at all, so we cannot really blame investors for this.

Today it is very difficult to raise the funds of investors in new companies, since no one can guarantee a profit, just like no one can guarantee the integrity of a team in their activities.  The same situation is with respect to altcoin, because there is always information that about 80% of all altcoin do not have a real product and therefore their price on the cryptocurrency market like an air bubble exists thanks to speculators.  Based on this, there are certain cryptocurrencies that can be checked by the coin market rating, in which almost all cryptocurrency users are interested and nothing more.  And only on this basis, you need to focus on profitable investments in cryptocurrency.  Nevertheless, in recent years, Bitcoin SV has risen in price by almost 300%, and this is despite the fact that Craig constantly agitates for this altcoin and at the same time, there are constantly voiced statements about distrust of this person and about fraud on his part.

It is yet to be determined if what we are seeing is really a change in the negative trend that we have seen during the last months, I am happy for a lot of those that are obtaining profits with their altcoins however I really hope that you already sold your BSV, if you were holding any when all of this happened because since that coin reached its peak it is registering losses above 40% and that coin most likely will keep crashing and it will reach a value lower than the one it had when all of this started.

This pretty much is the case for the altcoin industry right now. Most of them are dead because either they ran away with their investor's money or they have been thought of as fraud incorrectly. But honestly, the thing that kills altcoins right now is their lack of vision. Most of these ICOs who put up these altcoin have on ultimate goal, that is to profit. They have to change that mindset or else altcoins are really gonna be dead.

For that they will need to actually care about what they are creating and they do not, they have no vision because they do not care about the market and they only care about their pockets and when the majority of the projects are like that then most people will eventually give up on altcoins which is exactly what we are seeing, so what is next? Not much, I really do not expect this tendency to change, altcoins will pump from time to time generating some excitement but that is it.

After reaching a peak Bitcoin dominance is getting dipped day by day and it is at 65.8% now and even BTC is falling from its support of 8400$ which is not so good sign for alts. BTC needs to move steadily or at least sideways for sometime in order for alts to get a good volume inflow. BTC fluctuations at this moment might be common because of halving effect. We may see altcoins pumping again once BTC gets stabilized.

I really don't think so, I feel only the unreal project might get boycotted am saying this because I know of couple of altcoins that are doing amazingly well

I don’t understand why everyone is so categorically opposed to altcoins. Everyone says they need to invest in bitcoin and in top 10. Everything else is coins without a future. But many forgot that the big part of the top 10 at the moment did not hit the top right away. Therefore, you just need to look good, before you could buy any coin, now you just need to think before buying, that's all the changes.

What I do not understand is why you do not seem to understand why people are opposed to altcoins, people are so opposed to altcoins because the majority of them are scams and if at some point in time you decided that you wanted to invest in icos then most likely you lost most of your money, the stories of people earning huge amounts of money are exceptions to the rule, most people lost money and in some cases they lost everything that they had to those scammers.

But I have another reason that the price of bitcoin is increasing and the altcoins are remained a little bit at back, the reason is that in this year the bull run has been started because of the bitcoin halving and as we all know that this event is for bitcoin so the price of bitcoin will increase and so from now everyone is investing in bitcoin. When people will get the expected profit from bitcoin then they will start their trade with other coins.

If everyone was opposed to altcoins, then how come they are having a market capitalization of close to $70 billion? The problem is that most of these altcoins are overpriced, and those who invested in them are stuck with their holdings. During the recent months, most of these coins have lost up to 50% of their exchange rates. Now the investors are facing a dilemma on whether to sell them at loss, or to continue to hold them.

I don't think that they are getting boycotted. They just consider Altcoins as second choice when they invest their money die to risk factors. Bitcoin shows the consistent less risky main coin. They just made their life simple because they know that Bitcoin will not really lose its value overnight.

It is caused by fear. People are afraid to spend money on cryptocurrencies, especially on those one that are not so popular as Bitcoin. They have heard in medias about Bitcoin many times, but never heard about others, so why they should buy something else? They need a time to understands the potential of altcoins.

Tokens such as TemTum are making great progress, 3X since launch, all milestones met, 2 exchanges, a live mainnet, strong use cases

I think only coins with no technical advancements are not doing so well - golden coins like TemTum are out performing the top 10 !

Altcoins are boycotting due to high risks. Everyone remembers how the market fell compared to 2017. And many altcoins simply left the market, causing huge losses to their investors. It's easier and safer to invest in bitcoin. However, there are promising altcoins in which you can invest without fear.

From how they see the situation right now, fear really affecting them from investing to something that they've seen the big risk. Although for those who are inside this business, taking advantages of other's emotions can be a good tool to gained much better success.
Know what you are investing, a good way to attained success from this industry.

on my understanding , the word boycot means that  some higher people restrict it or ban it  but fear is a different word or has a different meaning  . the reason why bitcoin is popular its because its the first , it has also a better benifits than the others but other coins were also being promoted but not oftently as bitcoin  . for a casual people normally they will prefer that is more familiar and easy for them to understand so they skip those alts  but for a true investor they still consider those as a gem .

Unreal project means scam project. The crap project will not only be boycotted but that will be also banned by the community as it is a scam project and it will never alive again.
Only trusted project that can bring a huge demand. People are so smart these as they will always try to do deeply research first before try to put their money.
Not all altcoins are getting boycotted but only for scam project.

No, they're not being boycotted. I know altcoins badly fell off in 2017 while they're in good condition now.
If investing in Bitcoin and Altcoin was only my choice then I'd have went for Altcoin since because of the current market cap. You'll need to understand that there is always a risk in investing money.

Investing in altcoins also lets you learn more about cryptocurrencies in general, so that’s why you should invest in them too. Many people have lost money in altcoins, and it’s only a select few who are able to get massive returns from their money. This is like 50/50 and you'll either have to bare your loss or enjoy your profit.

Altcoins are basically other cryptocurrencies aside from Bitcoin, and there currently are more than 1300 of them. However, you should only look to invest in the top 100 or 200 ranked altcoins, because the lower their rank, the riskier the project is. I personally prefer http://coinmarketcap.com/ to see the current top 100 or 200 ranked altcoins. These altcoins are quite like stocks, in that they each have a price and a market capitalization.

there have been many scam projects found in this forum, unfortunately there are still many who are trying to make new projects with various kinds to try to give effect to traders or investors who still do not have the experience of knowing the difference between scam projects or not to participate and invest there.
a little information for all new members in this forum you can see all the project scams here

Creator : ICOEthics (https://bitcointalk.org/index.php?action=profile;u=2204241)
> https://bitcointalk.org/index.php?topic=5110020.0

Creator : TalkStar (https://bitcointalk.org/index.php?action=profile;u=2136362)
> https://bitcointalk.org/index.php?topic=5179931.0

Creator : tvplus006 (https://bitcointalk.org/index.php?action=profile;u=1311641)
> https://bitcointalk.org/index.php?topic=5181153

Altcoins are still the investment of choice because this is the fastest way to make a profit and this year most of the altcoins I know are in very high growth. I think there will be many new projects this year for you to consider investing in the future but be careful because not all projects bring good profits for you. In addition, you can also join IEO at some high liquidity exchanges if you like because this is the investment form that many people choose.

Surely it is. The crypto prices at the time are manipulated for profit. Almost all of the markets have some form of manipulation and bitcoin is the synonym for cryptocurrency for most of institutional and traditional investors. They are the whales and they move the markets. The price change of altcoins  is largely due to already placed buy and sell orders rather than intentional buy and sell.

Bitcoin dominance has been like that for quite a considerable amount of time now. But that won't be sufficient reason to say that altcoins are being "boycotted". Many people still invest in altcoins. It's just that Bitcoin is the people's safe place to retreat to when the altcoins underperform.

For some time people start thinking this way and they spread bad news but its ridiculous to talk that wrong. Crypto is anonymous since earlier and we know very well that price will down and rise, the same way some people like it and some don't, I have heard only a few countries in turn world are there who do not adopt crypto but the remaining whole world do invest and use altcoins.

actually this is not because of Altcoin in Boycott but what we see is that bitcoin is one of the profitable cryptoqurrency for investment in the short and long term, Bitcoin is not like other altcoins, bitcoin is the main coin and will always dominate the crypto market. so for me personally not so hesitant to invest my money in bitcoin.

it is just people are squeezing the altcoins to extract the bitcoin to store them for the may when the block halving occur in hope the get high returns. we shall wait for the may and after that alt coins should show some positive movements

surely anyone will also answer that bitcoin is a profitable investment in this industry, because bitcoin is one of the TOP coins and always dominates the crypto market. even I personally believe that bitcoin will never reach its lowest price again, now bitcoin is recovering from bleeding and bitcoin prices are slowly increasing.

This year will be the year for altcoins, reading charts news few days ago i noticed that altcoin dominance is increasing, that happened very long time ago, but make sure your priority lies on bitcoin, it has better assurance than many altcoins

That's one premise that everyone is looking for in 2020. Is that the altcoin market will finally rebounded and be on a bull run or at least improved the price from its last ATH.


Bitcoin though is still the dominant coin, it is pretty obvious that everything is evolving, but bitcoin remain consistent. So with that said, I don't see any altcoins being boycotted, but perhaps people are now on bitcoin because of the upcoming halvening event in which everyone expects to make a lot of money in the future.

Yes, that is what it is. There are very few newcomers asking where to invest their 500-1000-10000 (there are almost none) The rest who went to ICOs or bought coins and tokens at high prices dreaming of becoming successful traders became long-term investors

I don't think altcoins are being boycotted per se, people are only being careful with their investment, investing in the less volatile which is bitcoin.   From last year's high, many coins have lost more than 50% but BTC has only lost about 30% and looks more likely to reach that high than most of other coins.

I think the problem is not boycotted but because of investor interest in preferring Bitcoin as the safest investment in the cryptocurrency market. Amid fears of cryptocurrency conditions, investors will prefer to hold Bitcoin because of liquidity and investor confidence. Bitcoin dominance will start to decline when investor confidence in cryptocurrency begins to recover and it seems like this moment has begun to come

I wouldn't say altcoins are being boycotted rather people are becoming wise and concerned about where they put their funds etc. Most don't hold altcoins again especially the new ones because their future is uncertain. Secondly, altcoins are not being boycotted because altcoins like ETH, BNB etc are getting the neccessary attention since it is clear there is something to gain in the future. Lastly, holding BTC has proven to be the best, thus people are looking at what serves their best interest therefore holding BTC in large part while altcoins takes the lesser; so either way, altcoins are still being invested in and held.

Altcoins were boycotted? I don't think so, the bitcoin dominance in the market was due to its rising price of BTC against the USD, and besides, the BTC as the pioneering cryptocurrency in the industry has a huge community of supporters and investors thats why I'm not wondering why the market was dominated by Bitcoin today.

Altcoin season is already knocking our doors, guys, the Winter is nearly finished now  ;)
Don't be greedy, trying to catch all the high and low levels - keep you head sober and work with this instrument like an investor :)

nope not true. people loves altcoins too not just a regular altcoin but they even pick the riskier tokens . can you imagine ?  people are now getting bolder or braver than before  . they go out from thier shell to try something that is new  . also  it comes to your mouth that altcoins are being loved by  investors but why will you think  that they are being boycoted ?  its not unusual to see btc having a good percent of dominance  . that is already happening before just so you know and expect the number are still growing the longer the years have passed

It's not true, they aren't getting sidelined or boycotted. Yes Bitcoin dominance is what it is because it tends to offer more than altcoins but doesn't mean altcoins aren't worth it. If people aren't seeing altcoins as worth their investment most major altcoins will suffer it terribly but it's not rather only altcoins which are seen as not bringing anything good are the ones being boycotted. The problem is, most developers care less for their projects and thus it suffers  while those who cares more keeps attracting investors. So in all ramifications, good altcoins are still invested in while the others are packing up.

imo bitcoin dominance falling when whole crypto theme lacks interest from media.
This way more people who are inside crypto-field already can understand that investing in bitcoin is not the only option.

But when media is talking about crypto 24/7 (mostly about bitcoin) -  a lot of newcomers are gaining interest and investing, again, mostly in bitcoin.
So the dominance growths

This is what should thinking when we spent money to altcoin, there is no guarantee to stay for a long time or to stay for short term. I'm still confuse when I had some altcoins in my wallet, in one side I should sell the altcoin when I got profited but my lusty was managed to the wrong way until I hold them, but honestly I was wrong. In another side, when I sold the altcoin which I have profited but in the facf the altcoin price was going up again and made me regereted why I was sold it. These thing were happened for several times even though it is happening again right now.

Indeed there are some altcoins we can not use to invest because it can not dominate bitcoins so many investors now choose to invest in Bitcoins because the price can still go up even though when the time can not predict and If you want to invest in an altcoin then choose an altcoin that is at the top 10 point Coinmarketcap and the altcoin can already dominate bitcoins as it is happening today.

of course, in my opinion in 2020 this will be the top market of Altc. after seeing the developments and fluctuations in BTC prices in 2019, I think investors have realized that no matter how small the price of the Altc has the potential to continue to be developed. in my opinion the greatest potential for 2020 will be owned by ethereum with the POS system which will soon be released together with ethereum 2.0.

I am not sure what will happen next to the Ethereum 2.0 may not be able to make this coin rise because POS is something that this project had intended. In my opinion, the price of Ethereum will depend heavily on the increase of Bitcoin and certainly the current market is very risky if you choose to invest in this time. However, if you hold 3 to 4 years, you can make a big profit.

In my opinion should only choose the coins in top 10 CMC because these are very popular options and investment trends this year are increasing very high in recent months. I think the market has gone through a lot of hard times in the past and this is the best time for you to consider investing now. Of course, the altcoin season will soon return and you can fully count on this market this year.

I think not really Altcoins are being boycotted giving way for Bitcoin's dominance. It is just that due to the recent events which brings ups issues that involves projects where most Altcoins came from that are said to be failure or scam that is why people are getting afraid to get into investing with Altcoins for quite some time right now which brings Bitcoin's dominance for the reason that people do think that to avoid taking risk of investing into some sort of Altcoins that can be found in the market, they will just get into investing into Bitcoin which is already proven and tested to be secured, legible and risky for investment unlike on the part of the Altcoins. It is because to the people's choice and demand on choosing their preferred cryptocurrency that brings a certain coin to the top and not because it is being boycotted by some other coin. Maybe it's just that people are still wondering to think of investing on Altcoins that's why Bitcoin dominance continuously goes on.

I think it's natural because bitcoin is the main coin and a coin that rarely encounters scam cases in bitcoin. Besides that bitcoin has gained good trust and appreciation for the wider community. Therefore it is natural that bitcoin dominates over altcoin

The ICO and Bullrun mania of 2017 is still fresh on the mind of people. Most projects end up executing the roadmaps on the pages of the WheitePapers without building any tangible product. Investors are so careful about Altcoins now.

In fact, yes, most investors are disappointed with what has been happening on the market over the past two years.
Many lost huge capital investing even in the top coins at the peak of their growth. Someone on the contrary, earned by investing in the fall, but such a minority.

In view of this, it is obvious that most people are wary of alternative coins in view of the danger of falling into protracted problem situations associated with a decline in popularity and demand for this type of asset.

Bitcoin is a highly valued coin which is at least one of the reasons why its dominance keeps beating that of altcoins. Once there is a good movement in the market, most people moves out of altcoins to Bitcoin because it is known that most times bitcoin offers more gains. Also, most people are now conscious of where they invest especially in terms of altcoins when knowing that most are just for pump and dump with nothing good to show for. Therefore in my own little opinion, I think most people are going into Bitcoin because it is safer while only sticking around to just few altcoins, and most times it is major altcoins.

I know that there are many coins (without Bitcoin) that are not stable. So maybe everyone is trading / investing in bitcoin. Because there is less chance of damage and the amount of damage is less. But in the crypto world, there are many coins besides Bitcoin that are worthwhile. They are much less likely to be losers.

I agreed with you that Bitcoin dominance more than 65% in the Crypto world. And you want to know that Are others Altcoins getting boycotted? My answer is not. The other coin will not be Boycotted in the future. Because people used others Altocoins at least 35%. It's not too low. And right now most of the Altcoins are pretty good potential. That's why people used Altcoins and they earn money.

Really it will not happen that other altcoins will be Boycotted. There are lots of coin in the crypto world that is good and beneficial, altcoins have a high risk ratio, which is probably why people are so hesitant to invest in altcoins. But some coin obviously will be boycotted which is not any potentiality and which is fake.   

Someone's doubt to invest in altcoin certainly has its own reasons, because everyone is obviously doing research before making an investment in any coin, so Altcoin which has value and benefits will certainly be everyone's choice.

There's no people who will boycott altcoins, they just don't see it a good investment at the moment because the market is very unstable so they will focus investing on bitcoin since is the most popular coins in the market, altcoins will definitely have their own time, we will see them pump again in time.

The natural cyclus of cryptocurrency´s growth consist of these stages:
1. Bitcoin´s price growth, then price stabilizes and investors start looking for another sources of income
2.  Then altcoin start pumping, after that investors again start looking for something else
3. ICOs and IEOs experience a boom again.
4. market crash and then back to the first stage.   ;)

It depends on the altcoins you invest if the project has high potential of success and being liquidfy. Investing on altcoins is very risky and almost altcoins now a day had no potential, if your planning to invest altcoins it is more safe to invest ethereum.

I think BTC's dominance recently has been due to the halving, once the hype dies down, I'd expect altcoin popularity to rise again

I think the facts are very clear about Bitcoin dominance of above 60%,we heard about Bitcoin halfing coming up very soon which is a major and powerful event in the crypto space, however altcoins prices might follow the positive trend movement soon because Bitcoin cannot continue to moon without creating a positive impact on altcoins prices. There are also some stable altcoins in the market that behave like Bitcoin in the market. Infact 2020 is a year of crypto positive changes due to the effect of the global pandemic Covid-19, many countries currencies are failing so they need alternate currencies to boost their economies

I think the dominance of BTC has been great so this is just people's perception because the price of BTC is more stable than Altcoin.
there is no boycott for altcoin which is good.
except for the unpopular it could be only a manipulation of a few people.

Imo you miss one important thing - even tho bitcoin dominance is growing, it doesn't mean altcoins are not growing in general.
It is a fair race and alts are trying to keep up at this point, but I swear its only a matter of time when they will overtake the bitcoin

It seems that its because of the current market situation over the past month. People don't try their luck on new altcoins anymore and they now prefer to invest in BTC and othet altcoins that are present in top 20 list in CMC. They don't trust most of the new altcoins because of what happen to the previous altcoins that immediately dump after become listed in exchange. Some people need a job right now and not investing.

You are right, Most Project Developers right now are rushing things up putting up a project without thinking what the outcome would be because they are being enticed by what cryptocurrency can give them once they are able to fool possible investors to gamble on their projects. It's all about money they can get, and will project stagnant and investors hangging.

Now people are only interested in the good altcoins and bitcoin in this market, it makes the altcoins outside the top 100 have no liquidity like before. So the dominance of bitcoin is increasing and there is no sign of going down. In the future I think bitcoin's dominance will continue to rise

Not entirely true. Everyday I am witnessing pump-and-dump cycles occurring with medium-sized and lesser known altcoins. I am not sure whether this is happening solely due to the market manipulation. There must be some interest from the ordinary investors as well. Because it is not possible to conduct pump-and-dump from market manipulation alone.

Mostly people interested in major altcoins but some may still play with crap altcoins consider taking the advantage from the pump that happened periodically. From what you are saying have proven if altcoin is not boycotted and it will never happen for sure.

Because after all people really need the right coins as their investment. and all that they get when investing in BTC. especially if sometimes we are wrong in predicting the price of altcoin and feel loss when investing in some altcoin. Therefore avoiding greater risk, of course BTC is the right solution

Yes I think the same, Altcoins will never be boycotted. There are good coins and meme coins I invest in both but only the 30% in memes because it's very risky but you can also do good gains. Btw invest in the top 50 alts on CMC is always a good method for evitate scams

Although the Bitcoin dominance is presently dropping, many people are still more comfortable with buying bitcoin than investing in altcoins. As a result, only when alts gather attention and look primed for a rally do people decide to buy them. Hence the seeming boycott of alts.

Is not it the decrease in bitcoin dominance has proven if people were not boycotting altcoins and this was never happening. People just spread the fake rumour about that and altcoins were never getting banned.
I never heard this since a long time ago.

The Binance dominance above 65% shows that the investors making mind that Bitcoin will go up in Q4 2020, AS every year at the end of the year the Bitcoin investment increased due to some bull run predictions as usual by some big whales.

From where did you got the 65% figure? The last time we had that high Bitcoin dominance was more than a month back. Now the market share of Bitcoin is down to 62.2%, as per Coinmarketcap. And this represents a 5% drop from the levels we had during the block reward halving (67%). There are two major factors responsible for this decline. First of all, Tether and some of the other stablecoins have increased their circulating supply. And secondly, some of the second tier alts, such as Cardano and Chainlink are witnessing a big spike in their exchange rates.

Now the dominance of bitcoin is 62.2 percent, despite the fact that participants in the cryptocurrency market are preparing for an increase in prices in this market, and primarily the rise in the price of bitcoin. Altcoins are now continuing to develop and, apparently, their functional diversity is still becoming interesting to people. In my opinion, this is very good. This is a guarantee that cryptocurrency will gradually enter our lives.

Although Bitcoin's dominance in the market is inevitable, I think many people are still trusting and investing heavily on the major altcoins. Remember was have many stable and more trusting coins, other than Bitcoin, and we have been using them for a long time. If you look at the top 30 cryptocurrencies right now, most of them have been with us for many years. So I don't think there is a conspiracy that these altcoins are being deliberately ignored or boycotted. It is just how the market works.

You're right. People tend to invest in something that has a lot of reputation and credits. Therefore, those top coins right now are usually the coins that have been around the market for years. It's not easy for an altcoin to join in that list, though, it's still possible. There are some altcoins that incredibly pumps and keep doing good works, soon enough they will gain our trust. All they need is just working hard and time.

It will always be like that. Aside from bitcoin no other coin that can reaches close to this, maybe for ethereum but it still to early to say that. They fueling the defi system and this could boost their marketcap. And also there are few numbers of project becoming more interested on defi means there is a chance for altcoin to improve without relying too much on bitcoin.

Basically, the topic that has already discussed before was BS and why, the creator was saying that something looks strange when he could still check the existence of altcoins on the CMC or various exchange site.
Only scam altcoins will be boycotted and the trusted coin will remain the same on its place.

Even if investors are holding and still investing in bitcoin, it now obvious that altcoins are gradually dominating as the dominance of bitcoins reducing. The focus is more on ETH and other altcoin are also gaining recognition.
This is no longer a rumour, it's the reality.

I think investors will tend to invest in new things and new coins are often the first option that they are interested in investing. In my opinion, any altcoin will be risky when you choose to invest so I'm not sure you can make a good profit from that coin. It may be a good time to consider investing in this phase, but be careful as there are many market traps that can cost you money at any time.

It's more than clear that there is a certain type of interest from Bitcoin mass detainers and other institutions to generate this type of feeling and view of reality. Therefore, the altcoin market depends on large movements to generate some type of movement in altcoins. The monetary result of altcoins is summed up in the valuation of Bitcoin.

I think people are not easily trusting like before as not many new altcoin projects good enough. Old altcoin projects already have a hard time keeping their investors to believe in them. So a market like that, Bitcoin dominance is not unexpected.

Not necessarily altcoins but half baked projects and redundant projects with no value to offer. The crypto industry and market has been littered with these kinds of projects bringing about a loss of interest in most altcoins and attention shifted to the other bigger and more stable cryptocurrencies. It is quite understandable that people will lose interest in some crypto projects.

Very nice point mate, too many baseless altcoin projects already yet we still face scalability issues and other drawbacks hindering blockchain/crypto mass adoption. Imagine some new projects copying Whitepaper, what then can such a project offer? Such projects over time will be extinct since they add no value. Some good altcoin projects like LINK have been really cool with development, hence can't be boycotted.

take it easy when the price increase of cryptocurrency has seen price increases from top ranking coins, good news and the existence of new projects such as DeFi and new developments such as the Ethereum 2.0 project will have a good effect on cryptocurrency price movements which will always have price increases.

Not really here in the forum and they were too many of them here to get rid of in the first place. For now, precautionary measures is the best way to get scam or involve in joining projects that could waste time and resources.

Some were still positive on altcoins especially on establish already. Even myself holding altcoins like ether and ripple. I have high hopes on this coin that someday these two coins can go high and earn high in it.

Yeah, this is true! People are more comfortable to invest in those familiar and big coins such as BTC or ETH. The reason is that these investment offers them a feeling of safe and secure. Furthermore, consider this market's current condition, BTC and ETH is pumping. People are expecting for a bullish season that will be triggered by the launching of ETH 2.0. Let's see how the market works out!

Bitcoin has majorly been the major investment coin followed by Ethereum. Altcoins will always be altcoins and can never replace bitcoins as investments. They most times ride on BTC price highs. Most altcoins are paired against BTC on exchanges and that greatly determine their volume band interest. Bitcoin bans Ethereum are seen to be safe and reliable which shows why people invest in them more.

However, there are some useless altcoins developed by teams for the purpose of making money and dumping on investors. These type of altcoins copy Whitepapers word for word and at the end, investors are left with unexplainable losses .

I still have some tier one altcoins for the purpose of trading and getting profits not really investment

I guess there will be no situation on when Alternate Coins are being boycotted. I mean, we are using the Cryptocurrency Industry and the whole industry is not being carried by Bitcoin but also by other existing coins that supports each other. We can say that Bitcoin has a major role but we can also say that its not just Bitcoin that is doing all the work. Ethereum and other Cryptocurrencies are also useful in their own ways.

Definitely altcoins are not getting boycotted.  I was asking myself why is the price of only BTC and ETH are skyrocketing at the expense of other altcoins.  Then it was done on me that investors are actually selling other altcoins they have gotten in order to buy either BTC or ETH, that's probable reasons why the price of other altcoins are dropping.

The reason you gave is indeed right, but there is one more possibility that makes sense in my opinion, investors are selling other Altcoins because they are still interested in Bitcoin and ETH, anyways it's also a very logical and natural thing because BTC and ETH have always been also has a lot of demand.

I can assure both of you that altcoins weren't getting boycotted or something like that. Since ETH will have 2.0 coming soon everyone wants to diversify their portfolio to have more ETH. For BTC, lack of confidence in altcoin, as well as the market, was in the unstable state so people also want to increase diversify for their portfolio with BTC too.

Things will change over time as Bitcoin is the root and origin of all other digital assets. As more solid projects are developed, they will take some share from the BTC dominance.

Yes it is definitely spreading a dominance in the bitcoin crypto market. Bitcoin has created people's confidence that investing in Bitcoin can restore it. The amount of investment risk here is very low compared to other coins.
So if you stop investing in other coins, bitcoin will slowly fall. So it would not be right to boycott other coins.

Investors understand that Bitcoin is the most popular cryptocurrency and most investors invest in Bitcoin and that is why Bitcoin has gone so far from other cryptocurrencies, but altcoins are also very popular and in demand and may be much more popular than Bitcoin in the future.

Most people who participate are interested in the profitability of entering this market and should not be too greedy because the risks can happen at any time if you are not careful. Of course Bitcoin will always be the top coin in this market as Bitcoin's current price is very high and will soon reach ATH someday. The thing to do now is to wait patiently and continue to hold Bitcoin if possible.

Its all about being patient and believe in what you're investing in.
If you really believe in some alt you've invested in - big dump on market is the time for you to buy more, not to make FOMO decisions

Altcoins more popular than Bitcoin? I don't think it will ever happen.

The only way in which Bitcoin could lose its dominance is if it died or had a critical flaw. If it happened the whole market would take a huge dive and possibly all cryptocurrencies would be abandoned as investors become discouraged.

You'd need a dark swan event for altcoins to take over.

With rise of the popularity of stablecoins, the position of bitcoin has been greatly shaken, earlier bitcoin was used for cross-border transfers, now used USDT.

Acquiring and accumulating more of there top two find is actually very good, but know that not all altcoins are worth dumping for BTC or ETH. Some of the altcoins have very good potentials are able to give more returns than investing in BTC and ETH.
If the reasons for investing in these coins are or is this, then that most be a mistake.

unfortunately they don't know that altcoins have a higher risk than bitcoin because altcoins can get a lot of benefits but the price movement is very unstable and can cause losses when the price collapses instantly because altcoins have price movements depending on the project they have.

Lately Bitcoin dominance is getting reduced they are now at 56% maybe because of the DeFi hype we can see so many DeFi in the announcement thread and people are in a hurry to invest just like  FOMO, and there are also altcoins that are getting attention because of their development just like Ethereum and Tron.

Not really because all of the coins bitcoin dominated due to the fact that other coins are just being labeled as altcoins. We may not agree but alt means alternative to bitcoin and usually high valued investors will not waste and time investing in alts rather it will invest directly on bitcoin. This is what happen that we can see bitcoin dominated in the market. However, I get the feeling that bitcoin could go below 50% of the market in the future due to people are also believing altcoin investment. Altcoins too making a strong name in the market like ethereum.

I don't think so, we can't just generalize that altcoins is a bad investment or investors will choose bitcoin than altcoins.

If we look at the market in https://coinmarketcap.com/.

Bitcoin marketcap is    $192,272,300,771 while the overall marketcap is   $329,525,181,509,  so it says there's a huge market for altcoins also although bitcoin still dominated it at 58% currently.

Also, you might say that those are compose with altcoins as no one is really investing in altcoins, well, that's wrong because the total trading volume in 24 hours is  $110,568,867,096 while $52,299,855,960 belongs to bitcoin, which means more than 50% of the total volume belongs to altcoins and there are people trading with altcoins.
 

Most altcoins are currently dimmed in value, but in certain altcoins  like ethereum, Litecoin, Doge, XRP, BNB and many more there are still interested people to trade, investors are still interested in these coins. Who survives then he is the strong though Bitcoin dominates, but altcoin must be able to survive in all situations if want to still get the hearts of traders and investors.

Altcoins are still important as a trading pair for Bitcoin so for sure they will never die. Though Bitcoin dominates the market today, I think this is only normal and that the dominance will just decrease whenever investors starts buying Altcoins again. A lot of DeFi altcoins are trending right now so that will surely bring down BTC's dominance.

Bitcoin's domain is going up while Bitcoin is down which means altcoins are falling faster. It is a correction due to the sharp increase in prices in recent months.
Bitcoin has always held a large position but it will facilitate the altcoin to increase in price in the future as Bitcoin moves to a higher price point.
Of course, it is a progressive evolution of both Bitcoin and altcoins

Despite the bitcoin dominance, i think there still many altcoins that are doing good in the market. There is a hype right now in most defi platform supported by many altcoins. I am expecting positive development in the prices of altcoins this coming months. I am just waiting for the altcoin market to become bullish.

Bitcoin has always dominated Altcoin, Moreover, the price of altcoin is unstable, So that money is very easy to flow in bitcoin. There will be time for altcoins to recover prices, when the time comes, investors will make altcoins as an alternative to get multiple profits. Overall, bitcoin is much safer than altcoin, but altcoins are always giving new colors in the crypto market, so that altcoin and bitcoin can complement each other.

Soon we will be able to see a drop in altcoins in price and another rise in bitcoin. This will be due to the fading of the hype around DEFI projects and the release of investors into the most reliable coin in the crypto market. Bitcoin dominates because it is the most reliable and does not fall as much as altcoins.

the possibility will not happen because investors still believe in cryptocurrency and bitcoin, I am sure it will be more expensive because from year to year bitcoin will be increasingly difficult to obtain so it will provide a high price. So in my opinion when you look at bitcoins still cheap like this you should be able to buy as much as you can.

I feel people have come to understand that the value of most altcoin cannot be trusted for long term hold. Its possible to get an altcoin whose value would triple in few weeks or months, but the sustainability of the value is the issue, because such increase may be accompanied with much greater reduction in value.

Altcoin is not in a boycott, but altcoin is now more in number. Many altcoins are growing, but investors have not been as much as the growth of altcoins.
So the altcoin looks quieter even though there are still altcoins whose prices are going up.
In the past, Bitcoin has always dominated to this day. It’s natural because bitcoin though volatile, but the price is quickly recovering again.
So much demand is high for this crypto king.

There is nothing about boycotting the altcoins but people prefer to invest safely in Bitcoin which is relatively trusted in the crypto space. Also there are too many scams in altcoins so people are largely afraid if they may be caught in of those .

Altcoins this is tools for more experienced people, because they know how to choose the right coins that have stable development. Scam projects getting money from greedy people who do not want to study anything

There will always be people in government that is very sceptical to new technology challenging their sovereign financial systems. So yes, both Ethereum and other altcoins are actively being boycotted at the moment.

I believe time is on our side here, and in the next ten years or so this boycott might change as crypto and Bitcoin in particular gets more useplaces and transactions.

just waiting for a matter of time until the regulation is passed, although it will take a long time, but I am sure crypto will be adopted massively.
although not all coins will be recognized, at least blockchain and digital currency systems will be implemented in the future.

As a situation in our world, our thoughts will change from time to time. In crypto Golden time we saw that Bitcoin dominance was down to 30 percent. At that time, do we think that Bitcoin is getting boycotted? For so many scam projects, investors lost trust from new altcoins then top coins. Nowadays, Bitcoin dominance is going down again.

The methodology for calculating market capitalization is flawed, especially for some of the altcoins. For example, XRP was placed at no.2 in 2017, before ending up at the 4th spot. Do you really think that the market cap of XRP can be that high? I would say that the market cap is somewhat accurate only for Bitcoin. For most of the other cryptocurrencies, it is inflated. So the real Bitcoin dominance is much higher than what you see in the coinmarketcap website.

i agree with you about there is nothing about boycotting the altcoins, but the fact this crypto market is very unpredictable, so the price of altcoins could going down hard or fly high,,,
by the way, in my opinion without altcoins the value of bitcoin will not touch about $20K as the ATH from bitcoin price, if i'am not wrong  ;)
so, altcoins become one from many way to collect bitcoin right ? thats mean altcoins is important

Bitcoin's dominance speaks of its popularity among investors. It is people who decide what it is best for them to invest in altcoins, which can rise high and fall, or in bitcoin, which is generally stable and shows moderate growth. By the level of capitalization, we can see what is closer to the mass of investors.

I'm very curious to know the real dominance of Bitcoin. Please help me, where can I check the real dominance of Bitcoin? We know the future is getting more digital than now. The dominance of Bitcoin will be down in the future. The main point is that altcoins aren't getting boycotted. A new transaction of Bitcoin we can see, so we need more privacy coins.

Since altcoins now have more than seven thousand and their number continues to increase, a significant part of them does not inspire confidence among investors. Overall, however, altcoins continue to evolve rapidly. There are still a lot of useless altcoins, but they continue to be eliminated, only those who perform useful functions and are in demand remain. Therefore, altcoins are not boycotted by investors; among such a multitude of them, about ten percent are worthy for investment.

It is normal for altcoins to remain under pressure and if you see the historic bulls and bears cycle you will see that as market is approaching bullish cycle and bitcoin being the first mover will lead the market and altcoins will remain under pressure till btc hits new highs and then reverses.

Perhaps I will give an incorrect comparison. I apologize in advance. To me, altcoins mostly resemble used toilet paper. Because they primarily serve only one rise in prices and then no one needs them. And some are not even able to do this. There are altcoins that are really valuable for the crypto market and have great prospects, but there are very few of them and you can count only a few dozen.

The price of bitcoin weakly depends on the complexity of its mining. The price of bitcoin, like many other coins, is primarily the ratio of supply and demand for this coin. Personally, I don't care how much it costs to get bitcoin, ethereum, or anything else. I invest in what I think I am most likely to earn.

If you want to calculate the real market cap of various cryptocurrencies, then you need to study the daily exchange volumes. For coins such as XRP, the daily volumes are much lower than the assumed market cap, because the vast majority of the circulating supply is held in cold storage. If all these coins come online, then the exchange rate would be much lower than what it is now. I would assume 90% plus reduction in the exchange rate. The market cap will also decrease proportionately.

Bitcoin was dominating all the time, and this picture will stay unchanged always, as we can guess. For me, tokens are simply for trading, and alts “collection”: in portfolio can be changed all the time. As for BTC, it must be always presented in actives, and hodling Bitcoin is the best decision.

I think you will agree that all market participants have one goal - increasing their income from the market. These participants can be divided into two camps: those who create a wave movement in the market and make money on it and those who adapt to this movement try to make money on it. A similar movement was created during the last bull race and many people from the second camp tried to make money on these waves.
By investing in altcoins. What came of this, we now see how -99% of the initial deposit, failures on all fronts. Altcoins are still barely getting out of the ass they stuck in. While Bitcoin looks pretty good. Therefore, yes, altcoins are in a boycott.

They are not getting boycotted, this scenario might likely continue for a while until we have this dominance spread among projects that have a solid team and good use cases.