Bitcoin Forum

Hi, crypto enthusiasts!
I am thinking about recent situation on the crypto market. It seems that Bitcoin found the bottom and big investments are coming, but if you look at altcoins, almost every altcoin is bleeding and money is now moving into Bitcoin. Current Bitcoin dominance 47%!
Don´t you think that this could be end for many altcoins? Big institutional investors will not invest into altcoins...
What is your opinion.
Thank you!

Or... "Bitcoin (BTC) ETF Hype Could Be A Whale Ploy To Lower Altcoin Prices Before The Next Rally". See https://cryptodaily.co.uk/2018/07/bitcoin-btc-etf-hype-could-be-a-whale-ploy-to-lower-altcoin-prices-before-the-next-rally/ (https://cryptodaily.co.uk/2018/07/bitcoin-btc-etf-hype-could-be-a-whale-ploy-to-lower-altcoin-prices-before-the-next-rally/)

No, it is normal for altcoins to bleed once the bitcoin price starts to rise. Once bitcoin price became stable and increased, the altcoin price will start recovering, investors will buy back on altcoins. Some altcoin might die, especially those who have no working product or no real purpose.

Yes, you are right,,
At this moment a lot of money moves from altcoins to bitcoin,,
So, this make the price of altcoins red,,
But, soon the price of a good altcoins will rising, when bitcoin have a little corrections

I think altcoin market is still over inflated. I mean tons of trash projects needed to weed out. Hoping money coming into bitcoin flow into altcoins. However I think more downside, just look at XRP/BTC

Its true that some investors from altcoins move their money to buy bitcoin that is why altcoins is in red, maybe because bitcoin is on hype now but for sure after this hype altcoin will recover. as we know this altcoin will follow the price of bitcoin, but for now investors are only in focus on bitcoin maybe they are just going with the flow.We will let see what will happen next to altcoins maybe some of them will die especially those new coins that has no purpose.

Man, i should remain you again about what has already happened last year. This just the matter of time until ETF will be announced by SEC and there is no reason altcoin will die. It will be following the bitcoin in the future. see 2017's chart and then it will tell you a lot about that. Altcoin will be following bitcoin after the bitcoin bullish has already reached the top.

the truth is shitcoins will be die,,but, not for a solid altcoins such as ethereum, eos, iota and others
so, just collect more a good altcoins when the price down

This bitcoin dominance is a good thing for altcoins, not the death of them. This is a standard process during a bull run. First bitcoin pumps, and then people put bitcoin gains into alternates. Altcoins that have utility and a real world use case, aren't going anywhere.

If this truly happened I dont see a correction as bad as we have currently and so many coins would benefit just because of how much btc controls the market... Many of us would be sitting on a pretty penny if youre holding any coins/tokens.

With the decline occurring in altcoin investors switching to Bitcoin for future gains, nothing is expected under current market conditions especially on declining altcoins, it's very natural that there is time for altcoin to increase and there is time for Bitcoin to increase I can only hoping to buy more altcoin in the remainder of this market bleeding, after altcoin starts pumping a few times as I would get, of course the best altcoin should be the main target, do not panic with every condition.

We are already seeing alts bleeding heavily in anticipation of a spike in Bitcoin, I think this will be an exiting couple of months

I think this will not be necessarily the case as we see now Bitcoin price continues to surge. but that is all because of major incoming news or simply it might be a few whales buying up to make it look like it. I like to keep in mind the possibility of ETF extension or even rejection until further notice.

Best way is to hedge against your decisions.

We already saw this situation at the beginning of the year when BTC pumped and alts were bleeding, but after some time alts pumped very high after btc.

The bleeding can be regarded as normal because investors expectations of huge profit come August but after that, we still see much money being invested into altcoin because of the spirit of diversification.

And what about past ICOs? It seems that a lot of them will never see ICO value. I am talking about real ICOs with great product, but current market situation will bury them probably.

the point is now crypto market cap almost 300 Billion, and BTC Dominance: 46.8%
so, this is really good for crypto, because i believe soon we can see altcoins price will growing too when the market cap reach more than 300 Billion

I think this is a great opportunity to buy altcoin at extremely low prices. Surely when the price of Bitcoin stable then the price of altcoin will also increase. I am saving over $ 20,000 to invest in altcoin during this time

I feel this is very normal. Same as last year, when Bitcoin prices increased, and prices of altcoin dropped. And when Bitcoin prices drop, the price of altcoin will increase. The altcoin will never die when the ETF is accepted

Agree with your comments. Currently, I have sold 10 ETH and invested in Bitcoin during this time. I believe the price of bitcoin will increase to $ 10,000 in a few days. Do not invest in altcoin when Bitcoin prices are rising

Agree with your comments. Now ETH is declining as Bitcoin prices increase in late July hoping that I will buy ETH for $ 400 in the next few days. Investors are buying Bitcoin a lot, and I think people should do so

I don't think so :). Last year Bitcoin price suddenly increased to nearly $20k but all altcoins were fine :). This time nothing will change and altcoin will wait until BTC complete increasing then it'll be the ere of altcoin :)). No need to worry too much about it, we just need to wait and believe in altcoin :).

no altcoins will not die because of bitcoin ETF and they won't survive just in case ETF was rejected! and ETF won't bring any big institutional investor anyways.

although what will happen is that with ETF and its hype we will see a big rise, possibly a proper bitcoin rally which leads to altcoin dumps become faster and that can make the altcoin market healthy again since they would reach their bottoms and there will be no more altcoin bubbles anymore so we can see the altcoin pumps start again and that is a very good news.

 Shitcoins and scamcoins could dissapear, but the rest of the legit altcoins will stay in the market sooner or later they will recover and they'll start following the btc uptrend, it's always been like this. People are simply dumping alts so they can enter the btc market since it's the only one looking bullish right now and it's giving people the opportunity to make good profits in the short-term (if the trend continues). All in all, alts will not dissapear because of big money entering the btc ecosystem, eventually, investors will start pouring capital in the altcoin market as well.

There is always a possibility that an altcoin can die anytime. And I think the bull run might cause some altcoins to grow since some of them really depends on the price of bitcoin. If an altcoin have a bad project development behind it, then it will surely die. Meanwhile, if the team continues to support their coin, the swing of bitcoin might cause that coin to push further as well. We we're able to notice this last 2017.

If altcoin can die just because of Bitcoin price increasing so I think it happened last year already :). I don't think this case can happen cause Bitcoin price can't keep increasing till the end of this year :). It'll rise back to around $15.000 then it'll be turn of altcoin to rise. If Bitcoin rise directly to $50k so I think the only cryptocurrency can survive is BTC and everyone will quit this market :).

i could also be possible that alts will oriented to an ither coin maybe eth price ß

what do you think guys ?

thanks ???

Bitcoin gaining 47%  out capital market does not in anyway make the altcoin market to bleed cause has already gain the higher percent of market capital right from the beginning and every altcoin thats is bleeding right now definitely don't have the right utility anymore cause the game in the market automatically changed right after the market correction. Besides, the Chinese manipulation is not helping the altcoin market either.

Yes and no. Yes, because the prices are really low now (compare to btc) and they're still dropping like crazy.
No, because the Bitcoin will gain the power firstly, than (maybe) altcoins... we will see.

I think it's natural, because when the price of bitcoin goes up, the altcoin will go down. and after the bitcoin price stabilizes, altcoin prices will rise slowly.

1 of 10 alts grow with BTC, but it's hard to catch it
I'd rather hold my portfolio and trust to guys who are better in that then me
Also, i have some amount of money so i do intraday trading
WhaleTank in Telegram

ETF is now a days hot topic in crypto market and because of this hype we are able to see hike in market after couple of months.
ETF is something connected with secure investment that means there will no chances of loss and if it happens the that company will handle it. This is a very important factor which will bring millions of user to crypto as they will not have fear to invest in crypto due to its volatile nature.

The correct market hype depends on Bitcoin so altcoins are fastly growing in this moment but totally abnormal in market because Bitcoin is moving faster than altcoin so many investors are confused in this scenario. I hope market is positive in Bitcoin so others are growing in soon but still some peoples are buying altcoin so both are good growing platform.

They will all rise because ETF is also good for altcoins, when capital flow into bitcoin those investors will also be interested in altcoins, that may be only true for the short term.

Many alts will die if the ETF will be approved but the biggest alts will stay calm and can still ride the hype.

While bitcoin will soar and that's a given and solid belief by most of the crypto enthusiasts.

study the history of encryption. u will find a rule. Bitcoin just started to rise. altcoin's performance is not very good. as long as Bitcoin is stable. altcoin will break out and their growth rate far exceeds the growth rate of bitcoin

I hope they will die but not all of them will die for sure, it is also good for good altcoins because I really dislike shit overvalued altcoins who get others' money  :-\

I agree with your thoughts. If the ETF accepts Bitcoin, then altcoin will benefit greatly if that happens. Everyone is thinking negative for altcoin but I do not because every day there are new altcoin appear with much better technology than Bitcoin and Ethereum. Keep in mind only the new altcoin can help you become rich in this market

Yes, right now the bitcoin is having the majority of dominance in the cryptocurrency market and i believe that right now every investor are selling their altcoins and moving their investment from altcoins to Bitcoins and because of this the altcoins are under big panic fall and many altcoins are near to washout Zero price level. Many low-value coins will soon wipeout from the market.

Not all altcoins are going to disappear but I have no doubt that we are about to witness the death of many altcoins, I will not miss any of those coins that are completely useless but there are some good projects that may be caught in the crossfire and could disappear if there is no interest coming from the community, because I agree with what you say in your post, institutional investors are not going to take the risk of investing in an unknown altcoin, they are going to buy only bitcoin and at most some selected altcoins like ethereum and litecoin.

those institutional investor who only enter bitcoin is for speculational purpose only, they will likely dump their holding after bull season end.  those alt which have strong fundamental and have real usecase will remain strong.
you can't just say "die" easily only because the price get dumped

Quite the opposite, ETF institutional investors are strong hands long term investors. Even the short term traders are not all going to buy and sell at the same time, they will also permanently increase the price of bitcoin just by trading in the market. More liquidity, more demand and less supply all around.

just FYI the investors in ETF (or if you like to call them "institutional investors") aren't buying bitcoin. they are investing in ETF which is not exactly bitcoin and whether they buy it, hold it, sell it, panic sell, FOMO buy,... none of it will ever affect the bitcoin price because they are not buying bitcoin and what they do is not happening on exchanges, instead it is happening elsewhere!

This is quite true and in fact am surprise that people can still get surprised with what can be the latest trends with Bitcoin and the whole cryptocurrency market. This is a roller-coaster type of a market where we should be expecting the unexpected at all times. In other words, this is just a natural occurrence and soon things will start to be balancing off...soon there will be time where the alts can be recovering especially those which are considered to be good projects. We will just have to relax and wait for it!

It has been expecting to be happened after the bitcoin ETF announcement. People are believing in the rumour and they will be selling when the news about ETF decision will have announced by SEC. I think after 21 september and there will be another waves.

Yes, if Bitcoin's bull-run begins all altcoins will be dumped because everybody will sell alts for Bitcoin to join that leaving train to the moon. But when Bitcoin will flat altcoins will be pumped.

The price is not the only thing that will kill them, if the bitcoin price goes up then the interest in those altcoins is going to go down, it is true that the altcoins that have good developers and are any good will survive no matter what but there are many altcoins that only exist as speculative vehicles, what do you think it is going to happen to them when they are not even useful for that? They will disappear of course, and to me that is a good thing since there are many useless coins already.

Why do you think that large investors will not invest in altcoins? I think that if Bitcoin develops, then most of the altcoins will develop.

Bitcoin will and has always been affecting Altcoins. This isn't really news. I'm sure most of us already knew this.
Bitcoins bull run will drive people away from Altcoins. Everyone will redirect their attention to bitcoins and the prices of altcoins will be significantly low. That might be a good time to invest in altcoins.

Altcoins won't die out completely as there are some useful Alts like ETH and many of it's token that have real world usage with millions of dollars behind it.
Bitcoin also need Altcoin in order to keep its value in a way.

I sorry to disagree but i always see that Altcoins are always riding with Bitcoin movement like if Bitcoin price will drop then same with the Altcoins too and when the Bitcoin price rise up then Altcoins are rising too. It is like every movement of Bitcoin will create a domino epic on Bitcoin. I don't know the reason but maybe most of the Altcoin holders are always relying on Bitcoin performance.

That's what I noticed for the past weeks wherein they(investors) are more focused in BTC. My question is why, if you will look into a bigger picture ETH is more likely useful than BTC and they are more coins/projects that is worthy to invest in. But in my own opinion these whales will see the benefits of altcoins in the end.

if it was true then people would have already bought altcoins like ETH and their prices would have risen a lot more than bitcoin. and more importantly if it was true then these altcoin price would have never dropped like this with the smallest rise in bitcoin price!

I do not agree on with you that altcoin will die due to bitcoin bull run but they will rather rise if the price of bitcoin increase because bitcoin controls their price. I am sure when the bull run start, altcoins will show very positive rise in their price especially the potential ones.

Can't you see that basically the reason why BTC is still #1 simply because it is the origin or 1st crypto but if you will take a look on functionality example transaction fees and speed I prefer eth. But I cannot deny the fact that BTC is still unstoppable in the market. Altcoins will have their time and I can't wait for it.  :)

that's right mate. I agree with your opinion because I do also notice that when bitcoin rises , altcoin will also rises so when bitcoin started to bull run , altcoins will probably start their own bull run which means the can easily increase and not on dying . altcoin will only die if bitcoin will also die but that wont probably happen too easily because bitcoin nowadays is still indemand due to its usefulness . on the other hand , if altcoin will die , they will on their own and bitcoin will probably become more indemand because all people will switch to it .

I think the market will be excited to return to bitcoin

How is it possible that you overestimate the ability of the ETF. The cryptocurrency ETF is still able to rise, it just takes some time to wait patiently.

I think there will still be some institutional investors who will invest in ALT.
Because ALT can be more volatile, they're going after profit. ;D

The market always needs Bitcoin and altcoin, why do I say that? Well, as you all know, there are times when the Dominance of Bitcoin has dropped to about 33%, and the altcoin takes the market share of the market. But now Bitcoin is increasing in total market share, which means that the cash flow is switching between Bitcoin and Altcoin.

If there is such a change in the market, then I think this is very good. I think that this situation can clean up those useless projects, which will bring better development to the market!

Because big investors are not going to care for a coin that no one knows and that no one trust, they will want to get in bitcoin because even if the profits that bitcoin gives seems low for people in this market the profits are incredible compared to other markets, so why take a chance with those useless coins when you can buy the best one for cheap and wait for the rest of society to realize the big mistake they have done by ignoring the technology that will change our futures.

Possibly those shit coins will die but some altcoin that has potential may survive. Once bitcoin will start recovering some altcoin could increase. Yes it can brings good development with this bull run.

If you look at the last bull run it first started with bitcoin dominance and alts bleeding, but then the alts rallied and many of them were more profitable than bitcoin. Don't rule out the alts, they will make a comeback when bitcoin stabilises.

But what you forget is that alts went up first and decreased the bitcoin dominance because there was a lot of uncertainty about whether or not we will get segwit activated and there were announcement of forks of bitcoin, this created mistrust in bitcoin and this was when ethereum got very close to bitcoin in market cap to the point people thought there will be a flip between the coins, but this got resolved thanks to the developers that were willing to do everything to get segwit approved and since then bitcoin has not looked back.

Exactly. ETF postponed for now but that doesn't matter. It will be accepted in the near future and it will have a big impact on all the good projects (even for the bad ones). :)

Yes,, thats right and Buying altcoins is one from many way to get more bitcoin
 all of crypto traders want to collect more bitcoin,  because they believe if bitcoin price will growing hard in the future

There are plenty of altcoins with real business use-cases so those are not going to die. Bitcoin surely leads any new bull run but most altcoins will also follow it back up.

Those who has good fundamentals and already has projects that are running would have a possibility of following bitcoin while those coins that are not backed yet by anything and only has volume because they are used by whales or some groups for their pump and dump schemes would probably be left behind. Many coins are like that nowadays and if you think you are holding one then better think of you would continue holding it or sell and then buy a coin that has been existing for a long time and has the history of following bitcoin's price.

The bulls come at once will break your assumptions and show that the Alts are much easier to climb and up-to-date on technology. We have a future for them and they are increasingly attracting investors with little capital.

At december everybody invested to bitcoin, so altcoins were died? Anything died, after btc alts party starts evertime it is doing like this so I dont agree with you unfortunately.

If Bitcoin can be a pump, then I would love to see the death of most altcoins, because they not only have no value, but also constantly absorb the investors' funds. If the market can carry out such cleaning, then I think Bitcoin can be better developed!

Hi, how did this go for you? I'm sure you didn't hit your target, but did you make profits taking the is trade?

Decisions on Bitcoin ETF got delayed again, investors are speculating that the price of BTC to moon around 10x when Bitcoin ETF get approved. Because of this reason so many investors we're saling their altcoins and we're buying BTC, IMO this is the big reason which resulted in the rise of BTC dominance. Since the Bitcoin ETF is already delayed now manipulates are working to buy more BTC as much as they can. This whole crypto market is not dependent on BTC but the actual use cases too of the blockchain assets. I don't agree with the altcoins getting dead in future statement, infact if you see history altcoins takes rally with the Bitcoin. Whether it may be going down in the price or going up in the price as BTC is the main trading pair on all the major exchanges. Institutional investors will surely invest in upcoming altcoins if they found project useful and have good pottential. Institutional investors as well as VCs gets huge discounts on the ICOs when they invest.than why not they will invest in altcoins.

Pull your charts out further. Bitcoin had 95% dominance 4 years ago and it has been a steady downhill slide ever since. Alts make runs in bull markets and consolidate to Bitcoin during bear markets (though it's mostly to dollars, but let's not make the obvious too obvious). I think this trend (Bitcoin sucking a little less than alts) will break once another coin reaches the top position, but that may take another year or two based on the longer trend.

People realize that Bitcoin reaching a million is less likely than (insert alt here) reaching a similar 200x gain--there aren't enough libertarian posers to fulfill that demand as Bitcoin's most recent advertised reason for existing is a political argument, not a technological one. Add the fact that fiat-to-crypto gateways are increasing, and that Bitcoin's real main purpose is for alt trading, so Bitcoin's actual usecase, the one that Bitcoin maximalist refuse to acknowledge, will disappear before they know they were biting the hand that feeds them every time they called an alt a shitcoin.

There used to be a time when people quoted their alt prices in BTC, now most people quote prices in dollars--funny how subtly language can clue you in to the bigger picture.

BTC is sustainable development, they will never die, they will grow again later this year, I believe this will definitely happen.

I don't think that altcoin will die upon the resurrection of the bull, it has been observed that top altcoins have taken a ride whatever movements bitcoin has, so if bullish period of bitcoin will come I'm pretty sure same with of top coins but definitely there are some altcoins will die for not sustaining the value of their existence.

Lol at the moment btc is also struggling and this trend is continued from last 8 months which is supposed to be a long time in crypto, secondly we do not exactly know when etf will be approved, although i do agree that etf will result in 10-100x in btc in few months after approval but we still do not know when it is going to happen.

I will not be so positive that the ETF is going to be acepted in the near future, what makes you think that is going to be the case? Because I do not see why the SEC could change its mind so soon when the market has not changed that much, besides even if a lot of people are pushing for a bitcoin ETF I am not so sure this is going to benefit the market, many people see this is a the point of entry of institutional money but I think this will also be an attempt to try to suppress the price of bitcoin.

maybe it is true that some alt coins that do not have prospects in the future will die when bitcoin bull runs, but a strong alt coin will become X10 - X100 following the trend in bitcoin.

I didn't believe your opinion sorry for that do not offend not all altcoins go to die specially the strongest top 20 in the row goes pump if bitcoin once bitcoin bull run some shitcoins goes to die but not all and also i beleve some shitcoin have possible to become expensive.

It's hard to predict but I hope it can happen soon because people are showing signs of investing in altcoin more because they want to make a big profit from this market. Personally I am sure if the ETF accepts this market will enter the best development phase and all will go to the moon

Bitcoin dominance increase to almost 55% few days ago and now that the market looks healthy again with alts pumping again.

The dominance of bitcoin went down to 52.6% as of now.

Bitcoin is near to hit $6,500 again and for sure few days from now we'll see $7,000 soon. I don't think that all altcoins will die if bitcoin ETF goes on the track, some will survive.

This is just a cycle actually. when Bitcoin is down everything else is also down as there remains to be no decoupling from the King of Cryptocurrency which is of course Bitcoin. Where Bitcoin is going the res of the gang has no choice but to follow. Now, having said that, I think many of the projects already in the market will eventually die a natural death and it has nothing to do with Bitcoin it is because they are losing the interest of the market and one big reason is that these project got no traction at all and no real-world uses. Let's hope for the best that come 2019 the market can be better for the whole industry.

Its a domino effect if Bitcoin price starts to rise altcoins will rise too.  Bitcoin is technically the base price of most altcoins, so every price action always affects alcoins. In my opinion altcoins will not die easily specially those have purpose some might die due to failure to deliver their products or poor development but I'm very optimistic about my holdings these may not reward today or tommorow but always patience is key.

I believe that if bitcoin ETF gets approved, it will pave the way for more ETFs involving many other altcoins and should cause a big bull wave in the entire sector. Some bad shitcoins have died in the past and will do in future but the good ones should do well.

Altcoin will benefit greatly if the ETF accepts Bitcoin. I am sure 70% of altcoin will die and the remaining 30% can survive and survive in this market and now what is needed is to choose good projects to invest because if there is ETF involvement many investors around the world will enter the market and Bitcoin prices may rise by more than $ 100,000

I think bitcoin will always dominate the market and in recent times alt has worsened. a lot of fear and panic that happens, but that's a volatility and we must understand it in order to avoid loss.

No Altcoins is dying dude. It's all manipulation by the big players and institutional investors. They want your Altcoins cheap. Don't fall for their gimmicks. Another bull run is inevitable. It can only be delayed. But it's certain. Just hanging in their and keep the faith. Your patience and HODL will pay off eventually. Cheers

Very well said about those projects that are losing interest from the community. People will keep on looking for the best projects that will catch their interest but in the end, they'll invest to bitcoin. While some projects will survive but it's unlike before their ICO periods where they have a lot of investors and managed to reach their soft/hard caps. The only strategy that these projects can do is to make such news for their project to gain more popularity and investors.

There is a law in crypto. Firstly BTC is taking power from alts and usdt, then it is mooning, after that when btc is keeping on some level for some time, altcoins are getting stronger and even some of them mooning better than btc. So, I am waiting for the btc pump first.

Guys come on! Why are talking about most of the altcoins dying? Yes I agree, there are far too much altcoins and I guess 60% of them will fail to deliver someday but keep in mind...most of the ICOs got paid in Ether by their investors. And I think we all agree that Ethereum will raise as well as Bitcoin will rise . So in the end of the day those ICOs will have more liquidity only beacuse their Ether they got is now more worth! The only reason why an altcoin will die is because it has no real use case, has stronger competitors etc. But a good project will never ever die or fail due to the Bitcoin ETF. Its up to everyone to decide to sell his altcoins and go into Bitcoin just because he is asuming Bitcoin to rise faster then his altcoins. But if someone was convinced by his alts he will return to them after the bitcoin has increased. I hope for those that they willl aftwerwards get less of their altcoins then before because those who HOLD should be awarded not the other ones!

Altcoins suffer from their not high capitalization, that's what happens. If the market stabilizes, everything will return to normal.Except for projects that do not have anything.

And if that will be ignored by SEC and there was possibility for bitcoin to get the next bottom line. I will not put a lot of hope to the bitcoin ETF because we have known that SEC has a very strict rules to keep their investors secure from the any scam attempt. For me i still believe if SEC will still see bitcoin as a very high risk investment.

Bitcoin is a great influence on altcoin because only Bitcoin has a 5% profit margin. All altcoin will increase dramatically and may reach 100% in one day. I think altcoin will never die because investors love to invest in Cryptocurrency and in the future this will be a new investment trend for everyone.

I believe altcoins won’t die and will rise in prices after BTC start its bull run. With more money flowing into the crypto market, altcoins will stand to benefit too.

I think that at the end of this year there will be no very high growth in bitcoin prices. Investors will be afraid of a repeat of the events of last year and if bitcoin will approach the cost of $ 20,000, this will be a psychological barrier for investors. It's hard to say how bitcoin will behave in this situation, but I think that with the beginning of the market growth, when the altcoyins will rise, people will invest a significant part of the investments in altcoyins.

we have too many altcoin and i will give my agreement to reduce it except only most useful altcoin and supported by strong community. ethereum impact will give many new altcoin borned even with similar vision. and we cant deny it caused of some scam ico which utilize the ease of making new coin.
its great to hear that big investment are coming into bitcoin, hopefully this will be the good news for bitcoin holder.

Bitcoin regained its half of 100% market dominance altcoins die because they have low volumes from small exchanges, they are just pump and dump grounds from greedy traders, weak support from its little community or because it is a scam, still some major altcoins bleed from the recent decreases so be careful to some unknown altcoins, most of the portfolio is diversified to the best and quality crypto's.

Not necessarily, I have my doubts this is going to happen in this case, and the reason for that has to do with the reason of why the price of bitcoin is going to go up, if the price goes up because of the approval of the ETF then only bitcoin will go up since institutional money will begin to enter bitcoin and in no other coin, do you think those investors are interested to invest in the 300 coin in the rank of coinmarketcap? Of course not, they are interested in bitcoin and at best in a few other selected coins.

I think the Altcoins also may go up if the BTC goes up. Because people can buy big amount of tokens if they buy Altcoins. Not BTC. The demand for the Alt coins also may go up. That is my personal opinion.

The bitcoin ETF will bring more money into crypto in general, and that money will flow into alt coins as well. This happened in 2017 when the normies came in

well that's was some rational thought to think about, it's true that the last time bitcoin rising, it crushes so many altcoins. even ethereum can't following bitcoin uptrend. so it's make sense if the next bullrun will be the same

Is this a fact or speculation?

This year there are lots of new exchangers, this is a sign that the market is developing. no need to worry about the decline in altcoin prices, because trade will grow with increasing bitcoin purchases.

I am not convinced with these ETF speculations, I don't see why they would be approved, market is too early and unstable

Not from ETF but I think same. The most of alts should be die. And it will be live those who have strong and qualified team, good advisers with good contacts and real working demanded product. All other that made for speculation only must die. And after that we can see a strong growth

That's right only it also mean altcoins are likely going to stay down until 21st of September, when decisions about Bitcoin ETF shall be made, because that is what this latest market see-saw is all about. As for the extinction of purposeless altcoins, I think it's simply good riddance to rubbish!

Is it really possible that alternate coins will due to bitcoin's monstrous rise? Per experience, alternate coins seem to ride on bitcoin's market price movement because their price is tethered on bitcoin's market value. So i think it's logical to think that altcoins' market price will rise too when there is a bitcoin bull run.

Since the time this post has been added, BTC dominance rose to 53% (as of today)
If BTC starts another bull run with reaching $10-12k, many sub 200 ranks coin on CMC will die in weeks. And I think it's necessary that some of the scam coins goes away from market, it'll help in building a better crypto market going ahead. Also people sentiments towards crypto being a bad investment will change when only tens of coins remains.

The ETF was denied and then the SEC took a step back and now they are reevaluating their decision, it is not known if they are going to approve one of the ETF this time around but we should not put our trust in it, what we need to do is to keep promoting bitcoin so people around the wold become aware that there is an alternative to fiat money, if we do that eventually people are going to realize that bitcoin is the best option for them, this option will take a long time to bring more money to the market but with enough time it will show positive results.

it is speculation. People here write out thousands of possible reasons and try to make a conclusion, but actually, nobody knows the truth.

I think ETF will not lead to bullrun. Imho values if this ETFs are too overstated. As I wrote Bakkt has much more chances to implement mass adoption for cryptocurrencies. This instrument can lead to some turnover but not any ETF. That's why some alts will alive for a while but in such market their days counted already

If most of the altcoins die it will be because of the actions of the developers of those altcoins, do not blame bitcoin or the investors, if the investors saw a great potential in those coins they will invest immediately since investors are always looking for one thing, a good project to invest, the fact they do not do it only tell us that the majority of alts are nothing but trash.

In this market we can not say anything with perfection. Few months back a hype was created about consensus 2018. And now same manipulation and hype are created For ETF.

I hope that it would work (ETF approval) and we can see Bitcoin at around $50, 000 by the end of the 2018. Let's just wait a little...

Of course, on the new pump of bitcoin, a pump is possible for many alts. Crypto investors will be smarter, and most altcoins are shit. I think that with every wave of the pump many alcotnas will be bought less and less.

Personally, I think the bitcoin bull run will also be altcoin bull run because if the price of bitcoin is high, investors will also invest in altcoin as it will also rise slowly and when there is high demand, it will grow even higher though altcoins that are not legit and do not have good management team and technology may likely crash but I believe potential ones will remain.

Things are never that simple, if the market worked like that then it will be very easy to become rich but since we see the opposite and we see many people losing their money in this market because their expectations do not become reality then it is very unlikely that the approval of the ETF will be enough to push the price to those high levels.

Yea.. More money coming into the market would raise the price of most alt coins as well. Think about it. If the market cap were to double overnight, then a good majority of that new money would be going into other coins. Not just Bitcoin. If someone were to learn about Bitcoin and invest in it, they've probably also heard about Ethereum. So they're likely to also throw some money into Ethereum.

Bakkt, the biggest and baddest, is coming before christmas, and the media has us talking about failed ETFs?

1st, most altcoin money is absorbed to bitcoin, plus ETF, altcoin will become dirt cheap. except a few.

I think altcoin is not die when bitcoin have massive bullrun, like last year if you see the table all altcoin is have potential growth more if bitcoin price stable,,

The dominance of bitcoin market always make big red blood on all altcoin especially if dominance is more than 55 percent, i hope bullish coming like last year