They follow each other in both bull and bear. The difference is that in bull altcoins tend to lag behind bitcoin and in bear market they get closerto it or even percede it with dumps. Also in bear market altcoins become more volatile and take bigger hits and in bull they pump more percentage-wise.

I don't think this time something will be different.

Not yet. We've been there before. Have you already forgotten that just 4 days ago the price at the same level?

Small selloffs are a normal thing in every uptrend and they don't change that we are still in a bull market. I expect this bull market to continue until we get really close to Bitcoin halving.

I've seen people like that. They don't want to learn, they just want the finished product.

I've been helping people with their computers. They wanted various stuff done like uninstalling stuck software, cleaning malware, registry, hardware setups like installing a new hard drive, bios updates. Every time I did that I invited them to watch and learn so they're able to do it without help but they usually answered "here's the money, you do it, I don't have time for it".

People who are lazy and greedy will always lose money. The problem is that most people are lazy and greedy.

I don't think people are buying gifts that are so expensive that they will have to dump a bitcoin or two to afford it.

The majority takes their loved one out for a dinner or buys flowers. Most people can afford it and even if you are in that 1% that needs to buy a diamond necklace, you probably can afford it without selling your investments. If you cannot, you're a careless spender

He's asking for Bitcoin because its an easy way of getting a ransom. What are the alternatives?

A cash dump? You have to retrieve it somewhere and risk being caught or at least photographed. The police usually put tracking devices in the money or paint bombs.
Using a fake bank account? Very hard to do and how will you take the money out? Using an ATM? There are cameras on every corner.
Bitcoin is a logical choice here but I'd choose one of the anonymous altcoins. Maybe he just wants something he used in the past and he's never traded altcoins before?

I have disks that are 5-6 years old. Scientists tend to keep their work forever. When they change computers they keep their old drives stashed in a box somewhere. Craig woke up years after Bitcoin was created and tried to patent it. He's not Satoshi and I don't understand why you'd believe that he is.


This is only a proof that real Satoshi didn't care much about the value of his coins. It's understandable because when he was mining there was no way to sell them. There were no exchange services and people who got involved in early 2010 were just giving it for free to others or exchanging for fun.

This does not prove that Craig is Satoshi. His forgeries paint a different picture.

People want to make money and nothing gives you a push like waking up to some large green candles.
 
In a bear market everybody is down and grim but when the market turns bull everybody wakes up and starts trading all over again. I like this change of mood and I like the enthusiasm even when all these youtubers and signal peddlers don't know  shit and it shows.

Let them do it, let them share that positive energy with newcomers. That's how bull runs are born.

None of these two. The main thing that boosts the market are bull runs on Bitcoin and those come from many factors that include popularity and tech in them but also exhaustion of sellers, some positive news, FOMO and more.

Altcoin value depends on Bitcoin that's all there is to it. Altcoins never push BTC forward but it's always the other way round.

Come on, P2P? Have you seen the volume on those sites? Probably not even 1% of crypto users go to these sites.
Saying that trading Bitcoin without ever using a centralized exchange is possible is just like saying that you can ditch your car and walk 10 km to work every day. Sure it's possible but nobody is going to do it in such situation just like nobody is going to run a crypto business without ever selling for fiat.

We are using fiat that's a fact and all the pumps and headlines are there because people are trading and creating volume.

People who lost their money in the big EU bank bailout will say otherwise. Haven't you heard about this? If you had money in one of the banks on Cyprus you'd lose part of your money permanently to save the bank from completely going bankrupt. They chose to steal from clisnts so that they would remain in business.

Money on a Bircoin wallet are untouchable. The only way you can lose is if Bitcoin loses value but you don't have to worry about theft.

It was also gaining a lot in Summer 2019 and then fell. If you look closely LTC is still following BTC but it gains less as time passes. In Summer when BTC was trading for 10 thousand LTC went to 130 USD. NOW BTC is back above 10 thousand again but LTC only at 80 USD. It's not even managing to act in proportion to BTC anymore.

BTC was not left by its creator. We don't know what happened to Satoshi. It's possible he died.
LTC was simply abandoned and dumped on the market by its creator years ago 2 years ago. 

I find it a waste of money. Why would you invest more money in ETH than BTC if BTC is the market leader that drives all other coins up?

Another thing is that I can understand your need to have an alternative to BTC in case something goes up faster but investing $100 into centralized corpo coins like XRP is a total waste of money. Also, LISK is a total shitcoin

No. LTC has no chance of even reaching its ATH once again after it was abandoned by its founder. It had a chance because it was an early Bitcoin fork which in a way linked it with Bitcoin, there weren't a lot of competing altcoins in teh space and it was actively promoted by Charlie Lee.

Now none of these three factors are in play and newcomers see BCH more as the best known Bitcoin fork. LTC is slowly becoming abandoned and forgotten.

OP has a wrong idea about this business. If we sholdn't expect a lot from new projects then why advertise them in the first place? You're just helping them scam others and promoting something that isn't needed in this space and will probably die anyway.

If you think the project is bad and will become another shitcoin don't promote it!

It can but I don't think that it will. Breaking an ATH will be a big deal because a top that started a bear market becomes a strong psychological barrier.
I expect a dump if we get close to 20.

Also many people will try to make up for the money they lost in the bear market. They won't care aboout possible future gains if thgey hold past 20 thousand. All they will focus on is to reduce the losses and exit with minimal gain.

BSV is shit with some nodes pointing to BCH. I read about that recent bug somewhere. Thios coin is not worh our time and money and should disappear along with faketoshi Craig.

Who is going to invest in those coins? do youy believe people will abandon other coins just to catch a possible pump before BSV halving? It's possible but the very thought is repelling to me. All the gains that BSV had was due to Craig lying in court that he's going to prove that he's Satoshi. Now we know that to be a lie. Don't pump this coin, let it die.

If this thing spreads and mutates to really become deadly, there's going to be a worldwide panic, not peace. Now it's still not very deadly with less than 1000 people dead worldwide. A similar number of people die every year from simple flu and much more commit suicide every year and nobody cares but when a virus kills them it's suddenly a big deal.

I saw Chinese news saying that when the news hit people were storming pharmacies everywhere buying face masks and supplies. Pharmaceutical companies must be making millions on this virus.

It's semi-decentralized because of fiat exchanges. At this time you're unable to do anything without a middleman in the form of an exchange. Note that payment processors are also exchanges, just more automated.
You buy Bitcoin with fiat to enter the crypto sphere and fiat is centralized and traceable. Then you put it on a centralized exchange where usually you have to get approved and share all your private data. Then you still cannot spend Bitcoin without a payment processor or an exchange  unless you agree with someone that they will take Bitcoins directly from you.

I also felt like that but later realized that it's just an excuise. You don't have to know the game or play it to bet on it.

Look how many people bet on tennis without ever playing or watching the game. People bet on horse racing but they never do race, they just pick the one that has good odds or just the one they feel to be lucky.

Maybe a big loss would? Or lack of money?

Even those like you who love gambling must have that one thing that could stop them from gambling. For some it would be a spouse, for others sickness, for some other people lack of money that would make them count every penny.

I'd stop gambling if I ever felt addicted or after losing a big sum of money.