Possible to make alts move without BTC ?

[7Sage]

from what i think its not possible since BTC is the main gateway to cryptocurrency , before you can buy Alts you gotta buy BITCOIN for most country / place . and its likely hard to move without BTC

[Koobtcgal]

Of course yes but not now because currently, people rely on the price of bitcoin to either buy or sell their altcoins. It will come a time when bitcoin and altcoins will no longer have that in common. Look at this like when there is bad news for an altcoin, it affects only that coin but same for bitcoin afftects all cryptos. when people begin to accept every crytpo as independent, this thing will stop

[charlotte04]

Hi to you all !!

Is it possible to make alts move without growth of BTC ?

I know it is possible just look at MC down to 280b today. And we can see a few coins going up when BTC is going down. Know many sell their alts moving to BTC when the market going down. What if we all stop doing this and just focus on the coins we believe in ?

If BTC drops 50% you will lose the same amount of $ if you hold BTC or another coin (know BTC will recover faster) if thats your excuse. I see many post topics about why do alts drop. But to answer that question do alts drop because most of the traders move their investments from alts to BTC when the market goes red.

Why dont we just stop doing this and change the crypto world together ?

I think every altcoin needs Bitcoin in order for them to move. Altcoins means an alternative coin to Bitcoin.

[ASHLIUSZ]

That's completely impossible to happen from my understanding about cryptocurrency, because each and every cryptocurrency getting into usage has got some dependence over bitcoin directly or through the real time usage. This causes the altcoins to grow when bitcoin grow and decline when bitcoin falls.

[mankind server]

Bitcoin is the primary entryway for the cash get into the crypto world.

Additionally altcoins are seen a much higher hazard speculation than Bitcoin.

So with not very many exemptions (which as a rule are brief pumps), the alts become after a Bitcoin recuperation period.

Obviously, it's not a 100% certain govern, but rather there were to a great degree few cases the market didn't take after this example.

[dolcefarniente]

To start investing in altcoins, you must have bitcoin anyway. In addition, in unpredictable, difficult periods for the crypto market, bitcoin becomes a certain refuge.
Therefore, we observe such dependence.

[jouns]

I think that this is impossible, the market is cyclical, traders inflate the bubble, inflate the prices for altcoyins, sell them and immediately invest in bitcoin.

[Hexah]

No it isn't a possible scenario since bitcoin is the welcome mat for all alts to get hype on the market. If bitcoin is healthy on it's value expect most alts will do the same as what happens on last year that most alt increased rapidly too similar to bitcoin but as of now as we enter a bearish market it will take time before it will recover. But I advise all don't believe on all the FUDs, it's better to hold and invest rather than doubting and get's nothing.

The price of BTC in April the last 7 years and present 📈

April 2011:  $1
April 2012:  $5
April 2013:  $133
April 2014:  $420
April 2015:  $243
April 2016:  $400
April 2017:  $1170
April 2018:  $6900

[JPS2K5]

Altcoins have their own uses. Basically most of them are just shitcoins but some of them have a strong build project to back them up. Still the demand and supply thing applies here for the movement of the price for a certain altcoin.

[okissabam]

For me I don’t think it is possible for Altcoins to move without Bitcoin. Because as I’ve mentioned before, the rest of these cryptocurrencies won’t be here if it is not for Bitcoin. I know it may sound so selfish to be loyal to Bitcoin but I know some of you must’ve agreed on this at some point. That’s why Altcoins in my opinion rely on Bitcoin, it may not be all the time but on most days though.

[Masik2018]

No, and they are to blame for it, because they take the BTC model and try to just collect money on it. Very few Alts bear real value in the market.

[Spiero7]

The possibility of this for me is kinda relatively low. Looking at the recent market up and down movement, It has always be Btc instructing all others in what their prices will look like.

[aardvark15]

No it isn't a possible scenario since bitcoin is the welcome mat for all alts to get hype on the market. If bitcoin is healthy on it's value expect most alts will do the same as what happens on last year that most alt increased rapidly too similar to bitcoin but as of now as we enter a bearish market it will take time before it will recover. But I advise all don't believe on all the FUDs, it's better to hold and invest rather than doubting and get's nothing.

The price of BTC in April the last 7 years and present 📈

April 2011:  $1
April 2012:  $5
April 2013:  $133
April 2014:  $420
April 2015:  $243
April 2016:  $400
April 2017:  $1170
April 2018:  $6900

I like this record of Bitcoin prices each year because it really shows the overall growth while also showing that there is volatility. The crash that happened at the beginning of 2014 had a huge impact on the price until 2017 when it finally recovered.

I do think we can see many altcoins outperform Bitcoin, but I think the health of Bitcoin will be a litmus test for all cryptocurrencies.

[Leona Lewis]

Hi to you all !!

Is it possible to make alts move without growth of BTC ?

I know it is possible just look at MC down to 280b today. And we can see a few coins going up when BTC is going down. Know many sell their alts moving to BTC when the market going down. What if we all stop doing this and just focus on the coins we believe in ?

If BTC drops 50% you will lose the same amount of $ if you hold BTC or another coin (know BTC will recover faster) if thats your excuse. I see many post topics about why do alts drop. But to answer that question do alts drop because most of the traders move their investments from alts to BTC when the market goes red.

Why dont we just stop doing this and change the crypto world together ?

As i saw almost always altcoins grow and go down in the same way as BTC does. There are some exceptions of that rule, but we can ignore them as they happen not so often.