Altcoins rising

[stomachgrowls]

I remember a day where BTC was king and all altcoins were lousy. They would all fail soon, and only BTC would survive. The market capitalizations of all altcoins was less than a tenth of BTC's. Times have changed! Today, the market capitalizations of all altcoins is more than 40% of BTC's.

Obviously, there is more and more money going into cryptocurrencies. BTC is still leading by far. BTC also remains the one and only crypto you can actually use to buy things, and it's the easiest to buy with a bank transfer. But it needs to get better quick. Investors now have a wide choice to put their money in, and that shows.

Thats why we should not make a period on our own views on a certain thing.Altcoin is definitely under by BTC but it still shows some progress in the years or months that have passed which means people are interested on having alternative besides to bitcoin.If the price is rising then expect theres an adoption which isnt surprising anymore specially to those coins who are on the top of marketcap.

[giveen]

If you do notice that people are not investing anything extra in altcoins they are simply exchanging coins from bitcoin to other alts. I hope you remember whenever the price of dash went up bitcoins price reduced. This time we didn't see bitcoin reduce when eth price increased as bitcoin was introduced in japan so maybe new investors might be from there.

[squatz1]

The alt coin bubble is going to end badly for people. I just hope that money flows into Bitcoin 

Probably just going to lead to a ton of people losing out and the people that are orchestrating all the pumps are simply just going to go back to Bitcoin holding, so you'd probably be right.

Any of the people who are just simply riding off the big increases on altcoins that loses out is probably just going to forget about Cryptos forever and just go back to the Stock Market, Forex, or something along those lines. But, the popping of this bubble is going to be gross and sad for a ton, kinda  like the 2008 mortgage bubble popping.

[isoneguy]

it is the year of the altcoin

Bitcoin can and should always be the referential currency.

However, some coins offer services that bitcoin does not currently have the capacity to provide and vice versa...this is as is intended.

For example, how some coins are being used as an economical and sociological test ground for segwit.

The concept of cryptocurrency is to adapt...at least a little. It's in the code...yeah?

[Naokia980]

The alt coin bubble is going to end badly for people. I just hope that money flows into Bitcoin 

Probably just going to lead to a ton of people losing out and the people that are orchestrating all the pumps are simply just going to go back to Bitcoin holding, so you'd probably be right.

Any of the people who are just simply riding off the big increases on altcoins that loses out is probably just going to forget about Cryptos forever and just go back to the Stock Market, Forex, or something along those lines. But, the popping of this bubble is going to be gross and sad for a ton, kinda  like the 2008 mortgage bubble popping.

I am forex trader more than 8 years. Let's think about "smart money" and "dumb money". When we compare the cash flow from two different groups, there are few possibilities. Big investors are looking for long term opportunities. You  can check statistics   of  "that opportunities"  on some sites which provide weekly spreadsheet.Digital money sector is growing and old payment methods is looking for a new way which needsvthat "smart money".  As the capital of the bitcoin is growing gradually we can expect the same to happen in terms of money flow into the network. Whether it can be in the form of investment or for any other process. Never underestimate the power of crowd. There is a chance that bitcoin will be beaten one day and an alt will soon be the base of all

[SpectivVR]

More and more people are moving their BTC into altcoins. As BTC rises, alts usually pause, but lately they've been rising together. This means new money is flooding in as well.

[jujugoboom]

No bubble, people in the world eventually find the value of bitcoin and altcoins, therefore they seriously invest in crypto, not bubble. We will have 100 billion in the end of the year.

[Ayers]

More and more people are moving their BTC into altcoins. As BTC rises, alts usually pause, but lately they've been rising together. This means new money is flooding in as well.

not true that when bitcoin increase altcoin go down, bitcoin is raising because altcoin is raising, people are buying altcoin using bitcoin, and making both increasing in value, because they need first to buy bitcoin to buy later altcoin

[Babyrica0226]

I remember a day where BTC was king and all altcoins were lousy. They would all fail soon, and only BTC would survive. The market capitalizations of all altcoins was less than a tenth of BTC's. Times have changed! Today, the market capitalizations of all altcoins is more than 40% of BTC's.

Obviously, there is more and more money going into cryptocurrencies. BTC is still leading by far. BTC also remains the one and only crypto you can actually use to buy things, and it's the easiest to buy with a bank transfer. But it needs to get better quick. Investors now have a wide choice to put their money in, and that shows.

That's right, if we are going to check it now the price of the potentials altcoin for real there are really rising up as well just like what happened to LTC now, imagine last year Litecoin has been keep silent for less than a years then when 2017 came up now look at price it was really high, but still bitcoin is on top of course.

[smartbitcoininvestor]

This altcoin run essentially means good things for Bitcoin.

Both institutional and altcoin investments are funneling into and out of Bitcoin. This is great for crypto as a whole and the sector in general.

TBH everyone on this forum is ahead of the game. The name of the game is to adapt and prosper. As the old fiat institutions crumble, we the people will rise with our own economic ideologies. Since crypto is spread apart by the people rather than by where you live,  this time economic control by force of war is almost impossible. 

[bitcoinvestor]

The alt coin bubble is going to end badly for people. I just hope that money flows into Bitcoin 

Dash and eth are still the best coin after btc. I think both will be next bitcoin in price

[Zggdrasil]

The alt coin bubble is going to end badly for people. I just hope that money flows into Bitcoin 

Dash and eth are still the best coin after btc. I think both will be next bitcoin in price

ETH with "no cap" at price of Bitcoin? maybe in marketcap yes, but same price.. I hope only ))

[smartbitcoininvestor]

The alt coin bubble is going to end badly for people. I just hope that money flows into Bitcoin 

Dash and eth are still the best coin after btc. I think both will be next bitcoin in price

Why is Dash considered valuable?

[hankyulpark]

Some of the altcoins are rising because of the features that it delivers that solves some problems that BTC can't handle. An example is SW implementation on LTC, that is showing that is possible and would be beneficial to BTC in the near future. The more an altcoin show different solutions to our problems, and become known, the more it's price will rise.

[CryptoMensch]

I really hope this bubble doesn't burst.

[Jantapw]

I dont know if someone has noticed or not.
but both altcoins and btc are rising simultaneously....

[btcforall777]

I dont think it is a bubble. Bitcoin is in the news so much that there has been a huge influx of cash into the space. Plus institutional money is coming in.  A few weeks a go the # 30 spot on CMC was $8m now its $50m.  $100m got you in the top 10 ranking but now it takes $200m.  The top 2 coins do $1 bil a day in volume. That is 10x a year ago.

Check out the CMC historical snapshots.

Crypto is in and its just getting started. Think if it multiplies by 10x again over the net year. BUY! BUY! BUY!

[batang_bitcoin]

I dont know if someone has noticed or not.
but both altcoins and btc are rising simultaneously....

I noticed it and it's odd because we know and familiar that when the price of bitcoin is increasing alts are doing a counterpart of it, they are decreasing. Well let's just take the chance of this, let's both hold together but profit is profit. I hope that this rally will happen for a longer time or it is much better if this is a continuous process.

[DomainMagnate]

I think people are invvesting in altcoin to convert them into btc later when price of Altcoin increses.The real crypto king is btc and will always remain so .

[smartbitcoininvestor]

It's just such a safe investment because of the utility and institutional money being poured in. Bitcoin is a fantastic store of value......you can literally convert it to anything.

Everything good about cryptocurrency has yet to even become a major part of our lives. Just wait til apps built on the blockchain become used more.