Money Moving Back into Bitcoin from Alt-Coins

[talkbitcoin]

the money never really went anywhere. it has always been in bitcoin, what your link shows is the market cap if you look at the volumes you can see it is the same as all the pumps in previous years with a little bit more growth which is understandable as the time goes by more investors come in and during pumps they come in more!!!

but the term "altcoin market = penny stocks market" has some truth to it. nobody has ever taken altcoins seriously because they don't want to be taken seriously. all any of these forked and forked after forked projects care about is how to earn more money and hot to pump the altcoin more next time.

[X1easter]

I think majority of the spikes in altcoins have been due to the unrest in bitcin world, with discussion and disagreement between the parties, BUT nothing damaging bitcoin over long term happened, hence as soon as things stabilized, money will move back to BTC.
This is great for BTC and very bad for crypto's like ETH which started to try to take a portion of the market base, which is returning now to bitcoin.

[dreamer81]

The reason that altcoins will not crash to the bottom this time, is because people are becoming more aware of crypto currencies. Also the world's financial situation is in a really bad shape right now, which is why alt coins will finally push through and become more dominant.

[susila_bai]

The reason that altcoins will not crash to the bottom this time, is because people are becoming more aware of crypto currencies. Also the world's financial situation is in a really bad shape right now, which is why alt coins will finally push through and become more dominant.

What you are telling is only the good and valueable altcoins will be in market and balance shit coins will get dumped to dead and they wont rise soon. So it is better to invest in bitcoin which is a future coin

[BitcoinHodler]

The reason that altcoins will not crash to the bottom this time, is because people are becoming more aware of crypto currencies. Also the world's financial situation is in a really bad shape right now, which is why alt coins will finally push through and become more dominant.

not really!
bitcoin are barely even aware of bitcoin. they never even hear about the altcoins. granted they may have only heard about one altcoin (ether) but that is just because ether pumpers advertised it a lot with a lot of falsified news during the pump. but as you can see all the talks have stopped.
altcoins have been pretending to "push through and become dominant" but when push comes to shove they all dump to get their bitcoins out.

[OROBTC]

...

IF they resolve the scaling problem(s) by August 1 (or have a credible solution very soon after), then IMO Bitcoin will likely seize its crown back as the King of Crypto.  

There is considerable infrastructure around BTC (various merchants who accept it, who takes ETH or LTC?).  Any "Alts" would have to have a HUGE advantage (or more) to convince people and businesses to switch.

If they do resolve BTC's problems soon, then the medium-term future looks excellent (more people and merchants using BTC).  And I would go along with many posters here predicting a $5000 price before too long.

[BigWhaler]

It's still too early to make such a conclusion. The rise of Alt-Coins might have stalled at least for now but the upward trend is not yet over. Sure bitcoin is a more stable and popular investment option but some alt-coins have got great potential.

[iram3130]

It's still too early to make such a conclusion. The rise of Alt-Coins might have stalled at least for now but the upward trend is not yet over. Sure bitcoin is a more stable and popular investment option but some alt-coins have got great potential.

That's why I say that cryptocurrencies have future. Only the shit coins will be dumped to the ground but the powerful altcoins will hold it's ground even after the correction. People understood the value of altcoins and I don't think there will be a time where people take out all of their money from them.

[senin]

It so happened that bitcoin can be considered the main crypto currency. Therefore, alternative crypto currency is equal to bitcoin. The recent increase in the rate of bitcoin to 2,800 per dollar caused an increase in altcoyins. With each shake-up in the digital currency market, it is also logical that there will be a certain flow from the altkoins to bitcoin, since people trust bitcoin more than other alternative crypto-currencies.

[spadormie]

Well people became so afraid on the fork, segwit and other FUDs that occur these days. Feel bad for them for believing that. They panick buy alts so that their money would be "safe." But it is safe, even though you just let it stay. Have some balls.

[DuaLipa]

As a scaling solution has been reached, it looks as if money is finally flowing back into Bitcoin (https://coinmarketcap.com/). There is a clear downwards trend on all of the alt-coin's value graphs, while Bitcoin has a clear spike in recent days.

Thoughts on what this means for bitcoin / alt-coins in general?

First I don't believe they reached a scaling solution as a result of BIP91 and segwit. Then it's usual to observe that money is leaving those altcoins so that it could make another bitcoin glory. We waited for this too much and it's time for bitcoin to write another story.

[xuan87]

As a scaling solution has been reached, it looks as if money is finally flowing back into Bitcoin (https://coinmarketcap.com/). There is a clear downwards trend on all of the alt-coin's value graphs, while Bitcoin has a clear spike in recent days.

Thoughts on what this means for bitcoin / alt-coins in general?

First I don't believe they reached a scaling solution as a result of BIP91 and segwit. Then it's usual to observe that money is leaving those altcoins so that it could make another bitcoin glory. We waited for this too much and it's time for bitcoin to write another story.

Whether they reached the scaling or not this issue had given Bitcoin a positive movement, many people believe that the scaling problem is solved and all of them started to invest in Bitcoin again, the investors will always back to Bitcoin because Bitcoin is the strongest and already adapted by a lot of country, so it's more secure to invest in Bitcoin than alt coin

[babar123]

when an alt is traded only from bitcoin, you better see it as a ponzi game, no fiat is created from that speculation, so no, the money dont flow from alt to bitcoin. when the alt has a pair against fiat exit then its an other question

[szpalata]

As a scaling solution has been reached, it looks as if money is finally flowing back into Bitcoin (https://coinmarketcap.com/). There is a clear downwards trend on all of the alt-coin's value graphs, while Bitcoin has a clear spike in recent days.

Thoughts on what this means for bitcoin / alt-coins in general?

First I don't believe they reached a scaling solution as a result of BIP91 and segwit. Then it's usual to observe that money is leaving those altcoins so that it could make another bitcoin glory. We waited for this too much and it's time for bitcoin to write another story.

Hopefully this wouldn't be another story but the solution to fix our beloved cryptocurrency and get people onboard as we surge in prices from here. Many investors in Bitcoin are just looking for increased demand and so we are looking for the best for Bitcoin so that after it becomes a well established currency we all can profit from it.

[Happydd]

As a scaling solution has been reached, it looks as if money is finally flowing back into Bitcoin (https://coinmarketcap.com/). There is a clear downwards trend on all of the alt-coin's value graphs, while Bitcoin has a clear spike in recent days.

Thoughts on what this means for bitcoin / alt-coins in general?

Everything is growing so fast, it's a good sign, however, it also makes people feel anxious, the sudden increase can make the crypto market break.

[The_Dark_Knight]

As a scaling solution has been reached, it looks as if money is finally flowing back into Bitcoin (https://coinmarketcap.com/). There is a clear downwards trend on all of the alt-coin's value graphs, while Bitcoin has a clear spike in recent days.

Thoughts on what this means for bitcoin / alt-coins in general?

I have been saying that this will happen for quite some time, as people realize that bitcoin is finally making the changes needed to accommodate more transactions and to lower the fees, more people are going to return to bitcoin to take advantage of this new environment.

[Prodigan786]

I don't think alt coins is falling may bitcoin raising value but altcoins also the same Ether and waves are doing good even i converted my bitcoin into altcoins lots of my circle also doing same.

[The_Dark_Knight]

The reason that altcoins will not crash to the bottom this time, is because people are becoming more aware of crypto currencies. Also the world's financial situation is in a really bad shape right now, which is why alt coins will finally push through and become more dominant.

The price of alts is going to keep increasing, there is no doubt about that, but to think that they are going to become dominant is a big mistake, bitcoin is going to keep being the top cryptocurrency for a lot of time and to think otherwise is in my opinion a mistake.

[Aztek]

I think investors simply think that bitcoin is the only investment that can truly give them the results that they wanted. There are few alt coins to invest to, but its hard to stay with them simply because its a pump and dump market. Going to bitcoin, is an easy choice to make really. And today's price is looking good $2700 and probably can go higher in the next coming days.

Choosing only Bitcoin in the world investment is just playing safe and not taking risk. And quite okay for some who used to earn just enough. But if you want to earn more it us better if you always keep in mind that in the world of trading or any investment out there , it is normal to have risk and for us to earn we should live with risk and make the most out of it. It is not badvto invest on altcoin just make sure that you will manage it and work hard for it.

[The_Dark_Knight]

The reason that altcoins will not crash to the bottom this time, is because people are becoming more aware of crypto currencies. Also the world's financial situation is in a really bad shape right now, which is why alt coins will finally push through and become more dominant.

What you are telling is only the good and valueable altcoins will be in market and balance shit coins will get dumped to dead and they wont rise soon. So it is better to invest in bitcoin which is a future coin

Correct, altcoins describe any other coin besides bitcoin and there is a mixed bag there, there are some outstanding projects there like monero and a few others, there are some useful projects and there are other projects that are either complete scams or that had no chance of ever working.