Are top altcoins in a long term downtrend vs bitcoin?

[Red-Apple]

no, top alt coin will be synergy with bitcoin, when bitcoin up it is also up, and when bitcoin down it will goes down. however there is no way alt coin will replaced bitcoin, satoshi nakamoto still a legend

In short time, really not have any altcoin can replace Bitcoin with the momentum growth like now. But after 5-10 years when the cryptocurrency world's stable, Bitcoin will have many competitor can replace it anytime if Bitcoin don't improve it's system.

the thing about bitcoin's competition is that so far nobody has created anything capable of competing with it. and the worst part is that i think they are not even trying anymore!

back in the early days when altcoins started coming out like LTC, NMC, XMR,... these were trying to give something different and do something worthwhile to compete.

but the new altcoins are just aiming for the profit, to become more expensive even if it means a short life. the dev and early investors become millionaires and kiss crypto goodbye! this is not a competition any of them have any remote chance...

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[dennyd999]

Its hard to say. Some alts falling,but some recent alts from and for Asia like OmiseGo and Neo showing +1000% grow.

In General Bitcoin rise was always very good for cryptomarket. It means other will follow BTC some of alts sooner ,some latter.

[Mahanton]

no, top alt coin will be synergy with bitcoin, when bitcoin up it is also up, and when bitcoin down it will goes down. however there is no way alt coin will replaced bitcoin, satoshi nakamoto still a legend

Sometimes prices are correlated to each other between bitcoin and other top altcoins in the market and they do really go on the same way but this is not happening anytime and as we can see now they do go on different way instead of increasing its price together with bitcoin they do go down instead which means we cant really fully rely on the belief that they are going the same direction. This trend will surely go until this end of the year.

I remember when the price of ETH and any popular altcoins increasing with bitcoin together, making a cryptocurrency bubble which I assume the value before is still less than now, but really a good time to remember, I've cashed out my money and still regretting tho, this damn crypto world is unpredictable.

Regretting on this damn crypto world is really a normal thing since its really an unpredictable thing and most traders or investors would really commit these common mistake. Prices is really hard to predict we wont know if we did buy or sell on the right time or not and after that when prices go in other way  we do already start regret.

[Lontonbit]

Most investors who got in altcoins after the spring rise are way down vs bitcoin. I really thought Alts would bounce back after august 1. I was wrong and am paying severely for it. Should have sold all Alts in to bitcoin a months ago.