Will alternative cyptocurrencies over?

[xtin-tin]

Who are altcoin lovers here?

According to a group of analysts at Fundstrat, they stated bear market for alt-coins, or alternative cyptocurrencies, is largely over. After a 75% decline in Alt-coins since 1/13/18, our alt-coin indicator ("% of alt-coins rising >200% in past 90D, or 3X) now sits at 3%, suggesting the bulk of the alt-coin retracement is done-in other words, we believe the alt-coin bear market is largely over.

Probably we can see some more fall down until the closing of some altcoins.  Only great ones will survive then.

 

Any thoughts on this?

source:

http://www.businessinsider.com/cryptocurrency-alt-coin-bear-market-ending-tom-lee-2018-3

[guanyikclkv8593]

Who are altcoin lovers here?

According to a group of analysts at Fundstrat, they stated bear market for alt-coins, or alternative cyptocurrencies, is largely over. After a 75% decline in Alt-coins since 1/13/18, our alt-coin indicator ("% of alt-coins rising >200% in past 90D, or 3X) now sits at 3%, suggesting the bulk of the alt-coin retracement is done-in other words, we believe the alt-coin bear market is largely over.

Probably we can see some more fall down until the closing of some altcoins.  Only great ones will survive then.

 

Any thoughts on this?

source:

http://www.businessinsider.com/cryptocurrency-alt-coin-bear-market-ending-tom-lee-2018-3

I also think only the good one can survive in the market.

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[ramini]

Who are altcoin lovers here?

According to a group of analysts at Fundstrat, they stated bear market for alt-coins, or alternative cyptocurrencies, is largely over. After a 75% decline in Alt-coins since 1/13/18, our alt-coin indicator ("% of alt-coins rising >200% in past 90D, or 3X) now sits at 3%, suggesting the bulk of the alt-coin retracement is done-in other words, we believe the alt-coin bear market is largely over.

Probably we can see some more fall down until the closing of some altcoins.  Only great ones will survive then.

Any thoughts on this?

source:

http://www.businessinsider.com/cryptocurrency-alt-coin-bear-market-ending-tom-lee-2018-3

My answer is No because Cryptocurrency cannot stand on its own without altcoins like Ethereum.
Nobody will trust Bitcoin alone without the other existing altcoins and most of the altcoins today have their own crypto projects so the price value does not depend on Bitcoin's market value but with the project as well.
Top altcoins are being supported by most of the crypto enthusiasts and not only Bitcoin are being invested and traded today but also altcoins as well.

[parker99]

It is possible. But I think other cryptocurrencies will remain and survive. Maybe other cryptocurrencies that are not that famous nor don't have the value will be remove.

[Ctn]

Its not big thing to know that the coin which is well nurtured will rise in the future. Obviously that is what keeping the existence of many of the coins which are almost reaching the top 100. However there are also many coins which can be considered the best one who are amongst the next 500 count but its just the fact that they dont get much exposure. Now the best part is, altcoins lovers are more than the bitcoin because of simple fact : They are cheap! Obviously every person that enters the market has BTC with them but that is like must have coin thats why they hold it. But on the other hand all of them get involved into altcoins for quick profits through the altcoins and I consider myself one of them as I like the alts too. Though they are shitty form of the money but they are making money isn't it!

[vv181]

One thing I know for sure is most of the altcoins is shit and has no real value. Pretty much all of them is just a clone of some existing repository/coins then they change a little bit of code that even some children can do. Only some altcoins that have a real-life usage and purpose will survive in the near future.

[conceivedspoon2]

No. Infact they are the reason why there is more of transaction despite the news flying around. Businesses now runs on blockchain which is the reason why economies of nations will be affected in one way or the other. Projects are cropping out and we believe that their base is majorly ethereum and blockchain.

[Palmerson]

One thing I know for sure is most of the altcoins is shit and has no real value. Pretty much all of them is just a clone of some existing repository/coins then they change a little bit of code that even some children can do. Only some altcoins that have a real-life usage and purpose will survive in the near future.

Perhaps it is not so. Even after prices dropped on all cryptocurrency I don't see that massively disappeared altcoins. Maybe you succumbed to panic and you see everything only in a negative way? Each coin takes its place in the market and there are always those who want to buy it.

[tycsols]

Market will start recovery in may-june and then with small corrections we will see new highs in every quality coin by the end of this year, i think the new highs will be higher than previous highs.