When traditional markets fall, alternative markets fall harder

[hulla]

This because most of the crypto are just altcoins for bitcoin. This is the reason why all of the crypto in the market will be influence by bitcoin market price movement. What you say is really true about the fall of this altcoins but mind you that altcoins also could go a good market price increase than bitcoin.

for now we certainly don't know yet, whether bitcoin and alt coin will later increase altcoin. because we cannot easily predict the situation in the future. so it takes time to find out, and when it happens we know it.

You might be right with what you said but there's something which tradition in crypto market and they will always happen weather you and I want it or not.
Therefore, the crypto market will definitely increase in the future and the market will still face price manipulation with or no ETF and BAKKT.

[1715349587]

1715349587

[vv181]

this is my opinion right now, I think blockchain technology is here to stay but I put into a debate if crypto tokens will be here to stay.

We can't achieve a decentralized currency without a valuable token in it(Bitcoin). Indeed blockchain technology could survive without cryptocurrencies but it will end up to be centralized technology which it is useless to not maximalize the potential use cases of the blockchain.

~snip
having said this it is also really posible that cryptos stop existing at all, because there are coins that really don't need a blockchain and are just pump ICO'S that have no real purpose, the only thing that its left is the blockchain technology by itself that dosnt really need to have a token with value attached to work, the world could adopt the blockchain technology without the need to have a pump token attached to it

The problem occurs is because there are still a lot of people that deceived by a useless project. Scammer won't keep recreating an altcoin and coming up with the same idea(no purpose and no real life usage) if the scam method isn't profitable.

[bittraffic]

When traditional markets fall, alternative markets fall harder but then crypto is a very different market compare to those traditional. If you take a look at the examples OP gave, the pattern is consistent being higher highs higher lows which means crypto is still in a bullish market. Unless it plunged to less than $200 and by then you can say its sloping.

[sheenshane]

When traditional markets fall, alternative markets fall harder but then crypto is a very different market compare to those traditional. If you take a look at the examples OP gave, the pattern is consistent being higher highs higher lows which means crypto is still in a bullish market. Unless it plunged to less than $200 and by then you can say its sloping.

Because crypto is the most valuable digital currency compared to the alternative traditional market. We know that time to time this crypto market will have a mass adoption due to passive income when it comes trading or an investing. Bitcoin futures or Ethereum options in one of the largest markets for cryptocurrencies marks, these currencies are another setbacks for investors betting on institutional demand to help end a cause of brutal year-long sell-off.

[tappersia]

When traditional markets fall, alternative markets fall harder but then crypto is a very different market compare to those traditional. If you take a look at the examples OP gave, the pattern is consistent being higher highs higher lows which means crypto is still in a bullish market. Unless it plunged to less than $200 and by then you can say its sloping.

agree with this.

[Kakmakr]

There are a direct correlation between traditional markets and Crypto currency investments in my opinion. When the Stock markets takes a plunge, professional traders starts looking for safe investments and Bitcoin and Crypto currency investments are not one of them.

A few years ago Bitcoin was seen as a good store of value, but in 2018 the 70%+ drop in the Bitcoin price smashed that perception with the average investor. Bitcoin is now a high risk investment and when prices on stock market shares fall, Bitcoin takes a beating too, because investors pull investments from high risk investments. 

[freedomgo]

The problem is we think too much, we always associate what is happening now to the past.
Bitcoin is different, it's the first decentralized tech that was created in the space and it has a real purpose which is beneficial to the users.
Not all the time we follow the trend in the past so maybe this time we move on a different trend and we follow our old trend in crypto which is pump > correction, vise versa.

Thanks for sharing OP, but I have different views than your opinion, I'm bullish with crypto despite that we've been corrected hard last year.

[guoyu78]

As long as you manage to distribute the blockchain equally in a p2p sense than you do not need crypto currencies to make blockchain decentralized. You just need other stuff, it could be tokens, it could be something else but you need to give the power to people instead of giving it to just one place. Aside from that blockchain could be centralized if its not about money to begin with.

Lets assume you are going to build a software for governments to keep track of a certain data, government could use blockchain software and be the sole user of that blockchain without giving out the power to anyone else. It will be centralized like hell but that is fine since the purpose is not to give power to anyone else anyway. Hence blockchain is looking like a bigger player than crypto right now and the adoption is much faster.

[syamster]

We need all transaction kind between traditional and modern market, some time when we are getting many people still use payment by traditional market, we have allowed what they have did.

It could be harder but that’s beneficial as this is both the best among us but the reason why governments are not allowing people to own both is because they are confused that maybe people will start adopting only the modern system and this will be a little dangerous for the traditional market. The modern the better it’s my opinion mate.