How bad is other altcoin value

[ajaymukund]

Critically observing the rate at which bitcoin value is low at this time, I now imagined how low other altcoin will be by now,even with bitcoins superiority. What is your view?

I think this will be over soon. When the value of the alts reaches a very low level in the near future, when bitcoin dominance reaches 71% - 73%, then the market will reverse. because when there are too many transactions in Bitcoin but the price still cannot push, traders will lose faith and start selling Bitcoin to buy and hold altcoins.
That is the general sentiment and that will happen soon. The market will balance again.

[Capt00]

Critically observing the rate at which bitcoin value is low at this time, I now imagined how low other altcoin will be by now,even with bitcoins superiority. What is your view?

I think this will be over soon. When the value of the alts reaches a very low level in the near future, when bitcoin dominance reaches 71% - 73%, then the market will reverse. because when there are too many transactions in Bitcoin but the price still cannot push, traders will lose faith and start selling Bitcoin to buy and hold altcoins.
That is the general sentiment and that will happen soon. The market will balance again.

Will, it means that we are turning back into $10 each BTC? That makes impossible.

The increase of bitcoin transaction it doesn't give worries, it simply means that we increase the number of users which could help so hold bitcoin price at high as the demand is too high also. And looking a positive effect towards altcoins, will it also give help for not leaving behind the wall.

[Distinctin]

Critically observing the rate at which bitcoin value is low at this time, I now imagined how low other altcoin will be by now,even with bitcoins superiority. What is your view?

I think this will be over soon. When the value of the alts reaches a very low level in the near future, when bitcoin dominance reaches 71% - 73%, then the market will reverse. because when there are too many transactions in Bitcoin but the price still cannot push, traders will lose faith and start selling Bitcoin to buy and hold altcoins.
That is the general sentiment and that will happen soon. The market will balance again.

Will, it means that we are turning back into $10 each BTC? That makes impossible.

The increase of bitcoin transaction it doesn't give worries, it simply means that we increase the number of users which could help so hold bitcoin price at high as the demand is too high also. And looking a positive effect towards altcoins, will it also give help for not leaving behind the wall.

Bitcoin won't fall at that range again, some people maybe hoping for that to dump that low to have an opportunity to buy, but I tell them, it's not an opportunity, they are likely buying a dead coin at that time.

Imagine BTC at $10,000 will fall at $10, no one would see that attractive, even the newbie in the market.
BTC has recovered and will continue to recover, it's been popular already although not so popular yet but the that path we are going now is very impressive, we were able to get the attention of the authorities and sooner we will see a standard regulation of crypto which could help achieve a massive adoption.

[futureofeth]

altcoins are not my favorite. my favorite is always btc.  altcoins are not volatile these days. last 1-2 years most of them loss their value up to 50x. some of them loss their value to one percent. they loss their value at the same time they lost their trust.

of course people who believe in cryptocurrency will choose bitcoin as the main asset in their portofolio mate
and i also believe only 10% altcoin will survive and another 90% will dead and gone from the market

Yes, that is what we are experiencing in the market because from 2016, we are seeing many fake projects are already dead in the market. So in order to find the good altcoins we have to research a lot about the companies because we cannot simply invest in shit coins without any developments with them.

[Innocant]

Critically observing the rate at which bitcoin value is low at this time, I now imagined how low other altcoin will be by now,even with bitcoins superiority. What is your view?

We always see that bitcoin will going to pump the price but some altcoins are still in dip situation. And maybe it is for bitcoin right now not for altcoins, And it will have a time also for altcoins to increase the price and maybe in this well be happen.

[slaman29]

Bitcoin won't fall at that range again, some people maybe hoping for that to dump that low to have an opportunity to buy, but I tell them, it's not an opportunity, they are likely buying a dead coin at that time.

Imagine BTC at $10,000 will fall at $10, no one would see that attractive, even the newbie in the market.
BTC has recovered and will continue to recover, it's been popular already although not so popular yet but the that path we are going now is very impressive, we were able to get the attention of the authorities and sooner we will see a standard regulation of crypto which could help achieve a massive adoption.

Never say never. It depends what the next ATH is again, and also depends a lot on when. Between today and ATH, anything can happen. Bitcoin only went to a low of $3000 since hitting ATH, and that's not even 90% of a loss. We've seen plenty of times when 90% from ATH happened (I shouldn't even mention altcoins at 99% I guess!). There's still chances for this to happen!

[didzi]

Critically observing the rate at which bitcoin value is low at this time, I now imagined how low other altcoin will be by now,even with bitcoins superiority. What is your view?

We always see that bitcoin will going to pump the price but some altcoins are still in dip situation. And maybe it is for bitcoin right now not for altcoins, And it will have a time also for altcoins to increase the price and maybe in this well be happen.

yes, i believe that, altcoin seasons will coming soon or later after bitcoin touch new high
in my predictions the altseason will not happend in this year, but maybe next year is the right time, after the halving event on bitcoin
now is the right time to collect more a good altcoin such as ethereum and bnb

[shoreno]

i believe that, altcoin seasons will coming soon or later after bitcoin touch new high

many people said that when bitcoin is dominating , alts will be in a bad condition but there are also users that said when btc is pumping alts will follow  .  i think im going to believe you , because that i what i observed before  .

now btc increases but i also observed that majority of alts are already recovering  .

other alts value are not bad for btc  but btc value are the ones that affect other alts  .

[alberdina]

Critically observing the rate at which bitcoin value is low at this time, I now imagined how low other altcoin will be by now,even with bitcoins superiority. What is your view?

My view of Bitcoin's value is actually very good. With the rising price of Bitcoin, it actually wants to drive all Altcoin pumps. However I see it does not happen, but the price of Altcoin all decreases.
The market conditions are now more complicated and I bought an Altcoin. Price only increased slightly, but after that, the price soon fell.

[cryptofirm]

Critically observing the rate at which bitcoin value is low at this time, I now imagined how low other altcoin will be by now,even with bitcoins superiority. What is your view?

a lot of altcoin will has no value in the future my friend
because people's will always focused on bitcoin,
only a good altcoin with strong team and community will survive buddy and the other will gone

[SirLancelot]

Critically observing the rate at which bitcoin value is low at this time, I now imagined how low other altcoin will be by now,even with bitcoins superiority. What is your view?

I think this will be over soon. When the value of the alts reaches a very low level in the near future, when bitcoin dominance reaches 71% - 73%, then the market will reverse. because when there are too many transactions in Bitcoin but the price still cannot push, traders will lose faith and start selling Bitcoin to buy and hold altcoins.
That is the general sentiment and that will happen soon. The market will balance again.

Most altcoins have already reached their bottomed and there is no where they are decreasing too again, before bitcoin started its bull run in April, it bottomed and it was at the point where it could not go low any further that it started increasing, and I am sure that this is the same pattern that altcoins too will use, the they altcoins will start their own surge will not be announced just like bitcoin, and we can see how some people, that could not place an order for bitcoin when it was $4000 was still regretting because they never saw bitcoin surge coming, and they were expecting the value to keep going down again because of the bear market.

There is another chance of altcoins for us now and I think we should not throw this one away, we should just invest and then wait for as long as we can.

[Distinctin]

Critically observing the rate at which bitcoin value is low at this time, I now imagined how low other altcoin will be by now,even with bitcoins superiority. What is your view?

a lot of altcoin will has no value in the future my friend
because people's will always focused on bitcoin,
only a good altcoin with strong team and community will survive buddy and the other will gone

What it makes things sad is that some of us think that altcoins are dead already and they are jumping into Bitcoin. But not totally it gives a huge impact to Bitcoin price cause it is still at low and never saw it moving high above $14k this year.

We could say that investors today are different from those early adopters, they are quite considering for a long-term investment which until now many of them are still holding altcoins. They don't lose their hopes cause they believe that there is a perfect time for altcoins which they may be right and this is I'd see in new sets of investors today.

[SirLancelot]

a lot of altcoin will has no value in the future my friend
because people's will always focused on bitcoin,
only a good altcoin with strong team and community will survive buddy and the other will gone

What it makes things sad is that some of us think that altcoins are dead already and they are jumping into Bitcoin. But not totally it gives a huge impact to Bitcoin price cause it is still at low and never saw it moving high above $14k this year.

We could say that investors today are different from those early adopters, they are quite considering for a long-term investment which until now many of them are still holding altcoins. They don't lose their hopes cause they believe that there is a perfect time for altcoins which they may be right and this is I'd see in new sets of investors today.

These early adopters believed in the project because satoshi pushed the project to an extent where it became independent, most of these altcoins didn’t push the project to the level where it can become independent before they leave it and allow investors or users to do the rest to extent of leaving the users to do the publicity for them meanwhile it does not work that way.

You will not blame investors that are complaining and given up, they gave them chances to prove themselves by staying but all in the end was disappointment, is it not the same investors that invested in other coins that are still in binance? How come they have no dumped binance and still with them waiting for future development and growth before the think of taking out their investment.

[Patrix_1]

As we have seen, BTC is still the most powerful coin that can survive under any bear market. Altcoins on the contrary have shown that they are very weak and if you look at price charts of ETH, LTC or EOS, they have lost much more than the main coin.

[cryptothreads]

Critically observing the rate at which bitcoin value is low at this time, I now imagined how low other altcoin will be by now,even with bitcoins superiority. What is your view?

We always see that bitcoin will going to pump the price but some altcoins are still in dip situation. And maybe it is for bitcoin right now not for altcoins, And it will have a time also for altcoins to increase the price and maybe in this well be happen.

yes, i believe that, altcoin seasons will coming soon or later after bitcoin touch new high
in my predictions the altseason will not happend in this year, but maybe next year is the right time, after the halving event on bitcoin
now is the right time to collect more a good altcoin such as ethereum and bnb

Why do you believe that Altcoin can increase in the future? There is currently no evidence of an increase in altcoin prices in the near future and this is only an speculation of each individual in this market so cannot be sure. I think Altcoin needs more time to be able to grow well in the coming time because recently a lot of bad news related to this market so the price increase will be delayed until next year.

I personally want Altcoin to rise but not this year as some of the big coins are still in the correction phase so will be difficult to predict what will happen next.

[lienfaye]

As we have seen, BTC is still the most powerful coin that can survive under any bear market. Altcoins on the contrary have shown that they are very weak and if you look at price charts of ETH, LTC or EOS, they have lost much more than the main coin.

Bitcoin dominates the market its just shows btc is really the king. For altcoins we know the prices are struggling even btc is turning ups or down. Alts dont follow and there's no sign of alts bull run so I think this year it will be hard to see some growth for altcoins even for some popular coins.

[elisabetheva]

As we have seen, BTC is still the most powerful coin that can survive under any bear market. Altcoins on the contrary have shown that they are very weak and if you look at price charts of ETH, LTC or EOS, they have lost much more than the main coin.

However, bitcoin is still a reference for all altcoins, I agree with you that bitcoin is the most ready and strong coin to survive in the crypto market. altcoin is still very dependent on bitcoin in its market movements, cannot move alone. so it is very difficult to expect from altcoin, although not all are bad and some can survive even if there is a decline but it is relatively small.

[arifteguhr]

Critically observing the rate at which bitcoin value is low at this time, I now imagined how low other altcoin will be by now,even with bitcoins superiority. What is your view?

In crypto almost certainly all altcoins must have a direct effect if bitcoin has increased or decreased. It seems that many altcoins cannot move on their own to develop themselves and are not always affected directly with bitcoin. even now altcoin is a lot of good but inevitable with the development of bitcoin as well.

Altcoin is a lot that goes down not because of bitcoin because it is not interested in traders and also the development is not clear. sometimes we see a decrease in price just think that it is the effect of bitcoin rising or falling but actually there are still so many factors that make altcoin experience a price decline. platforms that don't work and don't sell well in the community also make no trade

[the rise]

Altcoin is a lot that goes down not because of bitcoin because it is not interested in traders and also the development is not clear. sometimes we see a decrease in price just think that it is the effect of bitcoin rising or falling but actually there are still so many factors that make altcoin experience a price decline. platforms that don't work and don't sell well in the community also make no trade

Other reasons besides the BTC condition still appear micro, yesterday's example is TRX which has a case in China, the price reduction did not occur significantly and the recovery went smoothly in July. But when BTC went down, TRX could not survive and fell about 150 sat and is still low until now. bitcoin is still the dominant reason for altcoin, even the usdt / alt pair as an alternative doesn't really help.

[sirminesalot]

view from me maybe we have to really go through with patience that may be currently in a time of difficulty for us as people who are big enough in this forum, even though there are times when someone wants to always be the standard price, so right once in a while this must feel difficulty to be patient.

confidence and patience is the best capital in investing, it may be needed by investors who are like you and in the current conditions we as investors must be smart in taking advantage of every opportunity that we will get in investing with crypto and altcoin because we know that the development of crypto currencies is not we can predict with certainty its development and it's one of the risks in investing