Bitcoin crush the altcoins?!

[dat.ho12492]

Bitcoin affects other altcoins, of course, but it is completely connected to bitcoins. What matters is the qualoty the investment and market capacity

Generally when the btc rises other coins follows it and that is why it is said to be leader as it decides the future course of the other coin In which direction it will fall . This time inspite of btc risen to 13k some time back altcoins just did not rise accordingly .

Although this scenario is somewhat similar to what you say, the bicoin increases and other coins increase with it but a weakness and ineffectiveness are expressed very clearly, while bitcoin remains healthy and goes up, other riders seem unable to keep running, all exhausted when faced with the power and unusual fluctuations of bitcoin. Crushing altcoin in a gentle way is what we see bitcoin doing, I don't know if this may be temporary or not but I know our situation is not optimistic right now

[poornamelessme]

Bitcoin affects other altcoins, of course, but it is completely connected to bitcoins. What matters is the qualoty the investment and market capacity

Generally when the btc rises other coins follows it and that is why it is said to be leader as it decides the future course of the other coin In which direction it will fall . This time inspite of btc risen to 13k some time back altcoins just did not rise accordingly .

So far, that's the key difference. Alts haven't kept up pace after each btc rise. In fact, any movement by btc at all seems to spin alts downward. BTC does a little roller coaster thing and correction, alts fell each step, never really getting back to where they were beforehand.

This will sound odd, but the best thing for crypto as a whole, or at the least alt market, may be for btc to fall back a bit and cool off... or at least remain stable for a couple of months.

[Cryptostudio.info]

The months of July to June have been conditioned by the high dominance of bitcoin and for this reason many alt have collapsed, Btc has reached almost 70% of dominance but in the future the investors will pour again on the alt ones to make greater profits

[nikogluttonym]

The only thing that will crush altcoin is your dreams. ) Bitcoin has not yet reached the maximum price in this race. Therefore, people will not go into altcoins from bitcoin.

[poornamelessme]

I think the dominance of the bitcoin market will be 90%, a lot of altcoins will be destroyed. honestly i don't hold altcoin anymore i only buy bitcoin at this time.

The problem with that scenario is that it basically would stifle crypto innovation. BTC is just a way of storing value and probably will remain that way. Alts are where the interesting things occur ... now real world usage would add value to those alts, and as of yet, there really isn't much real world usage for any crypto. But if BTC reaches 90%+, alts really won't have a chance and there would be less incentive to even try.

[HodlerKing101]

Bitcoin crush the altcoins definetly or the altcoins will bounce back like December 2017, January 2018?
What's your opinion?

Most or not majority of all altcoins are riding the BTC wave so, once BTC goes up, most altcoins will also go up in prices. Altcoins that can possibly separate themselves are the ones who are making tremendous efforts in going for big exchanges such as Binance and going for partnerships in the blockchain space. Though I'm not seeing BTC being beaten by an altcoin ever, it will always remain the one on top.

[Duzter]

Bitcoin dominance compared to the altcoins were very high. This is just the phenomenal growth of bitcoin, and those days of altcoin price pumping never happens again. As the dominance keeps growing it gives an outlook as the altcoins have got crushed, the truth is that altcoins were not that potential to stand along with bitcoin. To the growth achieved by bitcoin now altcoins too should've reached big, but there is no big growth.

[victoria444]

No, many people are now cautious going to alts, basically because of low project news coming from these alts. However, some projects are seeing a trickling form of adoption and purchase, eg is LEDu and Vechain, Stellar is also making big waves.

[Ziskinberg]

No, many people are now cautious going to alts, basically because of low project news coming from these alts. However, some projects are seeing a trickling form of adoption and purchase, eg is LEDu and Vechain, Stellar is also making big waves.

They aren't this year in terms for price appreciation, this year does is not so friendly for the altcoins because it's BTC's recover year, and unfortunately bitcoin has not rise yet based on our expectation, it's price has recovered but not enough to cause a FOMO, and that affected the altcoins a lot.

The thread title is so accurate, and I can answer it with yes because bitcoin obviously is getting more dominant now.

[airdagon]

I am of the opinion that, altcoin will rise again as in early 2018, altcoin is currently slumped because bitcoin is dominating the volume of cryptocurency prices, and when bitcoin dominance weakens, that's when altcoin will slowly rise

[Dewi Aries]

I am of the opinion that, altcoin will rise again as in early 2018, altcoin is currently slumped because bitcoin is dominating the volume of cryptocurency prices, and when bitcoin dominance weakens, that's when altcoin will slowly rise

When bitcoin price down, people will split into 2 types, who panic and who keep calm and take other action to get profit. But for now, in fact is a lot of people who panic when bitcoin price down, and not change their investment to altcoins. We must face reality that for now there is rare altcoins that up when bitcoin price down because people already sold their bitcoins and safe their fiat. Maybe if a lot of people know how to minimize risk in trading, they will change strategy instead of only sell bitcoin and kept their fiat.

[sockpuppet1911]

Bitcoin crush the altcoins definetly or the altcoins will bounce back like December 2017, January 2018?
What's your opinion?

They are also coming up with bitcoin. We are officially in the bull run and most of the alts are going up together with bitcoin.

ETH will bounce to 0.031 for sure imo.

Rates in USD's now $307, it will soon reach $500+.

He was talking about btc ratio, the only thing we should be paying attention to really. Last bullrun run it was a common joke to say that "i am up in usd" even if the altcoins dropped in btc.

[No One]

Bitcoin is the only coin that has dominated more than half the total crypto market. So I think it is logical that people prefer bitcoin more than altcoins. There are many reasons behind bitcoin crushing altcoins. Many people still understand bitcoin when it comes to cryptocurrency. So I think bitcoin will continue dominating altcoins.

[Kemarit]

Bitcoin is the only coin that has dominated more than half the total crypto market. So I think it is logical that people prefer bitcoin more than altcoins. There are many reasons behind bitcoin crushing altcoins. Many people still understand bitcoin when it comes to cryptocurrency. So I think bitcoin will continue dominating altcoins.

It is still in the top because they know that Bitcoin has the potential to get down huge profit. How many are bagholders around, still not selling their coins and would only liquidate when the price hits $100,000. That's why resilient those early adopters are. And even at it's 10 years of existence it remain as the best crypto asset so far and no altcoin are going to touch Bitcoin for the next 10 years. Altcoins will come and go but Bitcoin will remain and will continue to dominate crypto sphere no matter what negative things media are going to say about it.

[The Cryptologist]

Bitcoin crush the altcoins definetly or the altcoins will bounce back like December 2017, January 2018?
What's your opinion?

Nobody knows but ever since that the bitcoin has came back from $3k to $12k is that people starting to spread a huge dose of hopium across many social platform like twitter that altseason is coming. I know that they are just building the hype because they are finish selling their btc in this bullrun so they are shilling all their bags at their best.

[Tylev]

Bitcoin crush the altcoins definetly or the altcoins will bounce back like December 2017, January 2018?
What's your opinion?

Most likely, there will be neither one nor the other. Each year in cryptocurrency is special, not like other years. Therefore, everything that happened will never happen again exactly. However, I know for sure that altcoins are developing very quickly now and therefore the high level of bitcoin capitalization will not last long. Funds will always be transferred to where it is more profitable. Now everyone is waiting for the rise in the price of bitcoin. Whether this growth will take place or not, funds from it will inevitably go away after a certain time, in order to return again after some time, however, taking into account the new situation.

[leea-1334]

The big problem with this statement and picture is that people actually think Bitcoin is out there to crush altcoins.

This is not the case at all,,, in fact the only ones that ever wanted to become Bitcoin killer is altcoins. Bitcoin does its own thing. It does not care about others. It is not even out there to crush fiat. Everybody else sees BTC as the threat but this is not the case at least from Satoshi and user viewpoints.

[crazy-pilot]

It is true bitcoin has crushed the altcoins. But there are some of the altcoins those are  in green in the market and it will take time for the bitcoin to crush them.

[Williams_Leo]

It is true bitcoin has crushed the altcoins. But there are some of the altcoins those are  in green in the market and it will take time for the bitcoin to crush them.

Some altcoins are still green but very few and these altcoins only serve whales, more precisely, whales except using bitcoin for profit, they use small altcoins to earn more, we can see the pumps operate very reasonably and planning. But after losing support, bitcoin will continue to crush these altcoins as it did with many other altcoins, the mill is operating too strongly, crushing the psychology of many investors, hoping it will soon stop working when almost everyone has lost more than 80% of their assets due to the power of bitcoin.

[puremage111]

Wouldn't really say crush, crush sounds destroying

I mean Bitcoin didn't wanted to destroy all the coins in the same ecosystem/industry
Instead, people are just favoring Bitcoin more than the Alts in this case

Because if real world business/parties wanted to integrate or learn about the crypto industry, they can't void out Bitcoin
Hence, if more and more people are getting into it, Bitcoin is definitely the #1 they should learn and buy because its the pioneer of every coin