mersal
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June 22, 2019, 08:19:46 PM |
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Bitcoin crush the altcoins definetly or the altcoins will bounce back like December 2017, January 2018?
What's your opinion?
Dominance of bitcoin is healthy but overall the price of every coin keep increasing so nothing wrong with altcoins with the price of bitcoin keeps increasing and more the price of altcoin also keeps increasing with this effect. Most shitcoins even react to the price increase don't bitcoin is doing very good thing for the altcoins as well. I have same opinion like you Mersal! Bitcoin dominance is a normal thing, this price rise is good for entire crypto-market. Nothing is wrong with alt-coins, some of them will follow this Bitcoin price rise, not all of them. This is Bitcoin season, after Bitcoin season we will have an alt-coin season, we just need to be patient. Most of the coins follow it because the dominance may be.Really the dominance is just its market cap but it doesn't prove anything other than price but when we are talking about price it has major impact on other coins. |
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K21000
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June 22, 2019, 08:25:36 PM |
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It is normal for altcoins to lose value (Both in terms of BTC and fiat) when bitcoin goes up.
On the plus side at least BTC is regaining its dominance which it somewhat lost during the pump of 2017.
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Shinpako09
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June 22, 2019, 08:34:13 PM |
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You mean crashed? I don't think so, of course btc will be on top but that doesn't mean altcoins has crashed. Of course they will follow the top 1 moves. So if btc is gaining, then altcoins will also in green. That's common and we've seen it already. If it's time for btc, then it's like it's also time for alts
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Ultimist
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June 22, 2019, 08:34:22 PM |
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Over time, altcoins will also be able to return their value. It is necessary that the market recovered in first and that the main coins came back to normal. So we still have a chance to buy promising altcoins.
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akram143
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★777Coin.com★ Fun BTC Casino!
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June 22, 2019, 08:47:19 PM |
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The big time had huge expectation in the middle of the investors that's me the imaginary things will happening and making the other investors to be say like this but there is no connection between the Bitcoin or any other cryptocurrency so if we invested in any other currency then it is also make the future to be brighter for that investor but that I'm that you have to wait is more higher than the Bitcoin.
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mbluxs
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June 22, 2019, 09:03:48 PM |
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Bitcoin crush the altcoins definetly or the altcoins will bounce back like December 2017, January 2018?
What's your opinion?
Dominance of bitcoin is healthy but overall the price of every coin keep increasing so nothing wrong with altcoins with the price of bitcoin keeps increasing and more the price of altcoin also keeps increasing with this effect. Most shitcoins even react to the price increase don't bitcoin is doing very good thing for the altcoins as well. I have same opinion like you Mersal! Bitcoin dominance is a normal thing, this price rise is good for entire crypto-market. Nothing is wrong with alt-coins, some of them will follow this Bitcoin price rise, not all of them. This is Bitcoin season, after Bitcoin season we will have an alt-coin season, we just need to be patient. Most of the coins follow it because the dominance may be.Really the dominance is just its market cap but it doesn't prove anything other than price but when we are talking about price it has major impact on other coins. many think that bitcoin will destroy altcoin. because the situation that is happening to the altcoin is currently deteriorating. but even though bitcoin is always increasing. that does not mean bitcoin will destroy altcoin. because I believe that this year the altcoin will still grow. |
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Averim
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June 22, 2019, 09:09:04 PM |
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Bitcoin crush the altcoins definetly or the altcoins will bounce back like December 2017, January 2018?
What's your opinion?
Bitcoin is the market regulator, usually what happens with Bitcoin also happens with altcoins. |
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BACARAN
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June 22, 2019, 09:09:25 PM |
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I don't think it would be like the previous bull season, there are a lot of altcoins.
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pixie85
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June 22, 2019, 09:24:46 PM |
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Bitcoin crush the altcoins definetly or the altcoins will bounce back like December 2017, January 2018?
What's your opinion?
Sincerely I don't understand the reason behind crawling of altcoins because back in 2017 both bitcoin and altcoins were running at same pace but different is the case now. I am still optimistic and I think things will change and altcoins will aso follow suit very soon. This could be because in the last bear market altcoins lost much more value than Bitcoin especially some of the bitcoin forks lost more than 90% of their ATH value. This means they showed a weakness and people will think twice before they invest again after losing so much. |
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Pet240
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June 22, 2019, 10:05:43 PM |
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Bitcoin crush the altcoins definetly or the altcoins will bounce back like December 2017, January 2018?
What's your opinion?
This is the expectation of so many people, but we might not be sure of what the time would be. Certain things are just like natural laws, which will just happen. One would have made so much in the crypto space, had it been things happen exactly as predicted. So many predictions are right, but time is a very important factor. |
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islafilipina
Copper Member
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June 22, 2019, 10:44:33 PM |
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I think some of the altcoins been affected with the rise of BTC but some altcoins gain good amount of price increase
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kodtycoon
Legendary
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Activity: 1568
Merit: 1002
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June 22, 2019, 11:23:44 PM |
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Bitcoin crush the altcoins definetly or the altcoins will bounce back like December 2017, January 2018?
What's your opinion?
how do you conclude bitcoin crush the altcoins, altcoins always move following bitcoin so i'm not sure why you assume bitcoin crush the altcoins and vice versa because now we can still see when bitcoin prices are soaring the market is green |
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ChaoChibai
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June 22, 2019, 11:29:54 PM |
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I don't think so buddy.. i think bitcoin is the leader in cryptocurrency, if the price of bitcoin is increasing then the other coins or alts will follow too. But it will takes time to increase the price.
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rachman mahesa
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June 23, 2019, 03:41:41 AM |
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I don't think so buddy.. i think bitcoin is the leader in cryptocurrency, if the price of bitcoin is increasing then the other coins or alts will follow too. But it will takes time to increase the price.
This is the opinion that I think about. Most people say that if Bitcoin increases, altcoin will follow it too. And in fact it's true, every bitcoin increases, of course Altcoin will sooner or later increase too. We can see for ourselves that it is currently increasing continuously and Altcoin is like that. |
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chocopapaya
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June 23, 2019, 03:55:36 AM |
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It certainly seems like it, but everytime btc leads the race it usually helps boost alts as well.
There is enough space in the market for many different coins to be very successful you know.
One thing you have to be careful though, is coinmarketcap is very misleading.
You see everything in green, doesn't necessarily mean it is rising in value.
What you really need to look at is the price of the coin in relation to btc, eth, or a stable coin.
Since the price on cmc is an average of its going rate for btc and is based off of btcs value, you need to see the real numbers.
If you not, you could easily think your coin is doing awesome but when you go to cash out realize it's not as good as you though.
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Peanyut991
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June 23, 2019, 04:03:55 AM |
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Your opinion is very wrong, bitcoin does not destroy the altcoin but instead helps the altcoin. If you observe correctly then you will know that bitcoin is a benchmark of altcoins, when the price of bitcoin rises then the altcoin will also follow it. And that's what happens now.
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Dimas99
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June 23, 2019, 04:08:05 AM |
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A large and uncontrolled increase in one time is usually a very influential altcoin. prices will experience a substantial decline. but not so long prices will also experience a substantial increase too.
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mickey_miner
Sr. Member
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Activity: 910
Merit: 250
Proof-of-Stake Blockchain Network
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June 23, 2019, 08:35:10 AM |
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Bitcoin crush the altcoins definetly or the altcoins will bounce back like December 2017, January 2018?
What's your opinion?
I think most altcoins won't go back to their previous price. Also, I think that unknown coins have more chances to rise in price than coins from the top 30. |
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cahbagus555
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Activity: 756
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June 23, 2019, 09:29:32 AM |
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Bitcoin crush the altcoins definetly or the altcoins will bounce back like December 2017, January 2018?
What's your opinion?
I think it's difficult to repeat the altcoin movement like in 2017. It might happen but only in a few altcoins and the altcoin price is now depressed due to the strong movement of bitcoin |
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maldini
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June 23, 2019, 09:50:04 AM |
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Bitcoin and altcoin will always go hand in hand and won't drop each other. Bitcoin affects the altcoin price and altcoin makes the price of bitcoin stable, I think both of them are closely related.
Altcoin is destroyed because of its developers, altcoin that doesn't have the benefit of just being a shitcoin in the future. Most altcoins are launched only for speculative purposes.
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