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Author Topic: Bitcoin crush the altcoins?!  (Read 10792 times)
corrado25
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June 28, 2019, 05:32:35 AM
 #81

What are you talking about? Most altcoins are in green as well. This is something really different unlike 2017. With many crypto adoption and news about big companies this is really something good for the whole market. Of course, btc will dominate the market.
I do not agree. practically all altcoins are lost and continue to lose to btc. all altcoins are red. if a dollar is taken, some coins have grown. Especially against the dollar, strong growth has been shown by eth, etc, ltc.I hope that all altcoins will soon begin to grow ro btc
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June 28, 2019, 05:37:30 AM
 #82

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

What the? Bitcoin has infatuations among altcoins? lol

Bitcoin did not crashed the altcoins. But because it is surging, some of the hodlers of altcoins change their investment in bitcoin as well as ethereum. It will just return back. In fact, it may goes up when market totally open for bull run season. We have to understand that bitcoin is the foundation of alts and it can cause a rampant movement in the market.

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June 28, 2019, 05:41:30 AM
 #83

The market will soon correct itself, so expect a reduction in the price of bitcoin, if not a serious plunge. I just hope that people are not carried away by what they see in the market now, because very soon there will be a shift in market trend, which might not be general though.
Market correction points are clear, where stops of long and short trading positions accumulated there will be an attack by the bulls and bears. Altcoins will continue to lose the market value and it will a catalizator one day for whole altcoin market.

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June 28, 2019, 06:00:39 AM
 #84

What are you talking about? Most altcoins are in green as well. This is something really different unlike 2017. With many crypto adoption and news about big companies this is really something good for the whole market. Of course, btc will dominate the market.
I do not agree. practically all altcoins are lost and continue to lose to btc. all altcoins are red. if a dollar is taken, some coins have grown. Especially against the dollar, strong growth has been shown by eth, etc, ltc.I hope that all altcoins will soon begin to grow ro btc

If we judge right now, we will conclude that altcoin is not performing, but actually it's just temporary, bitcoin had it's bull run and I don't think altcoins will not have a growth soon. Investors are just too aggressive with bitcoin now as it's more profitable but in the long run this market will balance out and will result to an overall good performance, that's my view in the future.

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June 28, 2019, 06:13:18 AM
 #85

The market will soon correct itself, so expect a reduction in the price of bitcoin, if not a serious plunge. I just hope that people are not carried away by what they see in the market now, because very soon there will be a shift in market trend, which might not be general though.

Bitcoin now is trying to increase, the altcoin just on its way to following to increase but not all of the altcoins. The market will recover, and we will see bitcoin reach another highest price, the altcoin will do the same as bitcoin. But some people are still worried to see the altcoin which is in the red candle. Many of them have desperate to waited for the altcoin market to back to the higher price.

I think the same as you because we are not yet to see the altcoin price reaches the very highest price, which we predicted it would happen soon. I am sure that the market will come back at the highest price.

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Jpti
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June 28, 2019, 06:15:26 AM
 #86

The market trend is like altcoins start increasing in price when bitcoin start increasing in price. And this trend has been in place for years. But the fact that price of altcoins does not go up on a par with bitcoin. So it seems bitcoin has affected price of altcoins when the market starts increasing. Now it is expected that altcoins will surge as bitcoin is declining.

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June 28, 2019, 06:23:04 AM
 #87

I don't agree if bitcoin destroys the altcoin for now. Where do you see it? When bitcoin experienced a tremendous increase, altcoin actually followed its movements but was a little slow. I don't know what will happen to Altcoin, but I see it still fine. Even the current conditions are far better than a few months ago (Q1 2019). Please analyze again. Thanks.
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June 28, 2019, 06:35:57 AM
 #88

I am sure that the market will come back at the highest price.


That's expect, the whole market just don't work synchronize in the early start of bull run, but sooner we shall see a good market like 2017.
I'm very optimistic now, I just convince myself than if I was able to hold last year, I think I can still do it this year until altcoins run starts, bitcoin is crushing altcoins now but this does not mean its trend will continue, trend will definitely change for the better.

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June 28, 2019, 06:41:13 AM
Last edit: June 28, 2019, 09:04:48 AM by royalfestus
 #89

Money flows into cryptocurrency though bitcoin and move to other altcoin when it is quite saturated and greed level is at the peak to make more bitcoin. There are speculation that we might side way movement in subsequent weeks, then more money in altcoin. Prospective altcoins should make awareness to attract attention. This may not affect  the shitcoins with crazy exchanges, those pumps are fake.
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June 28, 2019, 06:44:04 AM
 #90

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

come on man, you know that is not true, bitcoin itself has not recovered its original price of 2017 and you are saying it crushed the altcoins? By the check the market cap, you will see some altcoins like ethereum, litecoin etc are doing very much better.

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June 28, 2019, 06:51:04 AM
 #91

i think altcoin follow bitcoin if it rise, the problem is bitcoin is grow to high and not give altcoin to grow.
that mean when btc pump/raise very quickly altcoin cant follow it, but when bitcoin has break his grow then that altcoin time to pump.
but what we see a few days ago is that bitcoin is unstable and immediately goes down, causing altcoin to go down without an increase.
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June 28, 2019, 07:19:44 AM
 #92

i think altcoin follow bitcoin if it rise, the problem is bitcoin is grow to high and not give altcoin to grow.
that mean when btc pump/raise very quickly altcoin cant follow it, but when bitcoin has break his grow then that altcoin time to pump.
but what we see a few days ago is that bitcoin is unstable and immediately goes down, causing altcoin to go down without an increase.
When bitcoin jumped up so fast altcoins ain't catch up that fast but when bitcoin plummet down the entire industry followed right away afraid of being
stuck and loses big amount of investment, it should be learn and be anticipated not to fall from this kinds of movements.
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June 28, 2019, 05:08:41 PM
 #93

Bitcoin will never crush altcoins. There is a leader in any market and there are those who go near it. If the market capitalization of Bitcoin exceeds 70%, it will be very bad for everyone. The domination of one coin is not beneficial for anyone, so investors and traders will not allow it to happen.

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June 28, 2019, 05:12:24 PM
 #94

As for me, Bitcoin always supported altcoins and always pulled them along as soon as Bitcoin went up, it dragged in and in the price of altcoins I see nothing bad and illegal here.

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June 28, 2019, 05:22:53 PM
 #95

I think a more simple way of asking this question is... "Will alts repeat their same pump as they did years ago?"

And I expect the answer is, not really. BTC will most likely crush the alt price down, until BTC stabilizes. Where that is, who knows... 12K, 15K, 25K?

I expect alts to partially recover, but I don't think they'll do the 10x thing. More likely we'll see isolated pumps/dumps, some good coins increase at a slower rate, and a lot of bad alts die off.

Note that I am referring to alt price compared to btc, not fiat. When btc rises, alts generally go up in fiat... I think that is what some here are referring to when saying alts aren't being crushed. But as a trader, we tend to think alt-btc, as otherwise we are better off holding btc vs whatever alt.
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June 28, 2019, 05:25:02 PM
 #96

Bitcoin has always stimulated the growth of altcoins as soon as Bitcoin grows behind it grow and altcoins, but now I understand the situation has changed a bit. Altcoin growth will be a little later after Bitcoin is restored.

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June 28, 2019, 05:27:35 PM
 #97

Remember the year 2017, exactly the same picture. First, bitcoin shows explosive growth, then altcoins catch up with it. Many people know only the word Bitcoin, they have not heard about any other projects. In order to attract new players to the market, it is necessary that Bitcoin update ATH and set off to set new records! Altcoins catch up later, I think the altcoin season will come soon! Wink


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June 28, 2019, 05:38:05 PM
 #98

Remember the year 2017, exactly the same picture. First, bitcoin shows explosive growth, then altcoins catch up with it. Many people know only the word Bitcoin, they have not heard about any other projects. In order to attract new players to the market, it is necessary that Bitcoin update ATH and set off to set new records! Altcoins catch up later, I think the altcoin season will come soon! Wink

I'm not so sure it's exactly the same picture though. Back in 17 it was also the time of the ICO craze. So we had lots of alts doing the 10x thing (or at least pretty big pumps) way before btc hit its ATH. BTC was also stable longer too, it wasn't really until late summer before BTC started really rising.

I do agree than alts should increase and we'll have some sort of altcoin season. I'm just unsure when it'll be and I doubt it'll be the same as 2017.
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June 28, 2019, 06:12:15 PM
 #99

My analysis is very unlikely that bitcoin destroys altcoin. There is no fundamental reason. And I still have predictions that altcoin will return like 2017, even though it's a little slow and not as much as 2017, but there will definitely be good news. Dispose of negative thoughts, because this condition will continue to improve until next year.

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ChaoChibai
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June 28, 2019, 10:50:18 PM
 #100

Bitcoin price is surely increasing like a rocket now. Today bitcoin hit $12k and i think this uptrend will go on for a long time. Meanwhile the alts is suffering downtrend and slow growth. I think this is normal, altcoin will raise after bitcoin bull run.

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