bitcoin and alts

[cryptonx]

The last time bitcoin reached it's ATH a lot pf altcoins suffered. The reason must be, some people sold their altcoin to invest in bitcoin. Once bitcoin price settles, investors goes back to their alts, so it slowly recovers.

I also think that without Altcoins, the cryptocurrency market cannot be liquid and will develop further. Altcoins are an integral part of the entire cryptocurrency market.

yes Mr. Ailmand its slowly recovers, but only a good altcoin will survive mate
and bad altcoin project will die,,
i agree with you Mr.jarhed without altcoin, this crypto world will not growing fast just like now, because altcoin is very important part in this industry

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[Omega Weapon]

It's good that Altcoins are holding on in price with respect to Bitcoin. So this is their real bottom. I think that it’s already worth starting to buy cheap tokens.

You can do that if you want, but what altcoins are you thinking on buying? If you want to buy some of the most popular coins in the market then you are right but if you think that we are going to see some kind of resurgence of most altcoins then you are wrong, most of the coins outside of the top 100 are trash and the few that are not will soon enough find themselves in the top 100 anyway, you need to also be very careful since just a few days ago a bull trap happened and many lost money because of it.

[Deborah Christine]

if bitcoin retraces now soon what will happen to alts? will they fall with it or will they rise how will it play out?

If the price of bitcoin goes down, the price of altcoin will go down too. And if the price of bitcoin rises too dramatically the price of altcoin will also fall. Altcoin is more volatile than bitcoin. Altcoin instability is caused by a low market.
Altcoins are also exponentially easier to change, because they have a vulnerability to price manipulation, where large supplies are usually held by a handful of people.

[flyer88]

Currently the dominance of Bitcoin over market prices can indeed have a strong influence on Altcoin so that when the price of Bitcoin rises dramatically then the price of Altcoin will also increase slightly,  but if the price of Bitcoin goes down then the price of Altcoin will also plummet. this condition is very different when in 2016 - 2017 ago.

[gaston castano]

if bitcoin goes up, altcoin will try to go up, and that also depends on how far it flies.
we can see when the last bull was in 2017 where the price of bitcoin at the beginning of the year 1000 $ then rose to ATH at 19k $.
altcoin had dropped, but then followed it.
in some cases there are a number of altcoins that even go up to 100x at the time of ATH for example XLM.

[shoreno]

if bitcoin goes up, altcoin will try to go up, and that also depends on how far it flies.

i dont think so . btc had experience an increase lately but look at the status of altcoins . they are still the same but the increase of btc was not that high last time , you might be right it maybe dependent on how high btc have achieved

we can see when the last bull was in 2017 where the price of bitcoin at the beginning of the year 1000 $ then rose to ATH at 19k $.
altcoin had dropped, but then followed it.
in some cases there are a number of altcoins that even go up to 100x at the time of ATH for example XLM.

on the begining of 2017 i can only see that cryptos are not yet doing well  . they are only improving after the last quarter have entered but i dont see alts drop that time but instead alts follow the trend of btc . and 100x for alts ? thats too much .  your sayin that alts have a higher boost than btc ?

[genset88]

I don't know if you are aware, but altcoins are no longer affected by movements of bitcoin. Therefore I find it unnecessary to discuss this issue these days Maybe that's because we still can't see enough hard action from bitcoin but still my expectation is that in the coming months we will see a mini alt season and the bitcoin will start the bull run after it.

I agree with you that altcoins are too dependent on BTC in the market. What matters is when the altcoins return to the market. Perhaps we need new things, projects with good ideas and quality will pave the way for altcoins to come back again.

[tonyja2017]

BTC dominates the market and there is no reason for it to withdraw. BTC holds more than 70% of the total market value, altcoin almost all depends on BTC. I think in the future there will be good projects for altcoins to stabilize and recover.

[bitgolden]

if bitcoin goes up, altcoin will try to go up, and that also depends on how far it flies.
we can see when the last bull was in 2017 where the price of bitcoin at the beginning of the year 1000 $ then rose to ATH at 19k $.
altcoin had dropped, but then followed it.
in some cases there are a number of altcoins that even go up to 100x at the time of ATH for example XLM.

There were two incidence that happened during that time, the bitcoin value rose very high when the market players entered the market and at the same time, the ico became very popular then because of the rise of bitcoin, but the level of people in cryptocurrency then was still very low so the new broke fast and many people who are internet knowledgeable wanted to know about it, and from there they picked interest.

If bitcoin breaks forth today, don't be surprised that altcoin may still not follow, I mean altcoins that are below the top 20 in the market because many people are already used to this and they will not want to invest in altcoin again seeing how they have treated majority of their investors in the past, this makes me doubt if we will still have alts season.

[illnino]

The last time bitcoin reached it's ATH a lot pf altcoins suffered. The reason must be, some people sold their altcoin to invest in bitcoin. Once bitcoin price settles, investors goes back to their alts, so it slowly recovers.

I also think that without Altcoins, the cryptocurrency market cannot be liquid and will develop further. Altcoins are an integral part of the entire cryptocurrency market.

I do not think that now the crypto market can exist without altcoins. However, many of them will die. Everything is simple -heaping up a large number of cryptocurrencies that are not competitive can cause a crash. These cryptocurrencies are too idealized by users and in the end there will come a moment when they appear in front of the crypto community as they are (many of them - useless).

[henrybek3]

I was thinking of buying altcoin for high gain. But nothing but Bitcoin is on the market. I missed Binance's IEOs. I think you definitely need to keep Bitcoin on one side. I wish we could have a nice time, but we'd better get better.

[rodel caling]

if bitcoin retraces now soon what will happen to alts? will they fall with it or will they rise how will it play out?

I think they will fall a bit but they'll be back stable, the thing is we have not seen some positive action on altcoin in general, so most likely it will not be affected. Bitcoin continues to rise but altcoin still not moving the way we want it to move, only few alts are rising but not good enough like the last bull run.
Maybe bitocin needs to rise more and we need more time to see bitcoin trading stable at a high price, probably a new ATH, therefore we should stay patient.

That is truly right only some altcoins shows the potential to grow at this moment but I hope if the bitcoin goes back bullrun a lot of altcoins possible to increase aptheir price. And I agree stay patient time has comes for the new ATH.

[Omega Weapon]

Currently the dominance of Bitcoin over market prices can indeed have a strong influence on Altcoin so that when the price of Bitcoin rises dramatically then the price of Altcoin will also increase slightly,  but if the price of Bitcoin goes down then the price of Altcoin will also plummet. this condition is very different when in 2016 - 2017 ago.

The conditions in the market have changed dramatically compared to those years, back then there was a great hope that many altcoins were going to help bitcoin and it could lead to make this market even more popular, but that is not what happened, instead what we saw is that many altcoins created a negative image of this market from which we are still trying to recover, this has made many investors very afraid to invest in altcoins which has increased the bitcoin dominance to levels we have not seen in a long time.

[Flor1982]

Per market record performance mostly every Bitcoin price movement will create a domino effect to Altcoins like if Bitcoin price will fall it will make the Altcoins price to dump too and if the Bitcoin will soar high then most of the Altcoins will rising up too therefore the whole crypto market performance will always depend on Bitcoin movement

[stadus]

Per market record performance mostly every Bitcoin price movement will create a domino effect to Altcoins like if Bitcoin price will fall it will make the Altcoins price to dump too and if the Bitcoin will soar high then most of the Altcoins will rising up too therefore the whole crypto market performance will always depend on Bitcoin movement

You can tell why, here's a simple explanation.

BTC dominant rate is 66.5%
Altcoins total dominant rate is 33.4%

Therefore it's normal that altcoins will just follow whatever the movement of BTC, and its really bad if the market continues to struggle as BTC's dominance rate will rise while altcoins will continue to have significant dumps.

[crossabdd]

if bitcoin rises now, all altcoins will fall. because until now I see when bitcoin pumps, altcoin falls, when bitcoin falls, altcoin also falls. and when Bitcoin is stable, that's when altcoin gets up and rises high. that's what I analyzed after the increase from 2016 to the present. and very different in 2014-2015.

[MathGame]

if bitcoin retraces now soon what will happen to alts? will they fall with it or will they rise how will it play out?

Once the bitcoin bull run is over the next bull run will come for altcoins.
The cryptocurrency market has two types of the bull run; the bitcoin bull run and the altcoins bull run. 

[alan2here]

if bitcoin rises now, all altcoins will fall. because until now I see when bitcoin pumps, altcoin falls, when bitcoin falls, altcoin also falls. and when Bitcoin is stable, that's when altcoin gets up and rises high. that's what I analyzed after the increase from 2016 to the present. and very different in 2014-2015.

This market is hard to make a good profit because there will be another trend every year and Bitcoin is probably the only coin that can change everything in crypto. In my opinion if Bitcoin can increase and last until the end of this year, altcoin will have a new growth because recently a lot of big investors are interested in this market. Maybe possible the market goes against your mind but it is certain that the uptrend will happen again.

The thing to do now is be patient and buy Bitcoin at $8000 as this is a very cheap price this year. Of course this opinion is based on my personal analysis and you have the right not to believe.

[Ochakemaput]

if bitcoin rises now, all altcoins will fall. because until now I see when bitcoin pumps, altcoin falls, when bitcoin falls, altcoin also falls. and when Bitcoin is stable, that's when altcoin gets up and rises high. that's what I analyzed after the increase from 2016 to the present. and very different in 2014-2015.

This market is hard to make a good profit because there will be another trend every year and Bitcoin is probably the only coin that can change everything in crypto. In my opinion if Bitcoin can increase and last until the end of this year, altcoin will have a new growth because recently a lot of big investors are interested in this market. Maybe possible the market goes against your mind but it is certain that the uptrend will happen again.

The thing to do now is be patient and buy Bitcoin at $8000 as this is a very cheap price this year. Of course this opinion is based on my personal analysis and you have the right not to believe.

never rush to buy an asset. although now is fairly cheap, but the trend of trade and investment is not so good now. there is a possibility we can get assets at a better price. bitcoin or altcoin I think it's the same. there are risks and many possibilities that can occur.

an uptrend may occur, but it takes time and new trends to increase the adoption of a large market.

[btc_angela]

if bitcoin rises now, all altcoins will fall. because until now I see when bitcoin pumps, altcoin falls, when bitcoin falls, altcoin also falls. and when Bitcoin is stable, that's when altcoin gets up and rises high. that's what I analyzed after the increase from 2016 to the present. and very different in 2014-2015.

Bitcoin is already on top, hitting as high as 70% of the total market cap and most Altcoins have suffered -90% already I think altcoin has hit rock bottom and I don't think that they will fall even further. I think that problem is that many investors still thinks or least wanted to see a 2017 boom which is not going to happen unless bitcoin goes on a massive bull run and bringing alts with it. So far, that is not happening. What we witnessed is just a bitcoin's mini bull run or just simply a recovery.