charlop24
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September 05, 2019, 12:54:30 PM |
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On looking at the title of the thread, one would think that altcoin are no longer relevant in the industry. But on a closer look, I got the message. Bitcoin dominance has always been, since the beginning of time, but at various intervals altcoin has gained a substantial chunk of the coin market. I have a conviction that the reason for this massive dominance is not far from the fact that several people are anticipating a higher return for Bitcoin in no distant time and want to partake from the moon.
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1BTC EQUALS 1CAR
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September 05, 2019, 01:12:59 PM |
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Sorry to everyone that who still hopes for all the alts to comeback, it is time to wake up from that long slumber. I mean, come on. 1000% down from its all time high and if some are still dumb to buy thinking it's very cheap then you are in an ultimate doom. That means more bagholders that are going to dump that even if it there is an altseason right now, it would still be impossible to ever get back to half of its ath price.
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daniel002
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September 05, 2019, 01:16:56 PM |
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Yes, when the bull run comes the altcoins will come back again. Just have patience and those altcoins you have accumulated will surely give you profits. These bear market is long, and I am sure that the upcoming bull run will also be long. So don't be disappointed just have patience.
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jostorres
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September 05, 2019, 03:05:16 PM |
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Looking at the market dominance, bitcoin covers almost 70.5% of the market trade as of time of writing. there is the need for altcoin recovery or it might spell doom for investors. i.e, people invest today on a new project and sell off tomorrow. According to a wall street executive, Max keiser, he strongly believed that altcoins has reached there dead end and advised that everyone should focus on bitcoin. considering the fact that bitcoin is limited. there is the need for altcoins as the name implies, Alternative coins.
What is your say on this.
What doom would it spell now other than what we already have. Most altcoins have almost gotten to zero and majority of its investor are getting used to it and living their normal life. They might still be hoping that one day, their investment would be back, but they are already seeing those altcoins investment as a mistake they made, and if they had known, they would have just basically invested in bitcoin alone which the dominance of bitcoin would have even been higher than this. I am still hoping though that things will turn around for altcoins and they will have their own market dominance also soon, when bitcoin starts to go on sideways, then altcoins are expected to follow up with an increase, this is still the last chance giving to altcoins before we conclude that altcoin market is gone.
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wedosgibas
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here we go
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September 05, 2019, 03:23:19 PM |
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Indeed, to maintain their coins in market, altcoin only continues to promote and hold certain events, that is if their services are less desirable.
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Mighty_crypt
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September 05, 2019, 03:33:09 PM |
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You have been told several times to hold on to coins and tokens with real use case and working products because these coins will be the only ones that will surge hopefully in the next altcoin season,today present market doesn't determine tomorrow market movement so altcoin season can still return but the truth is real working products altcoins won't be left behind
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Bossfidelity
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September 05, 2019, 03:44:20 PM |
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Due to the volatility of the market, we always have scenarios like this, though this is the first time am witnessing this level of dominance. I still believe that altcoin would bounce back. It could take a while for this to be achieved because several people are expecting the increase in value for Bitcoin.
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MisterLangley
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September 05, 2019, 04:10:03 PM |
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Looking at the market dominance, bitcoin covers almost 70.5% of the market trade as of time of writing. there is the need for altcoin recovery or it might spell doom for investors. i.e, people invest today on a new project and sell off tomorrow. According to a wall street executive, Max keiser, he strongly believed that altcoins has reached there dead end and advised that everyone should focus on bitcoin. considering the fact that bitcoin is limited. there is the need for altcoins as the name implies, Alternative coins.
What is your say on this.
It is appropriate if at this time must prepare to focus more on Bitcoin. I strongly agree with Max Keizer, that the reality is now investing in altcoin is no longer a matter that must be prioritized and signs that altcoin has reached a deadlock have been seen by no longer experiencing a rapid increase.
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jumiapaul
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September 05, 2019, 04:23:50 PM |
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We all should remember the first law of gravity which states that everything that goes up, would certainly come down and vice-versa. That applies to the cryptocurrency market. The dominance of Bitcoin is only for a while, altcoin would regain some market share as time goes.
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South Park
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September 05, 2019, 04:27:33 PM |
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Looking at the market dominance, bitcoin covers almost 70.5% of the market trade as of time of writing. there is the need for altcoin recovery or it might spell doom for investors. i.e, people invest today on a new project and sell off tomorrow. According to a wall street executive, Max keiser, he strongly believed that altcoins has reached there dead end and advised that everyone should focus on bitcoin. considering the fact that bitcoin is limited. there is the need for altcoins as the name implies, Alternative coins.
What is your say on this.
The current market dominance of bitcoin reflects more clearly the reality of the market, you want altcoins to recover but they were overvalued, there are thousands of coins in the market why do we need so many? What do they do that bitcoin cannot do? If investors are still holding their altcoins even now then that is their fault, it was clear that what we were seeing was an unsustainable situation, so I disagree with you, there is no need for an altcoin recovery what we need is that the majority of those useless altcoins disappear.
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fonzie_vite
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September 05, 2019, 04:46:07 PM |
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Not all of them for sure! Only the ones with a solid team, vision and ability to execute will be in the picture. A majority of alt-coins will die out!
I am an alt-coiner myself, heavily invested in Vite. It is one of the projects I believe is doing great work and will certainly survive and prosper!
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Tylev
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September 05, 2019, 05:29:06 PM |
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Looking at the market dominance, bitcoin covers almost 70.5% of the market trade as of time of writing. there is the need for altcoin recovery or it might spell doom for investors. i.e, people invest today on a new project and sell off tomorrow. According to a wall street executive, Max keiser, he strongly believed that altcoins has reached there dead end and advised that everyone should focus on bitcoin. considering the fact that bitcoin is limited. there is the need for altcoins as the name implies, Alternative coins.
What is your say on this.
The current market dominance of bitcoin reflects more clearly the reality of the market, you want altcoins to recover but they were overvalued, there are thousands of coins in the market why do we need so many? What do they do that bitcoin cannot do? If investors are still holding their altcoins even now then that is their fault, it was clear that what we were seeing was an unsustainable situation, so I disagree with you, there is no need for an altcoin recovery what we need is that the majority of those useless altcoins disappear. Bitcoin is a universal coin that cannot do very much that altcoins can. Of course, maybe 2000 different coins and tokens, this is a lot for the market. However, altcoins are very necessary and they are the basis of cryptocurrency. However, the cryptocurrency market has just begun to develop, and it is still too early to judge what will happen next and in what direction its further development will go.
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otto93
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Live, Hope, Win
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September 05, 2019, 05:38:25 PM |
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The current market does not guarantee that but there is a lways a possibility if the project owners all come back to realize they have a project and product to develop and stay focus on their Whitepaper
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cassavachips
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September 05, 2019, 05:42:46 PM |
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Altcoin will come back, it will all experience it and there will come a time. What's difficult is to know when their time will return
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mickey_miner
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Proof-of-Stake Blockchain Network
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September 05, 2019, 07:07:23 PM |
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Looking at the market dominance, bitcoin covers almost 70.5% of the market trade as of time of writing. there is the need for altcoin recovery or it might spell doom for investors. i.e, people invest today on a new project and sell off tomorrow. According to a wall street executive, Max keiser, he strongly believed that altcoins has reached there dead end and advised that everyone should focus on bitcoin. considering the fact that bitcoin is limited. there is the need for altcoins as the name implies, Alternative coins.
What is your say on this.
Yes. This will happen when Bitcoin quickly starts to grow in price and again a big stir in the cryptocurrency market begins.
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EmmaBen
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September 05, 2019, 07:20:52 PM |
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This is a great ask, might never be as bullish as way back in 2017. It could be intervals of rising and falling with long periods of bearish trends. The only tokens or assets worth holding at the moment are the top 10 assets on CMC even with this, one has to be really careful in selecting only those with real use cases. Altcoins that aren't up to the challenge will die a natural death over time.
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Bezobraznike
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★Bitvest.io★ Play Plinko or Invest!
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September 05, 2019, 07:40:35 PM |
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By come back creator of this topic ask will alt-coins reach their all times high prices again. I strongly believe that some alt-coins will rise even more. Many will fell off in next few years, strong ones will survive and they will be even stronger in the future. Now question is which alt-coins are that? I have my picks, and one of the reason why I invest in many alt-coins is that nobody knows which alt-coins will be more worthy in the future. I read many things, and normal person like I am, can be sure in anything. I invest in potential alt-coins and I hope that we will be lucky ones!
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kravas86
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September 06, 2019, 12:59:51 PM |
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I am very sad to realize that the reality is really this. Will soon begin mass sales of altcoins because of this, we are not going to see major updates in the Ethereum network and LTC. If we do not see it then we can say goodbye to these cryptocurrency giants forever. As a result, bitcoin will remain the only cryptocurrency on the market.
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ivaf
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September 06, 2019, 02:15:18 PM |
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I am very sad to realize that the reality is really this. Will soon begin mass sales of altcoins because of this, we are not going to see major updates in the Ethereum network and LTC. If we do not see it then we can say goodbye to these cryptocurrency giants forever. As a result, bitcoin will remain the only cryptocurrency on the market.
I do not understand why you say that we will not see updates of the LTC and ETH. On the contrary, the Litecoin network is quite stable, does not require major updates. And Ethereum is experiencing problems with scalability, for the solution of which an update is being prepared (Ethereum 2.0) in 2020. Yes, and the EOS is not going to give up their positions. So, Bitcoin will not be left alone
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salad daging
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September 06, 2019, 02:26:00 PM |
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we don't know what will happen in the future, now bitcoin is more dominating but it is still possible for altcoin to be able to regain its position in the market, in my opinion altcoin is not in a dead end and still has the possibility of a rise, the fluctuations in the market make we are difficult to predict market conditions, for now it is better to divide 70% investment in bitcoin and 30% in altcoin
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