Can Altcoins do it alone ?

[Fatunad]

I would say there is zero chance of this in a million. If bitcoin goes down altcoins start fighting the battle of their existence, so we can't say they can move independently. If they can't survive when bitcoin goes down how can they exist independently?
It's written so many times here that whenever bitcoin goes green all the market goes green and the same hold true for red bitcoin also.

But unfortunately bitcoin will still dominate them all so chances it would go down is still out of the topic. So altcoin basically still need bitcoin in order to survive but only for the right one that is worthy enough to be the next bitcoin. So far, Ethereum and other stable coins are next to the line that would able to stand on their own.

[sazonk]

Difficult question to answer, because indirectly in general altcoins who have their own networks also follow the flow of bitcoin, even stable coins will always be based on the BTC and USD. may we take the example of ETH, this eth in my opinion is altcoin which is independent and does not depend on bitcoin in terms of its creation and technology, very far different from bitcoin, eth is supported by the community and a good market purchasing power, almost every exchanger is found by the ETH market itself, but still, even though it is independent, when ETH is paired to USD it will automatically be connected to the price of btc usd, in my opinion this is natural, how can BTC not be the root of all digital crypto assets and will continue until the internet dies.

[naikturun]

not all but some alt can depend on itself, when btc pump / dump there are some who do not follow it.
but the btc value will also affect their increase in value regardless of the project being good / bad.

[kapalmabur]

not all but some alt can depend on itself, when btc pump / dump there are some who do not follow it.
but the btc value will also affect their increase in value regardless of the project being good / bad.

indeed only a few, but those in the 100 best coins are only 2 coins today, Enigma and Kyber Network have risen quite high by 15%, if you look at the coin chart in the top 100, you will see everything the average price is at under support, of course altcoin will do its own way this time, always monitor the altcoin that you love and you will benefit if you trade

[adroitful_one]

I would say there is zero chance of this in a million. If bitcoin goes down altcoins start fighting the battle of their existence, so we can't say they can move independently. If they can't survive when bitcoin goes down how can they exist independently?
It's written so many times here that whenever bitcoin goes green all the market goes green and the same hold true for red bitcoin also.

But unfortunately bitcoin will still dominate them all so chances it would go down is still out of the topic. So altcoin basically still need bitcoin in order to survive but only for the right one that is worthy enough to be the next bitcoin. So far, Ethereum and other stable coins are next to the line that would able to stand on their own.

I don't think any coin is going to come out and overtake the number 1 position that Bitcoin holds anytime soon. Ethereum has had a good run, but it's market cap is still only 1/10th of Bitcoins. I think Bitcoin will always remain on top. It's basically a requirement to buy Bitcoin before you can buy any of the other altcoins as it is right now. So unless that changes and you can buy said altcoin directly easily, Bitcoin will stay on top. Everytime you invest in an altcoin, it raises the price of Bitcoin slightly since you have to have it first to trade for an altcoin usually.

[quality.crypto]

not all but some alt can depend on itself, when btc pump / dump there are some who do not follow it.
but the btc value will also affect their increase in value regardless of the project being good / bad.

Yes, few altcoins is not following their price indication about the Bitcoin and even sometimes they are not following about the fluctuations happen to the altcoins. They completely bother about the prices of Bitcoin, this makes the price of altcoin will surely decrease in the market and even though we see active developments.

[bering]

If we talking about majority the current altcoins then i think it would be the nature of altcoin itself that altcoin development will always be dependent on bitcoin price trend whether it will down or up because altcoin cannot live without bitcoin and if people says there was some of some of altcoin can able to reach uptrend while the price of bitcoin down indeed it was true but usually it won't last long

[kodtycoon]

to do it yourself as it is very difficult to do by altcoins who do not have good popularity because altcoins of course still need a partner in many things such as sales so they can run selling and buying there. so it's very impossible for altcoins to do it themselves without bitcoin

[MancyZz]

   I'm not sure what can be a purpose of this question. Why would alt-coins do something alone, why would Bitcoin do something
alone? Crypto-currencies should be connected and to work together, like we should be united and work together. We can have
fun, and we can try to outsmart each other, but we should do that in fair and honest way.
   Crypto-currencies should be a ground for all of us to have trusted economy! Nobody needs to do anything alone, we can do it
together.

at least they will not depend on every bitcoin condition, and can move with market speculation that has its own consequences, this is often not profitable for altcoin but it is indeed impossible, especially because it is always in the same market. Crypto speculators are also not too fond of something that is stable for investment, all cryptocurrency cannot be separated just like that.

Of course it doesn't depend with bitcoin all alone, because altcoin became so unique in terms of profitable aspects. Although it's so hard to aim a good value, but as we waited for enough time it might come to a point that the price will increase more better than now. Let's just expect more new updates from the community, and it became so surprising in the future.

Neither Altcoin nor Bitcoin will be able to run on its own. For considering that they were an integral one. So how good it is by having support each other. Behind Altcoin's current advances, Bitcoin is also one of the comparators that continues to emerge with many new variants. Making it quite profitable by running alongside Altcoins. Not many suggestions in addition to supporting the progress of Altcoin development from now on.

[styca]

Alts can't start a bull run by themselves, they don't have the strength. If you look at previous alt seasons, they have always followed a bitcoin-led whole-market bull run.
Bitcoin is the only coin that has the strength and can shift the sort of volumes that are required to get a bull market into full swing. This is why I don't think we'll have an alt season yet - because we need a bitcoin surge first.

Maybe in a couple of years some of the top alts will be strong enough to start a bull market by themselves. At the moment though, no.

[sehoon]

At first, I think that altcoin is just primarily based on bitcoin prices. But if you are going to think about it, cryptocurrencies have different technologies behind them, so I don't think that bitcoin must exist so these altcoins are going to boom as well. There are different cryptocurrencies that exist before bitcoin but bitcoin wasn't based on them. Bitcoin is the number 1 right now so it is going to be difficult.

[matchi2011]

At first, I think that altcoin is just primarily based on bitcoin prices. But if you are going to think about it, cryptocurrencies have different technologies behind them, so I don't think that bitcoin must exist so these altcoins are going to boom as well. There are different cryptocurrencies that exist before bitcoin but bitcoin wasn't based on them. Bitcoin is the number 1 right now so it is going to be difficult.

It will only realized once the entire industry being adopted and acknowledge the usages of those existing alternative coins around the market. But for now, the market still relying with how bitcoin moves and the trends that bitcoin continue to dominates it will only change things after the full adoptions of many alts, it can happen but it will take time, same thing with how bitcoin manifested this success.

[Reatim]

We have often witnessed that the growth of altcoin is associated with the growth of bitcoin as whenever there is a pump in the value of bitcoin we have witnessed green days for altcoins too but how long will altcoins be dependent on bitcoin? Do you think altcoin can do it alone and have it's own pump and dump without being dependent on bitcoin? What will it take for altcoin to prosper without bitcoin's involvement?

no altcoin can't(not to the point that they are being pumped because this will not stay longer and surely will dump again)because i think for those who have been here since 2017 obviously we have seen how great bitcoin can give us all specially those altcoins that needs being backed up by bitcoin.
and we will have another proof this coming 2020 after Halving happens if what is the true stand of each Alts,if they can grow their own or they will rely on the movement of the number 1 ranked currency.

[TheAndy500]

At first, I think that altcoin is just primarily based on bitcoin prices. But if you are going to think about it, cryptocurrencies have different technologies behind them, so I don't think that bitcoin must exist so these altcoins are going to boom as well. There are different cryptocurrencies that exist before bitcoin but bitcoin wasn't based on them. Bitcoin is the number 1 right now so it is going to be difficult.

I'm not sure about what cryptocurrencies existing before Bitcoin are you talking about ?! Can you give some examples?

As for the technology standing behind Bitcoin and other cryptocurrencies, it is quite similar. I think you mean usability - and here many cryptocurrencies will certainly find their place on the market. And that's why, in my opinion, there will come a time when altcoin prices will change regardless of what happens to the BTC price.

[deadthings]

No I don't think so. Bitcoin market cap alone is more then collective market cap of all altcoins. I have my trust in ethereum till last year that it may survive independently but I don't think that anymore. At least in coming five years altcoins have to rely on bitcoin for there survival.

[YinShuiSiYuan]

No I don't think so. Bitcoin market cap alone is more then collective market cap of all altcoins. I have my trust in ethereum till last year that it may survive independently but I don't think that anymore. At least in coming five years altcoins have to rely on bitcoin for there survival.

You should not lose hope in Ethereum. In my opinion, this is the only  Altcoin at the moment, which can change the value regardless of the Bitcoin price. Ethereum has lost a lot of value, which is why its potential is huge. If the upcoming hardfork succeeds, I think ETH has a chance to find its own place on the market.

[dioanna]

this is hard for altcoins to be alone in the market and solely not depend on Bitcoin price
when bitcoin retrace, altcoins retraced even more.
It is hard but I guess not impossible. should be a huge project or partnerships and event basis I guess.

[zeze18]

this is hard for altcoins to be alone in the market and solely not depend on Bitcoin price
when bitcoin retrace, altcoins retraced even more.
It is hard but I guess not impossible. should be a huge project or partnerships and event basis I guess.

Which altcoin do you mean, every altcoin has it's own growth. I mean there are many altcoin that has more than 10% only in just less than 24 hours, that means altcoin is not always following bitcoin price but there are so many altcoin that has it's own community and market segmentation because cryptocurrency is so wide right now, we cannot associate any altcoins with bitcoin.

[cassavachips]

Indeed bitcoin will always affect the altcoin market because bitcoin is the center, but not all altcoins follow the movements of bitcoin because those who follow the majority of bitcoin movements are major coins. Usually, altcoin can pump itself when alt season occurs

[poodle63]

this is hard for altcoins to be alone in the market and solely not depend on Bitcoin price
when bitcoin retrace, altcoins retraced even more.
It is hard but I guess not impossible. should be a huge project or partnerships and event basis I guess.

as long as that altcoin has utility usage and that will always have the price. Remember about the majority of altcoins were not having the product are following bitcoin trend but the exception must be applied to the altcoin that is having a good product. they can create their own fomo without the need for bitcoin. It's not so hard as long as the dev know how to develop a proper product