Topic: Alts Decoupling? A Poll... (Read 88 times)
^ Come to think of it, EIP 1559 could be VB’s master plan to start competing with BTC’s the store of value meme. So maybe a couple more years and we see ETH gain more market cap than BTC or lose less in market cap than BTC. I’m also seeing more and more people dropping BTC for ETH.
This year I see the process of increasing the price of Altcoins no longer seems to follow the price of Bitcoin. It's as if the market gave that answer to me that the price of Altcoins is only determined by how much demand there is not by the rise or fall of the Bitcoin price.
April was the year's highest Bitcoin price, but Ethereum seemed untouched at the time. It was only in May that the price of Ethereum increased. There could be a scenario.
The scenario in the market is always there and it always happens differently, because if we look at the law of the economy, the increase and decrease in prices is always influenced by how much demand and supply is in the market, so in general, but the influence of Bitcoin in the market is still there at least because if Bitcoin continues to decline, then the increase in Ethereum will not be as large as it is today, even though it has an effect on burning in every transaction. April was the year's highest Bitcoin price, but Ethereum seemed untouched at the time. It was only in May that the price of Ethereum increased. There could be a scenario.
I don't think the market is about Bitcoin and Altcoins, it more now about projects with VC's with huge pocket to pump their bags, look at the two projects with huge pump after this correction, SOL and AXies and look at the VCs behind both you will understand that they are protecting their investment and suck people in, though both are very good projects
Uuuh k. But I think I’ve been in the space throwing money around these things long enough to know what I’m talk about? When BTC sneezes, everything else catches a cold. Not good. I really think a decoupling has to happen sooner or later. Even a flippening.. just to show BTC isn’t in control anymore.
But looking at the market now, it looks like BTC doesn’t wanna be left behind. Lol.
If you want to know who will win then better to go on the chart of ETH/BTC and look further on it. As far as the chart shows it hasn't broken yet its 2018 ATH and it has more room to grow. The launch date of ETH 2.0 is set this December and if no further delays then it's the bullish thing that we may see for Ethereum to break that ATH.
The situation in the crypto market is different from a few years ago and the altcoin can increase while bitcoin increases or decreases. The altcoin movements can move wild than before and I think we already see what is happening to some altcoins. The ethereum is now showing good movements and may soon reach $4,000 as the price reaches $3,700. If bitcoin can still increase higher, that can give the altcoin more chances to increase and for ethereum, that will be a good time to boost the price to the higher price.
This year I see the process of increasing the price of Altcoins no longer seems to follow the price of Bitcoin. It's as if the market gave that answer to me that the price of Altcoins is only determined by how much demand there is not by the rise or fall of the Bitcoin price.
April was the year's highest Bitcoin price, but Ethereum seemed untouched at the time. It was only in May that the price of Ethereum increased. There could be a scenario.
April was the year's highest Bitcoin price, but Ethereum seemed untouched at the time. It was only in May that the price of Ethereum increased. There could be a scenario.
When though? I mean the question says if ETH will ever go above bitcoin basically and I agree that one day ETH will be higher than BTC in the rankings on marketcap, that will happen if you ask me. However do I believe that it will happen right around now? No I do not think that it will happen anytime soon.
It means that my answer is both eth and btc at the same time, my answer is btc for a while longer, probably until the next bull run, but after the next bull run I am sure that ETH will definitely reach to a point where it is used by almost every new stuff because it is growing big in technology but on top of that we will also have 2.0 for eth and that will definitely make it go up at the same time. All of this combined will make eth go above btc but it will be in 2023 or 2024 so there is still a lot of time to collect as much ETH as you possibly could.
It means that my answer is both eth and btc at the same time, my answer is btc for a while longer, probably until the next bull run, but after the next bull run I am sure that ETH will definitely reach to a point where it is used by almost every new stuff because it is growing big in technology but on top of that we will also have 2.0 for eth and that will definitely make it go up at the same time. All of this combined will make eth go above btc but it will be in 2023 or 2024 so there is still a lot of time to collect as much ETH as you possibly could.
I don't think the market is about Bitcoin and Altcoins, it more now about projects with VC's with huge pocket to pump their bags, look at the two projects with huge pump after this correction, SOL and AXies and look at the VCs behind both you will understand that they are protecting their investment and suck people in, though both are very good projects
As the title says.. From what I’m seeing right now, ETH seems to be winning but then again has there been any scenario in the history of the crypto market when most of the alts weren’t dragged down by BTC?
What do you guys think? Will we finally be having a decoupling?
What do you guys think? Will we finally be having a decoupling?
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