Bitcoin crush the altcoins?! - page 10.

mardaed

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Quote from: Cryptomoneyteam on June 21, 2019, 09:27:48 PM

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

Yes, its like last year 2018 when btc bounce back at december thats why its the best time to buy at dip always. Wait for this time to come and you can have the best profit in this year. Its will bounce back indeed just be patience.

royalfestus

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Quote from: poornamelessme on June 28, 2019, 01:38:05 PM

Quote from: Kevlar on June 28, 2019, 01:27:35 PM

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.

We might see some ICO in coming days, so dont be surprised. The confidence is back and some profits can be spent

TheICE007

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From all indication, as Bitcoin increases in value, the dip for altcoin is inevitable, this has repeated severally only for a few coin that won't be affected. Since the crypto space is unpredictable, nobody knows when the alts will pick back again, or if history will repeat it's self.

XCANA

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Quote from: Cryptomoneyteam on June 21, 2019, 09:27:48 PM

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

Although am not yet convinced about your theory of Bitcoin dorminance over altcoins rise which was clearly seen along side with Bitcoin, this is what happened even since from the beginning of every surge or bull run, all other altcoins take after Bitcoin gradually. Bitcoin remains the king and altcoins the followers.

Iykecollins

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Honestly this year's bitcoin bull run is different from others, where bitcoin had continued to grow faster than altcoins, looking at most altcoins/btc charts, it appears like where there was an earthquake, showing a huge growth rate of btc against altcoins, there is no obvious indication that this trend will change

sanida

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This post doesn't make sense there's no one crushing anyone. If Bitcoin reached it full Price most of these investors are going to transfer their bitcoins to another altcoins and that's when the Altcoins will raised its price too. But we are not sure yet when will be the last price increase, because if we only new we would have buy more bitcoins today.

ChaoChibai

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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.

sri.bima

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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.

poornamelessme

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Quote from: Kevlar on June 28, 2019, 01:27:35 PM

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.

Kevlar

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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

pics4crypto

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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.

poornamelessme

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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.

IParn

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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.

meleonk

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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.

joshy23

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Quote from: slashz9 on June 28, 2019, 02:51:04 AM

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.

slashz9

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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.

Sacramentus

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Quote from: Cryptomoneyteam on June 21, 2019, 09:27:48 PM

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.

royalfestus

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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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Quote from: maydna on June 28, 2019, 02:13:18 AM

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.

MbakNarti

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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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