Bitcoin crush the altcoins?! - page 2.

alan2here

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Quote from: lab rat hoax on September 29, 2019, 09:41:25 AM

I think the bitcoin dominance in the market is high enough, but this is not enough reason to start an altcoin season because marketcap value is falling, withdrawing money from the market. Maybe in the following months a fomo is occurs and we see the mini alt season. You may be right. I don't see any reason why a altcoin season doesn't start in November and December. For this, the crypto currency market needs new investors but I have no idea how this happens

This market has scared investors over the past year and the coins currently available in this market are in a downtrend so even if you invest in Bitcoin, there are risks. I think now is a very important time for the market to rise because if this does not happen then we will continue to stay in the bear market and the chances of making a profit will be very low.

Based on the psychology of investors, they will tend to sell more and if you have experience in this market then come up with a new plan to be able to make good profits.

puremage111

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No
Bitcoin doesn't crush anything

I mean even Fiat, Commodities or any thing
Bitcoin is not created to crush these things
But more off an alternatives
Same towards Alts
Both are having different use case and are not really contradict towards each other

lab rat hoax

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Not anymore. I think altcoins will be comfortable for at least 15 days. We are having a short term altcoin bull season. Increases are volumeless because people are afraid of the sudden movements of bitcoin. Nevertheless i think we are in bull season for altcoins. After 15 days, I'll make an update on this idea, depending on the situation. There are two possibilities
1-Bitcoin will start the bull run and it continue to crush the altcoins as before.
2-Rise of altcoins will continue to strengthen and we will see a big altcoin season.
Time will show us everything. This is not an investment advice, just my opinion.

Eternad

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Depend on what altcoin is it, if that alt developer is still making progress then we cant say that bitcoin crashes them. Look BNB and other coins that are upgrading to still conquer the market condition, to still put chances to their investor to hold their coin in this still in these bearish market. It just happen many still believe in bitcoin since its the major cryptocurrency that provides more future and shows growth for ease in doing transaction that will benefit many.

Deborah Christine

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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?

The instability of the current price of bitcoin is making altcoin prices very deeply eroded. Altcoin season will coming but I'm not sure altcoin prices will return to 2017. Because it's hard for altcoin to go back to its old price. Altcoin will pump but the price will not bounce back like 2017.

juperos

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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?

I think the bias is still there and it will not end in the coming years. Because bitcoin is still the most popular and desirable asset, it always dominates the price competition for alts.
But what we can do is wait patiently for an altcoins season to come. I still believe that altcoins are still underestimated in the past few days. This is a good time for us to buy more altcoins.

kodtycoon

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i don't think it's like that because every year there will at least be an unexpected phase and when this long bear market is indeed, the altcoins season is no longer good to maintain, but all of that will definitely change and we just need to be patient longer because of the season altcoins will happen again and maybe it will happen in the near future

MathGame

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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, the altcoins will bounce back it's just a matter of time. The bitcoin price got massive pumped from April to July where the price grew from $3k - $13k. We have now witnessed what called a bitcoin bull run, we should now wait for the altcoins bull run.

gaston castano

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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?

it's true that bitcoin destroyed it, I think altcoin will be difficult or maybe never come back again, it was just a coincidence when the pump happened in 2017. Altcoin can only go up if it's flying high.

Quote from: patz22 on June 21, 2019, 09:53:57 PM

What are you talking about? Most altcoins are in green as well. This is something really different unlike 2017. With many crypto adoption and news about big companies this is really something good for the whole market. Of course, btc will dominate the market.

you only see a small portion of it, you notice that on average they drop above 80%.
even there is more than 90%

VeeTeaSee

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its always going up and down
expect it going between 20% dominance and 80% in the next few years

lumierre

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Quote from: lab rat hoax on September 29, 2019, 09:41:25 AM

I think the bitcoin dominance in the market is high enough, but this is not enough reason to start an altcoin season because marketcap value is falling, withdrawing money from the market. Maybe in the following months a fomo is occurs and we see the mini alt season. You may be right. I don't see any reason why a altcoin season doesn't start in November and December. For this, the crypto currency market needs new investors but I have no idea how this happens

According to bitcoin maximalists, all altcoins are garbage that exists only for speculation on their price. One of these Bitcoin maximalists is the well-known trader Tony Weiss, who has repeatedly said that all alternative cryptocurrencies are nothing more than an attempt to print and sell someone their money. However, I do not think that it is true, and alts will show soon their better sides.

sniveling

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Quote from: sempak on September 29, 2019, 07:56:05 AM

Not devastating but indeed the effect of an increase in price on bitcoin or a fall in prices makes altcoin a price decline. and this is certainly the effect. there is nothing wrong in this case the fluctuating market can benefit us

I doubt that such strong fluctuations benefit the cryptocurrency market. Money loves silence and the absence of strong price fluctuations. We can even see how small the total cryptocurrency market capitalization is now.

lab rat hoax

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I think the bitcoin dominance in the market is high enough, but this is not enough reason to start an altcoin season because marketcap value is falling, withdrawing money from the market. Maybe in the following months a fomo is occurs and we see the mini alt season. You may be right. I don't see any reason why a altcoin season doesn't start in November and December. For this, the crypto currency market needs new investors but I have no idea how this happens

sempak

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Not devastating but indeed the effect of an increase in price on bitcoin or a fall in prices makes altcoin a price decline. and this is certainly the effect. there is nothing wrong in this case the fluctuating market can benefit us

suzanne5223

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Quote from: poornamelessme on September 12, 2019, 12:04:16 PM

Quote from: Javi_Anibarro on September 12, 2019, 11:41:07 AM

And you forget another thing, when Bitcoin goes down altcoin also goes down. We are in the middle nowhere right now, and the only thing we can do is doing our own research and believe in everything that we have done. If you are sure about your investment, then hold it. And if you do not know what to do, stay away from it.

BTC goes down, Alts go down (in relation to BTC and fiat). That is a little unusual unless BTC is crashing. Typically smaller BTC corrections shouldn't cause Alts to lose in relation to BTC.

BTC consolidates, apparently Alts go down just at a slower pace. Alts never regain their losses or even hold their own even with smaller BTC movements. This is also unusual.

I don't see anything unusual about the momentum trend poses by the altcoin market despite the fact that the bitcoin market slightly gains some uptrend in price because most investors and arbitrage traders are accumulating, investing and holding more bitcoin than the altcoin.

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he’ll destroy the alt-scam, but I’ll continue to do good projects; for example, I want to take part in IEO of one project and I think it’s perspective its name is BTZC

You're right because this current market and market correction season are definitely the time when scam project usually vapourize off the crypto market. But, I hope you understand how to select good project per IEO because how good a project is during IEO doesnt mean it will be successful in future.

poornamelessme

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Quote from: Javi_Anibarro on September 12, 2019, 11:41:07 AM

And you forget another thing, when Bitcoin goes down altcoin also goes down. We are in the middle nowhere right now, and the only thing we can do is doing our own research and believe in everything that we have done. If you are sure about your investment, then hold it. And if you do not know what to do, stay away from it.

The last couple of months has been different than altcoin movement we witnessed in the past. Or at least what I have seen. BTC can do a zig-zag up and down, landing at exactly where it started, and alts lose each step of the way.

BTC goes up, Alts go down (in relation to BTC). Some may go up in fiat, but only a smaller percentage compared to BTC. Not that unusual. What is unusual is that alts don't regain any value even after a waiting period ... and it's the entire alt market, not just some alts.

BTC goes down, Alts go down (in relation to BTC and fiat). That is a little unusual unless BTC is crashing. Typically smaller BTC corrections shouldn't cause Alts to lose in relation to BTC.

BTC consolidates, apparently Alts go down just at a slower pace. Alts never regain their losses or even hold their own even with smaller BTC movements. This is also unusual.

Javi_Anibarro

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Quote from: ?? on ??

Bitcoin is not an altcoin destroyer, I think altcoin rises with bitcoin, if bitcoin prices go up then altcoin also goes up, we are positive with current market prices, not all altcoins go down because of falling prices for bitcoin because unlike in 2017, the biggest mistake is if you consider bitcoin as an altcoin prostitute, let's wait for the growth of altcoin when the time comes

No, Altcoin doesn't go up when the price Bitcoin goes up, what we see instead is that Altcoin experiences a decrease in price when the price Bitcoin goes up. Now it's not same as in 2017 where the price Bitcoin increases so the price Altcoin also goes up.

And you forget another thing, when Bitcoin goes down altcoin also goes down. We are in the middle nowhere right now, and the only thing we can do is doing our own research and believe in everything that we have done. If you are sure about your investment, then hold it. And if you do not know what to do, stay away from it.

daniel002

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The movement of Bitcoin is very difficult to predict that's why altcoins are also wondering if its going to follow the bear market of bitcoin/ doing its trend by itself. Most altcoins are down but some altcoins are still doing their best and making future developments to make the price stable and make the project sustaining.

livingfree

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Quote from: Lampohtapek on September 11, 2019, 11:47:34 AM

I think it's a big mistake if bitcoin is considered an altcoin destroyer, because bitcoin is the best choice to invest now, another thing with altcoin growth is very slow, and unstable that's why investors are reluctant to buy it,

But what's your opinion by looking at the crypto market. It seems that every altcoin is stumbling while bitcoin is rising. It wouldn't be a big mistake if you call bitcoin as an altcoin destroyer because I think you have saw it before when bitcoin is up, alts are down.

There are alts that investors would love to buy and I have alts which I really desire to have. If depends on what are those altcoins that are slow in growth, the market hasn't fully recovered from the long bear market we've been.

Lampohtapek

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I think it's a big mistake if bitcoin is considered an altcoin destroyer, because bitcoin is the best choice to invest now, another thing with altcoin growth is very slow, and unstable that's why investors are reluctant to buy it,

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