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Topic: Bitcoin Market Dominance going back up to 80%? Alts current Status? - page 2. (Read 927 times)

hero member
Activity: 2282
Merit: 505
see. alts have been been stable for few months now (after bitcoin cash fork). They should rise after november fork, that's my hope. Someone mentioned that there is another fork for bitcoin after november, if that's true we might have to wait longer. I would be happy if they continue to stay stable instead of dropping in value.
After the bitcoin cash hardfork the altcoin was really stable, as you can see about the fork becomes a trend in this time rather than altcoin. because if you are holding the more bitcoin and you will receive free cash and can you tell me about someone didn't feel happy or interested to get the more free cash from the bitcoin itself? And that's free, you just never do anything.
hero member
Activity: 1540
Merit: 500
see. alts have been been stable for few months now (after bitcoin cash fork). They should rise after november fork, that's my hope. Someone mentioned that there is another fork for bitcoin after november, if that's true we might have to wait longer. I would be happy if they continue to stay stable instead of dropping in value.
hero member
Activity: 1568
Merit: 511
60-65% should be the peak IMO
Bitcoin is going wildfire currently and caused most alts to drop therefore dominancy in Bitcoin raised.

However, i think there will be a minor correction after Segwit2X and then there will be a major pump again.
Why? IT is close to end of the year, companies starts paying bonus for employee who work hard.

Employee took bonus, looking for place to store their value. Where do they pick? Stocks? Bonds? Real Estates?

There will be surely a portion of people throw their money to Bitcoin and the flow goes on.

However, Alts wouldn't get hit really hard because it will soon become the alts season
legendary
Activity: 3010
Merit: 1460
@very_452001. The problem with 99% of the altcoins is they are pumped and dumped by whales to make bitcoins. Some of us are here to ride along with them and try to make some bitcoins, while the rest lose bitcoins and become bagholders of scam altcoins.

I reckon the forks have nothing to do with bitcoin reaching all time highs. The movement going up started happening on 2015 and has not shown any signals that it will stop.

So stop looking for answers in the wrong places and start looking for cryptocoins that are worked on by proven developers.
sr. member
Activity: 588
Merit: 253
f you have 80% dominoes, the subcoins will sink. 50% - 50% domino effect is the best.
legendary
Activity: 2383
Merit: 1551
dogs are cute.
If btc market dominance goes up then automatically alts dominance go down correct?

Will we ever see another bullish run for the Alts like we already did in Spring/Early Summer and early september where alts reached all time highs? The 2 previous all time high dates for Alts are:

20th June 17
2nd Sep 17

The above dates, what can we learn from them and how do we apply this to the bitcoin gold and segwit2x forks?

Finally when do you guys think Alts will pass the $100billion market cap and claim some dominance from bitcoin or will alts crash or become lifeless dead?
Hasn't bitcoin been dominating since forever? Alts some times go up when bitcoin goes up and sometimes it doesn't, it all depends on rye demand and supply of bitcoin. Before forks, there is a high demand for bitcoin just before a few days before the fork and when there is no fork then the demand is lesser, and people switch towards altcoins.
sr. member
Activity: 1056
Merit: 270
Ok the question is what you think will happen to alts price after bitcoin gold fork and segwit2x fork?

Because there's 2 separate forks happening in the same month then how does that affect the alts price?

Is it the bitcoin forks themselves that disrupt the growth of alts? Meaning if there was no bitcoin forks then where would the alts market be now?
sr. member
Activity: 504
Merit: 250
If btc market dominance goes up then automatically alts dominance go down correct?
Yup, dominance is just the percentage of the market Bitcoin holds vs the percentage of the market all altcoins added together hold.


Will we ever see another bullish run for the Alts like we already did in Spring/Early Summer and early september where alts reached all time highs?
Probably after each fork, at least until forks lose their value.

The 2 previous all time high dates for Alts are:
20th June 17, 2nd Sep 17
The above dates, what can we learn from them and how do we apply this to the bitcoin gold and segwit2x forks?
You could just use those to predict the details of another sudden rise in altcoins.

Finally when do you guys think Alts will pass the $100billion market cap and claim some dominance from bitcoin or will alts crash or become lifeless dead?
I think that altcoins and Bitcoin will continue to rise, so the altcoins might pass 100 bil dollars; but at that point Bitcoin might just be much higher.
sr. member
Activity: 1056
Merit: 270
If btc market dominance goes up then automatically alts dominance go down correct?

Will we ever see another bullish run for the Alts like we already did in Spring/Early Summer and early september where alts reached all time highs? The 2 previous all time high dates for Alts are:

20th June 17
2nd Sep 17

The above dates, what can we learn from them and how do we apply this to the bitcoin gold and segwit2x forks?

Finally when do you guys think Alts will pass the $100billion market cap and claim some dominance from bitcoin or will alts crash or become lifeless dead?





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