Topic: Can Altcoins do it alone ? - page 11. (Read 2446 times)
Sometime there are altcoins also going to pump and not dependent from bitcoin to increase the price. I saw some altcoins going crazy to go up the price and even do bitcoin are in dump situation. Not a first time I saw some altcoins like that maybe too many since the bitcoin drop the price to $4,000. But for now I dont think so if have that kind altcoins because most altcoins are now are to long pump the price.
As of today, Bitcoin dominance is 66% [urlhttps://coinmarketcap.com/]Source: CoinMarketCap[/url]. When Bitcoin go up, altcoins also enjoy the party. We haven't seen any notable rally in which bitcoin was not involved and was solely done by altcoins. I dont think altcoins right now have the strength to move alone, BTC movement is mandatory.
That's difficult with the current condition of the market where all trading pairs are on Bitcoin, and Ethereum, all coins depends so much on the price of Bitcoin and will always stay this way, so my answer is no for now, maybe in the future alcoins can come up with a solution where the price of all altcoins will not depend on Bitcoin alone.
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?
I think it is impossible and very difficult, we know that some Altcoin that have a pair on BTC will certainly follow the price of the BTC, but if Altcoin you think can be more independent, make sure Altcoin does not use a BTC pair and only focus on the stablecoin pair usdt and others I think it might be possible, there are some maybe Altcoin rose dramatically without looking at bitcoin prices usually because the pump group was partying there 
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?
I don't think that altcoin can stand alone, because altcoin itself was born because of the presence of Bitcoin.
Altcoin need Bitcoin in price comparison means what happens to the altcoin market will depend entirely on Bitcoin
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?
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