There's a possibility that bitcoin can go through $7,000 again as it went through $6,000 so don't be to relaxed.
But you have a misconception if bitcoin is struggling then all of your altcoins will struggle too. You may see ETH minding it's own but it's still relying to bitcoin.
Topic: The Alts are being held back by BTC - page 3. (Read 399 times)
Here you can see the shares of market participants: https://coinmarketcap.com/charts/
According to the chart, BTC loses its share in the market due to altcoins. This is an inevitable wavy process.
According to the chart, BTC loses its share in the market due to altcoins. This is an inevitable wavy process.
I've read somewhere that the Bitcoin dominance is minutely being reduced by Altcoins, particularly by those with great followings.
Of course newcomers will tend to look at the two greats, but will eventually shy away and just invest in another potential great coin, when they finally see their drawbacks. These drawbacks tend to be the "sales pitch" the other Altcoins are exploiting, and they are slowly gaining in my opinion.
Of course newcomers will tend to look at the two greats, but will eventually shy away and just invest in another potential great coin, when they finally see their drawbacks. These drawbacks tend to be the "sales pitch" the other Altcoins are exploiting, and they are slowly gaining in my opinion.
I just observed this lately that Ethereum is becoming less dependent from bitcoin price movements. But all the other remaining altcoins including the next top ones are still too independent on every major bitcoin moves.
Etheruem is starting to have a mind of its own!
BTC is struggling!
Saying that BTC STILL has the potential to take this market to hell!
If HELL comes ( BTC sub 7K or worse) the market will rise without BTC dictating the tune.
Opinion only BUT a possibility!
BTC is struggling!
Saying that BTC STILL has the potential to take this market to hell!
If HELL comes ( BTC sub 7K or worse) the market will rise without BTC dictating the tune.
Opinion only BUT a possibility!
Do you think ETH will be $1000 or higher later this year?
Etheruem is starting to have a mind of its own!
BTC is struggling!
Saying that BTC STILL has the potential to take this market to hell!
If HELL comes ( BTC sub 7K or worse) the market will rise without BTC dictating the tune.
Opinion only BUT a possibility!
It is neither supported nor liked by me BTC controlling the whole digital market but this is the truth. So far there are no symptoms of Eth getting independent. The whole digital market is still a naive one and needs a strong support. Now the scene is not many investors go other coins except BTC. This coin is cherished by thousands of rich people. Basically it is not even BTC that controls altcoins but the whales and no one can change this.BTC is struggling!
Saying that BTC STILL has the potential to take this market to hell!
If HELL comes ( BTC sub 7K or worse) the market will rise without BTC dictating the tune.
Opinion only BUT a possibility!
I do not even imagine how altcoins can grow if bitcoin falls until I saw such a situation on the market. I see that if bitcoin falls - 90% of the market turns red)
Me neither, I don't know what OP is talking about. Maybe it is because almost every single altcoin is compared with bitcoin, so when bitcoin loses its value all other alt coins loses their value, investors are exchanging alt coins to bitcoin to leave market so logically whole market crash. There are only few alt coin/USD pairs and majority pairs are still altcoin/bitcoin.
Etheruem is starting to have a mind of its own!
BTC is struggling!
Saying that BTC STILL has the potential to take this market to hell!
If HELL comes ( BTC sub 7K or worse) the market will rise without BTC dictating the tune.
Opinion only BUT a possibility!
BTC is struggling!
Saying that BTC STILL has the potential to take this market to hell!
If HELL comes ( BTC sub 7K or worse) the market will rise without BTC dictating the tune.
Opinion only BUT a possibility!
Ether and other big altcoins have ther pairing with fiat so they are not connected anymore to the btc.
Ether and bitcoin are also doing different things and are not competitors. I dont care if ether takes the biggest market cap, bitcoin is still preffered store of value, and digital gold
actually there is notthing strange about this, altcoins have always been dominated by btc since the first time they were born, btc's value is too big that it has controlled the market all the time, and every year, there will be a time when altcoins is dumped because of BTC dropped, so altcoins can never get out of BTC's control as long as BTC is still the best cryptocurrency on the world.
yep. BTC _is_ crypto, so it only makes sense that promisecoins riding its coattails goes down if it turns bearish.
actually there is notthing strange about this, altcoins have always been dominated by btc since the first time they were born, btc's value is too big that it has controlled the market all the time, and every year, there will be a time when altcoins is dumped because of BTC dropped, so altcoins can never get out of BTC's control as long as BTC is still the best cryptocurrency on the world.
Etheruem is starting to have a mind of its own!
BTC is struggling!
Saying that BTC STILL has the potential to take this market to hell!
If HELL comes ( BTC sub 7K or worse) the market will rise without BTC dictating the tune.
Opinion only BUT a possibility!
Bitcoin is struggling in Crypto market but again some news are comes in Crypto market it will raise soon. Because I saw the past three years consensus conference data every year it raise more 1k USD in after completing the conference so it is finishing may be next week we are all expecting 10k USD in Bitcoin. BTC is struggling!
Saying that BTC STILL has the potential to take this market to hell!
If HELL comes ( BTC sub 7K or worse) the market will rise without BTC dictating the tune.
Opinion only BUT a possibility!
Etheruem is starting to have a mind of its own!
BTC is struggling!
Saying that BTC STILL has the potential to take this market to hell!
If HELL comes ( BTC sub 7K or worse) the market will rise without BTC dictating the tune.
Opinion only BUT a possibility!
BTC is struggling!
Saying that BTC STILL has the potential to take this market to hell!
If HELL comes ( BTC sub 7K or worse) the market will rise without BTC dictating the tune.
Opinion only BUT a possibility!
Everything is a possibility, my friend. But your opinion is not unique and is not new. Refer to ETH Flippening for example, to see many others who voiced this opinion. But the facts speak strongly. When Bitcoin reached its ATH, so did the majority of Altcoins. When Bitcoin crashed, so did the majority of alts. And to make it worse, alts crashed even worse than BTC.
Look at markets and it is simple. You want to trade 99% of alts, it has to be in Bitcoin.
Etheruem is starting to have a mind of its own!
BTC is struggling!
Saying that BTC STILL has the potential to take this market to hell!
If HELL comes ( BTC sub 7K or worse) the market will rise without BTC dictating the tune.
Opinion only BUT a possibility!
I guess, market is quite stable right now. Look at 3 days chart and how bitcoin was getting dump to the around $8k and it will be pumping back again to the $8,3k and this is just like a game dude. BTC is struggling!
Saying that BTC STILL has the potential to take this market to hell!
If HELL comes ( BTC sub 7K or worse) the market will rise without BTC dictating the tune.
Opinion only BUT a possibility!
Ethereum looks have a better performance than bitcoin but bitcoin still drive anything right now.
i think its possible but may be in the future when altcoin marketcap is more than btc, ethereum and cardano may be not really depends on btc market
I don't think it's possible this year. Maybe in a couple of years it will happen. Let's see.
Yes that's a possibility but to me there is now lower than 1% chance to see altcoins are rising while bitcoin crashes hard. Also there is much lower possibility for bitcoin to face a serious problem compared to altcoins.
I do not even imagine how altcoins can grow if bitcoin falls until I saw such a situation on the market. I see that if bitcoin falls - 90% of the market turns red)
In the future, this is possible, but still your idea is wrong. Until now, most people do not know anything, except bitcoin and ether. Of course, when they come to crypto, their attention is primarily drawn to the great coins.
In addition, do not forget that enthusiast-developers can improve bitcoin. I would like that.
In addition, do not forget that enthusiast-developers can improve bitcoin. I would like that.
Etheruem is starting to have a mind of its own!
BTC is struggling!
Saying that BTC STILL has the potential to take this market to hell!
If HELL comes ( BTC sub 7K or worse) the market will rise without BTC dictating the tune.
Opinion only BUT a possibility!
BTC is struggling!
Saying that BTC STILL has the potential to take this market to hell!
If HELL comes ( BTC sub 7K or worse) the market will rise without BTC dictating the tune.
Opinion only BUT a possibility!
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