It is about the matter of demand and supply. Somehow, until now there are few altcoins that also pumped whenever bitcoin pumps. A good example of altcoin who usually follow the path of bitcoin is ethereum. But I may agree even last yr, majority of altcoins before pump when the market bull run. But now, I have also noticed the difference. They are hardly pumping.
there is no altcoin that really follows the path. every altcoin has a very lousy marketcap in relation to btc, even ether and its the own fault of people who got scammed, most ico didnt even finished their projects but people still had dollars in their eyes and didnt care.
i stay at my argument. cluelessnes and greed. altcoins that earn their worth are not respected by the investors. too many old investors gone newbies have taken over thinking that every alt is a scam buying overvalued assets instead.
in my eyes alts are totally undervalued. we have seen which potential they had at 2017 compared todays that "marketmoves" are like a fart.
i really hope that all the depressed investors leave who make alts bad and some new optimistic people come in. maybe also too much bad spirit from 2018.
they just cant do it. we need an more optimist market with enthousiastic investors who care more about the tech of the alts. 2017 is a example how things could go great.
its not the fault of the alts that people get scammed by putting money in icos and there are many coins that are a lot better than btc.
its all in the hands of the investors.