In a market dominated by koreans and chinese who are very sentimental and are falling quickly into panic, one need to have not strong, but iron nerves.
Stay cool...
Forgot the word selling...
Keep your coins in wallets and not in exchanges, especially PoS Coins in own wallet is must, to earn more coins without trading...
Topic: Will Bitcoin continuos uptrend kill off the Alt Market? (Read 1555 times)
I never ever could have imagined alts going this low against bitcoin again. Most of the gains during the big spring boom has been erased. Its unbelievable!
I feel you,,, I looked at how everything crypto rose when Bitcoin did just those few sunny months ago. I fully expected the same would happen but alts have not been able to keep up. They're now stagnant in value,,, while Bitcoin has almost doubled from the same period. BTC reigns supreme in the end! Maybe alts just have a yearly cycle.
I never ever could have imagined alts going this low against bitcoin again. Most of the gains during the big spring boom has been erased. Its unbelievable!
Its difficult to hold your nerve whilst you see your alts losing money against BTC, hopefully will end soon and we see an alt correction....
Yeah wake me up when this BTC rise ends.
Bitcoin usually leads the alt coins. Alt coins will rally when Bitcoin goes in a consolidation for a few days that
should happen soon. The market caps of most alt coins are small so the money flowing into alts can cause big percent gains in
short period of time.
should happen soon. The market caps of most alt coins are small so the money flowing into alts can cause big percent gains in
short period of time.
Bitcoin corrected down to 1800 recently and Alts fell even harder. Now bitcoin rises and Alts fall even more. Doesn't matter if bitcoin goes up or down Alts are just falling!!
Bitcoin prices will be correction soon, and I think that time is the time for altcoin to increase, and the increase will be very significant, because the Bitcoin holder I'm sure they also have altcoin, and this will make them start to change the current situation to raise the price of altcoin. 
I can see a lot of bleeding in the Alt market but not on Bitcoin. Surely if this continues the Alts are doomed apart from a few popular Alts that can still survive as Bitcoin cannot have 100% market dominance all the time.
What you guys think?
I agree. Even bitcoin has many users, it can't have 100% dominance. There are people who are using alt coins because of ideas that they're holding like the hopes of being the best one day. Not all people is in favor of bitcoin. Though bitcoin is helpful, it also possesses disadvantages which other altcoins don't possess which is another reason why people switch to altcoin What you guys think?
Bitcoin market dominance is at nearly 50% now 
If dominance gets higher then surely Alts will suffer and slowly die
If dominance gets higher then surely Alts will suffer and slowly die
Tell me why alts are "suffering" when they are almost all enjoying growth in price? Unless you bought alts in BTC, in which case you are trading, then yes, you may be making nett BTC losses. But convert that all back to fiat and you won't have lost as much. If that means alts are slowly dying, then it just makes a stronger case for alts: stop relying on BTC and make your own space in the crypto world.
Congratulations to alts that are not only traded in BTC.
Bitcoin market dominance is at nearly 50% now
If dominance gets higher then surely Alts will suffer and slowly die
If dominance gets higher then surely Alts will suffer and slowly die
You don't know what are you talking about. You only see red color on the altcoin list on Poloniex or orther exchange. That is only effect of rising Bitcoin price. If you compare price of any altcoin with fiat you will see that price has not changed much.
Most investors here bought there Alts with bitcoin or trade in bitcoin. Many with the intention of accumulating more bitcoin. Anyone who bought Alts with bitcoin after the spring rise is likely severely down vs btc
Bitcoin market dominance is at nearly 50% now
If dominance gets higher then surely Alts will suffer and slowly die
If dominance gets higher then surely Alts will suffer and slowly die
You don't know what are you talking about. You only see red color on the altcoin list on Poloniex or orther exchange. That is only effect of rising Bitcoin price. If you compare price of any altcoin with fiat you will see that price has not changed much.
Alts are a huge part of crypto, they will never die. If anything it's a great time to buy and maybe enjoy some massive spikes in the future.
Bitcoin market dominance is at nearly 50% now
If dominance gets higher then surely Alts will suffer and slowly die
If dominance gets higher then surely Alts will suffer and slowly die
That would be a good thing for us BTC holders. Then when there is blood in the streets you buy up the alts.
People keep saying Alts rise together with bitcoin but I'm looking at all the top Alts right now at theyre lowest levels vs bitcoin in months. I see a blood bath on the charts vs bitcoin. I've lost half my bitcoin now buying eth xrp nem steem
I believe people are selling their alts to buy btc while it in a good shape, as soon as btc pump is over everything will be fine once again.
Lol very_452001 ,nice mate we are talking about the BTC dominance,but with different point of view.
I doubt altcoin market will disappear
Bitcoin is a free market and every free market need competitors
I doubt altcoin market will disappear
Bitcoin is a free market and every free market need competitors
No, altcoins I have followed made big rallies. Bitcoin and altcoins rise together. If Bitcoin make it to 10k USD then I expect Ethereum at least 1k and also for all other tokens similar raise.
Exactly.
Bitcoin rise is always very good,because other alts will rise soon too.
BTC dominance from 1 August is still the same 49.8% (according to Coinmarketcap)
That means everything is growing.
Bitcoin market dominance is at nearly 50% now
If dominance gets higher then surely Alts will suffer and slowly die
If dominance gets higher then surely Alts will suffer and slowly die
Is bCH cash taking market cap away from altcoins? Enough to make a difference?
If you look at USD value if you just held your bags you now have roughly twice as much as the bottom of the last crash just over a month ago, or around 80% of the top of the pump that preceded it.
Regardless of this as several people have mentioned it's inevitable we will have some significant upwards motion sooner rather than later. Far too much money and volatility in the markets for people with the financial resources to capitalise on it. Patience gentlemen.
Regardless of this as several people have mentioned it's inevitable we will have some significant upwards motion sooner rather than later. Far too much money and volatility in the markets for people with the financial resources to capitalise on it. Patience gentlemen.
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