One interesting thing about Bitcoin that will shock you!

[EvelynKing]

I was recently reading Bitcoin’s price analysis between 2017 and 2019 in this investing blog: https://www.investing.com/analysis/bitcoin-analysis-2017-vs-2019-200444573

 One interesting thing that I came to know is that the price of many altcoins also increased at the same time when the price of bitcoin increased in late 2017. However, the same was not repeated during the recent hike of Bitcoin in 2019, means the price of other coins did not increase.

 Also, there was the mention of some coins with real value, which is supposed to gain value in the coming future. What’s your take on it?

[sampoerna]

One interesting thing that I came to know is that the price of many altcoins also increased at the same time when the price of bitcoin increased in late 2017. However, the same was not repeated during the recent hike of Bitcoin in 2019, means the price of other coins did not increase.

I am not really surprised by that. We are in a different condition, too many altcoins nowadays. There are some changes in crypto space and the interest from investors are not the same as in late 2017. So, I think it is normal if there is a different impact on Bitcoin price improvement.

[Senin]

Yes, this is a feature of the growth of the cryptocurrency market this year. Many have already noted this is not a very pleasant fact, and we hope that in the fall, when the cryptocurrency should go up well again, the altcoins will finally wake up. Apparently, this is happening against the background of a general decline in ICO popularity and the presence of a high level of fraud in this type of activity.

[Betim]

This year the situation with price increases is really different from the situation in 2017. Now the dominance of Bitcoin is growing and the capitalization of the crypto market accordingly moves towards Bitcoin. I think that this is due to the fact that interest in investing in altcoins has fallen due to the high risks and the fact that investors have suffered big losses. Now investors see more prospects for investing in Bitcoin.

[zilzylian]

Good article and I have bought BTC and altcoin when the price dropped in 2018, the current Bitcoin price is not the same as the price in 2017, from the decline in BTC prices reaching $ 4k I have confidence the price will go up and it turns out right, at the moment I'm not too worried if Bitcoin goes back down, because I bought BTC from the profits I got when prices started to rise

[Pegasus]

It's understandable that 2017's bitcoin is different from 2019's bitcoin. Not sure how exact it is but a majority of today investors are the old from 2017. Many of them have FOMOed and got lost in 2017 and hence, are more cautious in 2019. That's why they keep money in bitcoin, making its dominance increases day by day.

Yes those altcoins with real value will eventually shine. Atom, Bat are some of them. However, finding good altcoins among new altcoins is a difficult task.

[muneerashine]

After the huge crash, investors changes their investment style, with so many altcoins to choose from the investment is greatly divided.

[Bica]

Not surprised.

[ZionRTZ]

2017 was the hype year for most altcoins while 2018 was the rekt year.
2019 is still a recovery year for bitcoin in my view. I think altcoins will only have a big rally similar to 2017 once bitcoin reaches $20K again.

[alltalk]

After the huge crash, investors changes their investment style,

I agree with you. Investors have changed their styles and mindset on crypto investment. They only focus on crypto coins that can raise in a short time and not really interested in altcoins with low volumes. We can see that they just pick the altcoins with high volumes and most popular currently.

[May]

bitcoin fluctuation I think is one thing that in my opinion is a special feature. here we cannot predict it correctly. when bitcoin is developing or declining.

[Fenix]

I was recently reading Bitcoin’s price analysis between 2017 and 2019 in this investing blog: https://www.investing.com/analysis/bitcoin-analysis-2017-vs-2019-200444573

 One interesting thing that I came to know is that the price of many altcoins also increased at the same time when the price of bitcoin increased in late 2017. However, the same was not repeated during the recent hike of Bitcoin in 2019, means the price of other coins did not increase.

 Also, there was the mention of some coins with real value, which is supposed to gain value in the coming future. What’s your take on it?

There is nothing surprising.  The cryptocurrency market is still relatively young and the participants in this market are still studying it and at the same time learning and gaining experience.  Therefore, their actions will differ from the previous ones, which means that the price movements on it will constantly change.  Now we see again the trend of a general increase in the price of altcoins together with bitcoin, although there are exceptions.  In general, the price of altcoins largely depends on the prospects and usefulness of their project.

[Quantum X]

This is how bitcoin separated itself from altcoins and the thing that couldn't imitate specially those new projects who entered in the crypto market. This is what I call "the absolute power of bitcoin over altcoins" because it stop the life of those altcoins who were just in the market to scam.

[syedrasool2011]

Best thing is about now one no that bitcoin pump or dump.

[Black ID]

I think the end of this year will end sweetly. There was a surge in many coins, including bitcoin and ethereum. This is a good progress. And maybe it will repeat last 2017. Let's take a look and watch this progress