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Author Topic: I see BTC dominate  (Read 2005 times)

Offline pokxon

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I see BTC dominate
« on: July 20, 2018, 09:05:59 AM »
I see signs of the market like November and December of last year. That is the BTC dominate. This is a sign that people are scared and especially those who trade altcoin / btc. If BTC increases, it is likely that altcoin will decrease sharply
Do you think like me?
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I see BTC dominate
« on: July 20, 2018, 09:05:59 AM »

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Offline sugarchrisp

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Re: I see BTC dominate
« Reply #1 on: July 29, 2018, 02:25:55 AM »
When BTC rises or falls sharply, altcoins tend to suffer the most.  When BTC hovers around the same few hundred dollar range, alt coins tend to rise more in that scenario.  BTC is clearly the dominant coin in the market though. 
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Offline altcoingamer

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Re: I see BTC dominate
« Reply #2 on: July 30, 2018, 07:29:47 AM »
I see signs of the market like November and December of last year. That is the BTC dominate. This is a sign that people are scared and especially those who trade altcoin / btc. If BTC increases, it is likely that altcoin will decrease sharply
Do you think like me?

True.. but we all know what happened when Bitcoin started to lose its dominant edge in December.. may be starting the next alt cycle.

To be fair though, I am a bit surprised its so high before even a bitcoin ETF announcement.. the market may go sideways for several weeks.. which seens like years in crypto.. I'm just surprised people are committing so early to the stalemate.. wonder if alts will start leaking out early even if only one by one.

Offline Dodo

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Re: I see BTC dominate
« Reply #3 on: August 07, 2018, 12:43:06 AM »
When BTC hovers around the same several hundred dollars, alt coins tend to rise more in that scenario. BTC is clearly the dominant currency in the market. The movement of bitcoin is difficult to follow by other coins.
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Offline felixesteban

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Re: I see BTC dominate
« Reply #4 on: August 08, 2018, 12:01:31 AM »
BTC dominance can start a party in the altcoins after a while. I think it's a positive indicator. If many investors switch from BTC to altcoins, we will see exactly that.
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Offline Barmalei

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Re: I see BTC dominate
« Reply #5 on: August 15, 2018, 09:40:01 AM »
I see signs of the market like November and December of last year. That is the BTC dominate. This is a sign that people are scared and especially those who trade altcoin / btc. If BTC increases, it is likely that altcoin will decrease sharply
Do you think like me?
I completely agree that domination of bitcoin prevails. So far unstable people trust the market only to it. But I think that after domination growth the price has to go as up at the end of 2017. And after that people will believe in aitcoins
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Offline Munareal

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Re: I see BTC dominate
« Reply #6 on: August 16, 2018, 07:41:07 PM »
BTC will always dominate. It determines the price of altcoins. The is a strong correlation between the price of  bitcoin and altcoins It acts  like a reserve currency.

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Re: I see BTC dominate
« Reply #6 on: August 16, 2018, 07:41:07 PM »


Offline Elaine99M

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Re: I see BTC dominate
« Reply #7 on: August 19, 2018, 10:35:32 AM »
That is true. Since from the start, bitcoin was already dominating all crypto. Had no doubt about it because bitcoin is the king of all crypto with the highest market value. The first created cryptocurrency which become more popular around the globe today.

Offline JasmineRose

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Re: I see BTC dominate
« Reply #8 on: August 20, 2018, 01:43:24 PM »
I see signs of the market like November and December of last year. That is the BTC dominate. This is a sign that people are scared and especially those who trade altcoin / btc. If BTC increases, it is likely that altcoin will decrease sharply
Do you think like me?

Of course bitcoin dominate all cryptocurency because bitcoin is first cryptocurrency but altcoin will grow up also even not high such bitcoin
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Re: I see BTC dominate
« Reply #9 on: August 22, 2018, 03:18:27 PM »
The bitcoin dominance index shows investors ' interest in bitcoin.Maybe they're just watching. In any case, this suggests that if growth begins-all will come out of altcoins in bitcoin.
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Offline bitpation

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Re: I see BTC dominate
« Reply #10 on: October 10, 2018, 06:01:43 AM »
There is a possibility like that. When Bitcoin prices rise, people's confidence will increase against Bitcoin. And they will immediately leave Altcoin to allocate their money to bitcoin.

 

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