Bitcoin is down, Altcoin is up?

[Mbah Jenggot]

According to Ripple's CEO, Brad Garlinghouse, the Bitcoin dominance is expected to end soon.
He actually said : '' There is a very strong correlation between the price of XRP and that of Bitcoin. But these are essentially independent open-source technologies. »
The man is convinced that we are now witnessing the emergence of a much more rational market. As a result, the behavior of investors will be permanently altered, which will lead to a devaluation of Bitcoin. Therefore, it will no longer serve as a reference to other crypto-currencies. Any ideas or thoughts.

I think several altcoins are very potential and profitable..It will be the next bitcoin. Lets see.

[fulled]

the main question is, what altcoin can beat btc, even eth is not enough strong to change bitcoin domination, btc still have the biggest supporter in crypto world

[Wong keras]

bitcoin is down, but bitcoin prices will definitely improve, bitcoin prices are now unstable as before, bitcoin certainly its price will get better again.

[therozaq]

According to Ripple's CEO, Brad Garlinghouse, the Bitcoin dominance is expected to end soon.
He actually said : '' There is a very strong correlation between the price of XRP and that of Bitcoin. But these are essentially independent open-source technologies. »
The man is convinced that we are now witnessing the emergence of a much more rational market. As a result, the behavior of investors will be permanently altered, which will lead to a devaluation of Bitcoin. Therefore, it will no longer serve as a reference to other crypto-currencies. Any ideas or thoughts.

Yes I see many altcoins are more potential and more profitable than bitcoin. When bitcoin is down, several good altcoin is up.

[koplak]

According to Ripple's CEO, Brad Garlinghouse, the Bitcoin dominance is expected to end soon.
He actually said : '' There is a very strong correlation between the price of XRP and that of Bitcoin. But these are essentially independent open-source technologies. »
The man is convinced that we are now witnessing the emergence of a much more rational market. As a result, the behavior of investors will be permanently altered, which will lead to a devaluation of Bitcoin. Therefore, it will no longer serve as a reference to other crypto-currencies. Any ideas or thoughts.

Indeed, at the moment, what I know is that the price of bitcoin has dropped, and that many altcoins have reduced their prices very significantly, but I don't have the idea that bitcoin will end and the altcoin will die, so any negative news about crypto currencies will not prevent me still want to invest.

[kent47400]

maybe the incident happened around 2015 backwards.
because at that time FIAT had not been widely circulated in cryptocurency.

[zgrdyg]

As far as i can see due to my experience in cryptoworld, btc and alts are like a train and btc is the locomotive, if it falls alt will fals, if it increases, alt will increase.

[Dodo]

altcoin depends on the price of bitcoin so we cannot say the altcoin will rise when Bitcoin goes down. But there are also altcoins that also rise when bitcoin goes down so we can consider that. After all we need to be vigilant if there is a change from cryptocurrency.

[koplak]

altcoin depends on the price of bitcoin so we cannot say the altcoin will rise when Bitcoin goes down. But there are also altcoins that also rise when bitcoin goes down so we can consider that. After all we need to be vigilant if there is a change from cryptocurrency.

indeed, we must be able to understand that, and it is not as easy as we expected, some people have made the benchmark of the rise and fall of bitcoin prices greatly affect the rise and fall of other altcoin prices, and it has sometimes happened, and certainly the rise and fall of bitcoin is sometimes not can be a benchmark for other altcon.

[Raboni]

I am still not convince about this idea. Although up and bitcoin down is cannot be in reality. The preference is what the movement of market motion. When bitcoin change whether decrease or increase, for sure market flow will change. It wasn't altcoins but it is because of bitcoin.

[marksayson]

Really, I don't see the point when the altcoins and other coins is up and the bitcoin price is down. Literally, all the coins and altcoins are depending on the price of the bitcoin, so when bitcoin price is low, then so as the other coins and altcoins.

[Sentinel]

I think that statement is only personal opinion. or maybe that statements are made by people who want to raise altcoin prices as an alternative coin.

[blue]

In cryptomarket Bitcoin is most powerful and high value largest coin . Still Bitcoin is dominant the crypto market . Altcoins always follow Bitcoin . If Bitcoin price is falling continuesly altcoins values are drop. Now many best altcoins in cryptomarket but no one equal to Bitcoin.

[arifrey77]

My opinion is, Bitcoin is like Dad, and Altcoin is the Son of Bitcoin. so the bitcoin will be my number 1, nothing can replace it. because Ripple will not be born if there is no Bitcoin.

[CryptoFun]

It seems to me that the dominance of bitcoin has only increased and some promising altcoins have significantly weakened.