Bitcoin is down, Altcoin is up?

[chayskie04]

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.

[Bobcrypto]

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 that was is own opinion about bitcoin and XRP, and he may not be right focast or may be is a prediction for 2018. Just give details for his bases in coming to that analysis. Thank you

[Jaguar]

We can see the truth more months from now. I think you should not base your future result on that prediction. Let your own business progress while waiting whether it is true or not.

[dominoes]

I will believe that if bitcoin went to total crash that seems no hope at all like bitcoin become at top 100 coin in the market or let say it will reach the price of 500$. That would be the real time of bitcoin down and altcoins up. For now I don't believe bitcoin down and altcoins up.

[cryptothief]

The title is slightly misleading, but I like the sentiment. Bitcoin has slowly been losing it's dominance, and that can only be good for the overall markets, including Bitcoin itself. I'd like to see it becoming more of a 'blue chip' style currency, where it doesn't necessarily affect the whole market every time it moves. Will be a while before that happens, but once it does, we'll see some real moves.

[Rivaldi Kunkun]

This month the Bitcoin indeed experienced a decline and it will not create a Bitcoin will getting down and Altcoin will be higher. Bitcoin will always dominate and the price has a very high value and this will last for a long time. Altcoin always follows the growth of the Bitcoin.

[altcoingamer]

I think no matter how you slice it, if bitcoin goes down, alts will follow.. Bitcoin is the trunk of the market and alts are the branches and leaves... as bitcoin needs more support, more will head back to BTC dominance and leave their alts (or leaves and branches to die) so that the tree can live a new day and have another life cycle.

[Mlhits1405]

Not all altcoins are pumping when bitcoin is dropping there few of them, but its always affected all of altcoins if bitcoin is dropping altcoins too so meaning bitcoin has a big part of the marketplace he is the biggest player of the market.

[Zoldyck]

It depends theres a lot of altcoin depending of the price of bitcoin so we can't say altcoin will up  when Bitcoin down. But there are also altcoins that also up when bitcoin down so we can consider that. After all we need to alert too if there are changes of the cryptocurrencies.

[Falcon]

It will be decided by the time and chance to see if you are correct on that. Let us wait for further happenings in the future of bitcoin and ripple.

[Pabloiscobar]

This is the situation, when the bitcoin is up then the altcoin will down. And when the bitcoin is down then the altcoin will sink .

[pokxon]

If bitcoin is down, then altcoin can not come up. The value of the altcoins depends on the bitcoin so they can not increase if the bitcoin is reduced dramatically. If any altcoin goes up then I think it could be a virtual pump

[Infinite]

Bitcoin will not end up to that. Altcoin will always be under the control of bitcoin and this will is the greatest bondage on altcoins side.

[purpleseven]

But in fact, altcoin prices remain down when bitcoin decreases. everyone still believes the effects of bitcoin on the crypto market.

[dekafee79]

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 think Altcoins are morr potential than bitcoin. Maybe altcoin will replace bitcoin at the coming year.