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Author Topic: What should BTC Dominance be for the prices of altcoins to rise?  (Read 4410 times)

Offline pacar_tiri

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Re: What should BTC Dominance be for the prices of altcoins to rise?
« Reply #45 on: February 20, 2022, 11:22:53 AM »

I have read many opinion form member here
I think bitcoin dominance is decreasing, because there are many potential altcoin that done good work.
More altcoins that have better technology than bitcoin.
So let's see, until now bitcoin is still the King, but I predict will be replaced by altcoins at the coming years.

Yeah,
Bitcoin is still the King of crypto currency mate, Although the bitcoin domination is decreasing, Almost all of crypto currency always depending on bitcoin  progress.

When bitcoin pumps, We all see altcoin follow to pump.
that's the fact, maybe will change when there is potential altcoin that replace bitcoin at the coming future.

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Re: What should BTC Dominance be for the prices of altcoins to rise?
« Reply #45 on: February 20, 2022, 11:22:53 AM »

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Re: What should BTC Dominance be for the prices of altcoins to rise?
« Reply #46 on: February 20, 2022, 04:03:15 PM »
Some altcoins rely on the progress of their project or product to increase their values. So, the dominance of Bitcoin may influence a bit to the prices of the altcoins.
That's right, Many Altcoin projects have increased prices because of the quality of the project so many investors invest in large amounts thereby increasing the price of the Altcoin without having to wait for the Bitcoin price to rise. 
But because Bitcoin is the main coin in Crypto, it is more or less definitely a lot of Altcoins that depend on Bitcoin.

I have read many opinion form member here
I think bitcoin dominance is decreasing, because there are many potential altcoin that done good work.
More altcoins that have better technology than bitcoin.
So let's see, until now bitcoin is still the King, but I predict will be replaced by altcoins at the coming years.

The longer bitcoin dominates the crypto money market. In recent days, all altcoins are seeing selling pressure as soon as btc pulls back. Since Bitcoin is the first crypto currency, this dominance continues for many years. There is still no altcoin that can break this situation.
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Re: What should BTC Dominance be for the prices of altcoins to rise?
« Reply #47 on: February 20, 2022, 05:44:39 PM »
-snip-
** When is the right time to invest in altcoin?
If we want to invest in Altcoins, then we must first pay attention to the movement of the Altcoins. When the price drops, that's the right time to enter, don't rush and have to be patient.

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Re: What should BTC Dominance be for the prices of altcoins to rise?
« Reply #48 on: February 20, 2022, 06:18:24 PM »
I think when btc start to bull run and stay in a acceptable position like 60K up then altcoins bull market will begin. Last year we also see the same position. So if you want to look the Alta bull market then wait for btc market. As alt coins depend on bitcoin. I think we will get another bull market with in few months.
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Re: What should BTC Dominance be for the prices of altcoins to rise?
« Reply #49 on: March 02, 2022, 05:06:07 AM »
As long as the dominance of BTC is above 50% it is enough for the altcoins to rise in price, it is normal, if the altcoins respond directly to the movements of BTC, this gives as a consequence that when BTC is in its Bulllish trend it It is safer that all the altcoins recover and take great prices, this is something that has always been fulfilled, just remember that in 2017 this scenario occurred and the market was totally green.
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Offline DAMKAR

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Re: What should BTC Dominance be for the prices of altcoins to rise?
« Reply #50 on: March 02, 2022, 12:59:31 PM »
As long as the dominance of BTC is above 50% it is enough for the altcoins to rise in price, it is normal, if the altcoins respond directly to the movements of BTC, this gives as a consequence that when BTC is in its Bulllish trend it It is safer that all the altcoins recover and take great prices, this is something that has always been fulfilled, just remember that in 2017 this scenario occurred and the market was totally green.

It's the reason why bitcoin is always be the king of crypto currency, because bitcoin dominant will effect altcoin to rise.
If you said above 50%, I think I'm agree.
Bitcoin pump, we will see altcoin will rise
this is a habit that has been going on for a long time.

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Re: What should BTC Dominance be for the prices of altcoins to rise?
« Reply #51 on: March 04, 2022, 08:29:07 AM »
Depending on the price of Bitcoin itself, even though the trading volume of Bitcoin is up to 63% in dominance, if the market is red, then all altcoins will turn red or go down.
Believe it or not, that's the proof, when Altcoins want to run, it's very, very difficult if Bitcoin is the one that gives red hope or goes down, just enjoy it because this is a cryptocurrency!
retire and rest in peace

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Re: What should BTC Dominance be for the prices of altcoins to rise?
« Reply #51 on: March 04, 2022, 08:29:07 AM »


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Re: What should BTC Dominance be for the prices of altcoins to rise?
« Reply #52 on: March 05, 2022, 01:05:01 PM »
Depending on the price of Bitcoin itself, even though the trading volume of Bitcoin is up to 63% in dominance, if the market is red, then all altcoins will turn red or go down.
Believe it or not, that's the proof, when Altcoins want to run, it's very, very difficult if Bitcoin is the one that gives red hope or goes down, just enjoy it because this is a cryptocurrency!

You're right bitcoin progress will effect almost all of altcoins.
When bitcoin red, altcoins will red.
As you said the trading volume of bitcoin is up to 63%, it will always have big effect to other coins
Bitcoin is the King of crypto currency, and altcoins are just follower.
We know it.

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Re: What should BTC Dominance be for the prices of altcoins to rise?
« Reply #53 on: March 05, 2022, 04:06:46 PM »
I think when btc start to bull run and stay in a acceptable position like 60K up then altcoins bull market will begin. Last year we also see the same position. So if you want to look the Alta bull market then wait for btc market. As alt coins depend on bitcoin. I think we will get another bull market with in few months.
Most likely, dominance comes from how high the volume of buying and selling bitcoin is. This pushes the BTC rate forward. Then there is a pump of top cryptocurrencies. 

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Re: What should BTC Dominance be for the prices of altcoins to rise?
« Reply #54 on: March 11, 2022, 05:46:05 PM »
I think when btc start to bull run and stay in a acceptable position like 60K up then altcoins bull market will begin. Last year we also see the same position. So if you want to look the Alta bull market then wait for btc market. As alt coins depend on bitcoin. I think we will get another bull market with in few months.
Most likely, dominance comes from how high the volume of buying and selling bitcoin is. This pushes the BTC rate forward. Then there is a pump of top cryptocurrencies.

Well when bitcoin pump and dominant at market , I think altcoin will pump too.
That's the fact.
We always see bitcoin is always be the trend.
People believe bitcoin more than altcoin.
Bitcoin trading volume when pump and maybe more 60% at market, altcoin will green.
It's the reason why bitcoin is the King of crypto currency.

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Re: What should BTC Dominance be for the prices of altcoins to rise?
« Reply #55 on: March 17, 2022, 02:53:13 PM »
It can be said like that too because if Bitcoin dominates the market then it is certain that this kind of thing can have an effect on altcoins and it will definitely decrease in price because all markets are focused on Bitcoin.
Altcoins will also succumb if the market dominance of Bitcoin increases, so it is easy and simple for the strength of altcoins to be the best of all so that they are not too dependent on Bitcoin trading dominance.

 

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