Quote from: oda.krell on May 08, 2017, 08:09:22 AM

That's some serious lack of self-awareness, right there. All of the arguments can be, and have been applied to btc earlier as well. I didn't believe them back then, and as time progresses, that position is only confirmed. That said, nothing per se means that a bubbling alt market is a tulip mania, just like the bubbling btc market wasn't in itself a necessary signal for tulip mania back then.

Disagreed. Anything that even closely resembled a bubble in Bitcoin has always crashed (see May 2013). It doesn't seem like you can recognize obvious bubbles, or are you telling me that >$20 billion poured into alts in <60 days?

Quote from: oda.krell on May 08, 2017, 08:09:22 AM

Probably true in terms of percentage over coins, but not in terms of market cap (in a loose sense, I know).

It is true, but I did not mention market cap dominance being rightfully 99% did I?

Quote from: oda.krell on May 08, 2017, 08:09:22 AM

I'm not worried about btc dominance, it is the main player and I don't see that changing in the near future, based on what I observe.

Neither am I. BTC dominance on market cap is nonsense due to several things:
1) Valuation of coins that have minimum trading volume (e.g. sometimes even sub $1000) in 24 hours as in several millions of market cap.
2) Counting centralized, corporation issued tokens such as XRP. This one is nonsensical
3) It's BTC, the digital gold up against several thousands of altcoins in that metric.

We are back above $1600 on Bitstamp. Why is everyone so quiet?