Quote from: dreamspark on May 10, 2017, 09:14:33 PM

Quote from: ArticMine on May 10, 2017, 04:00:35 PM

Quote from: dreamspark on May 10, 2017, 02:38:09 PM

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Why stop there. Though I find it difficult to rationalise a scenario where any of the current alts are worth their $values without this btc rally

Actually this crypto rally is driven by alts and not XBT. XBT market dominance is plunging http://coinmarketcap.com/charts/#btc-percentage This is very different from the past.

Sure, the alts are driving the this general crypto rally/bubble, whatever you want to call it but you cant seriously think that if btc was down in double figures that we would be seeing $100 ETH, $20 ltc etc etc.

All the market share figures are showing is that the alts are outpacing btc in terms of % gains but the real world $ figures would be orders of magnitudes lower if btc wasn't so high. Imo thats undeniable.

Sanity + 1

But it can carry on being irrational for longer than you expect. Just be prepared for when it stops?