Post
Topic
Board Speculation (Altcoins)
Re: Have to wait till Bitcoin Bear Market is over for Alts to climb again?
by
ophyrim
on 24/03/2018, 22:58:23 UTC
When you guys think that will be  Huh

Most likely not this year.

I would say either next year, or 2020. That's when the markets usually rebound from a dump.

For alts to start to climb, bitcoin needs to start climbing. Once bitcoin starts to climb, then alts will follow and even outpace the growth of bitcoin. I just don't see this happening this year with the new regulations and bans and all that negative stuff being covered in the media about bitcoin, even though nothing has really changed. This is why I think it'll take around 1-2 years for markets to completely recover and go into bullish mode here.
This is not the first time I read this hypothesis. Even Ian Balina thinks like you. I think you are comparing this crisis with 2013 crisis. I am afraid this could be true. But I am more optimistic about the near future of the crypto
1- More people are aware of the crypto with regard to 2013 and more people are investing.
2- More people are using crypto with regard to 2013 and the numbers are increasing each day.