Quote from: Fawez on June 09, 2018, 04:14:54 PM

Quote from: chickenado on June 09, 2018, 04:10:56 PM

Quote from: Fawez on June 09, 2018, 04:00:21 PM

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 behaviour 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.
Hope he's right

For me i Believe the other way around, if bitcoin will continue to go a downhill trend so as other altcoind will follow in the long run. Yes intially i think the altcoin will rise in the fall of bitcoin because investors will seek another alternative investments but surely if the mother of all cryptocurrency will degrade i believe all the more the reason that other altcoins will follow the same lead.

For sure yes, this is the '' Bitcoin dependance'', meaning that the fall in the value of Bitcoin leads eventually to the fall of other crypto-currencies

I can not say to judge them. Their development cannot be directly reviewed on the one hand. because for their development depends on the effort made. so it does not have to be for Bitcoin down Altcoin will go up. so according to the effort and ability of each.