Quote from: gabmen on August 16, 2018, 01:56:44 PM

Quote from: websoftwareengineer on August 14, 2018, 06:14:51 PM

Quote from: Cryptodiscuss on August 14, 2018, 01:46:33 PM

Today price is best example of market confidence in BTC. In 24h bitcoin dipped and went back with the price, nothing really happened, except it take over 54% of market cap and slaughter all altcoins!

Yes that was a very good strategy, taking advantage of the current situation in the market by investing a huge amount is the best thing to do to earn more profit before the market price pump up again.

I think that's about to change when the market recovers. People probably are a bit weary of holding and dealing with alts since they've dropped quite significantly while btc proved more resilient.

Bitcoin is the core factor of the market and it should be the most significant one forever. This is normal, altcoins can melt down quickly, but bitcoin won't be affected that negatively as a result.