Quote from: timmmers on March 15, 2019, 10:01:35 PM

Quote from: generalizethis on March 14, 2019, 09:17:06 PM

Quote from: ATSgrowth on March 13, 2019, 04:42:27 PM

Hello, recently one of the most famous traders Tone Vays said that next bull run will cause altcoins crash because people will start with the massive sale of altcoins and they will put everything in Bitcoin.
Do you agree with him? Really only Bitcoin survives?

I guess he doesn't look at charts. If he did, he'd see that that's the exact opposite of what has happened in every bull run. Historically altcoins increase in overall marketcap when there's a bull run, which obviously means bitcoin shrinks. I think it shrank to under 40% in the last bull run, so 25% wouldn't be out of the question in the next bull run if the long term trend stays as it always has. Maybe he got confused and meant in the next bear market as the market consolidates to bitcoin because noobs realize they have no clue what they're doing and buy what they think is "safe".

What will be interesting is if bitcoin drops below 25% of total marketcap and a new leader is crowned, do noobs still think bitcoin is the safe choice when the next bear market rolls around...

Are you kidding right Grin

90% of people here know Tone Vays and his channel.
Also he said that he is a famous trader, and you are talking about that he doesn´t look at charts? Did you even reading before writing?

Apparently the sarcasm went over your head. The point is that he should know from looking at the charts that his opinion isn't historically backed and is a maximalist fantasy.