Post
Topic
Board Altcoin Discussion
Re: what is happening now?
by
aioc
on 15/08/2019, 10:43:48 UTC
hello friend,
in 2017 I was very happy when I saw the price of Bitcoin increase in coinmarketcap because when the price of Bitcoin increases, then the price of Altcoin will immediately increase too, but for now when the price of Bitcoin increases and it does not affect for the prices of Altcoin (even still down), then when the price of Bitcoin goes down and at that time the price of Altcoin will go down too, so I do not understand the current state of the market and what is happening right now.

We are in a different scenario now, compared to what happened in 2017, people want to see the same profitability and scenario but I don't think it's going to happen again, so many projects coming in only a handful will survive, and our problem is to find these handfuls that are going to succeed, but I'm ok with Bitcoin dominance, it just means that Bitcoin is still the dominant coin in the market.