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.
yep the zeitgeist ist now a different.
the zeitgeist says that people have enough of the bitcoin monopol who control the alts and that something needs to change.
i dont understand how you could be okay with that. you can see with your own eyes what this btc dominance causes. people please think about it.
this bullrun we have/had right now is the result of price pressures in alts back in 2018. alts lost everything because btc did so people got out of alts and invested in btc. its the language of money that controls the markets not the projects itself.
we can see it with our own eyes. there are still many good projects but it doesnt affect the price at all, because its rigged by btc. investors loose confidence when there is no connection beetween the price and the project.