Post
Topic
Board Altcoin Discussion
Re: When altcoin price increase
by
prof7bit
on 29/08/2019, 18:27:52 UTC
When bitcoin price increasess, altcoin decreases. When bitcoin price decreases, altcoin decreases as well. In both case, altcoin suffers. When does altcoin price increases? Why market follow this behavior? Please share constructive reason behind this.
Now I cannot predict when prices for altcoin may rise. It does not depend on the same BTC as before. Right now whether BTC increases or decreases, altcoin is still down. The altcoin season seems to be far away for us

I don't understand why everyone is blaming Bitcoin for their losses with altcoin. Let me be clear about it, if the altcoins are down, that is because people don't want to invest in these shitcoins. It has nothing to do with Bitcoin. For sure, Bitcoin is not forcibly asking the cryptocurrency users to stay away from altcoins. So my advice is to take care of all the flaws and bugs, rather than putting the blame on BTC.

The motto should be MAGA (make altcoins great again!!)
Altcoins fell not because people do not want to invest money in these cryptocurrency assets, but because there is speculation in the market. Bitcoin has a record level of dominance in the market, it is almost 90%.