Quote from: lixer on September 21, 2019, 02:21:07 PM

Quote from: eagle10 on September 18, 2019, 05:33:09 AM

Will this be the start of a short-lived altcoins dominating the market? Will bitcoin stuck for another month or a few months more before climbing back to the top? What's your opinion?

Here is the article:
https://www.newsbtc.com/2019/09/18/altcoins-awaken-what-has-driven-the-epic-xrp-surge/

I dont know the reason for the surge, it could have also been manipulated, but I see that there are some coins that also pulled up along with bitcoin and I dont want to believe yet that this is the beginning of altcoins season that we have been waiting for, we will still wait for another few days to really confirm if this is indeed the bull run that we have been waiting, but for what I think, I think bitcoin dominance will still continue for the rest of this year before altcoins makes a head for their own bull run, and that will hopefully be by the time the halving of bitcoin starts next year. Altcoins are actually due for their own bull run if not for the scam projects that came to discourage everyone about ICO.

Ripple surged, verge surged, doge coin surged and so as other coins like you said, but it is quite too early for us to have believed that it is bull run for altcoins, if I tell you that I am beginning not to believe in bull run for altcoins again, will you say that I am crazy? No, I am not crazy, because what created bull run in the last bull run was just simply ICO.

Through the ICO, many big investors with very large money believing they could triple their money based on the hype then pumped their money in large amount into altcoin market, But majority of them has been dealt with by whales and they have kind of gone down now financially, so it will take more effort for people to even believe in putting money in cryptocurrency again, and you can see what I am saying from the rising dominance of bitcoin.