Quote from: aomakun on January 02, 2020, 03:34:50 PM

Quote from: Mihaylovic on January 02, 2020, 02:24:41 PM

Quote from: Wysi on December 02, 2019, 08:32:37 AM

We have often witnessed that the growth of altcoin is associated with the growth of bitcoin as whenever there is a pump in the value of bitcoin we have witnessed green days for altcoins too but how long will altcoins be dependent on bitcoin? Do you think altcoin can do it alone and have it's own pump and dump without being dependent on bitcoin? What will it take for altcoin to prosper without bitcoin's involvement?

i dont think it is possible without bitcoin. First of all the market is so bearish at the moment. uptrend can begin only with bitcoin. marketcap grow if people start investing in bitcoin. and after a while (when whales, mid. investors thinks that they made enough profit with bitcoin), money maystart to move on altcoins. that may cause to an altcoin bull.

altcoin does need bitcoin to keep growing, especially to get to altseason. bitcoin movements can provide potential price movements for altcoin, because altcoin is currently still very dependent on bitcoin prices and is difficult to release for this. maybe when the market has improved, altcoin can grow by itself.

altcoin's growth was also greatly influenced by the updates sought by their platform developers. when they make no effort to get better, even if bitcoin pumps, they will only follow for a moment. because their market is not strong.