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RE: The Bitcoin Factor in the Coming of An Altseason
Dear @gandhibaba
Another interesting choice of topic. Solid read.
Bitcoin factor had always played a major role in determining the prices of other crypto assets.
My impression was always that Bitcoin matters mostly because for many it is being considered a "bridge" between crypto and FIAT. I wonder if BTC will ever lose it's role as a "king of all cryptos".
For a moment I thought that Libra can take up this role. But I'm not sure about it any more.
So When the Next Altseaon?
Since most people seem to believe that once BTC will go to the moon - then alts will follow with some delay - I would expect that it would happen. Kind of as a self-fulfilling prophecy.
Enjoy your weekend,
Yours, Piotr
That's correct. BTC is mainly flourishing because many still see it as the measure of all crypto value. Libra cannot stand because it can't be trusted as much as BTC is.
As for your prophesy I see it being fulfilled somewhere around 2021. We'll see what happens. Cheers!