BTC is making a move up on this Friday, January 5th, 2018. This move appears to making alts move down, which creates some interesting bargains in the alt space. Note that the "others" category is exceeding the other established coins which provides indication that traders are seeking alpha in deep parts of the market.
According to https://blockchain.info/unconfirmed-transactions BTC is sitting at about 200k unconfirmed transactions right now. Will BTC's surge last much longer? Do you feel this is a bargain time for alts?
I took some profits off the table before the Xmax correction, I've put some of that back into a couple of the alts I like a few hours ago. I expect them to follow upwards in a few days time.
Even with the surge it doesn't look like it will test the 40% market dominance level that used to be a guarantee. I'll be interested to see if there are some new pump and dumps with larger money moving deeper down the market cap list.
With the unconfirmed transactions of BTC always higher than 100k, people are seeking alternatives to BTC. So I would agree that I think 40-50% BTC market dominance seems at the current time time to be the max it will go again. Folks are finding alternative cryptos to move their funds around.
The bitcoin is the reference of the good money that will replace the bad money. The big banks want us to believe that bitcoin is a bubble, but it is false. The price is very volatile and it is very likely that it will fall again this year, but it does not mean that it will collapse. It is the opposite, I believe that this cryptocurrency will reach 100000 dollars and end the neo-feudalism imposed by the federal reserve, Jamie Dimon and Wall Street.
you may know it already, but a small head-up: Binance will be introducing RaiBlocks into their exchange soon.
Good time to buy Alts!!
BTC is the king of this crytoland... I never doubt that.