[Strategizer]

What I don't get is why alts are losing value against BTC. Like, if you look at this chart it shows that Bitcoin is gaining market share and alts are losing it:

https://coinmarketcap.com/charts/#dominance-percentage

I would think that people would be leaving BTC and putting their money in alts due to August 1 jitters, but it seems to be the opposite that's happening.

[jcslzr]

its not the same thing, Bitcoin is decentralized, the others have clear owners, just like regular fiat (dollars, euros, etc)