I think the metals analogy is utter twaddle. The metals have fundamentally different purposes. That's why they each have their value and separate markets. All crypto is pretty much the same with a few minuscule tweaks here and there.
If a bacteria suddenly started eating the Earth's gold, silver would still chug along as it has actual uses beyond speculation. I don't think the same would happen if BTC died.
Topic: All alts going crazy, people are fed up!!!! - page 2. (Read 4054 times)
To all the altcoin naysayers, open up your mind to new possibilities, is Gold the only precious metal, there is Silver, Platinum, Copper and others, is Google (I mean Alphabet) the only stock on the market, there is Apple, IBM, Microsoft, even penny stocks. Be flexible and DIVERSIFY. Do you put ALL your eggs in one basket? Don't be stupid.
i would only take this advice serious if we are talking about the strongest alt, like ethereum, dash, the other are simply trash p&d scheme
Amph, I respect your opinions but I believe you are not telling the whole truth here. Bitcoin is the Gold, Litecoin is the Silver, however the Bronze does not yet have a clear contender. Some say Doge, others say Ether. I only know a couple others like Diamond and DGB as these altcoins have SOLID devs and communities. All I can say is Do Not be close minded about these altcoins, yes some are pump&dump crapcoins, you have to look at the history and vintage behind the coins you're interested in. If you only care about bitcoins, you are not diversifying.
"diversifying" into altcoins isn't really diversifying.
Although there are some altcoins with potential for a huge upside, like Monero/DASH. But they are HIGHLY RISKY as well. I don't particularly believe in any of the others, although I think Ethereum and litecoin has the highest chances for survival.
The block size debate is already solved: We will follow with the Core capacity increases roadmap as presented on bitcoin.org website, the rest just need to learn to let smarter people do the job and shut the f*** up about it.
The ETH pump will be soon over, as is just another shitcoin. I hope people holding it sold and profited from it tho.
The ETH pump will be soon over, as is just another shitcoin. I hope people holding it sold and profited from it tho.
While i respect other peoples opinions, i must say that you give way too much credit to the core dev team. Having coders working full time on something and delivering
so few options is laughable at best. Weather they are incompotent or just lazy i dont know, but it is something of those two. imho ofc
To all the altcoin naysayers, open up your mind to new possibilities, is Gold the only precious metal, there is Silver, Platinum, Copper and others, is Google (I mean Alphabet) the only stock on the market, there is Apple, IBM, Microsoft, even penny stocks. Be flexible and DIVERSIFY. Do you put ALL your eggs in one basket? Don't be stupid.
i would only take this advice serious if we are talking about the strongest alt, like ethereum, dash, the other are simply trash p&d scheme
Amph, I respect your opinions but I believe you are not telling the whole truth here. Bitcoin is the Gold, Litecoin is the Silver, however the Bronze does not yet have a clear contender. Some say Doge, others say Ether. I only know a couple others like Diamond and DGB as these altcoins have SOLID devs and communities. All I can say is Do Not be close minded about these altcoins, yes some are pump&dump crapcoins, you have to look at the history and vintage behind the coins you're interested in. If you only care about bitcoins, you are not diversifying.
The block size debate is already solved: We will follow with the Core capacity increases roadmap as presented on bitcoin.org website, the rest just need to learn to let smarter people do the job and shut the f*** up about it.
The ETH pump will be soon over, as is just another shitcoin. I hope people holding it sold and profited from it tho.
The ETH pump will be soon over, as is just another shitcoin. I hope people holding it sold and profited from it tho.
all fudsters do is create more fud. people are fed up with posts like this. most the alt coin scene is a complete joke. LONG LIVE BTC AND SMALL BLOCKS
It is a complete joke in the term that it's all manipulated, I agree. Why there are many hard working people, I think it's basically all for nothing since they end up being pumped and dumped like the rest of the scam coins, that's the hard truth. There could be a couple of interesting projects, for example ETH, but people thinking that you could find the next Bitcoin in the altcoin exchanges are deluded at best. With that being said, if you have some inside knowledge like I said you could potentially make A LOT of money.
To all the altcoin naysayers, open up your mind to new possibilities, is Gold the only precious metal, there is Silver, Platinum, Copper and others, is Google (I mean Alphabet) the only stock on the market, there is Apple, IBM, Microsoft, even penny stocks. Be flexible and DIVERSIFY. Do you put ALL your eggs in one basket? Don't be stupid.
i would only take this advice serious if we are talking about the strongest alt, like ethereum, dash, the other are simply trash p&d scheme
In a few days time if bitcoin prices keeps on going down, many of these will get back to bitcoin as they see it as a bargain. It's all business, traders go to where the money is and for now they can see that there's much traction in btc that's why they're in alt.
And those altcoin price will rise down when block size problem has solved, but we even don't know for sure when this problem will be solved.
But, ethereum's price which is most hot altcoin isn't raising though
Guess traders and altcoin investors are happy right now, i even saw an altcoin which rise above 1000%
Even so, none of these altcoin can fight bitcoin market cap or trading volume.
But, ethereum's price which is most hot altcoin isn't raising though
Guess traders and altcoin investors are happy right now, i even saw an altcoin which rise above 1000%
Even so, none of these altcoin can fight bitcoin market cap or trading volume.
Pretty sure some of them dumped those altcoins for BTC near the peak, and are holding more BTC right now.
To all the altcoin naysayers, open up your mind to new possibilities, is Gold the only precious metal, there is Silver, Platinum, Copper and others, is Google (I mean Alphabet) the only stock on the market, there is Apple, IBM, Microsoft, even penny stocks. Be flexible and DIVERSIFY. Do you put ALL your eggs in one basket? Don't be stupid.
It is alts rebound,some alts.But most of that volume is doge pump.From 40 sat to 150sat in three days
Now thay will finish with doge and pump btc
Long term alt is EMC
Now thay will finish with doge and pump btc
Long term alt is EMC
all fudsters do is create more fud. people are fed up with posts like this. most the alt coin scene is a complete joke. LONG LIVE BTC AND SMALL BLOCKS
i wouldnt be so sure about buying those altcoins, bitcoin is still the best and nothing will change it ever, i hope that the problem will be solved soon
Yes, altcoins are crazy. See the dogecoin really, for example. I would not marvel if there were a LTC rally soon too.
doge up over 90% in the last 24 hours. Totally sustainable growth, I'm sure.
Holy jesus..
This death of cryptsy has made things interesting..
Any well trusted alt exchange people are using?
Poloniex is currently the place to go. They have a lot of volume for many of the main coins.
They have been hacked in the past (2014 if i'm correct), but they have been open with it and fixed it in a professional manner.
With current volume, they are also making a lot of money (I don't think they are gaming the system with fake volume) and supposedly they have already recovered from the hack, so no reason to distrust them for this.
Bittrex is also possible, but there are some people accusing them of not being totally honest and being driven by pump and dump scams, adding new coins just for the high initial volume.
I think it's mostly due to the fact that people have lost their coins when Cryptsy went down. People are buying back the altcoins on other exchanges and are driving the prices up to high levels.
There are/were quite a few coins that were cryptsy only, indeed I'm not sure some of them even had a functioning blockchain any more. I'm sure plenty of people were wiped out and don't have the funds or appetite for more.
Almost all ALTcoins, price goes up. and many are dumping their coins, but the price pump continues. We will see a new year for ALTcoins this 2016
No. Most of those altcoins have absolutely no future in sight, and this is only a temporary pump & dump. This will end soon enough, and those who could have done so have already taken their share of the profit. Look at http://coinmarketcap.com/
Lots of money pouring into alts due to this ridiculous blocksize debate.
Needs to get fixed soon.
Lots of money pouring into alts due to this ridiculous blocksize debate.
Needs to get fixed soon.
your reasoning is a bit off.
i am not saying blocksize debate had 0 effect. but i am saying it is not the main reason.
these pumps and 100%-200%-500% increases is nothing new in altcoin market. it has always been like this.
in coinmarketcap.com just click on the charts and set the time-frame to all (more than a year) you will see that the #pump pattern keeps happening every now and then in each coin.
Yep, I really don't think very many people are actually freaked out by the block debate. Maybe a few noobies who have only been in bitcoin for a few months, but nobody with perpective should care. I've been holding and watching the charts nearly even days since summer '13. I'm not worried in the slightest. Trade volume is a bit lower than I like but it's been that way since the drop from 1k, nothing new. This is 2016, been waiting for this year since I bought my first coin. Popcorn is popping...
If you are in the know or have inside information you can definitely make a lot of money. The only pump I think it could be sustainable somehow is ETH though. I can see that project actually having some traction in the real world soon but that doesn't mean it will cost much more than it currently is, not altcoins will be valued at $400 like BTC or achieve such gains.
Look at http://coinmarketcap.com/
Lots of money pouring into alts due to this ridiculous blocksize debate.
Needs to get fixed soon.
Lots of money pouring into alts due to this ridiculous blocksize debate.
Needs to get fixed soon.
your reasoning is a bit off.
i am not saying blocksize debate had 0 effect. but i am saying it is not the main reason.
these pumps and 100%-200%-500% increases is nothing new in altcoin market. it has always been like this.
in coinmarketcap.com just click on the charts and set the time-frame to all (more than a year) you will see that the #pump pattern keeps happening every now and then in each coin.
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