Almost all alts on the red due bitcoin uprise

BitcoinPanther

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Quote from: BrewMaster on November 02, 2016, 10:21:08 AM

Quote from: pereira4 on October 29, 2016, 10:24:36 AM

Bitcoin on its way to destroy the last ATH. We will test 778 again, then we will go straight for 1200+. Alts are going to go deep in the red for a long time now in my book with the exceptional big pump and dumps that can always happen on any random coin.

if bitcoin continues going up even if it becomes slower than the previous 2-3 days, then altcoin prices will continue declining and go lower than this and no matter how much the altcoin owners and pumpers try they can not reverse it unless bitcoin stops rising or slows down for a while becoming stable at $720

This is actually expected, as bitcoin price being more expensive, altcoin price to bitcoin will go down unless the altcoin have some good news or being pump hard by pump team. Altcoin with the latest hype / development the moment bitcoin price is uptrending can go with the uptrend price of bitcoin but those that have no good news or whatsoever will be in the red.

BrewMaster

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Quote from: pereira4 on October 29, 2016, 10:24:36 AM

Bitcoin on its way to destroy the last ATH. We will test 778 again, then we will go straight for 1200+. Alts are going to go deep in the red for a long time now in my book with the exceptional big pump and dumps that can always happen on any random coin.

if bitcoin continues going up even if it becomes slower than the previous 2-3 days, then altcoin prices will continue declining and go lower than this and no matter how much the altcoin owners and pumpers try they can not reverse it unless bitcoin stops rising or slows down for a while becoming stable at $720

ipanks

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its happen with almost altcoin and in every market but i am sure that the price every altcoin will have a new price too by following bitcoin price and i hope that every altcoin have a good jump and high for the price too because the price for now its really going to deep than before.

talkbitcoin

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Quote from: BiTZeD on October 29, 2016, 10:45:14 AM

Why is everyone so optimistic as soon as we do more than 3 consecutive days of rise ? Don't dream too high, because harder will be the fall.

rise alone is not the reason people are talking about even higher prices. if you think it is optimism to say bitcoin price will be $1000+ then it shows that you don't know anything about why price even goes up in the first place.

BiTZeD

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Quote from: AtheistAKASaneBrain on November 01, 2016, 09:55:49 AM

Quote from: BiTZeD on October 29, 2016, 10:45:14 AM

Why is everyone so optimistic as soon as we do more than 3 consecutive days of rise ? Don't dream too high, because harder will be the fall.

Well, you are the guy that would have sold at 200-300 dollars thinking "don't dream too high" then it went to 1200

We will go higher than most people expect, a lot of people will be shaken out of the game since they will buy way too early.

No, I'm not that guy. I never sell bitcoins, because I know that it will go to 10 000$ someday, but that's an advice for whoever would be tempted to buy now at 723$ and sell at a fictive 800$ that might never come that month.

AtheistAKASaneBrain

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Quote from: BiTZeD on October 29, 2016, 10:45:14 AM

Why is everyone so optimistic as soon as we do more than 3 consecutive days of rise ? Don't dream too high, because harder will be the fall.

Well, you are the guy that would have sold at 200-300 dollars thinking "don't dream too high" then it went to 1200

We will go higher than most people expect, a lot of people will be shaken out of the game since they will buy way too early.

BiTZeD

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Why is everyone so optimistic as soon as we do more than 3 consecutive days of rise ? Don't dream too high, because harder will be the fall.

harizen

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Quote from: pereira4 on October 29, 2016, 10:24:36 AM

Bitcoin on its way to destroy the last ATH. We will test 778 again, then we will go straight for 1200+. Alts are going to go deep in the red for a long time now in my book with the exceptional big pump and dumps that can always happen on any random coin.

Bitcoin before surpassing the last ATH will takes time. Just because there is a price increase it doesn't mean the price will go straight there. Surely a quite average of price dump will happen. And for alts? Well it's just a scenario of pumps and dumps and this kind of situation is normal for alts.

Anyways if that is your speculation I have nothing to do with that. Let's just watch will happen.

pereira4

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Bitcoin on its way to destroy the last ATH. We will test 778 again, then we will go straight for 1200+. Alts are going to go deep in the red for a long time now in my book with the exceptional big pump and dumps that can always happen on any random coin.

Topic: Almost all alts on the red due bitcoin uprise (Read 588 times)