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Topic: Alt Bubble Popped? - page 4. (Read 5865 times)

newbie
Activity: 42
Merit: 0
May 09, 2017, 01:35:37 PM
#17


You mean still popping ! Give it a few days people will realize when Alts don't reach the old high.
Look at XRP it was 22cents now 16 and a half but it hasn't gone back up to 22.
newbie
Activity: 42
Merit: 0
May 09, 2017, 01:27:09 PM
#16
The only ones I watch are dash and doge, and they're down just a little.  Bubble deflated a little, maybe,  but hasn't popped.

Meanwhile,  bitcoin is over $1700.  Crazy!!
yeah right bitcoin really make a huge pumped and what next to happen is that those who already got a good earnings from the alts
that they are supporting already converting it to bitcoin making it sure that they can sell it and exchange it in a much bigger fiat
value.

Yup people are selling Alts pushing Bitcoin up ! Right on. I wonder how high Bitcoin will go considering the market cap in Alts. Any guesses ?
sr. member
Activity: 661
Merit: 258
May 09, 2017, 01:25:08 PM
#15
It's just a market correction point + btc raise and it happened before alot even more aggressive than this one ,only those who panic loss in this situation .
newbie
Activity: 42
Merit: 0
May 09, 2017, 01:20:59 PM
#14
Seeing all the red at polo, it seems like the altcoin bubble has finally been popped as expected of course.
Would you be waiting for the price to settle or buying into your favorites alts right now?
What alts were you been waiting to get dumped to buy?

The Bubble is popping right now ! It's not done.
hero member
Activity: 1302
Merit: 540
May 09, 2017, 11:18:20 AM
#13
The only ones I watch are dash and doge, and they're down just a little.  Bubble deflated a little, maybe,  but hasn't popped.

Meanwhile,  bitcoin is over $1700.  Crazy!!
yeah right bitcoin really make a huge pumped and what next to happen is that those who already got a good earnings from the alts
that they are supporting already converting it to bitcoin making it sure that they can sell it and exchange it in a much bigger fiat
value.
legendary
Activity: 3458
Merit: 6948
Top Crypto Casino
May 09, 2017, 11:14:53 AM
#12
The only ones I watch are dash and doge, and they're down just a little.  Bubble deflated a little, maybe,  but hasn't popped.

Meanwhile,  bitcoin is over $1700.  Crazy!!
full member
Activity: 207
Merit: 100
May 09, 2017, 11:05:27 AM
#11
BTC just hit the $1,700 mark. It should be expected since most people would like to cash in their profits, mostly selling their altcoins to BTC. I advise to keep your alts, panic buying would be over in a while.
Do you think that people will panic even when the price of bitcoin is at an all time high and do you think people would invest more in it by selling off alts,i am not sure how much time it will take for the alts to recover.lets see how much they will go down and will decide after that on what to do with it.
full member
Activity: 144
Merit: 101
May 09, 2017, 10:47:06 AM
#10
BTC just hit the $1,700 mark. It should be expected since most people would like to cash in their profits, mostly selling their altcoins to BTC. I advise to keep your alts, panic buying would be over in a while.
sr. member
Activity: 476
Merit: 254
May 09, 2017, 10:39:45 AM
#9
Seeing all the red at polo, it seems like the altcoin bubble has finally been popped as expected of course.
Would you be waiting for the price to settle or buying into your favorites alts right now?
What alts were you been waiting to get dumped to buy?


I am equally waiting for the dump in other to buy because as someone who has been here for a while, one must not just buy when the momentum is high or else you find yourself to blame especially when it comes to alt that there are no traceable reason why there is increase in the price in the first instance. So, my eyes are on few alt which include ZCL, ETH for now.
sr. member
Activity: 392
Merit: 250
May 09, 2017, 06:09:59 AM
#8
Now is buy time i love market panic  Cool
full member
Activity: 121
Merit: 100
May 09, 2017, 05:50:09 AM
#7
legendary
Activity: 2786
Merit: 1031
May 09, 2017, 05:35:21 AM
#6
Be careful, don't fall in the bear trap, if you aren't green don't panic sell, this bull run isn't over yet, but you may want to reduce your alt exposure on the rebound.
hero member
Activity: 560
Merit: 501
May 09, 2017, 05:21:30 AM
#5
Bitcoin rises, alts maintain the same value in dollar, so they go down with respect to BTC, plus panic sell.
So it's normal.

Partly true. I think most of them also dropped in dollar value, despite the higher price of BTC, so that means the altcoin-BTC price also dropped. But i also think that this is frequent when BTC is on the rise.
sr. member
Activity: 279
Merit: 254
May 09, 2017, 04:53:41 AM
#4
Bitcoin rises, alts maintain the same value in dollar, so they go down with respect to BTC, plus panic sell.
So it's normal.
legendary
Activity: 1946
Merit: 1007
May 09, 2017, 04:29:08 AM
#3
It hasn't popped yet.. The price simply dropped because BTC is rising. It always happens and the drop is usually bigger than the gained value from BTC price rise.

The coins are already correcting, so it may be a buy opportunity to make 10% or so.
newbie
Activity: 30
Merit: 0
May 09, 2017, 04:24:14 AM
#2
i dunno.....its weird. ive never seen anything like it
hero member
Activity: 714
Merit: 500
May 09, 2017, 04:12:59 AM
#1
Seeing all the red at polo, it seems like the altcoin bubble has finally been popped as expected of course.
Would you be waiting for the price to settle or buying into your favorites alts right now?
What alts were you been waiting to get dumped to buy?
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