Pages:
Author

Topic: Altcoins rising (Read 5145 times)

sr. member
Activity: 532
Merit: 250
May 07, 2017, 05:30:48 PM
#86
Ripple alone is up by almost 50% today. It might just overtake Litecoin in marketcap. Crazy times indeed. I'm tempted to sell some of my XRP for a good profit before it comes crashing down...though there's a good chance it might continue with it's upward trend.

If XRP is crazy, then Stellar is mad.

Anyway. I predict the alt-coin bubble will slow down in about 4 months, then people will be starting to mass sell their altcoins.
newbie
Activity: 27
Merit: 0
May 07, 2017, 05:05:10 PM
#85
Ripple alone is up by almost 50% today. It might just overtake Litecoin in marketcap. Crazy times indeed. I'm tempted to sell some of my XRP for a good profit before it comes crashing down...though there's a good chance it might continue with it's upward trend.
hero member
Activity: 910
Merit: 523
May 07, 2017, 03:52:49 PM
#84
I remember a day where BTC was king and all altcoins were lousy. They would all fail soon, and only BTC would survive. The market capitalizations of all altcoins was less than a tenth of BTC's. Times have changed! Today, the market capitalizations of all altcoins is more than 40% of BTC's.

Obviously, there is more and more money going into cryptocurrencies. BTC is still leading by far. BTC also remains the one and only crypto you can actually use to buy things, and it's the easiest to buy with a bank transfer. But it needs to get better quick. Investors now have a wide choice to put their money in, and that shows.

People always looking for a good and potential cryptocurrency for many purposes I guess, to make a faster transaction, to store their wealth but maybe the most as trading object.
I admit, we can't trivialize altcoins compare to bitcoin as it has advantages and features that bitcoin doesn't, that's why some coins began to rise and reach $100-$200.
In the end people convert back their alts into bitcoin as the most trusted and valuable coin, but it has some prolem to be fixed such as confirmation time which always increase over time simultaneously with the price.
full member
Activity: 188
Merit: 100
http://cryptoinvesting.net
May 07, 2017, 03:40:52 PM
#83
bet .01btc it's not a bubble and no 'burst' within the next 3 months.
stipulations:
1) we will call a 'burst' 20% fall from these levels.
1) any 'burst' would have to be from around these levels, now higher from here...therefore:
2) current altcoin market cap is ~$12.5 billion (per coinmarketcap.com)
4) you win if altcoin marketcap hits 10.1billion marketcap.

if you want a longer timeline lmk. but i'd rather just do mulitple bets cuz I don't wanna wait too long for my money Tongue

Wont crash, not a bubble yet. Indvidual coins might crash, but as a group...UP. I'd even be willing to bet they RISE 20% from here, hah!

that sounds like a plan. i'll pm you. if it hasn't happened by august 1st i'll pay up. if it does then i'll nominate the charity where i want your .01 to go.

Seeing as it's still going up, $22 billion marketcap now...think I'm winning this bet :p Long way down before 10.1 billion now. As I said, no bubble. Just warming up. Next year I'll be taking bets @ 200billion market cap.
hero member
Activity: 770
Merit: 629
May 05, 2017, 03:24:11 AM
#82
Global fiat economic crisis is coming?

I don't think crypto has much to do with fiat.  It is a speculative market now, like derivatives and penny stock.  My theory is that many coins will rise to about comparable market caps, because that's the only way to make obviously gaining strategies impossible (efficient market hypothesis).
legendary
Activity: 1288
Merit: 1000
May 04, 2017, 06:32:22 PM
#81
I dont know if someone has noticed or not.
but both altcoins and btc are rising simultaneously....
I have never seen something like that. I monitor coinmarketcap.com and it it insane what is going on.
In top 50 coins there is only like 4 coins which registered a loss during last 24 hours.
ETH will soon reach $100, Litecoin is on its way to $30. Global fiat economic crisis is coming?
sr. member
Activity: 652
Merit: 257
May 04, 2017, 06:24:39 PM
#80
It's just such a safe investment because of the utility and institutional money being poured in. Bitcoin is a fantastic store of value......you can literally convert it to anything.

Everything good about cryptocurrency has yet to even become a major part of our lives. Just wait til apps built on the blockchain become used more.
hero member
Activity: 602
Merit: 500
May 04, 2017, 05:52:11 PM
#79
I think people are invvesting in altcoin to convert them into btc later when price of Altcoin increses.The real crypto king is btc and will always remain so .
hero member
Activity: 2996
Merit: 600
Eloncoin.org - Mars, here we come!
May 04, 2017, 05:43:26 PM
#78
I dont know if someone has noticed or not.
but both altcoins and btc are rising simultaneously....

I noticed it and it's odd because we know and familiar that when the price of bitcoin is increasing alts are doing a counterpart of it, they are decreasing. Well let's just take the chance of this, let's both hold together but profit is profit. I hope that this rally will happen for a longer time or it is much better if this is a continuous process.
full member
Activity: 235
Merit: 250
May 04, 2017, 04:47:36 PM
#77
I dont think it is a bubble. Bitcoin is in the news so much that there has been a huge influx of cash into the space. Plus institutional money is coming in.  A few weeks a go the # 30 spot on CMC was $8m now its $50m.  $100m got you in the top 10 ranking but now it takes $200m.  The top 2 coins do $1 bil a day in volume. That is 10x a year ago.

Check out the CMC historical snapshots.

Crypto is in and its just getting started. Think if it multiplies by 10x again over the net year. BUY! BUY! BUY!
copper member
Activity: 364
Merit: 101
May 04, 2017, 04:44:40 PM
#76
I dont know if someone has noticed or not.
but both altcoins and btc are rising simultaneously....
member
Activity: 84
Merit: 10
May 04, 2017, 04:30:37 PM
#75
I really hope this bubble doesn't burst.
member
Activity: 70
Merit: 10
https://boscoin.io
May 04, 2017, 04:30:26 PM
#74
Some of the altcoins are rising because of the features that it delivers that solves some problems that BTC can't handle. An example is SW implementation on LTC, that is showing that is possible and would be beneficial to BTC in the near future. The more an altcoin show different solutions to our problems, and become known, the more it's price will rise.
sr. member
Activity: 652
Merit: 257
May 04, 2017, 04:03:46 PM
#73
The alt coin bubble is going to end badly for people. I just hope that money flows into Bitcoin  Cheesy
Dash and eth are still the best coin after btc. I think both will be next bitcoin in price

Why is Dash considered valuable?
full member
Activity: 123
Merit: 100
May 04, 2017, 03:31:42 PM
#72
The alt coin bubble is going to end badly for people. I just hope that money flows into Bitcoin  Cheesy
Dash and eth are still the best coin after btc. I think both will be next bitcoin in price

ETH with "no cap" at price of Bitcoin? maybe in marketcap yes, but same price.. I hope only Smiley))
hero member
Activity: 812
Merit: 501
May 04, 2017, 02:31:07 PM
#71
The alt coin bubble is going to end badly for people. I just hope that money flows into Bitcoin  Cheesy
Dash and eth are still the best coin after btc. I think both will be next bitcoin in price
sr. member
Activity: 652
Merit: 257
May 04, 2017, 01:55:18 PM
#70
This altcoin run essentially means good things for Bitcoin.

Both institutional and altcoin investments are funneling into and out of Bitcoin. This is great for crypto as a whole and the sector in general.

TBH everyone on this forum is ahead of the game. The name of the game is to adapt and prosper. As the old fiat institutions crumble, we the people will rise with our own economic ideologies. Since crypto is spread apart by the people rather than by where you live,  this time economic control by force of war is almost impossible.  Smiley
sr. member
Activity: 854
Merit: 252
May 04, 2017, 08:15:09 AM
#69
I remember a day where BTC was king and all altcoins were lousy. They would all fail soon, and only BTC would survive. The market capitalizations of all altcoins was less than a tenth of BTC's. Times have changed! Today, the market capitalizations of all altcoins is more than 40% of BTC's.

Obviously, there is more and more money going into cryptocurrencies. BTC is still leading by far. BTC also remains the one and only crypto you can actually use to buy things, and it's the easiest to buy with a bank transfer. But it needs to get better quick. Investors now have a wide choice to put their money in, and that shows.
That's right, if we are going to check it now the price of the potentials altcoin for real there are really rising up as well just like what happened to LTC now, imagine last year Litecoin has been keep silent for less than a years then when 2017 came up now look at price it was really high, but still bitcoin is on top of course.
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
May 04, 2017, 06:18:54 AM
#68
More and more people are moving their BTC into altcoins. As BTC rises, alts usually pause, but lately they've been rising together. This means new money is flooding in as well.

not true that when bitcoin increase altcoin go down, bitcoin is raising because altcoin is raising, people are buying altcoin using bitcoin, and making both increasing in value, because they need first to buy bitcoin to buy later altcoin
sr. member
Activity: 383
Merit: 250
May 04, 2017, 06:09:20 AM
#67
No bubble, people in the world eventually find the value of bitcoin and altcoins, therefore they seriously invest in crypto, not bubble. We will have 100 billion in the end of the year.
Pages:
Jump to: