Topic: Altcoins rising - page 2. (Read 5145 times)
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.
The alt coin bubble is going to end badly for people. I just hope that money flows into Bitcoin 
Probably just going to lead to a ton of people losing out and the people that are orchestrating all the pumps are simply just going to go back to Bitcoin holding, so you'd probably be right.
Any of the people who are just simply riding off the big increases on altcoins that loses out is probably just going to forget about Cryptos forever and just go back to the Stock Market, Forex, or something along those lines. But, the popping of this bubble is going to be gross and sad for a ton, kinda like the 2008 mortgage bubble popping.
I am forex trader more than 8 years. Let's think about "smart money" and "dumb money". When we compare the cash flow from two different groups, there are few possibilities. Big investors are looking for long term opportunities. You can check statistics of "that opportunities" on some sites which provide weekly spreadsheet.Digital money sector is growing and old payment methods is looking for a new way which needsvthat "smart money". As the capital of the bitcoin is growing gradually we can expect the same to happen in terms of money flow into the network. Whether it can be in the form of investment or for any other process. Never underestimate the power of crowd. There is a chance that bitcoin will be beaten one day and an alt will soon be the base of all
Quote from: isoneguy
it is the year of the altcoin
Bitcoin can and should always be the referential currency.
However, some coins offer services that bitcoin does not currently have the capacity to provide and vice versa...this is as is intended.
For example, how some coins are being used as an economical and sociological test ground for segwit.
The concept of cryptocurrency is to adapt...at least a little. It's in the code...yeah?
The alt coin bubble is going to end badly for people. I just hope that money flows into Bitcoin
Probably just going to lead to a ton of people losing out and the people that are orchestrating all the pumps are simply just going to go back to Bitcoin holding, so you'd probably be right.
Any of the people who are just simply riding off the big increases on altcoins that loses out is probably just going to forget about Cryptos forever and just go back to the Stock Market, Forex, or something along those lines. But, the popping of this bubble is going to be gross and sad for a ton, kinda like the 2008 mortgage bubble popping.
If you do notice that people are not investing anything extra in altcoins they are simply exchanging coins from bitcoin to other alts. I hope you remember whenever the price of dash went up bitcoins price reduced. This time we didn't see bitcoin reduce when eth price increased as bitcoin was introduced in japan so maybe new investors might be from there.
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.
Thats why we should not make a period on our own views on a certain thing.Altcoin is definitely under by BTC but it still shows some progress in the years or months that have passed which means people are interested on having alternative besides to bitcoin.If the price is rising then expect theres an adoption which isnt surprising anymore specially to those coins who are on the top of marketcap. 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.
'I think this is like the next step what's happening the real investment world is interested in crypto now I also saw some signs from some bigger investment dutch companies.'
'No one wants to miss the boat this year.'
that type of talk is an irrefutable sign of a swollen bubble about to spray everyone in the face with its burst.
Probably the most obviously correct analysis !
'I think this is like the next step what's happening the real investment world is interested in crypto now I also saw some signs from some bigger investment dutch companies.'
'No one wants to miss the boat this year.'
that type of talk is an irrefutable sign of a swollen bubble about to spray everyone in the face with its burst.
This is what I'm afraid of too. When does the bubble burst and everyone is hurting badly. Well, I hope to be out before that happens. Its just the greed takes over and you don't want to be know for having weak hands.. I lose sleep over this stuff. lol..
Faith in crypto is increasing overall. Faith in fiat is decreasing overall.
Fiat markets are a mess but crypto markets are meant for movement.
Progress in crypto is moving faster than any other tech. This is value for everyone in.
The rise will continue.
Fiat markets are a mess but crypto markets are meant for movement.
Progress in crypto is moving faster than any other tech. This is value for everyone in.
The rise will continue.
My thoughts of this was because there are a lot of projects that are successful in altcoins.
Ethereum is the leading in altcoins and it has a lot of tokens that are successful, nowadays I've seen majority
of the well funded ICO are increasing its price also.
i agree that there's a lots of successful project which why the value is really rising and even bitcoin is also keep showing good uptrend movements alts are also moving alongside on it, we really can't say now that hen btc rise alts will slowly fall instead, time to keep chasing for the alts that will be pumped together with btc rise up. Ethereum is the leading in altcoins and it has a lot of tokens that are successful, nowadays I've seen majority
of the well funded ICO are increasing its price also.
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
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!
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
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.
'I think this is like the next step what's happening the real investment world is interested in crypto now I also saw some signs from some bigger investment dutch companies.'
'No one wants to miss the boat this year.'
that type of talk is an irrefutable sign of a swollen bubble about to spray everyone in the face with its burst.
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
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!
'I think this is like the next step what's happening the real investment world is interested in crypto now I also saw some signs from some bigger investment dutch companies.'
'No one wants to miss the boat this year.'
that type of talk is an irrefutable sign of a swollen bubble about to spray everyone in the face with its burst.
How fast everything is rising like now and new money coming in. I think this is like the next step what's happening the real investment world is interested in crypto now I also saw some signs from some bigger investment dutch companies. But they don't really reveal it publicly you have to search it deeper. I mean why would they tell the public that they make insane profits with crypto? Then every man will step in. 300 bil+ this year would by nice maybe too optimistic. But I am just saying what I think. If this keeps going its possible.
And many many more tokens will by released. No one wants to miss the boat this year. The further future I can't tell and it will also by good for bitcoin. We only need to watch out if bitcoin dominance doesn't go down to much. That can cause price drops later on if to many people move to alt coins. But at the same time if people keep paying more money for the bitcoins it can't really drop either.
And many many more tokens will by released. No one wants to miss the boat this year. The further future I can't tell and it will also by good for bitcoin. We only need to watch out if bitcoin dominance doesn't go down to much. That can cause price drops later on if to many people move to alt coins. But at the same time if people keep paying more money for the bitcoins it can't really drop either.
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.
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.
Well it's not easy to give fame to your own coin if possible especially if the 1st created has already a high gap on the next altcoin. Ethereum was not the 2nd to be created but it rised among altcoins. An alt coin has chance depending on how unique its features are. Right now its hard to think of own style because almost all altcoins has the same motive but has different perspective on each of them.
You can consider some of the alt coins like ethrium monera etc that getting and having success like bitcoin does but still a long run to become like bitcoin also so many alt coins in the market that cost nothing so for me just bitcoin.
Of course, right now the chances are very less, many new people are entering into the crypto world, but this basic step of all the people because crypto's already changing blockchain system technology which many banks are being migrated. In coming days we can see many other sectors coming forward to the crypto world.
I don't see how you can say that. Ethereum is about half of the alt coin market. Dash is not the other half, by far. Ripple is 3 times bigger, and LTC and ETC are comparable to DASH. Monero and NEM are each of the level of half-a-dash.
No, the alt coin market is much less monopolized than was the crypto market when bitcoin was still the monopolist.
The "leader of alt coins" has only 50% of the alt market share, while bitcoin has been, until recently a few months ago, essentially been above 80% of the market cap of crypto.
The market is becoming much, much more diversified.
And all the better for the entire crypto market. I've only been an accidental diversifier, but am glad for my modest hodlings of the three alts I've always considered to be part the "Big Four", ETH, LTC, DOGE.
None have seen the spectacular peaks some alts have experienced these weeks and months, but I'm perhaps more comfortable with the steady growth.
Whatever may be causing the rise of altcoins, it is good for all. Even for Bitcoin. Because after all it is all crypto. Anything good for crypto is good for Bitcoin as well, as it establishes user trust in the system.
As quoted the altcoins growth is a good thing for the entire crypto community who are into real use of bitcoin and altcoins. Though altcoins have not got much usage same as bitcoin, the trading platforms of altcoins help in making a better profiting and invest into bitcoin.
I think this is getting better for the market because back in the days when i was trading altcoin, i'm always afraid to touch any kind of altcoin when the price of bitcoin is getting higher because i always think that the altcoin will go down but now it is not, they are both rising and i don't know what is the reason but i think the altcoin market is getting enough investors to maintain the price of their coin.
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