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Topic: Altcoins rising - page 4. (Read 5145 times)

hero member
Activity: 1120
Merit: 553
Filipino Translator 🇵🇭
April 30, 2017, 11:53:55 PM
#27
Compare to bitcoin alt coins is so tiny to compare to the success of bitcoin from a thousand dollar price compare to almost nothing price of alt coins but we know that there are some alt coins that has a value  but still a long run to a thousan dollar bitcoin.
If you look at the price of the major alt coins it has changed drastically in the past few months and if the price could hold firmly for a while then it is a good thing and you could compare it as an asset without a second thought,never thought that we could see a rally in all of the major alt coin market but we saw it happening and will continue to rise if the bubble does not burst.
It is so unusual that altcoin rises as bitcoin pumps yet it's possible since most of investors are taking look of altcoins nowadays thus bitcoin doesn't affect altcoin's price negatively. We should expect good things in altcoins since it's being introduce to investors that would really help to expand the volume in trading in digital currency.
hero member
Activity: 518
Merit: 500
April 30, 2017, 11:39:33 PM
#26
Compare to bitcoin alt coins is so tiny to compare to the success of bitcoin from a thousand dollar price compare to almost nothing price of alt coins but we know that there are some alt coins that has a value  but still a long run to a thousan dollar bitcoin.
Yep, still needs long time for altcoins to become is like bitcoin and bitcoin is still number one on capitalization of markets
but without altcoins, i am not sure still there is comunity of digital coins
that be active on digital coins especially the traders (a little traders) who take profit from trading because if trading bitcoin
to fiat will take big capital and it is not good for small traders.
sr. member
Activity: 291
Merit: 250
April 30, 2017, 11:29:29 PM
#25
Compare to bitcoin alt coins is so tiny to compare to the success of bitcoin from a thousand dollar price compare to almost nothing price of alt coins but we know that there are some alt coins that has a value  but still a long run to a thousan dollar bitcoin.
If you look at the price of the major alt coins it has changed drastically in the past few months and if the price could hold firmly for a while then it is a good thing and you could compare it as an asset without a second thought,never thought that we could see a rally in all of the major alt coin market but we saw it happening and will continue to rise if the bubble does not burst.
hero member
Activity: 560
Merit: 500
April 30, 2017, 11:24:30 PM
#24
I think the argument there is that a rising tide lifts all boats, so the profits from altcoins may not last, and once they don't, the traders may pour into Bitcoin.
Profits from altcoins really don't last so it is wise to convert into bitcoin once in a while if one bought altcoin at a low price to get profit weeks or months ago. I think this altcoin rising pace will end soon specially now that btc is rising too. Many might think of pouring their investments onto bitcoin to profit more thus might be the reason for the end of altcoin rising in weeks to come and bitcoin will remain dominant.
sr. member
Activity: 518
Merit: 250
April 30, 2017, 11:07:13 PM
#23
Compare to bitcoin alt coins is so tiny to compare to the success of bitcoin from a thousand dollar price compare to almost nothing price of alt coins but we know that there are some alt coins that has a value  but still a long run to a thousan dollar bitcoin.
legendary
Activity: 1218
Merit: 1007
April 30, 2017, 10:39:22 PM
#22
The alt coin bubble is going to end badly for people. I just hope that money flows into Bitcoin  Cheesy

It will be a bloodbath for sure, get youre popcorn ready my bullish Bitcoin friend, alot of that money will flow into Bitcoin.
>total market cap for all cryptos is now at $37.3B

I'm starting to think that you're very, very right. I remember when we were at the sub $20B, being up at $37B with nothing to pump any of these alts and having none of them actual produce any sort of value scares me to be honest.

This entire market looks like a giant bubble ready to bust, and it all looks like Bitfinex started the bubble we see with Bitcoin now (pushing the value +$100 when it shouldn't have, and exchanges follow suit) and then everyone suddenly decided to dump everything into alts to make ez profits.

If this market isn't a bubble then I'm no longer comfortable looking at the markets anymore. It seems to big for its own good and too much money is flowing based entirely off of speculation. We're going to have a brutal, brutal collapse. Maybe a 2008 of cryptos?
sr. member
Activity: 1666
Merit: 276
Vave.com - Crypto Casino
April 30, 2017, 10:36:40 PM
#21
The alt coin bubble is going to end badly for people. I just hope that money flows into Bitcoin  Cheesy

It will be a bloodbath for sure, get youre popcorn ready my bullish Bitcoin friend, alot of that money will flow into Bitcoin.
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. All that's required is the spreading that makes more users which makes it grow effective.
legendary
Activity: 1386
Merit: 1045
April 30, 2017, 10:34:41 PM
#20
I think the scaling debate is more than a little relevant.  It's the main reason why bitcoin is losing.

the reason bitcoin is losing is because there's more dollars to be made with alts at this moment in time. the scaling thing is a convenient reason to haul people into fuelling the pumps but that's about it. i think people are more coin agnostic than we like to think if more profit is available.
I think the argument there is that a rising tide lifts all boats, so the profits from altcoins may not last, and once they don't, the traders may pour into Bitcoin.
legendary
Activity: 3463
Merit: 4429
April 30, 2017, 10:30:06 PM
#19
The alt coin bubble is going to end badly for people. I just hope that money flows into Bitcoin  Cheesy

It will be a bloodbath for sure, get youre popcorn ready my bullish Bitcoin friend, alot of that money will flow into Bitcoin.
legendary
Activity: 1218
Merit: 1007
April 30, 2017, 10:23:56 PM
#18
I think the scaling debate is more than a little relevant.  It's the main reason why bitcoin is losing.

the reason bitcoin is losing is because there's more dollars to be made with alts at this moment in time. the scaling thing is a convenient reason to haul people into fuelling the pumps but that's about it. i think people are more coin agnostic than we like to think if more profit is available.
Looking at this I can say that this is accurate with 85% certainty. I browse various investment forums and right now everyone is talking about cryptos, but absolutely none of them talk about Bitcoin, and next to none talk about ETH. It's always about pumping the shitcoins and making money off of bagholders.

The reasoning? You're never going to see a single-day 35%+ pump in Bitcoin, and you'll never have a good quantity of Bitcoin to really make a lot off of a rise like that.

It is entirely based off of profits to be made now. To them, Bitcoin is now a means to an end. And I can't blame them.
sr. member
Activity: 277
Merit: 250
April 30, 2017, 10:06:30 PM
#17
1. There's no real altcoin's capitalization. Vermin holding 90% of desh and eht makes an artificial indication, a bubble, when he tries to fix his profit in real money (bitcoin) all this shit dumps at the speed of light.

2. Notice, As usial, BTU shills cheer for alt (evidence that they are foe to bitcoin) and why all this drama about bigger blocks, they actually don't want bigger blocks, they just want to hinder bitcoin by creating some FUD and fuss.
legendary
Activity: 3416
Merit: 1142
Ιntergalactic Conciliator
April 30, 2017, 09:51:36 PM
#16



stop this ridiculous no clue discussion. Bitcoin still works great and is very cheap to transfer money. and bitcoin is the only that have a real use in real economy.

How about you stop with this ridiculous stick-your-head-in-the-sand ostrich mentality that Bitcoin doesn't have competition and can't be overtaken.  It's
an arrogant, cavalier, complacent attitude.  

I'm for awareness and vigilance.  Anything else is foolhardy, especially when the data is right in front of our face that Altcoins are rising.

yeah whatever... Tongue
legendary
Activity: 1302
Merit: 1004
Core dev leaves me neg feedback #abuse #political
April 30, 2017, 09:50:08 PM
#15



stop this ridiculous no clue discussion. Bitcoin still works great and is very cheap to transfer money. and bitcoin is the only that have a real use in real economy.

How about you stop with this ridiculous stick-your-head-in-the-sand ostrich mentality that Bitcoin doesn't have competition and can't be overtaken.  It's
an arrogant, cavalier, complacent attitude.  

I'm for awareness and vigilance.  Anything else is foolhardy, especially when the data is right in front of our face that Altcoins are rising.
legendary
Activity: 1288
Merit: 1087
April 30, 2017, 09:48:40 PM
#14
I think the scaling debate is more than a little relevant.  It's the main reason why bitcoin is losing.

the reason bitcoin is losing is because there's more dollars to be made with alts at this moment in time. the scaling thing is a convenient reason to haul people into fuelling the pumps but that's about it. i think people are more coin agnostic than we like to think if more profit is available.
legendary
Activity: 3416
Merit: 1142
Ιntergalactic Conciliator
April 30, 2017, 09:46:19 PM
#13
Can you send money "fiat-to-fiat" with Dash, LTC or ETH from India to Canada, for example, without high fees?
 

I'm sure people are working on projects this very moment to do that.  Do you really think it will be long?

I think the scaling debate is more than a little relevant.  It's the main reason why bitcoin is losing.
Some people are waking up and have urgency, but sadly not enough.  By the time price makes
the poor fundamentals clear of a non-scaling bitcoin, MAJOR damage will have been done.




stop this ridiculous no clue discussion. Bitcoin still works great and is very cheap to transfer money. and bitcoin is the only that have a real use in real economy.
legendary
Activity: 1302
Merit: 1004
Core dev leaves me neg feedback #abuse #political
April 30, 2017, 09:44:11 PM
#12
Can you send money "fiat-to-fiat" with Dash, LTC or ETH from India to Canada, for example, without high fees?
 

I'm sure people are working on projects this very moment to do that.  Do you really think it will be long?

I think the scaling debate is more than a little relevant.  It's the main reason why bitcoin is losing.
Some people are waking up and have urgency, but sadly not enough.  By the time price makes
the poor fundamentals clear of a non-scaling bitcoin, MAJOR damage will have been done.

legendary
Activity: 3906
Merit: 6249
Decentralization Maximalist
April 30, 2017, 09:35:42 PM
#11
Most altcoins - no, almost all altcoins - are technically superior

Not really. Define "technically superior". "Faster" block time? Other algos? PoS? Turing-complete script language? More anonymity? Most of these solutions have disadvantages and that's why Bitcoin doesn't embrace them.

Quote
And BTC is getting lacerated in scaling war, too. Why would a neutral person, who does not know BTC is "the first, the one and only", decide to spend over $1000 on a bitcoin, if a DSH, an LTC, an XMR or an ETH coin is so much cheaper and offers so much faster transactions and functionality?
The scaling war is surely a factor of relevance. However, most altcoins have almost no real functionality because almost nobody uses them as a currency. Can you send money "fiat-to-fiat" with Dash, LTC or ETH from India to Canada, for example, without high fees?

The bubble is the consequence of the speculation on that some day "$ALTCOIN" could be useful and even rival Bitcoin. Most bubbling coins will fall again. Some may not, they may be really useful and a real competition. We don't know.
legendary
Activity: 3416
Merit: 1142
Ιntergalactic Conciliator
April 30, 2017, 09:22:06 PM
#10
who cares? lets celebrate all together Tongue
hero member
Activity: 2282
Merit: 532
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
April 30, 2017, 08:59:18 PM
#9
That's awesome. As said in one of the quote if we get a crazy scenario of ETF approval then what we gonna experience is simply big and well most of the users who have got few numbers of bitcoin into the wallet turns to be an elite member or a man who became elite just because of bitcoin.
legendary
Activity: 1288
Merit: 1087
April 30, 2017, 08:47:05 PM
#8
Most altcoins - no, almost all altcoins - are technically superior

And BTC is getting lacerated in scaling war, too. Why would a neutral person, who does not know BTC is "the first, the one and only", decide to spend over $1000 on a bitcoin, if a DSH, an LTC, an XMR or an ETH coin is so much cheaper and offers so much faster transactions and functionality?


all alts have the luxury of very little use so none of them have a scaling problem and there might be technical problems that are yet to surface. nothing has taken the beating bitcoin has and i wouldn't put any trust into something that hadn't been kicked around for a few years.

yep, there's definitely future potential, but anyone who doesn't think they're in an insane bubble right now needs to step back and remember some history. maybe it'll get bigger but there'll be the correction from hell at some point.

bitcoin's situation is so different to any alt that i don't know why people bother to compare them.
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