Altcoins rising - page 5. | Bitcointalksearch.org

leopard2

legendary

Activity: 1372

Merit: 1014

What? You guys live in cave?

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?

I love BTC but being a bit more humble and realistic would be good for Core and BU and all of us. Angry

xypos

sr. member

Activity: 532

Merit: 250

Quote from: FiendCoin on April 30, 2017, 08:09:14 PM

The alt coin bubble is going to end badly for people. I just hope that money flows into Bitcoin Cheesy

For now we can see that the money is running away from the bitcoin, but it is obvious that this funds are going back to our number one cryptocurrency.
The reason is very simple, the altcoins are literally rising too fast, we cannot have such a rises without any consequences on the infrastructure, or at least on the other assets related to cryptocurrencies.
In fact, I expect that many of these most known shitcoins are going to get dumped in next 3-4 months, when people will find out that there is no point in investing at a long-term in something uncertain, when bitcoin gives us such a great opportunity- it doest matter that it is expensive, I would call that as a digital gold- you need to pay a lot to get it right?

Pearls Before Swine

sr. member

Activity: 1190

Merit: 306

Quote from: FiendCoin on April 30, 2017, 08:09:14 PM

The alt coin bubble is going to end badly for people. I just hope that money flows into Bitcoin Cheesy

I hope that's the case, too, and historically it seems to be the pattern. Makes me wonder where all this money is coming from. Could it be cheap margin money because of rock bottom interest rates? Hmmm...

Just wait, the shitcoin bubble will soon pop. There isn't any way in hell prices can stay as high as they are. It's going to work out favorably for bitcoin holders. All others are destined for the poorhouse.

Velkro

legendary

Activity: 2296

Merit: 1014

Quote from: Lauda on April 30, 2017, 07:41:20 PM

The total capitalization increased 400-500% in ~2 months. If this isn't a bubble, then I don't know what is. Imagine a crazy scenario where the ETF appeal gets approved in May.

Bitcoin straight up $2000 at least. Probably a lot more.
That would be good

, next step of bubble.

FiendCoin

sr. member

Activity: 462

Merit: 263

The devil is in the detail.

The alt coin bubble is going to end badly for people. I just hope that money flows into Bitcoin Cheesy

Lauda

legendary

Activity: 2674

Merit: 2965

Terminated.

The total capitalization increased 400-500% in ~2 months. If this isn't a bubble, then I don't know what is. Imagine a crazy scenario where the ETF appeal gets approved in May.

countryfree

legendary

Activity: 3052

Merit: 1047

Your country may be your worst enemy

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.

Topic: Altcoins rising - page 5. (Read 5145 times)