the really interesting thing is that this is the first time bitcoin has had a truly epic pump since 2013 whereas alts have had absolutely unbelievable pumps repeatedly while bitcoin did absolutely nothing all the way through.
maybe that means something fundamental has changed. everyone expecting an automatic alt pump to follow might be disappointed.
Topic: Bitcoin marching to $5000, any hope to altcoins? (Read 2320 times)
I noticed that while Bitcoin is go up with $3200,3300,3400 and 3500: altcoins are dumping? So if Bitcoin will reached 4000 my altcoins will dump more??
So what will happend to my previous altcoin bags from DCR at 15sats, STEEM at .008 , SC at 600sats.. All of them are -50% down. All of them are bought during Bitcoin correction last May-June 2017
Is there any hope from my bags? Should I sell all my altcoins to Bitcoin?
I appreciate any advice. Thank you
So what will happend to my previous altcoin bags from DCR at 15sats, STEEM at .008 , SC at 600sats.. All of them are -50% down. All of them are bought during Bitcoin correction last May-June 2017
Is there any hope from my bags? Should I sell all my altcoins to Bitcoin?
I appreciate any advice. Thank you
I think you are misreading the situation.
While btc has been slugging along reflecting fund flows into the crypto space in general, some established coins have gone up 3 or 400% in btc terms since August 1st.
Not sure how you interpret this as "altcoins dumping"??
i think yes.
but the good Alt in my research is Ethereum the price is still stable
and the price of Bitcoin now 8/15/2017 is $4300..
still ethereum manage to be stable
https://www.coindesk.com/ethereum-price/
heres the link
but the good Alt in my research is Ethereum the price is still stable
and the price of Bitcoin now 8/15/2017 is $4300..
still ethereum manage to be stable
https://www.coindesk.com/ethereum-price/
heres the link
I noticed that while Bitcoin is go up with $3200,3300,3400 and 3500: altcoins are dumping? So if Bitcoin will reached 4000 my altcoins will dump more??
So what will happend to my previous altcoin bags from DCR at 15sats, STEEM at .008 , SC at 600sats.. All of them are -50% down. All of them are bought during Bitcoin correction last May-June 2017
Is there any hope from my bags? Should I sell all my altcoins to Bitcoin?
I appreciate any advice. Thank you
I think that alts still have a future let's just wait till the alts pump up,So what will happend to my previous altcoin bags from DCR at 15sats, STEEM at .008 , SC at 600sats.. All of them are -50% down. All of them are bought during Bitcoin correction last May-June 2017
Is there any hope from my bags? Should I sell all my altcoins to Bitcoin?
I appreciate any advice. Thank you
But for now lets enjoy the bitcoin price pumping high to the sky and hope that the alts would be pump too.
I think there will be huge crash or correction, bitcoin is now $4000 but in a few weeks it might be $3000 or even $2000.
I would actually be buying altcoins if the price of BTC was inflated and the price of altcoins deflated. Once BTC calms down a little bit altcoins will spring up like when a big brother jumps on the trampoline as the little brother is about to go up.
Many alts are pumping nicely while others are flat or down smallish. BTC is not going to stop
any time soon and most alts will follow it UP.
any time soon and most alts will follow it UP.
BTC going up should mean most altcoins will go up to.
Bitcoin may touch $5000 before the end of this year and many altcoins may also take the part of bitcoin very soon. I will advise you oP to keep your coins as during bitcoin correct you can easily sell them for profit. You should follow the history on how this market work and you will understand that holding your steem and others coins is better when bitcoin is going up.
In general alts fall faster than BTC but rise faster too. There is often some delay though, and a surge in BTC will be followed by a surge in alts. My advice is to hold your alts.
This pattern has proven to be true in recent months. But the question is how much these alts will be able to follow the Bitcoin's performance. For altcoins it is more difficult, since speculation is the biggest usecase of 99% of them.
I think if bitcoin price increase many altcoins also increase because altcoin is part of the bitcoin . Altcoins price depends also bitcoin price . If bitcoin price reach 5000 dollars for sure many altcoins increase like waves and ethereum because that coin have big potential to increase in the future. But it depends also in the demand in the market. If the altcoins dump or increase.
I noticed that while Bitcoin is go up with $3200,3300,3400 and 3500: altcoins are dumping? So if Bitcoin will reached 4000 my altcoins will dump more??
So what will happend to my previous altcoin bags from DCR at 15sats, STEEM at .008 , SC at 600sats.. All of them are -50% down. All of them are bought during Bitcoin correction last May-June 2017
Is there any hope from my bags? Should I sell all my altcoins to Bitcoin?
I appreciate any advice. Thank you
I would not necessarily sell off my alt coins when it is going down,if there is no hurry then it is good to hold the coins for a longer time because it will recover in due time,the price of bitcoin is rising by the minute and it has crossed $4000 and is now coming down a bit as i type this,i hope it will take some time to breach $4000 ,never sell at a loss. So what will happend to my previous altcoin bags from DCR at 15sats, STEEM at .008 , SC at 600sats.. All of them are -50% down. All of them are bought during Bitcoin correction last May-June 2017
Is there any hope from my bags? Should I sell all my altcoins to Bitcoin?
I appreciate any advice. Thank you
I think that BTC will reach $5K by the end of the year, but don't alt coins usually rise in proportion to Bitcoin?
BTC growth is good for all alt-coins in the long run, as soon as btc stablises in price, alts will recover.
Man all my alt coins r going down in value I'm getting murdered
I think that bitcoin will not go to 5000$ i predict even bigger price because bitcoin will be accepted in many countries so i expect maybe even 6000-7000$ but who knows what will happent.
i think the altcoin named AICOIN have good chances to go to the moon!!!!quickly go high and make x2 or x3
Yes Bitcoin is dominating 50% of cryptocurrency market but we can't say anything about any coin.Bitcoin is father of every altcoin,because its first blockchain currency and now more than 5000 altcoin market.Lots of coin get daily launching.I think new projects are coming with different approch. Developers, high tech professionals etc are collecting crowd funding for development of their projects.In return giving coins whose value depends upon development of project.If project work well then coin too but there is a high risk behind every new project.This kind of case is not with Bitcoin which is pure cryptocurrency.
Usually when bitcoin goes on a bullrun it is a good opportunity to buy various altcoins, but this time around altcoins (some better than others) are holding strong and some are even on bullruns themselves. I agree when someone else said the game is changing, as bitcoin comes more into the financial spotlight people will also pay attention to alts as an investment opportunity.
Guys thank you for answering my doubts and trouble. Okay, I keep HODL my existing coins, I will hope that all of my bags will rise one of these days. Thanks for explaining the workflow of altcoin and bitcoin.
Will there be another Bitcoin correction before hitting $4000? Are we going to land again to 2800usd?
Will there be another Bitcoin correction before hitting $4000? Are we going to land again to 2800usd?
probably bitcoin will make correction to 3400 but i dont think 2800
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