bitcoin to $4000 = altcoin market crash - page 4.

basesaw

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Quote from: puvanb on August 12, 2017, 10:56:10 PM

I feel somewhat fishy with the price of btc. Suddenly it is going up and up. This actually reminds me of gold price manipulation starting 2005. 5 big firms including lehmann brothers were slowly increasing the price continously back then. These increase arent normal. Be careful with your decision at this point. It would be best to hold on to your btc then sell them high.

few days back I was reading somewhere and it stated if btc doesnt go above 3.5k it will be then down trend. suddenly its above 3.5k. then I read it might touch 4k and now its in the 4k. Now I read it will touch 5k. God knows who is playing this game. Just dont get butthurt.

For me it was the demand since bitcoin goes $4000 now. many people are now being interested on bitcoin since it was now quadruple in price since january 2017. Many people are now believing on bitcoin since it was the future fiat plus the segwit has now locked-in.

noictib

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One of the world's leading Bitcoin-powered casinos

Quote from: Leonard2016 on August 12, 2017, 10:29:49 PM

what do you think about that ?

so far whenever bitcoin price goes up, most of the altcoins (specially the top 10 alts) get dumped pretty hard.

and it has already happened, with bitcoin over $4000 everything is in red again.

I don't think this is crash like anything because here thr main factor of the excitement of increasing price .
Here if you figure something throughout then you will found that the price is changing from end to end with the bitcoin rise or dump .
Suppose you have any coin at at price 0.01btc/coin then after increase the price of the bitcoin , the price of the coin became down but if you will sell that coin for the btc and then sell for the fiat then there will be the value of the money same that you invested earlier .
So we need just change our mentality no to think anything much about and keep calm and hold btc and altcoin to get better profit in future Cool

Soutogu

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Just wait a few hours/days and it'll go back to normal, as usual. You also have to realize that while bitcoin grew only a few % during the week, some altcoins had INSANE bull runs - likEe NEO, OMG, IOTA, PAY, among others... Just don't try any fancy trades right now and wait it out (i'd even say that waiting it out in an altcoin you trust right now is better, i dont think bitcoin is gonna surge past 4k that easily and maintain it on the 1st try)

wenzuo

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bitcoin surely suck blood from altcoin, the market cap of btc equal to the total 2-50 behind, as much as to say, its the half of blockchain, so the little wave of btc will cause tide in the whole market

xaxistech

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Bitcoin is pretty high right now, i think it will dump in a few days, it has been rising since it was $2800, so i think there is gonna be a big correction after all this bullish trend ends, as far as i know all the altcoins are in red right now, i am waiting until the market make a correction so i can buy altcoins in that moment and take a short term profit, i dont like to do trading but i wont lose this opportunity.

HalfDeck

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Quote from: Leonard2016 on August 12, 2017, 10:29:49 PM

what do you think about that ?

so far whenever bitcoin price goes up, most of the altcoins (specially the top 10 alts) get dumped pretty hard.

and it has already happened, with bitcoin over $4000 everything is in red again.

Try ask again the reason make the altcoin market dumped to lowest price!

1. Have whales control the price of Bitcoin or not? - Yes, have them, if not have them on market the current price Bitcoin can't reached $4,000.

2. Why most altcoin top 10 in May dumped, even base price in 6-8 months ago? - Just by speculator and trader can't keep their calm and sell all altcoin for going to buy Bitcoin

=> FOMO of Bitcoin and make panic selling Altcoin

Final, what is benefit whales earned from control the price of Bitcoin? I will let you find the answer yourself.

jeraldskie11

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Activity: 1316

Merit: 356

I saw a lot of altcoins now are being down their prices even the top market capitalization list. I think bitcoins' increasing of its price will affect the price of any other cryptocurrency or altcoins. Bitcoin price now is $4000 and I think it is reaching $5000 and it has a big possibility.

QueenOf

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Quote from: Leonard2016 on August 12, 2017, 10:29:49 PM

what do you think about that ?

so far whenever bitcoin price goes up, most of the altcoins (specially the top 10 alts) get dumped pretty hard.

and it has already happened, with bitcoin over $4000 everything is in red again.

Yeah, I guess it's hard to decide whether my alt will be on hold or sell, hoping will be increase to simultaneously, loool may have to wait twice for it and certainly very long. ..
Perhaps you could share your experiences of overcoming it. Cheesy

DylanJones

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Quote from: HippiePyro on August 12, 2017, 10:57:13 PM

Sell it as bit coin or buy tether and wait it out.

Seems there is sudden support for tether, anything folks have heard to inspire this recent increase in mentions here?
Now that we've seen btc pass 4k (and eth grow with it) with no crashes, whatever hands are moving it up, we can only hope it keeps going up. Crashes / dips usually recover better if they fall from a higher point. All for it!

HippiePyro

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A non technical guy in a technical world

Sell it as bit coin or buy tether and wait it out.

puvanb

full member

Activity: 210

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I feel somewhat fishy with the price of btc. Suddenly it is going up and up. This actually reminds me of gold price manipulation starting 2005. 5 big firms including lehmann brothers were slowly increasing the price continously back then. These increase arent normal. Be careful with your decision at this point. It would be best to hold on to your btc then sell them high.

few days back I was reading somewhere and it stated if btc doesnt go above 3.5k it will be then down trend. suddenly its above 3.5k. then I read it might touch 4k and now its in the 4k. Now I read it will touch 5k. God knows who is playing this game. Just dont get butthurt.

Leonard2016

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Activity: 1036

Merit: 520

what do you think about that ?

so far whenever bitcoin price goes up, most of the altcoins (specially the top 10 alts) get dumped pretty hard.

and it has already happened, with bitcoin over $4000 everything is in red again.

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