ETH, LTC, DASH, XRP -why all so high

Dailyroberts

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Quote from: Sahyadri on December 14, 2017, 12:23:50 AM

While Bitcoin is being stable around $16500 all the other top coins like ETH, DASH, LTC, XRP, BCH, XMR are skyrocketing within a short time.
Does this mean that investors are moving towards the large cap coins ? Which coin have you invested in ?
I had an eye on Ethereum and it has reached $750 while DASH has conquered the $950 . Will both DASH and ETH cross $1000 within this year ?
XRP has crosed $0.5 , will it hit the $1 within this year ? Drop your comments below.

They have undergone pump by the traders. Some money flowed into altcoins causing huge pumps. Then bitcoin took back the wheel once again this weekend. Now we observe another bitcoin pump.

Gotomoon

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Quote from: shirackjs on December 16, 2017, 11:31:33 AM

Recently, there have been many new users joining and investing in crypto. It is normal for the price to rise since the there are more money pumping in.

The reason of more adoption of these coin that it makes price rising up. Those users had believe on these crypto by investing and can earn more income.

brushtooth

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Quote from: and1975 on December 16, 2017, 11:38:58 AM

A lot of people are more interested in the cryptocurrency cuz of a fast spike of BTC this is probably caused a rise in the altcoins.

Many of them were brought in to the market by bitcoin and probably now are looking for alternatives to bitcoin and naturally they fall in to those coins mentioned. Sadly when bitcoin has its next bull run they'll probably struggle again

and1975

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A lot of people are more interested in the cryptocurrency cuz of a fast spike of BTC this is probably caused a rise in the altcoins.

shirackjs

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Recently, there have been many new users joining and investing in crypto. It is normal for the price to rise since the there are more money pumping in.

Ninja Sword

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Quote from: mpufatzis on December 16, 2017, 11:01:56 AM

The prices are so high because new investors are introduced every day and all of them are searching for alternative crypto-currencies.
Imagine, the exchange I use, has every day 50000 new investors, and there are many exchanges worldwide.
These investors are used (from the stock market) to split their stocks/coins to many parts in order to minimize the loss, and so they do.

I fully agree with your opinion, I should add, the Bitcoin is rising and technically the trend is to buy altcoin and sell, for a possible purchase in Bitcoin, look at the graphics, remembering that and my opinion.

mpufatzis

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The prices are so high because new investors are introduced every day and all of them are searching for alternative crypto-currencies.
Imagine, the exchange I use, has every day 50000 new investors, and there are many exchanges worldwide.
These investors are used (from the stock market) to split their stocks/coins to many parts in order to minimize the loss, and so they do.

BitSat

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Quote from: qazgroup on December 15, 2017, 03:21:34 PM

Firstly they are growing because they are the top ones and solid projects, secondly it is great time for crypto market as the market cap is growing rapidly these days bringing in a huge thrust of investments,so the valuable coins are rising.

Yea currently many big names working on few altcoins and investing good amounts just because of this they are rising very quickly Bloomberg is also now adding Ether LTC DASH AND Ripple for index these are very positive things which are working for these coins right now

Borin

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Every days milions tethers are created probably from dust and goes into these coins. Older players remember MT GOX... newest one will be remember tethers Ö

KaliLinux

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Quote from: Sahyadri on December 14, 2017, 12:23:50 AM

While Bitcoin is being stable around $16500 all the other top coins like ETH, DASH, LTC, XRP, BCH, XMR are skyrocketing within a short time.
Does this mean that investors are moving towards the large cap coins ? Which coin have you invested in ?
I had an eye on Ethereum and it has reached $750 while DASH has conquered the $950 . Will both DASH and ETH cross $1000 within this year ?
XRP has crosed $0.5 , will it hit the $1 within this year ? Drop your comments below.

I've been looking for this thread and i was expecting for some analysed report or news from anyone. Becuase who are invested on those altcoins long term may be keenly watching the action or provide a news about respective altcoin may help to correlate the current growth.
Also It is being a top crypto currencies at least for 1 year and it might be increased investors are turned to altcoin to earn at big bump like bitcoin.
I was thinking about to buy XRP to hold for long term but i was not much interested since the price was running on the same level. I will buy few more different coins soon.

Quote from: geo43 on December 15, 2017, 03:28:12 PM

ETH - UBS, Barclays, Credit Suisse launching product on ETH
LTC - Piggybacking off Bitcoin futures trading
XRP - Banks and countries using Ripple to transfer money cross borders

Looks informative. Lets go deep on how are they gonna expand their business in future to buy their coins with much interest
For ripple - It was doing the same from initial. Do you think its a reason for bump.

geo43

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ETH - UBS, Barclays, Credit Suisse launching product on ETH
LTC - Piggybacking off Bitcoin futures trading
XRP - Banks and countries using Ripple to transfer money cross borders

qazgroup

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RiveMont

Firstly they are growing because they are the top ones and solid projects, secondly it is great time for crypto market as the market cap is growing rapidly these days bringing in a huge thrust of investments,so the valuable coins are rising.

martin1603

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I have the same question with you !

el kaka22

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Quote from: allnothing on December 14, 2017, 12:32:43 AM

I think will hight more in 2018

No coin can definitely remain in one position for so long or just get stagnant unless it is not really relevant anymore and investors do not really care about it. In 2018 for sure, so many of the coins will increase in value as long as investors keep kicking in the more.

Lots of people got into the show by buying bitcoins and when they realized there are some other coins that have prospects; they saw it as a good show to try their hands on those ones too. The market though is in a state where everyone is looking for profit right now.

CryptoMadMax

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2017 It's a Crypto Year now!)

cryptomarijuana

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Create Your Decentralized Life

Because theres a lot of rumors about these coins,partnerships with the big companies so they skyrockets fast.

justdimin

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www.Crypto.Games: Multiple coins, multiple games

Quote from: Yarik044 on December 14, 2017, 12:42:44 AM

The growth of cryptocurrencies in December exceeded even their rise in may this year, but we all remember how then the prices went down, everything can not grow forever. I'm waiting for fall to buy coins at low prices.

They have been sleeping for so long, so they really needed that uplift to at least stay on top of their game. In most of these coins, we have really seen some huge percentage increase as most of them has really done well even at the last dying minute of the year and I am really looking forward to what more we are going to see as we keep approaching the new year and in the new year itself.

Probably, now that bitcoin is showing some sign of stabilization for the year, more coins are getting recognized and investors can now clearly see well. Good for those who bought or had some of those coins earlier as they will definitely be swimming in profits right now. it is normal anyway to always see things like this when the boss is resting. Don't be too comfortable though!

Alex_nutis

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Thank you for +Merit

Because all the top coins stood still while bitcoin was flying up. Now, as the market shows, investors are buying the top 15 coins. As soon as the next growth of bitcoin begins, all altcoyins will fall. Most will withdraw money from the altcones to invest in bitcoin again. As for me, I kept the etherium and ripple. Already sold them. Now I hold BTG and BSH. The rest of the top 15 I trade on daily and weekly periods

hasmukh_rawal

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There could be multiple reasons for this. The year is going to end and most of the Altcoins have been bleeding heavily when BTC was skyrocketing.
The alts were dust cheap and whoever bought them at that price would be feeling happy now. Not only ETH, XRP, LTC and DASH but most of the major crypto currencies are going on the tops these days. DASH and ETH could even cross $1000 by the year end. Whenever crypto currencies go high so quickly it gives more probability for them to take a U-turn and dump in prices. There is another possibility that people are pumping alts so that they can take away the profits and start the new year with a huge spike in BTC Cool

This would be like a New Year Bash if it happens.

Vodzy

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On my mind it's NEO and Stratis (big news will coming in this month's). Other alts will have growth too, but this two coins must be on the top.

Topic: ETH, LTC, DASH, XRP -why all so high (Read 460 times)