Pages:
Author

Topic: Has the btc to alts migration started? (Read 700 times)

full member
Activity: 266
Merit: 100
Prontapay
November 07, 2017, 02:22:04 PM
#26
Really need some fresh air for alts.Want to cry when checking my holdings.Some of them are good projects,and even with new releases and etc,cant hold or earn some value,because of this btc jump
member
Activity: 130
Merit: 14
November 07, 2017, 01:54:52 PM
#25
Sell all alts now and buy them back cheaper just before the fork. Or enjoy the fork with your btc.

member
Activity: 112
Merit: 10
November 07, 2017, 11:11:51 AM
#24
Yeah, slowly but steady the incoming fork is happening and people start to realize that BTC will lose some value, which is expected considering it doubled it's value in a matter of months. That is good of course because altcoins will get some well deserved breathing room, which they really need. It's not only BTC that is driving the blockchain sector but many altcoins as well, and in the future we'll see more and more altcoins increasing in value in comparison to BTC. BTC is good but the migration to altcoins is essential for the long-term sustainability of the blockchain.
full member
Activity: 163
Merit: 100
November 07, 2017, 10:56:55 AM
#23
You should wait for segwit2x to end and the bitcoin price can fluctuate up and down but bitcoin will not go down so fast. Altcoin is recovering as you say but it will return to its original price when the bitcoin increases. We should wait for the fork to end when the bitcoin has a real price adjustment
sr. member
Activity: 475
Merit: 251
VTOS
November 07, 2017, 09:59:16 AM
#22
I don't think so... Altcoin migration will start right before fork day, possible 2-3 days before even. There won't be golden age of altcoins but I think we are gonna very bullish market couple of months.
member
Activity: 73
Merit: 10
November 07, 2017, 07:16:28 AM
#21
There will be no migration to alts. There are too many alts, so any move will not make much difference. Alts golden age is finished.
newbie
Activity: 36
Merit: 0
November 07, 2017, 07:08:48 AM
#20
Thank you for your interesting point of view!
hero member
Activity: 560
Merit: 500
November 07, 2017, 06:07:08 AM
#19
Today btc is going down and a lot of alts are rising. Do you think it will be a trend also in the next days? I imagined that would happen after the 2x day. Thank you
I don't think that btc to alts migration has not started yet. I also don't think that this trend would continue in the next few weeks. Still, I know the much awaited alts bullish market comeback is soon to happen. If not by December, it will happen by the early 2018 and the much anticipated btc's continuous bearish trend might also be seen soon. Still, it would be wise if one starts to enjoy the current altcoin pumps that have happened.
hero member
Activity: 812
Merit: 509
November 07, 2017, 04:22:42 AM
#18
Today btc is going down and a lot of alts are rising. Do you think it will be a trend also in the next days? I imagined that would happen after the 2x day. Thank you

I think that tomorrow we'll see another great day for altcoin. Then afterwards after bitcoin's correction is over, probably in a week's time, we'll see alts again bouncing back off to its pre-pump level or even lower just before the 2x fork.

Things are unpredictable right now and it's hard to see what exactly will happen in the future.

But yes, migration has happened today, leading the way is Monero and singulardvt.
full member
Activity: 658
Merit: 108
November 07, 2017, 04:21:02 AM
#17
I expect Bitcoin to stay around all-time highs until the upcoming fork (around 16. November). However, after-fork situation could prove second part of your post - migration to altcoins. Due to increased uncertainity about Bitcoin blockchain, price of altcoin could pump. Anyways I guess there is second wave of altcoin speculative investments similar to spring 2017 ahead of us. 
hero member
Activity: 811
Merit: 512
Enhalo Mining
November 07, 2017, 03:48:38 AM
#16
Today btc is going down and a lot of alts are rising. Do you think it will be a trend also in the next days? I imagined that would happen after the 2x day. Thank you

I would not say there has been an actual migration so far. Maybe some one just convert their BTC into fiat currencies because of BTC high price. Nothing so strange although the could be a fork when people can get new coins for free. But many maybe just wanna realize now because they need money.
BTC dominance is still high, although not as high as it was one year ago...
sr. member
Activity: 812
Merit: 253
November 07, 2017, 03:29:22 AM
#15
Bitcoin might be cecreasing at this point but it hasn't gone down that far yet. But there are some who have already bought altcoins and are starting to profit a little from their investment when Bitcoin was so high. I'll just wait and see how far Bitcoin goes down though.
full member
Activity: 462
Merit: 100
November 07, 2017, 02:03:03 AM
#14
Bitcoin is not decreasing at all, but in the following days, that scenerio will high likely to happen. Bitcoin must lose some blood, time is coming.
full member
Activity: 1750
Merit: 118
November 07, 2017, 01:50:27 AM
#13
Today btc is going down and a lot of alts are rising. Do you think it will be a trend also in the next days? I imagined that would happen after the 2x day. Thank you

i think no, as i see bitcoin is still on its high and altcoins are still down yet people arent still selling and dumping their bitcoin because the fork has not yet started  and i belive bitcoin can still reach a new all time high by next week although  people nowadays are packing up thier bags with alts  as much as they can because probably alts will have a good comeback soon.
sr. member
Activity: 322
Merit: 250
"Highest ROI crypto infrastructure"
November 07, 2017, 01:44:34 AM
#12
Very possible. Last time fork happened 2 days earlier than online countdown timer and the pump/dump was 1 days before the fork. So putting perspective, we are really near to the correction now.

There is a chance btc will up this week but I don't think alt coins will go down. Most seems to have bottomed. People start to realize that they won't make much from the fork start buying alt coins now.
jr. member
Activity: 52
Merit: 2
November 07, 2017, 01:25:29 AM
#11
Very possible. Last time fork happened 2 days earlier than online countdown timer and the pump/dump was 1 days before the fork. So putting perspective, we are really near to the correction now.
hero member
Activity: 868
Merit: 500
November 07, 2017, 01:21:06 AM
#10
I think BTC will hit new highs before the year runs out, so to your question NO, it has not started but we can't prevent the inevitable because BTC money will eventually find its way into Altcoins again
full member
Activity: 196
Merit: 103
November 07, 2017, 12:54:23 AM
#9
Today btc is going down and a lot of alts are rising. Do you think it will be a trend also in the next days? I imagined that would happen after the 2x day. Thank you

We need to wait for price reversal signs.

Although there is a high chance now that btc price will fall in to 6100 USD price.

However, That is only a correction and btc price might get another high when thats happens.

For me its a good time to buy altcoin. but remember choose a stable altcoin not a shitty one. good luck  Wink
hero member
Activity: 1834
Merit: 759
November 06, 2017, 10:50:44 PM
#8
Nah. The recent drops could be attributed to the normal Bitcoin price fluctuation. We're floating just above $7000, and I haven't seen it deviate from there too wildly.

I don't think people will be migrating their Bitcoins back to alts anytime soon though. The upcoming fork raises the question of which is the true BTC, so I expect people to play safe and hold both while the power struggle is taking place. We can expect alts to rise again once everything gets back to normal.
sr. member
Activity: 700
Merit: 300
November 06, 2017, 10:18:09 PM
#7
There is not much downfall in the bitcoin prices that are recognised currently is major change in the price.

The alts are going up since two days man and at the same time the bitcoin was rising too. This is getting crazy market now where the alts were inversely proportional to bitcoin prices. When it moved up the alts used to go down because people used to withdraw alts for the bitcoin pair. But now a days both of the market are increasing steadily. May be it is start of some good opportunities for us to invest into both the market on equal level and get profits from the both one. But we have to be carefull and lets study the trends for more days and months if required. 

Pages:
Jump to: