Topic: Has the btc to alts migration started? - page 2. (Read 700 times)
I noticed that. It's good for me, because it means that I get more Bitcoin for my domain names. So far I haven't spent one satoshi, and I hope I can maintain that record for another couple of years.
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
Till last hard fork October 24 bitcoin value and altcoin value changes will correct in the same time but after that whenever bitcoin price rises that altcoin is going down. Today correction in taken on bitcoin.
In next few days again bitcoin value will reach to 7500usd again. So fasten up seat belt to buy the bitcoins.
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
One day won't really change much as of now. We need to see the data over a much longer period of time to come to any conclusions.
In regards to altcoins taking over, it's possible that one day in the future that bitcoin will not be the preferred currency and some other altcoin will prevail. However, it seems as of now, bitcoin is not only the most accessible for people, but that it is being picked up by companies as being offered for payment. This will push bitcoin's price up as it is being supported both as an investment and a currency.
Nearer the start of this year, BTC's dominance in terms of market cap was as high as 85%. Then, with very little increase in actual innovation or interest, alts flew up to a ridiculous extent in comparison with BTC.
There's no reason why they should go back to that place, but considering how rabidly insane some speculators are, it could well happen.
Regardless, alts' market caps tend to fly up much more easily on low volume, which allows manipulation to take over these bubbles, especially in the smaller coins. So the market caps aren't too comparable in the first place.
There's no reason why they should go back to that place, but considering how rabidly insane some speculators are, it could well happen.
Regardless, alts' market caps tend to fly up much more easily on low volume, which allows manipulation to take over these bubbles, especially in the smaller coins. So the market caps aren't too comparable in the first place.
I don't see BTC going down. Actually everything is happening the opposite of what you stated. People will start buying start converting alt to BTC just to earn some free coins. This should continue until the 2X fork. After that only market will tell the scene.
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
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