Topic: Have we hit a dead zone? - page 2. (Read 2231 times)
It seems like retailer adoption has died a bit. Would be good to see this back up to speed again.
probably because of the mt.gox scandal.
if you know maths, this should be easy.
if a alt coins wants to be valued at lets say $1, then if bitcoin goes from $500 to $700 (40% rise) then the altcoin would change from
0.00200000 to then be 0.00142857 to remain at a $1 value
need i explain more?
This isn't true for instance bitcoin was down to 540 while Betacoin went up to 0.00006000 then bitcoin rised and now Bet is at 0.00001300 a very huge drop.if a alt coins wants to be valued at lets say $1, then if bitcoin goes from $500 to $700 (40% rise) then the altcoin would change from
0.00200000 to then be 0.00142857 to remain at a $1 value
need i explain more?
Worldcoin was at .0007 for a while, now sitting at .00012.
When it got down to .0002 I thought "No way, surely it will go back up a little" and here it is approaching .0001. My coins are pretty much worthless.
This "$ value" math doesn't apply all of the time. It applies to Litecoin, some of the time. The rest of the alts almost always go down against BTC when BTC goes down against the dollar. They sort of, double lose. I've seen Litecoin go both ways depending on how the market feels that day.
if you know maths, this should be easy.
if a alt coins wants to be valued at lets say $1, then if bitcoin goes from $500 to $700 (40% rise) then the altcoin would change from
0.00200000 to then be 0.00142857 to remain at a $1 value
need i explain more?
This isn't true for instance bitcoin was down to 540 while Betacoin went up to 0.00006000 then bitcoin rised and now Bet is at 0.00001300 a very huge drop. if a alt coins wants to be valued at lets say $1, then if bitcoin goes from $500 to $700 (40% rise) then the altcoin would change from
0.00200000 to then be 0.00142857 to remain at a $1 value
need i explain more?
It just seems like it's losing it's momentum.
Don't worry. It's normal. We've been here every 6 months since the start. People are busy building things.
if you know maths, this should be easy.
if a alt coins wants to be valued at lets say $1, then if bitcoin goes from $500 to $700 (40% rise) then the altcoin would change from
0.00200000 to then be 0.00142857 to remain at a $1 value
need i explain more?
if a alt coins wants to be valued at lets say $1, then if bitcoin goes from $500 to $700 (40% rise) then the altcoin would change from
0.00200000 to then be 0.00142857 to remain at a $1 value
need i explain more?
I am not just referring to BTC if you look on the trading sites it seems that all the alt currencies have taken a major dive in the last week.
Well the exchanges/trading sites haven't instilled much confidence lately. People need to buildup trust again. Give it time.
I'm guessing you got into the game in December/January and have a bunch of $1000 Bitcoins sitting around.
I am not just referring to BTC if you look on the trading sites it seems that all the alt currencies have taken a major dive in the last week.
Have we hit a dead period it seems like everything is quite on all crypto currencies all of them seem to be going down on the trading sites.
No.
https://bitcoinaverage.com/charts.htm#EUR-averages-1w
It just seems like it's losing it's momentum.
Have we hit a dead period it seems like everything is quite on all crypto currencies all of them seem to be going down on the trading sites. Any idea if they will increase if so when?
I wouldnt exactly call things quite at the miniute
Have we hit a dead period it seems like everything is quite on all crypto currencies all of them seem to be going down on the trading sites. Any idea if they will increase if so when?
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