The replies in this thread just shows how many scammers there are in the alt space. Everyone and their mom knows alts crater when BTC goes on a bull run, yet you have all these fraudsters posting in this thread pretending the opposite happens. Notice they all have paid sig ads too.
You don't even need a long memory to know it. It was only a few months ago when BTC was rising and every single coin on Bologniex would be in the double digit deep red. The coins with the biggest recent rises like Eth will crater the most as people attempt to momentum trade the new bull market. You might have an entire two months before it happens, but it could happen any second.
Not here to argue with you but while you may be right about some alts, anyone able to click on a chart on coinmarketcap can see that many alts have in fact risen along with bitcoin. Yes, when there are large spikes in bitcoins price many people liquidate their alts to get into Bitcoin but there is usually an upward trend that follows shortly thereafter.
I see this market as becoming increasingly difficult to predict.
We are seeing unprecedented amounts of capital flowing in. I don't think the logic that for alts to rise in value Bitcoin must fall or vice versa really applies to the future of cryptocurrency. I'm not saying that there is unlimited wealth but I do believe that the current market for alts and bitcoin are in their infancy and we are just getting started. The market is minuscule in the grand scheme of things (the global economy). This may cause us to view things myopically.
I do agree that we will likely see a dip leading up to the halving and shortly thereafter, I just don't think it spells doom for alts.
Bullshit.
Fair enough.
I was referring to the daily trading volume since the OP was talking about value of coins. I wasn't referring to capital investments in projects. Are you saying that it is bullshit to say there is more trading volume then in past years?
No fucking way man ..your bat-shit crazy LOL
Jeezuz fucking mother of christ were you even here during late 2013 or what ?
No.. not even.
Not even close buddy.. nice try though but your assertion is pure unfiltered dig shit.
And i replied back to you here because i have seen a few guys parade this crap around here before.
They basically try and claim that RIGHT NOW Crypto is shattering records for all time highest user base etc.
..pure bullshit.Backed up with ZERO facts.
Sorry buddy but you brought this on your self
and now you leave me no choice (after posting your 2nd reply)
You made me do this
Where in any of my statements was I claiming a "all time highest user base"? I am talking about trading VOLUME. Shit, I don't deny that it could be pumpers bots accounting for much of it. Also, I asked you an honest question and you responded as if it was an assertion. If you have FACTS to back up YOUR assertions, then please share them. That is what I was inviting you to do. Have you been screened for Asperger's by any chance?
Edit: Here you go, have fun manipulating this data. I am sure you will find a way to spin things to satisfy your argument. But guess what? It won't matter because despite what you think, people have brains and can see the statistics themselves. And don't ask me to create a spreadsheet. Click through the dates yourself.
https://coinmarketcap.com/historical/Despite this, I really don't assert that this means a damn thing. I was merely bringing it up as a factor in predicting the market trend for alts. Nothing more, nothing less.
Volume does not prove that.
Volume -IS- heavily manipulated by the IPO creators and quick pump & dump profiteers.
What is happening is happening CoinMarketCap or not..
We all know damn well what happens and it happened with ETH for example.
It was launched and before anyone heard the massive spam campaign a mysterious
individual or individuals were buying 1 million dollars worth of this coin ..seconds after launch.
People quickly said it was most likely the guys who made the coin or their friends / associates etc.
A manipulation pump & dump team.
Which is the norm in crypto..
Dev's buying their own coins is common practice which WOULD show in VOLUME stats.
Each time the crew who creates a NEW IPO is actually a whole new massive amount of users?
..bringing in fresh new money?
Sorry but no one is going to believe you.
And that is what you said ...i highlighted it in 50 point font
EDIT:
I don't buy into ANY of what you said earlier sorry.
I don't think you have a clue what your talking about.
EDIT2:
Andy you are being dishonest.
Since you registered here NOV 2013 you WOULD have seen the mighty explosion in Altcoins.
YOU were a part of that wave that showed up here.. late!
I started before you when it was still quiet..
You can not sit there and say crap like what i quoted and that "it's just getting started" etc
Because it's not.. it's been in non stop decline since the day you got here.
Compare ANY aspect of the Altcoin scene to NOW and it's a done argument.
People read what he said carefully i quoted
I think all he is doing is trying to protect his bags by posting things that are not true.
"Unprecedented" my fucking ass! hahahha