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Topic: Reversal is happening.. bitcoin money goes to altcoins! - page 2. (Read 1817 times)

hero member
Activity: 868
Merit: 500
I don't rely thing people are storing up BTC the way it was painted, is just that people are not exchanging their BTC for Altcoins again and since most of these tokens are paired against BTC the price so you need to dump your tokens if you want to get out of your positions
sr. member
Activity: 1680
Merit: 278
NO DOUBT..now it is here... time has come!!! bitcoin dropping..  many of my alts rising hard  (SHIFT, ADX, BQX, BAT, LISK..)
sr. member
Activity: 1554
Merit: 250
Making Smart Money Work
Hi guys.. i am happy to see that the reversal is finally happeninig.. bitcoin is decreasing and money is flowing to my altcoins .. a 12% recovered in a few hours for my diversified portfolio ( 0 bitcoins on it).

good luck to all.. we will meet at ATH of our beloved altcoins again!

do you realize the same¿

It's happening all the time  Wink
Lol that is correct.
I don't know why he is so excited about it.
Bitcoin price go up - altcoin price go down. Bitcoin goes down - altcoin up.
Not exactly, I doubt that there is any correlation between Bitcoin and Altcoins. Usually what I have seen is that when Bitcoin rises, Altcoins experience dip but when bitcoin is able to sustain its growth, altcoin start appreciating too. When Bitcoin falls, there is fall in altcoins as well. They not always surge.

But this time Bitcoin price ridiculously increased which brought whole altcoin market to serious dip. But market will eventually recover after fork. I don't understand why people even jumping to Bitcoin for bitcoin gold which is basically a shit coin and I doubt it gonna have any proper value.

Worst moment than 3 months ago. Most of trader buying BTC for getting bitcoin gold ticket right now, money flow on there. I have been waiting almost 6 months for selling my stellar, bought at 1500 Satoshi.  Grin
I have faith, 2 months later, alt coins recovery time, step by step, and natural growth.
hero member
Activity: 868
Merit: 500
What people suggesting that this is over is not, the real fork is the SegWit2x in November,  BCG just take advantage of the recent BCash fork, no commitment for BCG but there are for Segwit2x, especially from Jihan who is very influential in the space
hero member
Activity: 2086
Merit: 994
Cats on Mars
Hi guys.. i am happy to see that the reversal is finally happeninig.. bitcoin is decreasing and money is flowing to my altcoins .. a 12% recovered in a few hours for my diversified portfolio ( 0 bitcoins on it).

good luck to all.. we will meet at ATH of our beloved altcoins again!

do you realize the same¿
i think it is due to fact that BTC has lowered its price in the last 24h. This is actually pretty normal after BTC reaches a new ATH and a correction happens a few days later. Take it easy, there's nothing to be excited about right now,
But next week could be big, though. Some alt coins might actually see a big increase, or even ATH.
full member
Activity: 233
Merit: 106
The Operating System for DAOs
It is a constant back and forth but yeah with how much dominance btc gained over the past few weeks it only begs to reason that this should happen. I say that but markets often do a FU to the participants and we will see if

this reversal is true or it is a fake breakout before getting smushed harder.
sr. member
Activity: 459
Merit: 250
I think we will see some reversal action after the BTC fork. When the people are going to sell their Bitcoin Gold for BTC, we will see more money into altcoins. That happend also while the last fork Smiley
member
Activity: 72
Merit: 10
This will be a mute conversation for the next 2 days while people load up on Bitcoin in prep of the fork. Curious to see what happens once people dump Bitcoin Gold.
full member
Activity: 394
Merit: 105
What are you saying?

BTC Dominance: 57.9%
full member
Activity: 126
Merit: 100
This is wrong, not much money is going from BTC to alts, it just that BTC feel for like $250 today so automatically the ALT/BTC ratio is increasing and being green. USD value is pretty much the same or lower.
full member
Activity: 177
Merit: 100
In best days you can see 90% of the top100 in green.

Today is just a regular day, not a reversal yet, but I think it will come soon because BTC can not be bullish so much time  Roll Eyes
sr. member
Activity: 924
Merit: 260
When I view trading data at poloneix this afternoon I really find out that bitcoin is actually reducking in price why altcoins is going up most of them above 5% gained. I have seen that, days to come most of them are going to recover significantly and we may need to keep investing in most of them to see them up till end of the year. I have also see that bitcoin will still get pump after this little corrections especially two days before the hardfork.
legendary
Activity: 1288
Merit: 1087
i'm kind of disappointed at how obvious it all is really. my total net worth has been pretty steady for months because a chunk of it is in alts. it's kind of irritating seeing all time highs and not actually getting any richer.
hero member
Activity: 2296
Merit: 953
Temporary forum vacation
Looks like bitcoin took a nice dive, but don't get too excited... that may have been it. Altcoins tend to pump in general when BTC corrects a bit, but the general trendline for bitcoin is still bullish, we may try for newer all time highs and when that happens it will not be pretty again for altcoins. I can't ready the future, but I would take my profits and be in BTC ready for the new ATH attempt.

I am somewhat of the same opinion here, except that I am still waiting and holding all my poor altcoin bags, hoping for the best. But I am definitely putting in new money (fiat) only into Bitcoin until at least one of my alts is in profit (in which case I will take profit and keep it as BTC).

I have suffered a terrible month, after months and months of careful planning and buying wisely. This caught me off so badly I am still shaken from the experience.
member
Activity: 130
Merit: 14
Pumping a little, dumping a little, nothing new.
full member
Activity: 448
Merit: 100
Yes it is really happening 57.9%  Embarrassed I don't think there is a reversal, it may be happen after the fork. Bitcoin ate the whole market. I am too sad1!!! Undecided
newbie
Activity: 39
Merit: 0
Not yet, reversal will happen in december. Till then we will see a lot of bloody rivers!
sr. member
Activity: 1554
Merit: 260
Hi guys.. i am happy to see that the reversal is finally happeninig.. bitcoin is decreasing and money is flowing to my altcoins .. a 12% recovered in a few hours for my diversified portfolio ( 0 bitcoins on it).

good luck to all.. we will meet at ATH of our beloved altcoins again!

do you realize the same¿
This type of situation is constantly occurring, but its size, ups and downs of it, is possible depending on the factors that now occur.
member
Activity: 71
Merit: 10
XLM has been climbing already...expect a massive pump after the 25th when the Bitcoin holders realise the potential! The future is bright for stellar ;-)
full member
Activity: 177
Merit: 100
How do you compare ur altes these days, guys? I mean, BTC is such a beast that all alts seem to be very cheap...buuuut if u look at $, some of them are not that bad.
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