Topic: Segwit2x effect on Altcoin price (Read 2187 times)
Once we see BTC moon we will see alts moon too
Is there any effect on Altcoin price after 1st Aug becuase of Segwit2x?
There should be any kind of effect on altcoin price after or before august 1. There might be a slight to massive increase on some altcoins because many might want to consider hedging on altcoins, particularly top coins who are not moving a lot or those with a lot of potential to grow more. There might also be a little decrease on some altcoins after that, because people might consider restocking bitcoin back again after the implementation of changes.On the contrary, I observed that all the alts went down when Bitcoin went down. I was also thinking the same way at first. I presumed that if BTC will be turning red, the alts will be turning green because they will divest their BTC to alts. But I was wrong because when BTC was going down, the rest of the alts we also going though red tide. And when BTC recovered, the alts also followed.
It is evident that alts are tied with BTC but stories about SegWith and fork are now more than boring because everything just went fine this process started well and now we can say it will be successful. https://blockchain.info/charts/bip-9-segwit
Price manipulations, pumps and dumps are regular here, so relax and try to use this in yours favor.
Price manipulations, pumps and dumps are regular here, so relax and try to use this in yours favor.
A bunch of uninformed idiots in this thread :-) Don't make your trading decisions based on these posts. Watch the markets closely. Many altcoins are down at the moment because of uncertainty, which is also a great time to buy for others. Either way it goes - never sell in a loss. Wait another week. There's always a healing process.
Is there any effect on Altcoin price after 1st Aug because of Segwit2x?
Is this a serious question?
If so then no - there's no effect on alts, but a funny occurrence may happen if BCC accelerates in price similar to ETC. But since everyone's got this knowledge its probably a booster for alts rather than a downer
Is there any effect on Altcoin price after 1st Aug becuase of Segwit2x?
Segwit2x Will cause division of bitcoin and crash bitcoin to 1800 at least; And this means the fall of Altcoin
Because the price of most Altcoin . Has a direct relationship with bitcoin price
Is there any effect on Altcoin price after 1st Aug becuase of Segwit2x?
Of course, we can see that bitcoin is affecting the entire market, the value of altcoin is proportional to the value of bitcoin, even altcoin is affected more heavily than bitcoin. I bet that altcoin will cut heavily when bitcoin is split.
There will be some that fall, some that will rise above expectations! truth is, there is lots of hot money that is yet to enter the crypto space..
So do you also think that 1st of august will the market cap rise?
If yes what is the percentage you anticipate in the coming future.
is there some kind of "price stabilization" going on...
btc/$, eth/$, ltc/$, iota/$, etc/$ and so on pretty flat last 24 hours
btc/$, eth/$, ltc/$, iota/$, etc/$ and so on pretty flat last 24 hours
There will be some that fall, some that will rise above expectations! truth is, there is lots of hot money that is yet to enter the crypto space..
So do you also think that 1st of august will the market cap rise?
If yes what is the percentage you anticipate in the coming future.
There will be some that fall, some that will rise above expectations! truth is, there is lots of hot money that is yet to enter the crypto space..
So do you also think that 1st of august will the market cap rise?
If yes what is the percentage you anticipate in the coming future.
Is there any effect on Altcoin price after 1st Aug becuase of Segwit2x?
There would be an effect depending on the standing or situation of bitcoin. If bitcoin would decrease its price then people might withdrawn their altcoin to convert it on bitcoin since the price is cheap and this thing would really happen because people see that this is an opportunity on buying cheaper coins which they know that bitcoin will eventually rise up later on. If bitcoins would tend to rise up going to the moon then the same story people will switch to bitcoin to join up the ride. Segwit impacts on Bitcoin cost. Furthermore, Bitcoin value consequences for all altcoins.So it is difficult to state that Segwit won't impact on altcoins. That is the reason the bearish pattern is continuous for all altcoins.It's an ideal opportunity to by altcoins pick the best coin and hold them
So, can i ask you about what is the relationship for the segwit of bitcoin with altcoin? The successful of segwit activation just bring those back to the crypto, i mean for those are cashing out their asset into the fiat. Segwit bring the more users for bitcoin to used it as the base crypto to trade.
=> Trade altcoin is best place and the price of Altcoin will increasing fast when have a huge order buy altcoin when market recovery.
There will be some that fall, some that will rise above expectations! truth is, there is lots of hot money that is yet to enter the crypto space..
Segwit impacts on Bitcoin cost. Furthermore, Bitcoin value consequences for all altcoins.So it is difficult to state that Segwit won't impact on altcoins. That is the reason the bearish pattern is continuous for all altcoins.It's an ideal opportunity to by altcoins pick the best coin and hold them
So, can i ask you about what is the relationship for the segwit of bitcoin with altcoin? The successful of segwit activation just bring those back to the crypto, i mean for those are cashing out their asset into the fiat. Segwit bring the more users for bitcoin to used it as the base crypto to trade.
Segwit impacts on Bitcoin cost. Furthermore, Bitcoin value consequences for all altcoins.So it is difficult to state that Segwit won't impact on altcoins. That is the reason the bearish pattern is continuous for all altcoins.It's an ideal opportunity to by altcoins pick the best coin and hold them
Is there any effect on Altcoin price after 1st Aug becuase of Segwit2x?
There would be some effect on altcoin price after august 1 because of segwit2x, particularly we will see another bloodbath or many altcoins dumping at once after the implementation of changes and I don't think that it will be a good idea to even hedge in altcoins by that time. There will be some unaffected coins by the upcoming fork but the question is what particular coin will it be? The best shot to figure it out is to avoid investing onto top 10 coins, they will probably follow the same track to where btc is heading after the said date.
People talking about top 10 coins , but this might be mistaken, those in between under 100 and 10 on the list are maybe even better opportunities, and should be our main place for investments. BTC SegWIt had already major impact on alts in the second quarter of this year, what do you need more?
This will more likely affect the price of bitcoin and provide a return to the previous levels. Altcoins are unlikely to have the same growth.
BTC goes up alts go up
BTC goes down alts go down
BTC goes down alts go down
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