Dont know why so much bully comments for btc?
When i understand right, btc will drop, as a lot of guys hoped for getting a new coin for free for making huge profits, now a lot of money should get into alts like the past few hours? this trend will stay, when chinese wake up, they will flood alts too i think so? and mistake on my thoughts? I think there is some money which will be switched into fiat, a lot of money for alts and big (short time) losses, before the so called "big fishes" will buy btc the next few month
Yeah it's weird, people don't like it when you talk down their favourite coin, but they could just buy alts too, nothing's stopping them.
Obviously BTC will drop some and big alts will surge, a child could see it coming.
Just wondering how much money will be switched into fiat and how much the gains from good old alts like eth, dash, and so on will be.. any case thinking about trading bulling alts / bearing btc
Well Dash, Litecoin and Monero were less than half their recent prices, for two reasons:
1) They were dipping anyway.
2) Money left alts to get 2 possible Bitcoin fork coins.
I would expect Dash to be around 0.08-0.09 within 3-6 weeks, Monero 0.03, LTC to be 0.016-0.018. Eth is tricky because of problems and infinite supply.
This is all guesswork but an educated guess. No-one knows the future but I do trade for living, so make of this what you will.
I wouldn't trade BTC for fiat, I'd trade it for alts, BTC will take a correction but it will come back strong. Just increase your BTC amount by buying alts then trading back to btc later.
I agree with you, but compared with fiat, they have not lost so much, so although they lost calculated in btc, we are on a very high level also for alts, so it could happen that some "big player", or a lot of small player realize their profits and you will lose (for a short time) money, even alts will gain related to btc, thats a bit my fear.. nevertheless i think its more likely, that good alts will win a lot (in btc and in fiat), as there should come some big correction on btc chart and money has to be switched and not all members will switch into fiat, so there should be at least 10mrd usd for alts in near future according to my thoughts