The altcoins have started moving.. - page 3.

NorrisK

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Quote from: maokoto on October 30, 2015, 07:56:28 AM

I was going to dump some litecoins I have earned these last days. From the posts here, seems like it would be a good strategy to hold them, right?

They only went back to the level they were before bitcoin exploded. The ratio to btc is back to normal again. Couls remain stable, but i dont see a certain increase coming up.

And they have lost a percentage already, It's everybodies guess at this point.

maokoto

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I was going to dump some litecoins I have earned these last days. From the posts here, seems like it would be a good strategy to hold them, right?

eyeknock

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Quote from: crazyivan on October 30, 2015, 02:17:47 AM

Quote from: spazzdla on October 29, 2015, 05:14:05 PM

This entire run they haven't moved... any opinions on if this will do anything to the BTC price?

The usual cycle, first weak hands sell to get as much BTC as possible, then, when BTC price increases enough, alts start getting pumped cause ordinary people cannot afford BTC and buy the next best thing. Buy high volume alts, you ll profit on them within a year.

yep and this is not the first time that this happened, people should start to realize that this is the mission of the alts, bitcoin is the only one currency that's really matter yes? Tongue

crazyivan

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Quote from: DoubleMyBitcoins on October 30, 2015, 04:10:16 AM

yes I believe that one day nearly all alt coins (of today) will even be as high as bitcoin...

Not even close. Only few, the most interesting/innovative and the ones with highest volume will survive. People do like diversity but 1000 clones of the same thing will not be able to coexist.

vervolioman

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Few coins have moved, litcoin, eth and dash looks like it is coming back but yeh not many have moved.

Quote from: DoubleMyBitcoins on October 30, 2015, 04:10:16 AM

yes I believe that one day nearly all alt coins (of today) will even be as high as bitcoin...

DoubleMyBitcoins

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yes I believe that one day nearly all alt coins (of today) will even be as high as bitcoin...

Denker

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Quote from: christycalhoun on October 30, 2015, 03:14:09 AM

Quote from: crazyivan on October 30, 2015, 02:17:47 AM

Quote from: spazzdla on October 29, 2015, 05:14:05 PM

This entire run they haven't moved... any opinions on if this will do anything to the BTC price?

The usual cycle, first weak hands sell to get as much BTC as possible, then, when BTC price increases enough, alts start getting pumped cause ordinary people cannot afford BTC and buy the next best thing. Buy high volume alts, you ll profit on them within a year.

Yup, this happened during the boom in 2013. Anyone else remember the $15+ Litecoins? hahaha

Litecoin was more than $30 around that time.
If this thing repeats, and I believe it will, there is still much room for Litecoin too increase.

cjmoles

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Yes!...Today, many of the alts started moving because bitcoin's price increased causing the alts to become more valuable. In turn, the alts were accountable for much of the volume of bitcoin because people need bitcoin to purchase and trade the alts, thereby driving up the price of Bitcoin....smile....I love it!

NorrisK

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Quote from: christycalhoun on October 30, 2015, 03:14:09 AM

Quote from: crazyivan on October 30, 2015, 02:17:47 AM

Quote from: spazzdla on October 29, 2015, 05:14:05 PM

This entire run they haven't moved... any opinions on if this will do anything to the BTC price?

The usual cycle, first weak hands sell to get as much BTC as possible, then, when BTC price increases enough, alts start getting pumped cause ordinary people cannot afford BTC and buy the next best thing. Buy high volume alts, you ll profit on them within a year.

Yup, this happened during the boom in 2013. Anyone else remember the $15+ Litecoins? hahaha

15+? 30+ you mean :p it skyrocketed after 15 indeed but it also managed to hold the low 20 range reasonably well after the pump to 50.

Even NMC hit 15 USD briefly at that time.

Those were the days! If stuff like that happens again, I'm a happy man with my improved ltc holdings since 2013.

christycalhoun

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Quote from: crazyivan on October 30, 2015, 02:17:47 AM

Quote from: spazzdla on October 29, 2015, 05:14:05 PM

This entire run they haven't moved... any opinions on if this will do anything to the BTC price?

The usual cycle, first weak hands sell to get as much BTC as possible, then, when BTC price increases enough, alts start getting pumped cause ordinary people cannot afford BTC and buy the next best thing. Buy high volume alts, you ll profit on them within a year.

Yup, this happened during the boom in 2013. Anyone else remember the $15+ Litecoins? hahaha

NorrisK

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Quote from: crazyivan on October 30, 2015, 02:17:47 AM

Quote from: spazzdla on October 29, 2015, 05:14:05 PM

This entire run they haven't moved... any opinions on if this will do anything to the BTC price?

The usual cycle, first weak hands sell to get as much BTC as possible, then, when BTC price increases enough, alts start getting pumped cause ordinary people cannot afford BTC and buy the next best thing. Buy high volume alts, you ll profit on them within a year.

Agree, especially LTC and NMC have a good potential to make you 2 or 3 times your investment (look at historical graphs and you see some nice runs for both of them, usually together).

They can move much faster as well, due to the relatively lower volume and sell walls that are present on them.

crazyivan

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Quote from: spazzdla on October 29, 2015, 05:14:05 PM

This entire run they haven't moved... any opinions on if this will do anything to the BTC price?

The usual cycle, first weak hands sell to get as much BTC as possible, then, when BTC price increases enough, alts start getting pumped cause ordinary people cannot afford BTC and buy the next best thing. Buy high volume alts, you ll profit on them within a year.

franky1

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the answer is much simpler..

the exchanges that handle the hundreds of alts.. dont handle dollar..
the exchanges that handle dollar only handle a few alts. like litecoin.

any exception to this are exchanges where the volume has little impact on the entire pricing average.

so dont expect large movements due to alts, as the ripple in the pond effect doesnt spread that far without there being a big splash

pawel7777

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Quote from: CoinsCasa on October 29, 2015, 05:28:23 PM

Quote from: 7788bitcoin on October 29, 2015, 05:22:28 PM

I feel that the alt coin's prices have dissociated from that of bitcoin. Alt-coins are mostly for "fun" only. Only bitcoin is getting more "serious".

Yep The only other coin that really ever got any attention was litecoin

Lots of alts had their 15 min of fame.

Anyhow, shouldn't this thread be moved to altcoins board?

CoinsCasa

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Quote from: 7788bitcoin on October 29, 2015, 05:22:28 PM

I feel that the alt coin's prices have dissociated from that of bitcoin. Alt-coins are mostly for "fun" only. Only bitcoin is getting more "serious".

Yep The only other coin that really ever got any attention was litecoin

7788bitcoin

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I feel that the alt coin's prices have dissociated from that of bitcoin. Alt-coins are mostly for "fun" only. Only bitcoin is getting more "serious".

spazzdla

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This entire run they haven't moved... any opinions on if this will do anything to the BTC price?

Topic: The altcoins have started moving.. - page 3. (Read 2660 times)