The BTC crash is good news for Altcoins - page 10.

EscrowService28

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Quote from: alani123 on November 21, 2018, 11:08:33 PM

I don't think that at this point a reversal would be withing months. Crypto would have to be stable for months in my opinion for any meaningful upswing in prices. For now, I just think that support is lost and it'll take a decent amount of time until the market's sentiment is fixed. Rumor has it that many large investors are on limit calls to exit the market if it plunges even a little further. Something that'll be hard to recover from.

Can you site some source about the investors exit? I would love to see whether the rumors are true or yet another fud creation to fool some investors and dump their holdings for whales gaining.

11:11pas

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I don't think there has been the best news for altcoins until now, all of them have not increased, all the coins are still low, I don't know how long this situation will pass, even so we have to be sure everything will be normal again that

alani123

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I don't think that at this point a reversal would be withing months. Crypto would have to be stable for months in my opinion for any meaningful upswing in prices. For now, I just think that support is lost and it'll take a decent amount of time until the market's sentiment is fixed. Rumor has it that many large investors are on limit calls to exit the market if it plunges even a little further. Something that'll be hard to recover from.

Meycell

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Quote from: mahilchii on November 17, 2018, 02:05:43 PM

Quote from: qazgroup on November 16, 2018, 03:59:14 PM

I do not think there is any visible positive effect in the big alts price yet, look at eth it has suffered the same path down just like btc so at the moment we see only one trend in the market and that is down.

Obviously, not only BTC dropped its value. The entire coins were down and the market looks like a garbage, investors might be worrying today mate always remember cryptocurrency is a hidden gem. If the value increases then you are a millionaire.

When the Bitcoin experience fall, this will be good news for Altcoin. they will experience the triumph with the opportunity to be able to continue growing and attempt to replace the position of the Bitcoin. so being able to make great opportunity to continue to develop.

mahilchii

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Quote from: qazgroup on November 16, 2018, 03:59:14 PM

I do not think there is any visible positive effect in the big alts price yet, look at eth it has suffered the same path down just like btc so at the moment we see only one trend in the market and that is down.

Obviously, not only BTC dropped its value. The entire coins were down and the market looks like a garbage, investors might be worrying today mate always remember cryptocurrency is a hidden gem. If the value increases then you are a millionaire.

Sylvial

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Trust me this is not exactly the case. The drop in the price of Bitcoin greatly affected altcoins. So you find a situation where alts that were bought at certain prices and because there was a drop in the price of BTC, the dollar doesn't reflect the amount it was bought

crypt0.r3negades

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It depends on the potential of the coin that you hold. Because I can see to it that when bitcoin price reduces, then so as the coins price go low on its rate. But it is still depends if the coin is strong enough to counter the price drop value of the bitcoin and became independent from bitcoin's price

qazgroup

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I do not think there is any visible positive effect in the big alts price yet, look at eth it has suffered the same path down just like btc so at the moment we see only one trend in the market and that is down.

Supec77

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No,the good news is when the Cue ball to rise will dopustim 20-30 thousand dollars per token and will be in place is, in principle,at this point, begin to grow rapidly altcoins as a rule,so for altcoins is good when the market is bullish,and the cue ball got on premerno the level is good enough,and violas will begin to shoot at 300-900% and more

FunGate

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https://cointelegraph.com/news/why-did-crypto-market-experience-a-27-billion-wipeout-experts-discuss-factors

Every situation has a bright side, you just have to look at the bigger picture!

According to Crypto Rand, a currency trader and technical analyst,

"We will have to wait some more months until BTC settle down its path through a potential reversal, but the alternative cryptocurrency market could take its own direction getting rid of the BTC influence. The big caps altcoin response has been amazing so far."

Further on, the article goes on to say,

"Institutional investors are focusing on products that provide investor protection and strengthen the infrastructure of the crypto market."

Such volatility doesn't mean anything. The true value of cryptocurrency lies in a strong foundation (which requires user-friendly decentralized marketplaces where we can use cryptocurrency, and added security in the form of escrow systems) which will be made possible with the upcoming ICO's.

They're not all scams!

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