Topic: The REAL reason btc is crashing but alts are crashing even faster (Read 71 times)

Yes it will exist but there will be regulations in place to prevent all the scams and manipulations.

That's only true to an a certain degree.

BUT WHY is btc falling in light of excellent news really considering the adoption and regulations being put in place by governments of developed nations exceeding most realistic persons  expectations.

1. ico managers wanting to cash out and get as far away as possible from their shit projects they know are going nowhere so flooding btc/eth markets

2. other whale manipulation to shake the tree of weak hands.

3. 20k was a bubble and natural correction and consolidation.

probably a bit of all 3


plan for now

I see alts diluting and diluting to shit......too many projects most of which are crap but makes it so hard to find the REAL alternative projects here. So consolidate to btc and REAL long term projects that have a good distribution (not just high market cap alts that probably have huge fake caps due to narrow initial distribution)

I would not risk getting all out to fiat now because most are already so far down on their initial investment even a small bull in the alts that you miss could mean huge losses. Instead research hard and find the real long term alts that have a good use case and a proven long term dev team that distributed the tokens in a fair and broad way.

If you are in icos that seem to have lost their way and not hearing much from their dev teams for quite a while then look forward to more pain as they get delisted from major exchanges and sink to zero. This is the danger with allowing the dev team full access to the "dev fund" at the start and full control of how it gets spent.


there are only 2 catergories really for safety

1. too big to fail = btc/eth

2. proven dedicated teams with a unique use case and time tested and FAIR WIDE DISTRIBUTION.

of course also you need to consider the sec does have the power to reduce nearly any ICO to a shadow of its former self at any time.

I see pow making a big comeback or much tighter ico regs coming.

I agree with you that the main problem lies in the greedy investor and ico. things will continue, if everybody's thinking wants to get rich quickly overnight through investing in ico.

I'm curious, do you think ico will continue to exist, even more in the future?

The root cause is the dependence of all alts from the BTC. Therefore, its fall will pull down the remaining crypto-currencies. This was obvious and understandable from the very beginning of bitcoin growth.

Because all the noobs rushed in hoping to lambos on icos not realising 90% of them are outright scams that will dump those btc and ether they got from the noobs before abandoning that current ico to start another one.

Well done noobs do more research next time and just keep to btc that way you should end up with some profits in the long term rather than the vast majority ending up with nothing.

Don't keep dreaming of the next rags to riches overnight experiences a lucky few got in on (mostly insiders and whales anyway). Just stick to btc or long term solid projects.

If you invested in a 2017 ico that is still on page 1 of cmc you can expect that to be on page 5 or lower in a year. Get out to btc or a solid long term alt whilst you still can. Any losses you have taken already are only going to grow larger as time goes on. There will be no new alt bull run for most of these even when the btc bull run happens.