Never sell low philosophy is killing me.
Are you guys also getting crazy?
(About BTC dive)
This time, the question of the end of the undisputed supremacy of bitcoin may be real. Not that bitcoin will lose its crown immediately, but I think the market is testing this possibility, and the distinction altcoin bitcoin may take, for the very first time, a hit.
Funny is that the two contenders for usurping the crown are the two most centralized currencies around, mimicking as crypto: ETH and DASH. Maybe the market asks for more centralization in crypto.
You are seeing plots everywhere ! The market is testing absolutely nothing, a few whales simply ran a combinated pump on the
Nope. Bitcoin market share in crypto is at all time low and bitcoin has, for the first time in its history, serious TECHNICAL problems, in the sense that it is full, and that the only outlook is a split in two coins, or status quo (most probable). This has never been the case before.
http://coinmarketcap.com/charts/#btc-percentage
Bitcoin percentage is just a joke to me. Altcoins are the principle of a created money out of air. I could create an altcoin and if it reaches a price of 0,01BTC/coin, this does not mean this is valued at this price, this just mean that one guy is ready to buy it as this price, and play the market animators, as this is happening just now at Poloniex.