Topic: The State of Alternative Cryptocurrencies (Read 555 times)
This is the new normal, it's going to take months before a huge rally (maybe longer)
As you guys can clearly see, the mtgox fiasco was a huge blow for altcoins. Almost all of the coins on cryptsy are down.There is literally no volume on any of the coins right now. My question is when do you guys think people will start buying back into bitcoin and altcoins?
My guess is in the beginning of April.
My guess is in the beginning of April.
Do you really think if someone had inside information on when things were going to blow up that they would freely share this info with everyone on BTC?
As you guys can clearly see, the mtgox fiasco was a huge blow for altcoins. Almost all of the coins on cryptsy are down.There is literally no volume on any of the coins right now. My question is when do you guys think people will start buying back into bitcoin and altcoins?
My guess is in the beginning of April.
My guess is in the beginning of April.
Do you really think if someone had inside information on when things were going to blow up that they would freely share this info with everyone on BTC?
1) Post bubble crash
Hard to tell how soon the bottom will come.
2) Fixing the crap coin cycle
One post cut and paste "devs" keep launching garbage coins then they (and "Ponzi think" miners) profit from the "investors" who go nuts the first time the new coin hits certain exchanges. The "devs" aren't going to stop soon and most miners aren't likely to change either.
What will ever get the first day "investors" to change and only support decent projects?
The December wave is crashing ashore.
Hard to tell how soon the bottom will come.
2) Fixing the crap coin cycle
One post cut and paste "devs" keep launching garbage coins then they (and "Ponzi think" miners) profit from the "investors" who go nuts the first time the new coin hits certain exchanges. The "devs" aren't going to stop soon and most miners aren't likely to change either.
What will ever get the first day "investors" to change and only support decent projects?
The December wave is crashing ashore.
As you guys can clearly see, the mtgox fiasco was a huge blow for altcoins. Almost all of the coins on cryptsy are down.There is literally no volume on any of the coins right now. My question is when do you guys think people will start buying back into bitcoin and altcoins?
My guess is in the beginning of April.
My guess is in the beginning of April.
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