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Topic: Unlike alts Bitcoin will not crash - page 2. (Read 2191 times)

legendary
Activity: 3752
Merit: 1170
www.Crypto.Games: Multiple coins, multiple games
May 20, 2017, 08:13:39 AM
#26
New investors are entering into crypto world with the plan of diversifying their capital across bitcoins and altcoins. There are enough awareness with these people not to go all with one single instruments and I feel this would be the reasons altcoins are standing strong when bitcoin is trading near $2000 levels.

What we must find out is how long these valuations and high market capitalizations on altcoins can be maintained.
There will not be any problem when new people come and buy some altcoins. As long as new money flow happens, I guess they will keep their capitalization competitive.
full member
Activity: 219
Merit: 100
May 20, 2017, 07:59:56 AM
#25
look,  alts and BTC have risen dramatically in the past few months...any or all could crash
but,  do you really think blockchain tech is not going to be massively adopted?  Think about that in a longer term view

I believe it is prudent to diversify your crypto investments -  and trim some holdings for fiat as the prices go up.  This way,  you have dry powder for the inevitable dips.   But,  importantly,  don't forget to buy the dips and crashes!
hero member
Activity: 630
Merit: 500
May 20, 2017, 06:47:05 AM
#24
After they had their successful pump in a few altcoins one by one their time of dumping is coming and going and idiots will once again buy them in hopes of getting rich.

Now it is Bytecoin turn, go and buy as much as you want and let them dump billions on some poor bastard just like all the ponzi schemes, scammers found a new way which is what we are witnessing in past 2 month in crypto.

Even I was able to mine Bytecoin on a crappy laptop, now imagine some body with 50 GPU-CPU in a basement was able to mine God knows how many.

People wont even look at altcoins infrastructure they just deposit BTC on an exchange and start buying knowing they are participating in a ponzi or just don't know what that is and will enter regardless.

I'm waiting for Bitcoin to crash back to sub 1k but facts are undeniable, more miners are joining the race and I'm speculating another surprise as a price increase who knows maybe to $2400?

Don't be surprise for that since its normally happen and knowledgable traders expected to buy those dumped altcoins who have potential since they can provably earn more for just staking those coins who have great futures ahead. And dumping of alts is truly expected if bitcoins price will soar up since many of us surely drops our alts and trade it with bitcoins since we can earn more than doing that unlike if we stake on temporarily falling coin.
sr. member
Activity: 1666
Merit: 276
May 20, 2017, 05:34:49 AM
#23
The alts don't seem to be crashing anytime soon. Look at their valuations - they just keep rising.
Bitcoin dominance has crashed below 50% and it looks like it will stay there for some time.

That is true. What we must find out is how long these valuations and high market capitalizations on altcoins can be maintained. This is a bubble and a time will come that everything must contract. People will lose Bitcoin value by trading altcoins. That always happens after a bull market.
This happens often with the users. If they have held the coin in the wallet they might have profited big than what they made through trading. Based on the price increase and decrease people decide upon the trading strategies. With the high volatility nature the value loss happens, but this time the price looks quite good even with the altcoins. So crash won't be happening anymore.
full member
Activity: 137
Merit: 100
May 20, 2017, 01:59:15 AM
#22
The alts don't seem to be crashing anytime soon. Look at their valuations - they just keep rising.
Bitcoin dominance has crashed below 50% and it looks like it will stay there for some time.

That is true. What we must find out is how long these valuations and high market capitalizations on altcoins can be maintained. This is a bubble and a time will come that everything must contract. People will lose Bitcoin value by trading altcoins. That always happens after a bull market.
I always think this is the manipulation of the market and I am quite sure that such actions can be regarded as fraud in the crypto currency market. Because you will agree that in themselves the prices for altcoin or Bitcoin can not jump so much.
legendary
Activity: 2898
Merit: 1823
May 19, 2017, 09:08:13 PM
#21
The alts don't seem to be crashing anytime soon. Look at their valuations - they just keep rising.
Bitcoin dominance has crashed below 50% and it looks like it will stay there for some time.

That is true. What we must find out is how long these valuations and high market capitalizations on altcoins can be maintained. This is a bubble and a time will come that everything must contract. People will lose Bitcoin value by trading altcoins. That always happens after a bull market.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
May 18, 2017, 09:48:42 PM
#20
It is hugely demand in the market and people know about bitcoins from the very beginning.Many people are using bitcoins has stock market and saving it as they want to become rich in the coming years.

but not all people know bitcoin from the very beginning, some of them know bitcoin in this year and they think that they are very late to know bitcoin.

i think bitcoin can crash and i think the crash is only in the price as we know because we've seen the price is up and down too often. and if there are many people still using bitcoin, i think bitcoin will not crash like altcoin.
legendary
Activity: 1232
Merit: 1000
May 18, 2017, 09:43:28 PM
#19
The alts don't seem to be crashing anytime soon. Look at their valuations - they just keep rising.
Bitcoin dominance has crashed below 50% and it looks like it will stay there for some time.
legendary
Activity: 2898
Merit: 1823
May 18, 2017, 09:40:39 PM
#18
After they had their successful pump in a few altcoins one by one their time of dumping is coming and going and idiots will once again buy them in hopes of getting rich.

Now it is Bytecoin turn, go and buy as much as you want and let them dump billions on some poor bastard just like all the ponzi schemes, scammers found a new way which is what we are witnessing in past 2 month in crypto.

Even I was able to mine Bytecoin on a crappy laptop, now imagine some body with 50 GPU-CPU in a basement was able to mine God knows how many.

People wont even look at altcoins infrastructure they just deposit BTC on an exchange and start buying knowing they are participating in a ponzi or just don't know what that is and will enter regardless.

I'm waiting for Bitcoin to crash back to sub 1k but facts are undeniable, more miners are joining the race and I'm speculating another surprise as a price increase who knows maybe to $2400?

If you asked me 3 - 6 months ago I would say $2400 per Bitcoin would be impossible. I am a person who is stubborn and who is hard to convince. I want to see it happen with my two own eyes and now I think it is happening. Sometimes I wish I blindly bought more instead of waiting for corrections.
full member
Activity: 266
Merit: 100
May 18, 2017, 09:33:00 PM
#17
It is hugely demand in the market and people know about bitcoins from the very beginning.Many people are using bitcoins has stock market and saving it as they want to become rich in the coming years.
hero member
Activity: 882
Merit: 544
May 18, 2017, 08:49:54 PM
#16
Bitcoin really might rise up to $2400 in the next coming weeks or months if the upward trend continues but it is hard to imagine right now that bitcoin will crash back to sub 1k unless there is a major event that will trigger it to happen. Altcoins really will crash but there are few altcoins that have genuine price as other says and has a lot of potential to increase too so If I were you I won't say all altcoin pumps now are just ponzi schemes but some pumps in some certain altcoins really do look like it is manipulated.
hero member
Activity: 910
Merit: 550
May 18, 2017, 08:38:55 PM
#15
Altcoins are all hyped. Don't say bitcoin might crash. Bitcoin/cryptocurrency on the other hand is increasing in value. The more people know or used it, the more bitcoin will value. Right now, cryptoworld known in manny countries. So might as well the people may used it for there living. And it help them a lot
hero member
Activity: 924
Merit: 506
May 18, 2017, 04:13:12 PM
#14
Who are you talking to bro? most of the people here are either hackers/ scammers/ idiots/ opportunists and very few honest and thoughtful people are here, of course no one will care as long as they can earn their profit, ICOs and ROI, money is the king here, you really expect them to avoid those pumps? it's like throwing meat in front of a cat and expecting her not to eat it.
I'd suggest you not to buy any coins now and wait for the next "bad news" as always which will lower the price.
sr. member
Activity: 1092
Merit: 271
May 18, 2017, 02:51:46 PM
#13
Altcoin are all hyped, without any demands on them.  They were pumped hard so as expected once the target price is achieved, a dump will follow that will crash the price to oblivion. Bitcoin on the other hand is increasing in value due to the recent event and adoption.
legendary
Activity: 1176
Merit: 1024
May 18, 2017, 02:07:50 PM
#12
Fundamentally altcoins are not having any supportive news to get pumped. In recent times ripple/steller are heavily pumped for no reasons and I am just watching them to take a blood bath in more quicker time. Pumping without backing reason always ending up in steep fall down.

At the same times, bitcoin found few corrections, regardless of that investors kept their faith so it started its another wave of rally today. This wave may sustain until price reaches $2100 too.
legendary
Activity: 2604
Merit: 3056
Welt Am Draht
May 18, 2017, 12:53:03 PM
#11
Everything crashes eventually, however many here are suffering from the usual scale blindness that seems to blight this place.

Poloniex is probably the world's biggest exchange in terms of volume, not that it really means anything as hardly any of it leaves the exchange, but regardless of that it's currently buckling under the weight of over 40,000 users online right now.

Lets see that figure again - 40,000.

That's the population of modest market town in Belgium or half a football stadium. It could easily add 1-200,000 more without the rest of the world taking any notice. All these bubbles could go up another 10-20x yet. Dumpers might be eaten alive by a wave of newcomers.

copper member
Activity: 1330
Merit: 899
🖤😏
May 18, 2017, 12:10:29 PM
#10
None of you guys actually care or pay any attention to the hash power behind every coin, 99% of altcoins were mined by a dozen of people some even were mined by less than 10 people and suddenly they go from $0.0001 to $0.5 and that's when all the greedy traders enter to push it further up to $1-2-3-4-5 and it will continue and if I was a bag holder I would've dumped very slowly but steadily, I'm just sad about it because I know most of the people will burn as the wall buy grows thick the bag holder sees the opportunity and dumps millions of coins and easily earns millions of dollars.
And people just stare at their shitcoins sitting on their wallets worth nothing.
At least before investing on an altcoin check out the backbone and the strength of said coin.

About me first wishing for a crash I then said that facts are undeniable and as much as I'd like to see it falling back to sub 1K I can see at the same time that it's not going to and some how I was hoping to see if you can tell me whether it will drop so I can get some at current price because I know it will eventually increase.
legendary
Activity: 2688
Merit: 1106
DGbet.fun - Crypto Sportsbook
May 18, 2017, 11:49:33 AM
#9
Altcoins have the increased volatility than bitcoin, which is the reason for major dumping of value once after reaching great value growth in a very short time period. In a days time altcoins potentially grow more than 200% and by the next day it might fall mare than 100% in value. Some lack in finding and some lack of development. On the whole as an user stated bitcoin has got a demand which soon can never be achieved by any of the altcoins.
legendary
Activity: 2128
Merit: 1293
There is trouble abrewing
May 18, 2017, 11:21:59 AM
#8
the thing you need to know is the fact that bitcoin has the demand necessary for its rise and this demand is not only not going anywhere but also it is increasing day by day.
but for altcoins the demand is temporary and it is only coming from traders wanting some big profit.

also the difference between a correction and a crash is a lot, but most people see any drop as a crash!
legendary
Activity: 1862
Merit: 1004
May 18, 2017, 11:13:37 AM
#7
I'm waiting for Bitcoin to crash back to sub 1k but facts are undeniable, more miners are joining the race and I'm speculating another surprise as a price increase who knows maybe to $2400?
What would be that potential reason of hypothetical bitcoin crash you talk about? Sub $1000 level is so far away, way beyond simple price correction.
This high price of Bitcoin is not an effect of growing mining infrastructure, but it is caused by progress of adoption, more users and due to increase of acceptability of bitcoin in mainstream finance.

But never say never Bitcoin might crash for example if miners will ever try to upgrade network via hostile BU fork.
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