It bitcoin dominance is increasing then why is the price dumping? Who the fuck is selling?
Alts are going to zero, as foretold. This is the great bloodletting. Come warm your hands by the fire of the smoking carcass of the alt coin market.
We will also experience some pucker all along the way but it will all be worth it in 2020.
I just don't buy it.
Yes. Currently, I do recognize that alt coins are dumping more than BTC, but I just have a sense that several of the alt coins will be coming along for at least one more BTC ride up the exponential price rise. Surely, I could be wrong about my hunch, but to me, it just seems too early to assert that they are dead and that BTC is the unambiguous winner.
We have decent chances that in the end, BTC is going to be the unambiguous winner, but there seems to be a lot of ambiguity for alt coin pumpers to exploit along the way.. and at least one more alt coin pump is going to be part of that taking advantage of ambiguity and almost an limitless supply of dumb money.
I am sure that the most in here Just thinking the same that offcourse there Will be Some pump and dump in alts.....
Yes... but it seems to me that some peeps are taking the situation a lot further than is likely.
Several times, there have been assertions that altcoins are dying.. blah blah blah.. .but we are way too early in this game for that to happen.
There will likely be at least another 10 years of significant alt coin pumping and dumping, so it seems way too premature to me to be suggesting that alt coins are dying any time soon.
I do agreed that the genuine froth in the alt coin space is driving the overall price correction, including BTC; however, who the fuck knows how long it is going to last and/or how far and how long bitcoin is going to be drug down in this process. Surely the longer and the more that alt coin money is purged, this time around, the longer and deeper will be bitcoin's price correction, too.
