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Topic: What most people buying alt-coins are doing.... (Read 1635 times)

member
Activity: 70
Merit: 10
I am yet to complete my research but if you look at the price vs time charts of all alt coins you will notice a certain pattern repeating. Check this out for yourself if you wish to understand what the buyers/holders of most alt coins have been doing.
full member
Activity: 149
Merit: 100
If you're willing to take the risk on a new currency and invest in the first place, you should have the guts to hold your coins no matter how bleak it seems.
sr. member
Activity: 364
Merit: 250
Bitcoin is losing it's value on daily basis. It's the most expensive digital currency..what did they expect? What goes up must come down.


2015: Rise of alts

This is exactly what I guess, too!

Bitcoin "could be" about to die. And what happens then? Do you think everything is over? No! An alt will rise and takes bitcoins place.

I don't think it has to take its place per say but both will exist. Bitcoin was just one huge pump and those who pumped cashed it out at the top and now it's just declining. It'll probably reach $10 in next 12 months.

$10? That's a stretch, I doubt it will get that low. But if it does, hell I feel bad investing now when it's still 'considerably' low now. But if it goes down to that low, time to invest highly in altcoins.

If BTC drops to $10, it is going to die. Too many companies, investors, and miners will have been hurt by what would be a 99% decline from its height and will have been in exodus for some time at this point. My guess is that it would go back to being used by only a small following of ideological enthusiasts.


Lets panic buy than.
sr. member
Activity: 672
Merit: 253
Bitcoin is losing it's value on daily basis. It's the most expensive digital currency..what did they expect? What goes up must come down.


2015: Rise of alts

This is exactly what I guess, too!

Bitcoin "could be" about to die. And what happens then? Do you think everything is over? No! An alt will rise and takes bitcoins place.

I don't think it has to take its place per say but both will exist. Bitcoin was just one huge pump and those who pumped cashed it out at the top and now it's just declining. It'll probably reach $10 in next 12 months.

$10? That's a stretch, I doubt it will get that low. But if it does, hell I feel bad investing now when it's still 'considerably' low now. But if it goes down to that low, time to invest highly in altcoins.

If BTC drops to $10, it is going to die. Too many companies, investors, and miners will have been hurt by what would be a 99% decline from its height and will have been in exodus for some time at this point. My guess is that it would go back to being used by only a small following of ideological enthusiasts.
legendary
Activity: 966
Merit: 1000
Except Unobtanium has been rising against falling BTC since July Cool





Given enough attention any coin would have fallen with the recent crash. Unobtanium is not special but lucky.
Yeah but only 15 coins mined per day...makes it almost impossible to crash the price for whole unit if u need x whole blocks to sell one uno.
full member
Activity: 210
Merit: 100
Bitcoin is losing it's value on daily basis. It's the most expensive digital currency..what did they expect? What goes up must come down.


2015: Rise of alts

This is exactly what I guess, too!

Bitcoin "could be" about to die. And what happens then? Do you think everything is over? No! An alt will rise and takes bitcoins place.

I don't think it has to take its place per say but both will exist. Bitcoin was just one huge pump and those who pumped cashed it out at the top and now it's just declining. It'll probably reach $10 in next 12 months.

$10? That's a stretch, I doubt it will get that low. But if it does, hell I feel bad investing now when it's still 'considerably' low now. But if it goes down to that low, time to invest highly in altcoins.
sr. member
Activity: 296
Merit: 250
Bitcoin is losing it's value on daily basis. It's the most expensive digital currency..what did they expect? What goes up must come down.


2015: Rise of alts

This is exactly what I guess, too!

Bitcoin "could be" about to die. And what happens then? Do you think everything is over? No! An alt will rise and takes bitcoins place.

I don't think it has to take its place per say but both will exist. Bitcoin was just one huge pump and those who pumped cashed it out at the top and now it's just declining. It'll probably reach $10 in next 12 months.

That's the price professor bitcorn predicted, and he got it wrong. And whoever cashed out at the top probably got Goxed.
member
Activity: 98
Merit: 10
Bitcoin is losing it's value on daily basis. It's the most expensive digital currency..what did they expect? What goes up must come down.


2015: Rise of alts

This is exactly what I guess, too!

Bitcoin "could be" about to die. And what happens then? Do you think everything is over? No! An alt will rise and takes bitcoins place.

Really though. The alts may finally do what they set out to do.
hero member
Activity: 1540
Merit: 500
Bitcoin is losing it's value on daily basis. It's the most expensive digital currency..what did they expect? What goes up must come down.


2015: Rise of alts

This is exactly what I guess, too!

Bitcoin "could be" about to die. And what happens then? Do you think everything is over? No! An alt will rise and takes bitcoins place.

I don't think it has to take its place per say but both will exist. Bitcoin was just one huge pump and those who pumped cashed it out at the top and now it's just declining. It'll probably reach $10 in next 12 months.
newbie
Activity: 40
Merit: 0
Bitcoin is losing it's value on daily basis. It's the most expensive digital currency..what did they expect? What goes up must come down.


2015: Rise of alts

This is exactly what I guess, too!

Bitcoin "could be" about to die. And what happens then? Do you think everything is over? No! An alt will rise and takes bitcoins place.
legendary
Activity: 1022
Merit: 1001
member
Activity: 80
Merit: 10
Except Unobtanium has been rising against falling BTC since July Cool




conveniently left out the last 2 months..

You're right, and the price is actually higher now.. Cheesy
hero member
Activity: 1540
Merit: 500
Bitcoin is losing it's value on daily basis. It's the most expensive digital currency..what did they expect? What goes up must come down.


2015: Rise of alts
sr. member
Activity: 378
Merit: 250
Knowledge could but approximate existence.
The "𝑆" is the actual value of one's fiat gains from one's (let's say) "crypto" holdings, the "−𝐴(𝑡)" is the actual value of the coins' fiat value at a given time (i.e., it is negative the-fiat-money's-face-value-and-interest), and "−𝐴(0)" is the actual value of the coins' fiat value when the coins were first acquired.
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
Look over the linked material and then the equation.

ok.  does that help get more BTC?  Grin

honestly too lazy to figure what you're saying.  that and i'm too slow.
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
Fiat money is loaned with interest, so it actually corresponds to a debt that exceeds its “face value” (i.e., the principal).

we can always bargain hunt later back to crypto as everything seems to be going down.

Code:
𝑆 = −𝐴(𝑡) − (−𝐴(0)) = −𝐴(𝑡) + 𝐴(0) ≟ 𝐴(0) − 𝐴(𝑡)

If something is worth less debt, is it not more valuable?

huh?

just trying to get more BTC out of this downtrend.
sr. member
Activity: 378
Merit: 250
Knowledge could but approximate existence.
Fiat money is loaned with interest, so it actually corresponds to a debt that exceeds its “face value” (i.e., the principal).

we can always bargain hunt later back to crypto as everything seems to be going down.

Code:
𝑆 = −𝐴(𝑡) − (−𝐴(0)) = −𝐴(𝑡) + 𝐴(0) ≟ 𝐴(0) − 𝐴(𝑡)

If something is worth less debt, is it not more valuable?
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
Fiat money is loaned with interest, so it actually corresponds to a debt that exceeds its “face value” (i.e., the principal).

we can always bargain hunt later back to crypto as everything seems to be going down.
hero member
Activity: 518
Merit: 500
Except Unobtanium has been rising against falling BTC since July Cool




conveniently left out the last 2 months..
hero member
Activity: 812
Merit: 1000
Litecoin Association Director
Except Unobtanium has been rising against falling BTC since July Cool





Given enough attention any coin would have fallen with the recent crash. Unobtanium is not special but lucky.
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