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Topic: Why are cryptos going up right now? - page 2. (Read 1370 times)

hero member
Activity: 532
Merit: 500
Offer escrow, receive negative trust
January 04, 2017, 09:10:50 PM
#7
As bitcoin surpassed the $1000 mark, mainstream began to take notice.  Sort of a snowball effect, if you will...lets hope this turns into an avalanche Smiley
sr. member
Activity: 1050
Merit: 277
January 04, 2017, 09:01:16 PM
#6
I have a feeling the holiday season has a little to do with it. Every end of year bitcoin seems to raise in value a bit.
That is not the only reason. I think it has stwblied itself since the last "hack" but who knows maybe there will be another one to manipulate the price to go down so later it will rise. Noone can tell the future though.
legendary
Activity: 1218
Merit: 1001
January 04, 2017, 11:40:38 AM
#5
For now, many people focussing on bitcoin so indirectly it affect other altcoin as well !
I'm not wonder this kind of even can happen since it's already been predict and it's happen right now
legendary
Activity: 1610
Merit: 1183
January 04, 2017, 11:36:29 AM
#4
I can easily explain why Bitcoin is going up... simply put, it's very undervalued and has been very undervalued for a long time for what it already is, let alone for what it can become in the future, but what I cant explain is why other altcoins are going up too. Maybe Ethereum bottomed, but I dont see why other random alts are going up, its possible the strong Bitcoin is giving the rest of altcoins a positive aura too.

Im not going to risk going anywhere but bitcoin to be honest..
sr. member
Activity: 244
Merit: 250
January 04, 2017, 10:50:53 AM
#3
go to YouTube and check out Cryptocurrency Market video called "Crypto Investing #42 - What Is The Bitcoin Draft Effect? - By Tai Zen". It pretty much explains what could cause the price increase in alt coins.
legendary
Activity: 2114
Merit: 1090
=== NODE IS OK! ==
January 04, 2017, 07:57:35 AM
#2
go to youtube and search for Marc De Mesel, one of his latest videos
full member
Activity: 360
Merit: 100
January 04, 2017, 07:47:16 AM
#1
Hey,

does anyone have an explanation for the current bullrun of cryptos (BTX and ALTs)?
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