Bitcoin Forum

Alternate cryptocurrencies => Speculation (Altcoins) => Topic started by: paramind22 on August 08, 2017, 10:33:26 PM



Title: Why the top 50 old coins may not have to go up to old highs
Post by: paramind22 on August 08, 2017, 10:33:26 PM
Bitcoin has gone up three times, and so the measuring stick has changed.   We keep thinking that the major old coins have to go up to old highs, that old sell orders have to be hit, but that might be an impossibility.  It doesn't mean their value or worth has changed, or people are abandoning them, just that the ratio to bitcoin has changed, since Bitcoin keeps going up.  Thoughts?