Bitcoin Forum

Hello maybe its kinda noobie question but I also try...Price of omg was around 200k sat then around 160 and I wanted to buy but maybe I should wait a little bit longer, now its 140k and I really want to buy but price of BTC is rising so much that in fiat it does not influence price of omg so much (still around 8 dolls)...so when btc start falling price of alts (neo, omg, lsk) should go up? or it will follow btc trend and also will go lower? Because now people try to put money from alts to btc mainly I guess.

Yes, you might want to go through the charts and see the price level that the coin is usually stable at. Once you find that, then you should invest.

i am gonna wait for omg, still to high

It will probably drop a little more leading up to BTG

What is your target and purpose with omisego? You should ask this to yourself. If you are waiting for quick profit its not good time to buy right now. If you plan for future it is good entry point.

thanks for the info...
i will monitor its..... :)

Do u have any good article or youtube video about it? I would like to learn how to read charts and know where is price stable...because its not always obvious

Well that's a truly tricky question to answer, but I will still make an attempt- in theory you are quite right in the perception that the price of alternative cryptocurrencies should go up as soon as many Bitcoins will be freed against other cryptocurrencies. But you have also mantioned the possibility of other cryptocurrencies to decrease along with BTC. So does the theory hold water? The right question to ask (and hopefully answer) where are the major investments in Bitcoin come fro this time: is it fiat or other cryptocurrencies. The answer is both, however the form decision was made by miners and we all know that miners are always putting on either the cryptocurrency they mine or on fiat money. So it's quite clear that all their money would be transferred to fiat money. So the question lies in it's proportion. My best guess is that minors might hold some 8-12% of BTC. Put along with others investors, who bought BTC for fiat this time or those who just want to get rid of BTC as they think that it has already reached it's years peak might all in all be over 25%, which is huge so this means that BTC will lose it's value against fiat, while other cryptocurrencies won't see much of investment (with the price of other alternative coins going up we can clearly see that in reality all those, who considered investing in alternative cryptocurrencies among BTC coins have already done so. So my suggestion is that both Bitcoin and other cryptocurrencies will decrease after the emission of Bitcoin God. So this time I side with bears due to all this typical Bitcoin fluctuations. After a high there should be a low. It's most a mantra for cryptocurrencies

If you are asking about when and i can't give the actual answer for you. it may follow the bitcoin trend and i was speculating another correction to the bitcoin after the fork of the bitcoin itself.