Bitcoin Forum

Looking at what happened after bitcoin cash was done. Btc crashed hard and alts mooned.

I think later this week we will see exactly the same thing.

Yes, most alts are overdue for a rally. Bitcoin gold out of the way as well as Chinese
5-yearly party meeting ending next week can help.

I don't think it'll happen this week, but soon enough some alts will see some nice highs I think.

i'm really hope so! many alts dumping very hard  :-[ :-[

Yes probably, bitcoin has the 57-58% of the whole market now, you can't even imagine how big this alt rally will be. I think it will be huge

biggest alt rally was ethereum .. in 1 month to 300, and stay there :)

the biggest ever in percentage gains has already happened. it can't happen again otherwise alts would be worth more than everything in the solar system.

i expect a decent rally. i also don't see how many of the big ones can go much higher in the near term. they don't look like the greatest bets to me if you're in the market for huge gains.

People will sell their Bitcoin Gold and majority will probably put them into altcoins. The question is whether they will move their bitcoin back into alts.

Dont assume i meant the big caps like ETH. In fact i see a lpt.of big caps like NEO NEM and ETH dying slowley ober the next year.

Ethereum and its assets grow. BNT, Iconomi and aragon are doing very nice things. But everyone can not do it because they focus on BTC.

Yeah - also think the market will remain a bit uncertain until the second for is over.

Yeah it's possible that altcoins will grow after end of this month and bitcoin will crash as most people converted their altcoins to bitcoin to claim bitcoin gold and after the 25th october people will start to invest in altcoin again so we will surely see another altcoin to the moon but the question is in which altcoin to invest after the bitcoin fork?  ;D

I think that the most Alts will recover by the end of November. And perhaps It's actually good time to buy alts now, not sure.

We've already seen biggest alt rally this year. 2 big rallies in same year? I don't think we'll see something like that.
I rather see a dump fest more likely.

I also think that the small and not so well known projects will have considerable gains. In particular, those coins that have seen dramatic losses during the last months but have some good fundamentals (i.e. tech, use-cases, etc.), such as SIA, FLO, or RAD - for these coins there seems to be a huge potential for being pumped.

What do you guys think about such coins?

I hope alts do rally. I have been waiting a long time

That's how usually the market is moving. When BTC is getting gains, everyone is jumping on it. Honestly there is a good reason as well, BTC is forking and everyone want to get that free BTC gold, but it's ridiculous in the long-term sense. Does that mean that whenever there is a fork we'll see BTC's value increase only cause of that? That's really bad and it's good bubble material, because the price increase of BTC at these times is not based on any real economic demand for BTC, but the demand is due to an alternative factor (BTC gold) which influences directly the price of BTC. I hope this ends, but from the other side that's good for any Altcoin believers, they usually rally as you've mentioned in such cases and it's a good chance for people to invest in some projects that are definitely not yet valued as much as they deserve to be. As long as it's good for the altcoins it's good for the overal market, so I don't complain.

Bitcoin gold is by far not the same thing as bitcoin cash. Bitcoin cahs had a lot of influential people backing it, while bitcoin gold is really just sort of a project for money for the devs. There is much less hype this time round at least in my opinion.

Sure, altcoins could go up, but it's not going to be the biggest rally.

Plus after BCC, bitcoin actually went up quite a bit.

yes!! i hope that too
have invested in few interesting projects that should moon  8)

Biggest alt coin rally so far is ethereum. The next big thing is bos coin or exscudo in my opinion. You can cjeck their blog they are really qorking on the project just like ethereum did. Unlike tezos which get a bad rumor. I believe boscoin will spike after the launch in this end of the month. And after main net launch at q1 2018 it will worth $5 at least

im not sure i understand the OP's statement but here is what I believe
there are or have been a lot of trades into bitcoin from some altcoins
ahead of this fork and for the next one next month in order to get
free coins.

After the fork we may see those same funds revert back to their origin
in order to buy those tokens cheaper than they were sold at to buy bitcoin
which will affect the whole market

This kind of thinking is kinda the same with the 'Gambler's Fallacy'.  Just because something happened the last time doesn't mean it's gonna happen again. 

It's like a coin flip, just because the coin dropped face up at evens 10 times in a row doesn't mean the next toss is gonna be odds.

The market is gonna what its gonna do.  The important thing is to be ready.

You are right. But there is reason to assume that money will flow back into alts. Some Alts, which I consider to have some fundamental potential, have seen huge losses over the last few months/weeks. If Bitcoin is dipping after the fork, it is likely that some money flows into those Alts. Even if Bitcoin does not dip, it is likely that some re-invest a part of their gains in Alts (although I see most gains being realised into Fiat).

I am sure we will see serious rise in the altcoins 3 days later, people have already started talking about this

Yea I also think that. The amount of the BTC rise surprised me a bit. I hope the alts will compensate for it in the next weeks

I don't really know. Bitcoin is surely going to be declining after fork. All people will go back to their favourite altcoins. Is it gonna be big? I have doubts. Some people lost patience with alts.

I don't think the rally will happen until Segwit2X fork is finished.

It seems to me that growth after this small market crash will take place only in time and it is not so close to the future.

I can see alts rising when Bitcoin begins to retrace. Its a good time to buy bombed out alts, but I think that once they spike you'll have to have an exit strategy as most of them will dump back down again. Only a select few will keep on rising... theres not many alts I like maybe 1 or 2

let's wait and see after the segwit2x  this november, a few weeks after this segwit, there will be a big rally of ALTS, maybe Chinas NEO or the old brother litecoin and ethereum will be the biggest rally before year end. bitcoin  gold will be dipping i guess after segwit as it is not much adopted to some users as it is backed by  only for traders and whales. altcoins rally will last about 2 months i guess, but ethereum has the biggest potential as the king of alts.

Yeah, the most alts are really red in the last time and the most dumped to old bottoms. the people are also scared aout buying altcoins, thats a good sign for soon bottoms. Hold strong my friends :)

I feel like we are in the same situation we were with Bitcoin Cash fork. All the alts crashed because people sold them off for BTC to maximize the amount of Bitcoin Cash they got. Shortly after the fork, all the alts bounced back -- some of them to new ATH.

I am confident the same thing is going to happen this time -- or at least a similar scenario. HODL your alts and accumulate more during this dump!

I think NEO is a good shout for a strong rally. I is in fact the Ethereum of China. The team behind it is very professional. In time when more start ups use its smart contracts then it will only take one or two big successes to propel NEO up to same leagues as Ethereum and Bitcoin.

No good way to know what kind of alt rally we will get after Bitcoin gold fork
and after Segwit2x fork. This altcoin selloff is already overdone so a good bounce is
at least expected.

It is a pattern that is repeating itself and we may actually see a big rally from today before end of this month and from there some of them will correct and recovery and make some gain. Bitcoin has retracing a bit to $5810 and ethereum to $286. I think this time around after the splitting we may see bitcoin above  $7000 and ethereum close to $600. I still believe that now is still the best time to buy most of the coins as there are very cheap now.

I don't think we'll see another rally this year. Possibly in December once the second fork is over, but more then likely not.

I am hoping recovery starts shortly after Segwit2X fork...late November.  Counting on a shocking recoil for many but probably many "shit coins" will not survive this round.  Maybe for the best.

I also think the Alts market will recover after the segwit2x drama :P