Bitcoin Forum

Alternate cryptocurrencies => Speculation (Altcoins) => Topic started by: paramind22 on March 01, 2017, 06:39:40 AM



Title: When is Alt Floor Going to Come back up to Jan 2017 levels?
Post by: paramind22 on March 01, 2017, 06:39:40 AM
I noticed that the majority of alts on Poloniex have gone down over the last three weeks.  A few have risen, but most are not at the same levels.  When do you think they will all come back up?   Do you think none will ever reach that level again?
Any reasons?


Title: Re: When is Alt Floor Going to Come back up to Jan 2017 levels?
Post by: Pursuer on March 01, 2017, 07:29:22 AM
I noticed that the majority of alts on Poloniex have gone down over the last three weeks.  A few have risen, but most are not at the same levels.  When do you think they will all come back up?   Do you think none will ever reach that level again?
Any reasons?

they "all" will never come back up. because majority of the coins you see there are pump and dump coins and this was their dumping phase and there is no coming back from that unless they get pumped again. and this happens for some coins each 6 months or never.

those coins you see are coming back up are 2 or 3 that are being pumped right now. and some of these few coins you saw will also come back down again.

you should ask your question based on more specific coin or look at their speculation topic in this board for more discussion.


Title: Re: When is Alt Floor Going to Come back up to Jan 2017 levels?
Post by: Ayers on March 01, 2017, 11:23:29 AM
I noticed that the majority of alts on Poloniex have gone down over the last three weeks.  A few have risen, but most are not at the same levels.  When do you think they will all come back up?   Do you think none will ever reach that level again?
Any reasons?

zcash is returning a bit to its level, other are still the same, i see that some x11 coin are also returning to their glory price, but you need more money now to make them return to their original price, because bitcoin is worth more, it mean that you need more investors, not an easy as it sound, if more money come to bitcoin they certainly coem to altcoin too, i'm waiting for the next big pump of bitcoin, that is the time for altcoin to shine again


Title: Re: When is Alt Floor Going to Come back up to Jan 2017 levels?
Post by: shanem on March 01, 2017, 02:32:55 PM
The more "established" altcoins like DASH is going up. For the rest of the altcoins, it will take some time before people get used to the high bitcoin price. Then, they will invest into altcoins to try to earn more bitcoin. Until then, it is a good chance to accumulate oversold altcoins while they are low.