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Author Topic: will the halving effect alt coin  (Read 1196 times)
maokoto
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April 14, 2016, 08:40:08 PM
 #21

Many altcoins tend to keep value more or less the same regardless bitcoin price, but I think that the altcoin dump to get btc for the halving is possible too.

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April 14, 2016, 09:37:36 PM
 #22

Generally, when bitcoin's price rises the effect on altcoin markets is positive, with exceptions of course. But there are solid arguements that the halving is already priced in, so the no price increase is certain.

what are the arguments its already priced in?

i think theres a long way up from here, halving hasn't even happened yet.

The fact that the price rose from ~240$ in October to 420$ with no apparent reason as to why. Long term support is basically non existent yet the price stays around 400$ more or less. So the halving is probably already priced in from the beginning of the year. 

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asrilani
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April 26, 2016, 12:02:32 PM
 #23

The bitcoin price is rising at the moment while most of the altcoin are dropping in price. Maybe they are related.
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April 26, 2016, 06:32:05 PM
 #24

The bitcoin price is rising at the moment while most of the altcoin are dropping in price. Maybe they are related.

A small relation between the bitcoin and altcoins might be there, as altcoins are totally following the technology of bitcoin for their successful growth.

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