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Author Topic: Alt coins dumping with Bitcoin fork coming up?  (Read 1574 times)
satish37
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October 11, 2017, 07:05:55 AM
 #41

  Pick up as much as you can and hold. Be patience, look up for  new splits and make sure you can
 capture the split once it happens , currently demand driven for core coin bitcoin and ethrem. Hard fork  effect main block chain which gets many coins of new corrency
publicjud
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October 11, 2017, 07:13:30 AM
 #42

  Pick up as much as you can and hold. Be patience, look up for  new splits and make sure you can
 capture the split once it happens , currently demand driven for core coin bitcoin and ethrem. Hard fork  effect main block chain which gets many coins of new corrency

Everybody trying to do the same now so alts are dumped, BTC is pumped. I'm just trying to close my eyes on this anarchy and do nothing =)

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sydcrypt
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October 11, 2017, 07:17:39 AM
 #43

The  main reason is coz people are selling their ALT coin in exchange for BTC, anticipating the free money that they may recieve after hardfork. I'm sure after that, alt coin will be pumped up and go higher. So its the right time to invest in some ALT coins now.
dllhg (OP)
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October 11, 2017, 07:17:48 AM
 #44

Alts are starting to pump back up again.  Glad I bought what I could the last couple days.  Several are up 10 and even 20%    Shocked    BTC is still high as well but it did drop about $150 today.

Dont keep eggs in one basket.  I have about 60 baskets of alts now and biggest basket with BTC.   Smiley
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October 11, 2017, 07:33:58 AM
 #45

It is reported that when bitcoin reaches the fork, you will receive a new bitcoin of 1: 1, so everyone selling the entire altcoin can have the most bitcoins that can lead to higher bitcoin prices. fork. But if you sold the coin when it fell then I condone it with your price is only temporary then 1-2 days it will return to its original value if you are hugging altcoin you Keep up the cross until it does not get you new coins but the value of the coin will increase many times.

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October 17, 2017, 12:00:49 AM
 #46

I don't know bout you guys but my portfolio of alt coins took a major hit in the last 24 hours. I have over 50 types of coins and they have all dumped except for 2-3.  XRP surprised me as it rose 15% today. I had heard some speculate that people will dump alt coins and focus on buying  BTC so they can get in on the free BTC Gold once it forks.
I was tempted to do the same honestly.   Decided to HODL and am considering adding to my bags of alts why they are so cheap . I also bought a few more BTC today despite prices being so high.  May buy a few more tomorrow. 

Thoughts on the matter ?
The probable thing about this is that people who have investments in altcoins have withdrawn their money from these altcoins and putting it in bitcoin (as you can see, bitcoin is rising up so fast again in the past 2 weeks). The main purpose is that they are expecting to have a share of Bitcoin Gold from their deposited BTC after the forking, just like what happened before during the Bitcoin Cash forking.
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