Altcoin Sub Fans... Time to Let Go of Your Altcoin and Buy Bitcoin

[tokeweed]

I am suprised how well people last year speculated that 2015 would be a low, and all of the sudden at the end of the year its on a rally.  so it is possible to guess what happens ahead with bitcoin. I wish i was better at that.

j





damn should have added some "big trouble in little china" picture.

No one can really predict the market.  Only Karpeles can.

#rememberkarpeles

[duuuuude]

oh so this is WillyBOt. part DUEX

j

[tokeweed]

oh so this is WillyBOt. part DUEX

j

No idea.

[duuuuude]

that was just a mtgox joke.

j

[tokeweed]

that was just a mtgox joke.

j

Were you joking though?  Current run really does look like Willy.

[Nxtblg]

pretty unbelieveable run going right now.  Does anyone have any real tanglble reason for the increase?

I would say the weakening yen is mostly to blame. China's economy is on pretty shaky grounds. The increase in the US dollar is also hurting China's exports, It's like a perfect storm to drive Bitcoins price to the moon as they say. And the European Court ruling that cryptocurrency is a real valid currency is just more fuel in the tank.

Or it's probably Karpeles. 

Or Cyprus again.

[rokkyroad]

Time to Let Go of Your Altcoin and Buy Bitcoin

By the looks of things that is exactly what is happening.  Most everything taking a nose dive. If btc can settle down to a nice high price some alts will quickly recover. Those with lots of btc will buy up the bargain basement prices I'm sure.

[tokeweed]

pretty unbelieveable run going right now.  Does anyone have any real tanglble reason for the increase?

I would say the weakening yen is mostly to blame. China's economy is on pretty shaky grounds. The increase in the US dollar is also hurting China's exports, It's like a perfect storm to drive Bitcoins price to the moon as they say. And the European Court ruling that cryptocurrency is a real valid currency is just more fuel in the tank.

Or it's probably Karpeles. 

Or Cyprus again.

It usually does.

[tokeweed]

I think it could be a good time to start looking for shorting opportunities soon.  The thing to look out for is the fade in volume.  So far volume is still ok...

[tokeweed]

WTF?!?!?!

[Spoetnik]

It's my Altcoin bashing LOL
I caused a spike in BTC price

I run the altcoin scene now.. i am the decider !

[HCLivess]

It's my Altcoin bashing LOL
I caused a spike in BTC price

I run the altcoin scene now.. i am the decider !

The market maker you mean

[DASHfaucet]

What do you think guys - Which Altcoin will be pulled by Bitcoin as the first?

[duuuuude]

i think people are finally starting to get out of there BTC investment without to much of a haircut. Those who stay in are the real invester/speculaters.  We are about ot see what the community thinks of each alt as the new alt coin run up happens soon.


j

[tokeweed]

What do you think guys - Which Altcoin will be pulled by Bitcoin as the first?

Honestly?  I think it's LTC.  It has good volume, and China holds a shitton.  China loves pumping BTC.  Who knows...  Maybe LTC is next.    

Edit:  And by pump, I mean the kind that reaches double/triple digits.  And keep in mind the markets to watch out for when an LTC pump comes are LTC/USD and LTC/CNY, not LTC/BTC.  LTC usually cannot keep up with BTC's rise in fiat value.

[Spoetnik]

Time to Let Go of Your Altcoin and Buy Bitcoin

By the looks of things that is exactly what is happening.  Most everything taking a nose dive. If btc can settle down to a nice high price some alts will quickly recover. Those with lots of btc will buy up the bargain basement prices I'm sure.

No that is pure bullshit.
A few of you scam coin fans have been loitering around re-posting that.
And Market history contradicts you..

[rokkyroad]

Would be nice if bobsurplus took spoetnik under his wing and gave him some pointers on "how to make money on altcoins". He might cheer up if he makes a few bucks.

Come on bob ... take one for the team.

[USB-S]

Time to Let Go of Your Altcoin and Buy Bitcoin

By the looks of things that is exactly what is happening.  Most everything taking a nose dive. If btc can settle down to a nice high price some alts will quickly recover. Those with lots of btc will buy up the bargain basement prices I'm sure.

No that is pure bullshit.
A few of you scam coin fans have been loitering around re-posting that.
And Market history contradicts you..

Most of the markets are recovering already, and some are in the green. If bitcoin spikes again, alts will go red again.

[tokeweed]

Time to Let Go of Your Altcoin and Buy Bitcoin

By the looks of things that is exactly what is happening.  Most everything taking a nose dive. If btc can settle down to a nice high price some alts will quickly recover. Those with lots of btc will buy up the bargain basement prices I'm sure.

No that is pure bullshit.
A few of you scam coin fans have been loitering around re-posting that.
And Market history contradicts you..

Most of the markets are recovering already, and some are in the green. If bitcoin spikes again, alts will go red again.

Yeah.  Alts have a hard time keeping up with BTC's price surge in dollar amounts.  It should stay flat for alts to start trending up.

[tokeweed]

If you have mostly BTC, it might be a good idea to switch some to fiat and buy back lower.

I would prefer trading BTC for Nubits but there's not much volume and the spread sucks..  Due to lack of volume probably.