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Author Topic: When does altcoins price pump begins?  (Read 3455 times)
criptix
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November 04, 2015, 12:48:58 PM
 #21

Good topic. I have been thinking about the same thing. I lately bought into alts in the anticipation of a giant rally to maximize my gains.

You think that altcoin rally hasn't begun yet? Think again. Alts are not falling against bitcoin, it means they are rallying with bitcoin. If you converted some of your BTC into alts, you are not in a loss in terms of BTC. It's a good sign. It means we have still a chance that alts will start surging against BTC.

99% of alts are loosing pretty bad against btc.
The only thing is ltc right now.
I agree with earlier posters that the alt pump will beginn wenn we are reaching a flatline or dumping in btc.

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November 04, 2015, 01:01:30 PM
 #22

Since BTC price started going up, all I see is almost every other altcoin being sold and dumped. At some point people re going to switch to altcoins and these are going to start getting pumped as well. This is what happened last time BTC went up and it s gonna happen again.

The main question is what price BTC needs to reach for alt to start facing some upward price pressures again.

I say about $600+. What do you think?

LTC, NMC, and PPC will be pumped as well. Check the charts of these and compare to bitcoin. They tend overshoot in value same like bitcoin, but the returns on these coins are crazy, that's why I'm thinking of investing on them after prices have gone low.

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November 04, 2015, 01:03:10 PM
 #23

Namecoin and Peercoin are going up.

XRP and DOGE will follow, because both are on their bottom nowadays.
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November 04, 2015, 01:15:41 PM
 #24

Well, LTC has always been the king of altcoins it will probably rise first. Then second hand altcoins like nmc ppc

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November 04, 2015, 01:16:29 PM
 #25

Well, the possibility of an Altcoin pump is the reason I'm focusing on the most prominent altcoins now. Have bought a bunch of LTC @ 0,0118 and plan to hoard still relative cheap NMC and PPC today. LTC is now around $5, PPC and NMC roughly $0,50.
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November 04, 2015, 01:44:09 PM
 #26

Or we can forget about everything that we are talking here and just ride Ethereum pump and dump wagon. They are down almost 50% for God's sake. And they have gone up 50% few day ago. Who is orchestrating this?

All of the other alts are down a lot today as well. There is a bloodbath currently on coinmarketcap!
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November 04, 2015, 01:48:40 PM
 #27

Or we can forget about everything that we are talking here and just ride Ethereum pump and dump wagon. They are down almost 50% for God's sake. And they have gone up 50% few day ago. Who is orchestrating this?

All of the other alts are down a lot today as well. There is a bloodbath currently on coinmarketcap!

I'm invested 10% in Peercoin, 30% in NuShares and 5% in BlockShares. Completely unaffected by the "bloodbath". My BTC holdings have not decreased at all.

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November 04, 2015, 02:53:45 PM
 #28

Since BTC price started going up, all I see is almost every other altcoin being sold and dumped. At some point people re going to switch to altcoins and these are going to start getting pumped as well. This is what happened last time BTC went up and it s gonna happen again.

The main question is what price BTC needs to reach for alt to start facing some upward price pressures again.

I say about $600+. What do you think?

let hope to see this but this time i dont think so
most of alt are steady but you never know they can go up in no time
so this may be good way to speculate which will be first in this



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November 04, 2015, 04:07:30 PM
 #29

Since BTC price started going up, all I see is almost every other altcoin being sold and dumped. At some point people re going to switch to altcoins and these are going to start getting pumped as well. This is what happened last time BTC went up and it s gonna happen again.

The main question is what price BTC needs to reach for alt to start facing some upward price pressures again.

I say about $600+. What do you think?

LTC, NMC, and PPC will be pumped as well. Check the charts of these and compare to bitcoin. They tend overshoot in value same like bitcoin, but the returns on these coins are crazy, that's why I'm thinking of investing on them after prices have gone low.

The returns are definitely crazy and I even think LTC outperformed BTC in 2013 (?). The issue is picking an alt with enough volume so that you can actually get out if it spikes!
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November 04, 2015, 04:27:59 PM
 #30

Good topic. I have been thinking about the same thing. I lately bought into alts in the anticipation of a giant rally to maximize my gains.

You think that altcoin rally hasn't begun yet? Think again. Alts are not falling against bitcoin, it means they are rallying with bitcoin. If you converted some of your BTC into alts, you are not in a loss in terms of BTC. It's a good sign. It means we have still a chance that alts will start surging against BTC.

99% of alts are loosing pretty bad against btc.
The only thing is ltc right now.
I agree with earlier posters that the alt pump will beginn wenn we are reaching a flatline or dumping in btc.

How do you conclude that? look at the top 100 http://coinmarketcap.com/ nearly all are surging with btc, and nearly all will drop with btc. That's the way it happened last time, that's the way it will probably happen this time.
The time to get into alts is when btc hits the top and starts coming back to earth. People new to crypto drawn in from the huge btc pump news will look for a second chance, as they missed the btc pump. I'm very much looking forward to jumping into alts again if btc does have a $3k+ pump, this last year has been a total waste of time for me trading them - nearly all my gains came in 2014.
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November 04, 2015, 04:34:19 PM
 #31

The alt market is directly affected by the enthusiasm of Bitcoin. Without Bitcoin succeed there is little alt succeed. I predict alts will come back roaring because there is always a market for speculators and people who missed the BTC train looking for the next best opportunity.
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November 04, 2015, 04:34:46 PM
 #32

Good topic. I have been thinking about the same thing. I lately bought into alts in the anticipation of a giant rally to maximize my gains.

You think that altcoin rally hasn't begun yet? Think again. Alts are not falling against bitcoin, it means they are rallying with bitcoin. If you converted some of your BTC into alts, you are not in a loss in terms of BTC. It's a good sign. It means we have still a chance that alts will start surging against BTC.

99% of alts are loosing pretty bad against btc.
The only thing is ltc right now.
I agree with earlier posters that the alt pump will beginn wenn we are reaching a flatline or dumping in btc.

How do you conclude that? look at the top 100 http://coinmarketcap.com/ nearly all are surging with btc, and nearly all will drop with btc. That's the way it happened last time, that's the way it will probably happen this time.
The time to get into alts is when btc hits the top and starts coming back to earth. People new to crypto drawn in from the huge btc pump news will look for a second chance, as they missed the btc pump. I'm very much looking forward to jumping into alts again if btc does have a $3k+ pump, this last year has been a total waste of time for me trading them - nearly all my gains came in 2014.

Look at the volume of them. There are only a handfull that have some volume.
Like i said time to go in is flatlining or dumping btc while we are rallying!

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crazyivan
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November 04, 2015, 04:38:46 PM
 #33

I think alts ll start raising once BTC reached its top and hopefully stays there for some time. Cause this ll be the moment where people re going to realize they missed their BTC change, AGAIN, and will start searching for alternatives to repeat the whole cycle.

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November 04, 2015, 05:07:35 PM
 #34

I guess that this is something that we were all wrong about. We all thought that when the next Bitcoin run starts, that alts will go up even more. And exactly opposite is happening. Alts are taking a beating.

Another thing in crypto world that we were wrong about. This just proves that sometimes nothing makes sense in this world.

About the alts, I think that people have just lost confidence in pretty much all of them.

This is what always happening in the first phase of the rally, people are dumping alts for BTC, the pump and dump business starts a week or two weeks later Smiley. We will see soon if alts will follow this scheme again.

Yup. It's like a tidal wave, which is actually preceded by a drop in the tide. In this case, I think the surge in alts relative to bitcoin comes when new investors feel the need to panic buy, but they fear they've missed the bitcoin boat. We're not yet to that point.

BTC: 14oTcy1DNEXbcYjzPBpRWV11ZafWxNP8EU
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November 04, 2015, 05:12:34 PM
 #35

Its THE TIME to buy Ethereum. Microsoft will reveal the details of partner next week.

https://bitcoinmagazine.com/articles/microsoft-partners-with-ethereum-company-offers-cloud-based-blockchain-application-development-platform-to-its-clients-1446484607
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November 04, 2015, 05:28:12 PM
 #36

I think as soon as you see the btc price start leveling out, thats when the alts will see some money coming in, ie people going from BTC-> LTC.  Then ltc will top shortly after the btc top is hit.  That seems to be the pattern
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November 04, 2015, 05:39:44 PM
 #37

I can't speak for anybody else but I won't be playing the altcoin game this time around. No matter how much pump & dump they do. They are literally garbage.
^^ This.

Tell me, how much infrastructure has been invested in alts? How many startups formed specifically for alts? How many institutional investors have interest/visibility to alts? How many merchants are adopting alts? etc. etc. etc.

Alts are just a speculation game that ends in zero. Enough people have been through that game to see where it ends and don't see a reason to play the game now.
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November 04, 2015, 06:57:51 PM
 #38

I can't speak for anybody else but I won't be playing the altcoin game this time around. No matter how much pump & dump they do. They are literally garbage.
^^ This.

Tell me, how much infrastructure has been invested in alts? How many startups formed specifically for alts? How many institutional investors have interest/visibility to alts? How many merchants are adopting alts? etc. etc. etc.

Alts are just a speculation game that ends in zero. Enough people have been through that game to see where it ends and don't see a reason to play the game now.

nubits is the first cryptocurrenct that solved the volatility problem. there is certainly need for cryptocurrencies that are not as volatile as bitcoin. you cannot argue that, you simply cannot. but generally you are right, 99% altcoins are trash.

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November 05, 2015, 07:44:56 AM
 #39

I can't speak for anybody else but I won't be playing the altcoin game this time around. No matter how much pump & dump they do. They are literally garbage.
^^ This.

Tell me, how much infrastructure has been invested in alts? How many startups formed specifically for alts? How many institutional investors have interest/visibility to alts? How many merchants are adopting alts? etc. etc. etc.

Alts are just a speculation game that ends in zero. Enough people have been through that game to see where it ends and don't see a reason to play the game now.

nubits is the first cryptocurrenct that solved the volatility problem. there is certainly need for cryptocurrencies that are not as volatile as bitcoin. you cannot argue that, you simply cannot. but generally you are right, 99% altcoins are trash.

I dont think there s such thing as solving volatility problems. Pumps and dumps will always take place as long as crypto does not become so widespread a single person or group of people cannot affect the price, due to huge volumes.

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November 05, 2015, 11:08:05 AM
 #40

I dont think there s such thing as solving volatility problems. Pumps and dumps will always take place as long as crypto does not become so widespread a single person or group of people cannot affect the price, due to huge volumes.

try pumping nubits then. it would be hilarious Cheesy or perhaps read their whitepaper at https://nubits.com/

nubits has held a steady peg of 1 USD for more than a year by now. it works incredibly well. what is more, it has paid quite a reasonable amount of dividends to the shareholders already

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