Bitcoin Forum
November 18, 2017, 04:41:34 AM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: What will happen to Altcoins on July 2016?  (Read 779 times)
KingZee
Sr. Member
****
Offline Offline

Activity: 364



View Profile
December 30, 2015, 02:43:24 PM
 #1

As we all know the halving is coming up later on this year. Rewards for miners reduced to half, some might leave, making the supply rate for bitcoin decrease by a good amount. That should cause the value to increase, making the whole bitcoin economy bounce again.

But the question that I ask myself sometimes, is what will happen to altcoins by then? Would they follow bitcoin's chart, since the supply of bitcoin will lose speed, some miners will switch from mining bitcoin to altcoin, and interest in them would grow?

Or will the increase in value of bitcoin, cause a massive sell in most major altcoins, reducing their price proportionally to bitcoin's rise?
I would like to get your opinions if possible. Cheers!
"This isn't the kind of software where we can leave so many unresolved bugs that we need a tracker for them." -- Satoshi
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1510980094
Hero Member
*
Offline Offline

Posts: 1510980094

View Profile Personal Message (Offline)

Ignore
1510980094
Reply with quote  #2

1510980094
Report to moderator
tokeweed
Legendary
*
Offline Offline

Activity: 1582


Love, Life and Laughter...


View Profile
December 30, 2015, 03:40:19 PM
 #2

Who knows.  Just be prepared for anything when an altcoin trends up or trends down.

.BitDice.               ▄▄███▄▄
           ▄▄██▀▀ ▄ ▀▀██▄▄
      ▄▄█ ▀▀  ▄▄█████▄▄  ▀▀ █▄▄
  ▄▄██▀▀     ▀▀ █████ ▀▀     ▀▀██▄▄
██▀▀ ▄▄██▀      ▀███▀      ▀██▄▄ ▀▀██
██  ████▄▄       ███       ▄▄████  ██
██  █▀▀████▄▄  ▄█████▄  ▄▄████▀▀█  ██
██  ▀     ▀▀▀███████████▀▀▀     ▀  ██
             ███████████
██  ▄     ▄▄▄███████████▄▄▄     ▄  ██
██  █▄▄████▀▀  ▀█████▀  ▀▀████▄▄█  ██
██  ████▀▀       ███       ▀▀████  ██
██▄▄ ▀▀██▄      ▄███▄      ▄██▀▀ ▄▄██
  ▀▀██▄▄     ▄▄ █████ ▄▄     ▄▄██▀▀
      ▀▀█ ▄▄  ▀▀█████▀▀  ▄▄ █▀▀
           ▀▀██▄▄ ▀ ▄▄██▀▀
               ▀▀███▀▀
        ▄▄███████▄▄
     ▄███████████████▄
    ████▀▀       ▀▀████
   ████▀           ▀████
   ████             ████
   ████ ▄▄▄▄▄▄▄▄▄▄▄ ████
▄█████████████████████████▄
██████████▀▀▀▀▀▀▀██████████
████                   ████
████                   ████
████                   ████
████                   ████
████                   ████
████▄                 ▄████
████████▄▄▄     ▄▄▄████████
  ▀▀▀█████████████████▀▀▀
        ▀▀▀█████▀▀▀
▄▄████████████████████████████████▄▄
██████████████████████████████████████
█████                            █████
█████                            █████
█████                            █████
█████                            █████
█████                     ▄▄▄▄▄▄▄▄▄▄
█████                   ▄█▀▀▀▀▀▀▀▀▀▀█▄
█████                   ██          ██
█████                   ██          ██
█████                   ██          ██
██████████████████▀▀███ ██          ██
 ████████████████▄  ▄██ ██          ██
   ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ██          ██
             ██████████ ██          ██
           ▄███████████ ██████▀▀██████
          █████████████  ▀████▄▄████▀
[/]
BitcoinNational
Legendary
*
Offline Offline

Activity: 1260



View Profile
December 31, 2015, 05:15:11 AM
 #3

Yeah BTC halves.  Still dropping how many coins on the market every day for 4 years more?
Math that out Wink  

The only way BTC goes to the MOON loonie toonie again is if it becomes the replacement to the dollar, and that means central bankers from Beijing to Singapore to Zurich to DC start buying it out.

The market cap of BTC is just about right. BTC is a payment rail of about $40M-$129M per day.
Sure it might peg high again @ $12-25B but then it will just drift south for 3-4 years.

I hear $650 talking in the street, maybe.  Burn some to the MOON! noobs by runnin it back down 'hard' to test $180 supports.

.SPECTRE.                ▄▄███▄▄
            ▄▄███▀▀▀▀▀███▄▄
▄▄      ▄▄███▀▀ ▄▄███▄▄ ▀▀███▄▄      ▄▄
████▄▄  ▀▀▀ ▄▄███████████▄▄ ▀▀▀  ▄▄████
  ▀▀████▄    ▀▀█████████▀▀    ▄████▀▀
 ██▄▄ ▀██ █▄▄    ▀▀▀▀▀    ▄▄█ ██▀ ▄▄██
 ▀▀███ ██ █████▄       ▄█████ ██ ███▀▀
      ██ ███████▄   ▄███████ ██
       ██ ████████   ████████ ██
       ██▄▄ ▀▀████   ████▀▀ ▄▄██
        ▀▀███▄▄ ▀▀   ▀▀ ▄▄███▀▀
            ▀▀███▄▄▄▄▄███▀▀
                ▀▀███▀▀
             │
     │      ███
     │      ███
    │     ███
███  │     ███
███ ███ ███ ███
███ ███ ███ ███
███ ███ ███ ███
███ ███ ███ ███
███ ███     │
███ ███     │
    │
 
▬▬     WHITEPAPER    ▬▬
FACEBOOK     TELEGRAM
TWITTER     SLACK     MEDIUM
.
PRE-SALE.
PUBLIC SALE.
stoat
Sr. Member
****
Offline Offline

Activity: 322


View Profile
December 31, 2015, 02:28:57 PM
 #4

Yeah BTC halves.  Still dropping how many coins on the market every day for 4 years more?
Math that out Wink  

The only way BTC goes to the MOON loonie toonie again is if it becomes the replacement to the dollar, and that means central bankers from Beijing to Singapore to Zurich to DC start buying it out.

The market cap of BTC is just about right. BTC is a payment rail of about $40M-$129M per day.
Sure it might peg high again @ $12-25B but then it will just drift south for 3-4 years.

I hear $650 talking in the street, maybe.  Burn some to the MOON! noobs by runnin it back down 'hard' to test $180 supports.

Runnin'?  Why do you type like a war boy from mad max?

0x8d1b4e41652eacec5715dc5c4833f6b713573de6 If you agree with me, please support a friend of mine in need.
BitcoinNational
Legendary
*
Offline Offline

Activity: 1260



View Profile
December 31, 2015, 04:45:35 PM
 #5

War Boys Ride Chrom-Plated V8 sytle to Valhalla!
WITNESS!!!

.SPECTRE.                ▄▄███▄▄
            ▄▄███▀▀▀▀▀███▄▄
▄▄      ▄▄███▀▀ ▄▄███▄▄ ▀▀███▄▄      ▄▄
████▄▄  ▀▀▀ ▄▄███████████▄▄ ▀▀▀  ▄▄████
  ▀▀████▄    ▀▀█████████▀▀    ▄████▀▀
 ██▄▄ ▀██ █▄▄    ▀▀▀▀▀    ▄▄█ ██▀ ▄▄██
 ▀▀███ ██ █████▄       ▄█████ ██ ███▀▀
      ██ ███████▄   ▄███████ ██
       ██ ████████   ████████ ██
       ██▄▄ ▀▀████   ████▀▀ ▄▄██
        ▀▀███▄▄ ▀▀   ▀▀ ▄▄███▀▀
            ▀▀███▄▄▄▄▄███▀▀
                ▀▀███▀▀
             │
     │      ███
     │      ███
    │     ███
███  │     ███
███ ███ ███ ███
███ ███ ███ ███
███ ███ ███ ███
███ ███ ███ ███
███ ███     │
███ ███     │
    │
 
▬▬     WHITEPAPER    ▬▬
FACEBOOK     TELEGRAM
TWITTER     SLACK     MEDIUM
.
PRE-SALE.
PUBLIC SALE.
BitcoinNational
Legendary
*
Offline Offline

Activity: 1260



View Profile
December 31, 2015, 04:51:13 PM
 #6

But about what happens to ALTs ... well the die off is hard and fast already ... if you don't have clue on the actually FLO of value already and are not currently positioned in the right flow channels then DINOSAUReX ... but by July? ... well the wise to wisdom of events are already wise to what happens NXT ... BTC will hit a high note then drop the BASS hard and low mos def ... so ALTs (still existent) are a safe harbor granted they know how to protect market cap in such situations.

YEAR 2015 signing off.

.SPECTRE.                ▄▄███▄▄
            ▄▄███▀▀▀▀▀███▄▄
▄▄      ▄▄███▀▀ ▄▄███▄▄ ▀▀███▄▄      ▄▄
████▄▄  ▀▀▀ ▄▄███████████▄▄ ▀▀▀  ▄▄████
  ▀▀████▄    ▀▀█████████▀▀    ▄████▀▀
 ██▄▄ ▀██ █▄▄    ▀▀▀▀▀    ▄▄█ ██▀ ▄▄██
 ▀▀███ ██ █████▄       ▄█████ ██ ███▀▀
      ██ ███████▄   ▄███████ ██
       ██ ████████   ████████ ██
       ██▄▄ ▀▀████   ████▀▀ ▄▄██
        ▀▀███▄▄ ▀▀   ▀▀ ▄▄███▀▀
            ▀▀███▄▄▄▄▄███▀▀
                ▀▀███▀▀
             │
     │      ███
     │      ███
    │     ███
███  │     ███
███ ███ ███ ███
███ ███ ███ ███
███ ███ ███ ███
███ ███ ███ ███
███ ███     │
███ ███     │
    │
 
▬▬     WHITEPAPER    ▬▬
FACEBOOK     TELEGRAM
TWITTER     SLACK     MEDIUM
.
PRE-SALE.
PUBLIC SALE.
lumeire
Legendary
*
Offline Offline

Activity: 1246



View Profile
December 31, 2015, 06:43:14 PM
 #7

If I'd be realistic I'd say the last of your three predictions would be the most probable. In the case BTCBTCBTC price would rise again sky-high like the last halving everyone would want a piece of the pie and hence cash out as BTCBTCBTCs. I mean everyone.

Perhaps then another altcoin bonanza like back in 2014 will happen.

Or will the increase in value of bitcoin, cause a massive sell in most major altcoins, reducing their price proportionally to bitcoin's rise?
I would like to get your opinions if possible. Cheers!

maokoto
Hero Member
*****
Offline Offline

Activity: 770


✪ NEXCHANGE | BTC, LTC, ETH & DOGE ✪


View Profile WWW
December 31, 2015, 06:48:07 PM
 #8

Good question that makes for a good reflection. My point is that people will not leave altcoins because of the BTC price going up. I have noticed that, sometimes, a BTC price raises does not affect the price in BTC of some altcoins (which means that the alt also raises price).  Even with hundreds of altcoins at different prices, people do not get discouraged, so I think they will stay.

And yes, I think mining or staking altcoins will probably get a revival.

vlom
Legendary
*
Offline Offline

Activity: 826



View Profile WWW
December 31, 2015, 07:35:21 PM
 #9

i don't know what will happen with the BTC price. and i don't expect some direction neither.

what i expect is, that if BTC goes up, then a lot of ALTs will be sold just to sell the BTC afterwards. this happened at during the last bubble too.


defaultking
Full Member
***
Offline Offline

Activity: 140


★Bitvest.io★ Play Plinko or Invest!


View Profile
December 31, 2015, 08:33:17 PM
 #10

I don't know what will happen, but I think if altcoin prices drop I may try and time when I think BTC will peak and switch over all my BTCs to several different altcoins. That way when the price of bitcoin drops and levels off the price of altcoins hopefully will go back up, which would be a win win Cheesy.

Now if only that were true and I knew exactly what altcoins to invest in  Undecided

hashtag101
Sr. Member
****
Offline Offline

Activity: 397



View Profile
January 01, 2016, 05:56:51 AM
 #11

Suppy and demand sometimes arent the only factors. BTC could go down. If it was guaranteed, we could all go all in.

So what will happen to alts? I think the rising complexity mixed with flirting with real world usage will continue to take hold

██
█║█
║║║
║║║
█║█
██
'BTC MULTI-WALLET SOON'
▬▬▬ Download WHITEPAPER ▬▬▬

                    ▄██▄
                  ▄██████▄
                ▄██████████
              ▄██████████▀   ▄▄
            ▄██████████▀   ▄████▄
          ▄██████████▀    ████████▄
         ██████████▀      ▀████████
         ▀███████▀   ▄███▄  ▀████▀   ▄█▄
    ▄███▄  ▀███▀   ▄███████▄  ▀▀   ▄█████▄
  ▄███████▄      ▄██████████     ▄█████████
  █████████    ▄██████████▀    ▄██████████▀
   ▀█████▀   ▄██████████▀    ▄██████████▀
     ▀▀▀   ▄██████████▀    ▄██████████▀
          ██████████▀    ▄██████████▀
          ▀███████▀      █████████▀
            ▀███▀   ▄██▄  ▀█████▀
                  ▄██████▄  ▀▀▀
                  █████████
                   ▀█████▀
                     ▀▀▀
e i d o o
██

███▀▀
▐▐▌
▐▌
▐▌
▐▐▌
███▄▄
▀▀███
▐▌▌
▐▌
▐▌
▐▌▌
▄▄███
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!