2016: Revenge of the Alts

[jehst]

all the alts you thought were dead are coming back with a vengeance.

even the ghosts of feathercoin and novacoin will come back.

hide your kids and hide your wife.

[maokoto]

Lol funny. You seem to be quite right here, recent Dogecoin price raise caught many unwarned. Cryptos aren't likely to die, when rumors struck BTC, then altcoins go up. Just too many to end.

[jehst]

Lol funny. You seem to be quite right here, recent Dogecoin price raise caught many unwarned. Cryptos aren't likely to die, when rumors struck BTC, then altcoins go up. Just too many to end.

not just doge.

Monero, ethereum, NXT, and many more are skyrocketing

[criptix]

yep i agree to this.

The Altcoins strikes back.

(btc ath this year)

[Coryvmcs1]

Altcoins will always be around and as long as alt's are so will btc. It works both ways. Alts diversify the market IMO.

[BellaBitBit]

Nice post title!  Yes, look at DOGE and ETH today!  Why are all of them moving now?

[Beachguy]

Just saw my wallet on an exchange jump like crazy....syscoin, paycoin and others all up.
VTC has jumped 82% ....whats going on???

[gjhiggins]

I've recently been mucking about with showing coinmarketcap's top (> 1 BTC) volumes and what % is coming from Chinese exchanges, here's a visual from about half an hour ago ...



Cheers

Graham

[CoinHoarder]

Today is a good day to be long on alt coins. I am glad I am 55% in alt coins today.

[jehst]

according to that picture, it's the chinese that are pumping all these alts

[Abiky]

I think that 2016 would be the year of the alt coins. Especially Ethereum, which is getting pumped too much. Prices have been constantly increasing over the past hours over the majority of alts. So that means it is the season to make profits with alts! All I am doing now is selling most alt coins I had for BTC as its price has gone lower recently in contrast to the alts.

If Chinese are getting into alts, then it is a good way to take advantage and go to the moon! Just my opinion. 

[criptix]

according to that picture, it's the chinese that are pumping all these alts

it is the chinese who are pumping all these coins 

[vrm86]

I think that 2016 would be the year of the alt coins. Especially Ethereum, which is getting pumped too much. Prices have been constantly increasing over the past hours over the majority of alts. So that means it is the season to make profits with alts! All I am doing now is selling most alt coins I had for BTC as its price has gone lower recently in contrast to the alts.

If Chinese are getting into alts, then it is a good way to take advantage and go to the moon! Just my opinion. 

I am afraid that pumping price to perform epic dump is not good thing for any coin. Perspective of easy and fast earning is tempting but:
1) you must have good timing to not miss the dump
2) after dump usually there is nothing left from the previous hype, so I would be more moderate with expectations about future of particular coin

[tokeweed]

all the alts you thought were dead are coming back with a vengeance.

even the ghosts of feathercoin and novacoin will come back.

hide your kids and hide your wife.

Could be...  The only way to profit is for the insiders, whales or whoever to pump these coins.

[The Sceptical Chymist]

This is craziness.  Now being a frequenter of the speculation section, I have to say:  Did anyone predict this was going to happen? 

And it figures that I sold all my DOGE months ago.  I have a very bad habit of selling too soon.  Ugh.

[kelsey]

according to that picture, it's the chinese that are pumping all these alts

it is the chinese who are pumping all these coins 

not just chinese on chinese exchanges, these exchanges because of the vol (and often no trading fees) attract big traders from all nationalities.

[hl5460]

I've recently been mucking about with showing coinmarketcap's top (> 1 BTC) volumes and what % is coming from Chinese exchanges, here's a visual from about half an hour ago ...



Cheers

Graham

Great info!I shall relay this to the Chinese community.
Do you still keep counting the alts? Some are announced on 8btc only. http://8btc.com/forum-43-1.html

[Za1n]

This is craziness.  Now being a frequenter of the speculation section, I have to say:  Did anyone predict this was going to happen? 

And it figures that I sold all my DOGE months ago.  I have a very bad habit of selling too soon.  Ugh.

Fortunately, I still had a few mil doge in an wallet that I finally gave up today. Figure with this huge of a spike, I can buy them all back when they drop back down into the 30's and still retain a decent profit. Then I will wait another 6 months for the next spike.

[pc888]

I've recently been mucking about with showing coinmarketcap's top (> 1 BTC) volumes and what % is coming from Chinese exchanges, here's a visual from about half an hour ago ...



Cheers

Graham

These charts are very useful - thanks.

[pc888]

Btw, it maybe worth taking a good look at BTA