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Author Topic: Bitcoin AND the Altcoins are moving up.. Pushing ATH's for global CC markets..  (Read 1752 times)
iamnotback
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April 09, 2017, 06:15:55 AM
 #41

Any marketcap other than bitcoin's is a smoke and mirror illusion, any marketcap lower than $10B should not even be considered because some big investors could easily manipulate the entire ecosystem but not with marketcap above $10-$15B as the risks are too high for a few big whales.
So I wouldn't count on alts that much.

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April 09, 2017, 07:06:33 AM
 #42

Bull mode.. time

http://coinmarketcap.com/charts/

then click the 26 billion market cap at the top

That altmarket will crash sooner or later. This is an obviously bubble and the reason the overall cap is that high at the moment!
I'm just hoping a bit of that money flows into Bitcoin.
Maybe we will be able to hold an overall marketcap of 23-24 billion after the alt bubble popped with 21-22 billion being in Bitcoin.
Then I will be happy.  Grin

well bitcoin marketcap is alraedy at 19.25 billion dollar and to reach 21 it has to be worth $1300+ which i don't think is going to happen at least for 2 more months.
and the rest of the marketcap is worthless and useless coins. they are tokens being traded by whales during pumps and then dumped in the bags of bagholders buying them on top. i don't think we can really compare them with bitcoin which has real value as a currency



A price of 1300+ is possible and it will happen.Furthermore I did not gave any time frame. When the alt bubble pops, a significant amount of that profits will flow into Bitcoin. Maybe this then will be the start of the next Bitcoin bubble, what I hope is not going to happen as a I prefer a healthy and steady rise.

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