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Author Topic: Unlike alts Bitcoin will not crash  (Read 1973 times)
Wind_FURY
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May 20, 2017, 02:08:13 AM
 #21

The alts don't seem to be crashing anytime soon. Look at their valuations - they just keep rising.
Bitcoin dominance has crashed below 50% and it looks like it will stay there for some time.

That is true. What we must find out is how long these valuations and high market capitalizations on altcoins can be maintained. This is a bubble and a time will come that everything must contract. People will lose Bitcoin value by trading altcoins. That always happens after a bull market.

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May 20, 2017, 06:59:15 AM
 #22

The alts don't seem to be crashing anytime soon. Look at their valuations - they just keep rising.
Bitcoin dominance has crashed below 50% and it looks like it will stay there for some time.

That is true. What we must find out is how long these valuations and high market capitalizations on altcoins can be maintained. This is a bubble and a time will come that everything must contract. People will lose Bitcoin value by trading altcoins. That always happens after a bull market.
I always think this is the manipulation of the market and I am quite sure that such actions can be regarded as fraud in the crypto currency market. Because you will agree that in themselves the prices for altcoin or Bitcoin can not jump so much.

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May 20, 2017, 10:34:49 AM
 #23

The alts don't seem to be crashing anytime soon. Look at their valuations - they just keep rising.
Bitcoin dominance has crashed below 50% and it looks like it will stay there for some time.

That is true. What we must find out is how long these valuations and high market capitalizations on altcoins can be maintained. This is a bubble and a time will come that everything must contract. People will lose Bitcoin value by trading altcoins. That always happens after a bull market.
This happens often with the users. If they have held the coin in the wallet they might have profited big than what they made through trading. Based on the price increase and decrease people decide upon the trading strategies. With the high volatility nature the value loss happens, but this time the price looks quite good even with the altcoins. So crash won't be happening anymore.



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May 20, 2017, 11:47:05 AM
 #24

After they had their successful pump in a few altcoins one by one their time of dumping is coming and going and idiots will once again buy them in hopes of getting rich.

Now it is Bytecoin turn, go and buy as much as you want and let them dump billions on some poor bastard just like all the ponzi schemes, scammers found a new way which is what we are witnessing in past 2 month in crypto.

Even I was able to mine Bytecoin on a crappy laptop, now imagine some body with 50 GPU-CPU in a basement was able to mine God knows how many.

People wont even look at altcoins infrastructure they just deposit BTC on an exchange and start buying knowing they are participating in a ponzi or just don't know what that is and will enter regardless.

I'm waiting for Bitcoin to crash back to sub 1k but facts are undeniable, more miners are joining the race and I'm speculating another surprise as a price increase who knows maybe to $2400?

Don't be surprise for that since its normally happen and knowledgable traders expected to buy those dumped altcoins who have potential since they can provably earn more for just staking those coins who have great futures ahead. And dumping of alts is truly expected if bitcoins price will soar up since many of us surely drops our alts and trade it with bitcoins since we can earn more than doing that unlike if we stake on temporarily falling coin.


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May 20, 2017, 12:59:56 PM
 #25

look,  alts and BTC have risen dramatically in the past few months...any or all could crash
but,  do you really think blockchain tech is not going to be massively adopted?  Think about that in a longer term view

I believe it is prudent to diversify your crypto investments -  and trim some holdings for fiat as the prices go up.  This way,  you have dry powder for the inevitable dips.   But,  importantly,  don't forget to buy the dips and crashes!
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May 20, 2017, 01:13:39 PM
 #26

New investors are entering into crypto world with the plan of diversifying their capital across bitcoins and altcoins. There are enough awareness with these people not to go all with one single instruments and I feel this would be the reasons altcoins are standing strong when bitcoin is trading near $2000 levels.

What we must find out is how long these valuations and high market capitalizations on altcoins can be maintained.
There will not be any problem when new people come and buy some altcoins. As long as new money flow happens, I guess they will keep their capitalization competitive.


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May 20, 2017, 05:56:57 PM
 #27

There is not much of demand on altcoin, these demands are just fake trades luring unsuspecting investor to think that the altcoin is stable and will rise in price and buy this altcoin.  So I agree that bitcoin will not crash hard, there maybe some correction but it is normal when bitcoin is rising too fast.

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May 20, 2017, 06:00:06 PM
 #28

Not enough people are taking Japan into account. The laws regarding crypto only recently passed there and there are some very legitimate options coming in terms of exchanges.

I'm not completely sure which coins are or are not fully approved, but it seems that they've gone a bit batty for Ripple at least. Japan could ruin any plans for crashes for quite a while.

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May 20, 2017, 07:02:06 PM
 #29

I believe it is prudent to diversify your crypto investments -  and trim some holdings for fiat as the prices go up.  This way,  you have dry powder for the inevitable dips.   But,  importantly,  don't forget to buy the dips and crashes!

Pretty much this. Bitcoin elitists seem to think that their technology is the be all and end all. They speak of investing in the blockchain technology, yet they shun others for investing in further improvements of the technology that are only presenting themselves in altcoins right now.

Bitcoin elitists will make money, but their closed-mindedness, and arrogance, has cost them many more gains. Money is pumping and dumping into and out of altcoins relative to Bitcoin, much like Bitcoin did to fiat in its early days (and to a less extent, now). Wave #2 of early adopters, at least from our own point of view, will not be of Bitcoin, but of some other successful cryptocurrencies. With that said, altcoins are in a bubble, but these bubbles will only continue to grow in the long term, in exactly the same way Bitcoin has.
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May 21, 2017, 03:34:31 AM
 #30

The alts don't seem to be crashing anytime soon. Look at their valuations - they just keep rising.
Bitcoin dominance has crashed below 50% and it looks like it will stay there for some time.

That is true. What we must find out is how long these valuations and high market capitalizations on altcoins can be maintained. This is a bubble and a time will come that everything must contract. People will lose Bitcoin value by trading altcoins. That always happens after a bull market.
I always think this is the manipulation of the market and I am quite sure that such actions can be regarded as fraud in the crypto currency market. Because you will agree that in themselves the prices for altcoin or Bitcoin can not jump so much.

If that is what you think then the regulators should arrest all the billionaires who are involved in trading the stock markets and forex markets around the world. No market is free of fraud and manipulation.

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May 21, 2017, 03:50:00 AM
 #31

After they had their successful pump in a few altcoins one by one their time of dumping is coming and going and idiots will once again buy them in hopes of getting rich.

Now it is Bytecoin turn, go and buy as much as you want and let them dump billions on some poor bastard just like all the ponzi schemes, scammers found a new way which is what we are witnessing in past 2 month in crypto.

Even I was able to mine Bytecoin on a crappy laptop, now imagine some body with 50 GPU-CPU in a basement was able to mine God knows how many.

People wont even look at altcoins infrastructure they just deposit BTC on an exchange and start buying knowing they are participating in a ponzi or just don't know what that is and will enter regardless.

I'm waiting for Bitcoin to crash back to sub 1k but facts are undeniable, more miners are joining the race and I'm speculating another surprise as a price increase who knows maybe to $2400?

Most of the alt coins are created for a reason of gaining monetary benefits in a small space of time and to accomplish that DEv and the traders play a pump dump games and earn good making the ordinary person loss.
Bitcoin is not such a coin and its a real future. If you are excepting it to fall back after reaching 2400$, you are totally wrong. Once reach 2400$, it will move more fastly towards 3000$.

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pooya87
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May 21, 2017, 04:52:53 AM
 #32

you haven't seen the real bitcoin price rise yet. this is nothing compared to what will come in the future, this is mostly because of the "news about Japan" and the fact that they have finally legalized bitcoin as a legal payment method.

just wait until a couple of these "bitcoin is accepted here" signs go up in Japan by the merchants (and remember that Japan has 24 million tourists each year and is ranked 4th among countries like that). that is when the real adoption starts kicking in and the price goes to the real moon.

i put some thoughts here: https://bitcointalk.org/index.php?topic=1906607.0 lets see how long does it take for them to come true.

RoyBatty
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May 21, 2017, 06:39:01 AM
 #33

Lol can't understand for the life of me why BTC hodlers are so impassioned by the increase in alts. If you're a hodler buy and fucking hodl. I'm a hodler AND I flip alts for extra profit. Couldn't care less. BTC is top dog and will be for some time, but that's not gonna stop me from profiting on alts.
senyorito123
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May 21, 2017, 06:43:05 AM
 #34

After they had their successful pump in a few altcoins one by one their time of dumping is coming and going and idiots will once again buy them in hopes of getting rich.

Now it is Bytecoin turn, go and buy as much as you want and let them dump billions on some poor bastard just like all the ponzi schemes, scammers found a new way which is what we are witnessing in past 2 month in crypto.

Even I was able to mine Bytecoin on a crappy laptop, now imagine some body with 50 GPU-CPU in a basement was able to mine God knows how many.

People wont even look at altcoins infrastructure they just deposit BTC on an exchange and start buying knowing they are participating in a ponzi or just don't know what that is and will enter regardless.

I'm waiting for Bitcoin to crash back to sub 1k but facts are undeniable, more miners are joining the race and I'm speculating another surprise as a price increase who knows maybe to $2400?

Most of the alt coins are created for a reason of gaining monetary benefits in a small space of time and to accomplish that DEv and the traders play a pump dump games and earn good making the ordinary person loss.
Bitcoin is not such a coin and its a real future. If you are excepting it to fall back after reaching 2400$, you are totally wrong. Once reach 2400$, it will move more fastly towards 3000$.

Well provably your thoughts will come true but we can't elimanate those people who would provably spread some hypes so that they can make bitcoins price crush for a while and it is proven that this thing really happen unto it. But if all of us will cooperate with this surely the 3000$ speculation will come in reality and that would be the good thing for us to see.

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ekoice
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May 21, 2017, 10:08:12 AM
 #35

It always surprises me how people have ridiculous thoughts and desires. Some here want for Bitcoin price to crash under 1000$ so they can buy it but and immediately after that they want the price to rise over 2500$ so that they could become rich over night. Bitcoin market is not functioning like this and not listening to someone's desires. Get serious.
Yes,if any one wants bitcoin price to crash under $1000,i think it would only remain as a dream and its far away from reality at this time.Bitcoin is going in bullish trend and its already predicted that it would move through out this year in the same trend.Just don't miss the train.
Denker
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May 21, 2017, 11:25:22 AM
 #36

you haven't seen the real bitcoin price rise yet. this is nothing compared to what will come in the future, this is mostly because of the "news about Japan" and the fact that they have finally legalized bitcoin as a legal payment method.

just wait until a couple of these "bitcoin is accepted here" signs go up in Japan by the merchants (and remember that Japan has 24 million tourists each year and is ranked 4th among countries like that). that is when the real adoption starts kicking in and the price goes to the real moon.

i put some thoughts here: https://bitcointalk.org/index.php?topic=1906607.0 lets see how long does it take for them to come true.

I agree with you that Bitcoin has lots of upside potential.
But what scares me is that the recent altcoin speculators will get burned so bad, when that bubble pops, that even Bitcoin will not be an option for them anymore. Japan could screw it up again.
At least this is a scenario we have to take into consideration imo. So although Bitcoin isn't in a bubble yet or mostly at the beginning of getting into one, the crash of the altcoins, which will happen, may take Bitcoin down as well to a certain level.
This feels like dotcom to me what's going on right now with the alts. We will see a lot of blood. People who will lose a fortune cause of greed will cry for regulation and so on.

Przemax
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May 21, 2017, 05:13:47 PM
 #37

Bitcoin will crash when all of the other coins markets will be crashing down. Ofcourse in the bitcoin market that will be just a correction compared to the alts massacre.

It always happens like this. Major alts when crash down takes bitcoin with itself. It makes absolutely no sense other than panic. As people are changing their shitcoins to bitcoin and when they see that bitcoin is tanking as well, they dump the bitcoins to fiat as well. It makes no sense, other than human psychology and possibly manipulation as well.


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May 22, 2017, 02:20:24 AM
 #38

you haven't seen the real bitcoin price rise yet. this is nothing compared to what will come in the future, this is mostly because of the "news about Japan" and the fact that they have finally legalized bitcoin as a legal payment method.

That is merely speculation on your part because we may not see "the real Bitcoin price rise" or this is already the real price rise.

Quote
just wait until a couple of these "bitcoin is accepted here" signs go up in Japan by the merchants (and remember that Japan has 24 million tourists each year and is ranked 4th among countries like that). that is when the real adoption starts kicking in and the price goes to the real moon.

I disagree. The growth of Bitcoin will coincide with the growth of the dark markets where Bitcoin its use case makes the most sense.



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coynedterm
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May 22, 2017, 02:28:20 AM
 #39

After they had their successful pump in a few altcoins one by one their time of dumping is coming and going and idiots will once again buy them in hopes of getting rich.

Now it is Bytecoin turn, go and buy as much as you want and let them dump billions on some poor bastard just like all the ponzi schemes, scammers found a new way which is what we are witnessing in past 2 month in crypto.

Even I was able to mine Bytecoin on a crappy laptop, now imagine some body with 50 GPU-CPU in a basement was able to mine God knows how many.

People wont even look at altcoins infrastructure they just deposit BTC on an exchange and start buying knowing they are participating in a ponzi or just don't know what that is and will enter regardless.

I'm waiting for Bitcoin to crash back to sub 1k but facts are undeniable, more miners are joining the race and I'm speculating another surprise as a price increase who knows maybe to $2400?
Well I didn't bought any of the single altcoin of the xbyte , but surely Thier are many altcoin which have no wallet ( I mean their wallet get offline and coin get stopped to mine ) but still they are at the exchange , here the big example is that many altcoins are in this market of cryptocurrency   that are having this quality .
Two exchange , one is yobit.net and second is cryptopia  , both of them are having lots of dead coins , and most of the dead coins have no wallet to withdraw ( and most of them remain offline ) .
So here in my opinion , before to by any altcoin , we should check at the all news and atleast status of the altcoin is what ? .


Note: Well here I am not trolling any exchange , I am talking about the dead coins that are still in few exchange .


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bohr
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May 22, 2017, 10:06:13 PM
 #40

After they had their successful pump in a few altcoins one by one their time of dumping is coming and going and idiots will once again buy them in hopes of getting rich.

Now it is Bytecoin turn, go and buy as much as you want and let them dump billions on some poor bastard just like all the ponzi schemes, scammers found a new way which is what we are witnessing in past 2 month in crypto.

Even I was able to mine Bytecoin on a crappy laptop, now imagine some body with 50 GPU-CPU in a basement was able to mine God knows how many.

People wont even look at altcoins infrastructure they just deposit BTC on an exchange and start buying knowing they are participating in a ponzi or just don't know what that is and will enter regardless.

I'm waiting for Bitcoin to crash back to sub 1k but facts are undeniable, more miners are joining the race and I'm speculating another surprise as a price increase who knows maybe to $2400?
If you think the price can get as high as 2400 before going down then take the opportunity and buy now earn good money in just a few weeks or day and then sell and wait for the price reduction and make even more money.

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