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Author Topic: Bitcoin marching to $5000, any hope to altcoins?  (Read 2320 times)
layoutph (OP)
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August 12, 2017, 03:58:41 AM
 #1

I noticed that while Bitcoin is go up with $3200,3300,3400 and 3500: altcoins are dumping? So if Bitcoin will reached 4000 my altcoins will dump more??

So what will happend to my previous altcoin bags from DCR at 15sats, STEEM at .008 , SC at 600sats.. All of them are -50% down. All of them are bought during Bitcoin correction last May-June 2017

Is there any hope from my bags? Should I sell all my altcoins to Bitcoin?

I appreciate any advice. Thank you
nasqar
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August 12, 2017, 04:33:12 AM
 #2

I hold my altcoins
Trading is high risk.

BTC is rising and there will be chance for altcoin.
It is better to rise fir btc as it may be worse if btc is splitted and dropping
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August 12, 2017, 04:36:24 AM
 #3

If you check on coinmarketcap.com for daily and 7-day % gainers, many altcoins are
gaining nicely too alongwith bitcoin. Others will rise in due course of time.
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August 12, 2017, 04:38:44 AM
 #4

BTC will reach 5000, but not in this wave. It's more possible that we will see btc on 2500-2700 level soon.

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August 12, 2017, 05:30:56 AM
 #5

I noticed that while Bitcoin is go up with $3200,3300,3400 and 3500: altcoins are dumping? So if Bitcoin will reached 4000 my altcoins will dump more??

So what will happend to my previous altcoin bags from DCR at 15sats, STEEM at .008 , SC at 600sats.. All of them are -50% down. All of them are bought during Bitcoin correction last May-June 2017

Is there any hope from my bags? Should I sell all my altcoins to Bitcoin?

I appreciate any advice. Thank you

Do not. Why do you have to be afraid of the fate of altcoin if bitcoin is reaching the moon? There is no assurance and certainty that when bitcoin gets stronger the altcoins will go down in the contrary. Look at how altcoins perform. Your investment will double and even triple in a day. That does not happen to bitcoin anymore. And so altcoin is still worth investing.

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August 12, 2017, 05:34:25 AM
 #6

If bitcoin reach 5000$ value, definitely Altcoins will increase also its value. A win-win situation for crypto currency. Invest on Alts with good project of course.


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Filmmmakerr
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August 12, 2017, 08:47:24 AM
 #7

If you check on coinmarketcap.com for daily and 7-day % gainers, many altcoins are
gaining nicely too alongwith bitcoin. Others will rise in due course of time.



This. Everything is rising, just pick some good coins. Ps, Steem may be a pump and dump type of coin.

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August 12, 2017, 10:18:22 AM
 #8

Yeah, I think if the growth continues to increase, the price of the altcoins will be let no chance and will get severely dumped. Better for us !
gedor
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August 12, 2017, 10:24:30 AM
 #9

If bitcoin reach 5000$ value, definitely Altcoins will increase also its value. A win-win situation for crypto currency. Invest on Alts with good project of course.

I don't expect bitcoin to hit $5000 before 2018, if so there might be huge crash but it will be also a oppurtunity to get cheap btc.
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August 12, 2017, 10:25:13 AM
 #10

BTC is raising to fiat, altcoins als are raising to fiat, but not to BTC, so IMHO BTC is pumped or altcoins are step behind BTC. Is my thinking correct?



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August 12, 2017, 10:38:09 AM
 #11

BTC is raising to fiat, altcoins als are raising to fiat, but not to BTC, so IMHO BTC is pumped or altcoins are step behind BTC. Is my thinking correct?

Correct. And I think, that a lot of money is going from alts to BTC at the moment, because people want to switch over to the faster train. But when the rise of BTC will slow down (or stop), this money will find its way back to the alts, and they will catch up. So good times for shorttime traders - but don't worry, if you are a longtermer.
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August 12, 2017, 10:47:28 AM
Last edit: August 13, 2017, 12:58:08 AM by groko271
 #12

I noticed that while Bitcoin is go up with $3200,3300,3400 and 3500: altcoins are dumping? So if Bitcoin will reached 4000 my altcoins will dump more??

So what will happend to my previous altcoin bags from DCR at 15sats, STEEM at .008 , SC at 600sats.. All of them are -50% down. All of them are bought during Bitcoin correction last May-June 2017

Is there any hope from my bags? Should I sell all my altcoins to Bitcoin?

I appreciate any advice. Thank you

When bitcoin pumps like it has since Aug1 I don't think you should look at alts value in Sat's. Best to check the true fiat value instead. For example XRP has dropped 5500 to 4600 but is still worth the same in my local currency.

I wonder how many others took advantage of bitcoin's pre-fork dip?  It has pumped $1200AUD since then.

XX
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August 12, 2017, 11:05:50 AM
 #13

I don't think altcoins are being dumped right now.
Instead they are getting small pumps as well. Don't look at btc referenced prices.
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August 12, 2017, 11:06:43 AM
 #14

beware  bitcoin to 2800  before 4000 !!!!                                                                                       
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August 12, 2017, 11:30:57 AM
 #15

A few months ago I'd say ninety percent of altcoins would be going to hell. But it seems that Bitcoin and alts are directly correlated.

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August 12, 2017, 11:40:32 AM
 #16

Btc pumps alts dump, btc dumps and alts still dump. Dah faq Shocked.

PS: The marketcap is over $130b and my bags are still bleeding Huh. Will know my fate after sys launches their BM. Embarrassed

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August 12, 2017, 11:44:37 AM
 #17

me   i sel my btc at 2500

the fuck crash
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August 12, 2017, 11:46:58 AM
 #18

If bitcoin reach $5000, it affects altcoins positively. When bitcoin increase too fast altcoins are dumped a little bit but then altcoins and bitcoin are pumped together.

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August 12, 2017, 11:47:46 AM
 #19

I can see the game is changing, less and less room for random shitcoins, quality projects and teams are must to gain attention.

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August 12, 2017, 11:49:54 AM
 #20

bitcoin marching to $10k-$13k, we will see market cap above 200 billion soon, very soon..

i remember the 2013 chart
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