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Author Topic: Bitcoin marching to $5000, any hope to altcoins?  (Read 2362 times)
cryptocortex
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August 13, 2017, 06:11:50 PM
 #41

In general alts fall faster than BTC but rise faster too. There is often some delay though, and a surge in BTC will be followed by a surge in alts. My advice is to hold your alts.
This pattern has proven to be true in recent months. But the question is how much these alts will be able to follow the Bitcoin's performance. For altcoins it is more difficult, since speculation is the biggest usecase of 99% of them.

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omonuyak
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August 13, 2017, 06:50:05 PM
 #42

Bitcoin may touch $5000 before the end of this year and many altcoins may also take the part of bitcoin very soon. I will advise you oP to keep your coins as during bitcoin correct you can easily sell them for profit. You should  follow the history on how this market work and you will understand that holding your steem and others coins is better when bitcoin is going up.
Middleway
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August 13, 2017, 07:03:18 PM
 #43

BTC going up should mean most altcoins will go up to.
Sephire
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August 13, 2017, 07:17:56 PM
 #44

Many alts are pumping nicely while others are flat or down smallish. BTC is not going to stop
any time soon and most alts will follow it UP.
tleilaxu_eyes
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August 13, 2017, 07:56:41 PM
Last edit: August 13, 2017, 08:50:21 PM by tleilaxu_eyes
 #45

I would actually be buying altcoins if the price of BTC was inflated and the price of altcoins deflated. Once BTC calms down a little bit altcoins will spring up like when a big brother jumps on the trampoline as the little brother is about to go up.

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rayk
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August 13, 2017, 08:16:29 PM
 #46

I think there will be huge crash or correction, bitcoin is now $4000 but in a few weeks it might be $3000 or even $2000.
cramcram21
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August 13, 2017, 08:29:08 PM
 #47

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
I think that alts still have a future let's just wait till the alts pump up,
But for now lets enjoy the bitcoin price pumping high to the sky and hope that the alts would be pump too.

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August 14, 2017, 10:22:44 PM
 #48

i think yes.
but the good Alt in my research is Ethereum the price is still stable
and the price of Bitcoin now  8/15/2017 is  $4300..
still ethereum manage to be stable

https://www.coindesk.com/ethereum-price/
heres the link

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williamuk
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August 14, 2017, 10:28:42 PM
 #49

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

I think you are misreading the situation.

While btc has been slugging along reflecting fund flows into the crypto space in general, some established coins have gone up 3 or 400% in btc terms since August 1st.

Not sure how you interpret this as "altcoins dumping"??  Grin
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August 14, 2017, 10:30:53 PM
 #50

the really interesting thing is that this is the first time bitcoin has had a truly epic pump since 2013 whereas alts have had absolutely unbelievable pumps repeatedly while bitcoin did absolutely nothing all the way through.

maybe that means something fundamental has changed. everyone expecting an automatic alt pump to follow might be disappointed.
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