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Altcoins untethered from bitcoin?
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Topic: Altcoins untethered from bitcoin? (Read 193 times)
sexycoin69
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Altcoins untethered from bitcoin?
October 08, 2017, 11:31:13 PM
#1
It seems like whenever bitcoin falls so do the alts, however this time bitcoin is rising but alts are still falling. Is this a sign of people focusing more on core coins and pulling out of the alt madness or what??
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Jannn
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Re: Altcoins untethered from bitcoin?
October 08, 2017, 11:37:40 PM
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Quote from: sexycoin69 on October 08, 2017, 11:31:13 PM
Is this a sign of people focusing more on core coins and pulling out of the alt madness or what??
Maybe , Im think because of the activation of Bitcoin Segwit2x that happen on November so the price of Bitcoin goes up.
Imfinnabeon
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Re: Altcoins untethered from bitcoin?
October 08, 2017, 11:38:35 PM
#3
The market is irrational and because it is so it is hard to predict how everybody will react to the current situation. It seems like with the upcoming fork looming people are opting to get out of alts and put their money in BTC.
Makes sense because you get 1:1 bitcoin gold at the time of the snapshot which is October 25th I believe. Dont know what the value will be of course of bitcoin gold but people can speculate
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