imteaz (OP)
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October 09, 2017, 09:48:33 PM |
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Look at the price, what's happening, it's all affect of hard forking, which will be happening in 3rd week of October. But now we can see the reaction of the market. Just wait couple of days more, All Alt coin price will hit rock bottom. It is good chance to buy or invest in alt coin, if you want to get into few new coins.
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Warren Buffert
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October 09, 2017, 09:56:34 PM |
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Could you explain how in your opinion a hardfork affects "all" altcoin prices? Doesn't really make sense to me.
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romeo111
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October 09, 2017, 10:15:58 PM |
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Could you explain how in your opinion a hardfork affects "all" altcoin prices? Doesn't really make sense to me.
Yes good thinking. you are right. but i think this is a good time to buy Altcoin. because now BTC is pump and Altcoin have dump. It's your own decision. but i hope Altcoin will pump soon. Good luck
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bouldou
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October 09, 2017, 10:26:30 PM |
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Yep, +1, I think it's gonna be a good time to buy altcoins (and even Bitcoin) in 1 or 2 days, it should reach bottom price Let's get prepared guys
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imteaz (OP)
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October 09, 2017, 10:30:29 PM |
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Could you explain how in your opinion a hardfork affects "all" altcoin prices? Doesn't really make sense to me.
You have to understand what is hard fork? Once bitcoin release bitcoin gold, they will give away bitcoin-gold to bitcoin holder, who has minimum 1btc in their wallet or exchanges. So what people doing is, they selling all their alt coin to get bitcoin, so they can get bitcoin-gold free. Remember, last time bitcoin gave away bitcoin -cash it was worth $800+ per coin, lots of people got free money. That's why you se elots of pumping going on bitcoin and move up 10 billion dollars within 48 hours. Because ppl buying bitcoin, and selling everything they have.
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PPleaseman
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October 09, 2017, 10:31:29 PM |
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I would wait a few more days to buy altcoins or use the dollar cost average and buy the one you like. I am waiting a bit to buy me some ARK and RISE.
Cheers
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muncuss
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October 09, 2017, 10:32:55 PM |
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Could you explain how in your opinion a hardfork affects "all" altcoin prices? Doesn't really make sense to me.
people dump alt for btc. you know this hardfork give free bitcoin gold, so they will try to get free Gold by buying Bitcoin or exchange their alt
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cryptoking710
Member
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Activity: 98
Merit: 10
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October 09, 2017, 10:45:03 PM |
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I have been watching this play out on the exchanges myself for the last few days. people getting ready for the fork.
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diguyo
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October 09, 2017, 10:45:14 PM |
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Personally I'd wait a day or so and see how this pans out. Alt coins have been down for a while now, and very few have been good over the last few months. It's been time to buy for a while now, without much upside.
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Nicol3
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October 09, 2017, 10:47:33 PM |
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I think it is the right time to buy altcoins but we should also do some research first on which altcoin you would want to invest in because not all altcoins are progressive and are progressing just like bitcoin, most of the altcoins are steady on a certain price once bitcoin also stays steady.
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batang_bitcoin
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October 09, 2017, 11:18:03 PM |
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Look at the price, what's happening, it's all affect of hard forking, which will be happening in 3rd week of October. But now we can see the reaction of the market. Just wait couple of days more, All Alt coin price will hit rock bottom. It is good chance to buy or invest in alt coin, if you want to get into few new coins.
The normal sequence of the crypto market, when the price of bitcoin is pumping most of the alt coins are affected and is falling. This is the right time to buy cheaper alt coins and look they are almost in discount so while the supply is still there don't forget to buy or you'll forget that you have to buy the discounted coins today. After the hard fork for sure they will be expensive again.
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~Rent my sig before BTCTC goes to $100k~
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Nerman
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October 10, 2017, 12:17:33 AM |
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Could you explain how in your opinion a hardfork affects "all" altcoin prices? Doesn't really make sense to me.
people dump alt for btc. you know this hardfork give free bitcoin gold, so they will try to get free Gold by buying Bitcoin or exchange their alt I agree most people now are buying bitcoin since there will be a fork and i think the price action will continue until the hardfork happen . I am waiting for the perfect opportunity to buy more coins. Im pretty sure altcoin price will recover since people will buy again their favorite alcoins after they get their bitcoin gold.
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iopinion
Newbie
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Activity: 50
Merit: 0
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October 10, 2017, 01:28:36 AM |
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I am not interested in buying bitcoin due to the the possible fork. After the price of bitcoin cash popped after the split, people are expecting the same this time. But the potential price of bitcoin gold is already priced in the bitcoin itself. I will rather collect altcoins at this moment.
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ledu_ico
Full Member
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Activity: 1250
Merit: 100
Education-Ecosystem
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October 10, 2017, 01:30:34 AM |
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From what i see these are just speculations, everyone should do as he thinks suits him best, buy or sell, the time to buy alt coins is when you think its best.
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Indrawan77
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October 10, 2017, 02:56:33 AM |
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Yeah a lot of traders predicted that the alt coin price will be heavily affected because of the forking and now the effect of hard forking had been taking effect, and I agree that it will be a good chance to make extra profit for the traders that heavily invested in alt coins, and alt coins will be back to normal when people adapted to the forking
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cbIpok
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October 10, 2017, 03:06:21 AM |
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I do not think you're still on the receiving end. Prices will fall faster and you need to wait a little longer to make purchases. Because you can get cheaper and your investment will become more valuable.
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wc87
Newbie
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Merit: 0
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October 10, 2017, 03:10:03 AM |
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Until BTC breaks through 5k, there will be some opportunity for alts to bounce back.
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webofunni
Newbie
Offline
Activity: 42
Merit: 0
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October 10, 2017, 03:10:58 AM |
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Could you explain how in your opinion a hardfork affects "all" altcoin prices? Doesn't really make sense to me.
You have to understand what is hard fork? Once bitcoin release bitcoin gold, they will give away bitcoin-gold to bitcoin holder, who has minimum 1btc in their wallet or exchanges. So what people doing is, they selling all their alt coin to get bitcoin, so they can get bitcoin-gold free. Remember, last time bitcoin gave away bitcoin -cash it was worth $800+ per coin, lots of people got free money. That's why you se elots of pumping going on bitcoin and move up 10 billion dollars within 48 hours. Because ppl buying bitcoin, and selling everything they have. I've 0.1BTC in my wallet, so I wont get any BTG coins ?
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muncuss
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October 10, 2017, 03:11:27 AM |
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people dump alt for btc. you know this hardfork give free bitcoin gold, so they will try to get free Gold by buying Bitcoin or exchange their alt
I agree most people now are buying bitcoin since there will be a fork and i think the price action will continue until the hardfork happen . I am waiting for the perfect opportunity to buy more coins. Im pretty sure altcoin price will recover since people will buy again their favorite alcoins after they get their bitcoin gold. of course it will recover. my speculation: ppl dump alt for btc > ppl get free gold > ppl dump gold for btc and alt. Or ppl hold gold or even continue buy it, then btc down. Bitcoin gold has more supporter than bitcoin cash, they won't let the gold die
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poodle63
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October 10, 2017, 03:15:19 AM |
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Look at the price, what's happening, it's all affect of hard forking, which will be happening in 3rd week of October. But now we can see the reaction of the market. Just wait couple of days more, All Alt coin price will hit rock bottom. It is good chance to buy or invest in alt coin, if you want to get into few new coins.
I think so because to repeat the bitcoin cash or segwit history to make the price of altcoin will be plunged a lot in the future, we must never miss this chance to catch tons of shitcoin and just wait for another pump in the next period
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