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Author Topic: Will altcoins pump after BTC hard fork?  (Read 1949 times)
szesch (OP)
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October 23, 2017, 11:00:33 AM
 #1

Due to BTC hard fork, most altcoins are decreasing for weeks.
After last forks, people think they can make money. I don't think it's possible this time, but that's not my point.
While market cap remained constant, many people transferred altcoins into BTCs.
Now my question is, do you believe this trend will go into reverse?
I'm quite sure BTC decrease sharply after fork, but will altcoins increase or market cap decrease?
Glad to hear your opinions!
MoonIsBlue
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October 23, 2017, 11:05:52 AM
 #2

Due to BTC hard fork, most altcoins are decreasing for weeks.
After last forks, people think they can make money. I don't think it's possible this time, but that's not my point.
While market cap remained constant, many people transferred altcoins into BTCs.
Now my question is, do you believe this trend will go into reverse?
I'm quite sure BTC decrease sharply after fork, but will altcoins increase or market cap decrease?
Glad to hear your opinions!

This hardfork has been quite profitable for me, I'd say it depends on strategy more as that it rely's on up/down. You need movement in a market to make money, up and down both will do. Also got to snatch some coins that would else be to expensive.

But for your question:
- I believe that some coins might not fully recover
- Think altcoin market cap will see some gains yes.

Bergluft
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October 23, 2017, 11:51:49 AM
 #3

Due to BTC hard fork, most altcoins are decreasing for weeks.
After last forks, people think they can make money. I don't think it's possible this time, but that's not my point.
While market cap remained constant, many people transferred altcoins into BTCs.
Now my question is, do you believe this trend will go into reverse?
I'm quite sure BTC decrease sharply after fork, but will altcoins increase or market cap decrease?
Glad to hear your opinions!

This hardfork has been quite profitable for me, I'd say it depends on strategy more as that it rely's on up/down. You need movement in a market to make money, up and down both will do. Also got to snatch some coins that would else be to expensive.

But for your question:
- I believe that some coins might not fully recover
- Think altcoin market cap will see some gains yes.

Wouldn't it be wiser to invest in Altcoins before/during the fork. I mean, a few days after the fork, you will be a laggard only following the new trends. In my opinion, this is really about the decision whether you would want Bitcoin Gold OR invest in a cheap Altcoin instead.

Ah yeah.
xFGND
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October 23, 2017, 11:55:45 AM
 #4

Due to BTC hard fork, most altcoins are decreasing for weeks.
After last forks, people think they can make money. I don't think it's possible this time, but that's not my point.
While market cap remained constant, many people transferred altcoins into BTCs.
Now my question is, do you believe this trend will go into reverse?
I'm quite sure BTC decrease sharply after fork, but will altcoins increase or market cap decrease?
Glad to hear your opinions!

This hardfork has been quite profitable for me, I'd say it depends on strategy more as that it rely's on up/down. You need movement in a market to make money, up and down both will do. Also got to snatch some coins that would else be to expensive.

But for your question:
- I believe that some coins might not fully recover
- Think altcoin market cap will see some gains yes.

Wouldn't it be wiser to invest in Altcoins before/during the fork. I mean, a few days after the fork, you will be a laggard only following the new trends. In my opinion, this is really about the decision whether you would want Bitcoin Gold OR invest in a cheap Altcoin instead.

If you want to hold out for that long, sure. But demand most likely won't go back up the same unless a market shift. So unless you have enough buy orders to actually move the price 3-5%, just stick with btc.
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October 23, 2017, 12:07:31 PM
 #5

It seems that alts will definitely recover but probably not to the levels that they were at previously. I expect many to begin to recover later today and tomorrow though, in advance of the fork actually happening.

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szesch (OP)
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October 23, 2017, 12:15:01 PM
 #6

Thanks for your opinions so far.
So today is a good day to buy altcoins, isn't it?
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October 23, 2017, 12:19:26 PM
 #7

Due to BTC hard fork, most altcoins are decreasing for weeks.
After last forks, people think they can make money. I don't think it's possible this time, but that's not my point.
While market cap remained constant, many people transferred altcoins into BTCs.
Now my question is, do you believe this trend will go into reverse?
I'm quite sure BTC decrease sharply after fork, but will altcoins increase or market cap decrease?
Glad to hear your opinions!

This hardfork has been quite profitable for me, I'd say it depends on strategy more as that it rely's on up/down. You need movement in a market to make money, up and down both will do. Also got to snatch some coins that would else be to expensive.

But for your question:
- I believe that some coins might not fully recover
- Think altcoin market cap will see some gains yes.

Basically this. For example, before the last "crash" (china), doge was riding a high wave, sitting at 200 mil $ marketcap. It now sits at half that, even though most alts recovered, at the very least partially. Think hard about buying dips because they might not go up again, at least for a while.
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October 23, 2017, 12:21:56 PM
 #8

I think eventually some altcoins will recover to where they were at. I'm sure this drop will leave some coins down and out though. Just need to be smart and try to pick the winners! Either way it's a good to for some potentially big profits if you make the right moves.

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szesch (OP)
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October 23, 2017, 12:32:22 PM
 #9

Due to BTC hard fork, most altcoins are decreasing for weeks.
After last forks, people think they can make money. I don't think it's possible this time, but that's not my point.
While market cap remained constant, many people transferred altcoins into BTCs.
Now my question is, do you believe this trend will go into reverse?
I'm quite sure BTC decrease sharply after fork, but will altcoins increase or market cap decrease?
Glad to hear your opinions!

This hardfork has been quite profitable for me, I'd say it depends on strategy more as that it rely's on up/down. You need movement in a market to make money, up and down both will do. Also got to snatch some coins that would else be to expensive.

But for your question:
- I believe that some coins might not fully recover
- Think altcoin market cap will see some gains yes.

Basically this. For example, before the last "crash" (china), doge was riding a high wave, sitting at 200 mil $ marketcap. It now sits at half that, even though most alts recovered, at the very least partially. Think hard about buying dips because they might not go up again, at least for a while.

Sorry, but most coins didn't recover, which is due to the upcoming hard fork I guess. So which coins do you mean when you say 'most alts'?
I agree that some coins might not completely recover, but if you buy now, any kind of recovery will result in a profit.

BTW: Should have mentioned that all my altcoins are currently between +100% and + 2,000%, so we are not talking about losses, but about maximizing profits.
Of course I also thought about switching my alts into BTC, but as I don't believe this fork will allow big profits, I didn't.
My question should have been 'Is it a good day to extend your altcoin portfolio?'
jednostka
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October 23, 2017, 01:13:44 PM
 #10

This will not happen immediately, but there is no doubt that there will be another movement in the altcoins within 1 month. Pick up at cheap price and sell big price.
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October 23, 2017, 01:41:14 PM
 #11

I think the good ones will!

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October 23, 2017, 01:54:55 PM
 #12

Buy FEAR Sell Greed/news!
Now all people sell alt so in my opinion a good chance to put some bucks on good alt for long term.
In short term nothing can say

https://bitcointalk.org/index.php?topic=5245436.0

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October 23, 2017, 02:08:34 PM
 #13

Just don't expect too much after the fork because we will never know what will happen. What if after the fork, bitcoin won't be that affected like that fork last August. We will just have to wait until the fork happens and it won't happen right away mind you, sometimes it takes a week for the after math of the fork to happen.
Mr
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October 23, 2017, 02:15:20 PM
 #14

Altcoins will be pumped. I think the percentage is around 90%. But not altcoins/USD pair. The price of bitcoin will decrease and the price of altcoins will increase with the pair altcoins/bitcoin. People at the moment do not care about altcoins because the hard forks is more important than anything. People want to receive free coin as well as see how strong bitcoin can be after this hard fork

None of the above
olumyd
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October 23, 2017, 02:25:49 PM
 #15

Due to BTC hard fork, most altcoins are decreasing for weeks.
After last forks, people think they can make money. I don't think it's possible this time, but that's not my point.
While market cap remained constant, many people transferred altcoins into BTCs.
Now my question is, do you believe this trend will go into reverse?
I'm quite sure BTC decrease sharply after fork, but will altcoins increase or market cap decrease?
Glad to hear your opinions!


Looking at the previously experienced fork, folks now understand that the underlying principles of BTC blockchain is still a primer to other cryptocurrencies. While there isn't a direct relationship between BTC value and other cryptocurrencies, stakes, ICOs and tokens are the real determinants of altcoin values.
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October 23, 2017, 02:34:41 PM
 #16

I think everything will change. Bitcoin will go down and altcoin grow up. It is instantaneous because everyone buying bitcoin for how the biggest bitcoin gold.
renes
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October 23, 2017, 02:45:51 PM
 #17

I don't think they will recover though most people think so, to me they will decrease more once bitcoin start to crashes after the fork.
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October 23, 2017, 03:03:59 PM
 #18

Due to BTC hard fork, most altcoins are decreasing for weeks.
After last forks, people think they can make money. I don't think it's possible this time, but that's not my point.
While market cap remained constant, many people transferred altcoins into BTCs.
Now my question is, do you believe this trend will go into reverse?
I'm quite sure BTC decrease sharply after fork, but will altcoins increase or market cap decrease?
Glad to hear your opinions!
most people must have an opinion that after hard fork happens all altcoin will rise simultaneously and bitcoin will discard, but i can not determine what will happen and can only watch and accept what will happen.

unarcher
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October 23, 2017, 03:07:23 PM
 #19

I personnaly think altcoins would hard pump like crazy after Bitcoin Gold, but this wont last very long
Would be time to take profit and convert to BTC again before next fork
BTC would crash a bit, maybe to 4200 dollars, but would recover fast and he would crush 7k barrier before next fork
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October 23, 2017, 03:15:39 PM
 #20

Due to BTC hard fork, most altcoins are decreasing for weeks.
After last forks, people think they can make money. I don't think it's possible this time, but that's not my point.
While market cap remained constant, many people transferred altcoins into BTCs.
Now my question is, do you believe this trend will go into reverse?
I'm quite sure BTC decrease sharply after fork, but will altcoins increase or market cap decrease?
Glad to hear your opinions!

I think some altcoins will surely rise again and i am planning of making an investment in some altcoins for i can see a higher income with that.

After the hardfork, investors may sell their BTC if the price of BTC will go lower than the price now and may result of investment in altcoins

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