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Author Topic: Will Alts ever reach their previous ATH's again or is it the end of the road?  (Read 597 times)
burdeN
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November 05, 2017, 08:19:18 AM
 #21

Bitcoin might reach 8k before fork, is this happens alts will be even more red.
After the fork bitcoin will probably drop and so will be with alts.
Alts will recover when bitcoin price stabilizes.

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November 05, 2017, 09:10:51 AM
 #22

Bitcoin market dominance keeps going up and Alts market dominance keeps going down.

Whats caused bitcoin to reach current all time highs? Is it segwit or its free airdrop forks or am I missing any good confirmed news of bitcoin?

bitcoin price will going up this month but I am sure that there is a correction price will come after the high price is reach and altcoin price will still in down price. but I still believe that every altcoin will reach the new high price later after bitcoin stagnant in one price level and altcoin will trying to increase. bitcoin is reaching the high price is because of supply and demand that happen in the markets and people is trying to buy and sell bitcoin and it makes the price is moving from lower price into higher price. and I think if the fork is come, then the price will be down like usual.

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November 05, 2017, 09:13:40 AM
 #23

Bitcoin might reach 8k before fork, is this happens alts will be even more red.
After the fork bitcoin will probably drop and so will be with alts.
Alts will recover when bitcoin price stabilizes.
i fear you may be right. there may be just a small respite for alts after the fork, as we had for 1-2 days after BTG fork, but for a proper rally we'll probably have to wait till q1 2018. nothing too unnatural, though: this was a needed correction and will probably bring long-term benefits.
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November 05, 2017, 09:14:27 AM
 #24

Bitcoin market dominance keeps going up and Alts market dominance keeps going down.

Whats caused bitcoin to reach current all time highs? Is it segwit or its free airdrop forks or am I missing any good confirmed news of bitcoin?
The btg and segwit2x forks/airdrops played a part for sure, but i think it's also because of more widespread acceptance for bitcoins and crypto in general. There's more news coverage about it, and it seems like a lot more people at least know about bitcoin, even if they're not necessarily buying it.
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November 05, 2017, 09:39:06 AM
 #25

Bitcoin market dominance keeps going up and Alts market dominance keeps going down.

Whats caused bitcoin to reach current all time highs? Is it segwit or its free airdrop forks or am I missing any good confirmed news of bitcoin?

There are two possible outcomes here, based on past historical charts:
1. Bitcoin finally gets the correction everyone was waiting for. Here, alts will maintain fiat value but BTC pairs will also return to pre BTC ATH levels.
2. Alts on their own get big valuations pushed up by the majors like ETH, LTC, and some of the newer majors like Neo, Ripple.

The third outcome is, but unlikely, all alts just continue to struggle except for the few pumps. This is the outcome I hope never happens or I will lose a lot of money.

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