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Author Topic: Huge Altcoin rally underway  (Read 393 times)
pey
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December 17, 2017, 05:02:37 PM
 #21

If the bitcoin will be stable above or around 20k for some time we certainly will see how good altcoins rise Smiley

Nice Christmas gift Smiley

It can't be simply stable, it needs a correction, it needs blood first.
it may look like everyone is making money 'for now, but some people will pay the cost of it, you may not be aware of that if you are one of the gainers bought very early.

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December 17, 2017, 05:08:51 PM
 #22

As long as there's still plenty of people spreading fear, saying 'the altcoins market is not a bull market, it will crash in a month', there's tons of money to be made.

This has all the hallmarks of a true bull market, up to and including the naysayers busy building the Wall of Worry for this bull to climb.

I just feel sorry for those missing this freight train Cheesy
wildflower18
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December 17, 2017, 05:17:41 PM
 #23

Some altcoins are in green moment I dont know the reasons why of current bullish market. Maybe because of getting the chance to earn huge those that are buying of low price. More likely, this altcoin rally will continue because still there are other altcoins of having a huge potential to rising up.

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sandy14350
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December 17, 2017, 05:51:16 PM
 #24

the alts market is bit heated now.. its defiantely gonna take correction soon in few days... both alts and btc gonna take correction at a time... bcz both are overhyped and investors gonna take profits and cut short it
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December 17, 2017, 06:21:37 PM
 #25

the alts market is bit heated now.. its defiantely gonna take correction soon in few days... both alts and btc gonna take correction at a time... bcz both are overhyped and investors gonna take profits and cut short it
Yeah this is actually a crazy bull market so each and every alt is pumping hard. A real correction is underway it might start this year or next month but first I think BTC will correct some, then alts would follow BTC to certain extent there will be a lot of bloodbath in the market and smart investors will invest at that time instead of peak.

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December 17, 2017, 06:22:44 PM
 #26

I think it is mostly because high BTC fees. Honestly, right now rather than buying more bitcoin for 1000 dollars, i rather buy some promising altcoin.

Of course the main reason is also the fact that more and more people are coming into bitcoin, or some BTC holders due to the fear that BTC will fall are buying some promising alts... All of these reasons are responsible for these bullruns we seen last days.

I think the fee's are partly at fault, but bitcoin is reaching such prices that some are diversifying. I also think some are trying to enter crypto with a little less money.

Fees might be seems high for the all online wallet users it is around 20 USD per transaction from the time bitcoin crossed 10k USD. So try to move desktop wallet which can be modified your fees according to amount you are transferring.
If you have cheap value in the wallet your fund will bear for fees alone you will not get the money for that transaction you made with the cheap amount.
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