Little-loli (OP)
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December 19, 2017, 02:16:34 AM |
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People are moving from BTC to altcoins now that the Bitcoin news has passed. I saw the Bitcoin dominance decrease from 67.25% to about 51.5%, anyone know where the bottom will be for Bitcoin and the top for Altcoins? I want to know when people are fully moved into altcoins so I can sell before a correction occurs. Maybe bitcoin dominance might decrease all the way to 20% and we'll have a altcoin rally like we did in the middle of this year.
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jimbo2000
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December 19, 2017, 02:43:35 AM |
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People are moving from BTC to altcoins now that the Bitcoin news has passed. I saw the Bitcoin dominance decrease from 67.25% to about 51.5%, anyone know where the bottom will be for Bitcoin and the top for Altcoins? I want to know when people are fully moved into altcoins so I can sell before a correction occurs. Maybe bitcoin dominance might decrease all the way to 20% and we'll have a altcoin rally like we did in the middle of this year.
In time we will see alt-coin dominance only increase as it is many coins vs one, but in the shorter term I feel that the alt-coin rally is nearing its end and bitcoin will soon break towards 20k and beyond. Most alts now are holding stable or pumping slightly but no huge ground is being made overall today and so I feel like that's a sign that the time is near. Then again we may see alts rise again tomorrow and have another big pump.
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giveen
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December 19, 2017, 02:46:40 AM |
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Maybe bitcoin dominance might decrease all the way to 20% Btc dominance = 20% lol how it is currently 50%+ which is $318 billion++ and you saying suddenly one day out of no where alts will rise so high that it reduces to 20%. we'll have a altcoin rally like we did in the middle of this year.
That rally was really short and btc was leading even during that time since then alts kept on falling and btc gained huge amount of attention which led the price reach so high. Alts will rally now but there is a less chance of btc getting affected by it. People are moving from BTC to altcoins now that the Bitcoin news has passed. They are but again don't fall for it , this might be a year end rush and not a permanent price point , I'm not saying that avoid trading just be cautious.
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Tanhdoit
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December 19, 2017, 04:29:13 AM |
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Maybe I am a newb or I am just optimistic but we are seeing a huge shift of money from BTC to altcoins. 2009-2017 was the year of BTC and it has been proven again and again every month. But as you can see, BTC dominance is slowly decreasing from 95% down to 52%. Honestly, 2018 will be the year of ALTs. We are seeing coins like Ether, Iota, Cardano, and Lisk that are faster, more efficient and you don't have to mine them at all now. Technology is changing and it is changing quickly and after the dust settles BTC will be obsolete.
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ofeefee
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December 19, 2017, 04:43:24 AM |
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I think this is a short-term event.
Poloniex and Kraken both are having hundred of thousands new registrations every day. The new people who are entering the crypto world usually knows only about Bitcoin and may be Ethereum. So they will buy those two.
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Sasha Lumerin
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December 19, 2017, 04:48:38 AM |
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as far as I can catch it's only the btc correction before it goes even higher like 30-40K. can't believe it's happening but it is what it is. maybe someone know what time frame all alts will back bleeding?
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vuduydien
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December 19, 2017, 04:58:06 AM |
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I think altcoins can increase rapidly when BTC's price be down in short-term, but both of them will increase in the future. After all, I think just only the cryptocurrency has fully capable of dominance in financial field.
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KylesmomisaB
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December 19, 2017, 04:59:03 AM |
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People are moving from BTC to altcoins now that the Bitcoin news has passed. I saw the Bitcoin dominance decrease from 67.25% to about 51.5%, anyone know where the bottom will be for Bitcoin and the top for Altcoins? I want to know when people are fully moved into altcoins so I can sell before a correction occurs. Maybe bitcoin dominance might decrease all the way to 20% and we'll have a altcoin rally like we did in the middle of this year.
I agree for the fact money will go into alts but 20% BTC dom is pretty crazy dude. That would mean hundreds of billions of dollars will flow into alts and as much as I want that to happen I don't forsee it happening. Maybe a 40-45% BTC dom but that as far as my bullish expectations go.
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dagon666
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December 19, 2017, 05:04:23 AM |
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BTC is now out of most peoples reach unless they invest in increments or futures. That being said, it's obviously still not too late to invest in BTC. I just think people like to think in whole numbers and want something that will do what bitcoin did.
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negamus
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December 19, 2017, 05:39:01 AM |
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Altcoins are going up so fast, but there is something that i am in love right now. this is the first "huge altcoin pump" of this year in where almost all the altcoins went up by more than 40% and bitcoin is stil GOING UP, this is incredible, it didn't happened before.
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Sasha Lumerin
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December 19, 2017, 05:46:24 AM |
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BTC is now out of most peoples reach unless they invest in increments or futures. That being said, it's obviously still not too late to invest in BTC. I just think people like to think in whole numbers and want something that will do what bitcoin did.
excellent sight, that was clear enough to dealing with this green season. just wondering when the BTC train stop
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Mr.Scott
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December 19, 2017, 06:01:06 AM |
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Meanwhile, top altcoins supreme, people get in these alts to get rich. People who trade in ALT coins can make tons of money while at the same time holding “investing” in the top 3 coins. I’m happy I hold, to the Moon!
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rainangel7
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December 19, 2017, 06:08:18 AM |
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Everyone who starts in the crypto-world starts with bitcoin so it will hardly fall below 30% - 40% at least for the next 2 years
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traderethereum
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December 19, 2017, 06:10:37 AM |
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I guess the time for altcoin to rise almost comes and the bitcoin price is down although we have a big chance to see bitcoin price is back to increase and altcoin will go down again. but I realize that this is our chance to watch the altcoin price and if we can sell right now, we should sell it before the altcoin price is back to the bottom again. I think it is enough if we can make a little profit from selling our altcoin and we can buy back again if the altcoin price is down again.
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toddy47
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December 19, 2017, 06:13:53 AM |
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Once bitcoin hits below 50% dominance, we will see an absolute bloodbath. Expect another monster Bitcoin rally at the end of the year.
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Nelske123
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December 19, 2017, 06:16:21 AM |
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Im very curious whats going too happen end of 2017....
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Dragonrage201
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December 19, 2017, 06:20:32 AM |
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We have seen this movie before. Bitcoin is a taking a rest while altcoins are going crazy. Soon bitcoin will start moving up again and altcoins will slow down. Hopefully not have huge correction like the one in summer.
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Cryppy_guyL
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December 19, 2017, 06:24:39 AM |
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People are moving from BTC to altcoins now that the Bitcoin news has passed. I saw the Bitcoin dominance decrease from 67.25% to about 51.5%, anyone know where the bottom will be for Bitcoin and the top for Altcoins? I want to know when people are fully moved into altcoins so I can sell before a correction occurs. Maybe bitcoin dominance might decrease all the way to 20% and we'll have a altcoin rally like we did in the middle of this year.
Well, it will be so, many founders are already disappointed in bitcoin, which means that the price and demand will fall further. That is altcoin now will be very in demand, and bitcoin on the contrary can completely disappear.
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synapsisxxx
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December 19, 2017, 06:26:56 AM |
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and bitcoin on the contrary can completely disappear.
Bold assumption
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