Big Daddy Bitcoin is Back & Your Alts Might be Hurting Because of It

[Youghoor]

And just like that, everybody loves BTC again.  It's funny how fickle the crowd is.  And annoying at the same time.

They are always following the money, it just makes me remember all those memes who the grandma's and old people were posting in facebook, like those guys running on a park following a batch of hundred's of dollars.

It is weird, but we all are always seeing how people are VERY desperated for money, they can do anything.

And this is the first proof of that, now that bitcoin is going up again, everybody is saying - Yeah, keep going up! I have never lost my faith on you!

[malikusama]

Bitcoin is back up $17,000 and with that nice move, the air has been sucked out of some of the hottest altcoins of the past month like XRP, XLM, ADA and more. Is now the time to lock in profits, buy the dip or something else? Let's talk about the day's action and what we might see in the future.

The air which was sucked out of altcoins will soon going to sucked out of bitcoin too by whales, when it will reach the next ATH. Not a move by bitcoin but this shift of investment is just a greedy move of big traders and whales, to be honest they don't care about bitcoin neither altcoins, they care about their wealth and they always want to create dumps after peak to buy them again at dips.

[kwukduck]

LOL aaaand it's gone again.
Almost -10%
When will you guys learn that there is no future with this crippled system.
It does not scale.
It's infested with banksters that took control of it.

Just look how elegantly Raiblocks solves this bitcoin mess.

[tokeweed]

^ Yup.  The market is really funny sometimes.  I could already imagine some people undecidedly clicking either the buy and sell buttons not really sure what to do.  Lol.

And wtf Raiblocks? 

[buwaytress]

^ Yup.  The market is really funny sometimes.  I could already imagine some people undecidedly clicking either the buy and sell buttons not really sure what to do.  Lol.

And wtf Raiblocks? 

I swear this is exactly what a lot of traders do. I'm now re-entering some of the spam groups I used to follow months back, just for the hell of it. To be fair, some of them put effort into TA, but as they should know by now, it's really a bit of luck into whether they're right or not. And it's "good" to see things haven't really changed: the most experienced people putting supposedly hours of work into analysis, and then getting excited or panicked depending on which big swing crypto decides to lean into.

Am really glad I've more or less stopped trading seriously. Better fun gambling!

[cybersofts]

Bitcoin is back up $17,000 and with that nice move, the air has been sucked out of some of the hottest altcoins of the past month like XRP, XLM, ADA and more. Is now the time to lock in profits, buy the dip or something else? Let's talk about the day's action and what we might see in the future.

Well, it appears there is a little market correction today that swiped nearly over 90% of the market. The market is looking all red no where to see green but red everywhere. I hope this kind of correction will not last longer because it ruins people day. The last time checked about bitcoin it was selling at about $14,700 and i don't whether the price go up or down by now.

[jakezyrus]

^ Yup.  The market is really funny sometimes.  I could already imagine some people undecidedly clicking either the buy and sell buttons not really sure what to do.  Lol.

And wtf Raiblocks?  

^ Yup.  The market is really funny sometimes.

whats so funny with it?  market volatility is not funny at all rather it is verry confusing and stressing on most of us because our money is always at risk at it.

I could already imagine some people undecidedly clicking either the buy and sell buttons not really sure what to do.  Lol.

some people especially noobs or newbies are just panic selling whenever they see a specific change at the markets but most of us pioneers are always know what to do and have a full control on the current situation.

And wtf Raiblocks?  

other guy thinks that raiblocks solve the problem of bitcoin because raiblock has no transaction fees when sending or recieving coins.

Re: Big Daddy Bitcoin is Back & Your Alts Might be Hurting Because of It

yeah right bitcoin is back and now up to game again. altcoins on the other hand is now declining again but still it still a good chance or moment to buy them as a part of our investment and trading portfolio.

[tokeweed]

^ Rofl.  I mean I get it.  I trade in and out of alts to add to my BTC stash too.  But saying Raiblocks solves all of BTC's issues and almost insinuating that it's gonna be the next BTC is just...  well kinda dumb.

Raiblocks of all things.  Lol.

[btc_angela]

The OP spoke too soon.

But this is just part of other market correction. Although some altcoins are also pushing, bitcoin remains dominant as of the moment. Patience its needed in this trying times.

^ Rofl.  I mean I get it.  I trade in and out of alts to add to my BTC stash too.  But saying Raiblocks solves all of BTC's issues and almost insinuating that it's gonna be the next BTC is just...  well kinda dumb.

Raiblocks of all things.  Lol.

LOL. Is this the same mrai claiming before? or I'm lost here? Yeah, but doing trading alts as well, been pretty good experience to trade and then stash more bitcoin. And if bitcoin surges again, win-win situation for bitcoin holders.

[bitbunnny]

No altcoin will replace Bitcoin and take its number one and dominance. Still that doesn't mean you have to abandon altcoins just have to choose very carefuly which one to invest.
Altcoin market will expand further but altcoins will always stay just the second best.

[Pursuer]

^ Rofl.  I mean I get it.  I trade in and out of alts to add to my BTC stash too.  But saying Raiblocks solves all of BTC's issues and almost insinuating that it's gonna be the next BTC is just...  well kinda dumb.

Raiblocks of all things.  Lol.

almost all the altcoins have made such claims about their coin fixing the issues that bitcoin is facing and only a handful of them have actually done something about it in reality not just advertising method...

I think I have said this before but if anything has any chance of competing with bitcoin it is these coins that are using DAG technology. of course Raiblocks is a combination of dPoS DAG+Blockchain!
they claim to have tested 7000 TPS on testnet how much it really can process? we don't know yet.
but also the issue that I find with the claim is that the test was done on a strong server capable of processing that many "connections" which is against decentralization...

or for example Byteball is a project that I like myself but so far you can not be a witness and that means the owner is setting them = centralized. if you are curious it only processes 20-30 TPS
same with the other one (IOTA) maybe a little more ~50 TPS.

not much improvement if you ask me.