Btc dump. It is time for some alts to recover against BTC

[ONEnergy]

I am seeing btc can dump to as low as $7700 level. I think it is not the end of BTC bull run but as BTC dominance so high and alts bleeding from January against BTC i think it is time now for some alts to recover.

XRP went down from 10000 sat to as low as 2800 sat. My bet goes to XRP this time and i think can recover to 4500 - 6000 sat area.

[AB de Royse777]

~snip~

XRP went down from 10000 sat to as low as 2800 sat. My bet goes to XRP this time and i think can recover to 4500 - 6000 sat area.

You really think XRP is a coin which worth to buy? It's a centralized system by Ripple foundation. Do not fall for it because of it's heavy marketing.

Just use this sense: Why would anyone spend millions to market a coin? Because they control the coin and they want personal gain by fooling people.
Same theory goes with that recent Facebook coin (Libra)

Better go for ETH or NEO or XMR.

[ONEnergy]

This is short term trade not investment. I only trade based on TA. I don't think XRP would disappear that quick so i can make some profit.

I also put some short term target in. I just found XRP most undervalued based on TA atm. ETH, XLM are a bit behind but should rebound as well based on BTC value.

[NeuroticFish]

There may be a great time for some coins and tokens and the fact that 2 token have just received green light from SEC (!!) should also help.

SEC Begins Green-Lighting Token Offerings

The U.S. Securities and Exchange Commission recently made history when it green-lighted two token offerings under Regulation A+. “This is the first time in U.S. history that a crypto token offering has received SEC qualification,” one of the two qualified issuers proclaims.

[Pursuer]

first of all this is not a bitcoin "dump" it is a drop. and you should really know the difference between these basic things if you are in a trading discussion board otherwise it is a better idea if you stay away from trading.
secondly whenever bitcoin price drops, the altcoins go down with it. and a quick look at the altcoin market shows that this time the altcoins are going down like always so there is no exceptions happening here either. in fact one of the reasons why the altcoin market is turning into a big bloodbath is exactly these bitcoin price rise and falls since altcoins go down in both cases.

[Reid]

But the problem is they are not!

I dont about XRP and there is no assurance that it will rise after this BTC dump that is happening.
It is still a risk and dont know if it will come true.
There is one question though.
Where is all that sold BTC going?
Are they fitting in the total number of USDT out there?
Even ETH is going south and it is not looking good.

[suryana]

Anciently, when the price of Bitcoin dump like this then most Altcoin price will pump, but I do not see it at the moment, the price of Bitcoin dump and the price of Altcoin still persist with a dump as well. I hope the Altcoin will pump again.

[dothebeats]

Alts dumped harder than bitcoin since the other day, and I don't think that the recent dump in bitcoin means that the money would be flowing in towards the alts this time. It needs more than bitcoin dumping actually, and we're not in pre-2016 era wherein the exchanges Mintpal and Cryptsy, which are the primary movers of altcoin pumps and dumps, still exist. At this point, everyone is just guess-making on who rises the within the next couple of days, although the trend hasn't been broken yet and orders on exchanges are still somewhat icky and does not paint a clear picture as of late. I don't see XRP rising, not unless its creators decided to pump it during this small bloodshed.

[Theb]

As far as I see it altcoins just went down together with Bitcoin with the correction that has happened (or still is happening). I don't see how it will be alt season yet specially when they are still following the market leader's direction. The only time I see that this will happen is when Bitcoin has dropped it's volume together with its price dropping while other altcoins in the market didn't show any signs of effect on it, with this you will know that the traders are now switching to some altcoin plays.

[janggernaut]

Anciently, when the price of Bitcoin dump like this then most Altcoin price will pump, but I do not see it at the moment, the price of Bitcoin dump and the price of Altcoin still persist with a dump as well. I hope the Altcoin will pump again.

Altcoin will pump when people selling their bitcoin and it would make alt dominance more than bitcoin. Altcoin will pump again surely, but it takes time and i don't think you can see it for now or in few months later

[eaLiTy]

I am seeing btc can dump to as low as $7700 level. I think it is not the end of BTC bull run but as BTC dominance so high and alts bleeding from January against BTC i think it is time now for some alts to recover.

Bitcoin had a good run this year and we are right now seeing a temporary correction because of all the legalization talks that is going on and it will effect the entire market and not bitcoin alone, i do not see that the alt coin market will rise leaving bitcoin aside, if the market stabilizes the price of bitcoin will move forward but that cannot be said about the alt coin market .

You really think XRP is a coin which worth to buy? It's a centralized system by Ripple foundation. Do not fall for it because of it's heavy marketing.

This is the problem with most of the new investors in this market as they do not understand which one is centralized and which ones are true decentralized cryptocurrency which has the potential to give you the profits, all they look for is the graph and and market capital and come to a conclusion that it is a good entry point and hope for the best  .

[Lanatsa]

I am seeing btc can dump to as low as $7700 level. I think it is not the end of BTC bull run but as BTC dominance so high and alts bleeding from January against BTC i think it is time now for some alts to recover.

XRP went down from 10000 sat to as low as 2800 sat. My bet goes to XRP this time and i think can recover to 4500 - 6000 sat area.

I don't know why there are people who do really believe sill on XRP and I don't know why people do proclaim on btc
on dumping into a certain price?No one can differentiate out on what would be the exact price we go below.BTC dominance is always been over
with Alts.We wont be sure on when would be the altcoin season starts.

[shield132]

~snip~

XRP went down from 10000 sat to as low as 2800 sat. My bet goes to XRP this time and i think can recover to 4500 - 6000 sat area.

You really think XRP is a coin which worth to buy? It's a centralized system by Ripple foundation. Do not fall for it because of it's heavy marketing.

Just use this sense: Why would anyone spend millions to market a coin? Because they control the coin and they want personal gain by fooling people.
Same theory goes with that recent Facebook coin (Libra)

Better go for ETH or NEO or XMR.

I think fooling will be if someone use ripple with believe of protecting privacy and supporting decentralized coin, on another hand this coin worths to buy for profit purposes. Ripple is far from decentralization but near to banking system, so useful and good for some people.
What's about subject, as I see usually coins rise when btc rises and opposite, don't have high hopes that other coins will recover, don't know even why btc falls so badly and what happens around it that causes fall after such a great rise.

[pawanjain]

I am seeing btc can dump to as low as $7700 level. I think it is not the end of BTC bull run but as BTC dominance so high and alts bleeding from January against BTC i think it is time now for some alts to recover.

XRP went down from 10000 sat to as low as 2800 sat. My bet goes to XRP this time and i think can recover to 4500 - 6000 sat area.

Speculations are not always true. Yes the price of bitcoin did drop a little but it doesn't mean that the bear trend has started yet.
It may or may not be a minor correction. Also, bitcoin dumping doesn't necessarily mean that altcoins will pump.
Although the probability for altcoins to pump is high, I have seen cases when the altcoins dumped further.
We just have to be prepared for any situation. I think that bitcoin will rise again from this point.

[TopTort777]

Better go for ETH or NEO or XMR.

Why do you suggest to buy NEO? This coin looks more dead than alive. More than a year ago it positioned itself as a ETH killer or Chinese Ethereum. Times has passed and the project seems silence.

Havent heared about big project based on NEO for a long-long time.

[Oceat]

I am seeing btc can dump to as low as $7700 level. I think it is not the end of BTC bull run but as BTC dominance so high and alts bleeding from January against BTC i think it is time now for some alts to recover.

XRP went down from 10000 sat to as low as 2800 sat. My bet goes to XRP this time and i think can recover to 4500 - 6000 sat area.

Speculations are not always true. Yes the price of bitcoin did drop a little but it doesn't mean that the bear trend has started yet.
It may or may not be a minor correction. Also, bitcoin dumping doesn't necessarily mean that altcoins will pump.
Although the probability for altcoins to pump is high, I have seen cases when the altcoins dumped further.
We just have to be prepared for any situation. I think that bitcoin will rise again from this point.

We are done already in the bearish trend it's time for the bullish trend this year.
Although the price of Bitcoin yesterday dropped to $9.3k but thankfully it just started to rise a little at $9.8k this time.
This might be another correction of the price again but didn't expect the price to go down at this point.
And why is that someone still believes in XRP even though they know already that it is a centralized currency?

[TheBusstop]

~snip~

XRP went down from 10000 sat to as low as 2800 sat. My bet goes to XRP this time and i think can recover to 4500 - 6000 sat area.

You really think XRP is a coin which worth to buy? It's a centralized system by Ripple foundation. Do not fall for it because of it's heavy marketing.

Just use this sense: Why would anyone spend millions to market a coin? Because they control the coin and they want personal gain by fooling people.
Same theory goes with that recent Facebook coin (Libra)

Better go for ETH or NEO or XMR.

Ethereum just made a mess of it self by considering bitcoincash blockchain for transaction issue.. i doubt how long this will long and i wonder if it will retain its second spot in the market.

[el kaka22]

I do not understand what the alts are waiting for at all. When bitcoin goes up they go down because bitcoin is going up and their worth are pegged to dollar instead of bitcoin so their dollar value is either same or a bit less while their bitcoin value goes down a lot.

When bitcoin goes down they go down with it in dollar value as well for some reason while keeping the bitcoin value same. So with this logic whatever happens to bitcoin the eventual outcome is altcoins going down in price, what are they going to fall to zero dollars? That doesn't happen neither, sometimes all of a sudden out of nowhere altcoin prices start to go up, it is not because btc went up or down, it just happens without any reasoning at all. It is really hard to predict these things overall.

[FrozenBit]

I am seeing btc can dump to as low as $7700 level. I think it is not the end of BTC bull run but as BTC dominance so high and alts bleeding from January against BTC i think it is time now for some alts to recover.

XRP went down from 10000 sat to as low as 2800 sat. My bet goes to XRP this time and i think can recover to 4500 - 6000 sat area.

It will take a long time for alts to grow strongly. As of 2017, when BTC dominates over 70%, alts still cannot grow and it seems that only BTC is a strong increase.
After that, the bubble started to explode, when BTC's Dominance was only about 35% - 40%, then the alts began to increase sharply.
We will also see a strong pump price from BTC and history will continue to repeat.
In my opinion, it's still time to buy BTC and sell it at $ 12k.

[Slow death]

I am seeing btc can dump to as low as $7700 level. I think it is not the end of BTC bull run but as BTC dominance so high and alts bleeding from January against BTC i think it is time now for some alts to recover.

if people are selling their altcoins to buy bitcoin with the expectations that with the creation of pound the price of bitcoin would go up a lot? as i suspect, and with this expectation being broken every day, you can see a scenario where the altcoins recover at least a little, but it can also be a bit misleading to think that this is a good time to invest in altcoins, I agree with you if you just buy for short term

XRP went down from 10000 sat to as low as 2800 sat. My bet goes to XRP this time and i think can recover to 4500 - 6000 sat area.

agree that in the short term it can recover, but in my opinion it will be in the range of 3500 satoshi to 5000 satoshi