Post
Topic
Board Altcoin Discussion
Re: Ryan Pumper: Pumpers Picks (Updated Daily)
by
AnswerQuestion
on 22/03/2015, 13:09:37 UTC
I noticed that since the big bitcoin pump has stalled out, the volume has started to come back into altcoins, I wanted to know how you guys knew this would happen or is it just the way the general flow of things are? Sorry for the noobish questions lol

Its psychology, people only speculate on bitcoin to make money. When bitcoin crashes they turn their focus, and their dollars, to the alts

Look at bitcoins chart every time it has crashed there has been a major altcoin pump

Thanks, i saw you guys talking about it so i tracked volume on bittrex while bitcoin was pumping and it was at 400 to 500btc total the whole time, then when bitcoin slipped and the pump slowed down the volume on bittrex bumped up to 900 btc so the connection was obvious