Quote from: The Pharmacist on January 31, 2016, 04:45:47 AM

Quote from: Cryptology on January 27, 2016, 05:09:09 AM

Correct. The more fighting and discussion there is the lower the price will go. Hopefully we will not have to see an altcoin taking over Bitcoin's capitalization for a change to happen.

On the other hand you can see the present situation as a good buying opportunity. If a consensus is found and Bitcoin does not fall apart that will be a massive catalyst for a bull run.

Yeah, I doubt that's going to happen. Which one of the hundreds out there would one choose for a bitcoin replacement? Maybe a little bit of all of them? The altcoin market has cooled back down a lot in the past few days, and I'm not sure what was driving it anyway. I really don't think it was "fighting and discussion", I think it was speculation about the fighting and discussion done by people who were doing neither one of those things.

I think the altcoin market was pumped by Chinese whales, and now they are dumping it to make money before their New Year holiday. They pump it every so often, and I don't think the state of bitcoin matters to them when they pump. They completely manipulate some altcoin markets.