Quote from: Mrpumperitis on March 06, 2016, 03:16:47 AM

Quote from: JayJuanGee on March 06, 2016, 03:10:53 AM

Quote from: Mrpumperitis on March 06, 2016, 03:07:41 AM

This has been one of the best BTC shakeouts ive seen this yr...4months before halving...things are getting very interesting.

Let me paraphrase what you really meant to say in your above post.
"I'm here posting in the BTC/USD wall observer thread in order to wank off regarding my lil alt coin friend."

eh,lol dunoo wot u talkin about m8.
Ok i mean...if someone wants alot of btc and market isnt dumpin...lets get them to trade for a coin thats been pumped x12 in 2months, and then dump on them too take at least half the BTC of them...alot of strong handed BTC players have been buyin another coin at its ath..those guys maybe in for a rude awaking.
Also this core/classic/seg/blkstream blah blah might do nothing at all and the BTC halving kicks in...
Finally i firmly believe BTC will have another ATH before halving.

I agree with Mrpumperitis for a change, these altcoin price movements are no coincidence at all. Whales are accumulating bitcoins by pumping altcoins. As a consequence bitcoins price declines (since they mainly get traded for bitcoins) and expensive altcoins get traded back for cheap bitcoins:

Quote from: bitebits on March 03, 2016, 07:50:16 PM

If I were a market maker and want to accumulate more btc before the inevitable halving and 'consensus' price rise, I would definitely:

0. Accumulate on the almost forgotten alt coin market
1. Spread FUD so people sell their btc, btc price drops
2. Pump altcoins. People sell their btc in the chase, btc price drops further (<--- we are here)
3. Dump expense altcoins for cheap bitcoins.
4. Let the bitcoin bubble occur because of 'consensus' and halving
5. People sell cheap altcoins for chasing expensive bitcoins
5. Sell expensive bitcoins for cheap altcoins
6. Spread FUD
7. Rinse, repeat.