Quote from: lolikop on April 14, 2017, 01:36:02 AM

Quote from: iamnotback on April 13, 2017, 11:52:47 PM

Quote from: magneto on April 13, 2017, 11:21:40 PM

If it does drop below 1000 and I'll be the first person to buy in lol

This is why altcoins decline more than BTC does when BTC declines.

Any altcoin that remained high would be sold to buy some cheap BTC. Since BTC can absorb more flows than altcoins can, the altcoins decline more on a percentage than Bitcoin. When BTC is rising, the inverse effect occurs.

So selling altcoins that had significant rises might be wise right about now while they are still near their peaks.

Ur wrong there are altcoins with real use case, some will just keep adding value

There are only few coins with tiny use right now. One is Monero other are some coins that was issued to be a currency in games. But that use is so small that is of little importance. It need to grow x10 to be worth of mention.