Quote from: joshy23 on April 18, 2017, 12:35:56 PM

Quote from: xypos on April 18, 2017, 12:21:25 PM

I think that one of the very important reasons why we may see people dumping their alts and going back for bitcoins, is that there is not so small possibility for hard-fork to happen.
In the moment of fork, every bitcoin holder would still have his bitcoins ( BC-bitcoin core ) but also, he would gain the other bitcoins ( BU ).
That is why people dont want to miss their chance, to hop in also into BU without even big effort. All they have to do, is hold their funds stored in bitcoin, to also jump on other ship, with different cryptocurrency.

It is not strange at all for me, after all, people want to diversify their wallets, which is a very good move for every investor/trader.

I think people is going to alt-coin just to get a leverage for a possible hard fork but it didn't happened, so now they are going to bitcoin investment again. Also diversification is also good, do not put all your eggs in one basket. That's why investors are putting some in altcoins as well.

Expectation arose when the price of few altcoins increased unexpected and at the same the capital volume got increased. This doesn't last long so the user who have been moving to yield some good profit started to invest on bitcoin in a short.