Quote from: BitHodler on August 30, 2017, 10:18:53 PM

Quote from: ALT67890 on August 30, 2017, 09:51:32 PM

After this year there might be a fall of prices this January as bitcoin traders may give way to a new altcoin and invest for a change it is because most person do changes after a new year eves. That is just my opinion and might be true.

Large scale investors don't really care about altcoins where they put aside Bitcoin to focus solely on whatever scammy altcoin that raises many millions through an ICO.

Investors that are looking to benefit from whatever altcoin will just look at it as being an additional investment, and nothing more. If we move past November without any problems, the road is free for the $10,000 mark.

Nowadays basically every new altcoin gets distributed through scammy ICO's, and that's a damn shame. Seriously, 99% of the altcoins that pop up nowadays aren't solving any actual problem ~ it's all copy and paste stuff.

I think a correction, either minor or big is due and it will be a hard one. But like you said there are a lot of false projects, set up to make developers millionaires and that alone is a reason for a very hard decline, at least that's whats bound to happen.