Post
Topic
Board Altcoin Discussion
Re: Fork time / bloody october?
by
matuson
on 08/10/2017, 09:21:20 UTC
This is what I'm thinking . . . the upside on Alts once BTC stabilises could be massive! Accumulate more during this period while they're cheap . . .

My only reservation is there is soo much competition in the market these days due to the vast number of ICO's . . . which Alts to pick!?

Also when this pump will be I don't know.
The expected pump for alts wont be in the next few days IMO but instead it might happen if BTC stabilize for quite a while for people to begin to seek profit in altcoin market again. The ICO's need to stop coming for a while, it needs to be lessened. The current number of ongoing ICO is too much for market and most of it is either crappy or scam so people must be careful in investing into them. Probably by December or before, altcoin market will pick up a rising trend.
I think it all depends on the price of bitcoins. Now we see that the price of bitcoin returned to its original position and stabilized. The near future to expect growth of the price. Similarly, the market altcoins. Always altcoins follow bitcoin because it was and will be the locomotive of the market of cryptocurrencies.