Quote from: wuvdoll on October 15, 2017, 11:56:20 AM

Quote from: bitbollo on October 13, 2017, 06:18:25 PM

Quote from: karaschoen on October 13, 2017, 06:08:05 PM

What happened the last time Bitcoin surged? Didn't investors sell off? I heard a theory that when bitcoin investors sell off, they still don't want to cash out because of the IRS question so they move the money into alt-coins. Should we expect an alt-coin surge?

I will not surprised to see a big dump of the major altcoins that in the last days get dumped very hard.
Waves, Doge, LSK, ETH, BCH, all these coins were strongly sold out Sad

(even with -30% off) Sad

Probably a lot of people try to get an advantage for the upcoming btc fork

I won't be surprised too honestly. It is obvious people are trying to take advantage of the upcoming fork and with the movement, most of the altcoins will still be dropped further. I still have a feelings though that some whales are trying to use the altcoin market and the unsettling with the upcoming fork to drop the altcoin market so people can quickly drop at losses and then buy at the huge dips for profit. The market is just crazy.

In hard fork it is very pathetic to invest your money in altcoins. Now bitcoin is best source to go with the investment option. As you said altcoin may invest into many token sale and altcoin trading to make the profit with it.
In the time of forking we can find the coins value bump or dump in the chart. We may believe in some coin and invest on it but that's value will be go to scratch after the fork.