Ninjastic
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Topic
Board Speculation (Altcoins)
Re: Reversal is happening.. bitcoin money goes to altcoins!
by
richjohn
on 22/10/2017, 17:53:24 UTC
Quote from: zikabra on October 22, 2017, 05:14:07 PM
Quote from: Tike Myson on October 22, 2017, 02:26:55 PM
Quote from: ChiNgadOr on October 22, 2017, 02:24:55 PM
Hi guys.. i am happy to see that the reversal is finally happeninig.. bitcoin is decreasing and money is flowing to my altcoins .. a 12% recovered in a few hours for my diversified portfolio ( 0 bitcoins on it).

good luck to all.. we will meet at ATH of our beloved altcoins again!

do you realize the same¿

It's happening all the time  Wink
Lol that is correct.
I don't know why he is so excited about it.
Bitcoin price go up - altcoin price go down. Bitcoin goes down - altcoin up.
Not exactly, I doubt that there is any correlation between Bitcoin and Altcoins. Usually what I have seen is that when Bitcoin rises, Altcoins experience dip but when bitcoin is able to sustain its growth, altcoin start appreciating too. When Bitcoin falls, there is fall in altcoins as well. They not always surge.

But this time Bitcoin price ridiculously increased which brought whole altcoin market to serious dip. But market will eventually recover after fork. I don't understand why people even jumping to Bitcoin for bitcoin gold which is basically a shit coin and I doubt it gonna have any proper value.