Quote from: fallensky7 on December 03, 2017, 04:37:13 PM

Quote from: bribed on December 01, 2017, 02:34:45 PM

Quote from: kubricktrader on December 01, 2017, 10:10:42 AM

Btc has run too far too quickly possibly due to manipulation by hedge funds. But it wont crash too hard I think. By guess is undervalued alts will rally hard now. Just a guess

I agree in regards to Bitcoins rally. It was way too fast and likely due to manipulations by big players. I sense the correction is around the corner, but if it happens, alts may also suffer and not start to soar up. Just my opinion on it.

I completely agree with your opinion. I also think that such a strong growth of Bitcoin in such a short time is due to manipulation of major players and correction will not keep you waiting, and when corrected, altcoins may follow Bitcoin into the abyss. This year, we already remember such a scenario

Indeed, we have witnessed a similar scenario this year for two times if I remember correctly. One was of short duration and alts started to recover after bleeding together with BTC (but also bc BTC was recovering). The second time alts didnt recover anymore and fell into a bear market for several months (while BTC recovered and rose to new all time highs). Alts then recovered lately, so there is already some growth here, but they are not on the same level as they were already this year. Lets see what happens next.