Post
Topic
Board Bitcoin Discussion
Re: MASSIVE Market Shift
by
Maveth13
on 04/01/2018, 14:12:05 UTC
I wonder if yesterday will tell a tale of how the entire year will be for BTC?

It was amazing to see such a huge influx of money into the market and most of the top alts gaining 25-100% while BTC, bch, and Ltc were weak in comparison.

Are people going to start funneling these alt profits into BTC or will the alts slowly take down the king this year?

A few months ago all you had to do was buy BTC and you were making huge profits, no longer the case.

25-100% is not massive when it comes to altcoins. It's relative to the price, if an altcoin is only a few satoshis per coin, say 100, then even a small increase in price reflects a huge increase in percentage. So what more when a whale decides to pump an altcoin? These numbers don't only appear within weeks, or days, they appear within hours. But how would you expect bitcoin, being about $15000 per coin, be pumped to show these numbers?