You are not right.
First of all I don't think what Vitalik said, affect the market. Second, Bitcoin and altcoins are still behaving like one another. Altcoins rise when bitcoin rises and altcoin falls when bitcoin falls.
When haters are blaming vitalik and that was totally worthless. I was seeing how so many haters are blaming vitalik through every thread they are created to get a lot of attention from others. First of all I don't think what Vitalik said, affect the market. Second, Bitcoin and altcoins are still behaving like one another. Altcoins rise when bitcoin rises and altcoin falls when bitcoin falls.
This only to get the stabilization of the price and i don't think if we are on serious problem about that. bitcoin falls and altcoin follows.
I just read one thread about the red market "blaming" Vitalik Buterin. I find that laughable.
The real reason is people are starting to bet on BTC again and selling alts even cheap. It always go through this cycle before the alts really take off. Some also use the opportunity to collect more alts later...sell now (high), buy later (low). It can be a good way to play but very risky. I used to do it but learned I don't have the nerve to be in that game.
Play it, or HODL...both are valid ways to go. Just don't panic, bullish market is coming...BTC first then alts (may dip a little but) will follow.
The real reason is people are starting to bet on BTC again and selling alts even cheap. It always go through this cycle before the alts really take off. Some also use the opportunity to collect more alts later...sell now (high), buy later (low). It can be a good way to play but very risky. I used to do it but learned I don't have the nerve to be in that game.
Play it, or HODL...both are valid ways to go. Just don't panic, bullish market is coming...BTC first then alts (may dip a little but) will follow.
We are red because of Chinese New Year