Quote from: Cnut237 on April 12, 2018, 08:35:09 AM

Quote from: Little-loli on April 12, 2018, 06:39:09 AM

Looked at altcoins and they've started rallying pretty hard all at once, whats the reason for this? Is it because of Bitcoin going sideways for a decent while or some other reason?

I think at the moment we have to look at the market as a whole rather than individual coins. We bounced back twice quite sharply from whole market lows of about $270 billion. Then over the last couple of weeks we have dipped a bit below that. The latest mini-rally has pushed the whole market back up to $270 billion. As far as I'm concerned, this is a sign that this could be a fairly stable minimum. Essentially, again my own perspective, we have been falling for months and now there are the first signs that we've hit solid ground. Once this is more firmly established, we can anticipate the whole market moving upwards again.

I strongly agree with you that we are currently in a fairly stable position and this can be said is a beginning that could mention that there will be an increase in the world of digital currency. Increase only to certain coins will not have a big impact because what we expect is a thorough increase so that it can make a big change in the world of digital currency. For me the increase in price of Altcoin and Bitcoin will be a good momentum to be a new rate and a convincing price standard. The decline that has been happening for months is a worrying thing, but now it looks a good future. Yes we just hope that the current developments can be a good momentum for the advancement of the next digital currency.

One of the awaited moment is indeed the volume of transactions are increasing because with the increasingly improved marketcap then digital currency can be increasingly calculated as a very important thing.