What is going to happen on 10th August?
There will be a huge BTC dump, as everyone is buying on the news right now and then when the reality hits its gonna be a massive shit. hopefully the smart ones will move into Monero along with the ones that just left to ride the upswing.
So, IOW I think it will be good for us but bad for crypto as a whole and if BTC takes too big a hit then it will take us down as well but not as far as the others.
It looks like the worst time to hold any alts at the moment , every bitcoin movement up or down creates a sellof for altcoins including monero.
I don't think it's causing a 'sell off'. BTC is just out performing everything right now. But it will pass. Those buyers will run out of bullets and will be forced to hedge in alts sooner or later.
I got me an alt that I'm bagholding that I wish to god it would pump now! I feel dirty holding this. Lmao.
LOL, yeah we went sideways for so long I said fuck it and started buying a differant crappy alt every week trying to dump on their pump to get more Romero's but everything started to take a nose dive and of course all those shitcoins are falling faster.
I can't seem to do anything correctly since the alphabay blindside.