Post
Topic
Board Speculation (Altcoins)
Re: ETH Value???
by
Yamifoud
on 02/10/2019, 12:00:16 UTC
We don't really understand what happened. Bitcoin suddenly grew but the alts did not, and even decreased. I think the reason is that sharks are trying to buy more bitcoins, so this happened. The alts have suffered a lot from the sell-offs of high money investors.

How about the more logical reason that all these alts were pumped too high and too fast during socalled alt season and ICO frenzy?

How could most tokens that came out from nowhere and were not even used by anyone be valued so highly?

Because they had nothing more than pumps,,, plain and simple, that is all.
Yes, indeed on Altcoins we now see good and real prices. The prices that were at their peak in 2017, these were very high prices. Therefore, today I invest in liquid Altcoins that are traded on at least 20 exchanges.
What it happens in the past 2years is was the greatest days of crypto and it looks impossible to happen again. Not quite that I'm losing my confidence but what mostly I see is  there will be a tough days of crypto may happen 8n the future.

Though it looks good to see a certain coin listed in many exchanges but not a guarantee. It might really feels good when we see its market volume keeps moving.