Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Interesting that this time alts are not following BTC, they're even going lower. Are we going to see decoupling again like before December?
It's judgment day for the altcoins, a whole bunch of them will have to die because we simply have too many of them. A few will survive and will come out stronger I think, but we'll just have to wait and see.
I agree and I am looking forward to some alts dying off. Hopefully when the next overall alt bubble (ie not just darkcoin etc) the alt economy will have pruned back a bit, easier to ride the bubble that way and not get caught holding the wrong coins.
Lots of money chasing the BTC rise. Usually once BTC levels off some of the money flows back to the Alts.