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?
Look at Darkcoin. +30% last 24h, yeah that's sustainable.
I too have noticed that alts like LTC and DOGE are not following BTC, they are flat or even seeing new lows (DOGE).
I suspect Darkcoin and perhaps a few other alts have something to do with it. Darkcoin has anonymous transactions. Now, ignore Darkcoin and that for a second, my point is really that LTC and DOGE has basically nothing that BTC does not have (LTC has slightly faster transactions, DOGE has MARKETING) and that leaves the door open for any new altcoin that does something which is fundamentally different (more anonymous transactions, for example).
Regardless, it seems BTC has come out #1 and left the challengers in the dust this round.
Nah, I don't buy that "this altcoin doesn't have anything BTC doesn't". Nobody cares about that apart from marketing purposes in pumps. Both LTC and DOGE will get pumped again, and again, it's just matter of time and if we'll see divergence in alts as it was before December, that's tricky part.
I liked divergence before but since I am already invested in some alts it would be pretty shitty if it would occur at the moment.