Post
Topic
Board Altcoin Discussion
Re: [MARKET WATCH] While Bitcoin price crashed... ALT Coins going up.
by
joblessminer
on 20/08/2014, 02:56:26 UTC
I don't want to rain on your parade here, but a price increase against .01 btc volume isn't going to impress anybody.

That's why Bittrex isn't a useful indicator. All the time you see huge rises and then you look and see a volume of a 10th of a BTC.

I did notice during the Bitcoin price carnage the other day that Ripple held up fairly well. Not that I am a fan of Ripple, but I found it interesting that it held up pretty well.

Just a correction, price is still going up as well as BTC volume. Last checked it was over 8.5 BTC.
https://bittrex.com/Market/?MarketName=BTC-VC