Quote from: Kozlov on January 26, 2018, 04:13:05 PM

Quote from: SrEasts on January 26, 2018, 04:09:21 PM

Many of those newbies are alt accounts of people with interest of creating FUD about bitcoin. As far as we know it can be alt accounts from people who have shortned bitcoin Grin

The futures contract end today at 5pm, lets see how the market reacts, hopefully good!

That's an interesting theory to say the least. We'll see what happens.

I think Alts on Bitcointalk will have a marginal impact on BTC, I can't see it being a huge driver of influence. There are a lot of newcomers slamming Bitcoin because they parted with fiat to get into some ponzi like BitConnect. I would say Bitconnect had a huge impact on the market.

Altcoins are coming through steadily..

That is true. The handful of people on Bitcointalk do have a marginal impact on BTC if they have one at all. But apart from the newbies that were fooled by some ponzi like BitConnect there are old traders like me too that think that BTC is beyond it's prime because of the fees. Right now you can do NOTHING with BTC but trading. That is truly REALY BAD for something that wants to be a currency. ^^ If you can't buy anything with BTC then the real value is ZERO! And the second people realize this is when BTC will go down hard. And yes, of course this will bring down all the other crypto currencies too. The thing is that this is not a problem it is the cure because the hype & the high price that followed the hype was nothing but a tulip bubble. The hype also leaded to the high fees (because they are bonded to the price) and the fees made BTC become useless. And as I said before a currency that is useless is without any real value. And anyone that isn't new to trading should remember the MW Medical Hype back in the early years of this century. It was exactly the same back then, every poor newbie and it's grandmother thought they could become rich in no time without any knowledge but this is not how trading works. It's so easy to burn billions from sheeps that think they are wolves.

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