/biz/ - Business & Finance

1. People are cashing alts in for what they perceive as a weak BTC so they can buy back at a better rate when BTC recovers.

2. Normies are cashing out into fiat, for which they need to buy BTC first

>>6548505
THE KING IS BACK BABY

Shittokens will be abandoned, no more memes.
All money going to old established cryptoCURRENCIES.
ICO bubble is over.

>>6548634
kek underrated

I hate all the people selling right now. Wasnt crypto the future just 1 month ago? What has chamged you weak faggots?

Cuz 99% of shitcoins are shit that does nothing and 99% of those are shit that does nothing but has a white paper that promised to do something 5 months ago.

Honestly only BTC LTC ETH NEO and Monero actually do anything.
No surprise they are weathering the dip better than the rest of the shitcoins.

>>6548978
You forgot shift

lmao did anyone really believe BTC was going to go down? If that would have happened, the whole market would have cooled off for atleast 2 years. Not happening. Support BTC and dont shitpost it, it's the one coin that can get us into bullmode again.

>>6548505
No one expects the altcoins to recover. The big names are going to consolidate the market.

>>6548978
Since when is dropping 30% “weathering the dip”

>>6549182
So holding alt coins is a terrible idea???????

>>6549613
They were always going to die at some point.
This might be the one that kills them, it might not.

>>6548870
They were in to make money. When they fear they could lose money, they flee to save as much money as they can. That's how they think.

The sad thing is, they are somewhat right, as markets are mostly self-fulfilling prophecies, running on nothing but faith and expectations.

Someone explain to me why anyone would buy LTC?

If lightning work its trash, if it doesn't BCH is where it is at.

>>6548634