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/biz/ - Business & Finance

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9280949 No.9280949 [Reply] [Original]

Why are altcoins going down suddenly?

>> No.9280958

>>9280949
because they're all shit

>> No.9280957
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9280957

>suddenly

>> No.9280965

Look at BTC and you'll know why.

>> No.9280966

Everyone is selling alts for BCore, because it's a better store of value.

>> No.9280968

>>9280949
bitcoin

>> No.9280970

OP, the time to buy altcoins is NOW.

>> No.9280973

BTC drawing attention because it's close to $10k
all eyes on ETH because of the SEC hearing tomorrow
BCH drawing attention because nobody can shut up about it
right now only these 3 coins matter, thus every other shitcoin is getting sold off

>> No.9280978

>>9280966
Noticed this too. This remembered me of November where Bitcoin, altcoins was going down while Bitcoin Cash was going up. Was a wild ride.

>> No.9280984

Some coins have reached support. Good entry now.

>> No.9281012

Tomorrow SEC will say if ETH is security or not.
That's why altcoins are going down.. big boys aren't taking risks. They'll buy again if not security

>> No.9281024

>>9280966
Rather go to zero than ever touch that shitcoin.

>> No.9281039

>>9280949
alt season over
btc and eth bull run incoming

>> No.9281051

SEC going to shutdown Ether and ICOs. Get out while you can

>> No.9281058
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9281058

>>9280949
>he doesn't have LINK in his favorites

>> No.9281080

>>9280949
It's just like last year... Start of last year shitcoins peaked like this year, then from May until EOY Bitcoin went on a mega bull run. Bitcoin is going for another mega bulk run this year to 40-100K. Shitcoins cannot keep up with BTC growth rate. But BTC will always take LTC up with it. Today BTC dropped 500, and LTC 10 dollars. They are joined at the hip. I'd buy the pull backs for BTC, LTC and ETH b/c BTC brings up both LTC and ETH b/c of Coinbase. Shit coins will go back to being worth really low satoshi. The money that leaves crypto markets always come back b/c crypto offers the greatest return.

OP you fell for the shitcoin meme, the only true coins are BTC, LTC, ETH. Everything else is, overvalued trash created by people to sell you guys worthless tokens in exchange for rare Bitcoins. I saw this coming, everyone with a brain saw this coming. You fucking retards on biz keep getting blinded by unrealistic lambo, and moon memes, and your LOW IQs actually make you believe that it is possible.

>> No.9281108

>>9281080
>Shitcoins cannot keep up with BTC growth rate
>Every shitcoin outperforms BTC

the absolute state of corefags

>> No.9281113

Those aren't alt coins, those are all shitcoins

>> No.9281122

People are selling the news. Amateur hour Monday morning will be the lowest point. Bigger risk to buy in at that time with bigger reward.

>> No.9281124

>>9280970
Not necessarily. If btc breaks 9.3, alts will get pummeled again

>> No.9281183

>>9281122
If some one trades on margin Monday morning, and eth is ruled to not be a security they'd make 10 percent, quick, easy and for sure. Eth trades up to 50x leversge on bitmex. You buy in with 5k, trade 250k and make 10 percent, you get a quick 25k no problem. But if they rule it is a security, you're wiped out.

>> No.9281188

>>9280949
Because all that matters is BTC and ETH