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15115836 No.15115836 [Reply] [Original]

Bitcoin dominance is at its highest since december 2017. After this runup, profits WILL flow into alts.

inb4 margin trading makes hedging with alts obsolete. Anyone with half a brain except the most abject gamblers knows margin trading is a wonderful way to get rekt

>> No.15115862

Muh altszn, suck a fat dick retard. Feels great seeing alties get crushed.

>> No.15115874

>>15115836
if you know so much why arent you already insanely rich? stupid faggot

>> No.15115892

I don't know which alt to move into. So much looks really good. I'm 50% ETH and 35% BTC.

>> No.15115903

Like 5 months ago alts were going absolutely berserk while BTC had its dick up it’s own ass at $4k and yet people want to claim alts are dead. The cycle will repeat — MMs aren’t going to leave out the other half of the market and the quickest way to gain more BTC from brain dead foreigners.

>> No.15115911

Or maybe altcoins are just dying bro.

>> No.15115945

>>15115862
How new are you?

>> No.15115949

Wrong. 2017 was fueled by redditors student loan money and your barber cashing in their tiny 401k to gamble and get rich. Current investments are coming in from institutions and billionaires as a hedge against currency manipulation. They do not give a fuck.about gambling on alts and will never invest in them.

Alts are finished.

>> No.15115961

>>15115911
this, what if people have learned that its pointless to invest in when BTC is going to go up for a while and people who invest in anything other than BTC is literally the runts of society

>> No.15116014

If you need a reminder about why people still use alts to hedge, see
>>15115767

>>15115911
Correct. Many (most) are and will not come back. I think the market is slowly but surely becoming more rational. I think we can expect certain projects with good fundamentals to boom. Look at projects that keep high volume. LINK in particular.

>>15115949
A solid amount of the money in the market is probably still traders. Volume is high. People are buying and selling. Institutions are not doing high-frequency trading--- they are holding--- so as long as volume stays high we can assume people are actively moving money in and out of alts/btc.

>> No.15116021

>>15115836
Even peter Brandt said it. There’s not going to be another alt season, ever. Only a handful of coins are going to survive , as everything else goes to zero and folds up

>> No.15116038
File: 434 KB, 1232x1280, sminem.png [View same] [iqdb] [saucenao] [google]
15116038

>>15116021
>Peter Brandt
That boomer makes good charts, but he doesn't know shit about the long term future of the market.

>> No.15116055

>>15116021
People will liquidate ERC-20 shitcoins with the ETH pair, driving the price of ETH up

>> No.15116645

>>15116021
Brandt didnt say that exactly so you're an idiot

>> No.15116657

>>15116038
I audibly chuckled

>> No.15116670

>>15116055
It still blows my mind how people don't understand how coin pairings work.

>> No.15116683

Also: BTC dominance is about 3% below the 200 weekly sma so it might get shot down at that point.

>> No.15116688

>>15116021
people said the same thing in 2017, “you’ll never see another 2013 again!”

Personally I’d be buying the shit out of proof-of-work privacy coins right now, something that is hard, sound money and not a erc-20 print-a-coin scam.

>> No.15116710
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15116710

>>15116688
Why not Zcash?

>> No.15116769

>>15116710
Fuck that, zclassic, same tech without nigger found rewards and 150x cheaper.

>> No.15117408

>>15116038
stop quoting this old boomer loser, he repeatedly deletes calls that are wrong whilst leaving correct ones intact.

>> No.15117575

>>15115945
You must be pretty new if you think 2017 is gonna repeat itself.

>> No.15118310

Ehh watch the shit pump 300%+ prior to end of year. Now is just the wait for entry time before we do. Haven't touched alts since before their huge run up earlier this year. Looking for another entry for seconds. Alts benefit from btc in long run, just gotta hold.

>> No.15118534

>>15116670
Those are the people celebrating a 5% sat increase when btc dumps 8%

>> No.15118969

>>15116670
I finally sell my REQ after holding it from 5 Cents up to 1.2$ back down to 1.5 Cents and buy ETH for it. Does ETHs price potentially go up and REQs price down? Wtf are you talking about?

>> No.15118972

>>15115836
there will be no alt season nigga

>> No.15118974

>>15115874
Based reply.

>> No.15119235

>>15118969
No but someone will show up to your house and kill you

>> No.15119261

>>15115836
No they won't 99% of alts are gonna die

>> No.15119275

there will be no alt season until BTC reaches a new ATH

>> No.15119277

BTC must not double in price, if so I'm screw with all my Altcoin holdings! Gonna double my BTC this 5 weeks with NOIA, afterward I'm converting all my remaining ALTS to Bitcoin. It's gonna pump by the end of this year for sure. NOIA is a safe-hedge as there is an 1-to-1 Airdrop for hodler (snapshot taking place on 12th Aug + low. cap. Gem less than 1M + Backed by Microsoft & Cisco)
Even Ethereum isn't looking like such a good hodl at the moment

>> No.15119327

check whalesmind and tell me there wont be an altrun ever again faggots.
they are accumulating big time right now, follow the money retards

>> No.15119340

>>15119277
NOIA is not exactly a safe hedge, it's a moon shot but only in short term

>> No.15119520

>>15115836
Alts died in 2017. Stop dreaming.