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/biz/ - Business & Finance

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3792881 No.3792881 [Reply] [Original]

Why last time BTC was close to ATH all the coins were at their own ATH too and now that BTC is going again to test that resistance all the shitcoins are red, stagnat or completely dying?

>> No.3792896

Punishment for allowing gay marriage. It's not like you weren't warned

>> No.3792916
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3792916

>>3792881
if this ends with a double top btc dies

>> No.3792922
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3792922

>>3792896
>we tried to tell them but they didn't listen

>> No.3792926

no new money coming in. So the only volume going into bitcoin right now is the Altcoins being sold off.

>> No.3792927

Last time the whole market was in a boom and money was coming in like crazy. This stopped because bitcoin had a crash due to (1) China shit and (2) a big round number psychological barrier.

Right now BTC is pumping because there are two forks on the horizon. New money isn't coming in, old money is leaving altcoins so they can get full value from the forks. No matter what you believe about BCH, it's still worth a decent some and Bitcoin Gold will be essentially the same thing. There's still some uncertainty with Segwit2x, but it could just be third verse, same as the first.

>> No.3793039

>>3792927
I agree with this post. Expect nice dip after btc fork.

Alternitavely, hold on to that ETH. It is going to hold great after it's fork

>> No.3793121

>>3792927
I'm betting this time is different.

Many coins have totally retraced their bubble measured in btc.

It's insane. Bitcoin is not going back to 70% dominance.

No way, never. It's shit, at least well have a nice pop in alts if it really would go ded. This is what I'm banking on.

Join me

So far added this weekend:

140k BTS
200k XLM
7000 SJCX
40 ETC
2 BCH

Still have 1,5 BTC to spend