GUYS something really really BIG is about to happen...
BTC is stalling while lots and lots of money and hashing power gets pumped into alts.
Several alts are getting hard-forked ATM.
Big crypto players setting positions.... something's cooking..
BTC is stalling while lots and lots of money and hashing power gets pumped into alts.
Several alts are getting hard-forked ATM.
Big crypto players setting positions.... something's cooking..
LOL
What's so funny ?
I think they are buying alts before BTC jumps to 5k and the alts subsequently follow...
In case you haven't found out, QRK, TAG and IFC just got hard-forked, all at the same time. Right now.
Alts have a future in my opinion.
But right now the alts are a ticking time bomb. This rise is predicated on 2 things.
1. The fervor Bitcoin has created in this rally.
2. Hedging against Bitcoin because of the rally.
Which means
A. If Bitcoin takes off the money will leave the alts and go back into Bitcoin and teh alts crash back down.
B. If Bitcoin crashes, the confidence leaves the ENTIRE market and the alts crash with it.
The only way $$$ continues to flow into the alts is if Bitcoin consolidates right where it is.
But with all those options, I wouldn't touch LTC with a 10 foot pool right now. This is EXACTLY what we saw China do to BTC 10 days ago. Can anyone remember that far back?