i wasn't here for the last bullrun. i understand that BTC dominance is very high right now. how/when does this flip over into alts? when people begin taking profit on BTC?
I wasn't here for the last bullrun. i understand that BTC dominance is very high right now...
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Eh
End of year Op.
When BTC hits a new all time high and everyone in the media can't STFU about it. That's what drove the stupid money into alts in late 2017 (when BTC hit $10k for the first time). Should happen around the same time this year - or maybe early 2020.
2021 if you count BSV as an "alt"
Money flowing into alts is a delusion held by bag holders from the 2017 bull run. They think their vapor ware project is eventually going to get them rich. Alts were an experiment and it turns out all they did was make the project teams a fuckload of money with no responsibility to develop a project.
People are flooding to BTC to preserve wealth...the mass amount if people will greatly increase use and value... people aren't coming to invest in Chinese shit coins...
Massive generalization. Sure there are way too many shit projects, but what about those alts that are still developing and delivering something other than ERC-20 copypasta?
The truth is nobody fucking knows. Just hang on for dear life and plan 5 years out with your HODLing
Don't buy anything a pajeet shills
name 4 alts (besides link) that are delivering ANYTHING
buy real companies, stop buying into the hype of crypto speculation, its basically gambling
then i already fucked up because link is my biggest hold
thanks for your input anons
then should i DCA into btc? i can only put a few hundred bucks in per paycheck and it seems like i'd get better and faster returns with alts
Nobody really knows. Remember that 2017 was a first of its kind, and even though the market is still dominated by bs projects it is somewhat more skeptical than before.
I personally think you will see BTC continue to hold massive dominance while a few alts like XMR and ETH tag along, and the rest of the alts die off.
Sorry Linkies but I don't believe in your project long term.
VIDT, LION, BRAP unironically and SENT
i trust chink coins more than i trust the stock market. not all of us are smg boomers here
basically this. you can expect some decent pumps when BTC corrects or consolidates, like what we've seen in the last few weeks, but don't expect real alt moons until after BTC is hitting new highs.
This user, as you say, fucks
Bsv is the best coin sirs, 200 mb blocks mined, immutable ledger web enabled by constant innovation by hundreds of independent developers, sub second transactions and bandwidth for global finance on the way. Buy now while supplies last, pajeets
For your eyes only:
Bsvdevs.com
Neon.planaria.com
Google bitbus (muh I cant run a raspy node for my web app)
Think of alts as pre-revenue startups. Then think of how much venture capital funds lose in the seed round stage of funding in the attempt to find a unicorn. That’s the game you’re playing with alts but without the research arm and tech expertise. the Biz hive mind was able to replicate this and found a gem and you’re asking about other coins that have very little proven market use / adoption / need
Correct. Altcoins have no value - there is only a real need for one.
>brap
Coss.io
Don't try and predict when alt season will begin, just hold a majority of BTC/ETH and have a small holding in alts
BTC and NOIA for me, NOIA went on run while BTC fell, NOIA fell and BTC starting to pump. Now its time to buy more NOIA pajeets.
You're way overthinking this user.
Buying a few alts is great.
But you literally just have to buy BTC and hold for max profits over the next 2 years. That's it.
NOIA is a good gem, you are a lucky goy
fucking newfag. the real altszn was in early 2017
There isn't going to be another alt run. Anyone looking to gamble can do so with BTC leverage trading. Plus regulators are cracking down hard on unregistered securities and all this chink market manipulation. By end of this year any shitcoin not on Coinbase will be on life support.
Who you think you are?
Alts like, "Do you know who I am"
Alts fail to understand
I'm like, "Pump"
When bitcoin mania becomes so prevalent that even its derivatives are seen as likely to be extremely profitable: I mean, alt coins are in their infancy, imagine getting in on the ground floor! Surely one of them is the next bitcoin! Time to diversify!
>I got into crypto in July 2019 and buy every coin that gets spammed on biz
I love watching gullible little faggots like you get financially ass raped
That's like saying all other currencies will never go up in value so you should keep all your funds in USD
>2017 was a first of its kind
youtu.be
thanks user, i'll stick with my alts and dca into btc then
Buy noia dumb ass
just did basic website read through, man I hope the team can deliver! If what NOIA says to be true then essentially the whole Internet will change over time in how data is transferred. You could use NOIA to get faster downloads and get more fps when gaming, etc. NOIA is an internet utility token that could be used for both personal and commercial purposes.
my concern is, how will ISPs comply with this? it sounds as if NOIA wants to change how routers and ISPs communicate entirely