er
7 years ago in #bitcoin by bitcoinflood (79)
$10.20
- Past Payouts $10.20
- - Author $9.80
- - Curators $0.41
26 votes
- davidding: $6.64
- yabapmatt: $2.05
- bitcoinflood: $0.99
- daviddivergent: $0.17
- allyouneedtoknow: $0.14
- stackin: $0.08
- seanlloyd: $0.04
- etka: $0.04
- stiant: $0.02
- leahlei: $0.02
- cryptobeans: $0.01
- gmichelbkk: $0.00
- satoshi.blog: $0.00
- bdk1970: $0.00
- kelfinfie: $0.00
- polarbeats: $0.00
- shibetrader: $0.00
- fenzy2017: $0.00
- nasirulislam: $0.00
- simspread: $0.00
- and 6 more
More money coming into BTC will be very good for alts too at the end of the day. Even if the big money can only buy BTC through the ETFs and they can't buy anything else, the higher BTC prices and lower alt prices in the short term will encourage regular holders of BTC like you and me to trade into alts, which will then cause their prices to rise too.
As long as money is coming into the crypto market, all good coins will rise - a rising tide lifts all ships, as the saying goes.
Thank you sir : )
Just another temporary market adjustment as things "mature"...if BTC moves up gradually swaps will be made into the alts at these higher prices taking them with it...
ALTs are not looking good short term. Just wrote an article on that. I am out of ALTS at the moment as BTC is looking quite strong
Bitcoin is really dominating the market. Thank you for sharing this @bitcoinflood! :)
Like you said bitcoin is the main one, investors may just see this as the only one they would maaake use of
Dominance increasing like a star is again rising. Dad of crypo currency is back seems like this. Good post.
I see a big downtrend in the technicals.