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14371347 No.14371347 [Reply] [Original]

Why dont Alts recover, whats holding them back, they keep falling beneath 1-2 year sat lows

>> No.14371348
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14371348

>>14371347

>> No.14371353

>>14371347
errr they are worthless maybe?

>> No.14371360
File: 44 KB, 800x550, chart (2).png [View same] [iqdb] [saucenao] [google]
14371360

>>14371348

>> No.14371365
File: 227 KB, 1080x2220, Screenshot_20190626-070506_Binance.jpg [View same] [iqdb] [saucenao] [google]
14371365

This was 2.5 btc

>> No.14371376

>>14371353
If they are worthless then BTC is EVEN worthless than them buddy.

>> No.14371385

>>14371365
it is even less than yesterday...

>> No.14371395

>>14371365
I mean Bitcoin has been Bullish for months now,how much do we need to wait?Are alts really going to recover or will they keep falling through all time lows?

>> No.14371402

Its been clear since Zilliqas ATH in the mini bull last year. Old crap doesnt get pumped anymore.

Icx, cardano, stellar. Too many bagholders, whales stay away.

Gotta find the new shitcoins for this season

>> No.14371407

>>14371347
Nobody wants to invest in unknown and stupid projects

Moreover, the market is almost entirely controlled by bots and whales, who make more money dumping and pumping alts then keeping them afloat with wash trading and fake buy orders

>> No.14371430

>>14371402
Zilliqa is not a good example, it is still way above ICO price, and has genuine technical merit unlike 99% of alts

>> No.14371485

most are worthless scams, you're all falling for the alts will follow meme because you missed the btc bottom
when btc corrects, alts are getting rekt

>> No.14371521

>>14371485
>alts are getting rekt
They already are,Alt world is full of all time Sats Lows and 2 year Sats lows now buddy

>> No.14371609

>>14371521
Yes, and when BTC dumps they won't increase in satoshis, just decrease in dollars

>> No.14371613

According to Willy, proof of work is where it's at. I'm not the guy who keeps posting it, but the Chadfolio is BTC, BCH, LTC, XMR*.
If you're looking for the next shit token that's going to moon, you're honestly better off buying a lottery ticket.
*I would add that anything on Normiebase will see gains if you hodl, but do you really want to wait a year for XLM to break $0.20?

>> No.14371740
File: 81 KB, 946x503, Screenshot 2019-06-26 at 13.37.09.png [View same] [iqdb] [saucenao] [google]
14371740

>>14371430

Sorry bud, perhaps you still have hopes

All the tec blah aside, the bull didnt do ANYTHING for Zil

>> No.14371751

>>14371347
>why don't tulip bulbs recover?

>> No.14371753

>>14371347
Everyone's selling their worthless weekend project coins in order to try buying into Bitcoin's rise. There's a maximum of 5 other cryptos that will exist in 2 years time.

>> No.14371769
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14371769

Comfy af

>> No.14371786
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14371786

>>14371347
It's a two part thing.
1. In 2017, bitcoin OG-s knew that bankers have taken over BTC and they hated what had become of it. So when iFinex pumped the entire market with Tether, their money went into alts. Then alt-buying retards saw that BTC was not the last train and started to buy literally everything.
People like Roger Ver were emotionally selling BTC for alts, which ended up being a bad trading decision.

2. In 2019 OG-s have less BTC, and despite the fact that they still have enough to start an alt season, they don't want to anymore. Everyone knows that the market is being fake pumped so money is being consolidated in BTC.

>> No.14371797
File: 17 KB, 480x360, 7836473761923483.jpg [View same] [iqdb] [saucenao] [google]
14371797

It's over for me.
All my shitcoins are 99.9% down vs BTC.
Won't be able to accumulate any meaningful amount of BTC at these prices.
Been in crypto for years, but this time i'm getting left behind for the last time and i will never be able to get back in with a meanigful position.
This is a way worse feel than nocoiners will ever know...

>> No.14371807

>>14371753
This.

>> No.14371819

>>14371797
You got Bogged... What do?

>> No.14371830

just stop countings in sats faggots. If you're up in USD, you are UP. You just made a worse investment than others.
Its like saying why isn't my IRL bookstore business making amazon returns?

>> No.14371925

most alts aren't creating any value. No revenue/adoption after years of development.

>> No.14371928
File: 144 KB, 1485x770, Screenshot from 2019-06-24 10:13:48.png [View same] [iqdb] [saucenao] [google]
14371928

>>14371347
posted this yesterday but the market has a cruel way of NEVER doing what it used to. This is the first time that bitcoin has really started to take back it's dominance with a vengeance, look at the market cap dominance (pic related from a thread i made yesterday). If Dominance goes to 70 (which is a sure thing), that means alts go from 35->30 which is a 15% drop in sats. If it goes to 80, that means it goes from 35->20 which is a 43% drop in sats. Anyway that's why they keep falling, because the market always does something different, and looking at the dominance chart, it's clear that BTC is going back to at least 70, probably 80% dominance.

>> No.14372484

>>14371928
So Its over for alts isnt it

>> No.14372662

>>14371347
Serious talk Anon? Alts don't recover simply because they're not new anymore. Look at previous years' top 50. They're recycled out year after year because something special happens when BTC rises, this is what happens, screenshot it
> BTC rises, Anons are happy
> BTC stabilizes, Anons are okay
> BTC begins to drop, Anons reinvest in very low cap coins to make gains
> They make gains, put it back into BTC
ETH was special in that it's not a part of the top group, but look what happened with practically any other one. They're all being demolished because nobody cares about the false promises that these people kept dishing out.

>> No.14372696

yes, just sell your bags OP

>> No.14372756

>>14371365
ouch, imagine going all in on a chinkcoin

>> No.14372823

>>14371347
btc has to stabilize or dump first. its still just mooning so, patience

>> No.14372842

>>14371347
because they are last-gen shitcoins.
if your shitcoin is from 2017 or earlier unless their name is Chainlink they will never ever recover

>> No.14372970

>>14372484
I think it is going to be another -40% in sats before we get sideways dominance, and when that happens, there will be good alts to catch (look at the flat regions), but I think this is the fabled purge that will decimate the majority of alts. What I am really worried about is if/when a BTC correction happens. alts will also lower in USD and will be devastating. That being said, I wouldn't be surprised if alts bleed upwards just because that hasn't happened before and lord knows the market wants to fuck with people, and people who sold alts low need to be punished in the cruellest way possible (not that they deserve it, but cause the market is a horribly evil organism).

>> No.14373027

>>14372756
It's how I got 2 btc. Made 1 off of matic. Then one obliterated me

>> No.14373028

>>14372484
basically, flat is actually the best, because it is stable and while it isn't as easy to make more sats, it's more sustainable and it's where good projects can thrive while bad projects can die (which is really what we want), as opposed to dominance going way down, where complete dog shit thrives and sets us all up for what is happening right now, so it's not over for alts, but definitely for the time being

>> No.14373076

>>14371347

because there are too many bagholders, and huge whales are getting out and buying the next best thing. you are a retard if you are buying 2017 coins

>> No.14373775

This entire thread is the biggest bull signal for alts I've seen yet. Alt Season sounds like it's just around the corner. This will be fun.

>> No.14374086

>>14371376
if you believe that you are not going to make it buddy

>> No.14374116

>>14373027

You did nothing wrong.
You make it or brake it in this world.

One will go to 5000 sat. Just hold.

>> No.14374179

we think btc will reach 100K in the next bullrun. if alt price would be stable wwe would have coins like HOT worth 1 $, which is not possible. this is natural selection, BTC is destroying worthless ALTs , just a few will survive ...

>> No.14374288

>>14371347
simple: a lot of those alts youre referring to are just dead projects. ada, xlm, req, amb, there's nothing to be pumped.
this is in part b/c alts have decoupled from btc, especially those with no buying pressure. it's just basic bitch evolution of the market..