It will either moon or tank before futures close on the 26th, either way...

It will either moon or tank before futures close on the 26th, either way, alts are gonna suffer harder and are gonna be cheaper. Be aware and prepare yourself accordingly.

The better alts will bounce back a lot harder as well. But yeah if BTC makes the trip to 8k alts will be hit HARD...

I don't know, most alts havent regained their pre-crash sat value yet.

shorts will be outnumbered by longs at some point, all the way to another psychologically relevant ATH

If Bitcoin falls, alts will moon even harder.

They wont until BTC stops being a fuckhead. If BTC goes sideways for a span of 3 weeks after a good solid crash. A lot of of us will be lamboed from the alt bull market.

A giant chunk of people are sitting in tether waiting for the smoke to clear. It will be insane. FUD Bitcoin harder so we can get this shit over with faster.

>If Bitcoin falls, alts will moon even harder.

Were you not looking last week?

topkek
unless we get fiat trading pairs with each alt that matters and the volume switches from BTC pairs you're wrong
now, the likelihood of that happening depends on two things: central planners' AML/KYC campaigning and market demand

Ya if BTC sneezes alts catch a cold.

This market was due for a beating, I hope it ends soon. The longer it drags on the more people will get burned and swear off crypto forever.

if BTC crashes, all alts die. If BTC goes sideways then alts rise

>it either go up
>or it go down

alts serve a crucial purpose of trading against BTC to maximise one's holdings of the latter
another important driver is as long as there's IRS alts won't die

XVG has a few fiat pairs and you can trade it for ETH and BTC on Binance

Also it's basically Dogecoin DARK with great privacy features already shown itself to be valuable. XMR is too high volume for your average joe who has no idea what is going on with whales and pirates hackers and miners so verge has large appeal

Fuck off pajeet

what does this even meme?

my main concern with btc is that its price is being almost entirely driven by speculative investors rather than by endusers of the currency

and it's the endusers that use the currency for transactions that give the coin any value at all

there will come a point when the coin plummets in use and investors will be left with their pants on the ground holding a bag of shit

no business is interested in using a currency to secure a transaction if its exchange rate is so volatile, especially since you can't hedge it normally or without paying extraordinary premiums

i see a major shorting opportunity with btc but it'll be all about timing and with what costly mechanism

You clearly missed the point of the thread.

also important to note is that BTC's market cap is 200 billion right now when it was at 330 bill not too long ago

200 bill is fuck all and is less than 1/4 of Apple's market cap

for all you know a couple of chinese billionaires (where the majority of BTC use is) could be manipulating this thing like a mother fucker and they probably shit themselves laughing every time they pump the sell side

Alts with actual use cases will be the ones to invest the most into after this shit is over. Coins that are just coins will have a tougher time.

We need actually good and addicting games that integrate with crypto right now. Gaming is usually the best way to push high end technology.

> It will either go up or down.

Brainlet detected.

>it will go up or it will go down.
I really fucking wonder if you people know how stupid you sound

Great opportunity to short doge on polo. Especially with Garlicoin launching today on reddit and already having more subs on its subreddit. Soon all the doge bagholders will switch over to the newer meme.

Have you heard of crypto debit cards? BTC is being used for real world purchases all the time.

Do they have a second futures coming out?

No it isn't, but it will be once the LN is fully adopted.

It's the potential bruhs

Yep, and look at how many brainlets didn't get what you just told them.

Once usdt gets rekt for printing fake money we might get blown back to stoneage price levels