How does alts prices correlate to BTC?

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Anonymous
How does alts prices correlate to BTC? 2017-07-27 11:43:38 Post No. 2893503
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How does alts prices correlate to BTC? Anonymous 2017-07-27 11:43:38 Post No. 2893503 [Report]

I'm so confused. When does the pump/dump of alts happen? When the price of BTC spikes or otherwise? Is there actually any rule of thumb for that or it is a one big meme?

After the previous rally of BTC alts started growing by 20-30% when only BTC price had locked around $2800. Then the price had fallen and now raised to about $2600 - but alts seem to have suffered depression during the whole cycle. Please help me to categorize behavior of alts depending on BTC.

Anonymous 2017-07-27 11:45:59 Post No.2893519
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Anonymous 2017-07-27 11:45:59 Post No.2893519 [Report]

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Anonymous 2017-07-28 12:13:20 Post No.2893678
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Anonymous 2017-07-28 12:13:20 Post No.2893678 [Report]

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>>2893503
The pump of alts happens after BTC ranges within 100 dollars for a couple of days. If investors think BTC will rise, they will cash out high sat overvalued coins for BTC.

Anonymous 2017-07-28 12:14:31 Post No.2893682
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Anonymous 2017-07-28 12:14:31 Post No.2893682 [Report]

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>>2893503
Times are exceptional. Stupid, greedy people pump desperately more and more fiat in BTC and selling all alts, they hope for a free money from the hard fork. In their greed they forget basic demand/supply rules and loose most. A plague of panic selling bound to happen. ETH and LTC will drop severely with other alts through the coming stormy days but those who believe and buy dips will be rewarded.

Anonymous 2017-07-28 12:17:41 Post No.2893690
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Anonymous 2017-07-28 12:17:41 Post No.2893690 [Report]

>>2893682
how long have u been in the space? i believe this too but i just started in march and still dont know shit.

Anonymous 2017-07-28 12:19:39 Post No.2893708
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Anonymous 2017-07-28 12:19:39 Post No.2893708 [Report]

>>2893690
I am you and you are me.

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