>market always goes opposite of what people shout
>FOMOvestors are where the money comes from
>"Everything is going to moon after August 1st!"
>prices go down instead the entire month up until it
>BCC enters the picture
>"BTC and BCC will moon and kill off everything else!"
>BTC jumps up in an hour as people buy it
>Alts suspiciously don't crash as much as they should
>"Alts are going to die!"
>Alts still holding pretty well despite the talking
So why shouldn't I be full ETH/LTC buying in at 180-190/39-40?
Going by the current trend of things, ETH/LTC are going to skyrocket and BTC is gonna head down or hold still.
>"But all alts die when BTC dies!"
That's not completely true at all. How did ETH get to where it is if BTC didn't move equally? How has LTC moved from 23-40 in 1 weekend, and then move to 55 in another (though it came back down as ETH has)
This screams of FUD to collect Alts cheap.
And Coinbase/GDAX still has a metric shitton of BCC they're stealing that they can dump.
Who knows? Maybe this post will reverse everything. Maybe I should just say crypto is dead while I secretly build my stack up slowly.
>>2912519
The whole market is noise right now. People saying they know for sure what will happen are either high, stupid, or lying.
It's times like this that I remember
>the market moves in the direction of maximum pain