Bitcoin at All Time High - Lets Check Up on STEEM, BTS & Altcoins Prices!
Bitcoin has officially passed the All Time High on BitStamp BTC-E and Bitfinex vs USD.
Normally that would mean all altcoins should go down but this time its not the case.
Whole Top10 of coins after Bitcoin is green with STEEM being up too.
This view of 100% top10 listed in green on such BTC moves is very unusual hence worth noting.
If Bitcoin keeps going up and USD value of the coins will be going up, it means they found a floor in Coin/BTC ratio and just USDs are moving while BTC ratio stays almost flat or even pumps a little.
We can say that coins which are today green are the ones who people believe in and dont try to exit for USD profits. DASH is leading the way by a lot.
Coins with biggest gains today are
Most of them are good projects only a few look like fake pumps on small liquidity.
Coins with biggest value looses
This are the coins people want to exit and dont be bag-holding at this point. The only strange coin loosing people here is ICN, rest is pretty much predicted and they may not go back into their "pump prices" ever again.
Stats of few coins i think are worth watching
Random order.
Bonus for the end..
Here in CNBC they speak about BTC to Stocks relation which is also interesting to note.
Thanks for sharing and I also follow the flow of this trend affecting the world of cryptocurrencies, Bitcoins being the so-called leader, yet not the leading edge of it... Let's see if the general populace will come to the realization that, even if Bitcoins falls apart, the world of cryptocurrencies still has monumental potential of success in bringing about democracy and justice for all. the decentralized autonomous platform that offers BitShares, and Steem to a large extent are a good example of that.
All for one and one for all! Namaste :)
All cryptos are priced vs BTC, same as OIL is priced vs USD. Interesting times ahead!
Bitcoin investor right now
Indeed :)
GBTC is up correspondingly. :-)
Ha thats good ;)
Im seeing this as transaction spillover. All the handwringing about blocksize isnt needed, Bitcoin already forked hundreds of times, there is plenty of TX space.
If the crypto-community see it this way all coins can gain value together.
No more coin infighting, lets all join the crest of the wave.