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RE: What's happening to Altcoins as Bitcoin Crucial Dates get closer?
I agree with you as people moving their coins to secure wallets from exchages there is a shortage of bitcoin. As bitcoin act as a middle men in all exchanges most of alternate coins are in down trend.
People are selling their alts for BTC. Once we get over 1st of August, alts rally will be back.
btc is going to hit the floor
Totally agree with it! I also posted something similar, I think Alts will have their comeback!
i think it would be better to hold both .u never can tell what would happen next.but i think holding bitcoin would be more preferred on the long run it would still gain value .
For now altcoins will suffer from lack of balances being left in exchanges. Simply because exchanges can't currently be trusted to have your back when the Aug 1st changes occur. But altcoins will come back strong as soon as the Aug 1st event is complete. In fact it will be the ultimate time to buy Alt coins!
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Because the alt coins are going to loose value it will be the prime time to buy once exchanges start happening agin is the time to buy. The question will be which early bird gets the worm!