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RE: Bitcoin Effect on Alt Coins

in #steem7 years ago

Excellent time to buy steem and alts?! I don't really get why people would dump ALL their alts so as to hold on to BTC, just to get a fork coin that 'could' be worth a max of 20-30% of their BTC? Oh well, guess we'll see what happens on this roller-coaster in the upcoming weeks. My prediction: BTC will be down right before fork, then up again shortly after fork. Most alts/BTC will be the inverse of BTC/USD, especially when it starts to correct or make new ATH's.

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