hyphymikey
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October 10, 2014, 06:03:19 AM

could btc/usd prices be impacted by cryptsys huge volume of XRP markets ? and would altcoins help or make it worse for the growth of BTC/USD?

The altcoins that come to mind that seek larger speculation of growth like Coin Magi (XMG), Primecoin (XPM), Peercoin (PPC) ..?


DOGE is a pretty big one

its hard to say exactly how it these alts effect he BTC market

but the idea that BTC is needed to bid in these markets is rather bullish for BTC.


Alts have diluted capital flow into BTC. Perhaps just fool's money, but imagine if all the cash that went into DOGE et al. went into BTC.

Once they see BTC rallying they will trade DOGE for BTC