JayJuanGee
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Merit: 1825


How much alt coin diversification is needed? 0%?


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August 17, 2014, 12:25:50 AM

Oh my god, HUGE pumps in the making, buy now or become homeless tomorrow.

Just wait for the maximum pump and then sell most of your coins.
We will see another dump to sub 500$. But how high will this dead cat bounce be? 580$, 620$ or even 650$ ? I don't know.


Based on the current trade volume level.... Unless these dumps are based on imitation (fake) BTC, there do NOT seem to be enough coins out there to cause another revisit to the sub $500 arena in the near future (such as over the weekend), absent some further passage of time or some major FUD spreading (and credible FUD spreading seems unlikely at the moment).