This one is for you if you looked at the sea of red in the markets earlier today and squealed like an alley cat :0)
There is a message of deep positivity within!
Bitcoin Vs Alt-Coins: a short animation
8 years ago by meesterboom (78)
$71.72
- Past Payouts $71.72
- - Author $63.05
- - Curators $8.67
247 votes
- + gavvet: $11.074 (100%)
- + snowflake: $4.463 (100%)
- + someonewhoisme: $4.114 (100%)
- + freeyourmind: $4.110 (100%)
- + jrcornel: $2.686 (100%)
- + abdullar: $2.099 (20%)
- + infovore: $1.918 (100%)
- + exyle: $1.713 (100%)
- + bleujay: $1.712 (100%)
- + teamsteem: $1.644 (100%)
- + hanshotfirst: $1.444 (100%)
- + ericvancewalton: $1.418 (100%)
- + tamim: $1.407 (14.5%)
- + shaka: $1.344 (50%)
- + geoffrey: $1.284 (100%)
- + pharesim: $1.234 (4%)
- + dragonslayer109: $1.223 (100%)
- + ace108: $1.193 (82%)
- + joseph: $1.152 (100%)
- + kus-knee: $1.131 (100%)
- … and 227 more
Hahaha
STUNNING!
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Cheers! I had to do something after seeing BTC storm up this morning and every other coin die on its chuff for a while!
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Indeed, and illustrated with such power within its simplicity!
WELL DONE!
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Thank you so so much!!
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AGREED!
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Ah, there you are, just stopping by to show us how you Rock out with your sox out? (A linguistic improv that sentence was indeed!)
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I rocks on with my socks on, tha's right baby, you know it!
Yeah, crazy few days, can't seem to get a post up...how's breezin? Is she sneezin? Or wheezin? I know one thing, she's pleasin...to be around ;)
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hahaha, I just read that i 4 different accents, and all of them touched my inner child in funny places! I am all good, but lets not hijack my dear friend @meesterboom 's post to discuss jargon of such magnitude!
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Thank you for posting @meesterboom.
Somehow missed this one.
You are not kidding....it is a wild ride and with the banks having their hiccups...watch for it to get even wilder. No Ripple should be in your portfolio by the last week of May.....they are too closely associated with banks. Watch for news concerning the banking industry at zerohedge.com. Just bleujay's opinion.
Wishing you and yours all the best. Cheers.
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Oh that's fascinating @bleujay. I will check out what they say. I would hate to be holding the bag as it were with ripple...
All the best to you and yours!
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Thought I may have see saw something!
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Yeah you might have done!! :0)
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Hahahaha, another classic man!
Aye son God bless ya
(:
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Aye!!! Cheers dude, thought a picture would explain better than words!
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Steemit Hall of Fame.... I have not posted on that in awhile but you are in there!
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Wayhay!!!
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I'm curious as per why this happens. Can anyone explain?
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I suspect there are a number of reasons but the most basic one I can think of i that alt coins are priced in BTC, if BTC rises and their price stays static then technically they are worth less BTC.
E.g.
BTC = 100 & ALT = 10 (10% of a BTC)
BTC has a good day and increases in value because lots of people are buying and trading with it increases to 120
Now our ALT is still worth 10 (Now only 8.33% of a BTC)
So if you look at the numbers the percentage worth of a BTC is down. On the price charts it will look as if it has suffered a 1.7% drop but technically it is still worth what it was before just that BTC is a moving target and if it is priced against that it can look as if it moved up and down when it doesnt.
Lol, I hope that has helped. There are a lot of other factors, one that comes to mind is that people sell alts when they see BTC rise lowering the ALT price and then buy back in when the ALT has dropped. ITs a complicated thing!
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Yeah its this way if you look at Altcoin/BTC duuh
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We have CONSENSUS!
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So, you caught the swing pattern and made some?
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I am attempting to!!
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All the best to you.
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And to you my friend!!!
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Ooof! Right in the feels :( I really hope the alt coins recover just enough so that I can get out of the hole haha!
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Oh they will!!! Pivx made a minor come back. It will only get better. Apparently they have a wallet coming soon. That will make a big difference
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Haha yeah.. I saw that. While it reached the price I bought it, the price that I've set was too high that it didn't reach it >.< It seems my greed has either helped me gained profits or doomed my PIVX to rot in my portfolio for eternity. Fingers crossed you're right, brother!
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ANON GOD SEND U A BLESSING :] MFG BLESSING
https://steemit.com/cryptocurrency/@mfg/adopt-crypto-gods-new-lucky-alt-coin-talismans-for-you-to-cast-it-shall-bring-you-a-hapiness-and-luck-blessed-by-and-many-faced
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