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RE: Most coins are red while BTC is up 5%
Everyone's getting in on the free Bitcoin Gold train, expect the trend to continue until the 25th.
Everyone's getting in on the free Bitcoin Gold train, expect the trend to continue until the 25th.
Maybe... but I read BTG would initially sell at 0.1BTC. Why desperately sell alts 20% cheaper? And I also doubt BTG will trade higher than BCH... and finally: there is the SegWit2X next month. So if this is happenig more than two weeks in advance it may continue until November.
I think you may be correct a sell off of ALTs to get in on BTC for free BTG - do you think once BTG is issues it will be dumped and money move back to ALTs or will people stay in BTC for segwit2x fork as well ?