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UnknownUnicorn357720
Jan 18, 2018 1:34 PM

Altcoin Barometer Long

Dogecoin / BitcoinPoloniex

Description

I like to use DOGE as a way to understand the madness of crypto speculation.

A quote from @TEAMMONEY
"Doge is a good canary alt."

DOGE has no active development as far as I understand, yet it pumps and dumps well.

I'm expecting DOGE to hit roughly 240 satoshis. I think it can break the summer high but not go for an ATH. Similar to what NXT did.

If bitcoin recovers toward 15,000 and the altcoins finish their pumps, I will probably sell half of my crypto into fiat again.

I am not going to hold everything through a bear market.
Comments
RealMcafee
Looks like it's going down. None of the other pumps survived after going red at the top.
Alireza
Bytecoin and Dogecoin so many similarities. And actually, Bytecoin Dev team is now more active than other days.
Do you have any idea about Bytecoin?
UnknownUnicorn357720
@Alireza, I don't know anything about the fundamentals, but the chart is almost exactly the same. I would be happy selling BCN @ 240 also
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