Rejected $8000 twice, are the bulls gonna run out of steam?

Hard to say because it's rejected certain points 2-3 times throughout the last four days of this run, eventually breaking through.

The parity multi-sig bug was a coders error with solidarity, nothing to do with Eth. But ye, I would've expected a hit regardless.I understand your sentiment around 'too good to be true'. The whole thing is just bizarre right now; a bubble for sure where people keep investing more and more as the price goes up.

Not sure if I'm gonna buy more ETH at it's current price now. I'd much rather <$300.

When do you guys honestly see BTC going stagnant for a while? Was there anything in particular that made it do that last time? Really hoping it is sometime soon so the market can not seem so crazy and alt coins can have a chance for gains, but I am not counting on it by any means

yea this btc growth wasn't normal at all. it took about as long as you would expect for it to take at its marketcap

its been zooming way beyond what it normally does. well, besides the bull runs

the catalyst imo was the first fork. that made it the center of the market and gave it tons of news and spotlight time, and then they announced the futures. prob all a pretty well orchestrated run

I think what's going to happen will be as follows:

Tier 1: BTC, ETC, LTC will be the best performers
Tier 2: XMR, OMG, etc level alts that have good platform or working product
Tier 3: ICOS that come to the table ready to launch vs an idea on a white paper
Tier 4: Move money strategically between pumps and dumps in the lesser alts

With the way crypto moves so fast, the best of the best need to up their game quicker to gain an edge. Think of how football players today are bigger, stronger, faster than 30 years ago, this is a similar idea.

Tier 2 is just higher risk, higher reward/loss. Unfortunately right now we are still at phase0 for these projects. A handful of alts that produce viable business products will perform better than Tier1.

The next phase is for these “alts” to produce potentially profitable products. He vast majority will die, much like normal companies. I expect some of them to produce product progress and alliances in mid 2018.

IMO a smart investor would swap in and out of alts and BTC, only taking a position at the beginning of each phase (months apart). The difficulty is the timing, you must be on top of all the news and _always_ be ready to pull the trigger. The lazy option, holding, will produce lower returns but it’s less work.

The OG dude that created the initial thread is now a millionaire (if he held) , suckers. LOL

Yes indeedy, feed the needy!