I think the majority will keep funnelling their FIAT and alt coin into BTC until the BTCGold Hard Fork, pushing the price higher and higher ~$6800.
Price will fall the day before the hardfork as people take their profits, believing BTCGold to flop ~6200. The rest will hold but from what I understand at the moment there isn't really anywhere set up to trade BTCGold. People will separate their two coins and then sell off bitcoin back into ALTcoins ~4500.
BTCGold fails to deliver and people are left with a coin with little value but enough to make up the loses of selling BTC at a loss.
The whole process repeats itself for the next hardfork.
I have no idea what I'm talking about, but that was fun!
Don’t sell yourself short. It sounds like you know exactly what you are talking about!
@tytran agreed!
I thought you would be interested in checking this crypto that is similar to NEO, actually the CEO of METAVERSE was co-founder of NEO. I made a research and a post yesterday: https://steemit.com/cryptocurrency/@gold84/metaverse-etp-has-almost-climbed-from-usd1-20-to-usd15-70-in-just-10-days-is-it-the-new-asian-neo
Lookking forward to your thoughts. Upvoted. @gold84