Alt coins finding their floors.

This past week on the Bittrex exchange it seems like BTC-HYPER (Hyper) has found it’s floor around .0001, with BTC-XDQ (Dirac) at around .0004 though both coins continue to exhibit higher spikes for day traders.

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BTC-RZR (Razor) had a very stable floor around .0003 with a much narrower spread though it has had some bumps which seem to be resulting in solid gains, only time will tell. I also looked at BTC-PINK (Pink) but am not so sure it looks to have an established floor yet.

On David Seaman’s podcast Bryce Weiner of BlockTech mentioned this kind of flooring with certain alt coins that have strong dev teams and plausible use case scenarios WATCH. This is in contrast to the “pump and dump” that had been seen with other alt coins that were hyped and then crashed because ultimately they have no reason to exist, unlike the coins mentioned above that are trying to do useful things that Bitcoin doesn’t do and doesn’t want to do. On the other hand no one knows yet if the teams behind these coins will actually realize their ambitions. Only Razor seems like it’s close with a new online marketplace which is supposed to launch any day now.

I highly recommend the 2 other recent interviews with Bryce also: WATCH WATCH.

Finally here’s a simple angular.js web app I created to show multiple Bittrex tickers on one page. My old Macbook Pro can’t handle all those Bittrex tabs at once and stream video at the same time ;)

Disclaimer: I’m not an authority on any of this, I’ve just researched some coins and watched the markets closely for the last few days.

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