Post
Topic
Board Altcoin Discussion
Re: Bitcoin dropping and Ethereum rising?
by
btcdevil
on 23/07/2016, 14:12:18 UTC



What do you think? will the price of Bitcoin drop because of the rising of Ethereum? can Ethereum grow so big it could challenge the market cap of Bitcoin?
No, in my opinions the increases price of ETH never giving any effect for bitcoin, the decrease of bitcoin is nature not caused by some things. in my assuming the dropping price of bitcoin is caused by some people is not patience to holding their BTC in their wallet and then they wanna to selling their BTC.

what you replied is correct , that bitcoin cannot be replaced by ETH , ya but it can be that ETH can create some more value to its coin, and about the price it is natural that the price goes up and down, but you can see that the price is mostly between $650 and $700 only so their is not much movement of up or down that you can tell that the bitcoin price is going down or it is rising.