Post
Topic
Board Speculation (Altcoins)
Re: what does $1000 bitcoin price mean for altcoins?
by
Ayers
on 24/02/2017, 16:42:01 UTC
Bitcoin price is at $1152 Dollars per 1 bitcoin this means that altcoins will be increase it price too where many people will be happy on what the bitcoin price at now. For me the best profitable in bitcoin is i'ts alternative coin where we can get really profit into it. And we can minimize our loses. Better to hold them till the bitcoin price hit 2000

i think people are missing the point here, you need to understand first the diference between value of the coin related to btc and intrinsic value, if bitcoin go high it's normal that all the altcoin will increase in value, but their intrinsic value will be less, i mean their value in bitcoin will be lower, because of liquidity, you can't inject all those added money in all the altcoin, it's impossible for the investors