Post
Topic
Board Bitcoin Discussion
Re: Bitcoin or Altcoin?
by
ladydark
on 11/06/2017, 07:18:55 UTC
While Bitcoin there are a few scaling options, it appears that a number of Bitcoin investors have been switching to Altcoins, and may not switch back to Bitcoins any time soon .
What will happen if investors continuously switch to altcoins? Will bitcoin crash ?
I don't think that people with good knowledge about cryptos would switch to altcoins.If they are doing so,absolutely they are doing a wrong thing.Bitcoin price has been gradually increasing and no more manipulation is found in bitcoin.Today's bitcoin price expresses its true value.But Altcoins donot express so.Even if there is an increase in altcoins price,we should know that it is being pumped and investors in it would loose their money soon when it would be dumped.Altcoins have no special features to attract bitcoin investors.Only very few of them are legit.