Post
Topic
Board Trading Discussion
Re: Can bitcoin kill maximum alt coins?
by
akram143
on 11/11/2017, 16:29:08 UTC
Now a days all alt coin markets has been dumping and dumping without any simple pump for the btc price increasing.So just i want to know that can bitcoin destroy the maximum type of alt coins market?

Well this run can't go on forever. Alts will be there are would survive this btc surge. They've done all the time and were able to regain footing again even after the price of btc shot back up
Since bitcoin starts to rise there is all red in the market of altcoin and this is the alarming situation of altcoins investors and all they are doing that they are cashing out their money and they are waiting for the dump for bitcoin so that they can invest into bitcoin and yes bitcoin is killer of altcoin market because it has diverted the attention of other coin investor toward itself and this is the best for the bitcoin investor,

In recent times the bitcoin attracted many user to bitcoin side which allows the rapid price growth in bitcoin but for the last two days the bitcoin price is dumped due to its cancelled for so now the people are converting in to bitcoin to altcoin.
As i am a bitcoin lover i always be investing on bitcoins i think many of the people also have the same thought so it might decrease the demand of bitcoin which means slowly killing it.