Post
Topic
Board Altcoin Discussion
Re: Bitcoin is draining the altcoins
by
FrankNoland
on 01/12/2017, 22:23:50 UTC
Price of altcoins is dropping, nearly 85% of altcoins suffer from the recent bitcoin boom because most people exchange their coins for bitcoins.
What is your thought on this matter?  
I agree with you with you, if you bought some altcoins a few months ago, you might possibly be experiencing a loss currently even if the altcoin is possibly currently trading at more than the value that you bought it for. I have experienced it, and currently experiencing it. The value of bitcoin has skyrocketed in the past few weeks and possibly leaves some altcoins worthless.