Post
Topic
Board Speculation
Re: The Bitcoin CRASH is coming!
by
BartS
on 07/12/2017, 22:14:26 UTC
Many altcoins are down in value as holders of these altcoins sell them and buy BTC instead - it sounds so promising, BTC is the future, the rest is not.

you say that as if you don't believe it!
the thing is, majority of the altcoins specifically the top ones that everyone hypes these days, are worse than bitcoin. you just don't see the issues in them because they are not used. they just hype it and pretend they are better, more promising, better scaling, etc. but when it comes to reality they all fail, harder than bitcoin. google crypto kitties and see how it crippled ethereum for 3 days now.

and yeah, bitcoin will crash like it always does after a big rise. but in the end it will pick up again and continues rising because it has that "real adoption as a currency" not just speculators who are in it for short term.
This is something I agree with, many alts have marketed themselves as if they have all the answers to the problems bitcoin has, and the truth is that is not the case, their networks are only fast because no one uses them, people only uses most of the altcoins as speculative products, now the chances bitcoin crashes go up the more the price goes up at that speed but if you are a holder you should not care about such a thing since bitcoin is still too cheap for me to sell my bitcoin.