Hi everyone, so what's your thoughts ?
I think it's very likely that in this new year we'll see a pretty big rise of altcoins if Bitcoin continues to have a few qualms. The confirmation times, ranging transaction fees, and volatility are all making investors shy away from the coin, and that clearly caused a pretty significant drop. Because of this, I could see why investors would start to favor other options like the explosive Ripple coin.
If bitcoin can fix some of those issues that the general public has with it, I could see it back on the rise but definitely not exponentially. I think exponential growth was just a 2017 thing. Linear growth and stability might be the new face of BTC.
Altcoins are really going to be having a good time this year as well as bitcoin. For altcoins though, a lot of new investors who missed the huge one last year may see altcoins as the closest investment that would help them to realize the little that they ended up missing from bitcoin.
The end of last year, we already saw the huge percentage increase in some of the alts, and I am sure this year would even bring more but we cannot ignore that those rise is just due to big appreciations of bitcoins and without bitcoin hype altcoins would not have achieved any height for sure.