Quote from: RajaJudi on January 24, 2018, 03:46:23 AM

Quote from: valentine401 on January 23, 2018, 08:29:11 PM

Quote from: Stedsm on April 14, 2017, 06:49:21 PM

I have been seeing Bitcoins' price rising with a stability in its growth, but due to the higher mining fee that is being levied on transactions these days, big businesses are now moving their funds towards alts and taking advantage with their least fees as well as shaping a completely new economy in the trends of altcoin markets. Do you think this may harm Bitcoin's dignity and open up a chance in real for alts to rise?

Any altcoin can stand a chance against bitcoins if there's a lot of people who are demanding on it. The growth of any coin in the market is always depending on the consumers choice on where they are going to invest their capital and it will trigger its price to increase when the supply is decreasing. supply and demand is always the reason why coins value are decreasing or increasing in the market.

Many people start investing the others digital coin. They are not focusing on Bitcoin anymore when they realize that the others coin can give them more profit than Bitcoin. Etherium is a particular example. Generally, it depend on the investor who chooses the coin that he likes to invest. I think the other alts have chances against Bitcoin.

And such a situation, when people no longer focus on bitcoin as the main object of investment plays a very positive role. On the one hand, bitcoin will not grow on speculative speculative demand as a financial bubble, and on the other - all the crypto currency will develop in the price plan more or less evenly. It also plays a positive role in the sense that states and their bodies will not be so wary of the crypto currency because of the sharp price breakthrough bitcoin.