Post
Topic
Board Bitcoin Discussion
Re: Will cryptos be so volatile forever?
by
1Referee
on 30/01/2018, 11:57:20 UTC
Alts is like shit side of the bitcoin and it should have never come out and we could have seen actual developments of the BTC. The whole idea was just the transaction and nothing else but we ourselves made them to work for ourselves and earn money for us.

That's pretty short sighted. I do agree that the majority of the altcoins are nothing more than shitcoins, but there are certain coins actually solving a problem, where alongside that, they have various other decent usability features that Bitcoin at this point in time doesn't offer. Technical developments in the altcoin part of the market may eventually even flow into Bitcoin, and the best thing is that altcoins can be seen as a perfect testbase for Bitcoin's potential future implementations. Anoter important factor is that altcoin trading is largely based on BTC, which basically means that altcoin trading keeps an insane number of coins off the Bitcoin markets. I am happy that we have altcoins being part of the cryptosphere