Quote from: Zicadis on February 01, 2018, 09:11:05 PM

Quote from: 600watt on February 01, 2018, 08:10:17 PM

Quote from: ktabb on February 01, 2018, 04:45:26 PM

~snip~

thank you for your post. posts like yours are telling me that bottom is getting close. the number one crypto will never go up again because of... ...other cryptos? what you are forgetting is that every new alt coin is not only competing with bitcoin, but also with every other alt at the same time.

I agree with you, the more altcoins we have on the market the more money is removed from the bitcoin pot which results in reduced share capital of bitcoin in the crypto market, but if this remains the way they are btc could become more stable and the current dip in prices could be blamed on high transaction fees which has seen btc been dropped as a payment method by big companies hope things change soon.

That may be for the time being, i am sure that one bitcoin will take a step and when its price will start increasing, people will surely reinvest their money in bitcoin. they are just waiting for the better time and i am sure that bitcoin has the ability to recover its potion and very soon we will see another all time high price of bitcoin in the market.