Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
Haladay
on 29/05/2018, 13:38:37 UTC
Yea I am worried too. The Bitcoin decline started at the end of last year when Bitcoin futures were taken in use. Futures can be used to manipulate gold, oil, silver, fiat, wheat and what ever, so why not crypto. The Futures do not bring any money to the commodity they represent, so no wonder that happens.

When the Bitcoin has declined more than the alts have been able to increase, they have lost too.

So what do you think what the Bitcoin futures have to do with the decline?

Well, this is a hard question. Bitcoin futures seem to affect the whole market, not only BTC. Until now, I couldn't understand if it's good or bad for the environment. We will get this in the second half of this year.

Monero is under stress as well.