Post
Topic
Board Economics
Re: Do you think "new" Alt coins & "Blockchain" based coins are good or bad for BTC?
by
Slow death
on 30/05/2018, 11:15:56 UTC
Do you think this is Good or Bad for Bitcoin, when this happens?

Well, let's look at the current state of affairs: do we currently have more regulation and the reason for so much regulation? high volatility, many ICOs created by many scammers. many people have lost a lot of money because of ICOs created by scammers, but at the same time that many people lose money because of ICOs created by scammers, many people get to know about bitcoin and many people sell their altcoins to buy bitcoin. So whenever a new altcoin is created even if it is shitcoin, it always benefits bitcoin, even the regulation benefits bitcoin... because it will be thanks to the same regulation that in the future we may have more rich investors investing in bitcoin because they will feel more secure.