Post
Topic
Board Speculation
Re: ICOs are the cause of recent bitcoin fall.
by
Maestro75
on 18/06/2018, 09:02:48 UTC
In my opinion I am beginning to believe that all the funds that were suppose to get into bitcoins for it get to a higher price are diverted to purchase ICOs tokens and this might be the cause of bitcoin fall. If I have bitcoins, and I spot an ICO that has a potential to be the next great coin, I will probably sell my bitcoins for it, and this I think is part of the cause of bitcoin fall. What do you think ?
This is another failed theory on the reason for the fall of bitcoin. How do you compare the two different things to start with? Bitcoin goes up, altcoins also go up. The same also happens when the price is down. Now how is it that you believe that the shift of attention to altcoins has made bitcoin to collapse. Except you believe that it also makes altcoins fall too