Post
Topic
Board Speculation (Altcoins)
Re: big altcoins losses (BTG 92% Down)
by
deadsilent
on 30/06/2018, 23:37:47 UTC
Bitcoin gold is 92% down since dezember its speeds up its halfing much faster than bitcoin,

https://coinmarketcap.com/currencies/bitcoin-gold/

Well, that sucks. Bitcoin gold declined so huge and so as everyone. Altcoin market is dead while Bitcoin is trying to revive. But the drop make BTG almost worthless. 92% is insane!

Quote
But with bitcoin gold declinging why shouldnt bitcoin decline?

Bitcoin declined too. But BTG is different from BTC. BTC have large amount of supporters and BTG is just a forked coin from BTC and in terms of popularity, BTG is not that popular. Most of the forked coins from BTC for sure declined huge also. And many forked coins from BTC will pop out soon. But BTC still the king and they will fail to replace it. Anyway, BTG can recover. The volume just not enough to make it rise. Once huge volume of capital pour to the market. Expect the surge of it and other altcoins in the market.