Post
Topic
Board Bitcoin Discussion
Re: Bitcoin will be more valuable when the altcoin bubble bursts
by
gentlemand
on 07/07/2018, 11:19:23 UTC
You know dotcom bubble was the caused because people rushed to buy technology companies shares.but the problem was that most of  these tech companies did not even have a product or even a plan to have a product.they were just in for the money they can grab.

I think this is a very valid comparison, but I dunno if BTC would emerge unscathed from an alt implosion. It's going to take more time for there to be a detectable difference in most minds. We can already see it developing with serious investors, I've never seen a talking head on TV enthuse about EOS or Cardano, but that still leaves a lot of little people to panic.

Either way I'm pretty amazed some of the stuff that's in the top ten on Coinmarketcap is still there.