Post
Topic
Board Economics
Re: bitcoin and altcoin
by
Rizky Aditya
on 11/08/2018, 07:22:42 UTC
the development of altcoins or their derivatives has been overwhelming, namely new tokens and ICOs whose manifestations vary according to fields but upgrading from bitcoin itself is still relatively minimal but from both prices bitcoin still dominates and is fairly stable
Bitcoin have more value than alt coins. It might be possible due to the decreasing of bitcoin price people start investing in alt coins which case other coins start rising.Now bitcoin is pumping people leaving alt and buying bitcoins.
Yes it is common when people realize that bitcoin price is trading stable they divert their investment from bitcoin to some other places, but I think that in currency time bitcoin price is already trading low therefore I do not think that they going to withdraw their investment from bitcoin and put it in some other altcoin, because bitcoin price is already trading low.