Credit goes to source : https://www.cnbc.com/2018/08/14/crypto-advocate-bitcoins-narrative-problem-is-spooking-investors.html
The Altcoin market is currently a war zone and it looks like a small Dotcom bubble have burst.
I compare Bitcoin to the bigger Microsoft/Dell/Yahoo companies, during the DotCom bubble and the Alt coins to the gazillion of tech companies that went bankrupt.
Will Alt coins suffer the same fate and will Bitcoin rose out of the ashes like these bigger companies, that ended up being bigger and stronger than what they were, before the DotCom bubble burst?
What do you think?
I believe that bitcoin is the bubble and the bitcoin bubble is breaking, you can see that the market is continuously going down dramatically in the past few days, bitcoin and altcoin prices are constantly falling, so to have To minimize the risk you should only invest in short-term bitcoin at this time. Bitcoin prices will continue to decrease at any time so you need to keep an eye on the market.The Altcoin market is currently a war zone and it looks like a small Dotcom bubble have burst.
I compare Bitcoin to the bigger Microsoft/Dell/Yahoo companies, during the DotCom bubble and the Alt coins to the gazillion of tech companies that went bankrupt.
Will Alt coins suffer the same fate and will Bitcoin rose out of the ashes like these bigger companies, that ended up being bigger and stronger than what they were, before the DotCom bubble burst?
What do you think?