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?
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 think its hard to compare between dotcom buble with cryptocurrency market condition right now. Maybe its true many altcoin dont have good project but its not all altcoin because many altcoin having good project and having working product.
I am agree that altcoin without good product will be death but altcoin have potential become good investment in the future