Post
Topic
Board Economics
Re: bitcoin and altcoin
by
fabrizoc
on 21/08/2018, 07:10:53 UTC
in these days bitcoin had a strong rise, but the other coins seem to be standing at the stake, is there a reason?
do you think that the whole market can be resumed? or will most of the altcoins fail in these months? sorry for my english=)
Bitcoin is the biggest and it always controls the market. Investors usually go for bitcoin when they want to invest and that doesn’t has to do with whether the price of bitcoin is going down or up,  they will always go for Bitcoin that’s the reason why the price of most of altcoins will continue to go down even when the price of bitcoin is going and down.