Post
Topic
Board Speculation (Altcoins)
Re: Is it bad for altcoin that BTC is dropping
by
patispace
on 25/10/2018, 21:32:49 UTC
Although most of the altcoins present valid alternatives to solve the deficiencies of bitcoin or seek to offer adequate solutions for a specific niche of users, unfortunately the market has ignored the intrinsic value of each altcoin and seems to have put them all in the same bag, punishing them too much in times of high volatility in the behavior of bitcoin, which is no more than a clear signal that those who are investing in altcoins do so for purely speculative purposes, without any commitment for individual projects, so undoubtedly it is bad for the altcoins that the price of bitcoin remains bearish.