Post
Topic
Board Speculation (Altcoins)
Re: More altcoins produced the more Bitcoin or even ETH will go down
by
Froy
on 14/11/2018, 06:45:03 UTC
In my own opinion, the more altcoins and erc20 tokens being released everyday in market, the more it affects Bitcoin or even Ethereum's price to go down.Since the volume of investors should be instead investing on btc and eth are now divided to altcoins.What do you think?
Now it is easiest to make fork ether, so the price for it as the demand drops. I believe that this should be somehow controlled, otherwise everything will just plunge into a variety of forks. There is nothing new in them, nor what can be profitable; these are just temporary pumps.