Post
Topic
Board Economics
Re: bitcoin and altcoin
by
indrakusumaindra
on 17/11/2018, 17:38:41 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=)
I believe the market price of all coins is determined by process and developement of the product. Many people think ripple is not good coins cause its just like a traditional bank and kind of like that but as i see ripple is one of good project which have a real product and do have a real partnership and seems like ripple are started to be big by partnering with big bank such as Bank CIMB from malaysia. I believe market will start resume when we do have a clear regulations regarding ICO and also real use of the product from altcoins company. I also believe in year 2019 we will see so many use of blockchain technology in many aspects of businesses, we do already see a good example of company using blockchain technology in their businesses for example the wallmart that using blockchain technology for supply chains.