Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is less stable than some ALTs !
by
fortunecrypto
on 18/12/2018, 09:59:55 UTC
you are calculating percentages wrong!
XRP got dumped from $0.53 down to $0.43 and that is 18.8%
XLM got dumped from $0.26 down to $0.21 and that is 19.2%

besides the rule is this:
when bitcoin drops, altcoins get dumped hard unless they are on in pumping session.

so altcoins may not always even go down! they may actually go up. as it was the case with a couple of them that have been pumping during the past 48 hours.

seems like centralization or semi-centralization in crypto is going to take over one way or the other. I hope not but we shall see soon.
don't confuse pumps with "taking over"!

There's really a big difference between pumps and taking over if they are really going to take over then their price will not get affected everytime Bitcoin drops, and the "pump" is continuous and it should not be fake volume not groups making a pump of those coins, but all the community will buy and hold that coin.