Post
Topic
Board Speculation (Altcoins)
Re: Tone Vays said that in next bull run altcoins will die
by
ololajulo
on 16/03/2019, 21:24:47 UTC
Hello, recently one of the most famous traders Tone Vays said that next bull run will cause altcoins crash because people will start with the massive sale of altcoins and they will put everything in Bitcoin.
Do you agree with him? Really only Bitcoin survives?

I think that some altcoins can actually die, but it will depend on how the project will develop. I think that in 2019 all the coins will take on value. During this proper bull run (probably in 2020) some altcoins can unfortunately lose.
Bear have some advantages of starving weak projects to death. Most of them made a big mistake of keeping most of the fund in bitcoin and ethereum, hoping to make more money with it but the market shrink right in their face. They couldnt fund the project longer while they have lot to spend on. Projects that dont have strategy to push volume in the market will eventually die, institutions are the only substitute for trust in ICO now.