Bitcoin crosses 64% dominance on cmc
The relentless Agony of the Alts...
Very nice to see on cmc a sea of red except for
BTC.
And speaking of alts, (yeah, sorry bout that)....
....the winner of pop and flop shitcoin-of-the-day is....
Egretia whoopee cushion sound>
I am so badly disillusioned by shitcoins I dont think I am capable of taking any blockchain project seriously. And thats probably not a good thing, because if something genuinely good does come along I will probably just reject it out of hand.
I am not disillusioned with a specific comment that some are a mess, some too self-dealing and others are not even "real" crypto.
The downswing in alts had happened before and I am not sure if market dynamics favors just one coin.
Typically, in most other markets, there are at least a few dominant players (maybe FB and GOOG are the exceptions). We shall see.
I am certainly not selling any bitcoin for alts.