Post
Topic
Board Altcoin Discussion
Re: Are you Bother of the latest Cryptocurrency price drop?
by
FruitsBasket
on 16/08/2019, 21:55:35 UTC
The latest CryptoMarketCapitalization drop was surprised us all and most of the altcoins price was also drop deeper, if these trend will continue im afraid that the anticipated Bullrun wont happen in 2019. My million dollar question is whats the cause of these huge drop again in cryptocurrency prices? can these bring any harm to the crypto-market momentum.
Bitcoin is gaining so much dominance that altcoins just get oversold and crushed by big players. I think once btc settles down, the time for altcoins will come and they will more than recover. I also think the bullrun won’t happen very soon. These drops can not be prevented, either the news about the bitcoin dumping ponzi scheme is true, or it is just some news attached to price action without relevance. No clue about the latter, however what I know is that real world usage of blockchains will be the trigger to the bullmarket. Real token usage and value proposition is needed for an blockchain company to profit/grow and take over or atleast get a marketshare in whatever branche.