Post
Topic
Board Speculation (Altcoins)
Re: bitcoin and alts
by
Natalim
on 10/09/2019, 11:52:55 UTC
If bitcoin prices skyrocket again, then slowly the price of altcoin will also go up. Circulation like this will continue to occur in the cryptocurrency market, considering the price of altcoin always follows the development of bitcoin prices.
If all your prediction would happen, it would bring positivity in the entire market, we cannot deny nowt hat bitcoin is still the most consistent coin in the market but altcoins in general have a very poor performance this year. A skyrocket of bitcoin means we are also expecting that there will be a new ATH that will be created, and with new ATH comes with the hype and the FOMO and the we will see new big pumps again.

I was just thinking of the scenario that happens in the past, I don't know if it will still happen sooner, but it's good to stay optimistic all the time.