Post
Topic
Board Speculation (Altcoins)
Re: bitcoin and alts
by
Deborah Christine
on 03/10/2019, 01:58:22 UTC
if bitcoin retraces now soon what will happen to alts? will they fall with it or will they rise how will it play out?

If the price of bitcoin goes down, the price of altcoin will go down too. And if the price of bitcoin rises too dramatically the price of altcoin will also fall. Altcoin is more volatile than bitcoin. Altcoin instability is caused by a low market.
Altcoins are also exponentially easier to change, because they have a vulnerability to price manipulation, where large supplies are usually held by a handful of people.