Post
Topic
Board Speculation (Altcoins)
Re: altcoin growth too slow?
by
dillpicklechips
on 29/10/2019, 14:29:30 UTC
when i compare the markets with the bullish trend years ago i get a bit confused.
the growth always came along with bitcoin but when i see the altcoin today the growth is a bit (how i might say that...?) ridiculous...
will this change or will the volume still be so low? 24hr highs and lows variated beetween dollars back in the day at 100m coins but
today it grows a few 0,x1-3 at a btc pump and then everything is falling apart back at one little red day. the altcoin market feels a bit like a sick patient to me that trys to get revived by a lot of effort but every little stop its dieing again...

Last year bitcoin dump its prices to at it's lowest, the fact that bitcoin dump or the downhill of bitcoin, it has a huge affect on some investors and they invest on ICO and any altcoins to turn the table around but I think that was one of the main reason why altcoin is too slow in contrast to bitcoin, right now its gradually taking its price before and I think we will see a bull run by the entering of the year 2020.

In terms of the altcoin growth there are to many altcoins on the crypto world, altcoin with their own personal characteristic and price, but how long would they survive that's the main question of it. Also, patience is the key, the phase of altcoin is still slow since the market is adjusting too.