Post
Topic
Board Speculation (Altcoins)
Re: what is happening now?
by
Harriti
on 19/11/2019, 04:01:19 UTC
hello friend,
in 2017 I was very happy when I saw the price of Bitcoin increase in coinmarketcap because when the price of Bitcoin increases, then the price of Altcoin will immediately increase too, but for now when the price of Bitcoin increases and it does not affect for the prices of Altcoin (even still down), then when the price of Bitcoin goes down and at that time the price of Altcoin will go down too, so I do not understand the current state of the market and what is happening right now.
In my opinion, 2017 was the year of the crypto bubble when all the coins were pushed very strongly and it formed a huge bubble and then it had to burst, because that's the rule of economic operation.
Now the market is operating normally again and there are no further manipulations. therefore, its price only fluctuates lower.