Post
Topic
Board Bitcoin Discussion
Re: On most altcoins disappearing
by
Slow death
on 28/01/2020, 13:12:43 UTC
[...]

https://coinmarketcap.com/all/views/all

now we have 5,067 altcoins... It is known that most of these altcoins are pump and dump schemes and people buy bitcoin to trade with these pump and dump altcoins, this means that these altcoins also contribute to bitcoin adoption and it seems to me that these altcoins are not going to die anytime soon, as hard as it is to understand, there are many people who like altcoins (even though in many cases these people are at a very large loss they still hold altcoin)