Post
Topic
Board Altcoin Discussion
Re: Nothing is wrong with altcoins
by
BITCOIN4X
on 04/02/2020, 00:31:17 UTC
~snip
An increase in the price of altcoin which is influenced by an increase in bitcoin prices will usually also go down when the price of bitcoin has decreased. Altcoin is a clear form which is a large scale project created after the existence of bitcoin. I dont think that this is a form of competition but rather towards using the right ideas and business opportunities.

I would say this is a competition when altcoin does not follow the trend of bitcoin prices and is purely an increase and decrease based on the development of the project. But many altcoins will continue to be affected and keep abreast of the trend in bitcoin prices and I dont think it is a competition.