Post
Topic
Board Altcoin Discussion
Re: What's happening with Bitcoin & altcoins?
by
tsaroz
on 15/08/2020, 07:40:21 UTC
we can guess it is a whale game or it is a pure hike, so I see this is indeed an increase but it is not maximal in any case. So maybe I think it should take a little longer to get to the top to prove that it's not a temporary pump from the whales
It will take a bit more of consistent grow to convince most of people that crypto market is somehow reliable and worth a try.
This is when the actual pump will happen

There was some Defi craze meanwhile. Many Defi coins rose sharply at a much better pace than bitcoin could. While Defi indeed is a good platform for future, it's not sure that all or any of the current Defi coin would be the leader of defi market in the future. It's a risky hype driven rise and the prices are now correcting themselves while bitcoin have has a slow but steady rise towards 12K.