Post
Topic
Board Altcoin Discussion
Re: What's happening with Bitcoin & altcoins?
by
LimLims
on 18/08/2020, 07:59:56 UTC
It was already months that Bitcoin has been struggling to reach the next level ($10,000). There is no a clear sign that Bitcoin continues rising up or declining its price in the near future. Now, some altcoins can increase their prices more than Bitcoin. Some people stated that it may be the bullish time for altcoins. While others still doubted it, and they claimed it is only about temporary pump done by whales. Well, what do you think about this, guys?

Bitcoin no doubt the popular coin present in the industry.
And i too bet that no one can ever replace this popularity at all.
Moreover as far the price of the coins are considered,
Then i can say you that, Bitcoins and other cryptos follows the algorithm of supply and demand.
If the demand of the coin is more the the supply will be less and in this way the price will increase or vice versa.
So if any altcoin gains popularity like Bitcoin in the near future then definitely it's price will rise.
ETH can be considered for this case.
As many people are investing in it and soon we will see this in high price.