Post
Topic
Board Bitcoin Discussion
Re: Why doesn't bitcoin go up higher percentages like altcoins?
by
TangentC
on 29/04/2021, 16:33:52 UTC
With some coins going up 50% or even l00% in a day or few days or in a week... any reason why bitcoin doesn't do that almost ever?  Look at binance coin and many of those other coins that are literally doubling in a week.  Now the btc dominance is going so low.  And even when btc goes up... you don't ever see it going up that much percent in a week.  I mean... its rare to see bitcoin say go up 50% in a week yet tons of altcoins do it.

The amount of fiat infusion necessary for those kind of gains get harder as the price per coin rises.

Which is why, it will be easier for Doge to reach $10 than it is for BTC to reach $1 million.

IMO, both will get there, but Doge will get there faster.  Smiley