Post
Topic
Board Bitcoin Discussion
Re: Why doesn't bitcoin go up higher percentages like altcoins?
by
thirdprize
on 23/05/2021, 16:58:26 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.

Well duh!

It is easier for something small to double in size then it is for something big.  Btc is a crap investment these days as to double your money you would need to go from (at peak) $60K to $120K which is a hell of a jump.  That would mean a lot of investment and would probably take years.  Eth going form $1K to $2K or Doge going form $0.1 to $0.2 is much more managable.