As Bitcoin is gradually becoming known to the public, this financial and economic feast brought by technology geeks.
Bitcoin is like honey, attracting countless butterflies (altcoins, air coins), countless new projects appearing, ICO.IDO.
It feels more like a comet hitting the earth, leaving big pits. It seems that there are countless treasures waiting to be mined.
The greed of human nature, the inducement of big brothers, the participation of whales, all kinds of good news are flying all over the sky, but the result is just a place of chicken feathers.
Perhaps the sharp drop of Bitcoin and endless washings can calm more people down.
How do you think about this issue?
They try to follow the bitcoin but could never match it's technology and that's why people invest in it and countries and companies are accepting this.Most of the altcoins are shitcoins in the crypto market that have no future ahead,no advance technology and centralised which makes them completely out of the track when compared to bitcoin.They claim they can overtake bitcoin with pos or any other algorithm which makes system more centralised and you can't provide the same security btc is providing to you.Thats why when bitcoin crash it boost with high surge as it has been declared dead for hundred time but still rise but on the other side shitcoins who try to compete with it once crashed can never regain their position in market which happened in 2017 crash situation.