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Topic: Bitcoin vs Cryptocurrency - Inequality - page 3. (Read 1287 times)

sr. member
Activity: 616
Merit: 260
October 12, 2017, 12:34:05 PM
#3
Today I happen to notice the Bitcoin price has gone up to 5400 level. Why there is no big activity in other alt coins. I feel 54% of market cap is Bitcoin. So does it mean alt coins have no value.

I feel there big inequality or all other all coins in no way par with bitcoins as it is market leader and it is distancing itself from others in Price.

I would not buy any altcoins now at all. As all altcoins are being converted into bitcoin and thus amount of free altcoins is growing. Its a hard game, Bitcoin might crash after the fork. Altcoins might follow and never recover, risky business, but things could just keep increasing to $10k bitcoin.
member
Activity: 112
Merit: 10
October 12, 2017, 12:30:09 PM
#2
It doesn't mean that other altcoin does not have a value. Bitcoin was there first, is accepted by most people and institutions.
full member
Activity: 154
Merit: 100
October 12, 2017, 12:17:49 PM
#1
Today I happen to notice the Bitcoin price has gone up to 5400 level. Why there is no big activity in other alt coins. I feel 54% of market cap is Bitcoin. So does it mean alt coins have no value.

I feel there big inequality or all other all coins in no way par with bitcoins as it is market leader and it is distancing itself from others in Price.
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