Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: Rabia on August 27, 2018, 03:08:48 PM
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Today bitcoin Competes with more than 1600 other Cryptocurrencies for attention
many of those have social missions, like development of economic strucutres, giving funds to young dentists etc.
while bitcoin still is mainly all about competitive large scale waste of ressources.
so if you still wonder why bitcoins price drops i tell you:
today bitcoin competes for fiat investors attention with 1600 other cryptocurrencies.
additionally bitcoin is even technologically aged. and has to justify itself with other cryptocurrencies that had a much higher funding regarding tech development like ripple.
i hope that helped answer a lot of questions.
regards