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RE: The Simple Reason that Prices are Falling in Cryptocurrency

in #bitcoin8 years ago

With the bitcoin fork approaching, do you think other cryptos will benefit? That is, will people use their bitcoin to buy other cryptos?

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I think we have already seen some of that. That behavior shows a lack of understanding between the general influence that the price of bitcoin has on the altcoins. So in general, the lack of confidence in Bitcoin will result in declining prices for crypto in general. Which is why you should acquire them now while they are as cheap as they might ever be again.