Altcoin market are going crazy. Every day every hours even every minutes prices of altcoin are changes drastically. I think it is not the reflection of products and its features. It is not possible to develop a product within an hour or day. But the price movement is insane. I do not like the idea of such volatility. You can see some coins price movement today.
DigitalNote
Sia-coin
Verium
I think that many Altcoins are shitcoins (sorry about my French) and many people, including me, are speculating on them - as a result of this - as soon as an Altcoin I has made some nice proffit +50% or 500% I sell it and buy bitcoins and so do many other people, that makes the price very volatile.
in order to have a sustainable price moovment up we would need to see a real life implementation of the Altcoin and for today we have no real implementation of 99.9% of the Altcoins
...only promises and projects that are in the future
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Not all are bad. Taking profit is a part of the game. Take it and enjoy.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit