RE: Altcoin Markets Hurting As People Flood Into Bitcoin Before August 1st

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Altcoin Markets Hurting As People Flood Into Bitcoin Before August 1st

in bitcoin •  7 years ago 

potentially, it depends on whether or not bitcoin cash brings back people who went to other alternatives because they were fed up with bitcoin. Also sometimes people are willing to dump money into coins at a loss because of ideological reasons. After the ETC fork, the combined market caps was actually larger. From a strictly economic perspective it should be equal after the fork, but there are many other factors.

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