RE: The Coming Altcoin Exodus

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The Coming Altcoin Exodus

in bitcoin •  7 years ago 

I don't understand why you think that people must buy bitcoin to buy Altcoins... I never bought Bitcoin with fiat money... I always bought Litecoin and Ether... Even for Ripple, you can buy it with fiat money from Bitstamp... doesn't that blow up your theory?

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No, different people have different means of getting into the market. It just so happens that a significant chunk tends to enter through other coins which isn't something to be neglected.