BTC King Vs The Altcoin boom

in cryptocurrency •  7 years ago 

After the CME Bitcoin Futures was released bitcoin went to the lows of 13k and know has managed to get back to 15k. Now the question on everyone mind is will the altcoin cycle continue or will bitcoin dominance finally come at end ending at bitcoin being at 25% dominance while all the altcoins take up 75% dominance. Here are my scenarios.

Scenario #1:
Bitcoin goes on another run, making alts go down, and the cycle of bitcoin/altcoin continue causing the alts to go up when bitcoin is stable and go down when bitcoin is crashing or going up.

Scenario #2:
Bitcoin becomes a blue chip stock and people just use to buy and sell alt coins only causing bitcoin to go up slowly in the crypto space for 5%-10%

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Congratulations @carlos5577! You have received a personal award!

1 Year on Steemit
Click on the badge to view your Board of Honor.

Do you like SteemitBoard's project? Then Vote for its witness and get one more award!

Congratulations @carlos5577! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 2 years!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Vote for @Steemitboard as a witness to get one more award and increased upvotes!