Sentences with phrase «effect on altcoin»
Bitcoin's turbulence continues to have a more profound effect on altcoin markets.
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Detractors, on the other hand, argue that Bitcoin's network effect is too large, and altcoins do not provide nearly sufficient value over Bitcoin to ever take over to any significant extent.
Heigh - Ho, Heigh - Ho, It's Off To Work We Go As the price of Bitcoin rises it has the knock - on effect of causing a rise in the rest of the cryptocurrency market with most other altcoins also seeing sizeable gains in value.
And that, on the one hand, will allow the ICO participants to receive the super profit, on the other hand, to use other cryptocurrencies as means of payment within the system until the development of final product takes place and that neutralize negative effect of altcoin growth in relation to basic cryptocurrency.