As of now, the cryptocurrency market is worth more than $ 400 billion
even as altcoins suffered significant losses amid the BTC frenzy.
Not exact matches
Bitcoin is still stuck in a declining short - term trend, justifying a short - term sell signal,
even as lots of
altcoins are faring better.
This exchange platform also has support for several
altcoins and pairs,
as well
as advanced trading tools integrated into it (well, probably
even more advanced
as Bittrex.
NEO and IOTA, last week's leading
altcoins are
even more in the red today, but they remain positive concerning the long - term setup, just
as the still struggling Dash and Litecoin, with Ethereum Classic being the most doubtful major
even after last week's strong showing.
Even if cryptocurrency is the future and every piece of data will be stored on a blockchain, Bitcoin could still become worthless and get left behind
as people switch to
altcoins — either current
altcoins, or the
altcoins of the future.
Now, with over 1500 nodes, of which 1126 are public, the protocol has
even surpassed the node count of the
altcoin which states its purpose
as doing LN's job: Bitcoin Cash (BCH).
This was allegedly due to technical issues or other stated reasons, but,
as Viacoin lead developer Romano noted, «It seems more likely they want to refrain from activating Segregated Witness on
altcoins because that would give them
even less reason to hold off activation on Bitcoin.»
What's more,
as Bitcoin price plummeted, most of the
altcoin market dropped
even faster.
Some
even go so far
as to consider the rebranding insulting or
even a «social attack» on the new cryptocurrency, solely intended to «degrade» it to an
altcoin like any other.
During an extended publicity push for the
altcoin, well - known supporter Roger Ver explained these benefits to multiple mainstream media publications, describing Bitcoin variously
as «Bitcoin SegWit» and
even a «cripple coin.»
However, this might not
even be necessary, seeing that many exchanges will now only see Bitcoin Unlimited's approach
as an attempt to create an
altcoin.
The latest
altcoin surge has brought assets such
as Litecoin, Ripple and
even Cardano to the forefront.
Even with the high speed and low cost of transactions, most of bitcoin's infrastructure such
as the remittance platforms, payment systems, and wallets have no support for bitcoin cash and see it
as an
altcoin.
While some
altcoins on the market, such
as Ether, have demonstrated better transaction speeds than Bitcoin,
even the fastest have run into serious bottlenecks.
Dash, Monero, and Lightcoin remain
as popular assets on the exchange, but the shift away from Ethereum has widened the spotlight on
altcoins to an
even wider buffet of choices.
They already have a number of uses,
even if
altcoin traders are one of the few groups who currently refer to things
as being priced in sats.
There has been a slip back on a lot of the
altcoins, while Bitcoin has remained steady, but
even with that
altcoin dive, the market has... Altcoin Adoption Surging as Bitcoin RalliesInside BitcoinsBitcoin Regains Over 60 % Crypto Market Dominance For First Time... Bitcoin News (press release) Bitcoin Price Recedes after Surge to $ 7600CryptoCoinsNewsThe Merkle - Asia Timesall 42 news articles &
altcoin dive, the market has...
Altcoin Adoption Surging as Bitcoin RalliesInside BitcoinsBitcoin Regains Over 60 % Crypto Market Dominance For First Time... Bitcoin News (press release) Bitcoin Price Recedes after Surge to $ 7600CryptoCoinsNewsThe Merkle - Asia Timesall 42 news articles &
Altcoin Adoption Surging
as Bitcoin RalliesInside BitcoinsBitcoin Regains Over 60 % Crypto Market Dominance For First Time... Bitcoin News (press release) Bitcoin Price Recedes after Surge to $ 7600CryptoCoinsNewsThe Merkle - Asia Timesall 42 news articles & raquo;
Bitcoin has fallen from above $ 11k to around $ 8k while
altcoins have bled
even worse
as Bitcoin dominance rises.
Poloniex is known
as one of the most reputable sources for
altcoin exchange,
even though they don't list all available
altcoins on their website
As of press time, Bitcoin has lost almost 15 % on the news, while the majority of major
altcoin assets fared considerably worse, dipping between 20 % and 30 %, some of the top 30 coins
even seeing 40 % losses.
Therefore once an
altcoin starts showing
even the slightest signs of skyrocketing, people tend to jump in
as quickly
as possible.
Reputable trading platforms have added the
altcoin to their offers, and
even cybercriminals are accepting it
as payment.
Even as Mt. Gox's slow implosion in February remains fresh in the memory of cryptocurrency traders, new exchanges are launching all the time to capitalise on the growing number of bitcoin and
altcoin users.
Even though this recovery might appear strong with major
altcoins gaining
as much
as 15 - 20 %, the bears are still in control of the market.