If the current trend for growth continues, we could see Bitcoin break $ 10,000 by the end of the year and see similar kinds of growth trickle down
into alt coins.
Not exact matches
Second, money will flow more freely
into the crypto - space via Bitcoin before dispersing
into various
alt -
coins and utility tokens as more people get on board.
The move, also gives CheapAir.com the option to expand
into accepting other
alt -
coins, the report in RTTNews actually discusses additions of Bitcoin Cash, Dash and Litecoin being added onto the websites services.
Regulators are not just concerned with the blurring lines between trades of traditional legal tender and cryptocurrency, but also the outpouring of investment
into ICOs,
alt coins, and funds away from IPOs and traditional investments.
One good thing about
alt -
coins is that they can act as an experimental testbed for new features that may be able to be incorporated
into Bitcoin», he said.
We delve
into the differences between payment cards, virtual payment cards, travel cards, and
alt coin cards.
The next 10 days could see some of the capital flowing back
into altcoins as people start slowly accumulating before the fork but for the most part
alt -
coins are expected to see major recovery only after the fork after people have acquired the free Segwit2x
coins which is currently trading as futures on Bitfinex at 2X / BTC = 0.17; 1X / BTC = 0.83 of the value of Bitcoin.
«Once we move past the unfounded FUD [fear, uncertainty and doubt] that has been oversold as a scaling issue (and seems more to be a method to extract value from Bitcoin
into Alt -
Coins) we start to see that Bitcoin was designed to work as cash and when it is used this way, it works best,» Dr. Craig Wright, chief scientist of nChain, wrote in a blog post.
The
alt coins will not get as much boost from the CME and fund managers entry
into the market, BTC is still the key holding
But, once Bitcoin cleared the next technical hurdle, those profits can then be rolled back out of these «
alt -
coins» and back
into Bitcoin to chase the momentum.
And with Bitcoin spiking so far so fast, there will likely be another round of rotation
into alt -
coins in the coming days, including Ethereum.