Bitcoin Forum

Economy => Speculation => Topic started by: zby on April 15, 2013, 04:06:12 PM



Title: Altcoins - will they divert money inflows from bitcoin?
Post by: zby on April 15, 2013, 04:06:12 PM
I can see two results from mainstream media noticing altcoins (http://www.technologyreview.com/news/513661/bitcoin-isnt-the-only-cryptocurrency-in-town/)  - first they will divert money from bitcoin (but probably not much - all of their markets are very thin) - but they'll also add an additional uncertainty for investors (should I really buy bitcoins - maybe litecoins would be better?).  Both negative for bitcoin price.


Title: Re: Altcoins - will they divert money inflows from bitcoin?
Post by: piramida on April 15, 2013, 04:07:17 PM
Same effect as zimbabwe dollars diverting funds from us dollars.