 |
November 28, 2017, 02:26:30 PM |
|
Litecoin is in competition with Bitcoin, Bitcoin Cash, and Bitcoin Gold. Shouldn’t its rise damage the expected future value of Bitcoin Cash? Or vice versa?
Also, BCH and BTG reflect different roadmaps than Bitcoin. How can investors be bullish on all three? They can’t simply ignore the differences between each currency. It doesn’t make sense.
The only answer is that investors are hedging their bets.
Faced with uncertainty as to which Bitcoin is best and whether Litecoin can topple Bitcoin, investors are simply spreading their funds among the options.
BTC one-week growth: 23.87%
BCH one-week growth: 34.03%
BTG one-week growth: 27.32%
|
