The price of Bitcoin is relatively high (10,700 USD at the time of writing), but most other cryptocurrencies (altcoins) are struggling and can’t perform very well. Which can be important reasons? (You can choose various.)
(Photo: Own work)
Altcoins are moving often behind Bitcoin but the next alt-hype is imminent.
Most altcoins didn’t comply with what they promised.
Only Bitcoin is secure enough.
Every altcoin has some failure or disadvantage.
Developments, improvements are too slow.
Bitcoin is a safe-haven asset (refuge, shelter) for investors, others, are not.
Many people can’t understand cryptos and are choosing the only one they know.
The Chinese are working on a new altcoin which will ruin all others.
Facebook can ruin most altcoins with Libra.
The breakthrough of BEER token is imminent, will kill all other coins.
Other (please, comment)
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Many people can’t understand cryptos and are choosing the only one they know.
(32.35%)
11
/ 34
32.35% Complete (success)
Altcoins are moving often behind Bitcoin but the next alt-hype is imminent.
(17.65%)
6
/ 34
17.65% Complete (success)
Bitcoin is a safe-haven asset (refuge, shelter) for investors, others, are not.
(14.71%)
5
/ 34
14.71% Complete (success)
Most altcoins didn’t comply with what they promised.
(11.76%)
4
/ 34
11.76% Complete (success)
Developments, improvements are too slow.
(5.88%)
2
/ 34
The breakthrough of BEER token is imminent, will kill all other coins.
(5.88%)
2
/ 34
Other (please, comment)
(5.88%)
2
/ 34
Only Bitcoin is secure enough.
(2.94%)
1
/ 34
Facebook can ruin most altcoins with Libra.
(2.94%)
1
/ 34
