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RE: Bitcoin (BTC) Morning Update: Non-Phasic to Altcoins...What does this mean? Check out this Analysis!

in #bitcoin7 years ago

You say that BTC and "altcoins" are now currently non-phasic, which as I understand it means that BTC is in a correction and "altcoins" have an upward trend. I happen to agree with this, but I would like to know what do you call "altcoins" ?

Is it an average of ALL other coins "alternative" to BitCoin, or did you decide on a small group of "other coins" to get an average of "altcoins"?

(Something like the "Dow-Jones Average" which measures the price movements of 30 American companies... ?)

If so, I would like to know which coins do you use to get this "altcoins" average?

Thanks!

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It is not an average. All cryptos that are not Bitcoin are alt coins.