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RE: The Bitcoin Suck is in full effect, but don't worry Altcoins will have their day in the Sun

in GEMS • 5 years ago

"Bitcoin suck"
Is incorrect most altcoins have great centralization of assets most being 70%+ in a handful of holders which leads to market manipulation by means of wash trading spoofing and fake news
Hence Bitcoin has 67% of the market and the 2nd highest Ethereum only 8.7%
Not saying Bitcoin even has enough liquidity to not be manipulated easily by whales would prob need 10x before markets will be truly represented

5 years ago in GEMS by
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     5 years ago  

    The term "Bitcoin Suck" is describing what bitcoin does... IE, it sucks the value from altcoins when it starts running up, it's not a knock on bitcoin...

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       5 years ago  

      Didn't say it was, was referring to how altcoins projects are fake and market prices are artificial

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         5 years ago  

        Perhaps but that really doesn't have anything to do with what I am talking about here...

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