This is just what I am trying to understand as to why bitcoin is going down in last couple of days ? Is it because people are more attracted to other coins or it's just a variable market or is it the accessibility to other coin ..
Well I think it is all three factors + may be some I am not aware of ...
Folks who believe in the crypto currency are definitely having options of different coins .. so I think people are experimenting .. trying to get some gains and then moving on to the next one get gains .. so may be he money is moving to another coin .. well I would like to know which one 🙂.
I do believe the coin market is very volatile and unpredictable as to if you see any chart the spikes are too much to adjust to quickly . The valuation is changing in seconds .. this is a little different than the other tradings .. I believe ..
With more coins getting easy to buy the investment will be scattered .. everyone wants to be on the game of what ifs and when ever .. a prime example is bitcoin cash .. the day it came coinbase it bumped ..
Well I still think crypto currency has a better future .. and that one of these coins will make it better ..