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RE: Federal Reserve says Altcoins are why Bitcoin keeps going down

in #crypto5 years ago

While it sounds logical, it also assumes that all of these altcoins are worth much which we know that not to be true. More than half will be worthless after some time. In fact, we have already seen the move as bitcoin dominance got up to almost 60% from its 33% lows!

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Yep, that is correct.

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