Bitcoin versus all others. Someone please help me understand a few things.

in #cryptocurrency7 years ago

To all those who know

How come Bitcoin is skyrocketing as such an incredibly swift speed but the other major cryptocurrencies are much slower to show such gains?

I understand that Bitcoin is limited compared to some of the others, its just the speed at which it is rising that has been incredulous to me.

And where does Gold fit in now? Gold seems to be pretty stable thus far. Though from reading a bit here and there people are expecting a rally by gold.

Thoughts?

Sort:  

Congratulations @ambermirza! You received a personal award!

1 Year on Steemit

Click here to view your Board of Honor

Support SteemitBoard's project! Vote for its witness and get one more award!

Congratulations @ambermirza! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 2 years!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Vote for @Steemitboard as a witness to get one more award and increased upvotes!

Coin Marketplace

STEEM 0.20
TRX 0.14
JST 0.029
BTC 67527.39
ETH 3259.14
USDT 1.00
SBD 2.64