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Bitcoin Blog a1

Saturday, December 30, 2017

The rise of the altcoins

As many of you are aware, bitcoin price has been going pretty crazy lately ( meaning going up to 20,000 before dropping a bit in the past few days). What some of you may not have heard, is that a few alt coins also are going crazy in price too. ETH, LTC are some of the big winners this past week. This seems to be a trend in cryptocurrency. bitcoin is essentially mainstream at this point, or at least people in the mainstream talk about it quite a bit, so it's a starting place for people entering the crypto world. But as people research more, they perhaps realize that other Crypto currencies are actually better from a technical standpoint. And perhaps that is why altcoins seems to lag in price compared to bitcoin.

In other news, I am working on trying some more altcoins. I have downloaded a monero wallet, and will be posting more on that later.

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