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RE: Bitcoin SKYROCKETS To All Time Highs... AGAIN! - This Is Why

in #bitcoin7 years ago (edited)

If you notice, the altcoins are going down, while bitcoin is going up. This is because many people are selling off their altcoins to buy more bitcoins, just to get free Segwit2x version of bitcoins. But I'm sure that altcoins like Ethereum will again go up once the hard fork is done.

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Yeah, I don't blame them, it's only natural of the market to fluctuate like that when Bitcoin climbs. Though I am firmly against Segwit2x taking over.
Though EOS and Bitshares have skyrocketed alongside Bitcoin. :)