Hi Steemit World,
Did somebody just decide there can be only one?
While we are used to seeing cryptocurrencies go up and down in a volatile fashion, I would suggest that this is not 'normal'! To me, it almost looks like manipulation... Since when does Bitcoin surge not boost all of its disciples?
What's more, I would suggest that the 'normal folks' that have been the backbone of investment in cryptocurrencies would not suddenly drop all their expectations for 'Bitcoin' - alternatives 'en masse'. This seems really 'fishy' or I missed today's news somehow. The only place where you'll see such behavior are the corrupted financial markets. Ooops.. maybe greed did corrupt crypto currencies already and so called 'Big Money' is already calling the shots. The only other explanation would be that it has to do with the 'Bitcoin Cash' story. Quickly buy some Bitcoin and end up with coins on both 'chains'.
Whatever the real reason, I just wanted to give some food for thoughts.
Anyways, I hope you find some value in my post, if you like it, vote it up and have a magnificent day!
Chart source: Coinmarketcap.com
