The CEO and founder of Autonomous Partners Investment Fund, Arianna Simpson, said that the AltcoinAltcoin
– are the common name for all cryptocurrencies (except Bitcoin).Details season may be coming and that Bitcoin’s dominance is a temporary phenomenon.
Altcoin season: forecast
Arianna Simpson, the CEO and founder of Autonomous Partners Investment Fund, has made suggestions regarding the dominance of the main cryptocurrency on her Twitter. Bitcoin's dominance in the cryptocurrency market is a temporary phenomenon, according to her report.
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Simpson also emphasized that the digital money sector has always been cyclical. Soon, altcoins will dominate in terms of capitalization level. She also stressed that in the first half of 2019, Bitcoin certainly produced higher profits for its investors than altcoins, but "it's unreasonable to believe that it will always be like that."
"So in sum, I believe claims that "alts are dead" and bitcoin alone will make it are nonsensical," – Arianna Simpson, Twitter.
A few days ago, the youngest Bitcoin millionaire in the history of cryptocurrency, Erik Finman, announced the launch of his own decentralized blockchainBlockchain
is a continuous and sequential block chain of information (digital linked list). When building a blockchain, copies of related blocks are simultaneously stored on multiple computers.Details platform, which may be a direct competitor to Facebook’s cryptocurrency project.
Editor: Yuliya Soroka