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by jcranmer 1956 days ago
As I understand the cryptocurrency markets, they basically all move in tandem with Bitcoin. So if Bitcoin's price goes up, so do all other cryptocurrencies.
1 comments

Also instructive to see prices of altcoins in terms of BTC. Barely anything moves up. There are very temporary spikes, but mostly it's all one giant opportunity cost compared to just holding BTC.
Agreed.

PS: Cool to see you here on HN, I have been a long time follower on Twitter.