But why would people sell off their altcoins and invest in bitcoins rather than keep their altcoins and use fiat money in purchasing bitcoins? Is this an indicator that Bitcoin has officially stamped its authority as King?
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It seems so and governments such as China and the USA have pushed back hard on ICOs
Lets see china .. south Korea. .whos next.. I myself learning every day.
Well bitcoin fees needs to get cheaper again. Bitcoin has smartcontract laready and ico platform and market recognition.