if IT was Bitcoin Alternatives
if IT was Bitcoin
IT is a site that, thanks to updated tables and graphs, will allow you to study and follow the trends of altcoins with respect to bitcoin, using their max supplies as reference points.
Anyone enter in the world of cryptocurrency usually has knowledge of and buys only Bitcoins,
or because it is the only currency that he is aware of or simply because this currency is seen as being the most reliable.
Among the many definitions of Bitcoin, there is the one such as digital gold due to its yellow metal color, which cannot be extracted indefinitely (sooner or later every mine will be drained). So, even this cryptocurrency will reach a maximum limit in the production of its coins, called max-supply.
Once this limit is reached, which is 21 million, it will no longer be possible to extract further ones. However, some buyers can easily decide to venture into the world of buying other cryptocurrencies called alt-coins which are now almost a thousand of them. The temptation, in this case, is to buy the cheapest alt-coins, with the hope that they will have a greater margin of growth than those that are more expensive and Bitcoin itself, however, the parameters that influence the price of a cryptocurrency are different (marketing, speculation, innovation, eco-system, distribution, security, circulating Supply and, of course, max-supply).
This website will try to evaluate the potential of altcoins, based on their max-supply and the current value of Bitcoin, which is considered the goal that every other alt-coin will try to reach.
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