Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: jagu359 on January 10, 2018, 02:58:05 PM



Title: cryptocurrency markets will undergo a serious correction
Post by: jagu359 on January 10, 2018, 02:58:05 PM
cryptocurrency markets will undergo a serious correction that will help weed out projects with poor fundamentals.

The 2017 market run-up injected hundreds of billions of dollars worth of capital into the cryptocurrency ecosystem, but many industry observers believe that the rally has been indiscriminate and could trigger a crash as investors gradually recognize that many projects have poor fundamentals.

We believes the sheer number of cryptocurrencies with poor fundamentals makes a crash inevitable, as many of these projects are wildly-overvalued and ultimately unsustainable.

Whats your opinion on this ?