Hey guys! First of all this is my first post here so I hope I'm not doing anything wrong with where I post this etc.
What do you guys think will be the market cap of all cryptos in 2018? Currently it sits at around 550 Billion USD.
I personally think it's gonna rise heavily to around 1.5 - 2 trillion USD. Any thoughts?
i think 1.5-2 trillion in a year sounds about right if currently it is about 550 billion dollar.
with the current rate at which they are creating new altcoins,
- a dozen bitcoin forks each adding (16,700,000 * $50-$500) dollar to market cap
- lots of new altcoins with billions circulating supply * each being worth $1 at first and then being around that
- lots of easily created tokens on these platforms like ether and waves each adding a huge amount to total market cap
it is realistic to see the unrealistic growth in the total market cap. and hopefully at some point in the next year people will realize how useless market cap really is.
