Joyjit (OP)
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January 27, 2018, 10:57:25 AM |
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I think at the end of 2020 only the fittest coins will survive the cryptocurrency market. By fit, I mean the most use cases such as Ethereum. There will be market leaders like Ethereum, Bitcoin and others. And along with them the coins which serve to a whole particular industry which have already accepted the coin for their use will survive and rebuild the whole crypto world.
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leea-1334
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January 27, 2018, 11:15:27 AM |
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This is also my feeling about the crypto market for alts. In 2017, everyone almost, who bought any alts, will see a lot of profit now. And this will drive even more new money into alts this year, we can see there is no loss of people investing into new ICOs. What is it now, 5 tokens and ICOs launched every day? Probably more. So this will cause 2018 to also be the same, but then by 2019, the cracks will start to appear. The market will be exhausted from thousands of tokens with no value other than speculation and trading. Then people get tired of projects that do not deliver. And then 2020, these failures will cause massive sell offs with only people wanting to hold the big, proven coins. Then we will see even ICOs start to fail.
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Dreamchaser21
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January 27, 2018, 11:19:12 AM |
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People want a great technology that can really last forever as long as possible, so I also believe that those who offers greater services will surely win on this battle. I believe on cryptocurrency market and I do hope that every coins will pump eventually, though we will surely face a lot of many problems before we reach the top but who knows.
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burdeN
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January 27, 2018, 11:22:06 AM |
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This is also my feeling about the crypto market for alts. In 2017, everyone almost, who bought any alts, will see a lot of profit now. And this will drive even more new money into alts this year, we can see there is no loss of people investing into new ICOs. What is it now, 5 tokens and ICOs launched every day? Probably more. So this will cause 2018 to also be the same, but then by 2019, the cracks will start to appear. The market will be exhausted from thousands of tokens with no value other than speculation and trading. Then people get tired of projects that do not deliver. And then 2020, these failures will cause massive sell offs with only people wanting to hold the big, proven coins. Then we will see even ICOs start to fail.
Yes, I agree. I think in 1-3 years we will see something similar to dot-com crush in 2000's. This is because crypto driving more and more greedy people/investors that don't know what are they investing in. It's no wonder at all that speculative and scummy project appears every day because it's so easy to attract money and even if your project fails, you don't owe anything to anyone due to the absence of regulation.
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Julien_Chalte
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Crypto enthusiast
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January 27, 2018, 11:24:15 AM |
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Too many coins and some shady projects among them, that's for sure. Like anything new, fresh cash keeps coming and will keep coming for a while, but then the market will become more mature and as said above, the dust will settle at some point. After all, it can't possibly continue like that forever.
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Red-Apple
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January 27, 2018, 12:20:40 PM |
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first of all the altcoin market will always remain like penny stocks and small coins with no usage will always be traded there and since it is always open source and free to create a new coin they will come out forever. by 2020 we will have the same number of cons if not more.
and coins like ethereum will probably die and be replaces by something more efficient by then. generally projects that have a large number of issues including centralization will always have a hard time staying relevant.
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--signature space for rent; sent PM--
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DikkieD
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January 27, 2018, 12:36:15 PM |
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Yes. I agree with the reply above. Altcoins will still exist. Maybe it will always be needed to keep money circulating within the crypto-sphere. I also think that many specific-use altcoins will come this year and the year after, with all their specific use case. Look at the amount of very specific ICO's.
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harri74
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January 27, 2018, 12:43:04 PM |
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I think this is still the very early stages for the majority of the Altcoin projects we are reading about. I expect BTC and ETH prices to stabilise (maybe around the current prices) and will be traded but I see more and more investment coming in to the altcoin sphere. Things will change sure but I expect the altcoin market to be healthy for the next 3-5 years.
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renes
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January 27, 2018, 01:02:20 PM |
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This is also my feeling about the crypto market for alts. In 2017, everyone almost, who bought any alts, will see a lot of profit now. And this will drive even more new money into alts this year, we can see there is no loss of people investing into new ICOs. What is it now, 5 tokens and ICOs launched every day? Probably more. So this will cause 2018 to also be the same, but then by 2019, the cracks will start to appear. The market will be exhausted from thousands of tokens with no value other than speculation and trading. Then people get tired of projects that do not deliver. And then 2020, these failures will cause massive sell offs with only people wanting to hold the big, proven coins. Then we will see even ICOs start to fail.
When this happens, people will realize that bitcoin is the only one that will not lose the game, with this token crash $1M bitcoin will be real.
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Isolation
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March 30, 2018, 12:11:19 AM |
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There's a lot of coins out there that aren't too useful. Not sure if it will be 2020, but it will happen sometime where a lot of alts will crash. There cryptos that have a proper use case and some adoption will keep their value, but many of the hundreds of alts will lose their value significantly. Nobody knows for sure which ones will survive though, although some like Bitcoin are much more likely than others.
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Numir
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March 30, 2018, 12:12:14 AM |
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This is also my feeling about the crypto market for alts. In 2017, everyone almost, who bought any alts, will see a lot of profit now. And this will drive even more new money into alts this year, we can see there is no loss of people investing into new ICOs. What is it now, 5 tokens and ICOs launched every day? Probably more. So this will cause 2018 to also be the same, but then by 2019, the cracks will start to appear. The market will be exhausted from thousands of tokens with no value other than speculation and trading. Then people get tired of projects that do not deliver. And then 2020, these failures will cause massive sell offs with only people wanting to hold the big, proven coins. Then we will see even ICOs start to fail.
That is very likely.There is no place for all of them. But we will see big volumes of money coming this way too. There will be successful projects too by 2020.
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matthewoz101
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March 30, 2018, 12:22:40 AM |
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TRX will be a better leader than ETH. I think it's good for the market too. All the money from duplicate coins will start going to the good projects with good products/uses.
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allcryptominer
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March 30, 2018, 12:51:00 AM |
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I think at the end of 2020 only the fittest coins will survive the cryptocurrency market. By fit, I mean the most use cases such as Ethereum. There will be market leaders like Ethereum, Bitcoin and others. And along with them the coins which serve to a whole particular industry which have already accepted the coin for their use will survive and rebuild the whole crypto world.
Yes you are correct but you talking about the "fittest" coin and in reality how fit is actually Bitcoin? As it is now bitcoin is useless compared to other currencies that are much faster and with cheaper transactions.
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paramind22
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March 30, 2018, 01:07:29 AM |
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I think at the end of 2020 only the fittest coins will survive the cryptocurrency market. By fit, I mean the most use cases such as Ethereum. There will be market leaders like Ethereum, Bitcoin and others. And along with them the coins which serve to a whole particular industry which have already accepted the coin for their use will survive and rebuild the whole crypto world.
I disagree with this. Being a part of a team in crypto means having your own freedom to grow something based on your own skill and hardwork. Smaller coins support a wonderful economy of trading, and the excitement which it brings, creates wealth by people investing, trying to make great deals. It's similar to gambling in a certain way however also nothing like it. It's similar in the way that gambling creates money out of thin air as well (you can argue the labor and skill casinos bring to the table).
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go4crypto
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March 30, 2018, 03:39:21 AM |
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Agree because most startups in any business fail over time. Good projects and teams will survive and thrive.
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Sidiq SP
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March 30, 2018, 04:43:30 AM |
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every day more and more coins coming in the market, it is also very influential on the development of coins in the world crypto, so I agree with your opinion that in the next few years, definitely more and more competition and increasingly tight, so who survived and able to lure investors and society, it is he who will survive and triumph, that is my little opinion about this
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Elcapsono
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March 30, 2018, 05:21:18 AM |
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I think at the end of 2020 only the fittest coins will survive the cryptocurrency market. By fit, I mean the most use cases such as Ethereum. There will be market leaders like Ethereum, Bitcoin and others. And along with them the coins which serve to a whole particular industry which have already accepted the coin for their use will survive and rebuild the whole crypto world.
If the bear market continues, then we will see this earlier. And on principle such stress tests should be conducted every year, so as not to observe so many coins, where almost half of them eventually become shitkoins.
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tanghere02
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March 30, 2018, 05:41:49 AM |
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Actually 2020 is very near and I think some coins will still be here but I doubt they will go away, in fact I think by year 2020 more coins will even be added more. I think the cryptocurrencies are growing more and more each year so I doubt the fittest will be put to a test by then.
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topkhai
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March 30, 2018, 06:16:16 AM |
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I think at the end of 2020 only the fittest coins will survive the cryptocurrency market. By fit, I mean the most use cases such as Ethereum. There will be market leaders like Ethereum, Bitcoin and others. And along with them the coins which serve to a whole particular industry which have already accepted the coin for their use will survive and rebuild the whole crypto world.
maybe that way in 2020 only the fittest coins will survive. not now or 2020 remains only the fittest coins will survive, that is coins with follow developments of new technology. many new coins emerging with technology that can be said better than its predecessor now, I think this kind of coin that will survive
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Herbert2020
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March 30, 2018, 06:16:54 AM |
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you are right about one thing, that the best coins with real usage and no problems will survive in the long run but i am sorry to disappoint you to say that Ethereum is one of those coins that will probably be dead by then. ETH is not only incapable of lasting long term but also it has a lot of problems that will only get worse as time goes by. and on top of that even if it didn't have those serious issues, there is still a lot of other projects that are doing the exact same thing as ETH but in a much better way. and to put the final nail in its coffin, we are going to have RSK (Rootstock) soon which is on top of bitcoin as a sidechain and will offer smart contracts on bitcoin network which is effectively killing off ethereum
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Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip. Whales are those who keep buying the dip.
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