I predict that the cryptocurrency market will bottom below $100B total market cap in the first half of 2019.
The winter will be exceedingly harsh, beyond your imagination, triply so for everything that doesn't have BTC attached to its name.
$ETH intermediate target remains $95.
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Would you qualify that as “winner take most territory” of do you think long term we’re headed higher? I think 75-80% fits that
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The winner-take-all / winner-take-most discussion is typically regarding the ultimate equilibrium 10-15+ years from today. I expect Bitcoin to be 91%+ when all is said and done.
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“When its all said and done” is too generalized. The market will never be “done”. Alts coins will forever be the bubble that never pop- they will simply inflate & deflate with each new waves of newcomers to the ecosystem
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according to this logic the same would happen with non-gold/silver metals but that wasn't the case
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In a more mature & distant future, yes I agree. However with how small Crypto still is, more inflationary bubbles (like 2017) will likely occur before stabilization of the digital asset market
End of conversation
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