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RE: Bitcoin now accounts for less than half the market cap of all Cryptocurrencies
Fascinating stuff. Still plenty to play for, and no point getting FOMO about BTC when there are others with huge potential.
Yep, I agree. Much of the recent buying has come from Asia. As the rest of the world starts to adopt these types of currencies more I would expect to the see the prices of these things continue to rise...
In terms of percentage, I imagine some of the cheaper coins like Litecoin could reap more rewards in the long term. But who knows?
Yes, in terms of percentage gains, the lower priced coins have really outperformed the higher priced coins. That is kind of what happens when things get really low priced... it doesn't take as much money to move them.
That doesn't hold true for Ethereum though, as it was already priced in the dollars and had a nice large market cap. Lot of businesses involved with that one though...
Thanks for that. I really wish I knew more about this stuff so could invest better, not that I have much to invest!