To be clear, I'd love to see BTC's dominance go away. In many ways it's like the petrodollar, controlling the prices of all other cryptocurrencies since they are all traded on BTC pairs. I prefer to see good decentralized exchanges with volume trading in every pair with simple-to-use bots anyone can hook into to automatically arbitrage the markets.
Will we get that any time soon? I'm doubtful. Predictions about what the future markets will do are always... iffy. Maybe you're right and September 2019 will be the flippening to altcoins. Already, however, we're seeing some divergence from your image:
But who knows. It's early. I'm fine with checking back in 5 years and in crypto currency terms, September 2019 is a decade away. :)
My image has a huge zoom out and surely i can't draw the entire path from last year to q3 2019. BTC will come even lower in the coming months and Eth will start gaining traction. There is no other way really.
Thoughts on posts like this? Do you think this is just maximalist idealistic thinking and they will be in for a rude awakening by mid next year? Maybe EOS will eat the world. :)
What’s your point? Check back in five years, not five months.
Well, I called the Alts December pump + not even halfway to the flippening yet. 2019 is the time for me to come back. not 5 years.
To be clear, I'd love to see BTC's dominance go away. In many ways it's like the petrodollar, controlling the prices of all other cryptocurrencies since they are all traded on BTC pairs. I prefer to see good decentralized exchanges with volume trading in every pair with simple-to-use bots anyone can hook into to automatically arbitrage the markets.
Will we get that any time soon? I'm doubtful. Predictions about what the future markets will do are always... iffy. Maybe you're right and September 2019 will be the flippening to altcoins. Already, however, we're seeing some divergence from your image:
But who knows. It's early. I'm fine with checking back in 5 years and in crypto currency terms, September 2019 is a decade away. :)
My image has a huge zoom out and surely i can't draw the entire path from last year to q3 2019. BTC will come even lower in the coming months and Eth will start gaining traction. There is no other way really.
Thoughts on posts like this? Do you think this is just maximalist idealistic thinking and they will be in for a rude awakening by mid next year? Maybe EOS will eat the world. :)
Or how about this one?
nop. I think none of these coins will survive. They will but like i said above, no better than doge or rubies