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RE: Saturation? Or The Silence Before The Storm?
I think the market is oversaturated with cryptocurrencies. I've heard a lot are failing now.
I think the market is oversaturated with cryptocurrencies. I've heard a lot are failing now.
Which is okay, exactly for the reason you mentioned.
The trick is determining the ones that will stick around and be successful. I like bitcoin and steem for sure. I'm not sure which other ones will thrive. Maybe Litecoin and maybe Ripple?
I really hope for the sake of you, me, Dragos and everyone here that Ripple won't.
Anyway, there is no "trick" involved, so isn't any way to determine it in the long run. E.g. BCH doesn't seem to disappear, even though it totally should, while Decentraland MANA is still struggling to stay within the top100.
It seems like the banks were involved with ripple to help it stick but I'm not sure.
By "trick" I meant skill and maybe some luck. It never hurts to be lucky. lol I signed up for the free Manna coin. I think that is different but I'm not sure.