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RE: Valuing Cryptocurrencies Based on Competitive Advantage

in #steem7 years ago

Great to see you blogging again! Although that's not to say your work on postpromoter is not valuable as it really is!

I feel altcoins will do fine regardless, most will rise with Bitcoin. Market sentiment has definitely shifted recently, people are far more bullish, noone's bragging about how they're "gonna buy $2k bitcoin next week".

With Bitcoin nearly touching $10k and May historically being a good month for cryptos, we could be on the brink of a fantastic bull run.

I expect Steemit to get a lot busier over the next few months, feels like a lot of new people have been discouraged by the increasingly capitalist nature of Steemit.

I presume you are familiar with Metcalfe's law? If it holds true it bodes very well for Steem as a cryptocurrency.

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