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RE: A Personal Crypto Revelation and a Prediction
Bitcoin obviously isn't the best crypto out there but I believe it won't crash until crypto has become mainstream when most of the people understand the technology and know there are better alternatives.
Thank you @celestal, both for your up-vote as well as your comment. :c)
I don't know. It seems to me that upon the adoption curve, Bitcoin is likely approaching the late stages of the 'early adopter' phase. Again, 'Bitcoin' specifically.
I agree with your notion that 'some' people will understand that some Bitcoin alternatives have a better technological basis - and that this will result in a movement from Bitcoin to these altcoins.
In essence this could be similar to getting off one wave before it wipes out, to end up on another wave that is just beginning to form. Exciting times.
Thanks again. :c)
Yes, I think we are soon reaching the main stream considering that the other day my mom warned me on the phone that there was a guy in the news (a banker, or course) who warned about the potential bubble of Bitcoin or just crypto in general:
But the bubble news is just a good thing because it gets more people involved with crypto in general, even if the Bitcoin bubble proves right eventually.
But like you said, exciting times and it really seems like 2018 could be a massive step for crypto with the momentum that the huge increase in Market cap has started in 2017 still being just a tiny fraction compared to the huge scale of all the other markets.