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RE: My Opinion on Monero Forks

in #busy6 years ago

that's exactly what I mean by my 'grey mush' hypothesis, only so much money to go around, with increasing number of things to spend it on means the vast majority will fail (unless there is a sudden interest from the general public, govs or city that can inject more money into the system).

that's something that no-one has been able to explain to me adequately, where is all the money coming from ? if you listen to the hype then every coin in existence is 'going to the moon' in the 'near future' lol. It's just basic economics, the money can't materialise out of nowhere, someone needs to be spending it somewhere.

I think the slow down in crypto is because supply has grossly exceeded demand. Literally everyone who is interested in crypto is already invested in it, so where are the new buyers coming from to push the prices up to the next levels ?

Sorry, am waffling again lol :-)

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