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RE: Are hedge funds good for crypto space? While they can bring in hundreds of billions they also may pump and dump
It's happening already. It would explain where some of the money comes from. I actually think it could be extremely profitable for hedge funds to profit off the ICO hype and inflate a huge bubble because right now the majority of retail investors don't even know what this is yet so the bubble is just starting.
In a few years when retail investors get involved then this could be a trillion dollar space. Right now it is maybe 100-200 billion.
I agree, it's not even in the mainstream consciousness yet.. in the same way the internet was really thin on the ground in the mid 90's !! by 2020 crytpo will be a trillion dollar space. There will be huge losses from ICO fallout just like the dotcom bubble.. but it doesn't mean the internet went away. pick your currencies carefully and I think you'll stay fine :)