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RE: UBI 23-3-2018 update, consolidation phase
Yeah conversion costs are a set back - I'm sure there will be another market run for Steem and SBDs whenever SMTs are launched, though developmental updates have been few and far between, which is disconcerting. Nevertheless, I think the crypto market as a whole definitely has room to grow. More serious fundamental analysis is needed though. Too many projects are being launched in hopes of riding the collective wave of success, yet most have very little to offer in terms of value added to the improvement/innovation of the overall space. Will be interesting to see how capital flows shift in the coming years and which blockchain initiatives ultimately rise and/or stay at the top.
Yeah, I do think it has room to grow, I just feel like there is a lottttt of overlap going on right now, and if past tech or business examples are to be heeded it would stand to reason that only a handful become kings that permeate every household or at least get integrated into the currencies of the future. I'm not sure if any of these existing teams won't just get rolled up into larger entities, money and other pulls are very enticing to say the least.