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Markets gonna value what they want to value... I think it is good to have different options for people. Overall I think cryptocurrencies are undervalued - 40 bi
by repomies691 9y ago
Markets gonna value what they want to value... I think it is good to have different options for people. Overall I think cryptocurrencies are undervalued - 40 billion market cap is nothing when thinking about the potential. However what cryptocurrency should have which percentage of the crypto economy is a much more difficult question.
- feedjoelpie 9y agoCryptocurrencies are valued as low as they are _because_ of the question of which cryptocurrency should have which percentage of the economy. It's arbitrary to make new ones. Even as increased adoption of cyptocurrency _in general_ is highly likely, the adoption of _any particular coin_ is still full of uncertainty.