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The whole space is tiny at the moment. Crypto will turn into a fully fledged asset class, and bubble or not, there will be money to be made. But it's likely the
by charlesdm 9y ago
The whole space is tiny at the moment. Crypto will turn into a fully fledged asset class, and bubble or not, there will be money to be made. But it's likely there will also be a major correction at some point, if we reach trillions of dollars in market cap.
But hey, the .com bubble went to $6.5tn before correcting, and the entire crypto space is at $200ish bn at the moment. Assuming most of those gains will end up with both Bitcoin and Ethereum (which I do), you could easily see Bitcoin go 15-20x, and Ethereum 20-40x once institutional capital starts buying in (and average folk). It's still hard to buy crypto for most.
And those were US equities.. there is only one Bitcoin, and one Ethereum in the world.