RE: Last 24 hours in crypto market: XRP and Cardano pumping, Bitcoin still alive

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Last 24 hours in crypto market: XRP and Cardano pumping, Bitcoin still alive

in bitcoin •  7 years ago 

Very volatile period. These are historic times for block chains. It is uncharted waters and the instability is shown in the graphs, charts, and numbers. Certainly "Fear of Missing Out" is having an effect. A crash will come, as it always does, but how severe is yet to be determined. Stay Calm and Hold On -for dear life- HODL. Bitcoin can and should continue to grow, but slower and a tablet growth is ideal for the alt coin market to develop healthily.

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Yes, volatility is very hard. Anyway, we have to consider also that 500 bilion $ of total market cap is a very small value, if compared with all financial economy. There are still a lot of growth margins for all cryptos as liquidity inflows on exchanges

Many corporations and institutions are yet to get into the blockchain revolution. Much of 2017's growth in bitcoin has been from individual investors. You are right, there is much more money that could and probably will go into the crypto markets than is already in. 500 billion is very small considering this could be world wide and revolutionary