When looking at some of the largest marketcap cryptocurriencies, one sees no downside in the future, especially when examinig some of the more promising blockchain technologies.
Ethereum ($ETH) for example looks as if there is no top in sight. After a slight correction last week it appears everyone is jumping as quickly as possible into the digital currency, whose own creator has admitted they do not fuilly understand all of the applications for the budding technology, while others speculate a $1,250 price by the end of the quarter.
When closely examining the lifetime chart for Bitcoin, Ethereum, or Litecoin one begins to notice a pattern in each- stages of growth that one must believe extrapolates to other well designed blockchains.
While not every cryptocurrency is going to follow this path, the ones that significantly change important aspects of cryptocurriencies must be watched.
For example Verge ($XVG) redefines privacy when it comes to cryptos. Verge is a decentralized currency designed for users who value privacy. It improves upon the original Bitcoin blockchain by using multiple anonymity-centric networks such as Tor and i2p. It utilizes multi-algorithm mining support to improve security and provide equal distribution of coins to miners. This is a game-changing concept to privacy and is surley one to follow the model.
The difference between Verge and Bitcoin or Ethereum is this is the stealth phase, therefore making current investors ahead of the curve.
Solid analysis! I'll definitely be keeping an eye out for more from you.
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Thanks raptorman.
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