RE: Maturity of the Cryptocurrency Market

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Maturity of the Cryptocurrency Market

in crypto •  7 years ago 

Yeah I still think it'll be a while before coins start to detach themselves from other coins. Bitcoin still holds 37% of the market. And most major gateways only let you purchase the top 3 or 4 coins. Many investors don't get past this stage and just go for bitcoin or ether. Like you said, the pairings are a problem as well. Everything being paired against those top coins. So if BTC dives, it drags everything with it. Still early days but things will sort themselves out. Good post.

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The market is still in its early stages so there are many imperfections in it but you are right, over time the market will sort itself out. It would be nice if it could happen quickly but often things don't happen as fast as we like but there is nothing we can do about it so there is no sense getting too frustrated by it.