Crypto moves faster than the rest of the world, and I think we are positioned in an amazing time and space. If you are reading this, you are part of the movement and already in a better position then most.
These opportunities do not come often in a life time.
This is my view of how it is currently playing out - this is my perception of the Market and how it is developing. Which is likely about as accurate as a Magic 8-ball, Tarot Cards or you could seek a fortune teller.
None the less this is what my Ouija Board Says:
Fasten your seatbelts we are about to take off, this is not the end of the bubble it is the beginning.
The CME announcement and the recent coverage of Bitcoin is bringing a legitimacy to crypto which it hasn't enjoyed up until now.
Thoughts on a few things this could mean:
- Banks and big money can enter the space, they will not be in every project, but they will be in many of them.
- Their lobbyists will be on the side of crypto instead of fighting it.
- As money pours in so will smart business people and development teams that are used to turning ideas into businesses.
- These businesses will develop our ability to spend, transition and move Bitcoin around like other currencies.
- The bubble hasn't even really started yet.
- The market will become a hot spot to capitalize on the MaaS and P2P spaces. (Money as a Service, and Peer to Peer exchange of goods, services and payments)
- Blockchain technology will reinvent the Internet as we know it.
- Blockchains and P2P payments will change many business models, changing the way we think about National Currencies, and businesses will know no borders. (This is already happening, but crypto will accelerate it)
- Or it could all just fizzle out.
State of Bitcoin:
When I started paying attention to the Crypto Markets, Bitcoin was a dying technology that was large, slow and expensive. Remember the day Bitcoin hit $3,000 and brought the exchanges to a halt for a week? The adoption rate of Alt-Coins shot up and everyone wondered what token would be the first the over-take Bitcoin. Dash, ETH and others were discussed. Not to be displaced, Bitcoin had a hardfork (or 5) hidden up it's sleeve and it has reclaimed it's spot as the king of the Crypto Market. It has held the attention of the market and money has flooded into Bitcoin.
State of Alts:
Most alts have not done well as Bitcoin exploded up to $7000. Many alts will recover in time, but many will not. It will become much more important to have a niche and a vision and the ability to present a digestible vision. With new ICOs each week, new tokens that are quickly forgotten are the result. Last year "They all pump eventually" was something I heard a lot, I doubt that will always be true. In fact I doubt that will ever be true again. Surely some small exchanges similar to "Penny Stock" exchanges will exist, but they will not get much attention.
One year ago the entire crypto market was sitting at about 13 Billion and it is knocking at the door of 200B currently, I am convinced that big players in business want a piece of the markets.
What do you think is next?
The end of the bubble won't be here until everybody is frantic to get into it. It'll be like the winter of 1979/1980 was for silver and gold. When your uncle is telling you about the great alt coin derivative tip he got from his barber, it'll be time to head for the exit. Today, the vast majority of people have never even heard the term "alt coin".
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Yeah, I think you nailed it. I think the thing we have to be worried about most is trying to tell people what we saw, when we saw it, because that will be the question. How did you know? Where did this all come from? What's a private key? How can math be worth money? What about this coin?
And then, when the actual bubble bursts, how did you know to get out when you did?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Oh, How I want to be giving wisdom, on how I knew when to get out. lol.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Do you mean you are out of alts, currently? Give me wisdom. I am currently 78% btc
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
@whatsup,
Personally I hate to talk about crypto market! Coz, when I talk most people wish to ask "What will happen next?" Actually I don't know! But I know a thing! This is not always profitable! Some people get this wrong! They think Crypto is always profitable and when market moves down they start their complaining season! I hate it! Coz I have a big picture about this market place and stay HOLD position than trade of short term profit!
Nice article and good discussion also!
Cheers~
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
crypto currency has just changed the way of seeing a paying method and receiving method... it's growth and promotions in today's market has word wide place ...i think in future it will make its own wide space of financial system.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
As I’m reading I’m nodding my head. Cryptos definately aren’t goin away and as you said it, more and more companies are goin to look into blockchain tech and how it can benefit their companies for the future. Great insight and info 👍🏻👍🏻
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You are right, to date, the market for crypto-currencies in general has increased very much in terms of capitalization volumes and I think this is becoming more and more tempting for large investors, especially against the background of futures influence in this direction. Thank you @whatsup
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
some good insight here @whatsup. The banks are motivated to get in - they see they are losing their control of the currency exchange and they smell profits to be made - they can only solve both problems by finding ways to get to the trend rather than fighting the trend.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
p.s. how / where do you find that market share chart? there is some valuable info there.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
https://coinmarketcap.com/charts/
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Awesome! Thanks!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
great analysis of crypto,its really good work
nice post sharing
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Give me wisdom. I am currently 78% btc.thanks for searing''''''''''''.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I`ve carefully read your post and recently article of cryptocurrency market. Many more changes did within very near session. crypto has massive market cap and also BTC hit massive target again. Necessary to hodl. You have great vision and skill of crypto. Absolutely valuable post @whatsup.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Man you nailed it until the part about ico's being done, IMO. This thing is just getting started! Wow great job.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Spot on! That is also how I look at things. Blockchain as a technology will be here to stay and many of the systems and procedures will include blockchain technology in one way or the other.
The time has started for so many of the Altcoins to proof themselves; Many will die; Other will gain (a lot). Indeed, as you say, a coin/token need to fill in a specific tasks/demand and the coin technology shall be tailored to that purpose whether it be fast transaction, or holding lot of content, or whatever. I actually think those coins and tokens that build wanted services on top of their coin will have a better chance to survive than those coins that 'just' deliver a blockchain + coin. But, only time will tell :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
help me. why do i lose my steem power?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
The price has fallen a bit, so the dollar amount may be down.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I like the clarity of your vision.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Altcoins will rise as soon as there are (more) real life applications for the average person.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Yes, I think so @blocklab ,
for example TenX, Ripple, EOS, Monero, Waves, Aeon, IOTA
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Time to grab each and every opportunity
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
"What do you think is next?"
Can you say...FAT FINGER 👍
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Of course they want a part of the market. After all, the appetite comes with eating.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
nice article, cryptos are the real thread for govt. and banks but they just can't control it, cryptos helps us to remove the possibility of the middle man, upvoted & resteemed.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
very nice aricale and thanks for information
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
what's that bubble thing that everyone keeps talking about
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This post has received a 29.41 % upvote from @booster thanks to: @whatsup.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thank's for sharing a news...like cryptocurrency
@followed and upvoted
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
on how I knew when to get out. lol. great one.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You have nicely analysed Total market cap percentage of cryptocurrency module. Bitcoin bubbles hasn't even started yet. But BTC has huge market cap. Also Alt coins rise very recently i think. However better conversation @whatsup.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
you are right man, Crypto moves faster than the rest of the world...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
the bankers really trying hard to get in
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
But there are still many people who didn't know about crypto currency.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
the block chain technology is the art of the mind here : )
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
crypto market place updat news @whatsup
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
perfectly said ! thanks resteemed !
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I like your posting .post is good. i want to be like you are a lot of fans. and i need your support in achieving the ideals in order to become a good artist. i need support from you.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks for sharing Great analysis of cryptocurrency. Crypto moving better position. Cryptocurrency changed their way in faster. Lot of grow market has to crypto.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
alts will be back up soon after hard forks
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
great information. i enjoy this post.thank you very much.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Great works,,,,,,
I like the clarity of your vision.......////////
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I wish i could get intio the market a long time ago but yet it is not that late and currently getting to know many things from this platform thouigh and it is indeed correct not always there lies profit in Crypto ,You do have to Patient and sincere towards your view and the market .You just explained it pretty great buddy
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This wonderful post has received a bellyrub 3.77 % upvote from @bellyrub. Please make sure to vote for my pops as a witness @zeartul,Here
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit