Watch Total Cryptocurrency Market Cap above $150 Billion, Is it too high? video on DTube
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it's not too high some investors are seeing it as an alternative to other investments like stocks and shares.
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I agree, the market cap can go much higher
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There will be a lot a crypto hedge funds created before the end of the year opening up options for more and more traditional investors. If anything the market cap is to small!
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The market cap will go up a lot once we have the first official Crypto EFT
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I think alot of that value has coming from essentially doubling the amount of bitcoin and unless bitcoin cash gets more support I think that cap will quickly shrink by about a quarter.
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Interesting point, I still hold some BCH at the moment. Not sure if I want to sell it.
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