I predict everything is going to crash dramatically in the following days and weeks. Crypto has a balance problem with running between absolute bearish and absolute crazy bullish. So we again ran too far too quickly and it's all coming down.
BTC back to 750 at least.
Most alts 30-40% drop....probably much more.
Seems you use Marxist analysis, you (as everyone who believe in marx and its economic thought school) are wrong.
You're not even close to what happens to cryptocurrencies.
Cryptocurrency is a phenomena just exploding, the most know is Bitcoin but bitcoin has serious issues about scalability, this will drive money to AltCoins, the most solid (well planned) are ETH,Zcash I bet on ETH, I've 4x mi worth since I decided to bet in eth and it will continue to grow much faster than any other crypto as the 'experimental failure' ghost vanishes .
all cryptocurrencies dont represent more than 0.0001% of the fiat in the world, all we know with the time Cryptocurrencies will be 100% of the money used, this is an prediction for the next 20yr as much long to be verified, on that time Bitcoin will be another cryptocurrency (heavily forked) among the sea.
Current BIP dont really solve the scalability issues bitcoin has, as SegWit only hides it, and B.U. only make it worst(very slow) on the long, bitcoin is ransomed by
chinese miners not the community, this is the big problem, and those miners use to be
chinese big hogs -mostly-.
The only true Economic though school is the Hungry, efficiency and productivity e.e. are just politics and vanity.