You got a point there. but really how many users who have coins and are there in for the long run. Most of them buy a coin hope for a rise(big one)and HODL.
Most HODLers are from 2014 they already have a certain profit but they hope this will be the next bitcoin 2.0. In other words there is a group of people who missed the boat for 2009 bitcoin prices but hope they get another chance with this coin
It will go to 1 billion marketcap if PoW2 and SegSig is being developed. It will be the best developed crypto by far and this is coming from someone who has a much larger stake in Dash, however PoW2 and SegSig is still fantasy and conjecture. A whitepaper does not mean the development is possible, it could be impossible but in theory it looks good. Has any testing been done by users outside the development team?
Nah, it's not a fantasy. It will be rolled out this month and it will be fully active by end of this year cause it needs to go in phases.
Even with this development rolled out it doesn't mean jackshi. The no1 rule of any currency is that it need to be accepted. currently it's not accepted by crypto (investors) and it's by far not accepted by normal people. This is something time will tell
After this update if so called crypto investors are still investing in hype and not real development then shame on them. Like a article I read on cointelegraph about a month ago, ICOs are killing off innovation because the financial incentives to innovate are not there when coins can just start off in the top 50 on coinmarketcap.
Crypto investors only care about the bottomline and not about the future of crypto , if they did and all things were equal and fair Gulden would be top 10.