Post
Topic
Board Altcoin Discussion
Re: Cryptocurrency crash is coming, warns Dogecoin creator
by
lentzaj
on 18/09/2017, 18:44:29 UTC
It's kinda inevitable that there will be one or several big crashes coming up. However, it's far from trivial to say when. Perhaps when the market reaches 200b, 1t or 10t - who knows?

The technology has a lot of use cases, meaning even a crash or two won't eliminate the market. But it will kill a lot of the altcoins I'd wager.

The dot-com bubble didn't result in the internet becoming worthless, just a bunch of the companies trying to profit from it (the bottom lot)

I totally agree with this statement. Even if a lot of coins are not scams and look promising, only a few of them will get mainstream and survive to the bubble explosion. I only invest in coins with a wide span of potential and not limited to a single use case.