Substratum is one of the few coins that will survive. They will see mass adoption sooner than you all speculators think and my guess is you will be rushing to rebuy your shorts way higher.
SHIFT or Substratum?
BTW, what is there to "survive" about something that doesn't exist? SHIFT has a product, which can be adopted. Sub does not, so there is nothing to adopt.
This is why we are seeing the bubble popping right now. The correction is going to be much worse because the run-up of coins were based on non-existent promises.
There's a heavy correction coming. A lot of worthless ERC20 tokens will be crushed along with crash. I can't say any different for SUB. However, The team has been done impressive in the last couple of months and If (just if) the team is able to build the platform up to standard, We could see mass adoption for SUB.
I agree. This last rally has been very profitable, but quite ridiculous. (I'm actually still holding some, sadly. Waiting for a bounce, and then I'm out for now)
If 10 people each hold a rock, and 1 person (10% of them) can sell the rock for 1 million, each of them are millionaires as long as they HODL, and the market cap for the rocks is 10 million.
Then 1 of them cashes out, and the others are left with total garbage.
Now, obviously if the rocks are gold (analogous to good coins that aren't just hype and mania without substance), then they will be fine.
If not, they will get crushed.
This is same for stocks, gold, silver,...
Crypo have to mature, now have massive spike but when market cap will reach few trillions will calm down and stop to be so volatile. It is alternative market to gold and stocks, something new.
About Substratum I think is great project not just in economic meaning, but will give also freedom to people which don't have it. For me from west is hard to think to have censured internet.
This project must be support from all us for human good.
But Sub still has no product. It hasn't solved anything, while SHIFT actually has. SHIFT has already done very well last month with no marketing. Now their campaign is just starting.
What I'm saying is that this market correction (which will be longer term.. you think a drop to 650 billion USD is something) is going to last quite a while, and definitely hurt? The run-up of garbage coins (not necessarily Sub, but others like TRX, XRP) has been happening for way longer.