Post
Topic
Board Altcoin Discussion
Re: Will 2017 gains ever happen again?
by
jayhal
on 31/01/2018, 09:35:25 UTC
No, stop living in the dreams.

In 2016 BTC was 600 and jumped up to 12000. This is the unique phenomenon which was based on the several factors. The hype-train, plus the amount of the newcomers made this possible. Now there are just not enough dudes in the world who can be considered as newcomers to the crypto investment, thereby I can't see this will happen again.

Don't get me wrong I would love to be ve part of this phenomenon, but let's be fair with ourselves, that's highly unlikely.

Umm.. Monsieur Snafu, is it somewhat possible that you may not be aware just how many people live on our pale, blue dot? 

Take a look at this. That author's best guess is that about 0.36% of the world population has invested in crypto.  I think there are many people who do not have BTC wallets but are only in altcoins specifically.   I've guessed that there are currently possibly up to 3% of the world that have currently got some sort of stake / position in crypto assets (my crypto friends disagree with me however).   

Soooo, I'm quite curious on what you think.  Knowing this info, do you think adding 50 million more crypto users / holders in the next 12-18 months would have a positive effect on price movements for crypto assets?   How about adding 500 million more crypto users in the next 4-5 yrs?  How about 2-3 billion in the next decade?   

Let's be fair with ourselves, I'm not even certain the ballgame has even started yet.