Post
Topic
Board Speculation (Altcoins)
Re: Most cryptos to go to Zero
by
Yuuto
on 10/02/2018, 23:26:35 UTC
Very good analysis by Goldman Sachs on where crypto is going: https://www.bloomberg.com/news/articles/2018-02-07/get-ready-for-most-cryptocurrencies-to-hit-zero-goldman-says

We still have not seen the launch of the crypto of the future

In the long run, the shitcoins will be filtered out by market itself and the survivors will be the actual good coins.

This is a reason why low cap coins is a big no go zone for me. Even if I do trade low cap coins it's going to be short term trades that I tried to get out of as soon as pump comes, because I know that they are not going to survive in the long run.

Bitcoin is going to remain king, altcoins are going to evolve to become better, and older alts will be replaced if they don't update as well. So the article is somewhat correct, though BTC should hold its value.