The one month graphs of the Dow Jones, Bitcoin, Ethereum and the Crypto market in general, are looking a bit alike. There seems to be a general feeling of a need for further correction. What do you think?
Imo you cannot judge it by historical (technical) analysis alone
It depends on many factors since the market would grow in exponential rate IF cryptocurrencies can be used to easily buy real stuff, and have many use case
To date many ICO projects try to make micropayment ready, for example: CRPT, OMG, PAY, etc.
Also many try to create ecosystem based cryptocurrency, for example: AIC, VST, etc.
And many more. .
If that kind of project widely accepted, we can expect huge boost in demand.
The problem with stock is that it is old system thus not many room for new market.
Imo, it will be replaced by ICO in the future.