I have watched a guy saying over 95% of alt coins will banish in near future. so here is my questions
1. do you have any speculation about what percentage of alt coins or ICOs would still exist for next 5 years?
2. If you pick just one alt coin or ICO, which will survive for sure and why?
There will many but will be worth pennies. For a cryptocoin to work you just need 2 people. So not that much requirements. But 99% of coins right now is overpriced. Way overpriced. there are $1 billion and more worth coins with no usability.
I wont say that any of the altcoin on the coin market cap (except 1 or 2) are overpriced. The crypto market is still on the initial stage of adoption and development. I would rather say that most of the altcoins on market and the whole market capitalization of the crypto world is quite undervalued currently.
We are not even close to saying the word mass adoption. Most of the altcoins with good potential, vision, hard working team and advance technology shall survive in the long run. Many will be in worth pennies, but many will even be worth fortune. So invest with research and analysis.
There are nothing working things worth $5 billions. Do you know how much is $5 billions? Do you know how much is worth Dell? They do have a working product. Several.
Huawei was a month ago worth 1/10 of EOS. And EOS is nothing at this point, Huawei is, .... Who is here undervalued? EOS? RIPPLE? DASH? ..... who?