Post
Topic
Board Speculation (Altcoins)
Re: Why 2018 will be an amazing year for some but awful for others
by
Bezobraznike
on 17/06/2018, 12:03:52 UTC
In the early 90s, many of the early investors in internet companies sold off their stocks.  It didn't look like the internet was going anywhere,  and there were plenty of new stories disparaging it.  With the sell off,  big institutions started buying the stocks at fire sale prices.

Fast forward to 1995-96.  Scam companies became rampant and companies 100 years old were adding a .com to their name and tripling their stock price overnight.

Little by little,  those scam companies were exposed and soon the bubble burst.  But the good companies continued to balloon in spite of the collapse.

The same thing is happening in crypto.

It's 1996, and we have 1000's of currencies.... That we don't need.

It's a game of musical chairs.  We don't need 30 privacy coins.  Maybe we just need 4 or 5.

This year, we will see the beginning of shitcoins start to flounder while useful coins rocket to the sky (see my signature)

The most important thing to do if you're new to crypto is to ask these questions:

1. Does this coin solve a massive problem?
2. Is the team incredible?
3. Is there a decent following?
4. Has this coin been audited for security issues?
5. Was there a shady premine or other red flags?

Stick with these questions and DO NOT SELL your good coins.

Big banks,  corporations, even governments are beginning to jump in to crypto.

Once that wave comes,  you will be happy you held your coins.


very nice perspective. There surely is a similarity between crypto now and internet in early 90s, I guess only time will tell if crypto can grow as big as internet did. Let's see

   Week ago one post on Twitter said the same thing. If Bitcoin came here with just people investing where will it be
when companies start to invest heavily? I think tweet was from  John McAfee, I tried to find that post but there are
to many things. It`s not important from whom it is, or where I saw it, what is important that I see the same thing
in one week from two different sides and I see the logic in that.
   This year will be amazing for people who hold crypto-currencies and for the one`s who are buying more.