Re: Would There Be Enough Room in the Future for all these Digital Currencies?
The world of cryptocurrencies truly fascinates me. How can it not? Ive never seen so many people this excited about the concept of virtual currency before. Even the dialogues in this forum are very dynamic and of course, informative (I might have picked a few tips here and there 
). I know these coins have proven to be very good investments and Ive read so many success stories already about people making a huge profit out of this.
But would there be enough space for all these ICOs and coins to co-exist? Do we need this many coins? Or are you foreseeing a future where we will be using only one virtual currency?
). I know these coins have proven to be very good investments and Ive read so many success stories already about people making a huge profit out of this.But would there be enough space for all these ICOs and coins to co-exist? Do we need this many coins? Or are you foreseeing a future where we will be using only one virtual currency?
there won't be, there are way too many of them and not enough good products to go around so a lot of them are just going to end up dying out in the coming years. I try to make use of the opportunity that the coins present to buy the good coins now while people are still focused on buying the ones that are no good, when they start dying out, the good coins will be of even greater value than ever before.