Post
Topic
Board Economics
Re: What would happen if another cryptocurrency took Bitcoins place in Market Cap?
by
galambo
on 18/09/2018, 04:31:27 UTC
So what do you think would happen if another Cryptocurrency (Example Monero / Ethereum etc) were to take Bitcoins spot as first in market cap?
For it, you should compare the volume, demand and price for everything. You will get your answers yourself. Yes it can be the case after a lot of years because even bitcoins took a lot of years to reach at this point. As we compared other coins which you mentioned like monero, etc we can see that even those coins are much potential and can really have huge profits ahead so investing into those coins to are much profitable and is ind emand but the price for those coins is comparitively low than bitcoins. Perhaps those coins need a lot of years to go through and get on top of the market cap. Bitcoins are considered as the mother coin of all other major coins and also it is the oldest crypto-currency ever.