So regardless of the reason of this last dip. I noticed 2 of the top 10 coins ( XRP and XLM) sort of survived the dip and performed well against BTC which usually is not the case comparing this dip to previews dips . take 11th oct 2018 for example.
in USD rate in the last 7 days :
BTC dropped : 13.48%
XRP dropped : 6.7 %
XLM dropped : 9.2%
also XRP surpassed ETH "not for the first time" but this time i think it will last.
I think that these 2 coins will remain more stable than bitcoin for a long time.
seems like centralization or semi-centralization in crypto is going to take over one way or the other. I hope not but we shall see soon.
tell me what you guys think?
I agree with you, a semi-centralization in crypto will be the next milestone of cryptocurrency. Lots of decentralized project do harm to the investors as far as I can see. And bitcoin i believe is actually moving to the semi-centralized one since it is needed to perform at its best which include regulations for client protection, and believe it or not, lots of altcoins had moved to semi-centralized since they had seen the flaw of a fully decentralized cryptocurrency.