Post
Topic
Board Altcoin Discussion
Re: Market cap is the only thing what we should care about.
by
Lanatsa
on 21/02/2019, 22:31:37 UTC
Hi, I have just realized, that crypto was really overvalued in 2017 and probably we will not see these prices again.

Look for example on Ethereum: https://coincheckup.com/coins/ethereum/predictions - Ethereum ATH price was 1500USD it equals 4% of all M1 money in the world, that is lot of money!

Or people think that Bitcoin can reach 100,000USD - it equals 10% of all M1 money in the world.

Don´t you think that the hype of crypto is over?
I do somehow believe into this perspective and even myself do believe that we would really hardly see those bull run thing happened on 2017 but
who knows because everything is possible with crypto.Reaching those price might happen again if we do see full adoption not only reaching the ATH
but even more but talking for 100k usd per btc sounds to exaggerated actually.