Post
Topic
Board Economics
Re: My market vision at this time...
by
exstasie
on 24/09/2019, 07:17:30 UTC
Ethereum looks very strong, much stronger than other altcoins. I can't find a single chart that compares. Sentiment is lovely too. Everyone keeps saying "Ethereum is worthless cuz no ICO bubble".......clearly most people have sold or shorted it.

My bet is that 2020 will be very bullish for altcoins. People are betting that Ethereum will falter in the next bull market, that something shiny and new will take all the spotlight from it. Looking at the ETH charts though, I doubt it. Flippening talk will come back.
ETH 2.0 will be coming early January 2020 so maybe after that we can see altcoins starting to recover and bounce back after a disappointing 2018-2019. ICO's are dead now because we have a new emerging business model, IEO.

I don't know about the "Flippening" though, because I'm not seeing Ethereum reaching any heights as compare to before. If ever Ethereum rose in 2020, bitcoin will be out of the reach and I doubt that we can hear discussions about this "Flippening".

I'm not sure the flippening would actually happen, but people will start speculating about it again for sure.

It's possible too. The ETH supply is growing a lot faster than the BTC supply, so overtaking BTC's market cap is getting easier and easier in terms of price. Market cap is such a dumb metric......