Post
Topic
Board Announcements (Altcoins)
Re: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg
by
dzimbeck
on 16/11/2019, 03:03:23 UTC
good luck in 2020, you guys will (still) need it lol

Thanks, hopefully with a more realistic plan we can dig out of this. I think with Latoken peg launch we are too dependent on one exchange, time will be the judge. Only if that nets BTC can we take the gamble to pay other listings. Thus, I'm advising on multisig exchange projects to give us a permanent home. Will see how that goes. Still any new exchanges still need volume, especially decentralized ones. And things are not getting less competitive, just saturated. Most alts are down 10-100 fold, I'm pretty sure there is nobody in this industry that doesn't want to hop in a time machine and go back a decade or even a couple years.

The other question is can any of the altcoins even survive the altcoin slaughter?! Entering a new decade I don't see the same level of enthusiasm to reverse the trend yet. It's possible the only hope underfunded alts have to survive is to fuse with brick and mortar businesses so they actually produce some sort of real income via dividends or real estate. That needs either businesses to use crypto platforms or capital to push a project forward.