Post
Topic
Board Speculation (Altcoins)
Re: Coins with potential to x100?
by
BartS
on 15/12/2019, 04:12:54 UTC
I think it is difficult for any altcoin to have x100 capability in the near future. Currently, the cryptocurrency market is facing many difficulties, the market needs a lot of time for stability and growth. It will take a lot of time for a crypto to be able to x100 its price.
Investors need to accept the reality of the market, we are never going to see something like what happened during 2017 happening again in this market, and it is not really difficult to understand why, at that moment everyone was really excited about the possibilities that cryptocurrencies could bring to the world and many believed that a huge change was imminent.

But now we know better, we know that it will take this market decades in order to reach its full potential and when many coins do not even last for one year then it is completely understandable why no coin will give those kind of profits again.
It seems to me that it is almost impossible to predict which coin can give such results so that the price increases one hundred times.  But the fact is that only a project that will be really in demand in society and if investors invest their money for a long time can give good income, since many projects can develop for several years and during this time even the cryptocurrency market can change significantly.  Then it is quite possible that you can get 100 x, but what kind of coin will be needed for this is impossible to predict.  Nevertheless, each of us hopes for such results from Bitcoin and Ethereum, as well as Tron and Stellar.
And that is obviously the biggest problem of all of this, it is true that a few coins can go up in value that much if you put attention to them, but who is capable of identifying which coin is going to make such an abrupt movement before it does?

If you take your time to look at the icos you will see that most of them looked the same, if you were to compare a coin that gained 100 times its value and you compared that coin to the many coins that were released close to that time you will not see a huge difference.