Post
Topic
Board Altcoin Discussion
Re: Am I wrong?
by
teosanru
on 27/08/2021, 17:45:54 UTC
Is it possible that crypto will become stable when mass adoption occurs? I'm not saying stable like USDT I'm saying stability/bottom minus huge or massive dumps that we are all used to when bear market strikes, I know everyone can't be a holder but if crypto eventually achieve its dream of means of payment there will be more stability in crypto market, am I wrong?
Mass adoption of 11000 currencies would obviously never occur, Mass adoption would obviously involve just a few hundred currencies, and the rest all could be categorized as small-cap currencies which would still be prone to manipulation and massive pumps-dumps, but the top 20 currencies would stabilize a lot, their daily movements would be capped up to some extent and would move too much only due to effect of some good or bad news, By adoption, I don't only mean more people accepting cryptos but I also mean equitable distribution of existing cryptos where it's not only the whales who control everything or there are multiple opposing groups of whales which can counter balance effects of each other.