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RE: Bitcoin Dominance Hits 3 Month Highs
Yeah it doesn't seem like we should need over 1,000 coins. I'd guess we probably only need about 100 maybe even less. I also think consolidation will be very good.
Not sure we even need 100. In the end I'd be surprised if the form of the industry wasn't three big blockchains have 90% market share
And a bunch of little niche players end up with 10% share between 40 niche players
I think steemit will be getting smart media tokens. I think those might be similar to alt coins. We'll probably have at least a dozen of those on here eventually but yeah the top 3 or 10 tokens should have a huge portion of the market share.