You are viewing a single comment's thread from:

RE: Cryptocurrency Price Predictions for July 2017!

in #steem7 years ago

Great points, but if you'd translate it into currencies and their respective niches like the one for games or porn, it would mean that the faster they adapt into being mainstream, the more value they have right? So let's say bitcoin will still be the leader but other niche focussed coins can also play on the stage but have a way lower value. How do you look at this? Or do you think that every niche-currency has no chance at all?

Sort:  

Some niche currencies may survive due to the dedication of their user communities out of loyalty, nostalgia or principles but for the hard core, high throughput use of global commercial transactions..I think it will be Bitcoin. If you were a high value commercial enterprise investing in shares .. would you risk it with a niche crypto with a small following or go for the crypto used by many more millions of people which has been around the longest and stress tested the most ?