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RE: Is Cryptocurrency market dead? Current cryptomarket conditions

in #ethereum7 years ago

I think we are in the middle of a slight downturn as people's enthusiasm has dipped along with the market. I feel the catalyst will be Bitcoin moving towards 20k. While many of us know altcoins, I would suggest a large portion of the population only know Bitcoin. It is only when they hear about the Bitcoin price rising they take interest in the crypto market and then find out about altcoins etc.

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My enthusiasm has certainly been dampened. Instead of just hoping that crypto prices go up, I'm writing more on Steemit and therefore actually using blockchain technology.

We live in interesting times.

Your ethusiasm is good