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RE: Are you triggered by the price drops?
I agree there is a lot of real world uses for crypto. However 90% of Alts don't address these issues and are purely for speculation. If there is a serious sell off in crypto (50% or so) or a prolonged bear market ( bitcoin has been through year long bears before) I expect many Alts to fail, many people will lose their shirt and people will complain crypto is dead. But the key coins, those that actually offer something, will go from stength to stength
its a dip its a dip .. best time for ppl to buy . soo look this way real business man knows buy things when they are in deep. i feel next round of bitcoin with 6k pretty soon . till then buy at the dip and dnt sell just hold. you everything which goes up will come down , but will go up again for sure .
Yes, there will be a lot of room to weed out some shit coins, but over all it is an untapped market. I can't wait to see how it develops.
Agreed. I don't mean to sound negative as I think crypto has massive potential but coins that are only popular because they go up or because they produce 700% interest per year based on POS don't have any part in that future. They have to actually solve a problem or add real value rather than just be a mechanism for speculation. Iam really positive on crypto and once all those shit coins die, we will be one step closer to mass adoption.
I was lucky enough to be in the right place at the right time during the tech bubble and specifically through the Healthcare Tech sector. We were selling Internet applications to hospitals and physicians that didn't even have internet connections.
Once the idea started to catch on it was wild with all the start-ups, mergers, acquisitions, etc. I also saw many companies fizzle out. I think we will see much of the same activities as the value of the Blockchain is recognized.