Crypto market is in a very very early stage of its life...
Why do I think that...
- UP AND DOWN - I think that when the market caps goes up "all coins" go up all coins go up and when it goes down "all coins" go down...
The more we see market cap diversity in the ups and downs related to the project news/data/info we will know that we are heading a new era in crypto market someplace really good!
If VEN goes down it has no relation to SUB that is an internet project nor to POWER that is an electricity project they are totally not related ! It does not matter that they are all ERC20 tokens! They are totally different projects from totally different markets and end products!
Not so good ("All down")
Better some up
Competition-There is only one big utility coin his name Ethereum...
Until we will see real competition from XLM and NEO and in the future from EOS and ADA and many other... It is still early days ! (Competition will improve Ethereum as well ).
What will be the google of crypto? What will be the yahoo of crypto? I don't know but we need them all!
Scams and Zero usage coins... Coins that offer things that they can't give and coins that try to offer things we don't need... There are too many of them out there. Most people don't know how to recognize them... Sadly..
A clear example is BitConnect and one of the funniest things with BitConnect is after their coins dropped significantly because they were a complete scam... People went in and bought more coins... Very early days in crypto market very innocent people!
Adoption Every day usage and adoption.. Do you know personaly someone who bought something with crypto?
Did you buy something with crypto? Do you hold any crypto?
I would be happy to get your answers down below!
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