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RE: Crypto Stats: Bitcoin going solo again. Market cap support & top 10 coins
Thanks for the detailed comment. Your theory might come true, however more and more projects come out and each one claims to solve a different problem. This might blind the ordinary people, which still have a strong share of this market. Not to say that the number of newbies will drastically increase in the future. And whoever is in this market for gains, will mostly focus on alts.
Carry on!
I agree.
Many people will make great gains in ICOs or with trading alts.
Then, in which currency will they park (HODL) their proceeds? US-Dollar, Gold or Bitcoin?
If they really believe that Bitcoin will be accepted as a payment method in the near future, then in BTC I believe. But in my case (I'm a student), I need the money at disposal, because I can't pay with crypto (yet), so I need to 'tether' it sometimes.