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Top Executive Says Almost All Cryptocurrencies Will Die

Discussion in 'General Discussion' started by pepeg, Feb 11, 2019.

  1. pepeg

    pepeg Contributor

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    So another top executive now declares that almost all (95%) of all cryptocurrencies will perish. Matt Hougan from Bitwise also added that there is a bubble in the crypto industry, like the dot-com bubble.

    https://all-stocks.net/bitwise-top-...e-the-destiny-of-almost-all-cryptocurrencies/

    But he does also say that those cryptocurrecies that will survive will make an interesting investment. Do you think that essentially the entire crypto market will collapse, leaving only a few survivors?
     
  2. acidicsantana

    acidicsantana Contributor

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    There is a ton of trash out there, so this guy is on the right track. 95% of shitcoins have no use case.
     
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  3. ayyslana

    ayyslana Beginner

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    especially this industry is known for enormous numbers of scam projects, but anyway as he said Amazon, Apple, and GE have all weathered massive stock market fluctuations on their rise to the top, so would the crypto
     
  4. Helga Bjarni

    Helga Bjarni Contributor

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  5. MAGA

    MAGA Master of Crypto Staff Member Super Admin Premium Member

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    Agreed, there is tons of trash out there and every day new coins come out. In the end hopefully the best ones win over the hyped garbage
     
  6. Helga Bjarni

    Helga Bjarni Contributor

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