Do you think it's reasonable to say...

densuj

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Quote from: iimpact on March 27, 2017, 10:24:04 AM

..that now when there is more than 22 billions of dollars in cryptocurrencies world new great projects such as Iconomi or Lisk will have much faster/easier growth in price then they would 1 year ago when for example ETH started pumping?

I guess more people are trading nowdays, more money is overall in the cryptocurrencies and i would say the growth of the new great projects should be way faster then last year in in the same period.

Of course yes, if we use analysis fundamental for some altcoins that has chance to growing up in the future include ethereum, it is depend on the developers, investors, projects be builded relate with altcoins. Analysis fundamental be used for prediction price long term investments and for short time investments usually use analysis technical for trading altcoins.

Chikito

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everything is okay I think, some altcoin grow well, and see bitcoin also decreased and an easy hike in the prediction, this of course makes a distinct advantage.

tiggytomb

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Also on the flip side there will be a lot more people coming into the crypto world which means that we will also have an increase in the ICO scams.

xuan87

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I think it is a reasonable to say the growth of crypto currencies is very good so it impact the usage of crypto coin, and some of the alt coin got a good potential and got lot of investor, I also can feel now more people area aware of alt coin, so yes now alt coin growth is at very good rate

Harlot

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What you are saying is the overall prices of Cryptocurrencies values if Combined it is more of like an index like DJIA or NASDAQ. But the real question is how much of that 22 Billion $ is from Lisk or ETH, because that is where you can determine if there is really a demand for the said altcoins. Behind that big value is the truth but with using common sense we all know that the big part of that 22 Billion dollars is from Bitcoin.

iimpact

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Number of people in the cryptocurrency world is a huge factor because an average folks know shit about crypto. They heard of Bitcoin and that's about it. And average person will not invest into crypto at all. Having double or more people in crypto in just one year is a huge potential I'm talking about.
Crypto market cap doubled in 1 year and now you have a situation where much larger community then it was 1 year ago is searching for projects with huge potential such as Iconomy, Lisk, Golem or whatever and in a matter of 1 click on some exchange can push cash into that new arising project. - This is the potential I'm talking about.
To make it more simple for people who still don't get it.

100 potential investors into Lisk is not the same as 200 potential investors.

Herbert2020

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Quote from: iimpact on March 27, 2017, 10:24:04 AM

..that now when there is more than 22 billions of dollars in cryptocurrencies world new great projects such as Iconomi or Lisk will have much faster/easier growth in price then they would 1 year ago when for example ETH started pumping?

I guess more people are trading nowdays, more money is overall in the cryptocurrencies and i would say the growth of the new great projects should be way faster then last year in in the same period.

it is possible that there is more traders today than it was before because it is a growing market after all. but your conclusion is wrong because you are just looking at a short term statistics. instead you should take a look at bigger picture.
the rises in both price and the total volume, marketcap,... are only numbers if you don't know what it is you are looking at. and all of these "stats" went up because we are in a pumping season. and in a pumping season a lot of money/BTC flies in and after the season is over they all fly out the same way they came in.

bbc.reporter

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Quote from: iimpact on March 27, 2017, 10:24:04 AM

..that now when there is more than 22 billions of dollars in cryptocurrencies world new great projects such as Iconomi or Lisk will have much faster/easier growth in price then they would 1 year ago when for example ETH started pumping?

I guess more people are trading nowdays, more money is overall in the cryptocurrencies and i would say the growth of the new great projects should be way faster then last year in in the same period.

It is a little reasonable. But do not take away the fact that the whales manipulate and control the markets in the cryptosphere. A high price of a cryptocoin is not one and the same with real growth. Dumps happen all of the time in the exchanges.

benthach

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to say is to say say

g___

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Quote from: iimpact on March 27, 2017, 10:24:04 AM

I guess more people are trading nowdays, more money is overall in the cryptocurrencies and i would say the growth of the new great projects should be way faster then last year in in the same period.

the crypto space is great right now because for the most part, it's a low barrier to entry (for many coins). as many (or all to some) are speculative plays, people will look at "hot" markets (ie. cryptocurrencies) as interesting, and want to invest. this is based on fomo (from people not investing in bitcoin from it's infancy), people recognizing / forecasting on the blockchain trend, and others simply seeing the value and believing what blockchain technology can do. i imagine this will accelerate growth, as bitcoin and ethereum have been so prevalent in the news, and therefore introducing more of the masses to the world of alt's.

my 0.2

contraband

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I wouldnt say the two connect, no.

Why do they connect? Because there is more value in other coins now than there was before? Easier because you assume the number of people in the overall community has grown?

If that is true, why would that help, say, Lisk.

I just dont see how a lowgrade project such as Lisk would have a better chance just because the party might have become bigger.

Other factors are much more important, and that is why if I had to answer your question with a yes or no, it would be no.

metropolit

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Lisk will be #1 alt in 2019.

Sounds logical to me, it's actually a good point.

vannaria

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Quote from: iimpact on March 27, 2017, 10:24:04 AM

..that now when there is more than 22 billions of dollars in cryptocurrencies world new great projects such as Iconomi or Lisk will have much faster/easier growth in price then they would 1 year ago when for example ETH started pumping?

I guess more people are trading nowdays, more money is overall in the cryptocurrencies and i would say the growth of the new great projects should be way faster then last year in in the same period.

Probably yes, but I think it's not a defined rule.
Nowadays we have also a lot of good crypto that become more and more famous due the value change and more valid project can be in competition.

iimpact

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..that now when there is more than 22 billions of dollars in cryptocurrencies world new great projects such as Iconomi or Lisk will have much faster/easier growth in price then they would 1 year ago when for example ETH started pumping?

I guess more people are trading nowdays, more money is overall in the cryptocurrencies and i would say the growth of the new great projects should be way faster then last year in in the same period.

Topic: Do you think it's reasonable to say... (Read 673 times)