It has become clearly evident that bitcoin will dominate the world as the global number 1 cryptocurrency, that's is OK with me.
BUT...
what I am finding really frustrating is all the retail, and institutional money that will only ever flow into bitcoin and will never, ever touch any altcoins.
Sure bitcoin is the master, the supreme, the original crypto, but for gods sake, its now the only cryptocurrency.
Surely out of the 2000+ altcoins, some of these will be almost as powerful as bitcoin.
The altcoins have been smashed of late, purely by the greed of bitcoin, sucking up the global fiat money.
Every altcoin has been sold off and money shoveled into bitcoin. WHEN IS THE PAIN GOING TO STOP!
I have lost so much money on my altcoin HST decision token, purely based on the greed of bitcoin.
Please as an altcoin investor, please stop hurting us, this is so damn cruel.
read this mate if its complex i will rewrite you this
long but hell of wealthy information
here is how answer should be, from analyzer mind and this is how investors predict movements markets and not like the traders which is basically washed by scams like support and resistance and lines on graph movement, lines on graph cannot predict the out come future by any mean, every expert know this
20 years?Huh Hhhhhghhhg
Bro you need to work with sharp logic in anything in life and especially when you invest money,
I will try to be simple as possible .
We need go back to my explanation....
Let's say there is some demand for diamonds/bitcoins which determine the price per Bitcoin/diamonds ok,
Get it ....let's move on
If suddenly the selling rate of diamonds/bitcoins fall drastically because of few reason it will surge the price and will give the illusion that demand is was grew, and why it's give this illusion it's because price grow almost always by demand BUT here the selling rate of Bitcoin/diamonds just fell drastically and this is the reason why the price surge,
Now let's split the example...
Diamonds are only store of vaule most of the time and you cannot buy with them home,clothes,cars and so on you must to SELL them which hurt this industry...
Compare to bitcoins which act as store of value and money which mean compare to diamonds(don't get lost)
With Bitcoin you can buy directly and not SELL them like diamonds/gold which must be converted to cash, and when selling rate fall it surge the price per coin very simple, ...and startup like zeex from Israel and other which soon going to pop , another startup like this come from japan and it will help us to buy all the brands and almost anything with crypto which lead us to the first my explanation...
If the selling rate going fall drastically it will surge the price per coin and smart investors know all this shit, they know when he will surge by this sharp logic/factors(THE ANALYZER), remember diamonds/gold the selling rate will nevr will fall and only grow because its will never accepted as payment/cash and hence people need to sell them in order to buy cars,clothes,and other shit,,,,and when you sell you hurt the value but when you buy it dosent hurt the value and even surge the price.
So zeex already come and we will buy almost anything with crypto. Soon you will see snowball effect it's around 1-3 years ...and you say 20 years???, Why and what without any deep understanding of economy.
Now let's move on....after we know one factor which surge the price per coin and market cap is fucked here when the selling rate fall and not cause because more demand comes but it give the illusion that demand grew but ironaclly it's just selling rate fall nothing more, and surge the price per coin.
Don't forget and don't get lost ....selling rate cannot fall in diamonds/gold because they pure store of value and stores,brands and so on don't accept it, it's mean you always must SELL in order get some kind money which accepted everywhere.
Let's go on...don't get lost....
So selling rate of crypto soon going to fall drastically from simple understanding that startups like zeex and other help us buy anything with crypto and when you BUY you don't hurt the price/value it's called exchange...
sum it in short:
1. must be low supply for this factors to work, because if the supply is to much big the demand will never be bigger then supply and will lose value over time.
2. when selling rate fall in bitcoin,diamonds, whatever its surge the price up, and give the illusion that demand grew but in reality nothing moved in demand its just people dont sell it, but with diamonds/gold it cannot happen because the selling rate will only grow and must converted to some other value(cash) that accepted in brands,cars,houses and so on...hence its hurt this industry...while bitcoin is act as store of value and cash,
3. after we know that when selling rate will fall and will surge the price of the bitcoin and other crypto with ONLY LOW SUPPLY, and give the illusion that demand grew yet ironically its just the selling rate fell and this is the reason why the price surge per coin, why it give illusion that demand grew its because the price almost always grew by demand but in this situation it grew because the selling rate fell drasticlly
4. now when the selling rate will fall drastically the demand didnt move yet think what will happen if the demand also will grew in the same time selling rate fall, its lead to astronomical number price per coin,,,,very logical and why??? sharp mind know to explain why and what the reason without hype and lies so everybody can understand this.
after all this
Then demand is going to bombard soon you know why?
I will not tell why it's so damn easy but after all what you read play with your logic make it more sharp and be analyzer....
I will give a hint
There is to much space for demand in other words 7-8% inside this game but it's not the reason why demand going to bombard soon,. IT'S JUST HINT...
Why it going to bombard figure out your self
Good luck
I did my best and in very simple way
LAST POINT : ask any math teacher he will say there are much more but much more less bitcoins then diamonds or gold and there is special equation to calculate this...which...you know what Smiley)