I think that there will always be a few popular and heavily used coins and thousands of less popular small caps with more volatility.
Most things tend to follow zipfs law. So the first few currencies will always have the majority of the market cap. And the 100th greatest crypto will probably have about 1% of the market cap, compared to the first having about 50% and the 1000th having 0.1%.
Topic: When the big selection occurs? (Read 263 times)
I believe many of these coins will be able to stand together at the same time. There will be vast needs for different types of blockchains. I think the chain that fits in with the most users will be the one that eventually wins out. I don't believe in the only one coin per idea.
the main crypto I hold is etherum. I've never been bitcoin again because now the price is not affordable. then when there were many choices, I made a choice to ripple to accompany my etherum investment. that's enough.
I think that every coin created will have different goals because the dev and the team are not the same so they have their own vision and mission for the project. right now, ethereum still leading the project with so many smart contracts in out there but ethereum itself still following bitcoin price and will adjust the price whenever bitcoin moves. but I still choose bitcoin and ethereum as my main coins so far and for the other altcoin, I only choose if the price can move in the short time or middle time. but I won't close my mind if there are any good altcoin that can give me a good profit in the long-term because I see that there are many altcoins that can give a big profit in the long-term.
Everyone has their own ideas. I always think that Bitcoin and Ethereum are the best cryptocurrencies in my mind. I want to invest. I only hold Bitcoin and Ethereum, but I am also observing other Coins, so more time to have your own ideas
Competition in my opinion only exists on the level of one's confidence and desire as a great person to the coin, perhaps because ethereum more in interest when compared with other coin.
Yeah, but all competition coins promise better features than Ethereum. For example EOS, their coin promise fater transactions and they solve the scalability. Don't you think that they can really replace Ethereum?
The market of crypto currency is dynamic. New and new coins are being developed and are running successfully in the market. among them, bitcoin is still the best, being the oldest and the first coin to be surviving in the market and giving a head on competition to the other coins as well.
Altcoins that have the same functionality do need to be selected, so that will provide intense competition in the development of altcoin in the future especially both from the features and marketing. Maybe this time ethereum still can not be rivaled by some competitors like NEO and Waves, but did not rule out the future NEO and Waves will rival Ethereum. as well as altcoin like XCP with STR, DCR with XMR and so on.
I think that zilliqa has the potential to become as great as ethereum. But that will not be tomorrow.
I agree with you and I think the selection has taken place, there are many ico platforms available now and every developer definitely choose the best platform to launch its ico. So ethereum is not alone and will always compete to be the best
The market of crypto currency is getting more and more popular. It has started with just one coin and now it has more than fifteen hundred coins that are operating in the market of crypto currency. These coins are relatively new in comparison to bitcoin. I think bitcoin will be the best for you than others. You should select coin based on the quality.
Hi guys, I would like to know when selection occurs. I mean there are a lot of same altcoins with same use, some offers better features but some are more estabilished.
Good example is Ethereum and its competitors like NEO, EOS, TRON and many more.
Thanks for your ideas.
Good example is Ethereum and its competitors like NEO, EOS, TRON and many more.
Thanks for your ideas.
I think so far, neo, eos, and tron is not strong enough to compare with ethereum and still, ethereum has a good project than the others. but I think in the future, neo, eos, and tron will give a proves if they are another good coins that could be the competitor for ethereum and until that time, maybe ethereum still used by many of project. besides that, I heard that waves have many projects too like ethereum and they have their own market and maybe waves can be a strong ethereum competitor.
We can not be sure when the selection occurred, because about the growth of altcoin we can not make sure clearly. and that's what I understand. because each altcoin has different performance and competitiveness. hopefully this will make altcoin become more developed.
Only 5 visitors have seen this interested topic? Guys you dont have any opinion about current market situation?
Currently the token market is dominated by ETH for sure.
NEO, NEM, Wave are here for quite a period but haven't challenged ETH in anyway.
EOS, Stellar, ADA and TRON are also popular but their worth is still to be seen.
They are similar to a level but most of them different enough to co-exists, time would tell.
When there will be one platform falling down in sustaining too much load and as well as getting itself based with huge fees, demand and supply equation then we will need adoption of second platform and then third and then so on. I guess its all about the time which we dont know at all. ETH devs know that they are literally falling down the crater because of other platform with high scale network and thats why they have started to develop and are in hurry to launch their own next level of scaling. I guess this competition will continue all the time and wont stop the adoption at all.
Putting them.VIs a vis each has area of strong influence and weak one. Selection might be dificult to make right now. Ethereuem is wrong a widely use, but neo equal has a good running system but not as popular as ethereeum Eos is also doing good
coins should be selected for investments based on the number of demand the people have towards it. there are 1500 coins in the market, and finding a good coin is tough. the bet one so far is the bitcoin, which is the oldest and is still at the top in the market.
Competition in my opinion only exists on the level of one's confidence and desire as a great person to the coin, perhaps because ethereum more in interest when compared with other coin.
Yeah, but all competition coins promise better features than Ethereum. For example EOS, their coin promise fater transactions and they solve the scalability. Don't you think that they can really replace Ethereum?
Competition in my opinion only exists on the level of one's confidence and desire as a great person to the coin, perhaps because ethereum more in interest when compared with other coin.
Yeah, but all competition coins promise better features than Ethereum. For example EOS, their coin promise fater transactions and they solve the scalability. Don't you think that they can really replace Ethereum?
There would not be an exact date or exact selection. Every of them need to have some unique functions to exist parallel. And clients would start chosing them according to their needs. Yeah
There would not be an exact date or exact selection. Every of them need to have some unique functions to exist parallel. And clients would start chosing them according to their needs. The one that stays as an inferior option to some other would die off. So the coins would either evolve or die and none would be competing with ETH as it is.
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