The Future of Altcoins
Despite this current wave of sentiment one needs to consider the following:
1. Exchanges have incentive to list altcoins.
2. Users have incentive to buy altcoins
3. Miners have incentive to mine altcoins
Why is there merit to thinking that BTC dominance will rise to 100%? Seems unlikely.
In my opinion the altcoin market will continue to grow at some percentage of the total BTC market. According to this chart
we could see a total altcoin marketcap in the 1-3 Trillion dollar range in just a short amount of time.
It’s value - store of Value
The Alts are not - they meant
For value - to exchange
No limit there, except the price:
The time on market - proof of work,
Can not be bought, created, sold
It earned, secured and tested
Proven Perfect tool for trading
Of All and any, time times value
Who see the profit - knows the code
You see the riddle? Trade some more :)