I don't care about these coins - they'v been good for pumps/dumps but nothing else. There's no economy being built around them. I'v never seen a partnership that wasn't a price manipulation scam. So I don't believe that any of them have any genuine fundamentals outside of bubblenomics.
I think most will return close to zero sats within the next 12 months. Verge is a good example and I'v been watching it and trying to play bounces, although I haven't touched it for a long time. The price action is deflationary, I don't see any real action now.
The indicator suggests further decline too, perhaps into 2020. I will keep watching, but I am bearish on alts. For those waiting for the Alt Spring, I would say only that the alt breakout of 2017 happened only after BTC reached its previous ATH and, of course, it was part of long-term bullish move where people actually believed these projects had merit... clearly they don't and it's also clear more and more people know this.
I think most will return close to zero sats within the next 12 months. Verge is a good example and I'v been watching it and trying to play bounces, although I haven't touched it for a long time. The price action is deflationary, I don't see any real action now.
The indicator suggests further decline too, perhaps into 2020. I will keep watching, but I am bearish on alts. For those waiting for the Alt Spring, I would say only that the alt breakout of 2017 happened only after BTC reached its previous ATH and, of course, it was part of long-term bullish move where people actually believed these projects had merit... clearly they don't and it's also clear more and more people know this.
