/biz/ - Business & Finance

>>4990491

You are all living a lie. And I'm warning you all.

Yes we are in a bubble, but real coins will survive.

99% of the coins out there will die. They serve no purpose other than pump&dumping, often maintained by a team of 5 people max., these coins will never get anywhere. 99% of coins aren't even used right now, it's pure empty speculation.

Look at the chart, LOOK AT IT. All crypto sorted by number of Transactions, take note of the issued fees as well.

- ETHEREUM is doing more than 1 million right now, BTC comes in second with about 400K (being generous).
- Look at the fees that are actually being earned by miners.
- Look at how worthless anything below ETH and BTC is really.
- The insanity that is BTC fees right now, ridiculous, look at where it is even compared to ETHs inflated cryptocat fees.
- In 2018 Ethereum will be able to handle A LOT more transactions and hundreds of dAPPs will launch. ETH will be doing tens of millions of transactions soon. This 1 million right now mostly is just Etherdelta (a DEX) and Cryptocats. Loads of decentralized exchanges (DEX's) will launch in Q1/2 of 2018, like Ethfinex for example (by Bitfinex, running on ETH and 0x).

As for the rest..
SHITLOADS OF COINS AREN'T EVEN USED. They just trade on exchanges, arrange some meetings, announce some worthless partnerships. OPEN YOUR EYES PEOPLE.

>BTC will probably stay around because of the first mover advantage, the name, the store of value meme.
>ETH will run everything else, and if it can't, tokens ON ethereum will run it.
>There will probably be another finance focused coin like XRP or my guess: XLM surviving the bubble pop.
>Add some stablecoins like USDT (I know..) or MKR or DGX (check them out) in the mix.

Disclaimers: Yes I know Ripple is doing shitloads of transactions, but 1: 90% don't contain value and fees and is just noise on the chain, 2: Ripple is not a truly decentralized coin so it doesn't count for shit in crypto.

Source: https://onchainfx.com

You are all living a lie. And I'm warning you all.

Yes we are in a bubble, but real coins will survive.

99% of the coins out there will die. They serve no purpose other than pump&dumping, often maintained by a team of 5 people max., these coins will never get anywhere. 99% of coins aren't even used right now, it's pure empty speculation.

Look at the chart, LOOK AT IT. All crypto sorted by number of Transactions, take note of the issued fees as well.

- ETHEREUM is doing more than 1 million right now, BTC comes in second with about 400K (being generous).
- Look at the fees that are actually being earned by miners.
- Look at how worthless anything below ETH and BTC is really.
- The insanity that is BTC fees right now, ridiculous, look at where it is even compared to ETHs inflated cryptocat fees.
- In 2018 Ethereum will be able to handle A LOT more transactions and hundreds of dAPPs will launch. ETH will be doing tens of millions of transactions soon. This 1 million right now mostly is just Etherdelta (a DEX) and Cryptocats. Loads of decentralized exchanges (DEX's) will launch in Q1/2 of 2018, like Ethfinex for example (by Bitfinex, running on ETH and 0x).

As for the rest..
SHITLOADS OF COINS AREN'T EVEN USED. They just trade on exchanges, arrange some meetings, announce some worthless partnerships. OPEN YOUR EYES PEOPLE.

>BTC will probably stay around because of the first mover advantage, the name, the store of value meme.
>ETH will run everything else, and if it can't, tokens ON ethereum will run it.
>There will probably be another financed focused coin like XRP or my guess: XLM surviving the bubble pop.
>Add some stablecoins like USDT (I know..) or MKR or DGX (check them out) in the mix.

Disclaimers: Yes I know Ripple is doing shitloads of transactions, but 1: 90% don't contain value and fees and is just noise on the chain, 2: Ripple is not a truly decentralized coin so it doesn't count for shit in crypto.

Source: https://onchainfx.com

You are all living a lie. And I'm warning you all.

Yes we are in a bubble, but real coins will survive.

99% of the coins out there will die. They serve no purpose other than pump&dumping, often maintained by a team of 5 people max., these coins will never get anywhere. 99% of coins aren't even used right now, it's pure empty speculation.

Look at the chart, LOOK AT IT. All crypto sorted by number of Transactions, take note of the issued fees as well.

- ETHEREUM is doing more than 1 million right now, BTC comes in second with about 400K (being generous).
- Look at the fees that are actually being earned by miners.
- Look at how worthless anything below ETH and BTC is really.
- The insanity that is BTC fees right now, ridiculous, look at where it is even compared to ETHs inflated cryptocat fees.
- In 2018 Ethereum will be able to handle A LOT more transactions and hundreds of dAPPs will launch. ETH will be doing tens of millions of transactions soon. This 1 million right now mostly is just Etherdelta (a DEX) and Cryptocats. Loads of decentralized exchanges (DEX's) will launch in Q1/2 of 2018, like Ethfinex for example (by Bitfinex, running on ETH and 0x).

As for the rest..
SHITLOADS OF COINS AREN'T EVEN USED. They just trade on exchanges, arrange some meetings, announce some worthless partnerships. OPEN YOUR EYES PEOPLE.

>BTC will probably stay around because of the first mover advantage, the name, the store of value meme.
>ETH will run everything else, and if it can't, tokens ON ethereum will run it.
>There will probably be another financed focused coin like XRP or my guess: XLM surviving the bubble pop.
>Add some stablecoins like USDT (I know..) or MKR or DGX (check them out) in the mix.

Disclaimers: Yes I know Ripple is doing shitloads of transactions, but 1: 90% don't contain value and fees and is just noise on the chain, 2: Ripple is not a truly decentralized coin so it doesn't count for shit in crypto.

Source: https://onchainfx.com