[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 46 KB, 462x500, 1502312038381.jpg [View same] [iqdb] [saucenao] [google]
5990583 No.5990583 [Reply] [Original]

I don't think crypto is a bubble but I do think that 5y from now 99% of coins will be dead and a handful of established, functional coins will rule supreme. What do you call that?

>> No.5990602

>>5990583
the truth

>> No.5990683
File: 94 KB, 462x500, 148769071156598.gif [View same] [iqdb] [saucenao] [google]
5990683

>>5990583
lots of retarded mutation and survival of the fittest?

>> No.5990808

i think it'll come down to certain countries/regions adopting certain coins. china wont want to use the coins america uses

>> No.5990876

>>5990808
>decentralize all the things, screw fiat currencies, globalism and yeah
>muuh country token
that's a pretty shitty argument, senpai

>> No.5990985

>>5990583
It’s called the birth and evolution of an entire economic system. People called the internet a bubble too, yet it’s going no where

>> No.5991006
File: 285 KB, 462x500, 1502943676222.gif [View same] [iqdb] [saucenao] [google]
5991006

>>5990683
>>5990583
It's a simple purge of shitcoins that will die off on their own, the market will take care of itself.

>> No.5991369

>>5990583
Doubt it. There is no reason for coins to just die. It's not like the dot com bubble where there are shit businesses with lots of expenses and overhead praying to just break even. You can make a coin easily and anyone on the planet can run a node. It's chink mentality to think there can be only one of this or that. Only if the world government succeeds will there be a monopoly on currency again and there won't be that dream is dead. Believe me.

>> No.5991414
File: 56 KB, 645x729, IMG_4140.png [View same] [iqdb] [saucenao] [google]
5991414

>>5990583
>I don't think crypto is a bubble but I do think that 5y from now 99% of coins will be dead and a handful of established, functional coins will rule supreme. What do you call that?

>> No.5991567

>>5990583
New tech, growing pains of burgeoning market. It happens all the time. Take the vidya crash in the early 80's for example. Popularity spike, market got flooded with garbage, people stopped buying, a lot of companies went under or nearly so. Nintendo rose from the ashes, even put a sticker on all their games that said "seal of quality" in response to what happened before.