The Currency Analytics
By Steven Anderson
The current discourse among cryptocurrency enthusiasts is about whether the altcoins are a better investment when compared to the Bitcoin.
Roger Ver, Bitcoin Cash Promoter stated, “Bitcoin Cash will outperform Bitcoin in a few years.” He further said, "I am not so optimistic about Bitcoin anymore.
Investors are willing to look well beyond Bitcoin. Cryptocurrency brokers are looking to be competitive these days.
After witnessing Bitcoin climb the price trend, several crypto analysts have projected death for Altcoins.
Brian Kelly, founder, and CEO of BKCM stated, "A word of caution, timing the flows from these retail behemoths may prove to be tricky.
Jeff Dorman, Chief Investment Officer, stated that "Bitcoin hasn't found equilibrium yet.” Dorman also opined that the black swan type events provide for tail risk, but are not…
Nouriel Roubini, the Economist, calls the cryptocurrencies as "mother and father of all bubbles.
For all practical reasons, it is possible to consider that only 30 coins are operating correctly on any scale in the cryptocurrency industry.
The acceptance and utility are that which creates a demand for cryptocurrency as money. Regardless, the crypto market is tiny for now.