In 2017 some alts pumped purely because they were advertised as Bitcoin or Ethereum but with scalability. In the years since then, time has kind of proved these coins wrong and that scaling something with no adoption from the community is kind of pointless.A lot of people are looking at 2017 to try and predict which coins will pump the hardest in the next run. I think this is a bad idea, the space has changed quite a bit. The bitcoin movement has grown stronger and the Ethereum ecosystem is certainly more than just cryptokitties. But most importantly, people have learned that starting a completely new network from scratch to gain an extra TPS advantage is a terrible and unsustainable idea. If this space is going to work, which Im sure it will, we will use less chains not more chains. As stupid as the retail market is, you can only shill them a new verison of BTC or ETH a handful of times before they get sick of being dumped on and realise why people stick with the major coins. Or put another way, every new network which get introduced as a "better" alternative, discredits the next one.Theres a very strong bullish case for buying into the market right now and its likely only going to get stronger throughout the year. Just make sure you're in something which has a community wider than 1 subreddit full of shills and remember that the first mover advantage which major coins had in 2017, when everything failed to overtake them, is even stronger now.
Submitted June 11, 2020 at 04:55PM
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