Thanks. Hope you will like my future content :)
I was wondering what could be your view on upcoming G20 summit in Argentina (19-20 march).
I believe that prices will be dropping down until this summit will end. I cant imagine any larger buying power stepping in just now.
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My view is that there will be a distraction, G20 today, something else tomorrow. My view is also that the technology and progress is unstoppable and blockchain is here to stay. This doesn't mean the 1000's of current blockchains will survive. In fact I believe only very few of current cryptos will mean something in the future. There used to be many internet protocols developed at the beginning of the networking- TCP/IP wiped them off. There used to be many mobile phone operating systems, basically each manufacturer had it's own. What we do have now? ios, android, windows (ending life), blackberry (ending life) and there's probably few more. Internet search engines - same story.
I agree.
After all as an investor Im trying to figure out which industries can benefit long term in cryptospace and then Im trying to find out which cryptos could be potentially become a leader. I like to think that this is reasonable long term investment strategy.
Yeah, there's always a balance. Earlier you spot the opportunity the higher the potential gain, but also the risk of failure. Cardano and EOS are probably the most sophisticated at this time and I have good feelings about both of them, but the adaptation is not there yet so everything can change. EOS will hit the mainstreem market well before Cardano, so this gives them big advantage. Ethereum has large adaptation, but their technology lacks behind, I'm not sure if they can upgrade to match the growing competition in terms of technology. Steem has nowhere near the potential of EOS, but the adaptation is good and growing so I'm quite optimistic about it, at least in the short to medium term.
I was wondering what do you think about NEO? I invested lately in DBC (deepbrain chain) as I very much believe that AI martket will grow very fast in upcoming year. And DBC is backed up by NEO. I would love to know whats your view.
ps.
When EOS will hit the mainstreem market? Im not very familiar with that crypto.
Cheers,
Don't know much about NEO but I hold some just in case :) It's suppose to be better and faster than Ethereum but slower than EOS or Cardano. It's already live if I'm correct, and Chinese market is huge. EOS going live on June 1st, not sure about Cardano, but they won't be ready anytime soon. Cardano has all major papers peer reviewed by researchers from various universities, I believe this gives them very strong position to start something standing on really solid foundation.
Appreciate again your prompt reply. I will be following you closely :)