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Re: ceaa post# 21521

Thursday, 12/17/2020 6:02:41 AM

Thursday, December 17, 2020 6:02:41 AM

Post# of 36204
We'll see what happens in 2021 and beyond.

Eth and btc holding strong.



I believe BTC is doing good so far because it's the only crypto token that's ever talked about by the news media. It's the first token, so a "collector's investment" to many "well off" investors.

ETH is very strong (right now) because it's basically had no competition.
DeFi and gaming really pushed it upwards and still does for the moment.

But now there are hundreds of crypto currencies just starting that have learned from the drawbacks of BTC and ETH and designed around those...many will be faster, cheaper, more capacity, more utility, etc.
A mountain of competition in tokens.

Think of EVERY first product (man-made) ever produced.....they've all been improved on (if they're needed) and the original doesn't exist any longer or is just a museum or collector's item.

Why would anyone think tokens are the only item to not follow this pattern of create, improve, replace, improve ......forever..
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