WHO'S NEXT?
Remember that famous line, uttered by Danny Glover in Predator 2? He had finally vanquished the Predator he had been fighting for the entire movie, the Alien Beastie lay dying at his feet, and at least a half dozen more appear!!! Who's Next is going to be the mantra for Bitcoin, until a new Predator overtakes the Ancient Mariner of Cryptos...
In the summer of 2017, it looked like ETH was going to overtake BTC in total market cap. It did not happen, but it was mighty close. Here's my screenshot and photo-chop projection, during that exciting time: (Warning! MAJOR 'coitus-interruptus') lmao!!!
Ripple has surpassed ETH for the #2 spot, BTC is still showing 'gateway drug' tendencies, in other words people buying in with BTC and then moving it out to higher yield Alt.Coins. I predict this will last as long as BTC is #1 in market cap, which could also prolong BTC's reign. Odd situation, but it makes some sense. It might buy time for the BTC Devs and Miners to come up with a viable upgrade so they can maintain that top spot.
Ripple, on the other hand, is promoted as the mainstream solution for banks to combat the antiquated ACH system. This means Bank$ter$ $olution$ for Bank$ter'$ Problem$ and I advise one to tread carefully on the Bank$ter$ Turf! Predetermined Exit Strategies are required, and a watchful eye. I would seek advice from more seasoned traders!
Basically I am saying that Ripple seems to be TPTB's choice, and this article by spells that out a little more: https://steemit.com/cryptocurrency/@spiritualmax/the-ripple-plan-profit-from-this-move Max's way of dealing with Ripple is "Shorting the System" and avoiding it altogether, while staying LONG in the Finite Decentralized Cryptos of BTC, ETH, LTC, and so forth. He is predicting the old "Bait and Switch", either through direct swaps of FDC's for Ripple, or price suppression of these through excessive sales for Ripple purchases. This is a definite possibility, and seems to be what is happening at this moment. As Ripple gains wider acceptance and market saturation, it will be more available with direct fiat purchases, so this might moderate somewhat. I personally do not recommend a huge exposure to "non-FDC's", maybe less than a 25% range. MAXimum!
That being said, I have a small amount set up in Ripple, myself. 5% or so, it's minimal, and all my Crypto Ca$h is disposable "play money" and I do not need any of it for my budget. ~5% is a rather mild bet in my case!
WISH ME LUCK and feel free to give advice on what to watch out for, plus any price predictions where you feel Ripple might level off at. I believe the bank system needs a certain level of liquidity, and this is just getting started! Watch out for TEZOS, an ICO that was founded by a former Goldman-Sachs husband and wife team. What purpose does that oddball coin serve in the Bank$ter$ $cheme of Things? ;) It broke ICO records when it came out, been pretty quiet since then.
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Predator 2 image credit: horrorthon.blogspot.com
BTC/ETH Graph: "yours truly" :D