Problem is how do you value crypto when there is no backing and some has inflating supply. Some have a viable sounding business model but then it is run by a company and defeats the decentralized idea to begin with. There is just perceived valuation and no real way to do value analysis of any kind. Buying Crypto is like jumping into junior mining stock on a nice story. Yes and I am doing it as well.
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Valuation of these cryptos is out of my head too...what i have noticed is, mare speculation has value too, when there are too many of them . ....everyone is on a fest, picking up everything, it's a frenzy... i am totally for cryptos but with a pinch of salt regarding valuation. So what? Do i believe in bitcoin going 50 thousand to million ?...at the moment, i would rather believe "NEO" going 1000.
Hmm interesting, I will check out NEO... If we compare the stock market. Bitcoin would be more like Amazon, first to market and large user base... So it is likely it will out run the others in this race by popularity / adoption.
If crypto is to success in future, and u digest the valuation of bitcoin and ether and ok with it, my stock market experience see NEO is the best pick .. please dont ask me for valuation...lol