The recent drop, which led to a decrease in the capitalization of the $ 500 billion crypto-currency market, is only the beginning, according to the head of the international department of investment analysis of Goldman Sachs Group Inc.’s Stephen Strogin.

Most crypto currency will most likely not exist in the form in which they exist now, and investors should be prepared for the fact that some of the Coins will disappear, giving way to a number of stronger competitors, Stephen Strogin said in his January 5 public report. Despite the fact that he did not specify a clear time frame, he noted that recent price fluctuations point to the development of the bubble scenario, and also suggested that soon the tendency to synchronous fluctuation of a number of coins will be broken, as several winners will seize this market.

A lot of new coins do not have long-term prospects, due to the long processing of transactions, security problems and the high cost of maintaining networks, says Strogin. The introduction of adjustable bitcoin futures did not solve this problem, he added.

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