Bitcoin veterans right now
If bitcoin veterans right now had followed me during my days on steemit you should know that I'm not too kind to Bitcoin. I think of it as a prototype pumped up as the real deal. Bitcoin doesn't have the basic fundamentals to become Peer to Peer Electronic Cash on a massive scale. If the entire population of the world was the population was the population of Singapore 5.
I've spoken favorably about Bitcoin Cash. But I still don't believe it's the real deal either. We are only approaching 50k active users and we currently clock about a million Tx each day which bitcoin veterans right now higher than BTC's entire capacity. Check this bitcoin veterans right now which should give you some really good insight: But that's not even the main point. I'll let the Litecoin inventor speak his mind.
STEEM has the exact same problem but little bit more magnified. PIVX and their excellent marketing team leveraged on this. But it's also genuinely true. Without fungibility, nothing is cash.
Without a random person can data-mine and track and predict all or at least most of your spending habits, activities and how your brain tick and this could be used for criminal activities, blackmail or just to empty you digital wallets by selling you stuff at your most rationally vulnerable moments.
Practically anything on the top cryptos by marketcap is better. But today after the big crash few days ago, I was seeing BTC being much stagnant while Alt-coins killing it.
BAT and Monaco which I held through the crash did really well for me and I was taking a look at things to see if my predictions are getting close to become a reality. I've made a bunch of predictions on this site. Many except 1 came true. I didn't expect the current rally in Bitcoin. Some fundamentals changed but still So at least I was halfway wrong about bitcoin veterans right now.
So I bitcoin veterans right now more research this time. I researched about the big money involved. Big whale investors and the money from traditional stock investors. Their crypto subscriptions are not even included in these bitcoin veterans right now subscriptions.
I've followed many of these writers who talk about cryptos and I've listened to podcasts and even watched some promotional materials. Some time ago I attended a live webinar from Teeka Tiwari and left highly disappointed. I even got my hands on a bunch of recommendations from Palm Beach Confidential and it wasn't really a big deal. Just spending some time on steemit and using coinmarketcap should easily cover up half the work presented in PBC.
Just think about that. Half the work of a high end financial newsletter through simple social media interactions that might acutaly even end up making you few dollars.
The material I explored were from people I truly respect. But my conclusion was that no matter how great they are with stocks, bonds, real estate and all of the traditional investments, they are just a bunch of jackasses when it comes to the crypto-sphere.
That's one of the stupidest bitcoin veterans right now advises I've ever heard of. All the while we have sleek monsters like Dash:. That's a lot of money. That's also a huge lot of experienced investors. I consider the "Store of Value" argument to be something utterly senseless and that's a whole bitcoin veterans right now post.
The main point is that these experienced idiots aren't even betting big on Ethereum. It's still not safe enough for them. Most of their so called "Insider Knowledge" can be picked up from Twatter and Reddit and some look around their website and maybe the whitepaper. They also talk about some great technical indicators they are using and almost makes it look like magic. Allow me to give you a list of these technicals and a "Secret Website" which allow you to track most of these technical indicators regarding your cryptocurrency investments.
There were many including me who loved BCH and though it would reach great heights. Teeka Tiwari had a great advise. Sell your Bitcoin Cash. Then he had another great advise. I know these newsletters and the experienced idiots who run them must have made a lot of money and saved a lot of time for many people. But actually learning about cryptocurrency and blockchain for half an year and being on steemit has put me way above those big investors. We are talking about all sorts of coins and we are discussing blockchain technology and having debates on scalability and we are reviewing ICOs.
Reading all the material for hours convinced me of one thing. These people are only beginning to realize the worth of Bitcoin veterans right now but to me and many more, Bitcoin is already a relic. The difference in mindset is like the difference between an average person from a super wealthy country like Singapore, Dubai UAESwitzerland and a wealthy person from Zimbabwe or Congo or North Korea. What all of this means is that the Alt-coins is the new Bitcoin.
Living in our elite ivory tower we might not have noticed this. But The people with both money and experience have only jumped onto the Bitcoin bandwagon and they don't even understand the fundamentals or the tech. Surprisingly, You are probably already more informed about Cryptocurrencies than these newsletter writers. There is also that other Expert bitcoin veterans right now about to eat his dick on live censored television. I've been accused of making posts that are too long.
So I'll make another post on the rise of the Alt-coins later. But until then you might be able to figure out where I'd be going with these posts. I'm also of the same mindset about BTC. Let me ask you a question: What is the value of BTC that is coming from it's age and large miner network? If you reply "nothing" then real BTC value is zero. The craze comes from newbies' only knowing BTC and I'm sorry to say that it will continue that way for a while more.
Despite the December craze and the crowd that is coming into exchanges everyday, we are still not even in early adapter phase. So expect more of the December craze in the coming times and I regret to say but they will all buy BTC and we will see outrageous numbers for BTC which will in turn pull Alt prices up just like it happened in these past few weeks. The bitcoin veterans right now of worlds people will never understand cryptos.
Too complicated for them. Any company that will simplify the use of cryptos will make a lot of money. However, I don't agree with you on the final value of BTC. It will never be good for p2p txs, yes.
But in a world where cryptos are money, it will be used between governments. I'm not sure who is behind all this. And I'm ready to discover one morning that all cryptos have been wiped off. Well simply because this planet is full of shit because of all the shit people in it. But if cryptos live, I promise you, you will all anyone who's reading this be very rich before Unless you just read crypto pages with no intention of buying some.
That's Ripple XRP made by bankers for bankers and many central bitcoin veterans right now all over the world are on-board. I think you are on the money for most part, going from old post I respect and think highly of most of your views. But then bitcoin veterans right now days back Alt coins started blooming and giving much higher returns than BTC and I don't see anything from them on that.
I have always wondered how is BTC going to p2p ever if the value is going up so high and if its so volatile.
I'm no expert have only been into crypto for 6 months so almost a noob, but I still don't believe we will bitcoin veterans right now BTC at 5k. Afterwhen this stablizes a bit, I'm guessing there could be multiple p2p coins in future like say LTC or VTC just some random examples which will be used for regular transactions but you would keep most of your stash in BTC and convert to these for transaction purposes.
BTC will be store of value and these coins will be medium of exchange and it should be bitcoin veterans right now to seamlessly swap coins using whatever wallet you use on your phone by then.
These coins will be like Visa, MastercardAmex of today. Value of BTC will still be high but volatility and rate of growth against USD should slow down a bit for people to actually spend it. Liked reading this one like most of your posts, will look forward to comments as well. Cryptocurrency are digital assets. By definition they have no intrinsic value. The only value a Bitcoin veterans right now has is it's use.
To elaborate more, I'd say it's about. Please take a look at Bitshares and their smart assets. It should solve practically everything you expect BTC to solve. Bitshares have the crypto version of Gold and Silver. These smart assets are backed by BTS to hold the value of the physical counterpart.
This happened in San Juan, Puert Rico, after she had left a dinner party. You also receive blackbytes in proportion to your linked BTC bitcoin veterans right now and your balance in Bytes. People underestimate how much exchanges follow each other. Well, at this volatility you should just sit and wait till you break even again.
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