|
Title: cryptocurrency storage peg Post by: Husires on January 30, 2018, 10:35:48 PM Quote from: Market psychology is based off of pricing precedent and raw demand/supply forces. Aggregate market psychology chooses numbers such as $10,000 BTC and $1,000 ETH, but there is no objectively good reason why ETH should be $1,000 instead of $500. Therefore, normal coins are prone to bubbles: panic buying pursued by panic selling. in the near future do you think cryptocurrency will gradually transition from digital asset to something tangible (decentralized hardware storage)Source (https://medium.com/oysterprotocol/how-prl-pricing-will-work-in-the-future-d67c4f231386) Title: Re: cryptocurrency storage peg Post by: bluefirecorp_ on February 01, 2018, 07:58:49 PM Author of the article is an idiot blogging about all these neat "crypto monies".
They should probably read: https://bitcoin.org/en/faq#why-do-bitcoins-have-value |