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Been monitoring Litecoin myself.. Silently clawing it's way back up in value while bitcoin lay lifeless.. I just have this intuition bitcoin dominance will be greatly reduced this year
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It's definitely a good for altcoins..People say all altcoins are tightly bound to bitcoin but it's a wrong idea. Take a look at bnb while bitcoin has remained almost stationary in the past few months, BNB has grown remarkably in value.. An active use case with a ready market for altcoin projects will make bitcoin loose it's dominance.
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Well it depends on your parameters u use to classify shitcoins
Some major cryptocurrencies of today used to be shitcoins in the past... All you need to do is more research before making investments in order to decipher the usecase and available market for any investments u make in so called shitcoins
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My concern are
1. The dominance of bitcoin over the remaining altcoins is worrisome.. Irregardless of some having better usecase
2. The rate of failed projects in the crypto space is becoming too much and a deterrent to investors
3. When are we finally going to meet satoshi? Lol
4. It's been 10 years plus and the crypto space has not attained maturity in its response to Fake news and pumps.
5. Quantum technology is by the corner and no one is talking of how to fortify the biggest crypto in the land "Bitcoin" from the imminent threat
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The space is just so funny. People keep devising diverse way to solicit money from noobs. In my opinion this crypto can not be taught but rather experienced..
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I unarguably support his opinion. Fiat currency is a mess in some underdeveloped nations and the inability of the Government to manage the economy see them printing more and more worthless paper and devalue the economy. Bitcoin and cryptocurrency is the best option..
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Hardfork are just fundamental analysis traders tend to capitalize on for quick profit because to be truthful most of those forked coins are scams and never actualize their roadmap. The core values in bitcoin is the ability for it to permit quick,accountable, non-restrictive payments as well as the limited supply
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I don't completely share the sentiment of this post.. In my opinion bitcoin to be precise does not really fit for payment processing. We have other blockchain projects that are better suited for that purpose with diverse partnerships that give allow them give more financial services than the bitcoin.Truth is if I where a merchant I might never accept bitcoin also because of the absence of the developer( anyone knows where satoshi is lol), and pick other better suited blockchain projects
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soulja Boy will definitely take back his words in the nearest future and make another U turn.. Because whether he likes it or not blockchain technology and cryptocurrency Is the future!!
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Whoever made this error seriously need a life coach.. Life is too fragile to be ridden like a mad cow. If he had diversify his portfolios and made some investment elsewhere asides from crypto he could still be leaving the life he wished for even in this dip phase of the crypto market
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Am all in with the idea of DApps , nothing will bring better integration of blockchain technology into the every day life of individuals in the society than Dapps. Let's glad pass this phase in which we only see blockchain technology as an investment option and move into the phase it becomes a lifestyle changing technology
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I don't completely agree with this post.. The success of crypto is more or less hinged on this emerging projects moving pass hype to finally delivering real use case. Majority of the projects we have in crypto today are just white papers and hype. Until we move into the phase of delivering products the world can seamlessly relate with, mass adoption will remain a joke!!
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Ethereum is definitely here for the long haul.. So far so good the first of every kind in the blockchain space tend to outshine the copy cats.. It's also important to note that the developers of the ethereum blockchain have proven beyond doubt that they are after the continuality and integrity of the project.
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I don't know why some people are reacting negatively to this post but in my opinion it shows that crypto currency is growing in acceptance as a store of value and that's good for the entire blockchain community
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This idea of getting rid of fiat completely to me is a fallacy. In my own opinion crypto and fiat can co- exist without this constant rancor created by some crypto enthusiasts who know little or nothing about the finance world..
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The fact remains crypto needs more regulations before it can attain the lofty heights it's being attributed. More protection for investors is required. The rate of scam in the blockchain space is alarming I must say
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