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Husires (OP)
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January 30, 2018, 10:35:48 PM
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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)
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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February 01, 2018, 07:58:49 PM
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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
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