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CRYPTO EVEREST
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June 04, 2018, 01:10:31 PM
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Blockchain is ten times as valuable as the Internet.
Yesterday evening, CCTV Finance Channel, State Key News TV channel in China, broadcast a talk named Dialogue related to blockchain.
https://cdn-images-1.medium.com/max/800/1*e1mksQs31efFdF2c26R-9g.jpeg

Shouyi Zhang and Wei Xu and others regard blockchain as the second age of the Internet. In the talk, experts believe that the value of the block chain is ten times higher than the Internet. And the blockchain is like a machine that can create trust. Finally, experts carried out a personal understanding of the blockchain value interpretation.
https://cdn-images-1.medium.com/max/800/1*gsN-xt-FlrPxtiWrIOIyLQ.png

Microsoft agreed to acquire Github, related news may be announced today.
According to Bloomberg news, Microsoft has agreed to acquire Github, and relevant information may be announced today. Microsoft and Github have yet to respond to related transactions. But the two companies have been talking over the years, but the negotiations have become more serious in the past few weeks, according to person in the know.
Disclaimer: This article is not meant to constitute trading/investment advice. Please use extreme caution when trading any cryptocurrency.


BTC ANALYSIS

BTC price rebounded for the first two days, and the highest price is $7779, but BTC still didn’t break through the resistance level of $7800. Today, the price of bitcoin has fallen slightly, and the low trading volume conjectures a false breakthrough (bull market). I think the BTC bull market is slowly coming up only when the volume is large and it breaks through $7800. At present, it is still recommended to control your position.
https://cdn-images-1.medium.com/max/800/1*68WtN1TLnXvXkw3aNawGJQ.png


ETH ANALYSIS

The price of ETH has exceeded 600 US dollars, but with the fluctuation of BTC prices, the price of ETH has not risen steadily. In case you want to invest in ETH, you can observe the recent market. when the price is lower than 550 US dollars, I think it is appropriate to buy some.
https://cdn-images-1.medium.com/max/800/1*68WtN1TLnXvXkw3aNawGJQ.png


EOS ANALYSIS

Up to now, not only are nodes of EOS mainnet not clear, but also the mapping of EOS mainnet is not clear. However, investors who do long yesterday lost their trading account. Today, the transaction volume of EOS was greatly reduced. The market showed that the proportion of EOS transactions dropped to fourth place. But I think EOS is still bullish than bearish. After all, the EOS super node campaign needs EOS to vote.so EOS prices will rise again.
https://cdn-images-1.medium.com/max/800/1*Ss1noBOnpl-KrVRlReh87w.png

If you have different opinions, you can reply after reading.
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June 04, 2018, 04:49:16 PM
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Blockchain is ten times as valuable as the Internet.

Now that I disagree with and have no idea where that figure came from. I would be surprised if the blockchain becomes just as valuable as the internet, let alone 10x worth. Isn't the killer app for blockchain cryptocurrencies? As far as my understanding goes, blockchains without cryptocurrency are just slow inefficient databases. In order for a blockchain to be maintained, there needs to be a valuable token to incentivize the maintaining of the ledger and upholding network security.
CRYPTO EVEREST
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June 05, 2018, 11:30:04 AM
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Blockchain is ten times as valuable as the Internet.

Now that I disagree with and have no idea where that figure came from. I would be surprised if the blockchain becomes just as valuable as the internet, let alone 10x worth. Isn't the killer app for blockchain cryptocurrencies? As far as my understanding goes, blockchains without cryptocurrency are just slow inefficient databases. In order for a blockchain to be maintained, there needs to be a valuable token to incentivize the maintaining of the ledger and upholding network security.
I am in favor of the former, otherwise, how to embody the value of blockchain.
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June 05, 2018, 11:56:22 AM
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Blockchain is ten times as valuable as the Internet.

Now that I disagree with and have no idea where that figure came from. I would be surprised if the blockchain becomes just as valuable as the internet, let alone 10x worth. Isn't the killer app for blockchain cryptocurrencies? As far as my understanding goes, blockchains without cryptocurrency are just slow inefficient databases. In order for a blockchain to be maintained, there needs to be a valuable token to incentivize the maintaining of the ledger and upholding network security.

Exactly. Blockchain is a small piece of the puzzle that makes Bitcoin valuable.

Ten times as valuable as the internet? It's like saying the internet is ten times as valuable as electricity. Pure nonsense.
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