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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.29+0.6%Nov 7 4:00 PM EST

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To: TobagoJack who wrote (172014)5/20/2021 2:25:35 PM
From: carranza2  Read Replies (1) of 217588
 
Too much leverage, mainly in Asia, too much speculation. Naturally, many liquidated accounts.

I have returned to Ether given its recent downfall. I like its business model - blockchain contract handling for enterprises too small to create and maintain their own blockchains, preferably using Ether coins as the currency. I am also in Coinbase which makes money whether cryptos go up or down.

I believe BTC will eventually founder because of environmental and regulatory issues.

inc42.com
But I do believe the blockchain technologies that enable cryptos are hugely disruptive. We are in the infancy of what they can do. The efficiencies they create are amazing. That's where the money will be in the future.
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