SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Blockchain and Cryptocurrencies -- Ignore unavailable to you. Want to Upgrade?


To: Frank Pembleton who wrote (962)10/3/2018 3:09:40 PM
From: Frank Pembleton1 Recommendation

Recommended By
roguedolphin

  Read Replies (2) | Respond to of 7699
 
I'm thinking a select group of Crypto/exchanges/banks collapsing? EOS/Tether/a certain pedo bank? Is the swearing in of a certain Supreme Court Judge adding weight to a normally weightless crypto sector? Is it because with a weighted change in the SC the prosecutions have a chance of moving forward? Maybe I should pay attention to the noise a little bit more closely?

That's gotta be what's happening because the trading action is indicating something incredibly bad is on the horizon...

Now the question I have is; should I switch all of my crytos into Bitcoin within my wallet, or say the hell with it and find safety in fiat?

I'll repeat: SAFETY IN FIAT!!!

lol



To: Frank Pembleton who wrote (962)10/3/2018 3:31:09 PM
From: Graystone1 Recommendation

Recommended By
Cogito Ergo Sum

  Read Replies (2) | Respond to of 7699
 
$10,000 NZD
or
1 BTC

I am with you, I was expecting the rally and I still am. This is all my opinion. Market cap doesn't mean much when you are talking about the dominant cryptocurrency, currently what really matters is hashpower, that determines who gets to play. XRP ain't a contender.
The processing power of the bitcoin blockchain continues to grow. I think no cryptocurrency will ever catch bitcoin, the bitcoin blockchain will never be useable and it won't matter how powerful new ASICs become. The main BTC pools are dominant, the core team will never allow a major change and everyone has to get used to it, it is going to be BTC, it is the spine of the crypto-universe.
The next battle will be which coin clears the fiat wall, gets the fiat volume, not value mind you, just volume. Someone is going to move at some point. China can do nothing, the US can do nothing, Russia can do nothing. Anyone failing to get in will be left behind, which won't matter, the systems will co-exist for a long time. If crypto is going to take over the world it is going to start by doing real world transactions, one at a time.

Which cryptocoin will end up being as useable as fiat , hard to say, but I believe it will be one closely linked to the system in more ways than just having a blockchain, it will offer a new ecosystem that can be adopted. Crypto credit card pay variants are popular right now. Crypto phone pay apps are popular as well. Just the fact that NASAA can look at 200 ICO's s is indicative of the momentum. Most crypto will be worthless, some will actually work. A good example of a working cryptocurrency is XMR, it is a working ecosystem and has great utility for certain people.



To: Frank Pembleton who wrote (962)10/8/2018 10:37:37 AM
From: Cogito Ergo Sum1 Recommendation

Recommended By
Thehammer

  Read Replies (1) | Respond to of 7699
 
Blockchain is far bigger than cryptos.. they are a distraction.. snake oil in many was..