Do you know I am really impressed with Bitcoin’s dominance. It’s held onto it like a champ, exceeding my expectations for shortly after fork mania. Remember it was sitting at 45% before it started happening. So, the forks have had a lasting effect then it seems. Potentially more people are warier of parting with their bitcoins now.
The Bitcoin “Bubble”:
Credit: https://www.reddit.com/r/Bitcoin/comments/7egerr/all_this_talk_of_bubbles_reminds_me_of_the_dot/
Assuming history repeats itself, and a lot of websites or coins become so overvalued and people realize there not worth these astronomical figures and everyone tries to cash out at the same time and the bubble pops… Then all of crypto would go down, for a while. And then out of the ash the real players take off. The coins that actually do what it says on the tin. That work. That have use cases, and therefore value.
Bitcoin? For sure I think. Especially once scaling is sorted and it’s extremely viable as a day to day currency.
Ethereum? Most likely. Currently though it suffers from thousands of promising concepts, but are still mostly just that. We need some more real-world use cases in my opinion. This will come though.
However, Bitcoin is potentially fundamentally different from any bubble humanity has ever seen. Bitcoin shoots up, comes down, consolidates, shoots up again. This is potentially different from usual bubbles that just flat line vertically before crashing to the earth. So, if it is a bubble, it’s not a traditional one. Bitcoin has shown itself as being highly resistant.
Inflation. If only I’d have invested:
https://www.reddit.com/r/Bitcoin/comments/7ebd6b/mcdonalds_menu_in_1972_remember_kids_inflation_is/
It’s time for some alt coin discussions. Let’s talk low market cap ones. Not trying to pump, but attempt to add value for some of you.
Groestlcoin, fell from a crazy height. A correction was necessary. Lightning network and atomic swaps are in their roadmap.
Tether, not wait that’s not meant to be on this list.
MyBit, alpha release of the platform that allows you to invest in IoT devices.
Chain Link, linking real world data to smart contracts. Can’t immediately see something exciting coming up, but the project is solid.
Lisk. If it shoots up after it’s rebrand, then I’d say officially we have the new thing in crypto. Forks were nice, but now we have rebrands.
Litecoin. Highest Marketcap of all the coins listed here, but they actively add hypeable things to their coin. For example Charlie wants confidential transactions, because privacy is cool.
A website to track your boyfriend’s mood swings, doesn’t work on girlfriends mostly.
It’s called coinmarketcap.com
Credit: https://www.reddit.com/r/CryptoCurrency/comments/7eg9va/i_found_a_site_that_tells_me_my_bfs_mood_swings/
Intro Credit:
https://twitter.com/WhalePanda/status/932578074587205634
- WhalePanda
💙 Keep on Hodling
💰 Buy Bitcoin through Coinbase: http://bit.ly/2hZh8bg
🔒 Recommended wallet - Ledger Nano S: http://bit.ly/2xeymFX
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☄️ Time-stamps!
01:10 Bitcoins Dominance
01:32 Bitcoin Bubble
02:57 Market Recap
04:34 McDonalds Inflation
04:45 Alt Coin Discussion
06:17 Giveaway
10:14 Bonus Outro
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🙃 More of me:
◆ Join the Crypto Community!: www.ichatcrypto.com
◆ Steemit: https://steemit.com/@crypto-daily
◆ Twitter: https://twitter.com/Crypto_Daily
◆ Facebook: https://www.facebook.com/thecryptodaily/
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⚡ No donations accepted! But if you would like to support me, please consider sharing this vid. Thank you!
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⭐ Links!
◆ The Bitcoin Bubble: http://bit.ly/2zXupt3
◆ McDonalds Inflation: http://bit.ly/2iDi6Ib
◆ Boyfriends Mood Swings: http://bit.ly/2mM4E9s
◆ Intro Gif Credit: http://bit.ly/2zU1MNj
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💬 I am not a financial adviser and this is not financial advice. I'm just a humble man with a great passion for all things block-chain, even tangle.