This post is about the situation in the crypto market. I keep a close eye on him and draw conclusions as far as my knowledge permits, and I am much angrier at this time than worried. You have not noticed the huge collapse of all currencies. Why is it so?
At the moment, the main concern is the Bitcoin and SegWit decision to increase the size of the block. It is speculated that this will hardly be the end of a Bitcoin. I am not a specialist in this sphere, but what is the worst case scenario we may have? The Bitcoin can be split into two networks - one with the old 1MB block size and one with the new 2MB size. Then, in theory, anyone who keeps their own Bitcoins on a stand-alone portfolio rather than on an exchange or site will have access to their Bitcoins to the two networks - that is, your two-fold will be WONDERFUL. This, in turn, can lead to other problems, but remember one thing - BITCOIN WILL NOT be REMOVED AFTER 1 AUGUST. Not will cost 100 dollars. On the contrary, if the devil does not go so black, he will have a huge interest in buying and the price could be $ 5,000 by the end of August.
Why, though, with the fall of a Bitcoin, a Litecoin, for example, falls? They have solved their problems with their network, and many analysts predicted that Litecoin would cost over $ 100 by the end of the month after some people would use it to buffer their Bitcoins. Nothing like that happens. On the contrary, Litecoin, along with all other currencies, falls like a stone. Why?
This is the big question and the answer is easy. All these friends are speculation. Bear Market. Blood on the streets. Big investor players and bankers felt and feared the power of the crypto ecosystem. This is their end - at least the banks in their present form. And now they're trying to put a hand on your tokens. They create a panic on the market, skillfully use the SegWit problem and the fact that people pull their money out of stock exchanges and put them in hardware portfolios and stand-alone ones such as Jaxx and Exodus because they will have control of their own stock rather than the stock exchange themselves.
So it creates a tremendous horror that the balloon is cracking and has to be sold now before everything is lost. Do not bind. Do not sell your tokens. They will not disappear and in the coming months and maybe years there will be nothing to replace the Battlecock, the Ethereal and the others. The result, however, is that it is now massively sold at a loss by people who are afraid of their savings in the crypt, the rich buy, the tokens are not endless, and if people do not feel and stop selling, we will wake up in a world where the notorious 1% People - the super-rich - will have oversold and a large part of the crypto-market and will obey them in their interest, which he is now working on giving people the tools and the opportunity to be freer.
The post has become a long one and I do not want to bore you, so I will not touch the ICO situation, these notorious organizations, I will say, yes, much of them will not survive and become a scam, hundreds of millions will be lost.
I would be interested to hear your thoughts on the subject and what are you doing now with your crypto coins - do you sell or HOLDR?