CRYTPOCURRENCY UPDATE - FEB. 20, 2018 - CRYPTO MINING CRAZE CONTINUES - FUD IS BACK FROM Vitalik Buterin? - OPINION
BTC $11,035 - up from our snapshot yesterday, but down from what looked like we might breach 12k. I told friends to get in at 13k so I will be thrilled if we get somewhere close to that soon.
ETH $891- a bit of a stumble there, may be your last chance to buy ETH for under 900 for a while.
LTC $203 - down 14 since our previous post.
NEO $125- down 12 since our previous post.
OUR TOP STORY
The Crypto Mining Craze is now at full impulse.
Scores of miners from around the world are traveling to places like Hong Kong's Sham Shui Po and Singapore's Sim Lim Square to buy the rigs, which the shops' hardware geeks expertly build behind counters in their cramped boutiques.
Maybe we should get into mining. This seems to be a fever pitch. Maybe we can review rigs.
Citation:https://in.mobile.reuters.com/article/amp/idINKCN1G503P
OUR SECOND STORY
FUD is BACK FROM Vitalik Buterin?
Okay so its not really FUD, but it does speak to the fact that cryptos are not there yet, at least right now. The question remains though...
Who says the cyrpto market, will ever behave like any other market?If assets stop increasing in value, people will not want them.
I actually appreciate what he is trying to say, what do you guys think?
OPINION
Today we posted an opinion on twitter, basically we are endorsing all forms of decentralization. We think the elephant in the room is government, but things are slow to be adapted. #decentralization #software #finance #information #governance
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