RE: I (finally) read Bitcoins whitepaper today...
I’m with you on Sia...but I don’t know about it enough to jump in now, it may also be overinflated.
I say as long as you keep half your stuff in more “stable” coins and the other in riskier ones, you are bound to come out ahead, maybe way ahead, maybe just a bit. I’m not putting too much into bitcoin until they fix the scaling and get the fees down, until then it’s litecoin dash and Etherium for me. I’m putting a lot into EOS too because Dan knows how to build things that people can use. Whether or not they work in the long run is yet to be seen but at least I know that will go up in the future.
Being at steemit automatically makes us more knowledgeable than the average layman. Find two or three people you trust here and one or two on youtube and compare what they say, make your own deduction and BOOM, you are a millionaire.
Yeah - I'm going to share a secret...this is a confessional. I don't believe in BTC long term. It's got first mover advantage - and some heavy institutional investors behind it - and that's about it. I still maintain it will always have 'collector value'...but for all the problems you mentioned, and then some...
You're probably right on Sia - FOMO-vestors are just looking down the charts, seeing what's up and throwing in money. Wait til it settles down.
Did you hear about Verge coin? $1 last year would be $1 million today. I think I'm gonna take a $100 and go for every coin that's like $.00000001 lol. And find these crypto sages you speak of haha
Yay Steemit - Dan + co were pretty brilliant with Steemit - the only way to ensure people use your crypto is to create an eco-system that depends on it...genius.