Cryptocurrency.State Of Bitcoin.Crypto News

in #bitcoin6 years ago

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JANUARY 14, 2018 BY ADMIN
State of Bitcoins & Crypto Mid-2017
The world of Bitcoins and Alt-coins have rapidly evolved over the past few years. Bitcoin related services such as exchange BTC-E and lending service BTCJAM once used have come and gone. While members of the previous guard of services shutter new services spring up to take their place. Some of these defunct entities are more notorious than others. With Mt. Gox being the de-facto synonym for a Bitcoin related service implosion. Mt. Goxed. However as of today a few of the older names have stood the test of time, so far, Bitstamp comes to mind. BTC-E not so much.
The cryptocoin space once had almost no other to only a small handful of players. Bitcoin has always been the largest unquestionable pioneer in this space. Recently newly developed alt coins have been making their way onto the scene, carving out their own space in the niche as well. Names such as
Monero
Ripple
Ethereum
Dash
Litecoin
Bitcoin Cash (Split)
to list a few have made their debut onto the crypto coin scene sharing room with Bitcoin.
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As a long interest owner of Bitcoin these are extremely exciting times. There were the very early adopters getting in at prices of pennies to a few dollars or even tens of dollars years ago in the early 2010 years before Bitcoin cryptocurrency were as well known as they are today.
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While we were not the earliest, very first adopters of Bitcoin we have been and are something of the 2nd generation, 2nd wave if you will of Bitcoin enthusiasts. If you go back to the start of when we came onto the crypto coin scene a few years ago you’ll see we were advocating the technology priced at levels in the low to middle hundreds. We pick up our head at the current $4,000 level and look toward the future.

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