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RE: The Importance Of Bitcoin Futures For Bitcoin Mining
Those large companies might try to manipulate the price, but they will most likely not be able to do so to any great extent. They can throw all their resources at bitcoin and other cryptos, but they will never complete control of these decentralized assets.
At the same time, there is reason to be cautious. For miners and even for all holders of cryptos.
Absolutely ! We should be very careful, because big players are not sleeping. The bottom line from this article is that miners should be careful, because more and more tech companies want to mine - which will make mining even less profitable.
Thank you for your comment !
I see, and agree. When I first got into cryptos, the only risk was the cyrptos themselves, cuz nobody really knew if and when they would become accepted and valuable. Now, they've become rather valuable, so of course there are various malevolent forces trying to game them and profit from cryptos.
I'm not very tech savvy, so I can't say much about it. But I hope cryptos help to overcome the evil titans of finance who control the fiat money and who make money by extracting wealth from our economy.
I placed a lot of faith in Bitcoin, but now I'm wondering if Bitcoin Cash might replace Bitcoin Core.
And, recently, I've realized that Steem might be like a little seed that is now germinating and will grow into one of the massive trees.
Would you like me to write an article about btc vs btc cash. I will enrich myself and therefore you. What do you think
That could be good. I've read certain articles about the differences, but none of them have presented the differences in a simple, clear way that non-tech people like me can understand.
When I write my "Chaos Monitaur" posts, I do lots of research, then distill it all into easy-to-understand articles that almost anyone can understand.
If you write such an article for Steemit, try to do the same. Take something complex and confusing, and make it simple and interesting. That way, people will read it and appreciate it and learn from it.
I will do my best ! Thank you for your feedback. It really means something to me :)