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RE: BITCOIN TO HIT $25,000 OR ALL A HUGE PYRAMID SCHEME!? - Crypto Nights Episode #7
Great Episode guys,
My opinion is that the reason of the steem price drop is the exact the same reason that bitcoin price raised, people are moving investment to bitcoin I think Temporary
Pyramid Scheme?? How such stupid guys get hired in such positions, Pyramid Scheme my a**.
if it was a pyramid scheme at least it should be centralized, before going into technical and financial correct analyzes.
I agree with metcalfe law, thanks for bringing people attention to it..
you guys should do episodes more frequently, Great Work
I saw a few posts in which people appeared disapointed with ethereum price performance at the time of the Byzantium fork! Suggestions that alts such ethereum and steem price declines due to bitcoin popularity seem reasonable and tend to agree analysis on that front is more productive than ill informed claims of pyramid schemes. Intrestingly metcalfe law was also used as measure for bitcoin block size increases in relation to bandwidth and storage capacity increases. Will be intresting to see what unfolds in 2018.
thank you @malekalmsaddi excellent comment!!
We are looking at starting a new series soon but will probably be at the beginning of next year - we will keep you posted!
Make sure you follow and stay tuned for more!!
Alex