Quotation and analysis of Twogap white paper 2.0 — Term 1

in #bitcoin5 years ago

Crypto’s funeral
Crypto’s ramble is a sign of a new start?

Where will the emerging disruptor go in this dreary market?

The crypto market has been seen as a time bomb, a financial speculation bubble compared to the dot-com bubble of the 2000s. Even the crypto bubble is thought to be more dangerous than the dotcom bubble because crypto is difficult to Death, the life of it persists even if the individual or organization that created it died or did not create value, not formed the real business has the potential to make a profit.

Statistics show that 80% of ICOs are phishing, 15% is not really effective. Investors, traders are victims of price manipulation and victims of the ICO. Long-standing clinical death draws on the scene of the Crypto’s gigantic crypt, in which the coffins are still shaky.

This is a peculiar pain for Crypto Market and Crypto Industry because what is hard to die is also slow to reproduce the new cycle. All this bullshit has kept the market trapped in the average trap no more than $ 200- $ 300 billion during the first three quarters of 2018.

We are witnessing the crypto clambering wildly in the huge cemetery with thousands of dead cryptocurrencies on coinmarketcap.

Who is feeling this pain?

Who is crying this pain?

It is the crypto investor, the trader who is crying for their crypto, the trading floors, the startup enthusiasm is deeply felt the pain of the loss.

Are governments mourning?

If the market sideways and collapses, then the economy, culture and technology of the earth will be slow to move forward, so governments will not gain any advantage. Do you think science and technology are the driving force behind economic growth that the public has set out to expect when they vote for them?

In the end will the bubble burst, or will it find a viable way to continue to adjust to moving up? Is crypto the only funeral or after the funeral will appear new sperm? A small crowd with a few people quietly take off in the rain, it is often just a ghost.

But for this example, imagine that the gang of gangsters, the Mafia is often rampant, it turns into a manifestation of force intended to sort, then the new force will emerge. The great roar of the great men also signalled the turning point of the revolution, the great changes will appear immediately after. The large, rampant, rambunctious masses of Crypto are the next strong change signs?

Does cryptocurrency itself actually form a new industry, a new economy, creating meaningful value systems through means of value exchange, based on peer-to-peer trading, Flexible, secure, decentralized, empowering individuals that we call the crypto industry?

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