You are viewing a single comment's thread from:

RE: Economist: Cryptocurrency is a gambling game for the Chinese, Koreans and Japanese

Dear @eyeris

Interesting choice of topic. Upvote on the way :)

Cryptocurrencies will not be recognized as a full-fledged currency because of their volatility

Love to hear that. Trying to push crypto as a monetary system is bringing so much resistance from authorities and banks.

Crypto as a store of value - this is direction this industry should take. STO's will surely rock this market one day :)

Bitcoin is unlikely to be able to renew its own maximum above $20,000, as Wall Street traders will not allow it. "Wall Street organized a futures market in Chicago. Traders there can lower the price when it rises too high.

That's only partly true. Futures investors can go long or short. It's not much of a business for them to simply bring BTC to it's knees and leave it there.

Yours
Piotr

Coin Marketplace

STEEM 0.16
TRX 0.13
JST 0.026
BTC 57213.13
ETH 2415.72
USDT 1.00
SBD 2.40