RE: 💣WHY BANKS FEAR BITCOIN TODAY AND CREATE FUD 🔥 SEE A PREDICTION FOR 2022 WHICH COULD BECOME REALITY! 💣
Gave you a follow for this post...it is exceptional.
I agree with your outlook. The crypto/blockchain market is gone...it is out of the bag. They cannot put it back in and that is what has the likes of Dimon freaking out. They need to demonize as much as they can to scare the average header listener. Few take the time to really research anything so they now that 60% of the people are duped by a simply headline or two.
I do not foresee BTC drifting away for the simple reason it is recognized as the leader in the crypto world, has the publicity, and is a great store of value. Gold held top rank in metals for the same reason, it is recognized as such. When a store of value is agreed upon in a realm, first in metals now in crypto, there is no need to change it.
As far as who takes out the USD and becomes money, that is still up in the air.
I am betting on LTC for that one.
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Thank you for your assessment! For me it seems very probable that Bitcoin stays in the market, evolving with the other approaches around. Yes for cash alternatives there are many contenders today. Dash, ZCash (J. P. Morgans choice 😉) and many others. Many doubt that established cryptocurrencies can stay because they seem old and outdated from a technological standpoint but i think they simply adapt new developments very fast and have this deep market penetration with strong branding, especially Bitcoin is so long around the even the most rejecting people heard about it in the radio or from watchin' TV. It's already basic knowledge that you can spell Bitcoin even if you know nothing about the technology behind i think.
I'm very optimistic and excited if your prediction about Litecoin will happen! Thanks for recommending to @OriginalWorks, didn't know that servcie until now.
I just posted in another thread about LTC and convinced myself to buy more.
Charlie Lee is a force in my opinion. He is one of those guys who is at the table with guys like Jobs and Musk. He can take a vision and has the ability to bring it to fruition. Lee sees LTC as silver to BTC's gold...he sees it as the money used.
Looks at what he has or will have:
Segwit
Lightening
Vault
Atomic Swap
Smart Contracts
This puts LTC in a position that is hard to beat.
That sounds very interesting i'll dive into it, thanks for the hint!
Anytime....I might be one of Lee's biggest cheerleaders so keep that in mind. LOL
I will tell you that LTC is my largest holding following by BTC, then steem, then ETH.
I dont know if that helps any.
That's surprising for me. Currently i see LTC in the Top 5 of coinmarketcap.com and know that it's often used at exchanges as standard currency and that it has a established footprint in the market. But what i'd not figured out (the same for Dash) is what's the moat for them. I know the advantages of LTC in comparison to BTC in terms of 4times faster blocktime . But i'll look deeper into it because you made me curious.
My order of priority is Steem, BTC (indirectly in mining, TFL).. the two by far of my biggest positions and some minor RDD, XTZ holdings. Ethereum is always a temporarily necessary currency, maybe i build up in the future if Metropolis FUD is spreading but that's crystal ball talking.