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RE: When Price Passes Practicality
Absolutely agree. I have been considering whether it would be worth doing 2 things. 1st is to actually list the use-cases or niches that crypto can fill and then 2nd classify each crypto in the top 100 to see which crypto does it best.
I think a lot of "investors" in crypto are getting the cart before the horse.
A lot of cryptos have good use cases and ideas, but the dissemination and execution is abysmal. Like BAT, advertising tokens is a good idea, has a use, but is there any market penetration? How is the execution of the platform? This is where many good ideas fail.
It was an amazing year and all your predictions have been achieved.
Shall we stay invested or do you see new targets for them.
It will be great if you can Share your view and coins for 2018 so that we all can benefit :)
NAV Coin: 12x+ Was at .60$ now its 4.2$ (80% Reached)
EOS: 18x+ ($10 target) -- Achieved
Bitcoin: 2.7x ($9,900+ target) -- Achieved
Ethereum: 2x to 3x ($600 to $900) -- Achieved
DASH: 2x+ ($800+ target) -- Achieved
You are awesome and very thoughtful in your coin selection. God bless you.
bat is great, i own some. The need better marketing, a famous celebrity advertising the system. Like Edward Snowden does on behalf of zcash on twitter.
and why do you like monero so much. I think zcoin has better tech...
Do you have ny new targets on NAV n EOS, or some new coin/ico you recommend?
Hey Bugged,
Curious if you had jumped back in after the recent dip? I remember reading your post of how you had exited crypto not long before the market correction earlier this week.
No, though I have been very tempted. I'm just not convinced the selling is done and I'm hoping some of the ponzis bust during the downturn so we can really clean the slate for a longer bull run. Wishful thinking maybe ;)
I don't think even the worst Ponzis will affect the overall market (Bitconnect flirting with $2B cap). Biggest risk entering 2018 may be BTC failing to address the scaling and fee issue before users decide to crown a new blockchain. I really think this could happen unanimously over time..
Good luck. Read your post on potential shift from PoW/DPoS, good stuff.
Thanks. Financially the collapse of ponzis like BitConnect might not dent the market much, but it will affect sentiment. There is a whole breed of speculators who are buying madly in this mania and they need to realise that diligence is required.
When the market wises up it'll see the true gems in the crypto space and maybe throw off the dinosaur BTC and it's ongoing scaling drama.
Well, that's my fantasy anyway :)