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RE: Ripple Now Red For 2018 As Crypto-World Rotates Into Ethereum

in #cryptocurrency • 7 years ago

I am so happy ripple is tanking. I thought we were moving towards the the "Bankers won again" world. I would sell some bitcoin to buy ethereum and EOS if the transaction fees would come down a bit. Maybe its for the best that I am "locked in" forced HODL ; )

7 years ago in #cryptocurrency by
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     7 years ago 

    I am mystified that you consider BTC fees being so high you cannot sell to be beneficial.

    0_o

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     7 years ago 

    My problem is that the very high transaction fees make my small withdrawals very very costly. I cant take out $100 when the transaction fees are $50. I wouldn't be as bad if I was doing large transactions

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     7 years ago 

    And this does not obviate the utility of the currency for you? I find that more mystifying yet!

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     7 years ago 

    I don't see it as an investment in a currency. I see it as a speculation on human behavior.
    Here's my logic

    1. Humans like to gamble,
    2. We act like a herd
    3. Bitcoin has the best advertising at the moment
    4. It's has the most developers so could become something much better than others is.

    So for those reasons I keep some "skin in the game" it isn't my biggest crypto holding Steem is. What's your favorite crypto?

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     7 years ago 

    Steem is the only crypto I have any of.

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