What Triggered The Cryptocurrency Bloodbath? - Crypto Lark Interview
SUMMARY:
Crypto Lark joins us to discuss the latest news and updates in the cryptocurrency space! We look at the positive effects on the markets after the SEC/CFTC hearing and also what cryptocurrencies are looking like excellent buy opportunities for 2018.
TOPICS IN THIS INTERVIEW:
01:00 Outcome of the SEC/CFTC cryptocurrency hearing
02:20 What triggered the cryptocurrency market downtrend?
04:00 The overwhelming potential of EOS
05:50 Nano’s recent rebrand from raiblocks
09:15 Is Blockchain technology part of the tech sector?
10:00 Price potential of Bitcoin in the next twelve months
10:50 The investment strategy of the cryptocurrency community
12:40 Where will cryptocurrencies be in the next ten years
Released on WealthResearchGroup.com 2018-03-13
Cryptocurrencies are digital assets. Wealth Research Group has planted the flag with BTC at $400, then ETH at $12, Monero at $19 and LTC at $20. In the past few months we've been covering blockchain-focused companies. Our #1 ETH and BTC Miner, HIVE Blockchain Technologies, is the best in the world for mining! Visit WealthResearchGruop.com/Must to learn More
Top 5 Altcoins for 2018: WealthResearchGroup.com/Top1
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It has been a pretty rough ride. Great video. I agree it is the continuation of the status quo in the US, but people are pretty nervous all the same. We need a run of good news. This sort of news from the SEC is too hard for the average person to understand. They better understand simply seeing the market down, Facebook and Google forbidding ads, G20 wanting to regulate worldwide, plus all sorts of misinformation like he explains. We need this mass media level of simple good news like, "US govt. says crypto is here to stay and good for the economy." Or "US govt defends crypto before the G20 and won't participate in global regulation." Those are things I think the average person can really grasp.
The issue is more than just cryptocurrency. It's also an issue with STEEM. The last two months have been absolutely disastrous for STEEM and it coincided with the news that FB was exploring entering the blockchain for social media. Before that STEEM enjoyed a period of out-performance in January and early February.
I have raised about the specific issues with STEEM in every of my post and to no avail. Meanwhile, the whales keep on reaping all the STEEMs issued daily while not realizing they live and die by enriching the entire ecosystem. They are welcomed to continue to publish their TRAVEL WITH ME @sweetssj or WHICH COIN IS GOING TO GO UP NEXT @haejin.
Yes, and also the specific STEEM issue with Poloniex wallets for STEEM in maintenance over a month now. That's why it keeps leading the price down. If you look at coinmarketcap markets tab you'll see the price on Poloniex for STEEM is always .10-.20 lower than on any other exchange. Then a few hours later the other exchanges follow that price lower. There is no necessary bottom if Poloniex doesn't fix its STEEM wallets, because everyone is looking for the greater fool right now. Everyone holding STEEM on there eventually realizes they can't withdraw it, so tries to sell it for whatever of their initial investment they can recoup. Where does that end?
hopefully it ends soon!