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RE: Forks 🍴 In Crypto

in #steemit7 years ago (edited)

Whats up man? interesting post you got in here. With a soft fork on Bitcoin you will not keep a second coin. They will battle it out and one the loser one will merge with the winner. Doing transaction during this time is not recommended since no one know which coin is going to win the battle (Please correct me if am wrong. Site your source). In regards to Ethereum I don't really like it even thought is being perpetuated as the future of Blockchain. I heard from multiple analysts around the community that Ethereum Classic is way better than Ethereum. I started buying Ethereum when it was at $11 and made some profit but as soon as JPMorgan, INTEL, Microsoft and others giants started jumping on it I knew something out of the ordinary was going to happen and stopped buying it


Image Sorce: Coindesk

This corporations have a lot of "play money" and don't care if a person like you sell their house or cashed all their life savings into "A" hype. They are in for the profit, nothing more. I am positive, once the faith on Ethereum dies due to so many scam artist going after it with the insane initial coin offerings craze it will die off with millions lost and people broke or homeless losing faith on the Cryptospace. I'm aware giant companies or Banks could pick another Crypto or Blockchain start up to continue their malevolent chess game. Only the strong minded and morally correct will know what to do to secure they future for themselves, families and children . ETH is way over hyped... Stratis, Ubiq or Ethereum Classic will take over in my opinion and it should. Anything with Banks involves disgust me (Ripple)... The thought of Bail out Banks makes me sick, Millions of Dollar wasted, money they didn't earn, interest rates that don't make sense, money laundry machines since their existence (Well Fargo). This might prevent many from making an extra buck but it will likely save middle class citizens from wasting years of hard earn money. Have a good one and earn that money well.

Sincerely,

J.J.

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I enjoyed reading your response. It could really go either way. Look at the school debt bubble. The housing bubble. Whether or not the cryptospace is in one now is anybodies guess. But I believe the bubble will be created and one of the techs will be proven an asset. I hold ETH and its going great so far. Thankyou again for responding

Best Regards,

G.G

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