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RE: Let's take a look at bitcoin for a bit

in #bitcoin7 years ago

Thank you for posting @acidyo.

Appreciate this well-written article......without going into the weeds. Lots of rabbit holes. From a market perspective.....Bitcoin is where people are putting their money......and it seems BTC does not mind being cumbersome and letting letting other coins have market share who are more nimble. Why....do not know yet it seems they are setting themselves up for large purchases only.

Yes...we should question bitcoins in general. A criteria for ones own crypto portfolio seems to be a good idea........the trouble is that the coins making strides in the market are not necessarily the ones of value..

Ether is the one that is the most troublesome as it has JP Morgan and others of that sort in the creation of it. It that not a red herring?

There will be winner and losers in the crypto world......now to find a criteria for the ones to go with.

All the best. Cheers.

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what is that about ether, I've heard only of ripple being a shill coin :D

Greetings @j3dy.

An article over at CoinTelegraph.com titled Top Ten Alt-Coins...... included some information regarding Ether.....hope this helps.

https://cointelegraph.com/news/top-10-altcoins-all-you-wanted-to-know-about-bitcoins-contenders

Having read it and everything one can find regarding its operations.....nothing seems out of the ordinary and certainly every analysis has it going up and up with new things in the works and such......it is just something to bear in mind.....Dan at the Consensus made the remark that Etherum did not have the capability BTS has. (paraphrased)

As for Ripple....it should and has done well......however because of its relationship to the banking industry.....it is adviseable to get out when the banks start to go wobbly. Watch Italy and Germany.....wobbles already.

All the best to you. Cheers.

Thank you! well I'm a bit stumped on all the information, I'm sure ETH has it's fans, so far I've only watched one video on some conference it was great and the community there seemed really tech and smart, but that came off the speaker and it's too little to guess for the entire ecosystem.

Thank you for sharing I have to check it out. If I get the chance I will

I'm sure I've heard of at least half of the coins already, but it's better to learn on those that don't make such news, BTS being one, I'm just brushing past them as a community but they seem really stable and dedicated. I was very surprised when I found out that stan is dan's father :D funny times and they have great members "subscribed" there like @onceuponatime

I've already heard of the marketing talks for BTS/Graphene/Steem so I know what everybody knows, transactions, transactions and a great foundation capable of wonders :)

As for Ripple and banks, I'm wwaaaayyy too far away from that, I do wish banks were doods and helped out, but I'm sure that i they have to close offices they'd do everything to disrupt their disruptees. Still it's the stupidest thing to punish your smartest and most forward thinking citizens. Since most of crypto people are looking into innovations and improvements, even if it's mostly in the tech field, they are the "top of the top" since we are so "decentalized" we get to know a lot and communicate much :)