There really is no reason to own and use BTC anymore. I do not see it recovering and is very likely to get to $6K.
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There really is no reason to own and use BTC anymore. I do not see it recovering and is very likely to get to $6K.
Man, I really hope that's wrong, but BTC is getting cumbersome to use. I would welcome a Steem to fiat gateway (I don't think there is one yet).
Steem could compete with Stellar on speed, cost, and tx volume for sure. Stellar has that huge inroad with a big payment processor already though...
Re- analyzed the projection this morning and no change.
https://steemit.com/bitcoin/@bycoleman/daily-crypto-1-30-18-no-good-news-for-the-btc-usd-chart-bitcoin-headed-to-usd6-000
Perhaps blocktrades can rise to the occasion. Both steem and stellar have huge benefits over BTC especially transaction speed and cost. I think steem bandwidth may eventually get consumed processing the platform alone, so stellar may be a better choice for payment processor.s
Man, it's too bad you were so right! lol
We'll look it at this way, we have a pretty good idea that the crypto space follows standard charting techniques and if that is the case they will be exploding upward as soon as this retrace has completed.
I'll be buy altcoins here shortly. Follow me and I'll try to keep people updated.
Hang in there!