You are viewing a single comment's thread from:

RE: My 3 Favorite Charts

in #bitshares7 years ago (edited)

BTC is considered the main cryptocurrency. It is the one with the highest capitalization.
But Fundamentally there exists no basis for price discovery so other than pure speculation I can’t see it being a viable store of wealth by any measure.

And with central banks such as China now openly researching and testing block-chain as a solution for digitization of their currency, the way I see is that third party or independent currencies such as Bitcoin will continue to struggle to gain true dominance globally as a store of wealth in the long run.
Steem on the other hand would make a better investment than any other as of now in my opinion as it is backed by this decentralized platform.