It is bad bad for crypto market. They are starting fight in illegal way. This could total bluff or really want to hop in a fight with them.
There is another possibility, they are using rumors to upset the market. In business world, lots of the company do this. This is another way to market your item and keep the attraction of potential investors.
You are viewing a single comment's thread from:
Terrible for everyone involved yes, but Its not as far fetched as it may seem.
I was about to say that.It's terrible to the people who wont be aware what is going to happen.Those who will be aware can take advantage of all of that stuff and make some profit.I personally have some money in ETH but am I gonna be sad if this kind of stuff would happen?Not at all.I would do everything I can just to get more money.When it comes to projects I support with my heart like Steemit Im in it not for the money.Everything I will earn here will be reinvested into platform and community,but if we are talking about stuff that I invest my money in then I do not care about anything else but possible profits just like other investors.I do not wish that ETH will "get destroyed" but there are plenty other interesting projects out there so this scenario propably wouldn't be that bad for the market.That's just what I personally think,correct me if Im wrong.I will gladly discuss as far as my competentes will let me to 🌚
I agree that their are many more interesting platforms, but eth has major first movers advantage. If you really look at it WANchain has so much more to offer is ridiculous that it isnt higher up in the standing.
As for the ramifications of Eth losing its footing. Many tokens are pegged to it so you will very well see a cascading affect.
You are right.The fact that there are a lot of tokens pegged to ETH is another factor why everything on the market would change more than I thought.But at the end of the day if we would stay aware there still would be possibility to make some profit on it.I wonder what possibly would happen with EOS in the long term if this scenario did happen🤔
we as a cryoto trader, we hope you are right. It is not far as it seem.
One fall of a crypto, will effect all of the market, may even for a little.