Really? I have been using swift token for a while and I love their market place, I think it is really useful.
Great post, have followed you. What do you think of the current state of the cryptocurrency market?
You are viewing a single comment's thread from:
It's really great to see SwiftDemand growing and tailoring their service to fit a specific need.
Oof, cryptos right now... I don't think anyone anticipated they'd be down for this long, however it's probably a sign that we're nearing the last days of the wild west of cryptocurrencies. Many countries are now introducing legislation and regulation to tackle the growing digital currencies, and this will alter how the markets behave. I think it'll mean the end of these crazy boom and bust scenarios that we've been seeing.
Bitcoin could be about to lose it's importance as well, as the reason why all cryptocurrencies are down right now is because they are intrinsically linked to the price of Bitcoin. We've seen a nice rise from Steem and SBD over the past few days, which is a relief, but many of the first gen cryptos could be on their way out.
Another sign that the bubble might be about to pop is that the sheer number of ICOs is at fever pitch, with so many scams popping up too which will only cause investors to demand regulation faster. Just because the bubble will pop, doesn't mean there isn't lots of money to be made if you back the right projects. So, think about the DotCom bubble and how so many lost their money investing without realising what they're investing in, but for a lucky few who backed Microsoft, Apple, Google and Amazon, they made a killing.