RE: A Review of a Few Fundamental Metrices that Drive Bitcoin Value and What They Currently Indicate

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A Review of a Few Fundamental Metrices that Drive Bitcoin Value and What They Currently Indicate

in bitcoin •  7 years ago 

Interesting times indeed. I have no fear that blockchain will go on. It will thrive. I too have no problem with the ICO's or forks in general. I have a big problem with Bitcoin forks. To the mainstream Bitcoin IS crypto. We need the mainstream to have confidence in Bitcoin. It is "supposed" to be the rock of crypto. The "safe bet". The coin they can only make 21 million of.

There is no patent on blockchain per se. So what really gives Bitcoin value is the belief in it. It has great value because we believe it does. Those outside the crypto world need to see that confidence and conviction of those inside it.

The civil war in Bitcoin leads to skepticism not just about Bitcoin but crypto currencies in general.

The one thing we need ASAP is for there to be exchanges where you can buy many alt coins with fiat. I hope Bittrex will replace Tether with USD and make it available for all trading pairs. The sooner Alts can operate independently of BTC the better.

Good chatting with you.

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Yup, I see your point. Great chat indeed, following you now :-)

Same. It's been quite informative following this thread.