RE: ETHEREUM AND BITCOIN DEBIT CARDS: Make everyday purchases with BTC/ETH!

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ETHEREUM AND BITCOIN DEBIT CARDS: Make everyday purchases with BTC/ETH!

in bitcoin •  7 years ago 

I have to agree with you on that one, It's exactly what I was talking about in my last post. The thing is because crypto is unregulated it's the people who are just learning are the ones that will be most affected.

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I just checked out your last post and I agree with you too. I see the bubble we have as well. There are 45 cryptocurrencies that are worth more than $100,000,000. The Market is entirely speculation, the fact that this resembles the .com bubble is making this problem compound. What I mean is that this money is flooding the market in all the wrong places, MOST of these cryptos will fail and the market will consolidate afterwards with the companies that were the Googles and eBays of the .com crash being the only ones to survive. But that doesn't mean we can all make money! But it will be much harder with people trying to mislead the community. I love steemit because its so motivating not to be rude that I have had a hard time calling people out on it, but if the community would support a truth movement that could really help everyone out.

Yes I'm definitely supporting that truth movement. I just think we are storing up problems with these company driven ICOs in essence they are acting as their own central bank issuing coin on demand