Is this sustainable?
Bitcoin started a rally from buyers 3 days ago so they can get the free money, no news here, this is what traders do. Bcc today had a great run and it seemed that it had no seeling, for a bit.
So the sells began and they are ongoing as we speak. My personal opinion is both will tank till they both worth as much as bitcoin was worth before the fork, and you know why. Because that is how much is acceptable from their support l, people still believe you can generate values out of thin air and create money out of nothing. The truth is bitcoin blockchain yesterday lost its integrity and become a liability. The markets never forget or forgive in my eyes bitcoin is now a no go for a couple of weeks. I can't see how it can remove the bcc anchor of its chain.
Thanks for the free money though it was a fun ride but it's time to get serious. I am not playing with my money. And this game makes me sick.
The question now at least for me is who will be the next king.
What do you think?
Leave a comment below.
Best regards
BCH was alwAys going to tank once coins started hitting exchanges. I believe trading to date is just with coins created on exchanges. Prices for BCH went up initially but have tanked over the past hour and I do t think any cold wallet coins have hit exchanges yet.
I completely agree that this has just detracted value from BTC as it's now lost a lot of confidence and this will hold back mass adoption. Why should you buy into any coin when tomorrow it could just fork!?
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Well, ETH will host EOS?
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I don't know if that's even possible. Sorry mate.
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EOS is something different they have their own protocol, arguably better than Ethereum. With no gas limit graphene network etc.
Some say that you could even make Capser (Ethereum last stage) a EOS contract.
Still difficult to know since many self made protocols are on the way (Tezos Aeternity, etc)
But these projects are on the very early stages and certainly Ethereum has gained a lot of traction hostig most ICO´s.
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Here I crown Ethereum the new KING of the planet Crypto.
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Personally I think everything will tank starting today.
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I think it will go down, but not to worthless. It will find its users eventually. I have only 0.02 so its no big stress for me. :D
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Every person has his opinion... Your experience and the knowledge will help you figure who is the next king! The sure thing is that the throne is made to be sited from different kings, If we look at the history, to become someone the new king means that the old one is dead. BTC isn't close to dying so we can't do any forecast. Maybe a good research will drive us to ETH but still, it is so early to talk about new kings.
EDIT: that was a reply to the post and not an answer on your coment! i did it by mistake.
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it's fun to get free BCC lol :)
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Interesting post about Bitcoin Thanks for posting.
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