Bitcoin is ready to make a big move. Up? Down?
Who knows. This is how I see it. The shakedown to $6000 probably scared a lot of the people who jumped into Bitcoin because of the hype. A lot of people lost a lot of money on Bitcoin, and they are now saying Bitcoin and cryptos are bullshit. At $6000 and higher though, a lot of smart money (remember the person(s) who bought for $400 million USD a week ago?) bought in.
T
Useful stuff. I hear bitUSD os a better alternative to USDT. Correct me if I'm wrong but you have to be on BTS to use bitUSD and the DEX has low volume. So I'm waiting a little bit to get in.
I'm a big fan of NEM and SONM btw.
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Thanks for letting me know about SONM!
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Glad to spread the good word. SONM is going to get a massive amount of GPU power when ETH goes POS and SONM is already ahead of Golem and RLC when it comes to tech while being cheaper.
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Any idea when ETH goes POS? I've heard both negative and positive about it..I took a little bit ETH off the table and into Bitcoin (good move!) just to possibly hedge myself and not sit on a too large position in ETH.. On the other hand...ETH has proven intself. SO many projects are ERC20...
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There is really no set date. There is a mining difficulty bomb that is set to make ETH mining unprofitable by increasing the difficulty. It is to be triggered (If I remember correctly) Q2 2019.
As for now I have seen this from the GitHub: https://github.com/ethereum/wiki/wiki/Proof-of-Stake-FAQ
and this other article: https://www.coindesk.com/ethereums-big-switch-the-new-roadmap-to-proof-of-stake
R&D must be pretty difficult. These guys are changing the wheels of a moving car.
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Thanks!
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This will help people a lot.Nice calculation with in depth analysis.You are showing some serious skill of reading market trend.If any one read your post on crypto then he can take a move and i think he will be benefited.Thanks for such informative post.Hope there will be no big disaster now.@upvoted and resteemed
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Thanks for resteem and kind words!
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You are most well come,i always try to follow your post @scandinavianlife.And thank's Aa lot for reply my comment.
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It's clever to resteem my posts. The more followers you have, and the earlier you resteem, the more I'll upvote you ;)
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Good to see tether does have sufficient backing...i took alot of funds out of bitfinex over the concern...australia has been pretty adoptive over the whole blockchain industry...its good to see
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I did remove the little I had on Bitfinex as well. It's hard to tell what the outcome will be. So, better safe than sorry.
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This is the informative about cryptocurrencies specially bitcoin . At present time popularity of bitcoin is growing u and spreading to the world. As a crypto user we should know update information about it . In this regard your post is very help for us. Thank you for sharing this post with us.
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Thanks :)
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welcome.
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You got a 17.13% upvote from @ipromote courtesy of @scandinavianlife!
If you believe this post is spam or abuse, please report it to our Discord #abuse channel.
If you want to support our Curation Digest or our Spam & Abuse prevention efforts, please vote @themarkymark as witness.
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I consider it an interesting publication for the knowledge of the digital currency, thank you for sharing this publication of information
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You got a 53.17% upvote from @allaz courtesy of @scandinavianlife!
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You got a 76.09% upvote from @mercurybot courtesy of @scandinavianlife!
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This post has received a 3.00 % upvote from @booster thanks to: @scandinavianlife.
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Nice info. Very useful.
hahaha. A very good statement, couldn't agree more. :thumbsup: :D
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hello mr. @jakboy
The steemit environment is damaged due to spam. It's a big wrong. I refrain from these, advise you to stop others.
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