RE: BTC = AOL Of cryptocurrency---- maybe?

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BTC = AOL Of cryptocurrency---- maybe?

in cryptocurrency •  7 years ago  (edited)

When you state that Bitcoin can be the AOL of the crypto space, you hit the nail on the head. I believe bitcoin still has plenty of upside. With that said, I will not buy it. I think long-term. For the very reasons you mentioned I have put some money into other cryptocurrency projects like Ripple XRP, OmiseGo OMG, STEEM, and BAT which is almost finished developing the plat for that is tethered to the revolutionary Brave browser, I also own Etherum ETH. There are many ways to play and invested in this nascent sector and I for one have taken the long route.

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I love that term crypto space. :-)
I believe BTC still has alot of money to be made as a speculator. As the old industries start to throw money at mining and investing in BTC it will drive the price up. But I fear currency will not last but shift into other cryptos.

I also have some ripple but I feel the centralized mining of the crypto is against the philosophy of cryptocurrency. I can't mine XRP.. it is distributed by a bank like company... it is a hybrid of the old currency and the new.. and too much of the old style for my liking.

And steem has a great platform and there fore value beyond speculation. I also love the 3 types of currency steem has... brilliant.

I will look into the others you mentioned. Thanks for the input/information.