Crypto Currencies Skyrocket & Crash Repeatedly, What Is Happening Now?

in cryptocurrency •  8 years ago 

Check out "Crypto Currencies Skyrocket & Crash Repeatedly, What Is Happening Now" video by Crypto Spark:

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Love the graphic! Good info too and your stage presence is fantastic! Perfect. Up voted.

#payitforward

Good point about the bitcoin split and the psychology around it. I believe that the people drawing comparisons between the ETH/ETC split, and a potential split in Bitcoin, are mistaken.

When Ethereum split, ETH was an altcoin, and not the bedrock of the entire cryptocurrency economy. Big, big difference right there.

Secondly, the reason bitcoin has gathered so much steam over the last few years is because many investors perceive it as an alternative to gold - a safe store of value outside the legacy financial system.

And also because of scarcity (21 million limit).

In the case of a permanent split, where you have two competing chains, the store of value and scarcity value propositions go flying out the window! In fact, the entire idea of a decentralized, immutable digital currency is put into question.

Are we going to have 5 different Bitcoins a few years from now every time there is some kind of disagreement about the blocksize, or any other parameter of the network?

Wow! Excellent post brother thank you for the information! And vote, please if you vote for my comment, I would really appreciate it :)

Do not give him money for this copy paste people

Im comfortable suggesting by sept the roller coaster will end.

very helpful video sir.. Thank you very much for sharing. . Keep it up..

Thanks for giving us this useful information. Keep up the good work!

Interesting video. Thanks for sharing. I am actually asking myself how this segwit2 thing will end. Hopefully not in a massacre...

@crypto-p upvoted and followed. Thanks for the short but informative video. Like I say, owning crypto is not for the faint of heart. Don't you think having a big macro picture helps maintain perspective with the ups and downs??? Take care!

thank for the post! this is just part of how this system works i cant wait for these to sky rocket!!!!!!!!!

Interesting information. We need to keep reminding everyone to quit worrying about the price of Crypto and keep printing money like . . .