Price fall in cryptocurrencies.. What we need to know?

in cryptocurrency •  7 years ago  (edited)

Hello everyone
As today is a harsh day for cryptocurrency exchange and at the same time long awaited day for small buyers like me to invest in cryptos. However, a lot of discussion is going on based on the maths that its a volatile currency and bubble and is being compared with 'Tulip' case. What we need to know in my personal opinion about it is:

  1. Government agencies and big whales like banks and diplomats would try their best to crush this crypto system because it rather feeds common people than them.
  2. There would always be a hype and media being influenced by these people would always try to inject a fear in the people so that we may stop using cryptos.
  3. Now the thing is, with a small pack of regulations, these problems can be solved and isnt crypto more democratic, freedom of choice, strong participation by common people and a way to solve our daily life problems with enhanced apps and ease of connections?
  4. Whenever there is a problem in technology, we look forward to solve it instead of bashing it down.
  5. So, lets keep the connection with the new trend of currencies and soon it would be a common man driven platform of true one global world.

A nice read, from a random blog in the recent past:
https://www.theguardian.com/technology/news-blog/2017/oct/09/bitcoin-price-bubble-government-cryptocurrency

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