Secrets Don't Make Friends in Cryptocurrency
The wild west of cryptocurrency has weak business plans rushing to claim buzz words like block chain and decentralization. Pump and dump groups get together to artificially increase the price of a coin by rushing buys in and then drop the coin off quickly. Whales, or big money people, have the ability to swing prices. Governments such as South Korea are giving confusing signals regarding government regulation. The biggest question of all, are governments willing to manipulate the press to effect the price of cryptocurrency so they can profit from it?
Even in light of all this, I am a cryptocurrency fan. The reason is that the technology will overcome all of the above in the long term. Large forces swinging the price from time to time just come along as part of the deal. In the end, the strongest business plans and technologies will succeed.
Below Are My Picks as of Jan 20th 2018
Ethereum
NEO
STEEM
I'm interested in hearing your opinions on the future. Please back up what you say with logic.
Logic is pretty simple on this.
Are you using Steem right now? Engaged in the community? Talking and sharing content with others...
There's all the proof you need. Steem is legit for the utility of it. Same with ETH. NEO I'm not too familiar with but everyone seems to love it.
If I cant use it, I don't invest in it right now.
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What our day to day activities are reveal the products we use. Excellent insight into product use and profitability.
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The future of crypto depends on the end user and intelligence of the crowd. As of now there to much power with centralized exchanges and bitcoin has too much market cap on only 1mb blocks. Just proves nothink driving the price up on these coins apart from hype and people not understaning the tech.. My top 3 picks would for 2018 would be Bcash EOS and steem. Do i want bcash to be in my top 3 no but sadly whales have to much power and the coin they want top will be top
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I was impressed by your reply upvoted it what stands out to you with EOS?
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dan larimer created it i think this guy truly understands the importance of blockchain and he really understands the importance to scale up with his dpos. Bitshares and Steem are probably the best performing blockchains. They just havent got the recognition they deserve . EOS has human-readable source code. so for tech dummys like me it a much better option if i wanted to create a smart contract
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I will keep my eyes on EOS thanks!
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Government as the power to shake the price of the cryptocurrency to make it low or up. In the end, they are they ones who will benefit. They know how to play cards, they have studied the name of the games.
https://steemit.com/nature/@corionersmex/underground-river-in-palawan-i-dont-want-to-come-back-anymore
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The total market cap per coinmarketcap.com is about 600 billion. In spite of government manipulation, where do you see that number at the end of the year?
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