RE: The Fate and Future of Bitcoin: The Bankster’s Battle for Control

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The Fate and Future of Bitcoin: The Bankster’s Battle for Control

in dtube •  7 years ago  (edited)

bitcoin is a rich man's game now and useless as a everyday currency.
LTC seems to have a very good development team, faster conformation times and lower market value, but you should always hedge a little bit of everything is the recipe too success ;)

dtube
7 years ago by

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    • [-]
      ·  7 years ago 

    If you want to invest and learn Crypto's?
    @haejin and/ or https://www.cryptosclass.com/

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      ·  7 years ago 

    Only listen to your own advice and understand the fundamentals, And act on news! Steemit is a great community as we get first hand news use it!

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      [-]
        ·  7 years ago 

      Not listening to other experienced traders is irresposible.

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      [-]
        ·  7 years ago 

      Hedging with Silver ounces is the smartest thing to do.
      $50 Silver by June, $150 by year end.

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        ·  7 years ago (edited)

      Silver is too manipulated and in the UK we have to pay 20% V.A.T and capital gains so it's really not worth it for me.

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        [-]
          ·  7 years ago 

        Hi Tony,
        Silver will bust out this year! Futures markets are just about done brother.
        paying a 20% V.A.T is nothing to where Silver will be by year end.

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        [-]
          ·  7 years ago 

        Why you keep saying $50 by June ?!

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          [-]
            ·  7 years ago 

          Because the PM's are going to break out of Manipulated Futures market.

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          [-]
            ·  7 years ago 

          Yes...it's very smart to buy up silver right now while it's on sale :-))

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            [-]
              ·  7 years ago 

            Yes indeed!

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            [-]
              ·  7 years ago 

            and wait till it turn into Gold. :)

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              [-]
                ·  7 years ago 

              LTC has essentially the same technological foundation as BTC and, as it stands, is just faster and cheaper. I think people overestimate the value gained from being first to market. Now, LTC's improved speeds are not sufficient to huge scale, but that just means they face the same issue as bitcoin, only further down the road. I have more trust in the LTC team than the BTC team. BTC seems to be more interested in staying "original flavor", than adopting to improvements in tech.

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              4 votes
              [-]
                ·  7 years ago 

              In some ways, I think there are disadvantages to being the first in the market in the tech industry. I think coins like LTC have capitalized on inefficiencies that are seen in BTC. LTC seems to be innovative and adaptive, which I think will be key to it's survival and growth as a utilized currency

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                [-]
                  ·  7 years ago 

                Good post and you mentioned a nice way of approach .......

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