Is Cryptocurrency Even Relevant Anymore?

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velourex (53) · 8 years ago

Its always nice when you can buy real world physical object with your bitcoin. I love buying something with bitcoin and holding it. It may seem a little disheartening to watch the currencies go down but I am in it for the long haul and I believe in it.

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2 votes

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crypt0 (75) · 8 years ago

Yeah, mate, it's very cool indeed watching something "digital" buy something "physical", which is further proof of it's utility to those unaware to crypto.

Thanks for the comment and watching! Crypto , of some sort, is definitely the future.

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ericbotticelli (34) · 8 years ago (edited)

I also love getting 25% off through purse.io : )

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steemitqa (64) · 8 years ago

Good video!

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1 vote

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crypt0 (75) · 8 years ago

Thanks!

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moonjelly (54) · 8 years ago (edited)

Synereo made my head hurt, I'm sure women and non-crypto users will be flocking to that, lol...1000 active users tops!

The cheesy stock photos on its site didn't help either. Nice crypto news roundup man, I always follow your videos!

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1 vote

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crypt0 (75) · 8 years ago

Hahaha, interesting- Ill be doing more research on the Synereo thing, and whether it's worth the long haul, or quick dismissal. Cheers bro!

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moonjelly (54) · 8 years ago (edited)

Hehe, yeah my fundamental analyses are a little weird to say the least ;)

I think you should take a look at LBRY, I was following the dump and got it at the bottom (for now) at 16k. It could still go lower (I hope, there's still heavy mining going on for two more weeks) but seems to have recovered already. The team have plenty of connections in the industry (producing indie movies, music, etc). You always talk about artists not having a place so lbry seems perfect if it works out. I can see an indie band or a well known stand up comedian launching their entire show there soon and it could explode. Games, documentaries, whatever. Remember Radiohead used BitTorrent to release an album. Of course I'm not naive, that won't happen anytime soon but just a small indie band with a following can make a lot of noise.

It has the "cool kid" factor written all over it.

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brianphobos (70) · 8 years ago

Cool video and putting your thoughts out there. I don't know anything about Synereo at this point but I'm going to keep my eyes out for when it does some out because I will mostly post on those other platforms as well but personally I feel it is going to be hard to catch up with Steemit for these other platforms. 6 months is an eternity in Crypto and even if they have a 3 or 4 month delay behind Steemit it will be hard to catch it. There seem to be improvements to Steemit every few days. Even if the price of STEEM drops a lot further I think people will take the opportunity to become more powerful causing a rebound in the pricing. People may fall away and not post as much but for guys like us if we keep going and don't quit then when everything surges again we could really have a lot more equity.

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1 vote

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crypt0 (75) · 8 years ago

I surely hope you're right in a way, about that first-mover advantage. If Steemit is willing to adapt quick enough to any opposition, in features, that Synereo may provide, then it may always have the significant lead. There are so many users on here- and Steemit pays you just for joining. It'll be interesting to see if Synereo creates any sort of similar incentive to draw users.

Thanks for the comment, as always, brianphobos!

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