Altcoins will die! - Arguing with Crypto Daily

nicholaslive (66) in threespeak • 5 years ago (edited)

This is a casual recording of a discussion with my favorite content creator and a friend, @crypto-daily https://3speak.online/user/crypto-daily

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5 years ago by nicholaslive (66)

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brianoflondon (71) · 5 years ago

I'm a complete newbie to this... but what @crypto-daily says about this wave being institutional led makes a lot of sense.

When Facebook banned Crypto advertising in Jan 2018 they declared the entire industry off limits. Now that Facebook has both relaxed its ban on advertising crypto (but still keeping its ban on ICOs) they've koshered the entire market.

To join up with our class action just send an encrypted memo to @jpbliberty saying "Join Class Action” and providing contact details and mentioning @brianoflondon

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13 votes

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kingscrown (81) · 5 years ago

EXCL made in 2014 hella pumped so.. NOPE

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3 votes

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justinlooney (43) · 5 years ago

But BTC is pumping.... I need to catch this pump up into the halving, and park into a stable coin, and then catch the alt pump, right after the BTC pump, right? I think most will probably mistime this and end up on the wrong side of the pump. A day late in a satoshi short. A whales manipulation is to see to it that they get your coins for cheap, and someone buys them back for a premium. They shake out the BTC weak hands. They shake out the alt weak hands. Why did the alts pump before. Some whale caused some FOMO. First comes the FUD its a shitcoin. Tron is copy cat shit. EOS is a scam. Then comes the FOMO. Litecoin just partnered with Amazon. Lambo moon baby. The FUD and FOMO are real.

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2 votes

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nonsowrites (70) · 5 years ago

This is very insightful. I know little about the market, I'm just a blogger. But I actually agree with what you're saying. Alts will at some point go up. It's a cycle. I am keeping my fingers crossed.

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1 vote

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leaky20 (65) · 5 years ago

I like the casual discussion. That was really interesting. Personally I hope we do start seeing more institutional investors. I think it's the only way that we would pull in more of the average person into crypto. The vibe I get when speaking to friends and family members is that they still dont get it when it comes to cryptocurrencies. They dont get the point of it or how it all works and they certainly do not trust it. All fair points really.

Sometimes I wonder though if these cycles of massive bull runs come from heavy duty miners who have the ability to stock up on coins for a year or so building a big wallet. Then they can really start manipulating the price with their buy and sell orders. I'm not an expert on financial markets so I dont know if that makes sense or not

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1 vote

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oppongk (75) · 5 years ago

Hahahaa.....!, that is really interesting, then bitcoin will run faster than ever, per your analysis. By the way I love all your video and explanation on 3speak. Thank you Buddy!

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1 vote

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markkujantunen (74) · 5 years ago

"Altoins will die". Trolololoooo :)

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1 vote

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runicar (72) · 5 years ago

While altcoins might be bleeding right now it's to be expected as investors are trying to catch the btc hype train. ALTs will recoup losses and shoot up to the moon just like they did in the last bull run.

#patienceiskey #keepyourfeelingsincheck

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1 vote

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sanees (54) · 5 years ago

Except for Bitcoin, Ethereum, Ripple and stable coins, most others will die out..
May be few out there that serves some kind of purpose but there is no room for more than 15 to 20 crypto in total....

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1 vote

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josediccus (75) · 5 years ago

Your topic is quite paradoxical and I think the panic around the rise of Bitcoin and the incessant bleeding on the altcoin is well having a massive effect on people as most people are now regretful of even investing or holdling steem or EOS and a few others, however if the market will recover for the altcoins, it's definitely yet to be seen because the altcoin are dropping with btc currently and they didn't rise when it was on the rise, this is definitely something to worry about, but I do hope the altcoin will have their time

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2 votes

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kretorkk (56) · 5 years ago

Love it Cam, keep up the good work! Glad to have you back on steem so I can finally put my stake to good use

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3 votes

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oracle-tasks (38) · 5 years ago

Video content creator found a new home on @threespeak. Decentralized government like was built on this blockchain is a necessity on this days

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sucona (46) · 5 years ago

Hello buddy, thanks for bringing this amazing video, I really loved your analysis on Bitcoin, gold and silver market capitalisation really, that was the thrilling aspect of the video and I love your strong stances on Bitcoin

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bdraj (3) · 5 years ago

have a great day on threespeak . your video is really important to us . its honour to me to amazing your video . keep it up .

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arcange (73) · 5 years ago (edited)

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likwid (70) · 5 years ago

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