Transaction Pending, 0 Confirmations

in transaction •  7 years ago 

This is an interesting period in time for they crypto world. The potential upgrade and fork of BitCoin provides a unique platform for all kinds of pandemonium. Exchanges scramble to figure out how to keep users on board, users scramble to find out how to keep coins and tokens from being locked up, miners argue over consensus and solutions. All of the drama which this circumstance generates creates even greater opportunity for a finite few. By sewing discord into the marketplace by means of poor service, down time, withholding emerging coins and holding transactions hostage in pending status for days are the instruments of market manipulation. Furthermore, these circumstances scream for increased scrutiny and regulatory oversight. Who could possibly want that? As we enter into a new week after hearing about yet another Wells Fargo cross selling scam, a $110m fine levied against BTC-e, and Frank Sinatra's widow passing I can only hope to remain aloof. I hope to remain aware of the core principles which make the idea of crypto currency and tokenized assets exciting and world changing. Despite any collusion and market rigging which may occur, despite which exchanges agree to look out for your best interest and theirs or just their own, the sun will continue to shine and the world will continue to turn. I wish you all the best this week.

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