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6 years ago in #crypto by rok-sivante (77)
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Now this is a detailed post and this below reminded me of Jim Rohn.
You get paid for the value you bring to the market place-Jim Rohn
It is true there many people who have got in for the quick bucks,this is really a revolution .....crypto is more than just the money !
I once wrote an article guess a month ago of how all of us in crypto are participating in a revolution and this is the bigger picture which most people have forgotten.
I have to admit that a big number of folks now in crypto are in for the quick bucks(which they will make!),but i am also sure there are those of us like me and you who see beyond the money!
It takes great personal growth to see the potential of blockchain and crypto.....not everyone can see it and as you said we all need to play our part by telling people the real true value and not just the money!!!
If you have time you can check the revolution article here...its old though!!!
Let me even share this on my Facebook and pump this great article into people's minds hehehe ...
Jarau,your ardent follower from Uganda
🙌💓
Hello Rok!
I agree that crypto is here to stay, and would imagine that the people losing out the most are the one's seeking out quick gains. Some of the coins have promising teams, fundamentals, and ideas behind them, and over time I believe those to be the ones to flourish.
I recommend the movie "The Scam" (2009). It's a South Korean film about a guy who taught himself how to read the stock market, and the crime rings that try to manipulate the market trying to bribe him out. I think you would really like it, and I can't say anymore without spoiling it. This movie reminded me a lot about how cryptocurrency has a ton of people in it—for all different reasons. You can watch it on Netflix!
💖
cool, thanks for the tip. always open for some good new Netflix... :-)
^_^ Enjoy!~
thanks for this @rok-sivante.
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A good positive aporoach at the downtime....the tides never remain constant there is always a high and low waves making splashes ...blockchain is revolutionised here to fight the existing system.....long live blockchain 👍...the flow and entry of too much jew curremcy might be tye reason that it is impacting the current market....(just my assumption)👍
For sure the month of December was booming and exciting for the Crypto Hodlers but slowly it's broken and once again we fall from the Lambo dream to Walking reality. And now everyone is waiting for the same phase so that they can make some profits once again.
Yes, it's not the right time for Crypto to become medium of exchange due to it's volatility. But for sure when more and more mechanisms are added into the Blockchain Technology and in Crypto Sphere then for sure we will going to see Crypto ready FOR the Medium Of Exchange.
Yes, the solution is not in the fight upon the current model instead if we want to change the whole economy then we have to create whole new model. It's not easy but an change can bring the changes and for sure we need changes to transform the lives in an good way.
Many wants to be Retire with Crypto holdings and in my opinion it can be happen but in my opinion it's not the right time for sure because we need more Inflow of Investments in Crypto Sphere and we need more adoptions and more Stake Holders and then inturn value will be increased and when value is exchanged for value then it expands value of that particular aspects.
In my opinion also Blockchain Technology and Cryptocurrency Sphere is here to stay and in future for sure we can face the Financial Freedom but for that revolution we have to walk from the path of evolution for sure.
Wishing you an great day and stay blessed. 🙂
"Simply put, the amount of capital inflow into crypto during the last boom was inproportional to the actual value being generated."
Indeedy.
I lost faith in like 99% of ICOs after I tried one beta. BETA! Most don't even reach that stage.
That octopus alien is toprocking btw, ultimate bboying basics LOL.
This is so true @rok-sivante. It was from the boom periods of last year I got in interested in cryptos and heard about steemit for the very first time. Right now all the noisemakers on my end have grown silent, some have even given up altogether
I guess my enthusiasm iKeeps growing because I am under no illusion that it will be easy. Take steemit for instance, I know how hard it is to grow here but I could care less... Determined to meet my mark
A quite informative and indeed a perfect blog according to the situation. Being an investor whenever, I mean whenever there comes a dip in the coins to be very honest I feel bad about it. But with the passage I have learnt one thing and that is HODL policy, all this demands patience adn right time.
The way you have described the depth of crypto industry is quite worthy to give me positive energy to understand the whole scenario in a better way.
Thanks lot #Rok :)
Interesting points in your post. However the Bitcoin value is still twice what it was same time last year.
What happened at the end of 2017 is an anomaly caused by the frantic snowball effect of investors buying Bitcoins in a hurry because of the increase in value. This was not sustainable and Bitcoin is down to a more reasonable level.
At least that is my inexpert view of it.
Great perspective, inexpert or not...
I joined Komodo Platform, and won a Notary Node ... Learn't so much stuff in the last 12months its crazy. I moved full time to linux, and at times have managed over 60 servers at once, carrying out scaling tests. Its been awesome, Creating value is much more rewarding than speculating and gambling on the work of others. Amen to this post. I told people all thorugh the mania of last year, that crypto was not about getting rich quick but changing the world, people who kept grounded in this like me, did well and still are.
As I understand it Investors should put fiat money into a system which may eat it up but stay calm to this fact. I think this kind of investor needs some play money which doesn't hurt him to lose. So I would have to be an investor, too even though my single investment would not make a difference when at the same time other single investments don't take place, right? So big investors seem to be needed.
I have to say that the technical skills and knowledge plays a role here as well. Let's say I have a hundred bucks to burn - I would probably fall for laziness or some irrational feelings to actually make that transfer - as my interest is writing not finances. Fearing that I do something wrong or how this strange transfer appears on my bank account. Also, cashing out I would hesitate as then I must deal with the officials and put it into my income tax return. So, everything financial remains untouched.
My own financial behavior so far was dependent on my advisor. As long as he was interested in this particular market and gave me financial support I was more active as a financial actor. Now that he lost interest (in real life he got a new job which sucks up his capacity) I became inactive myself on this particular issue.
So I think to behave in this system with confidence it needs MUCH longer to learn, to trust and to develop a natural habit. Just like with the old system.
I guess many people are like me, still in kindergarten and observe, learn and take little steps before they mature into a system which is that brand new.
My hope is that this blockchain will survive into the next decades and become kind of ordinary. So the dance between losing and winning is not that huge but a little more safe. This is actually not for greedy speculators.
Hi rok. A good observation and like you believe crypto's are here to stay. It is still in it's infancy and may take years for us to benefit from financial freedom. I don't mind as it will generate more opportunities for investments along the way.
this is far more better than truth itself, the need for us to wake up and make a rethink never to thin kk of immediate success could no be over emphasize, not waiting on the market to do their things and stop hoping but rather do what is right that could boom the system for more success in the future. The truth is sometimes bitter as we might never want to agree with it. This is perfect remembrance brother, I enjoyed reading like seriously. Keep the ball rolling.
You talk about INCREASING THE NUMBERS OF STAKEHOLDER VS THOSE TREATING THEIR INVESTMENT LIKE LOTTERY. This is what is needed to be treated. But if we want to get this fixed, we have to start from our mindset. It will be hard to get this structured out but any way nothing is impossible.
i have dropped you the final procedures on discord, thanks sir @rok-sivante
What an informative article! This is one of the logical reasons of the 2018 bear market. Most altcoins have gone down the drain because people were mere speculating. Some altcoins didn't even have a working product that adds value to the economy. They surely wouldn't have lasted that long. More should be done by stakeholders to utilize these coins/tokens in the real world for them to increase in value naturally. Be it payments, building Dapps, content etc.
I believe that brother @rok-sivante, because the very investment of the future is very important.
So, prepare supplies for the future, however the kit should be ready. we must prepare ourselves through the flow and development of time.
Re-steemed
Has somebody who didn't know much about cryptocurrency, I didn't know every stakeholder has to play their part in improving the value of cryptos, but now I know.
maybe doesn't has to, though wouldn't be surprising if doing so influenced outcomes...
Yeah.
I thought i read few days back about some Korean exchange approvals and that should good and after the world cup i thought we should have less distraction but seems no good news yet.
interesting explanation, I still dream that hopefully what I produce here, even though it's just a little at least there will be a happy surprise.
hopefully steem or sbd can skyrocket ....
really this article help me, thanks for the blog
Crytocurrencies are the future…