!!
Back to work this weekend
7 years ago in #crypto by scandinavianlife (68)
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Lol, I thought you were having a weekend off!
Wrong weekend :D
Interesting stat on businesses in the UK.... Though the article you linked to says "large" businesses, not all. I'd be interested to see the data on the sample size and who was surveyed. My thoughts thoughts are that many institutions are using cryptos as a hedge against the risk of market turmoil as various currencies begin to lose value. Much in the same way gold or silver are held... with the British Pound facing Brexit risks, it would definitely make sense to hedge a bit.
True. Thanks for pointing that out. But! Wonder what the % is for small businesses? If it correlates with private (small) investors and institutionalized investors in general in cryptos one could imagine it being more common among small business owners? Or perhaps they invest privately. Anyhow its a nice pointer👍
I don't know what you're talking about. I'm a libertarian and an anarchist, and i'm more than happy to discuss the superiority of the Greek IQ.
😅👍 unfortunately iq cant explain why you guys..the creators of civilization..turned ur country into a socialist shithole. Ps: will go to greece for holiday 10/10 best place ever
Thanks for sharing As BTC is the mother of crypto
Yeah I dont see bitcoin going under 6900 and the blockchain I think is as good of a invention as the Internet. Thanks for sharing!
Bitcoin offers us, for the primary time, the way for one net user to transfer a singular piece of digital property to a different net user, such the transfer is sure to be safe and secure, everybody is aware of that the transfer has taken place, and no-one will challenge the legitimacy of the transfer. the results of this breakthrough square measure arduous to magnify.
Yes, it's still difficult to purchase and understand crypto. And most people understands crypto as something which is adding to the global warming as the news spread that bitcoin miners burn more electricity then 5 Million residents country. So no wonder why people don't really see a bright future. How could you possibly scale that?
This has been one of my largest complaints. Not only has it still not translated well to onboard main street, there are several problems with several projects that will scare away investors. Most teams are only now creating what will later be public facing use cases, manifested through marketing and PR. That will sway their minds considerably but the infrastructure has got to be more prepared than 2017.
LOTS of people tried to get into Crypto last year and what happened? Most exchanges buckled under the pressure and many users were left in situations where they were told it would take up to 72hrs to get them verified and some had been waiting for weeks.
So the infrastructure has got to grow massively and that's not going to happen in 1-5 years. We can maybe hope for 10.
Great post! You just got a 23.81% upvote from @edensgarden!
Thanks for tasting the eden!
"The time to buy is when blood is running in the streets." - the believed author of these words made a fortune buying in the panic that followed the Battle of Waterloo against Napoleon.
This post has received a 41.67% upvote from @msp-bidbot thanks to: @scandinavianlife. Delegate SP to this public bot and get paid daily: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP Don't delegate so much that you have less than 50SP left on your account.
I have also heard that big funds and whales are waiting for regulations before they delve into adding cryptocurrency to their portfolios. Even the ECB has hinted it would like to add some Bitcoin to its reserves. Total crypto market cap didn't even reach 1 trillion dollars on the last bull run... The crypto market is still TINY.
Bitcoin needs to get to $390k per coin for it to equal the market cap of gold. That would be a $7.8 trillion market cap for Bitcoin.
Very good you'r post
Thanks for sharing,but i hope bitcoin and other coin pick up soonest
You are spot on, it's very rare to find an asset class where retail investors are before institutions and I would argue that crypto investors aren't even your typical 'retail' investors. This is why we so much FUD from Wall Street they are extremely bitter funds are flowing to the crypto market instead of their pockets and that they missed. At the same time I agree that they are probably trying to push the market down to build their positions.
After finding out what my.gox had done, it became very clear to me. Same as you talk about, the market is missing money. big money. to day the Total Market Cap: $ 387,275,091,987 a think is ned to be over 2000,000,000,000 before we can we can avoid crashes or reduce them to a more normal adjustment.
And about regulations it is clear that we need it. It's a way to stabilize the market and get more money into it. And make it more safe, to the men in the street
Where is your family weekend ? I am joking... I know how difficult is to get rid of worries and work to spend a few peaceful hours. About the article, you summarizes very well what is happening and I hope that your analysis is correct.