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RE: Bitconnect Investigation: If this is a scam and it falls, the Government will not turn a blind eye.

in #cryptocurrency7 years ago

Totally agree on BCH and Roger Ver. I've expressed my opinions here:https://steemit.com/bitcoincash/@vimukthi/a-love-letter-from-dash-to-bitcoin-cash-and-roger-ver-my-venture-into-the-crypto-sphere

I too faced a lot of ridicule when I said BCH would stabilize above $1000. Asia is also far more cyrpto friendly compared to the west. The regulations and governments aren't too tough on most places with China being the only big obstacle. Above all Asians are not government worshipers. Japan claims 50% of trading volume while USSA with over 2.5X population only claims 25%.

BCH almost had 50% gains while BTC was going down. Markets always eventually catch up. Mainstream attention could pump Bitcoin some more. It might even go past $10000. But That attention will get eventually shifted to alt-coins. Most people only know about Bitcoin. When they gt in, they'd realize there are 900+ coins and some of them are super awesome. I've been telling that the eventual demise of BTC will come out of its own popularity. ETH and BCH could play a big part in this.

I'm not as experienced as you are. But I know that switching between BTC and alt-coins is getting easier and there will be people who'd just want things fast and easy. When some momentum is picked up it'll go all the way. BCH almost surpassed BTC in volume. I've seen similar (though not on the same scale) price/volume action with EOS and XLM recently.

The snow has piled up on BTC. It really won't take too long for the final snowflake to come. It's bound to happen under 3 years IMHO.

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Finally we come to a point where we can agree, for I more or less agree with you on all these points. And I must say I have thoroughly enjoyed our little conversation and it shows that two people are capable of having a heated discussion and still show respect for each other and at the end do not wish to kill each other lol - if only people on power could do the same- I wish you only a positive future my good fellow @vimukthi- following you now : )

Thank you.
Intelligent people can have a heated discussion because it's about communication, spreading and consuming information and figuring out what's right. People of power have hidden agendas and lot's of ego involved. College snowflakes would just die if they couldn't find something to be offended about.

The great thing about steemit is that it's full of people who can have a great discussion with. Here we have respect for individuality and self-improvement.

I too had a great time and learned a few things. I've been following you for some time.