BitcoinShort
Bitcoin future? Be realistic!
Best position to take on Bitcoin is to sell at which you bought.
There are 3 reasons for this;
1. Regulation: Government all over the world is trying to regulate cryptos, this is good news for the well designed next generation cryptos but bad news for the 1st generation cryptos with PoW or PoS consensus cryptos since the mining fee is increasing fast to make the benefit of cryptos useless.
2. Trade Volume: There was a study by 2 professors who analyzed all the transaction of BTC from the beginning to find out the price hike was manipulated by the automated bot. This works if and only if the trade volume is high enough to hide their intention in some degree. With the volume is not there, even whales can not make move without telling the whole world what they are doing.
3. New Technologies: DAG based consensus algorithm does not require mining which is a huge benefit to all dApp developers and payment solutions that BTC and ETH can not compete. Sooner or later, the crypto world will move to DAG based cryptos. Check out londoncoin.io
Crypto market is dead? Not at all! New technologies will enable new applications for cryptos which will revolutionize many industries for the good of people.
Study and invest, not the other way around!
There are 3 reasons for this;
1. Regulation: Government all over the world is trying to regulate cryptos, this is good news for the well designed next generation cryptos but bad news for the 1st generation cryptos with PoW or PoS consensus cryptos since the mining fee is increasing fast to make the benefit of cryptos useless.
2. Trade Volume: There was a study by 2 professors who analyzed all the transaction of BTC from the beginning to find out the price hike was manipulated by the automated bot. This works if and only if the trade volume is high enough to hide their intention in some degree. With the volume is not there, even whales can not make move without telling the whole world what they are doing.
3. New Technologies: DAG based consensus algorithm does not require mining which is a huge benefit to all dApp developers and payment solutions that BTC and ETH can not compete. Sooner or later, the crypto world will move to DAG based cryptos. Check out londoncoin.io
Crypto market is dead? Not at all! New technologies will enable new applications for cryptos which will revolutionize many industries for the good of people.
Study and invest, not the other way around!
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