Daily: Why the Crypto Dip is good
Cryptocurrency markets may be falling, but this might actually be good for long term growth.
1:30 Market Analysis
3:27 Why the Bear market is good
5:17 Core Crypto use cases
5:17 Decentralized Store of Value
6:54 Scaling to microtransactions
8:12 ICO Project Funding to Securities tokens
10:11 Enterprise applications
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Crypto dip is good but hard to digest for faint heart people.
TBH, it is a necessary step towards mutual co-operation to achieve a blockchain-enabled future, spearheaded by cryptocurrencies that aim to stay regulatory compliant.
You can checkout my analysis in my blog post at. I agree with the points made above.
https://steemit.com/cryptocurrency/@cryptovate/is-the-digital-gold-rush-over-usd400b-wiped-from-global-crypto-market-cap-in-january-bloodbath
you can also check ANON ANALYZE >;]
ANON WISH U MANY LUCK in 2018 year of DOG where real friends appear.
LIVE YOUR #CRYPTODREAM
#ADOPTCRYPTOGOD
https://steemit.com/cryptogods/@mfg/l316uu4d
#CRYPTOCARTOONS
#CRYPTOWORLD
https://steemit.com/bitcoin/@mfg/blockchain-technology-in-near-future-deep-analize-of-humanity-fate-and-will-must-read-bitcoin-cryptotities-cryptokitties
The donut at the top is also good and also hard to digest!
True, there was so many people that don't get the clear message of HODL!!!
Crypto dip is good but hard to digest for faint STOMACH people.
I agree. Very interesting article :D
Yes, this dip is great. Finally we can get some more cheap coins:)
and I'm buying more doge coin
I couldn't agree more. This huge rise from 8 to 20k was incredibly unsustainable and people have been throwing money at literally anything.
And possibly market manipulation!
I suspect the entire crypto market is overvalued by any reasonable measure, the question is whether the value catches up to the price -- in which case, the sky's limit -- or whether the price drops to match the value, which isn't clear yet.
Good news is, only a tiny, tiny fraction of the world's wealth is tied up in cryptos. Finally, real companies are leveraging the technology. I suspect the sky's the limit. What do you think?
When fear comes and people sell, who buys from them? People that are in this for the long-term. This stabilizes the market and provides a breath moment for technological improvements. Eventually, people that sold will come back for the tech and utility.
Mostly these are newbies. They will comeback later with a regret of selling them so cheap.
Agreed. And the people who sold low only to come back high, tip: You’re doing it wrong.
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https://steemit.com/cryptocurrency/@tanvirabedin/dogecoin pls follow and votes i also follow and voats u
We need a market cleansing of all the speculative money
Does anything happening in the current market actually trend to long term? To see the big picture we have to look outside the market to what it represents and cryptos taking the place of fiats is of course the future. Its undeniably better in almost every way and as we begin to see commodity backed cryptos it's only going to increase the drive forward. There is no going back, whatever "Downward Trend" exist, it is but momentary, there is no halting evolution short of complete annihilation and I just don't see the worlds gov's coming together to annihilate cryptos.
Michale your review has been the most honest untill now. I almost watch all your episode via youtube . Love from Bangladesh
I actually like the idea of buying ICOs if not only for the purpose to support good ideas. Plus, real time, real life applications using blockchain technology is the next big thing!
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I like crypto, crypto is good. Having said that, I am really interested in “real life” applications. It will be interesting when my future grandkids (and maybe my youngest child, are learning and applying blockchain in technology courses in high school and college. It seems that although it will no doubt be used in mainstream (read corporate and government) applications, it may also be a tool for decentralizing a ton of crap that does not need to be centralized. Do not ask me for examples because I am not that bright, but the theory seems sound.
I hate to say it but it was something the market probably needed, it will regain momentum and hit higher numbers. It just might take a while to recover fully.
I regret not taking profit when we hit 800billion market cap !
You and I both. Looking back, shoulda sold off a healthy portion at $800B. And on the other hand, should’ve bought a ton more when the cap was $100B. So, technically, we’re somewhere in the middle and that’s not a bad place to be! HoDL, BTFD, _____ insert acronym here.
Hahaha. I knew about it when it was lower, but never bought. So regrets all around as well :)
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