IgazI wrote:Goonslinger wrote:IgazI wrote:TheStreet: Luc Olinga:
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It is definitely not a time to be invested in dog coins. . .
PS: I am down about $1,950 at the moment.
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I think we will see prices drop more when USDT eventually pops.
I know you've mentioned before that you hold for a long time but do you see crypto ever recovering to the levels before? I can't help but feel that the recent turn of events will put people off permanently.
Without regulation, no, but regulation is coming and coming fast.
Betting against crypto is like betting against the internet; it's just an AOL chat room now, but that's not all that it will be in the future
I hold ADA because I believe in the mission and intelligence behind the product, and I believe that it will have no rivals when it reaches its final form.
As with anything else you allocate risk to it and it either works or it doesn't. . .
the risk that I decided to take with crypto is equal to losing 1 Bitcoin, and I'm ok with that.
I'm currently just buying USDC and adding 500-1000 ADA here and there.
Even a toothbrush will 5x, eventually, that is just the world we live in.
Thanks for sharing, Igazi.
Won't regulation just make it like any other fiat currency? I've never really truly understood what makes it more appealing than the currencies we already have.
I had never really looked into ADA as there are many, many coins but from what I can see it does seem interesting. Not sure that I'm prepared to invest in any coin just now though - I'll wait for them to peak so that I can get my fingers burnt (again)
For anyone else interested, you can read about some of the research that goes into ADA here -
https://iohk.io/en/research/library/ and the uses cases here -
https://cardano.org/enterprise/.
Note: there is quite a bit of reasearch that goes in to it - have fun looking into this rabbit hole!
aliassmith wrote:Agreed "crypto" is the future. By that I mean some form of electronic currency. The plebs will believe it's good for convenience and security. Meanwhile "they" will be able to control everything.
Also it will come down to betamax or vhs. How about Blu-ray vs. HD DVD?
Currently Bitcoin is the old legacy model. It is new tech but slow and clunky. Which coin will win out?
I think it probably is the future too although "they" have and will always control everything.