kevin81q

Interesting comparision

Long
BITTREX:ADAUSDT   Cardano / Tether
Looks like BTC is loosing its influence on it younger brothers, declining volume possibility? Maybe investors are turning from manipulation, maybe looking for a security with real world applications. I am constantly asked why are you investing so heavy, what determines the valve or price of what you are investing into?

I would say BTC is up and running probably at least say in production phase of a product, but have you asked yourself what BTC produce? How long can the world continue with the cost of transaction verification cost (wait until the majority of tree enthusiast find out about amount of electricity required per day), especially when returns for verifying transaction are ever decreasing? Outside of pure speculation and manipulation, what would you say is the driving factor of value?


There is an evolution happening in the digital cryptocurrencies world. There are a lot of extremely smart engineers and scientist, with previous crypto experience leading the charge. I was once told when I was in sales "Find a way to help others obtain what they want, and the returns will find you". There are applications in progress and some pretty much online that are geared to helping other cryptos obtain what they want, if you are unfamiliar with what I am saying I urge you to go back to the researching table and discover for your self.

Maybe this is why the MT Gox wallet has awaken after all the years and risk being tracked, the wallet has been broken down to several different wallets on several different exchanges. Most including myself think that is for price manipulation but then why not use his ability to pump the last wave? I am starting to wonder if Mt Gox is seeing the developments on the horizon of the direction of blockchain financial services. Yeah the coins now are becoming byproduct of something much much bigger, TRILLIONS TIME BIGGER ;)
What if his dumps are not returning volume for BTC, there is a lot of evidence of something big coming. I hope not to be on the losing side.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.