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RE: Bitcoin: Just a retest or start of a larger correction?
Love the post and analysis bro and bring on 10k (AUD) by Xmas and I'll be a Happy Lil Vegemite :D
Love the post and analysis bro and bring on 10k (AUD) by Xmas and I'll be a Happy Lil Vegemite :D
That would be awesome! I want to take my profits and run now, but I think I have to leave at least a coin on for the future :)
The magic number you want to have for the future is 21 - one millionth of the total possible supply. That's a substantial pile of money these days though... I mined more than that many once upon a time, and foolishly spent all of them before it broke $20 :-/
Yeah bit out of my league atm ... could have done it when I first heard about it if I persisted with the overly complex fiat -> BTC methods of the time ... but I gave up :(
I hear that - I'm in the same boat when it comes to that because I foolishly spent all the coin that I mined back when it was still real cheap. Personally, I believe that BitShares has far greater potential than BTC, largely because it's already solved two of the biggest problems that are barriers for the use of Bitcoin in commerce - scalability and volatility. BitShares is still just barely above the ground floor - but it won't remain there for very long at this point.
Yep, completely agree on that. Waves might look prettier, but Bitshares dwarfs their transaction capacity. Things will only get better if it heads to EOS too ...