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RE: 443M worth of BTC is "on it's way"
Yeah. It's wierd to watch the world slowly warm up to Bitcoin, while feeling yourself that it was a thing of yesterday. We are literally years, if not a decade ahead of the curve.
I agree. I already had this feeling with Eth when bitcoin was having issues. Not many wanted to hear about it, but look what's happening now...
Wait til they realize Eth's complications and uncertainty compared to our blockchain. (even though I have a lot more trust in Vitalik and their team than btc - I still think this chain has surpassed Eth by a long shot)
My problem has been giving up on coins long before the biggest wave. I did that with Bitcoin, Ripple and Ethereum. I thought about giving up on Bitshares. The reality might be that the world is just waking up to Bitcoin, Bitcoin maximalists are waking up to Ethereum, and we will have to wait 2-5 years for the "time" for Steem, Bitshares, and all the promising "Non-larimer" projects out there. One would think investors did some due-diligence and looked for fatal shortcomings - but no. The markets are certainly not efficient. There's little prediction going on, and most of the price movements are pure speculation and P&D. People seem to leave coins only once they hit a wall.
Well put. I think we might see some correction sooner than later. Steemit in my opinion has been one of the best gateways for adoption and growth into the whole blockchain space and it seems like the speed of projects and their adoption is increasing steadily.
It took bitcoin a long time to get where it is today, Eth increased the pace by almost a factor of 2, and Steem is only a year old and already showing amazing progress. Haven't followed BTS much unfortunately, but I can't help but be amazed at Dan's creations.
Great discussion guys!!
I think it's too early to speculate what the next few years are going to look like, but I do agree that Bitcoin is quickly becoming a dinosaur (and isn't that kind of hilarious?) Neither of you mentioned EOS or Peerplay. I'm also looking at Tauchain and BosChain...I think it is possible that within a few years, self-governing AI will take over the responsibility of proof and adapt to whatever demands are needed for the next generation of interface. I saw a funny thing about Plantoid. Not too far off.
Have a great one guys!! Following you both!! Thanks for spreading the knowledge and optimism!!!