You are viewing a single comment's thread from:

RE: Crypto Bull or Fiat Bear

in #cryptocurrencies6 years ago

Well, as long as the particular Crypto you follow trades and is evaluated mainly against the Dollar, in economic terms "Crypto Bull" and "Fiat Bear" are exactly the same thing -- long Crypto/USD.

But it's possible that we're already seeing a major shift -- a move towards crypto bundles, ETF's "by any other name".
And here I must mention BTC specifically, as the current market baseline:
Though attitudes towards BTC differ (and I'm not a big fan of that specific coin myself), in the future you may have to ask yourself "where do I sit on the {BUNDLE}/BTC see-saw"?
I'm afraid in this "collectivised" projection of our future STEEM is somewhat unlikely to be traded alone -- we might want to take a closer look at our potential "neighbours", in any package we're slotted into. Maybe even stake or argue our "turf" rights per-emptively.

Coin Marketplace

STEEM 0.15
TRX 0.16
JST 0.028
BTC 68109.82
ETH 2439.30
USDT 1.00
SBD 2.50