RE: Crypto Dives AGAIN? Trading and Some Warnings
First and foremost, I want to tell you I'm finally following your advice and I'm here, on steemit. I'm glad I've found your channel from the very first beginning of my crypto adventure and I was able to be more caucious and retained on my investments as you've always tried to see the other side of the fence.
Secondly, a lot of times these coins are being pumped by different whales or "Pump and dump" telegram groups or so. I've seen this trend going pretty stupidly spread with pumping and dumping coins, people get in there at the end of the pump and tend to lose a lot.
That's true there are a lot of duplicate coins which do not give any true value to the market and I'm really curious upon what we will be seeing in the future months, years. I want to thank you a lot for sharing your wise skepticism with us.
I had some doubts about your "visions" in the past when you were talking about ETH going 75000 satoshis right when it had a drop from 65000 to 55000 and I was already pretty nervous I've followed your advice ( after my personal research and a lot of thinking ), but you were found out to be more than right!
Although I'm still a newbie (~2 months in this world) I still learned a lot by myself and you helped me avoid a lot of mistakes that might have costed if I'd been making them my own.
One last thing I'd like to say, you should really check out Nebulas they want to build a search engine for the blockchain apps. Their main ideology is that in the future there will be a lot of blockchain applications and people won't be able to filter them. Also, Founder and co-founders are founders at Antshare(NEO). I would really appreciate your opinion upon this!
My concern with a project like that is that it assumes there will be a lot of blockchain applications that are actually useful, which has been far and few in-between. The fewer there are, the less required it is given that everyone will just know the "good" ones by name. Haven't looked at it yet though so take my opinion with a grain of salt.
Yes, well their project an idea is not projected to the "now" but to the future. Hitters XU makes some intersting comparasions in his presentation of Nebulas at Global Blockchain Summit in Shanghai from aug 2017.
He is comparing the internet 1.0 as the internet in 1997, internet 2.0 as internet in 2007 and internet 3.0 as internet in 2017 talking about the number of apps and users. He made an analogy between internet and blockchain considering Bitcoin - Blockchain 1.0, Ethereum (with the smart contracts ) - Blockchain 2.0 and Nebulas being the Blockchain 3.0 with the search engine.
Of course these comparasion might be exaggerated but I really believe in his vision.