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RE: Blood on the streets in crypto land

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i always feel my sig is too large until i start checking other steemers posts lol ...

As far as i know the whole cryptotrading economy has been driven on fud and hype ... hype it up ... wreck it down since its not backed like fiat by the daily spending of joe slob up unto megacorp. BTC goes up everyone goes crazy starts writing about it, then someone finds an article about government regulation and the panic goes viral ... profits are taken, the whole market "crashes", its the end of the world and a month later it just goes back :)

i think its a bit too much lately, everyone wants their own currency, ICOs all over the place . Statistically looking at how many startups actually succeed in staying above water within five years that means there's a lot of money that will be invested where someone will run off with to some tropical sands to go drink coctails ...

but i agree its probably best to wait until the storms subsides and actually personally im such a bum i dont have to worry about losing money i invest

cos i dont have any hahah

(check out bitpandas overlapping system to pull some blockchains together btw, i think thats the way to go before there's an information singularity and no one know whats going on where, like in an appstore lol)

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haha! Yes, love my crazy crypto CV I tack on the end these days ;) Though it could really use with an update.

Agreed the ICOs seem to be popping up in every field now. Have read a little about bitpanda & Panthos and for sure multi blockchain access looks promising.

When the inevitable resurgence comes I am sure you will eventually find yourself with investment money assuming you are making a little steem from time to time...

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