Evening Crypto Roundup (06/06/2017)
Bitcoin
- Bitcoin Scaling: Which is The Most Viable Option? (The Cointelegraph)
- Investors Use Startup Stocks to Bet on Bitcoin in Japan (The Cointelegraph)
- Mark Cuban calls bitcoin a bubble, price falls (CNBC)
Altcoins
- Bitcoin Exchange Reaches Over Half of Altcoin to Altcoin Transactions (The Cointelegraph)
- BitCart Ditches Bitcoin For Dash, User Uptake “Soars” (The Cointelegraph)
Regulation
- Nevada’s Blockchain Tax Bill Sent to Governor’s Desk for Approval (cryptocoins news)
Very interesting stuff coming out of Mark Cuban's mouth. I'd venture to say more than half of bitcoin/crypto investors believe that some of these alt currencies are a bubble. The only question is when they'll pop - I don't think it's anytime in the next year.
Definitely some shady investments out there. I think the ICOs are what have people thinking there's a bubble. Did you see the BAT ICO the other day? It sold out in 24 seconds. I bet half of these investors are just throwing money into projects without knowing much (if anything about them).