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RE: The Value of Crypto – Utility vs Speculation
Coins mentioned in post:
Coin | Price (USD) | 📉 24h | 📉 7d | |
---|---|---|---|---|
BTC | Bitcoin | 11489.800$ | -9.31% | -16.47% |
ETH | Ethereum | 1043.760$ | -8.0% | -22.64% |
LTC | Litecoin | 189.399$ | -8.18% | -20.83% |
STEEM | Steem | 4.580$ | -17.03% | -22.92% |
Interesting ...My focus right now is what gives the coins there value. I like the utility of use as a currency, especially for LTC and BTC, but seems their value is from speculation. Based on the table you posted, it looks like speculation is down. I have not used ETH, but seems smart contracts are a good idea. I am rather new to Steem, so the fun continues. --3D