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RE: “Blimey – It’s Christmas Eve and I haven’t bought the presents yet!"
You should only invest in and support the currencies you truly believe in; make sure they are honest and properly managed. Find the best one or two you can and get involved if possible.
Nice to see everyone get involved with steemit!
Thank you . But isn't it a bit early in the life of Cryptocurrencies to be talking about the currencies you truly believe in ? Even Bitcoin is having the wobbles right now.
Your only thinking in terms of dollar value the technology is sound with the speculators trying to ruin it. Bitcoin has survived 9 years and has been under constant attack during this time. It has the strongest proof of work so will be the best store with the lightning network solving the transaction times, privacy and fees.
The only thing stopping the lightning network is political at this stage but I think most of the network can see the long term good so I'm hopeful we will get this through.
No wobbles it's still up 1000% for the year ;)
watch Andreas if you want to learn about the technology more
Thank you. Yes, up 100% .Good.I'm very grateful and am staying with it.My investment is with money I earn for posting on Steemit.In a sense free money, and not savings at risk.
If it was,I couldn't yet be certain if any Crypto is destined to become widely accepted and established long term,with the possible exception of Ethereum.But I hope your strong conviction proves right.
I've been involved in this space for the last 6 years and I would encourage you to look at NEM the fundamentals are sound and it has been integrated into wechat which is the biggest messaging platform in China.
I posted 10 reasons why I love it on my page https://steemit.com/cryptocurrency/@safetony/10-reasons-why-i-love-nem
Etheruem has the same problem as bitcoin I feel with the crypto kitties game destroying there network but they do have a more unified development team so I'm sure they will solve this in time.
Thank you. Oh crikey, I've been talking enthusiastically to family members this morning about why I think Crypto Kitties will boost Ethereum.
I think the general public are puzzled by all the excitement around Bitcoin, and with their love of games(think Pokémon) will welcome an easy and fun way to join in.
I see it as win win. Not only will their Crypto Kitties soar in value but also drive up the price of Ethereum - Yes ?
It will bring in new users sure but network congestion = high fees which is what we are also seeing with Ethereum now.
I think it will still go up in price but it's going to be strangled a bit until they sort the scaling issue out.
Thank you. I've just shown my Grandson your confirming comment that Ethereum will go up.
He has Ethereum already so is pleased to get your view.
He thinks the Crypto Kitties is a gimmick,and a serious business tool should not be associated with gimmickry.
I think he's wrong, and probably a fun way is the best approach to attracting the wider general public into Cryptocurrencies.
Once crypto kitties becomes available as a mobile app I'm hoping it will becomes the next pokemon go which will in turn drive the price up it is definetly a good tool as most people are put off by the boring geeky tech so it's a totally new demographic