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RE: Why CryptoCurrencies are Falling
Very interesting and a good reality check. It actually made me think that it wouldn't surprise me if new solutions would be released as an 80% version into the market even if the tech is 100% developed, and release the other 20% in chuncks just to keep the market happy! PS I never knew where FUD stood for lol, thanks for clearing that up. Looking forward to your Segwit assessment. Keep it up!
And just to build on what you were saying, although I don't think we're at the point of mass adoption yet, there is clearly an influx of new players into the crypto space (myself included). And with anything that you start out new, you're just finding your bearings and might not feel too secure about the workings of the market. Couple that with a softening in the market, and it creates a "snowball" effect. It wouldn't surprise me (if only we had a way of tracking this) that there is next to an influx of funds already a bit of an "outflux" as well. It's similar to investors moving into gold when the risk increases in traditional stock markets, people would move back into USD or EUR or whatever their local currency is. Having said that, if I were to do that, I wouldn't necessarily take the funds out of an exchange. I would be sitting on the fence so to speak waiting for a bottom and it would not surprise me if we would get a snowball effect again - but then the other way back into the cryptos. I don't expect this until after the potential Bitcoin hard fork though. All imo of course, DYOR and all that ;).