Price wise, I think theres just an overall downtrend with entire cryptocurrency/altcoin space
Even with Dash's recent developments and getting listed on Coinbase, they still went down
https://coinmarketcap.com/currencies/dash/
Ive seen a lot of coins down 10-30x,
BiblePay in comparison has held stronger than most
Ive noticed the various sections I visit in this forum are even quieter these past few months
Even with Dash's recent developments and getting listed on Coinbase, they still went down
https://coinmarketcap.com/currencies/dash/
Ive seen a lot of coins down 10-30x,
BiblePay in comparison has held stronger than most
Ive noticed the various sections I visit in this forum are even quieter these past few months
I think the lesser of two hidden harbingers affecting crypto:
The commoditization of digital currency on various places in wall street classic (bit shares, cftc futures and ETFs). I feel in general the wall street traders dislike crypto (although I think futures traders dont mind btc), and - this is just my opinion - I think some of the richer stock traders probably short bitcoin for fun and brag about it. I have this imaginary belief that when it goes over 10K they add to the shorted position. But this is all speculation; as we get closer to bitcoins half price in what 300 more days it may blow through 20K, we have no real idea.
I think the other bigger harbinger, was the release about the cracking of crypto keys by googles quantum computer. What whale with $1Bn+ in crypto wouldnt be scared? Of the possibility that a backroom hacker in google is going to 'pop' their key? So I think there is an uneasinees in the whales minds right now that we dont really know about.
I was even going to offer BBP to write a quantum proof bit extension to future proof our wallet from quantum hacking, but the downside is then every place we have a private key we would be incompatible with bitcoin. So I think we leave this on the back burner for a while longer, and keep thinking of alternative solutions.
