Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Really? It's captured almost 13% of Bitcoin's market cap in less than a year.
Mining it is really profitable, and accessible to the avg user, unlike the megawatt warehouses of the decentralized BTC.
To add insult to injury... it's rallying harder than the coin that is actually having its inflation halved:
The mindset that BTC's inertia is insurmountable is a dangerous one. Especially when its dev team is committed to crippling it in favor of as-yet-non-existent payment channels (channels that have huge incentives for centralization into monolithic hubs btw).
Pffffft, what am I thinking? Let's moon this biotch!
You are just on and on about Ethereum, and it seems that you don't even believe the bullcrap that you are spouting.
Who the fuck knows about short term price directions of ETH? I'm sure they can continue to pump Ethereum for a while, but there is just a lack of fundamentals - at least in respect to the decentralized aspect of it, and at some point it is going to have to come cascading down.
Yeah, they can keep pumping it, but when there is a lack of some of the fundamentals, then sooner or later people are going to recognize the lack of there, there.