Quote from: NathanJB on October 29, 2019, 12:45:54 PM

Those slightly smaller texts are more interesting than the bigger ones. The absence of control is itself the reason why the future of cryptocurrency looks clear. The future of fiat is vague because it is under control. By whom? By the elites, so few of them, controlling the rest of the population. It is a problem when money is in the hands of the few, the creation, control, supply, etc. It is less dangerous if money is out of control of everyone. What is needed is the money, decentralized, under no one's control.

By their instincts, no ordinary person is different from the representative of the elite. It is better when the power belongs to those who know how to control their instincts. This can be a representative of any class. If you give power to the crowd, instincts will prevail, as most people are not masters of themselves. Thus, FOMO and panic as two extremes are present in any market.

Quote from: Patrix_1 on October 29, 2019, 08:50:02 PM

The problem is that people are still investing without any research of each project. Thats why there are so many scams around, because, unfortunately, investors are even too lazy to read the whitepaper or to check the team members.

Is it possible to draw such a conclusion: not only the scammers are to blame, but the quasi-investors themselves that they give their money so easily... create a bait and risk. Probably many do not understand this.

Quote from: republicrypto on October 30, 2019, 09:31:39 PM

well, maybe a lot of altcoin in the market for now could be an opportunity for us to selecting the best one,,
because we have a lot of options my friend
and i believe market will select only the best alts to survive
regards

These many options are a problem, especially for most beginners. I look at these thousands of altcoins in confusion. TOP 100, TOP 10, only Bitcoin? The market will choose the best 1-3-5%?, that's right. Due to the unconscious majority. This looks too suboptimal.

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I am grateful for many interesting comments.
The crypto industry reflects what all these people from around the world are worth. I guess the crypto community is not made up of the worst people. What would be crypto if everyone were here?..