Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Zed0X on December 08, 2018, 07:34:51 PM
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This is a good read.
"Cryptocurrency is, in reality, more than hyped tokens. It can bring in so much of value in several “business to business” and “business to customer” transactions. Whether these currencies will forever increase in value is one part of the proposition. How this crypto can be put to everyday use is what makes it completely interesting. We need to look at the cryptocurrency concerning the utility it can provide for its users.
When the cryptocurrency is looked at from a utility point of view, the entire cryptocurrency space and the society will be able to appreciate the validity of the real use case. There is a lot of hype around crypto and a lot of overvaluing too. When these factors are deduced, the best of the breed cryptocurrency can be put to real-time use."
Full article: https://thecurrencyanalytics.com/3830/cryptocurrency-has-best-use-cases-minus-overvalued-and-overhyped-status-quo/
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One of the honest article I have read about cryptocurrency.
The value of each crypto should be based on its real use case but due to the nature of the market, being highly speculative, many are indeed overvalued.
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Good description on "honest article".
There is indeed a lot of potential in cryptocurrencies but sadly there's just too much hype going around the market. Somehow, I am glad of the bear market. It will remove a lot of hyped coins or tokens.
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I also have a sense of confusion when over-value Bitcoin from the price of 1 USD to 19800 USD.
Just imagine that for one thing the item is so real and the price is great.
If I create items such as statues, and only need 9 years to raise prices like that, I think maybe the statue should be created by an alien planet. LOL
Oh My God !!!