Re:Bitcoin Fall Extends to 25% as Fears of Crackdown Linger
by dk8996 on Tuesday January 16, 2018 @09:50PM
(#16165077)
Hundreds of coins and hundreds of tokens. This is the growth phase for crypto, people are trying out new things. Some of these coins and tokens will not be here in 5 - 10 years and some will be used every day by all of us.
Re:Bitcoin Fall Extends to 25% as Fears of Crackdown Linger
by notsrg on Tuesday January 16, 2018 @06:50PM
(#16164058)
Uber would probably disagree that you need permission for anything.
Re:Bitcoin Fall Extends to 25% as Fears of Crackdown Linger
by agorabinary on Tuesday January 16, 2018 @06:38PM
(#16163972)
"it still doesn't explain the hundreds of alt coins"
It's open source. How many Linux distros are there?
Re:Bitcoin Fall Extends to 25% as Fears of Crackdown Linger
by hossbeast on Tuesday January 16, 2018 @08:24PM
(#16164679)
Isn't there some adoption of ripple among banks? Then again ripple isn't decentralized like Bitcoin.
Re:Bitcoin Fall Extends to 25% as Fears of Crackdown Linger
by halbritt on Tuesday January 16, 2018 @06:58PM
(#16164109)
Banks are rapidly trying to adopt the use of blockchain.
Re:Bitcoin Fall Extends to 25% as Fears of Crackdown Linger
by Retra on Tuesday January 16, 2018 @07:39PM
(#16164420)
Successful use of blockchain is not the same as successful cryptocurrency.
Re:Bitcoin Fall Extends to 25% as Fears of Crackdown Linger
by perseusprime11 on Wednesday January 17, 2018 @09:37AM
(#16168173)
Agree. Just because banks are using ripple blockchain and ethereum blockchain is being used by apps does not mean their currencies are useful. Nothing explains why Ether is so expensive.
It also depends on banks and states signing up to that vision. We have seen zero adoption on that front. On top of that, it still does not explain the hundreds of alt coins.