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The seasoned traders knew this was turning into a bubble when it went parabolic. And when CME announced cash settled futures in October they knew major suppression was underway. It has been the case with gold and silver and any other commodity that threatens the fiat banking system. ICO surely didn’t help ethereum either
Cryptocurrency weekly:1.Russia to Adopt Crypto Regulation by July 2019https://cointelegraph.com/news/russian-president-putin-orders-government-to-adopt-crypto-regulation-by-july-20192.Core Developer Quits #ETHhttps://www.coindesk.com/ethereum-core-developer-quits-social-media-over-conflict-of-interest-attacks3.Warren Buffett: #BTC Is a Delusionhttps://www.cnbc.com/2019/02/25/warren-buffett-says-bitcoin-is-a-delusion.html4.Steve Wozniak: We’ve Seen Massive Value Creation on BTChttps://cointelegraph.com/news/apple-co-founder-steve-wozniak-on-bitcoin-weve-seen-massive-value-creation5.Litecoin Foundation Partners with Glory Kickboxinghttps://cryptonomist.ch/en/2019/02/27/litecoin-foundation-partners-glory-kickboxing/6.Facebook is“Hoping to Succeed where BTC Failed”https://cointelegraph.com/news/new-york-times-facebook-reportedly-shopping-facebook-coin-to-crypto-exchanges
I'm going to definitely check into it though cuz I believe ethereum is going to be was passing Bitcoin cuz it's only a matter of time before Bitcoin starts to step down on police cuz it's had its day and now the other ones I really getting a foothold in this. Even though it doesn't look like it behind the scenes is a lot going on
Attn: Charlie Lee -- Please comment on why this is something about which we should or should not be concerned. TIAhttps://cryptoslate.com/ethereum-leads-in-active-developers-bitcoins-developer-count-healthy-litecoin-and-dogecoin-being-abandoned/
Ethereum based on their counting model of course has a lot of “developers”. Note that everybody and their monkey can develop a coin on the ethereum network giving ethereum a false representation of growth. And developers for Lightning network isn't even counted with this model. A highly skewed article that to me states between the lines that LTC is about to go way up.
The wealthy are optimists who bought from pessimists and held until their future unfolded in front of them. The more cryptos you have the better imo. Translate it to fiat in your head much later or even better wait until everyone uses crypto and never convert it to fiat. Don’t make my ethereum mistake. Sure I multiplied my money times ten, but I could of done much better.
We don’t currently charge fees on currency exchanges, but Abra does generate exchange rate income on the spread between different currencies, which goes to cover our costs and generate a small profit for Abra. For instance, if you convert US Dollars to Bitcoin, or Ethereum to Ripple, there will be a small spread built into the exchange rate that you see on the app. I'm trying to find some quotes to see how bad it is, but the app won't let me quote without funds.