Crypt0's VLOG: Steem Dollar = Best Hedge Option During Crypto Market Panic?

in #steemit7 years ago

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Woot, full-length Steem plug!

Why would you expect a pump right before a very risky event in Btc, exactly?

Steem Dollar seems like a legit bet...

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@crypt0 is there a ways to Auto upvote your posts... I sometimes upvote you on youtube when I am not on Steem and you get nothing for that upvote. I want to make sure you get upvoted consistently on steem.

Some people may object to this but I believe that every video you publish is important to get rewarded that way you can only make progressively better content while adding transparency to the community helping us stay in the know.

Well done post You deserve for getting Upvote from me. I appreciate on it and like it so much . Waiting for your latest post. Keep your good work and steeming on. Let's walk to my blog. I have a latest post. Your upvote is high motivation for me. Almost all Steemians do their best on this site. Keep steeming and earning.

This comment has received a 0.07 % upvote from @booster thanks to: @hamzaoui.

I'm pretty skeptical of the hero. There are some shady people involved.

Note: this thread may make you facepalm:

https://bitsharestalk.org/index.php/topic,22957.0.html

TLDR: Organizer of Heronomex conference revealed as Banx Scammer, stage partner of Heronomex conference revealed as mentally unstable and affiliated with Banx, Stan revealed as guy who ignores these things and instead posts Emojis.

This is a perfectly normal correction. The market will recover for those coins that have valid use cases and hopefully it will shake off some of those coins without a use case.

@grizgal hope you find my excel research helpful

Average BTC correction: 66%
Min BTC correction: 38%
Max BTC correction: 91%

This really puts thing in perspective for BTC from 2009-2017
Best,
Isaac

This is great. I would like to see which drop each set of data refers to and compare this to the current drop. But good work. Thanks

excellent! thanks!

I agree with you that coins with a valid use would survive and recover after the drag down but for most of the coins (there are at least 952 of them) would go permanently down with the bubble brewing.
the opportunities are real as with the risks. We must tread and choose wisely.

Indeed. Picking the right ones set us up for success. Then Hold onto them.

Yep. That's the idea.

The cream will rise to the top.

I agree the correction is really one of shakinging off or shaking up those shit coins to get their acts together. IMHO one would be better off rolling up their value into what I call master coins. ETH ETC BTC DASH BTS XMR ,etc.

I think it's just a standard correction. However, I believe that the market will go sideways for a bit longer but with trend going more towards the lower side. It's a good time to acquire coins that you want to hold for a long time.

Litecoin has proven to be a pretty solid hedge as well during this correction (assuming you don't want to go to Fiat)

Litecoin has been remarkably resilient. It went from $28 to $50+ and now hovers around $40 and change.

I know - it's great! I think a lot of BTC folks decided to hedge in LTC while the community sorts out the segwit debate.

I sank a lot of my portfolio into Litecoin too. I have a feeling that it's gonna pump well over $100 in the next 3 - 4 months.

Litecoin for life! Once Litecoin adds smart contracts (likely later this month) and once it implements the lightning network (likely between Sept-Nov of this year) it will starting getting a lot more attention, attention it rightfully deserves.

Prediction: With this Bitcoin will NOT hardfork and instead Bitcoin and Litecoin will work basically in tandem to become an almost unstoppable team (each with their own unique use cases).

Very good)

I like using Vualtoro.com
It's a site that let's you trade between gold and bitcoin, And you can also have the gold sent to your house if you wish.

sounds good would look it up. How long have you traded on the platform?

I heard about it about 3 months ago, but I've only been using it this month, due to the downtrend. The fees start of quite high, but they go down the more you trade.

a good vlog