I'm not convinced that any kind of Cryptocoin is good for a specific industry.
People who buy bitcoin want to sit on it as the value is going up, not spend it. As the value drops, people will want to sell it or spend it, but merchants will start raising their prices as the value of the coin drops. And if you plan to pay your models in crypto coin too, they won't be thrilled when the value drops either.
Quote:
Originally Posted by JFK
notice how, the crypto threads dropped , since the meltdown ?   |
Of course. I sold not too long ago as did many others I hope, and now everyone is just waiting for it to hit rock bottom. It looks like it has dropped $2000 in the last few days and isn't showing any signs of stopping. This is no fun, and of course isn't exciting, so no one's posting much about it.