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Showing posts with the label cryptoblog

Crypto Market Update

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In my best estimate, the price of Bitcoin (BTC) is going down in the short term. Some traders online are saying that the BTC price will hit $8000 once again. I’m waiting for more deals to appear before making new moves.

Some facts that are true regarding crypto right now are that social media companies are censoring posts related to crypto. As I mentioned in a previous post, some of the 2017 crypto growth is attributed to social media related to crypto. If censorship by major media continues, it will be harder to educate new users about crypto using these channels and onboard them. Another major marketing point which attracts new users is increases in the price of cryptocurrencies as highlighted by the news. If the price does not move up quickly, then this marketing bullet simply does not work.

Also, since Coinbase was forced to stop allowing credit card transactions, new gateways and onramps to crypto have slowed down. If you would like to know my opinion on new value drivers for cr…

Crypto Blogs to Read:

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Below you will find some great Crypto blogs to read about what is happening in this industry. Enjoy!

https://blog.coinbase.com/

https://blog.kraken.com/

https://blog.blockchain.com/

https://gemini.com/blog/

https://blog.bitmain.com/en/

There are tons more, but this is a good start.