Bitcoin, well. We finally got over the 10k hump and even hit 11k and now we are back to uncertainty. The good news is people are accumulating all of the FUD seems to have disappeared. We are back to bitcoin being btc, the problem is the lack of news or hype right now. There does not seem to be much to look forward too on the markets. Everyone seems to be invested for the HODL now. In my opinion, like a solid 15-20% of coins are being HODL'ed. We see this cause a lot of problems. When only half of the supply trades on the open markets and we see a 10% gain in the coin. Some HODL'ers will sell. Putting a lot of sell pressure on the smaller buy orders not allowing for many of the big gains we used to see which is quite sad. The good news is we are nearing stability on the markets which is key.
So now here is my big problem with exchanges. We have (all exchange users) millions upon millions of dollars invested into POS coins that we make absolutely no money from. The exchanges are said to only make 0.5% fees, well this is false. There profits from the POS staking of coins that aren't theirs is insane. I cannot even begin to imagine and I want this to change. I am okay with them talking 50% of my pos profits and so on but I need my coins to grow somewhat. I am done with holding thousands of dollars or RADS, PIVX and STRAT that maintain the same quantity when I know they should be growing. I want it to change!
Lastly I want to talk about the lack of interest and motivation I am seeing in the crypto space. I see less aggressive investments, less risk. We are all becoming too passive. The huge steemit guys are chilling on steemit and making bank. The massive buyers are holding. ICO's are slowly fading (thank god). I think we are suffering from a lack of new and reliable things. We all hear that sumo is better than monero but sumo can barely pass 4$. We need people to put money where their mouth goes and invest a little more carelessly like before. Because everyone I talk too is buying top 50 coins and following the binance train.... Oof!
Hope you guys had a nice read and comment on whatever you want to talk about or if you have any questions. If you want to join a super active discord please hop into this group: https://discord.gg/NsQEzC5
