Just got yourself a new follower :)

I agree, however, you are talking on a different time frame compared to I am. There definitely are scenarios in which there is no logical explanation for price action however that is only on a purely

Not too sure what you mean by smart money. Can you explain?

It is very difficult to know exactly what twists and turns just like any market, however, the evaluation that I produced is in my opinion at least more than your average cause due to variance. In any case,

Feel free to follow, I plan on alternating my trading and philosophy articles

it's probably gonna drop a bit more along with other altcoins as the bitcoin cycle we are in is in full swing

Agreed, which is why I probably should have emphasized the word "may" more. This is just one possible route of many logical ones that may occur.

Beginning of 2014

The largest drop bitcoin had these over the years was 97% before it bounced back up. This is a fully unpredictable market, just hang on for now if not for the long term definitely

With the price in a downtrend, I think we can see a bear market in the works here with more and more people abandoning ship once they see a lack of returns for their investment.

I would have actually phrased this video a little bit differently and that would be that even smart people can be susceptible to dumb decisions. The way you talk makes it seem like this category of people

Now does the lack of volume necessarily indicate that crypto will produce a massive drop in price in the near future? Why can't it just continue sideways?

You've just stated exactly why one should buy ether since its based off of ether's smart contract.

Be cautious, volumes are still fairly low and any sizable dump could erase all of the gains.

If this network is on Ethereum, why not just buy more Ethereum?

One of the largest economies in the world is still quite an underrepresentation in a fully global contrxt for what adoption really should be right now to command the prices that it is even factoring in

I think this is noteworthy of only this case or ones within the vicinity. Regardless of what percentage of risk there is, it is still a risk, and the degree of this may or may not be compatible with every

I wonder how many people are actually going to take this for face value.....

When bubbles pop, you're looking at a 95%+ drop, obviously this is just a rough number. With highly volatile markets like this 61.8% is just one of those rainy days that come once in a while, it isn't

Valid point, using that kind of logic I can't really say that one school of thought is better than the other especially in the kind of market we're in. Only 1 way to find out... STEEM is great, one of