They are just generic liquidity coins along the lines of tether that enable exchanges to be able to not have to use their own currency, or tether. During sell offs/corrections, they will inflate like hell as they are stable during crashes, and some people don’t even know they are not selling their crypto for fiat.
Anyhow, just a sign of the times and they will drop during a bull run.
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oh ok... strange but that makes more sense. strange how this market still fumbles around and is so odd in its configuration. but i guess when you think about the u.s. dollar and federal reserve system, it's not so weird after all ! (-:
Haha yah. It is definitely the Wild West. So good for my old brain to be figuring out new riddles and opportunities.
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life long learning... stay strong !
Definitely. If you don't spend the next 5 years learning, you have wasted 5 years!
This is handy too when understanding utility and security tokens.
https://steemit.com/finance/@pangoli/let-s-talk-about-utility-assets-and-securities-differences-and-similarities