Here's the two minute read with lots of good insights as to where crypto-currencies are right now:
Link To Analysis
The mining algorithm that secures Bitcoin has a certain effect on the the value of each Bitcoin: increases in mining difficulty lead to an increase in the cost of mining each Bitcoin, which theoretically should increase the price as miners will not want to sell at a loss (although it has been speculated that the recent falls in the price of Bitcoin is resulting in miners being forced to sell at a loss, something that may lead into an increasingly vicious downward cycle - see the MIT article link below).
But as the future of cryptocurrency evolves, it may turn out that the “market cap” of each cryptocurrency project will begin to reflect more and more the value of the services being built around that project and the actual use of the cryptocurrency for its intended purpose, something that it would not be accurate to say has driven the increase in market cap of Bitcoin over the past few years.
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Like I've been saying... many of these coins really... have little to no value now or in the future IMO.
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Bitcoin Stew
very technical but interesting and important
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And speaking of complex... did you know what happens in your computer and world when you type Google.com into a web browser?
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MORE SOON
