Bringing Scientific Rigor to Medical Research Using Blockchain Technology  

That Walmart-like availability can Bitcoin Code Review also lend to knee-jerk emotional reactions that can snowball in either direction. With the traditional stock market people have a chance to hit the pause button and sleep on their decisions overnight.Here is a side by side comparison over the past week (3-3-18 to 3-10-18). The Dow (due to 20 of the 30 companies that it consists of losing money) decreased 1330 points which represented a 5.21% decline.For cryptocurrencies finding an apples to apples comparison is a little different because a Dow doesn't technically exist. This is changing though as many groups are creating their own version of it. The closest comparison at this time is to use the top 30 cryptocurrencies in terms of total market cap size.According to coinmarketcap.com, 20 of the top 30 coins were down in the previous 7 days. Sound familiar? If you look at the entire crypto market, the size fell from $445 billion to 422 billion. Bitcoin, seen as the gold standard equivalent, saw a 6.7% decrease during the same time frame. Typically as goes Bitcoin so go the altcoins.While the fall in prices seems to be similar, I find it interesting that the reasons for this are vastly different. I told you before that numbers can be deceiving so we really need to pull back the layers.According to USA Today, "Strong pay data sparked fears of coming wage inflation, which intensified worries that the Federal Reserve might need to hike rates more often this year than the three times it had originally signaled."Since crypto is decentralized it can't be manipulated by interest rates. That could mean that in the long run higher rates could lead investors to put their money elsewhere looking for higher returns. That's where crypto could very well come into play.It's mainly due to conflicting news from several countries as to what their stance will be certainly impacts the market. People worldwide are uneasy as to whether or not countries will even allow them as a legal investment.This past week saw some favorable news from the congressional testimonies of Jay Clayton (SEC Chairman) and Christopher Giancarlo (CFTC Chairman). The sense was that while they wanted to eliminate bad players and ensure AML laws were followed, they wanted to also allow for innovation.