Don't sit still worrying about if BTC will go down further. Fight back by making BTC worth more than $10,000. Movement is being presented to make BTC worth more than $10,000. docs.google.com Mine 3 million BTC and buy gold to give the intrinsic value to BTC by making purchased gold to be used to back 17 M BTC already mined. Miners shall be paid the...
The problem of BTC is that there is no entity which can improve the value of BTC which is good in a way since decentralization is the base of BTC anyways. But, it is sad when the market goes down south, there is no mechanism that can stabilize the price since BTC price is not determined by supply and demand rather about 1 % of the whales dictate the price of...
LondonCoin will open the Google Doc for HODLers to participate in . Goal is to make BTC stable at above $10,000. Details will be provided later, but in nutshell; 1. Provide intrinsic value to BTC 2. Provide technical support to make BTC transaction faster If you want to participate in this project, email to info@londoncoin.io
steemit.com Recent crypto market is taking a beating which is the reflection of state of mind by the whales whom own about 75% of cryptos as being only 1% of the holders. Clearly, the crypto market is not based on the traditional supply-demand model. It is the will of the whales which determines the crypto market direction. Then, what made the recent big drop...
If you started back in May 2017 with BTC, ETH, and DOW index, investing in ETH and BTC will beat DOW even with current downfall of crypto market. DOW index will never give you the opportunity to make 10,000% profit, but cryptos can. The name of the game is to find the crypto that is low priced with high profit potential business model and technology- usually...
It seems the crypto prices are taking a beating unreasonably. Not because of technical and BM deficiencies of these 1st generation cryptos have, but the factors influenced by outside of crypto industry such as greed, fear, and or regulations. Comparing the recent drop in crypto prices are definitely overshoot of normal behavior of people. These drops only...
Press Release 2018-11-05 Accumulating gold backed cryptocurrency LondonCoin released a new core which is fast, safe, secure, and scalable at www.londoncoin.io. LondonCoin will be developing the next generation open source core in order to expand the blockchain and cryptocurrency industry as well as the communities who want freedom. The first generation...
On WEX exchange, someone is trying to pump up BTC to $8,400 range. If this is done by whale, BTC price will go up to $8,000 range soon. If this is the work of guy who bought BTC above $10,000, he will lose. Looking at the other exchanges showing all strong sell, he may lose again by the arbitragers. Check out LondonCoin who will release new core that is fast,...
IOTA can be a great coin if and only if it works. As I remember, the algorithm IOTA is using called Tangle had many problems including security issue found by MIT researchers which was fixed. But people complain about the wallet does not work properly and the consensus core was not decentralized. Tangle would be outdated if Hashgraph comes up with public...
There is a similarity in BTC price and internet company price such as YahooJapan; yhoo.it These two prices peak once and come down, never go up to the the peak again. But then there is a difference; YahooJapan at least generate revenue to create the value where BTC creates the value based on FOMO. The value of crypto currencies are in the vision to...
You can not make profit by buying BTC that is already high. Just a reminder, it took about 4 years to go from $100 to $1,000. If history repeats, only then, it will take another 4 years to go from $6,000 to $60,000. But then in between these years, there will be mind blowing developments can happen in crypto industry. Will you take a chance of BTC run over...
Sorry ETH HODLers, Study the new technology called DAG before you make any decision on ETH investment, or in that matter BTC too. Talk to the experts who is technically competent. 100% ETH compatible new consensus core will be released for public trial soon. This is the aBFT based DAG core which is decentralized, fast, secure, and safe consensus...
When people buy Bitcoin, there is only one reason which is to make money. This can be done to buy low and sell high. Then why people think bitcoin price will go up? Because of FOMO? Maybe. Or foreseeable mass adoption as a payment? => This has nothing to do with the value of the 1st generation coins such as BTC nor ETH. But if you see Goolge Trend chart,...
By now people who have done their homework should know BTC is not as useful as it was supposed to be. 1. Slow transaction speed and high mining fee make BTC as good as an arrow when everyone is using a pistol in a war. 2. BTC by itself does not have intrinsic value other than FOMO(Fear of missing out for limited 21M BTC) such that eventually BTC will not...
If you are not knowledgeable in crypto technology, this article will be waste of your time. Study and invest, there is a great intro. course by Princeton Univ. on Bitcoin. As you can see, there were a lot of ETH got traded recently. ETH compared to BTC has usage called smart contract which is widely used for dApps, unfortunately the core of ETH is too slow(12...
Best position to take on Bitcoin is to sell at which you bought. There are 3 reasons for this; 1. Regulation: Government all over the world is trying to regulate cryptos, this is good news for the well designed next generation cryptos but bad news for the 1st generation cryptos with PoW or PoS consensus cryptos since the mining fee is increasing fast to make...
To my amazement, there are so many crypto analysts and fund managers with little knowledge of technology behind it. This is so important since it can be the game changer. Having said that then the question is what is the intrinsic value of Bitcoin? This can be explained by three factors; Technology, Business Model, and Community. Unfortunately, the 1st...