I agree with you. How its possible? In the Karbowanec copmletely anonymus ?
Which blockchain use Karbowanec? Not bitcoin blockchain, another one?
First of all. Nothing is completely anonymous. Maybe the payment itself. But what is the purpose of a payment? Right. To receive a goods or services. And this is the weak point of any transaction. So, if the devilery of the product or service is not anonymous the whole process is not. But seriously who for God´s sake considers any cryptocurrency as a method of payment but rather a method of investing? I do the later one. And if you do so too then the ascpect "anonymity" is not crucial. Its must be limited and therefore unhackable, well known and user friendly. Thats it - if you ask me.
If you are searching for something similiar but better then Bitcoin than try DECRED. It is Bitcoin with a voting system which Bitcoin itself does not own.
And if you are searching for somthing similiar but better than Karbowanec then try MONERO. Its simply the best in point anonymous payment with RingCT (Ring Confidential Transactions) which Karbowanec itself does not own. MONERO is also better than DASH. Dash only has a good user interface but technically its much worse than MONERO.
And if you searching for something that the industry is interested in then try ETHEREUM (made by prodigy Vitalik Buterin). Its the ne plus ultra of cryptoindustry. It is Bitcoin + Sidechains + Smart Contracts is backed by several wellknown companies as JPMorgan (greetings to Jamie Dimon
- he now regrets to have charged Bitcoin with the term "fraud" which of course is not the case but he named some heavy critical aspects in this video:
youtu.be/40OuVyVGdIM ) ... ok - Ethereum is back by JPMorgan, Intel, Microsoft and others).
If you are searching for something that could be practical in usual business then RIPPLE could be the thing.
Karbowanec itself has nothing unique if you ask me. I would prefer MONERO. But who knows? It has at least a story of a formerly wellknown currency in the Ukraine. It belongs to the better cryptocurrencies of the roughly 900 ones. (I dont want to mention the Tokens which are out of the question, if you ask me). A plus of Karbowanec is its high grade of user friendliness (but this I am awaiting for any big cryptocurrency in the near future) and the developers-team which left a solid and serious mark to me. But thats only my impression. I do not know anybody of the developers team nor how many developers there are alltogether.
Please correct me if I have written anything wrong.
I would buy Ether, Bitcoin, Monero, Decred, Karbowanec and no Ripple (I did not understand the concept). In this order. IF and only IF you want to gamble. Because I like the cryptocurrencies, ok, to be honest I only love the increasing price curve. From my point of view any respectable so called cryptocurrency (its not a currency at all because it fails to own the usual tasks that a currency has to be able to deal with and any cryptocurrency is not able to substituy any currency like JPY, USD, EUR, UAH, RUR etc.) is a substitute good of gold - only because it is scarce. BUT you also could buy gold and I wonder why gold is not rising then? So for this reason I exclude the scarcity of bitcoin as the reason the people are buying it. Maybe the people are only buying it because it it brandnew and has some magic and everybody is talking about.
I would really consider that the cryptocurrency bubble is a remake of the tulip mania in 1637. The most expensive tulip was as much worth as a very expensive house. So - yes - maybe the Bitcoin could rise to 500.000 USD. It could be possible. Many people who have the money but do not know what really a cryptocurrecy like a bitcoin is, could buy more of it or at least fractions of it.
But after the top the bubble will burst - I am quite confident in this outcome.
The tulip mania in 1637 worked this way: In those days you have had the possebility to short the tulips and because its was so obvious that tulips are too expensive - like the bitcoin today - a lot of people were shortselling the tulips. They borrowed a tulip and sold the tulips at the market instantly under the assumption that the price MUST come down so they could cover their position in buying it later to a cheaper price. Then they gave back the tulip to the lender and voilà - they would have had a nice GAIN. They WOULD ! Because the crowd was so insane (like today) that everybody wanted to buy tulips ... so the prices rose higher and higher ... and now the shortseller ALSO against their own real belief had to buy because the risk is unlimited if you do a shortsell. So they had to cover while buying back for higher prices and not for lower ones and kept a nice LOSS. And in this way the whole process became a bubble.
And in this way it could work again. I am quite confident.
If the people get greedy they will buy on credit. Other people will shortsell the bitcoin. And then one thing comes to another. Everything will be rapid. The climax in 1637 remained only 6 month. I am sure this will be the outcome of the bitcoin bubble because the behavious of humans does not change. Its quite predictable. So I recommend to do nothing. Buy a stock or a house or gold instead of risky cryptocurrencies. The many currency exchanges like bitstamp etc. will all die if you ask ME ! Only then.
And maybe several government bans will be the reason for it - like Jamie told us - because, think ! ... If a bitcoin has a value of 500,000 USD then only the bitcoin has a market value of about 60 times of the market value of today which is 140 billion USD. Then bitcoin would be worth 8,400 billion respectively 8.4 trillion USD. Uh uh uh ... that makes me feel sick. Consider ..... a bank with this market cap or EVEN LESS !!!
Lehman brothers failed and was how big? Not even 1 trillion !!! So ... the more worthful bitcoin will get the more it is a threat for the case the bubble is bursting. And believe me. Neither the central bankers nor the governments want to have a next financial crisis. So I assume they will simply ban bitcoin and co in future.
And if this happens then oh oh oh it will get painful. Then the youngsters of you will experience what it means to be afraid of losing your worthful money. Then everybody will sell and the prices will go to almost zero again. Every generation has its own bubble. People do the same mistakes again and again and again. So it works. Its not a fraud but I would assume its will GET a bubble and if it will burst then we will have a serious global financial problem.
I have had the same thought as Jamie years ago. I would not have thought bitcoin to rise that much. But it was evident to me that the BLOCKCHAIN will change our alls life in many, many ways. The BLOCKCHAIN plays in the league of innovations like railroad, car, radio, phone, internet. It will make a lot of jobs needless. (but will also establish new jobs)
But the blockchain ... not even me have only a clue WHAT deep impact the blockchain will have. But i know it WILL have. The invention of the blockchain remembers me in a high degree to the invention of the commerzialisation of internet of the 1990s. And I consider myself to have a weakness for groundbreaking innovations.
So yes, Blockchain will stay. But you cannot bet on this. The most probable scenario for me is that Ethereum will make it and stay but also this scenario is just a scenario and not not safe.
It also could be the Karbowanec
(I am just joking. Sorry for you, but if you put everyting into equation the Karbo is more or less meaningless). But the future is not written today (at least not from our point of view), so lets follow the developements and maybe the Karbowanec will get bigger. I have no clue.
Regards
