Hello there everyone. So i follow poloniex chat (that's where i've started) and lots of forums about crypto since january 2017. My friend reccomended me to invest in ETH in january, but i didnt listen, just decided to look at all this fuzz with cryptocurrencies. Now i have invested a little, really not so much, so you could say i am a pumper-dumper-troll. Here are just some of my thoughts on crypto and ill start with:
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BITCOIN:Plusses to invest:
1) Even some homeless guy in siberia heard smth about it.
2) Summer is coming and it is all started with buying drugs on darknet. Most of sellers still use BTC to sell drugs. LALAlife is near, everybody wants to buy some maryjane and what they see: "HEY! I've bought some bitcoins last summer for 1000, wtf is the price now? 1500? Is this crypto still growing? Maybe i stop smoking and try to understand all this thing about bitcoin or whatever, maybe even invest now, maybe it is not to late?". So this guys start looking for some info. Maybe 1/10 buys some for investment = price continue to grow!
3) It was first and it is first in CCMC with $25 800 000 000
Why i dont invest in bitcoin:
1) Blockchain>bitcoin. And there are more interesting projects for me, if we look in future (at least ~1-2 years). By projects i mean ideas, technology, philosophy.
2) I see only 1-3 (max, really 3 is MAXimum!!!) live cryptos in future. Why? Read about plusses of all blockchain technology, most of all it will be usefull for FinTech, banks, insurance. So as i see bitcoin now, it is not fast (speed of transactions), it is not private (that is main plus for many people, that is how it all have started, PRIVACY!), 80% of it is almost mined and price still ~1500, something wrong there?
When you start searching info bout crypto, second thing you see is:
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LITECOIN:As for me, i think this coin is really a bullshit, full zero, big baloon. HEY, i am not trolling, really, just look:
The main difference from BTC is speed of transaction. Even not much faster!!!
You all, just think, why is it so popular? Because some stupid football hot-dog eaters dont want to hold 0,XXXX BTC on their wallet, they want f*ing large check, round ammount, you know. They want X000 on their wallet. That's how i thought at start, when looked at the price of BTC, i thought "Hey, it is so expensive, maybe i better buy some LTC and it will grow to the price of BTC one day". But why? Why should it grow?
Circulating supply - 51 000 000
CCMC - 1 250 000 000
WHAT? It is up to you, as for me, i think there is nothing behind this shitcoin, no innovative technology, no new ideas, it just lives thx to some yobbos, dorks whatever. IMHO jeezz.
I continue with the crypto, that is known mostly by its creator - squarehead Vitalik:
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ETHEREUM:New tech, new idea, new philosophy, all brand new blockchain box from real genious. I am pumping, just listen:
1) It is not only a currency, it is a core, it is a new idea. You can build your own tokens on ETH. I am not pro, you know. I cant be pro in background of technology reading only pump-shit all over the internet. But as much as i have read, i understand (you simple user understand), that ethereum can be real future of money, applications, banking system, whatever. Moreover there is a great team behind it.
Yeah, i've seen this news about hacking DAO, or what happened there, i dont really get. I Dont Care, really, i see that they are alive, they are solving problems, this team is working, it gets big investments, it is already well known among those who heard smth bout bitcoin. THE PRICE IS GOING UP!!!
I see only
1 minus of ETH. Circulating supply is almost 100 000 000? Wow, that is to much guys already, dunno what will be on PoS, but you should really think bout limiting it.
As for me, even before litecoin, in 2017 i saw some news about...
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ZcashOne of ma favourite coin.
Lets just imagine all governments, most legal platforms deny blockchains/cryptos, because of "something". Lets imagine it is all forbidden and highly controlled. Lets imagine blockchain didnt find any use in real life.
Then what? Where and when can i use cryptocurrency? Oh wait, as we all know it is all started, when you try to sell/buy drugs on TOR. So we go back to bitcoin or...
Imagine yourself selling cocaine or you are really the bad guy selling heroine. So you are looking for the best ways to get money on your wallet and you find out, that bitcoin is not anonymous and secure at all.
I dig it deep, i saw bitcoin going to upgrade itself by implementing smth, that will make it more anonymous, BUT, you'll read there, that at the same time it will be more difficult transactions, more times spend on sending/receiving. So this bad guys have some choice here:
Monero/Dash/Cloak/Zcash.
Monero - not fully anonymous - that is what you read on wiki. It is enough for me. I already dont like it, sorry monero, go to wiki and clear this info every day.
Dash - preissue problems. Thats all negativity, cant say more about it. But i still prefer ZEC, because it is NEW. It is like Xbox360 vs PS2020
Cloak - info? trading volume? where are you cloak, what are you, are you invisible? Ok then, forget this...Marketing and being well known, easy to find info is a big thing in crypto now.
Zcash - sounds good, like a sound of a coin falling on the floor. I like logo. Latest tech in cryptography. I like their team, they all look like nerds, like 4-eyes pr0s in cryptography. I saw some movies about cryptography, it is a f*ing genious business. Great team, great idea.
Oh, they take 20% of mined ZECs to themselves what a pitty. They say, that this money goes on developing their child. As i told you, Zcash was second coin i saw on the internet in 2017, searching for some info. Means this guys REALLY invest money on developing/marketing. Idc if 1 of this bigheads buys lambo on ur mined coins. I just hope, he wont crash with go-go girl under cocaine and he will be in a good mood at monday to work on privacy, defence of Zcash.
21 000 000 to be issued (same as bitcoin). This looks like same BTC, but a lot more private. Even if i buy pomidoros and potatos on internet with crypto, i want to stay anonymous. It is really viable for me. Isnt for you?
This is a bit easy and i go to next alts, first to like was:
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RippleBanking, banks, bank of england, bank of n-country, y-country bought ripple. Really, thats what info you face with ripple. It was enough for me with seeing it in top 3 CCMC. Good idea with preissue, with not mining it, with this fees on transactions, fast transactions. They say about themselves like a bridge among fiats. I hope someday they become an easy bridge crypto-crypto, crypro-fiats.
I hope (bought myself 5000 XRP) it will go for 1$ one day.
And I'll end with:
"+ AUGUR vs - GNOSIS"Looks like same thing, same idea, even 1 face of Vitalya in advisors of both projects. My opinion the price of gnosis is highly pumped.
P.S. Vitalik stop giving advices, go better hack pentagon, facebook, un, nato, putin with your ETHworm.
Aaaand:
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LiskI like it is fully written on JS, but it looks like nobody of the team cares about their project, you start searching and see empty topics, forums, low info, almost 0 marketing. Though i think it is a great idea - crypto fully on JS. It can work faster with lisk by inventing super-puper-mega-app. It will be just much more easy for a common user.
I have some ideas on NXT (ardor) and NEM, but i didnt dig deep, would like to see your ideas on this 2 cryptos.
Sorry, my english is not perfect, but i hope you understand everything.
If you already hate me, then looking forward for your replies.
If this somehow was usefull for you, say thx by
:
BTC - 185tjdyyh2XAc7oG421ckJGhMedRuhbNvv
ZEC - t1WYcAoPF7aQNbnnh49RjnQsNLc7qvqJw27
ETH - 0xaaf4f18d4b79047294b2ca6477784cdd449fdf5e
XRP - rno1vZayGvkHFdkTQFSb5VH3egdohyCu11
I know, Arabian generous guy, you want my dreams come true
