Bloom ( the monster that is waking up)

[matteo96]

The aim of Bloom token is to build a global identity, risk assestment, and credit scoring system on the ethereum blockchain.

This includes the loan industry, a sector worth hundred of billions of dollars each year.


After pumping to 15k sats , the token has now formed a very promising double bottom around 2k.

Considering the very small market cap (10 millions), this is the easiest x10 on the market right now

Tomorrow we should also know the  date of the mobile app release(expect a pump around that date), and probably it will be listed on binance soon(it's on bittrex since 1 month and erc20 tokens are really easy to list)

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[oaks05]

i can see it pumping nicely after we get out of this bear market, ive been taking a look at bloom on and off for a while now.

[NutMasterTardd]

Bloom is very much under the radar, IMO a big opportunity to buy at half the ICO price right now.

[matteo96]

Well, when i wrote this post i was wrong about the timing

I thought that the bottom was 2k but we managed to go even lower



But still, this is the bag on wich i am most bullish .

Not , at the worst point of this bear market, It hit a market cap of 4 millions .

I see It doing at least a x20 when the market reverse, mark my words


Moreover , they recently started to collaborate with BMW,   a huge news that for now went almost unnoticed

Do some research and you will thank me later

[NutMasterTardd]

Well, when i wrote this post i was wrong about the timing

I thought that the bottom was 2k but we managed to go even lower



But still, this is the bag on wich i am most bullish .

Not , at the worst point of this bear market, It hit a market cap of 4 millions .

I see It doing at least a x20 when the market reverse, mark my words


Moreover , they recently started to collaborate with BMW,   a huge news that for now went almost unnoticed

Do some research and you will thank me later

Not expecting this bear market to end anytime soon but sideways is better than down. I think next year might be a good year for Bloom.

[hemendrachauhan19]

I looked into bloom after looking your post today, didn't knew about it before. I don't find anything intriguing about it though, there are so many projects which is working on the same line of protecting the identities on blockchain. But none of them yet succeeded, one cause could be the bearish market trend of 2018 and other could be that people are not really interested into ID's being encrypted over blockchain technology. Also if you'll see there are so many projects which ask for KYC when joining there ICO but they themselves don't hire any blockchain based project for doing so. It shows that even the blockchain people are not that much interested into this section of technology. Let's see how it pans out in the bull market, this is crypto space after all, anything can happen within weeks.

Personally I'm not interested in these projects and ideas.

[matteo96]

I looked into bloom after looking your post today, didn't knew about it before. I don't find anything intriguing about it though, there are so many projects which is working on the same line of protecting the identities on blockchain. But none of them yet succeeded, one cause could be the bearish market trend of 2018 and other could be that people are not really interested into ID's being encrypted over blockchain technology. Also if you'll see there are so many projects which ask for KYC when joining there ICO but they themselves don't hire any blockchain based project for doing so. It shows that even the blockchain people are not that much interested into this section of technology. Let's see how it pans out in the bull market, this is crypto space after all, anything can happen within weeks.

Personally I'm not interested in these projects and ideas.

Can you give me some example of credible competitors? Thanks

[hemendrachauhan19]

I looked into bloom after looking your post today, didn't knew about it before. I don't find anything intriguing about it though, there are so many projects which is working on the same line of protecting the identities on blockchain. But none of them yet succeeded, one cause could be the bearish market trend of 2018 and other could be that people are not really interested into ID's being encrypted over blockchain technology. Also if you'll see there are so many projects which ask for KYC when joining there ICO but they themselves don't hire any blockchain based project for doing so. It shows that even the blockchain people are not that much interested into this section of technology. Let's see how it pans out in the bull market, this is crypto space after all, anything can happen within weeks.

Personally I'm not interested in these projects and ideas.

Can you give me some example of credible competitors? Thanks

For the digital ID part, SelfKey is doing same, infact they have introduced there marketplace too.
For the lending part, I can think of Lendroid, EthLend, SALT

[matteo96]

I looked into bloom after looking your post today, didn't knew about it before. I don't find anything intriguing about it though, there are so many projects which is working on the same line of protecting the identities on blockchain. But none of them yet succeeded, one cause could be the bearish market trend of 2018 and other could be that people are not really interested into ID's being encrypted over blockchain technology. Also if you'll see there are so many projects which ask for KYC when joining there ICO but they themselves don't hire any blockchain based project for doing so. It shows that even the blockchain people are not that much interested into this section of technology. Let's see how it pans out in the bull market, this is crypto space after all, anything can happen within weeks.

Personally I'm not interested in these projects and ideas.

Can you give me some example of credible competitors? Thanks

For the digital ID part, SelfKey is doing same, infact they have introduced there marketplace too.
For the lending part, I can think of Lendroid, EthLend, SALT

i took a look at selfkey and it's interesting, i think that they can co-exist, the success of one does not mean the failure of the other, in this ecosystem

ethlend and BLT are not competitors but are actively collaborating. Source: https://medium.com/@Aave/ethlend-partnering-with-bloom-for-providing-credit-scores-to-decentralized-lending-a1e9c03ede4e

[randythered]

The aim of Bloom token is to build a global identity, risk assestment, and credit scoring system on the ethereum blockchain.

This includes the loan industry, a sector worth hundred of billions of dollars each year.


After pumping to 15k sats , the token has now formed a very promising double bottom around 2k.

Considering the very small market cap (20 millions), this is the easiest x10 on the market right now

Tomorrow we should also know the  date of the mobile app release(expect a pump around that date), and probably it will be listed on binance soon(it's on bittrex since 1 month and erc20 tokens are really easy to list)

The situation from a TA point of view is similar to that of most altcoins. They mostly pumped early in the year or late last year and now have hit a fairly solid bottom. Not only is bloom a monster waiting to wake up but the whole market is in that state. I feel like bloom is a bit far ahead of the blockchain adoption curve. It's mostly going to be financial based coins or infrastructure coins that get good attention before people start considering alternative options.

[matteo96]

The aim of Bloom token is to build a global identity, risk assestment, and credit scoring system on the ethereum blockchain.

This includes the loan industry, a sector worth hundred of billions of dollars each year.


After pumping to 15k sats , the token has now formed a very promising double bottom around 2k.

Considering the very small market cap (20 millions), this is the easiest x10 on the market right now

Tomorrow we should also know the  date of the mobile app release(expect a pump around that date), and probably it will be listed on binance soon(it's on bittrex since 1 month and erc20 tokens are really easy to list)

The situation from a TA point of view is similar to that of most altcoins. They mostly pumped early in the year or late last year and now have hit a fairly solid bottom. Not only is bloom a monster waiting to wake up but the whole market is in that state. I feel like bloom is a bit far ahead of the blockchain adoption curve. It's mostly going to be financial based coins or infrastructure coins that get good attention before people start considering alternative options.

I agree. Most of altcoins just have this beautiful chart ahahah


Being down 95% and things like that to ridicolous levels, they offer huge opportunities for people that are so licky to enter the space now


But. I also that lot of them can just not recover. Hundreds of alts were just vaporwave, no prospect of use cases and products

I think that the coins that have most chances of recovering are the one like Bloom, with solid development behind , and targeting huge markets

[randythered]

The aim of Bloom token is to build a global identity, risk assestment, and credit scoring system on the ethereum blockchain.

This includes the loan industry, a sector worth hundred of billions of dollars each year.


After pumping to 15k sats , the token has now formed a very promising double bottom around 2k.

Considering the very small market cap (20 millions), this is the easiest x10 on the market right now

Tomorrow we should also know the  date of the mobile app release(expect a pump around that date), and probably it will be listed on binance soon(it's on bittrex since 1 month and erc20 tokens are really easy to list)

The situation from a TA point of view is similar to that of most altcoins. They mostly pumped early in the year or late last year and now have hit a fairly solid bottom. Not only is bloom a monster waiting to wake up but the whole market is in that state. I feel like bloom is a bit far ahead of the blockchain adoption curve. It's mostly going to be financial based coins or infrastructure coins that get good attention before people start considering alternative options.

I agree. Most of altcoins just have this beautiful chart ahahah


Being down 95% and things like that to ridicolous levels, they offer huge opportunities for people that are so licky to enter the space now


But. I also that lot of them can just not recover. Hundreds of alts were just vaporwave, no prospect of use cases and products

I think that the coins that have most chances of recovering are the one like Bloom, with solid development behind , and targeting huge markets

Yeah, it's a case of only a few now will actually recover to their previous ATHs and beyond. The rest will very slowly trend towards zero. Picking exactly which ones have the best chance of recovering isn't an easy task. As I said I do feel bloom may be a bit early due to the limited adoption of blockchain and cryptocurrencies at this present moment. Definitely it's one to watch for the coming months.

[matteo96]

Well, it's starting


And you are missing it...

[leea-1334]

There is only one monster that is sleeping now in the world of >2000 cryptocoins and that is the one and only Bitcoin. Say whatever you want, point to all the coins that x10 or x100 but Bitcoin x100000 and never looked back,,, only now it is in deep sleep and waiting to reemerge from the darkness to show the rest of crypto how it is done.

I entered some alts at <90% ath thinking I was smart and some still lost 50% value! Of course come the alt season I can be happy again. But let us not think this is an easy "game".

[matteo96]

a quick update on this :

i was completely wrong on the timing


lending on bloom platform will start on 2019 and in this general market crash , somehow it managed to reach 1000 sats and  a 2 millions market cap.



But i'm still holding and i still believe that this project has a huge potential.


Expecially for people buying now at 5 cents.  Even just reaching the past ath, would bring it to 2.25$, an astonishing x45 from here

[TheReverend]

but not for now, you can see the decline in bitcoin prices, even the market cap is only 1.8M for now.
even though the market conditions are good for now.
I don't know in the future whether Bloom will follow the BTC price movement or not, because what I see is that it doesn't follow like the others.

[matteo96]

but not for now, you can see the decline in bitcoin prices, even the market cap is only 1.8M for now.
even though the market conditions are good for now.
I don't know in the future whether Bloom will follow the BTC price movement or not, because what I see is that it doesn't follow like the others.

i agree..
but a chart is a chart, it is forming a promising double bottom at 1000 sats, and after a 98% drop a big bounce is very likely

[EscrowService28]

The aim of Bloom token is to build a global identity, risk assestment, and credit scoring system on the ethereum blockchain.

This includes the loan industry, a sector worth hundred of billions of dollars each year.


After pumping to 15k sats , the token has now formed a very promising double bottom around 2k.

Considering the very small market cap (10 millions), this is the easiest x10 on the market right now

Tomorrow we should also know the  date of the mobile app release(expect a pump around that date), and probably it will be listed on binance soon(it's on bittrex since 1 month and erc20 tokens are really easy to list)

I have heard about Bloom, and it was mentioned that it is standardized, secured and global access to credit services and lastly a programmable ecosystem. It has a novel approach on the credit risk assessment which allows the traditional fiat leaders and the digital asset lenders to have an issue complaint loans on the blockchain while increasing competition to lower fees and improve the borrower experience at every layer of the credit issuance process.

Bloom is a platform  that provides solutions to cross-border credit scoring and identity fraud while at the same time expanding credit globally to 3 billion new individuals and improving scoring methodology for all 7 billion people.

It is built on Ethereum and IPFS, and will definitely bring credit to the modern age with an end-to-end protocol identity attestation, risk assessment and credit scoring.

[VasyaPupkin]

Bloom is very much under the radar, IMO a big opportunity to buy at half the ICO price right now.

I would like to ask how many such monsters were there to convince me that the next one of them is really worth attention. We'll see, but it’s still too early to draw conclusions.