There is a lot change going on in the coin market cap top 200 this days and I don't know if I'm the only one who's aware of it. Could you believe new (4months-7month ago) listed token/coin claimed much slot in the CMC top #200 list. Are those old project which belong to the spot claimed no more profitable?
Your opinion
![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
If your only in this for 'profit', then you probably have the game all wrong!
Yes the coin market cap top 200 has changed considerably within the last year...
Most real and genuine alternative crypto currency projects (some with massive potential) have been seemingly displaced, forgotten or abandoned over equally or more 'worthless' tokenization i.e. similar to derivatives in financial markets.
-
https://en.wikipedia.org/wiki/Tokenization_(data_security)..."The concept of tokenization, as adopted by the industry today, has existed since the first currency systems emerged centuries ago as a means to reduce risk in handling high value financial instruments
by replacing them with surrogate equivalents."...
-
https://en.wikipedia.org/wiki/Derivative_(finance)
..."In finance, a derivative is a contract that
derives its value from the performance of an underlying entity." ...
So, now that the 'industry' has largely replaced long-term intrinsic value (proven in Bitcoin code), with short-term 'greed' i.e. tokenization and derivatives - how can we expect to truly leverage that original value or worth?
...
Between 2013 and 2017 I spent a lot of my time on this forum in the Altcoin boards - for good reason.
In one of my posts (which I will search for and {link here}) I stated that Bitcoin's value was now effectively backed by Pizza, Haircuts and Alt. coins.
In another post I also stated that most of these altcoin crypto currencies (bitcoin clones) would simply eventually disappear.
...
Avoid eventual
de-tokenization and re-focus on what actually
builds intrinsic value in the markets you are looking to 'profit' from.
Here is the original bitcoin.org website:
-
https://web.archive.org/web/20100327210623/http://www.bitcoin.org:80/faq..."
What is Bitcoin’s value backed by?
Bitcoin is valued for the things it can be exchanged to, just like all the traditional paper currencies are.
When the first user publicly announces that he will make a pizza for anyone who gives him enough Bitcoins, then he can use Bitcoins as payment to some extent - as much as people want pizza and trust his announcement. A pizza-eating hairdresser who trusts him as a friend might then announce that she starts accepting Bitcoins as payment for fancy haircuts, and the value of the Bitcoin would be higher - now it would be backed by pizzas ''and'' haircuts. When Bitcoins have become accepted widely enough, he could retire from his pizza business and still be able to use his Bitcoin-savings.
Currently, Bitcoin is in beta development stage, and some new features need to be implemented before the system is well suited for real use. The system already works on the basic level, though, and you can trade with it if you want to."...
That was probably written by Satoshi (or with his input), and yes whilst Bitcoin had to start somewhere ... do you see any mention of tokenization or derivatives in 'fake' financial markets. None whatsoever - just real world examples of actual 'local' currency being used buy people and businesses.
'We' have lost our way ...
The world's elite and the bankster's are asserting and utilizing (effectively stealing) Blockchain technology to their own ends ...
'Criminals' are continuing to create fake ICO's and 'SCAM's' for folks to 'invest' in ...
So, please continue to sell them your Digital Gold in exchange for representative Plastic Buttons and I will see you at The Restaurant at the End of the Universe.
*This post does not constitute financial advice whatsoever*