Important: This position should not be considered as an investment council. The author focuses on real coins in terms of real use and adoption, not in terms of money or investment.
In 2017, the secret markets set the new standard for easy profit. Almost every piece or chip has made an amazing return. According to them, “a rising tide will throw all the boats away” and the end of 2017 was a flood. Prices have created a positive feedback loop, which is attracting more and more capital to Crypto. Unfortunately, this lucrative market is leading to huge investments. Money is wasted on all kinds of suspicious projects, many of which do not bear fruit.
In the present bear environment, courage and greed are replaced by critical evaluation and caution. Marketing promises, endless fetuses, and attractive discourses are no longer enough, especially for those who have no money. Well, the basic reasons for buying or holding a coin are again very important.
Basics in Cryptocurrency Review:
At least in the long run, there are some reasons why you tend to win the pump and price pumps:
Although cryptocurrency or ICO business technology may seem strange without users, it is just a dead end project. It is often forgotten that widespread acceptance is an important factor in making money. In fact, it is estimated that more than 90% of the value of bitcoin is a function of the number of users.
Acceptance of Fiat is state-mandated, but encryption is voluntary. Many factors play a role in the decision to accept a coin, but perhaps the most important consideration is the chances of others accepting it.
Distributing key intelligence is essential for real cryptocurrency. Without centralization, we are closer to the Ponzi scheme than real cryptocurrency. Trusting individuals or institutions is a problem – it tries to solve cryptocurrency.
Dispersal of a coin or central control can change the transaction record and jeopardize its basic security. The same is true for parts of the code that have not been thoroughly checked over the years. The more you rely on the code that works, the better the security of a penny, regardless of human influence.
Real coins try to improve their technology, but not for safety’s sake. Real technological advancement requires a great deal of expertise as well as very little wisdom. Although there are always fresh ideas that can be overlooked, doing so would be pointless if the main purpose of a coin is to expose vulnerabilities or critics.
Creativity can be difficult to evaluate, especially for non-technical users. However, if the currency code slows down or does not receive updates on important issues, it could be a sign that developers are weak on ideas or initiatives.
The economic benefits of a single currency are easy to understand for the average person. If a coin had a large pre-mineral or ICO (first class supply) the team had a large share of chips, then the main motivation was obviously profit. Play and enrich your game by buying what the team offers. Make sure you give realistic and reliable value in return.
5 currencies to buy in 2018
There is no better time to re-evaluate and balance your confidential portfolio. Here are five pieces that I think would be helpful to stick to your current depressive prices or maybe buy them based on their solid foundation (this can only be a warning).
# 1. Bitcoin (because it is decentralized)
The number one is Bitcoin (BTC), which remains the market leader in all categories. Bitcoin has a high price, a very high estimate, a lot of security (due to the amazing power consumption of Bitcoin mining), a well-known brand identity (the forks have tried to be appropriate), and most of them are developmentally active and rational. The future of Bitcoin trading in the US CME and CBO is still the only one represented in the traditional markets.
Bitcoin remains the main engine; The performance of all other components is closely related to the performance of Bitcoin. My personal hope is that the difference between Bitcoin and many others – if not all other components – is widening.
Bitcoin has many promising innovations that will soon be installed in the pipeline as additional layers or soft forks. Examples include flash system (LN), tree, Shonfer signatures, MiblWimband, and more.
In particular, we plan to open new applications for Bitcoin, as it allows for large, small transactions and fast and secure payments. LNA is stable when users try different options with real Bitcoin. As it becomes easier to use, the adoption of Bitcoin can be considered to be of great benefit.
# 2. Litecoin (due to persistence)
Litecoin (LTC) is a Bitcoin platform with a unique hash algorithm. Although Litecoin no longer has Bitcoin anonymous technology, surprising reports suggest that Litecoin’s adoption is now the second, only bitcoin in the dark markets. Although the role of access to illicit goods and services is the most appropriate currency, this is probably due to the longevity of Litecoin: Launched in late 2011.
Another thing in favor of Litecoin is the integration of Bitcoin SegWit technology, which means Litecoin is ready for LN. Litecoin may benefit from the exchange of atomic chains. In other words, without the participation of third parties (ie exchanges), foreign exchange from peer-to-peer trading. Since the Litecoin code is mostly similar to Bitcoin, Bitcoin is in a good position to benefit from technical advances.
# 3. Ethereum (due to intelligence contracts)
Ethereum (ETH) currently has some major problems. First, governments are exploding ICOs, and that’s right — many have turned to fraud or bankruptcy. Since most ICOs operate on the Ethereum network as an ARR simulator 20, ICO Mania has brought a lot of value to Ethereum in recent years. Fraud scams can require a certain amount of legitimacy as a wholesale platform, if appropriate laws are in place to protect investors.
The second major problem that Ethereum is facing is the delay to a new hybrid system and battery test system. Ethereum Mining GPU is currently profitable, but Bitmein has announced that Ethereum ASIC is too small, which could affect GPU miners’ low lanes. It remains to be seen whether this will change the POW and how successful this change will be.
Ethereum will show great strength if it can survive these two major problems – regulation and mining. Otherwise, there are many competing currencies, such as Ethereum Classic, ADA, and EOS.
# 4. Monroe (for unknown reasons)
Although it is not expected to grow in the dark markets, I (XMR) remain the Prime Minister’s privacy. Its reputation and market capitalization are still higher than its competitors – and for good reason.
The monopoly code requires less faith than Zachary’s “faithful” key rituals and a fair start, unlike Dash. That monopoly recently changed its approach to achieving small ASIC growth, confirming the commitment of mining decentralization management. Significant reductions in hash volume are due to the new version, which has been regularly reported on ASIC. This can be an opportunity for even GPUs and even smaller CPUs to come back to me. The new version of Monroe 0.12 also includes other enhancements that show that Monroe continues to grow on thin lines.
# 5. Iforonto (Decentralized Abstinence Forum)
Epiroto is a platform for investors looking for a safe and secure platform to present their ideas and receive feedback from users, and to invest in new innovations in the future.
NES smart contract format NS signing between the professional platform and the client for the inspection and registration of the client to the committee is supported by the parents’ ideas. The idea will not be published for all chains in the public forum for all users, but will only be published for members of the target community who are willing to sign the smart contract to maintain the confidentiality of the idea.