Hey everyone! For this edition of Alt-News I wanted to keep it a bit shorter as some have been complaining about the posts being too long lately with the added "crypto recommendations" part at the end of them. I will however give another small recommendation but try and keep it short. :)
I recently stumbled upon this great TED Talk explaining how blockchain is changing money and business and I recommend everyone to check it out in case its not yet completely clear to you.
This is the real TED Talks channel, not the other TED X where almost anyone can submit their speeches to and they will upload them to their channel. (which not always might be something that reflects reality)
I've been browsing the r/btc forums lately since there's been a lot of controversy about Bitcoin Cash and Bitcoin. If you read my post where I wrote down my concerns about Bitcoin Core Team and BCC which is lead by Roger Ver you might have been looking more into it and maybe got yourself some Bitcoin Cash. If you did, you should have found yourself up by at least 200% in gain since then. Of course you have to be careful with your investments cause its hard to determine what is true and what isn't nowadays and especially on forums such as Reddit where a lot of the attention can be manipulated and the activity is hidden.
There's been some more news I've been hearing lately that made me invest in BCC recently but that remains for another post.
A user there recently asked me why I had left the Bitcoin scene and was first now looking to come back as I had created this post:
I told him that the obvious censoring and shadow-deleting was a big reason to it and that I respected r/btc a lot more cause they don't go down that road just cause some users may bring up concern about the currency. I also told him that I haven't regret a single moment ever since I traded off my Bitcoins for altcoins and started re-searching and chasing their developments instead, and this graph shows it really well.
If you had invested in these altcoins since January 2017, you'd have these gains so far.
Blockchain.info, which is one of the biggest online wallet providers and has been live since August 2011 has recently decided to add Ethereum to their services.
The reason we decided to add Ethereum is we really feel like Ethereum as a community, ecosystem and technology has really matured.
said Peter Smith, Blockchain's chief executive.
I guess the same can't be said about the Blockstream team and how they handle their subreddit. :P
Blockchain is a great service though and has been very reliable since it lets users hold their own private keys to their wallets as opposed to exchanges and other sites where there is another company or third party that holds your coins.
As I always say, if you don't hold the private key to your wallet and coins yourself, then you don't really own those coins and suffer great risks to losing them at one point. Especially if you have them on certain exchanges like Poloniex or Bitfinnex which have been showing a great deal of red flags lately. Let's hope it won't come to another Mt. Gox scenario.
For altcoin recommendations today I wanted to go a different and more secure route and pitch you with Ethereum and Monero. These are currencies that have been out there for a long time already but are still true to their development and have been sleeping giants lately in my opinion compared to BTC and BCC.
Ethereum due to it receiving a lot of mainstream news lately combined being adopted in many different places and Monero due to it still being one of the best coins out there that keep your balance and coins private and secure. There have been some rumors lately that DASH and ZCASH have not been as successful at being as private as Monero, but I don't have any proof to it nor was I able to find any sources.
These are their charts respectively.
Ethereum 1 year chart
Monero 1 year chart
As always, if you have any questions about these articles or something you are wondering about (that can't easily be googled), feel free to ask here and I'll try my best to answer. Thanks for reading, stay safe out there during these times of increasing volatility. :)
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