Yesterday was exciting was it?
Sorry for not posting in a while, I also wasn't that active in the crypto communities in the first place. Yesterday felt like when BTC was $1000 back in 2014, how some sceptics doubted that it would never get higher (well only more than 5 times). BTC's marketcap dwarfs all the altcoins as ever. However, even looking at the whole crypto market reveals that in financial markets it is still very tiny. It is also internal growth this time, seeing how it perfectly coincides with the drop in altcoins, just means alt porfolios were being liquidated for BTC in attending the fork. The cause of concern is this huge spike up in price brought big attention to BTC in the public eyes, even really mainstream people I know were suddenly interested. It would bring in more people to the crypto-world but those would also be very susceptible to all the dangers (scams, thefts, simple greed). Us crypto-people are used to this sub-culture are more technically-inclined and are used to taking security precautions (not using abc1234 password I hope) that regular people would lack. To all who are on-boarding regular folks let's do our best to keep them safe.
Reddcoin is ALIVE! Aside from BTC, only RDD came with me from 2014, it also despite all odds outperformed the BTC's investment. To be fair, any crypto that makes it big on social networks would be huge. Sadly, there wasn't any progress in RDD for years and despite being a social currency project, has always been pretty antisocial with little updates from the team. This little update is a shiny candle in a dark dark room. Perhaps big changes are coming to Reddcoin. If you want to be a part of a community that could experience a huge turn-around here's your chance!
https://twitter.com/reddcoin/status/918760798239055872
- reddcoin
2017 is the year of ICOs, with billions of $$$ dollars (mostly in the form of ETH) to seemingly countless projects and more are coming. 99% or more of those projects might not even stand a chance to meet their goals. That is true in the business world, where most SME and startups fail in their three years. The blockchain ecosystem as a whole has worse odds seeing how most projects don't even have good goals or were looking product market fit. Personally, my ICOs investments are not doing well either with them being below ICO prices, but those projects aren't even at the first milestone on the roadmap yet so I can wait and see. That said, I'm keeping an eye on two interesting (well to me anyways) ICOs that's coming up. Winding Tree aims to disrupt the travel industry by providing a platform for suppliers in the industries like airlines, hotels, travel agents to list providing lower fees and transparency for consumers. The travel market is huge and antiquated, ripe for such a project. The team is also well-versed in the travel industry and has secured partnership with Lufthansa Group, one of the larger airlines. They are also often present at industry events, so I believe their connections would proof useful in onboarding suppliers on the platform. ExsulCoin (fun fact: exsul means exile) is an un-hyped (no seriously I barely seen any activity) ICO that is alarmingly close to ICO. They are also targeting a huge market of helping refugees by giving them digital identifications, education, and marketplace for their services. That's an enormous vision and the value chain is really there. The founder is a private equity investor of Myanmar and has worked in many frontier markets. There's just not much information right now so let's see how it plays out.
https://windingtree.com
https://exsulcoin.com/
How's yesterday for you Steemers?