The BTC Bear Market is Over, No New Highs and No New Lows
I believe either the bottom of the bear market has already happened, or we are very close to it.
If you are looking to find the best altcoin of 2019 then you don’t need to look any further. I will cover the most promising altcoin (TWINS).
https://win.win
Cryptocurrencies like TWINS are a completely digital form of money designed specifically to take advantage of the architecture of the internet. They can be used in ways that ordinary currencies can’t. Cryptocurrencies don’t rely on a standard financial institution to guarantee and verify transactions. Instead, cryptocurrency transactions are checked, or “confirmed,” by the computers of the users on the currency’s network.
Digital currencies have several important advantages over traditional currency and popular financial and physical assets. Well, the fact is that cryptocurrencies solve many problems related to the centralized nature of paper currencies and some of the bank instruments.
Bitcoin has dropped approximately 84% (depending on which exchange you check) from its high set in December 2017. If you compare the bear market of 2013/14, we are extremely close to the same pace of decline in the time period given.
Some Altcoins Reach and Exceed Their Previous All-Time Highs (in BTC)
In the early days of crypto, Bitcoin market dominance was above 90%, with no other coins really adding any new use cases.
As the market has evolved, several coins have been created with specific use cases, aimed at tokenization of assets, privacy and security, to name a few.
This is a sign that the market is maturing. It makes no sense that one coin dominates the entire market, just like it makes no sense that Microsoft is the only tech stock available.
There will be multiple coins that cover each sector of the market where a genuine business case exists.
TWINS will introduce a truly decentralized exchange platform and proof-of-stake blockchain network with cross-chain atomic-swaps capabilities to facilitate the direct transacting of value between network users. There will be no fees for the direct peer-to-peer exchanges, as these transactions are performed directly between user wallets.
So, you now know the top altcoin that are out there in the market. You also know about their history, technology and the upcoming events.
The future of cryptocurrency is bright and cryptocurrencies are trending all over the world as the internet payments have been accepted by many companies. Cryptocurrency is trending payment and investment asset just like how people invest in mutual funds, real estate, market shares, silver, and gold nowadays. More investors are interested in investing their money on these cryptocurrencies, and the increased demand of cryptocurrency has increased its prices a lot.
TWINS
Seed nodes are hosted and controlled by the win.win foundation team. Wallet apps and public master node setup guides will be published during the weeks of the TWINS mainnet soft-launch period.
80% of the block rewards are distributed to TWINS Masternodes, 10% of the block rewards are distributed to TWINS Stakers, and 10% of the block rewards are distributed to the TWINS Developer Fund and will be burned during the first 3 months.
100% of TWINS mined from the seed nodes are distributed as community bounties and used as a liquidity pool.
Move over, bitcoin. The world of virtual currencies is getting very crowded with so-called altcoins.
Bitcoin’s explosion in prominence has led to the growth of dozens of other cryptocurrencies. Meanwhile, companies are betting that blockchain, the underlying technology of bitcoin, could fundamentally change the economy, leading to a surge in blockchain projects.
Official project links:
Website: https://win.win/
Whitepaper: https://github.com/winwin-official/whitepaper
Github: https://github.com/winwin-official
Discord: https://discord.gg/CxFX2b7
Bitcointalk: https://bitcointalk.org/index.php?topic=5082894.0
Twitter: https://twitter.com/TWINS_Coin
Thank you for reading as always!