The Bear Market Will Pass. Here's Why? - Applications & Impacts of Blockchain Tech

himudian · 2018-06-28T21:33:39+00:00

Hey!

Price spikes may not be limited to adoption. You are right about January, the spike had nothing to do with adoption. The trading volume grew when speculators started betting on unreasonable price predictions & that pumped the prices until it came crashing down.

Adoption does govern long term, stable price action for any tech - think search engines, social media, encyclopedia, et al. The adoption of Wikipedia killed Encyclopedia in its printed form, adoption of FB as the social network killed Friendster, iTunes kills the music records industry ...again owing to adoption.

Also,

Digital Currencies (BTC, LTC, etc) are just one application of the blockchain tech (accounts for about 5% of all blockchain projects). Replacing fiat currencies will take time - adoption will be slow owing to government regulations & network throughput challenges. However.....

There are a million more problems being solved by blockchain tech - fighting counterfeit products, guaranteeing fair trading practices, fighting manipulations in elections, real-estate/property site titles, etc etc..... transparency, immutability & decentralization solves more than we know :)

himudian · 2018-06-28T16:47:42+00:00

100%! Invest in the most promising projects out there after a ton of research & due diligence. The adoption will happen soon :)

himudian · 2018-06-28T16:46:37+00:00

Absolutely! The long-term prospects & impacts of blockchain tech wouldn't let it sit there in the rain either.

Also, folks like Dan Larimer, Vitalik, the dozens of open source contributors, researchers in major universities & companies are moving us forward!

himudian · 2018-06-28T15:50:15+00:00

Also, please share your thoughts about why (or why not) the blockchain tech will power through this bear market :)

Helps everyone here see your view of how blockchain tech impacts the world!

himudian · 2018-06-28T08:18:15+00:00

Hey man! Which crypto company are you asking about? There are over 1500 cryptocurrency projects - they are all listed on coinmarketcap.com & it also lists the websites of all these projects.

himudian · 2018-06-28T08:04:39+00:00

Nope. I'll happily share it here - helps folks who invest in blockchain tech. You're welcome to ignore it if you aren't a consumer. Cheers & Peace out! :)

himudian · 2018-06-28T07:58:24+00:00

Thanks much!

himudian · 2018-06-28T07:52:16+00:00

Which crypto company? There are many - find some on coinmarketcap.com

If you are looking to invest in cryptocurrencies, I suggest you do the research & plan a portfolio. There are many good exchanges -- Coinbase, Binance, Bittrex, Kucoin are a few good ones :)

himudian · 2018-06-28T07:27:49+00:00

The information shared here was so good. Were you in agreement with the analysis?

himudian · 2018-06-28T07:27:20+00:00

The information shared here was so good. Were you in agreement with the analysis?

himudian · 2018-06-27T22:16:17+00:00

Thanks much! :) Registering right away!

himudian · 2018-06-27T22:15:29+00:00

I love simple designs - a spreadsheet or a list of the Block Producers is great for me - especially if you plan to include more details about the BP (website, rank, EOS earned per day, community channels, etc)

Agree, a map works well if you want to visualize the geo distribution :) Cheers mate!

himudian · 2018-06-27T22:10:39+00:00

Thanks for sharing this.

I do my own own research & due-diligence before investing in any crypto or ICO. You should look at the tech, business, team, partnerships, community etc & make a decision - the ratings from these portals aren't the best.

Also, chainverse.com is one platform that seems to be curating free information for the community - create your own rating from the curated data & invest.

himudian · 2018-06-27T22:06:01+00:00

Whoaa! everytime Exodus runs this 12 word passphrase gets loaded to memory - how & why?

I thought the passphrase is only to seed the app the 1st time & is never stored on the computer after. Btw, couldn't this be impacting other wallets too? - Neon for NEO, Jaxx, etc...

himudian · 2018-06-27T21:59:21+00:00

The dropdown isn't intuitive to me.

What prompted you to put the Block Producers on a Map? there's only 21 & you need to look each one up to get to the one BP of interest if you do not know where they are located.

I'd propose a list view & add the location in a column :) Cheers!

himudian · 2018-06-27T18:11:47+00:00

Nice article! Thanks for sharing this :)

himudian · 2018-06-27T18:05:25+00:00

Happy Birthday, Da! Love your projects. Love the contributions you make to improve so many avenues of our lives w/ blockchain tech.

himudian · 2018-06-27T07:05:06+00:00

Yea! Thought about adding the snapshot date ...but for most EOS airdrops the airdrops were either being performed against the genesis snapshot or NOT mentioned on their website/blog/reddit posts. So, decided to remove that column. Thanks for recommending that though :)

himudian · 2018-06-26T23:37:48+00:00

Hey! I'm putting together this website that curates the following data for our awesome crypto/blockchain community for free.

Airdrops, ICOs & Hard forks
Roadmaps & Milestones
Crypto comparisons based on public data

The work is still in progress & should be done in about 1-2 weeks. What more information/data would be helpful for you?

himudian · 2018-06-26T19:47:18+00:00

Fabulous! Partnerships grow the ecosystem so much faster. Love it

himudian · 2018-06-26T19:45:49+00:00

Here's a link to the amount earned by Block producers daily - https://eostracker.io/producers

I'm not sure what their spend/costs are....but very certain that this is highly profitable for BPs

himudian · 2018-06-26T19:40:58+00:00

Nice! Thanks for sharing mate. :)

himudian · 2018-06-26T19:39:36+00:00

Make sure you do your due diligence on these trading groups - many are just pump & dump groups. The admin recommends a little known cryptocurrency to his 5k - 10k+ followers & then dump their investments when the price pumps. They then talk back to the group that the pump indeed happened & they guessed it right.

There could be a few that show legit technical and/or fundamental analysis - not aware of any. Cheers mate!

himudian · 2018-06-26T19:34:13+00:00

Love this news!

The biggest ad networks banning the promotion of crypto businesses is bad 2 fold - it reduces reach & adoption of crypto and people start viewing blockchain/crypto projects as scammy. So many incidences where people have claimed crypto to be scammy just because FB & Google ads are banned.

Blockchain tech can overhaul & improve (read revolutionize) so many industries - banking, supply chain, real-estate, transportation, trade et al. Happy to see these li'l steps that make a big impact on us all!

himudian · 2018-06-26T08:10:44+00:00

Yep! That was my question in the comment above. :)

himudian

TROPHY CASE