Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
bitjanja
on 01/06/2017, 13:16:30 UTC
to sum up, i think general perception now on the cripto scene investment wise is:

-BitCoin (BTC) -> THE COIN, proof of concept, movement. Kind of like money

-Ethereum (ETH) -> Promises the Next layer tech wise, SmartContracts. All the buzz and hype surrounding the last year every expert kick phrase "Blockchain is the real thing, not bitcoin but the blockchain" is kind of represented by ETH. Ethereum promises some kind of completely new disruptive world changing applications in different sectors by being the "use the blockchain tech" tool, kind of like a blockchain jocker card. Some banks are already entering these grounds, although eth doen not provide specific solutions for the banking industry right now. Its promising big increase in value short term, but it is already at 200$ so not a huge multiplier shortterm.

-Ripple (XRP) -> The institutional coin. Essentially different to all other criptos. It is controlled, no mining. Aimed at solving todays banking money transmitting problems in a very efficient way. It has a direct customer now -> banks. If its pitch works, new banks roll in. The more is used, the more possibility to turn into leading solution for today. Banks are still in 20th century. Ripple is a 21th century solution for banking industry that can be used right now. In fact its rapidly gaining traction amongst them.

-Rest of criptos -> Not really so different to bitcoin, at least when you review them at a glance, so to the general public. When they go up it seems because of speculative movements. But nothing to sustain. Dogecoin? WTF. Stellar Lumens? no idea. LTC? the "second" cripto.. but why invest on LTC when you can invest on BTC. And FOMO wise, then might as well invest on ETH or even XRP wich sure look with more potential.


Hey im describing just perception, mine and of many i have asked. Maybe zcash or monero are groundbreaking standard and we will only use those in 2100AC, however, i dont see why they are so different to BTC (super duper real anonimity man!!)

Probably i got a lot of shitcoins confused, and probably i dont see a lot of differences between the shit coins beacause im uninformed.. but i think these is the general panorama to the uninformed majority, and so it is reflected by the market.

From all this, my perception is that RIPPLE (XRP) is the most probable coin for a high multiplier rise / pump in the near future. I mean a pump that can be sustained later and not die forever. XRP is currently hovering around 0,30USD levels. A little pump can well enter 2-5USD levels shortterm