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Re: Stop Comparing Crypto To Amazon...They Are NOT The Same
I see a lot of people comparing crypto to Amazon. They will show a chart showing how much Amazon fell after the tech bubble. The difference between Amazon & crypto is simple. Amazon was a company people used & it had a purpose. It made life easier & allowed people to shop online in a way they had never done before. Bitcoin is nothing but another form of currency. It's decentralized which makes it unique, but at the end of the day what does a bitcoin offer?
In my opinion coins that offer a product will make it. Right now the alt market is hurting a bit, but coins/ICO's that offer something useful stand a chance. A coin that creates something people can use could be a winner. ICO's are just a unique acronym for "crowd funding". Projects like Omnity, Nauticus, & CoinMetro fill a void. Omnity is creating a search engine that caters to quality research. Everything Omnity is doing is data driven. It's something college students or professors could use to further their studies. Nauticus & CoinMetro are exchanges. Exchanges obviously serve a purpose. These are ICO's that I can see succeeding because they have a purpose that fills a void with consumers. An ICO or alt coin that exists without a purpose is a complete waste of market space/cap.
Projects Mentioned:
https://www.omnity.io/
https://nauticus.io
https://coinmetro.com/
In my opinion coins that offer a product will make it. Right now the alt market is hurting a bit, but coins/ICO's that offer something useful stand a chance. A coin that creates something people can use could be a winner. ICO's are just a unique acronym for "crowd funding". Projects like Omnity, Nauticus, & CoinMetro fill a void. Omnity is creating a search engine that caters to quality research. Everything Omnity is doing is data driven. It's something college students or professors could use to further their studies. Nauticus & CoinMetro are exchanges. Exchanges obviously serve a purpose. These are ICO's that I can see succeeding because they have a purpose that fills a void with consumers. An ICO or alt coin that exists without a purpose is a complete waste of market space/cap.
Projects Mentioned:
https://www.omnity.io/
https://nauticus.io
https://coinmetro.com/
I agree, but Amazon was in the same situation. ICO's are hurting right now & might be able to prevail in the long run. Just depends on the market.
It's an illogical fallacy haha
Re: Stop Comparing Crypto To Amazon...They Are NOT The Same
You are right that both of them are two different things but actually the charts and technical analysis of them can be compared because both of them are traded and similar due the financial market aspect, so in my opinion stocks can be compared to crypto.
Agreed, I hope you're right because right now I've invested around 10% of my savings into crypto. Hoping for a bull market to initiate within the year.
Stop Comparing Crypto To Amazon...They Are NOT The Same
I see a lot of people comparing crypto to Amazon. They will show a chart showing how much Amazon fell after the tech bubble. The difference between Amazon & crypto is simple. Amazon was a company people used & it had a purpose. It made life easier & allowed people to shop online in a way they had never done before. Bitcoin is nothing but another form of currency. It's decentralized which makes it unique, but at the end of the day what does a bitcoin offer?
In my opinion coins that offer a product will make it. Right now the alt market is hurting a bit, but coins/ICO's that offer something useful stand a chance. A coin that creates something people can use could be a winner. ICO's are just a unique acronym for "crowd funding". Projects like Omnity, Nauticus, & CoinMetro fill a void. Omnity is creating a search engine that caters to quality research. Everything Omnity is doing is data driven. It's something college students or professors could use to further their studies. Nauticus & CoinMetro are exchanges. Exchanges obviously serve a purpose. These are ICO's that I can see succeeding because they have a purpose that fills a void with consumers. An ICO or alt coin that exists without a purpose is a complete waste of market space/cap.
Projects Mentioned:
https://www.omnity.io/
https://nauticus.io
https://coinmetro.com/
In my opinion coins that offer a product will make it. Right now the alt market is hurting a bit, but coins/ICO's that offer something useful stand a chance. A coin that creates something people can use could be a winner. ICO's are just a unique acronym for "crowd funding". Projects like Omnity, Nauticus, & CoinMetro fill a void. Omnity is creating a search engine that caters to quality research. Everything Omnity is doing is data driven. It's something college students or professors could use to further their studies. Nauticus & CoinMetro are exchanges. Exchanges obviously serve a purpose. These are ICO's that I can see succeeding because they have a purpose that fills a void with consumers. An ICO or alt coin that exists without a purpose is a complete waste of market space/cap.
Projects Mentioned:
https://www.omnity.io/
https://nauticus.io
https://coinmetro.com/
The blockchain technology at this stage can be compared to the internet at its early stages, where mass adoption was also an issue. The internet was actually invented in 1969 but didn't get adopted until the 1990s, even then it wasn't accessible to everybody. But it has now become a necessity in every industry and for everybody worldwide.
The blockchain technology is at its infancy stage and it is already making innovations in different industries. Though there are a lot of restrictions against it presently and some nations do not want to adopt it, but it is not a technology that can be stopped and it will surely gain mass adoption with time.
What is your opinion about the blockchain technology?
A lot of people on the internet say that blockchain is comparable to the internet state in the early ninetees. I am not 100% sure about this though. There are a lot of technologies that were born and showed a lot of promises, and one could say they were comparable to the internet but guess what. It is not sure that those technology will show the same growth as the internet. We cannot say if blockchain technology will be as big as the internet itself can we? The blockchain technology is at its infancy stage and it is already making innovations in different industries. Though there are a lot of restrictions against it presently and some nations do not want to adopt it, but it is not a technology that can be stopped and it will surely gain mass adoption with time.
What is your opinion about the blockchain technology?
But the issue is people use the internet. Right now only investors are really using blockchain technology. A mass adoption phase needs to occur, which will be hard. The average person isn't smart enough to understand how all of this works. It will have to be easy to use and mindless like a credit card.
Re: Babb ( Bax ) : I think Bax will be 0.01 usd soon in Q2/2019. And you?
BABB is a decentralised banking platform that leverages blockchain and biometrics to offer anyone in the world access to a UK bank account for peer-to-peer financial services.
BAX, BABBs native token, will enable central banks to issue their own digital currencies to stimulate the local microeconomy. Local digital currencies offer citizens access to international remittances and payment gateways.
The Black Card bridges the divide between the digital world and the physical world. It is a secure payment card that links directly with your BABB bank account via a secure QR code or NFC tag. It allows both a debit-like functionality, and can also be issued as a pre-paid card for your friends and family.
BABBs platform promotes trust. Therefore, on our network, other users trust is enough to open an account with core functionalities. Our innovative Social KYC process allows anyone who is fully KYC-ed, with validated documentation, to vouch for other users and onboard them to the platform. In this way, we will extend our services to millions of people without requiring them to provide ID documentation.
BABB leverages blockchain and digital identity technologies to build a borderless global network in which everyone participates freely, using their social connectivity to transact, trade, innovate, issue digital currencies, lend money, or raise funds for business ventures. Together, we will empower the worlds micro-economy with new tools and opportunities, helping accelerate global growth, creating wealth, encouraging entrepreneurship, unlocking human innovation and lifting millions out of poverty..
Now, Babb so good with 9sts and 21bil circulating supply.
More information: https://getbabb.com/
BAX, BABBs native token, will enable central banks to issue their own digital currencies to stimulate the local microeconomy. Local digital currencies offer citizens access to international remittances and payment gateways.
The Black Card bridges the divide between the digital world and the physical world. It is a secure payment card that links directly with your BABB bank account via a secure QR code or NFC tag. It allows both a debit-like functionality, and can also be issued as a pre-paid card for your friends and family.
BABBs platform promotes trust. Therefore, on our network, other users trust is enough to open an account with core functionalities. Our innovative Social KYC process allows anyone who is fully KYC-ed, with validated documentation, to vouch for other users and onboard them to the platform. In this way, we will extend our services to millions of people without requiring them to provide ID documentation.
BABB leverages blockchain and digital identity technologies to build a borderless global network in which everyone participates freely, using their social connectivity to transact, trade, innovate, issue digital currencies, lend money, or raise funds for business ventures. Together, we will empower the worlds micro-economy with new tools and opportunities, helping accelerate global growth, creating wealth, encouraging entrepreneurship, unlocking human innovation and lifting millions out of poverty..
Now, Babb so good with 9sts and 21bil circulating supply.
More information: https://getbabb.com/
What is it now?>>