You mean to tell me that investors don't actually want their digital Beanie Babies and are trying to pitch them to suckers after getting them cheap to make money? Colour me shocked.
It's like nobody learned anything from the early 2000s.
It's like nobody learned anything from the early 2000s.
In this case, I think most people are aware its a bubble/ponzi scheme and are trying to "beat it" by making the most profit and getting out ASAP before the bust.
You know, the BlackBerry? That smartphone that did everything that an iPhone could do, just a bit worse?
Steve Jobs didn't exactly envision the iPhone wholesale, on the seventh day of Genesis.
Feeless transactions. IOTA
Fog/Mist computing. SNM, Golem
Decentralized marketplaces. Many, syscoin is my favorite.
Identity tracking for IOT. Centralized solutions might exist, but WTC and the like are interesting.
Decentralized governance. DASH, Lisk, more
Banking the unbankable - Airfox, VVToken, likely others
More efficient advertisement - BAT, AdEx
Paying content creators - Steem
Distributed file storage - FileCoin, MaidSafe, Storj
Uncensorable internet - zencash
BTC gets all the press for first mover advantage, but is really the worst of the bunch.
This is not investment advice. It is quite exciting, however.
Examples (Percent down from peak) BitShares - 80% SiaCoin - 60% Factom - 40% Numeraire - 90% Monaco - 65%
The list goes on. So for everyone who says this bubble is going to pop, I disagree. Bubbles pop every day in the crypto markets because there is absolutely no market more efficient than cryptocurrency. The strongest coins always win out in the end