5 Major cryptocurrency trends in 2018
1. Privacy-centric projects
Projects I follow: $XSPEC, $ONION
2. Decentralized exchanges
Projects I follow: $ZRX, Altcoin.io, DDEX, dYdX
3. Scalability-aimed platforms
Projects I follow: $EOS
4. Stable coins
Projects I follow: Basecoin
5. User-friendly interfaces
Projects I follow: $CAT (Blockcat)
I think it will be a year of unsuccessful (and maybe partially-successful) attempts by governments to block the free economy. Why do I think that they will not succeed? Because of the speed of distribution and the development of new generations of blockchain systems. Now officially: Welcome to Singularity!
It's just impossible to move against an army of most talented programmers in the world, who already don't need paper 'money' to survive. Who wants to work for the state to create a reciprocal force? It is obvious that there is a significant imbalance in the human resource.
Why did I choose these fields? I think that they are critical for the survival of our ecosystem. By investing in these areas, you will make a significant contribution to the development of an open society.
What's you predictions for the next year?
What about Bitshares DEX and stable BitTokens?
I think this is a solid project. But there is too much friction for entering/exiting the system (I mean bridges and gateways), as well as lack of liquidity. I'm a trader, so I considered this option, but these two features scared me away.
Lack of liquidity is an issue, indeed. But it will be relived with time.
As of friction on entering and exiting... Why? It's much simplier than get a bitcoin. I'm personally getting in crypto thru the BTS. This is only one option to do this anonymously + with only 1% comission. If this is "mush friction", than what is smooter? Maybe I missed something?
My rationale is that the weak point of Bitshares (as well as other DEX'es now) is a high risk of liquidation. Imagine at some point a big part of BitShares holder decides to liquidate their assets. I'm not saying that this will happen, but the risk is here. And this is a major problem of all stablecoins Tether, Bitshares, etc.
I just looked at the current trading volumes, and they really grew. Perhaps it is worth playing around with BTS with small amounts, especially since there is an opportunity to write a simple bot for trading on these charts.
But almost every other crypto have a same problem. What if Satoshi decides to liquidate his bitcoin? Not so scary.
No need to be all in. But it's an interesting project in my opinion and there is not too many DEXex now to choose.
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