Reddcoin
Hey friends,
Yesterday I made a Facebook post about Reddcoin. I said it's worth holding for the long term since I think it will be big when it passes a certain challenge.
In this post, I just want to give you a little more detail on this...
Reddcoin is a social cryptocurrency that allows tipping rewards on social networks.
It's a proof of stake coin, which means that you can earn more Reddcoin by holding Reddcoin in your wallet.
You can download a desktop wallet from https://www.reddcoin.com/#Wallets
Currently the development team are working on the over-all user experience by creating a browser extension called Redd-ID.
If they successfully integrate Redd-ID with a major social network like Facebook or Snapchat, you can expect Reddcoin to start gaining popularity.
I look forward to being able to tip someone Reddcoin for their Facebook post. I think it will really help people appreciate the potential of Reddcoin and raise awareness of cryptocurrency as a whole.
Reddcoin is cheap at 65 satoshis. I would say buy 10,000 ReddCoins and forget about it for a year or so.
That is exactly the only reason why I hold thousands of Reddcoin. It's because of ReddID.
As you said... I believe the release of ReddID will create a huge spike. And if they get it working with Facebook or so... we'll, that would be a dream come true. Then all of a sudden we would have Steemit but on Facebook.
Thanks for the info @belal
UpVoted.
ReddCoin has huge potential , I really like this idea.
Keep going
thanks for details about Rdd
thanks for the information
I agree with the long-term hold strategy. Integrations with a large social network will bring a lot of adoption.
However, 10,000 RDD won't get you far if you have to pay 64,000 RDD for your Redd-ID. Are those the expected prices in the video, or just demo prices?
Interesting post. Thanks for bringing this to our attention. The coin market will be turbulent for the upcoming year(s) but I really believe in it. We really need more insights in the market and previous investment results. Besides coinmarketcap.com there is: https://www.coincheckup.com This site is really helpful in my coin research. I don't know any other sites with so much indepth analysis.