Crypto Q & A
I bought some smart cash two days ago. The returns have been shockingly good. I also purchased some Shaft which has yielded nearly 50% cap gains in two days. Third on the buy list is Signatum which is a nice gainer as well. All is good and I'm in for the swing. To be honest I know nothing about Shaft of Signatum but bought anyway because I saw a sign that demand versus supply would favor increase. I will sell now as it is slowing down with SIGT and Shaft coin for a slight pull back so the gun can fire once again. I might not stay around however for the new rally upwards because I will be spending my profits somewhere else. I will spend them on STEEM and an ICO I joined a few weeks ago called WCX. This is an exchange as well as the proof of ownership tokens WCXT which does pretty much the same thing as DIM Tokens and Stock.Exchange Tokens. As for the existing SMARTCASH on my balance I will seek to trade and grab as much from my scrapes and swings as is possible.
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What is it that the three of them (WCXT DIM STOCK) all possess in common?
Answer is the three of those cryptocurrencies allow holders the right to a dividend portion of the exchange's earnings on a monthly basis at a pre determined time. The criteria for the three is:
- Must have a certain minimum coins or tokens.
- Must hold the coins or tokens for a minimum duration of prescribed time without moving them to qualify for that monthly dividend payout.
- Read what @thelifestyler says. Thank you. Time for some Q & A!
Q & A
Q. How much does SMARTCASH cost?
A. Not much. Cents on the dollar.
Q. How much does DIM Token cost?
A. At the ICO it was as cheap as a bag of rain water. The price was a dollar. One DIM Token gives you a hundred DIMCOINS and the rights to dividends. At the exchange opening they will each be an estimated $100 per DIM Token. Each DIMCOIN will be $1.
Q. What is SmartCash supposed to fix?
A. SmartCash is supposed to fix slow transactions. They aim to be faster and better than Ripple, MasterCard and Paypal all combined.
Q. How will they be better than Ripple, MaterCard and Paypal all combined?
A. You might think these two companies are going to dominate forever and beat cryptocurrency. Paypal is making plans to accept Bitcoin and Ripple because it realizes that it won't beat cryptocurrencies. It has to join. SmartCash has InstantPay which is as fast as lightning in transactions.
Q. How much potential do I think SmartCash holds against the top giants namely Ripple, Steem, Lisk, Litecoin, ZCash and Monero.
A. SmartCash is built on the most secure cryptographic blockchain technology and holds the highest privacy level amongst other top privacy coins. Your dara can be erased if you don't want to be tracked using a something like a burner address to take/make payment and keep your digital fingerprint totally hidden. The way it does this is by using a Zerocoin Protocol which is what the most private coins use.
Q. Is it minable and will the difficulty be exponential because of gradual centralization through large mining pools like Bitcoin?
A. It can be mined using a regular PC. The best thing is you never have to worry about ASICs for now because it uses a mining algorithm called 'Keccak' which is currently unsupported by mining rigs. It won't be supported until SMARTCASH has a considerable market cap so we have a lot of easy mining until then.
Q. What is the core of DIM Exchange?
A. DIM Exchange seeks to provide half the fees of every other major exchange since it has been a burden to many.
Q. Can I still buy DIM Tokens?
A. No. All the DIM Tokens were sold out in a matter of days and I never got my Bitcoin in time to buy. We will have to wait until the exchange opens up or some kind stranger sells hers to you for a decent profit.
Q. Where are the DIMCOIN and DIM Tokens stored?
A. You have to go to Depot Wallet webpage and open an account with them. For now that is the only wallet for DIMCOIN and DIM Tokens.
Q. If I had to chose a cryptocurrency from the four which would I chose.
A. I would say SMARTCASH because it has a stable price, is community based. The community gets to manage the coin and do its budgeting an further development. With a community effort like that members will make it bulletproof by showing up all it's flaws internally and fixing them together.
Q. What do I like so much about my choice above?
I like the restrictions to mining centralization. A person would need to spend millions on computers to try and centralize this.
Q. What else about your choice?
A. SMARTCASH has a Renew feature which makes it untrackable. I think it would help for when my government decides to throw a heavy tax or try confiscate our crypto. This coin is going to be a top banger. There is 70% that goes towards community projects. They do put as much as that and it's openly generous. The other fraction is just enough for maintenance, bills, I guess food since there aren't robots running the stuff, internet, server hosting and keeping the SMARTCASH and platform sturdy and safe. Hey you know what? Keep on reading on steemit while I go get me some SMARTCASH! See you sucker! Now stop with the questions man. If you want to learn more and get involved go to https://www.SmartCash.cc
Got some a few days back, unfortunately it happened to be after @crpto's blog review so quite a few ppl jumped in and inflated the price. It has dropped back a bit since however I too see a lot of potential and will hold it in the long run! Thanks for the revire
@crypt0's blog did inform me about it. I hope he inspires other youtubers to pump it up. I bought at 2400+ satoshis now it is at 1900+. Dude how come your comment has soo many votes and i have only 1 view?
Not sure man, literally just wrote that comment on my way home on the train Ha! that's more up votes I ever got for my blog! beats me! I genuinely liked your article man, hope it gathers some steem:)