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RE: BECOMING RICH - EP. 28. - Tick-Tock
Synereo, if I understand correctly is basically like Steemit. Just whereas Steemit is more like reddit, Synereo is going to be more like it's own social media platform. Similiar to facebook or something and you generate AMP by posting, commenting, etc. So they are more like Steem.
Reddcoin is just aiming to be a cryptocurrency for social media sites which has potential. Synereo is like Steemit and building their own front facing platform to give out rewards of AMP for taking part in the network.
I'm on the fence about Ripple. It has potential but I only put a little into it to be honest with you. It has tough competition from things such as Zcash. I might hold a little Ripple, but I'm not really betting on it.
Ripple can send money across borders in 4 seconds can handle 1000 transactions per second and can save banks 60$ on processing fees and japanese banks will be commercially used as early as this summer, so what does zcash bring to the table?
Zcash improves on the Bitcoin technology including being supposedly completely anonymous and secure. Hence why JPmorgan largest bank in the US and sixth largest in the world has partnered with it.
Not to says Ripple is bad. But the fact it's centralized could possibly work against it. Most agree that the supply has far outpaced demand which is depressing the price right now. Etheruem, Bitcoin and others are also seeing mass adoption in Japan.
I think Ripple has potential it does. Some people believe it could hit $2 by the end of the year. But I'm not convinced enough in the managment or tech. Especially with so many other promising cryptos such as PIVX, AMP, Ark and such. I'll hold onto some Ripple but I'm 50-50 if it'll truly take off or not.
yeah im on board with you, we all have our own opinions, hope our investments work out for both of us!
Feeling is mutual. If you're right you'll certcertainly be in a good position and I'll have made a mistake by not investing in it more, lol. I do hope Ripple goes to $2 and beyond. Be a win-win.
I do agree with profit generator definitely look into AMP. Huge potential there.
60%*
It's still overvalued...