Dark Horse Pick For Long Term Profits

in #bitcoin7 years ago (edited)

My Dark Horse pick for significant long term profits if executed properly is SAFEX.

Safex is a decentralized and anonymous market place for the block chain. This means an exchange where goods and services can be sold to anyone, at anytime, anywhere around the world anonymously. This is very powerful for buyers and sellers who want their freedom. Picture Amazon, Alibaba and Ebay combined but decentralized and anonymous. Privacy coins have been in high demand and Safex which is lead by Dan Dabek should be able to copy the recent success of Verge, Monero, Zcash, PIVX and other privacy related projects.

Safex unlike most crypto's has a unique value proposition, making it one of the ideal long term holds to succeed. Each transaction has a fee attached to it which means the more products and services are sold, the higher the revenue of fees collected. This means that the value should continue to rise. Even more unique is Safex shares the profits and distributes it to the token holders as a dividend.

It has recently been delisted from Bittex and Cryptopia supposedly due to the dividend structure and some code issues; both are being fixed as we speak. Some might be turned off by this news, but I believe that creates opportunity to invest when sentiment is down but the project is moving forward with everything as planned. The same thing happened to Bitshares causing it to drop to $.045 Once it was added to some exchanges it ran to $1.

It is currently only traded on Tradesatoshi, but it was announced to be listed on a new exchange this month with others in the process. Safex is trading roughly a $60-70 Million Market Cap. Let's put this in perspective. Alibaba has a market cap of $484 Billion and Amazon $615 Billion. Could it potentially reach 10% for a $50-60 Billion Market Cap? If so. that would be 833X !! Wow, What would happen if decentralization and privacy takes it past the old market places? John Mcafee has been on record saying SAFEX will pass Bitcoin's Market Cap. Is it feasible yes. Is it likely no, but there is only one way to find out.

Safex is releasing its Whitepaper (They call it Bluepaper this sunday) Their new website is being finalized and the market place is expected to be dropped in Q2 of 2018. At only $.037, this has a lot of room to grow. And quickly. This is likely to be valued at $1-2 Billion once the exchange Is released. Currently Bitbay has a market cap of $186 Million and Syscoin $402 Million.

This makes it my dark horse pick. Full disclosure: I own SAFEX. Do your own research as this is not financial advice, but if executed properly, this could have Bitcoin like returns and bring you to the moon.

@CryptoLegend

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