This Rocket is Ready to Launch

For the past six months the crypto-currency market has been on a rocket ship straight up leaving many behind in the after-burn. Sometime during mid 2017, the total value of the crypto-currency market was somewhere around $50 Billion Dollars, and today it hovers around $725 Billion Dollars and growing. The World's thirst for cryptos is far from quenched, even with nearly 1,400 different crypto-coins and tokens.

The Bitconnect platform has answered the World's call for crypto-currencies via their Bitconnect Lending platform as well as their Bitconnect Coin (BCC). For well over a year, many have shouted from the Mountain Top that Bitconnect is a scam and would destroy the reputation of the crypto-currency market, causing harm to not only investors in the so called scam but the whole market in general. This doomsday scenario has yet to play out, and instead quite the opposite has actually taken place. The Bitconnect Lending platform has not had a single missed payout, unlike some Cloud Mining operations ( I won't say which), and the Bitconnect Coin has skyrocketed from about $50 in the Summer 2017 to presently about $350 Dollars.

Now Bitconnect appears to be taking the next step with the announcement of BitconnectX. So far there is only a website with a countdown clock showing that whatever it is, it goes live in around 17 hours. There are very few clues to be gleaned from the website, but the most logical guess is that BitconnectX will most likely be some sort of a mineable/mintable coin/token, either through Proof of Work or Proof of Stake. I also believe this coin/token will also be like the BNB token used by Binance.com on its trading platform. If you hold BNB tokens in your Binance account, you can pay 50% of the commission with those BNB tokens. If you happen to have bought BNB at $0.10 cents, or even $2.00 or $4.00, those commission savings could add up, especially with the BNB token hovering near the $20 Dollar mark.

If, big IF BitconnectX is a token to be used on the possibly new BitconnectX Exchange (thus the X in the name), then this might be a great ICO to look into. As I said earlier, many continue to call the Bitconnect platform a scam and a Ponzi scheme, and yet it continues to perform as intended. This should bode well for the BitconnectX ICO, even if there are some lingering questions like who are the founders/owners of Bitconnect and BitconnectX? Should BitconnectX be tied with a trading exchange of crypto-currencies, The BitconnectX (BCCX - this is the symbol I assigned this new token, remember where you saw this first) should do extremely well, for as many are saying, 2018 is the year of the Utilty Coin/Token, and like the BNB token, the BCCX should have a similar experience.

The Fear Of Missing Out currently outweighs Fear Uncertainty & Doubt, that is why the crypto-currency market continues its maddening pace. I think that FOMO will again win the fight against FUD when the BitconnectX ICO launches. I say buy a ticket for this rocket ship if you can, for as they say, Space is the Final Frontier!

@streetstyle
01/09/18