By definition, a decentralized cryptocurrency must be susceptible to 51% attacks whether by hashrate, stake, and/or other permissionlessly-acquirable resources.
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THIS WEEK ON ADMP: We finish the year 2019, and a ‘“2010’s burning decade” to start a new year 2020, and a new decade, the 20’s, that will either be ‘crazy’ or ‘Swinging‘, depending…
We open 2020, with one dataset that should calm-down all Bitcoin and ‘Top10 ‘ crypto-currencies ‘Haters‘, for at least, another decade ! >>
** At the begining of 2019, Bitcoin’s value was $3500 and at the end of 2019? : $7500 /–> That’s 100% RETURN on Investment (#ROI) !
You want BETTER STATS?
#GATSBYNOMICS 101 : Organize as many parties, as you wish in order to get what YOU WANT !
#Lol! :))-
Nah..seriously, you want BETTER STATS?
>> Since its ‘Digital inception‘ in 2009, Bitcoin price over a decade as seen on the graph above, behaved as such:
</> From $0 in January 2009 ==> $7500 in 2019! – That’s more than 8.9000.000 % GAIN !! </>
>> Despite some shortcomings and so-called ‘volatility’ – We’ll see below – this DECADE
(2009-2019) has purely and simply been the BEST #CRYPTO-DECADE of ALL TIME !! <<
… Mickael Jordan! Payton Manning! Lebron James, Roger Federer, Rafael Nadal, Serena Williams, ‘Kim Kardashian‘, even the ‘Rock’, ain’t got nothing on Satoshi Nakamoto ! :))-
The same could be said about the basket of cryptocurrencies called the ‘Crypto Jackson#5‘: Monero, Ripple, Bitcoin, Ethereum, Ripple, which finishes on average, above 60% of the value the basket had at the beginning of 2019!
READING THIS BLOG, will guaranty that you are on the RIGHT SIDE of History, on the right side of Technology, …
On the right side of the concepts, and iterations behind those technologies, too !!
–> This is the follow-up or ‘Part II’ of our ‘State of the coin 2020’ about the CRYPTO JACKSON#5 or the TOP5 Cryptocurrencies in the crypto ecosystem, also known as the ‘Space’ !
Editor & Words: Crypto Social Media Tactic by Hermann Djoumessi, MA
#ADMP Social Media Consultant
Let’s remind ourselves how Social Media Operate, first: The Digital Inception as explained earlier on this blog, should set the core principles of any content creation online in the 21st century.
>> It should help you mind-map how you would go about creating content online, for a community.
‘Digital Inception‘: A set of digital processes, enabling the fast-spread of a message or a concept on social media, and measure its impact via analytics – At the beginning, was the BloG!
Let’s repeat ourselves how Social Media Operate, second:II CC MM : I2C2M2
– Ex: A Facebook profile displaying via a smartphone, the weather information, simply by filming outside its window – Also consider another I, which is for Information technology, as social media uses computers, machines and devices, the internets in order to spread its message
– Ex: Most cryptocurrencies and social media platforms, have an operating algorithm and ‘Artificial Intelligence‘ setup, to curate what the user or fan will see at the top of their feeds.
As a reminder, there are four types of ‘Artificial Intelligence’
-Ex: Reactive machines
C: C for Communication/Community
– Ex: Social Media fulfills several communication tasks, like Public relations for a B2B or B2C communications, ‘Citizen-journalism’, where citizens on a P2P basis, (‘Peer-to-Peer) decide to ‘record history‘ and share it with their friends, a community or their profiles.
>> ‘Anyone’ can simply decide to be a media, serving a close or wider community.
C: C for Connections
– Ex: Social media relies on several connections technologies and procedures enabling the fast spread of content inside a Community, a social media manager will have to build and nurture
> You could be using a chatbot on Messenger to increase “Mass” P2P leverage and connections, with your community in a Growth Hacking strategy. As they seem to enjoy it, in P2P Lending, in India, for example!
M: M for Media. – Ex: Social Media can of course be used as a media or even a tool for propaganda, entertainment or education
M: for Marketing: – Ex: Most of the social media concepts, have been articulated by digital marketeers, who were the first to exploit its powers commercially.
Add to that, the fact that they are very good at ‘self-promotion’ and you understand why the ‘first social media gurus’ were often former marketeers.
‘Citizen-journalists’, ‘Mainstream and Alternative medias’, ‘Governments’, ‘crypto-communities’, ‘Businesses’, all the ‘stakeholders’….
will soon redefine how we view and perceive social media networks.
Most of the times, those heartfelt statements by those ‘Gurus’ and marketeers, do ring true and do achieve some sort of ‘change’.
>> Articulating ‘Hope’ is often the best way to set electronic influencers in motion...
However, the same could be said about ‘articulating Fears’: >> Fears of scammers, fear of (some) government, fear for privacy …
Here is a sample of our latest podcast, STARCAST S1E2, in English :
YES, there are many…
From regulators, scammers, various ‘Nah-sayers‘, Hackers, Technophobes, central banks, Federal agencies, …
and…
… Technology, too? :
Yesss….
In a tweet earlier this week, CharlieLee stated that ” every decentralized cryptocurrency is vulnerable to 51% attacks therefore, any blockchain that demonstrates an immunity to this type of attack, must be centralized and permissioned ! “
By definition, a decentralized cryptocurrency must be susceptible to 51% attacks whether by hashrate, stake, and/or other permissionlessly-acquirable resources.
If a crypto can’t be 51% attacked, it is permissioned and centralized.
“By definition, a decentralized cryptocurrency must be susceptible to 51% attacks whether by hash rate, stake, and/or other permissionlessly-acquirable resources,” (Charlie LEE)
> This is clearly something that you should think about … Always somewhere at the back or ‘front’ of your mind…
The ‘Baby Bitcoin’ is a fork of its ‘Big Brother‘, Bitcoin! The “Original Altcoin‘ is still having its own ups and downs, similar to those of #Bitcoin, by the way!
#Litecoin was designed as a peer-to-peer cryptocurrency and open-source software project released under the MIT/X11 license.
Creation and transfer of coins is based on an open source cryptographic protocol and is not managed by any central authority.
It was the largest one-day percentage loss since Tuesday, September 24, 2019.
The market cap of Litecoin has lost a staggering $4.5 billion since June’s high of $145.
It now stands at $3 billion, which is $1 billion less than both Bitcoin Cash and #Bitfinex’s controversial stablecoin, #Tether
>> Every PoW Crypto is [Technically] Susceptible to 51% Attack, but Litecoin ain’t one! (C. Lee)
The anonymous peer-to-peer internet currency is still growing strong.
The crypto-Top-Players and makers, will also have a huge influence on market moves and price changes! Check out #ADMP top list of tech companies within the space like:
We frankly have nothing to say about it and would rather ask you to grab this valuable report by ‘Market Watch’ to know a bit more !!
Monero is a digital currency that offers a high level of anonymity for users and their transactions.
Like Bitcoin, Monero is a decentralized peer-to-peer cryptocurrency, but unlike Bitcoin, Monero is characterized as a private digital cash.
Inside the the Monero-sphere (The ‘Monero cyber-community’), #MONERO developers are notoriously camera-shy and tend to avoid #Youtubers like the plague !!
Although the #Monero Facebook page has 29 000 Followers !
Here’s the Social Media SPIKE around #MonerO, going forward into 2020:
–> Poland-based #BitBay is the 90th largest cryptocurrency exchange by 24-hour trade volume, according to data from Coin360.
In late 2019, the exchange had a daily trade volume of just over $20.7 million and is among the largest, when it comes to #MonerO.
Proof-of-E-Reputation-Kryptonite:
The highest level of KRYPTONITE is reached when a “Crypto-Scam-claim” or “Zero-Day Vulnerability“, that is ‘discovered’ and ‘Highlighted’ on Social Media that seems to gain velocity, engagements, reaction, across online chat rooms, sub-reddits, and online crypto-groups.
Those ‘vicious’ operation can sometimes undermine the technology or the team, behind it
>> It can bring the price of your cryptocurrency down to zero !
Cryptocurrency exchange #BitBay will delist privacy-centric cryptocurrency Monero (XMR) due to money laundering concerns.
And this is a trend that could fast extend to other exchanges in the near future…
In many words, #Monero is facing a E-Reputation crisis!
–> Nothing that a good ‘crisis’ or ‘Social media Counter-Punch’ strategy couldn’t handle, of course!
In term of crypto-social media any positive comment or ‘Social Media punch’, would potentially push the currency’s value up and contribute to a “PUMP” move on the currency price.
In this setup and conditions… A Social Media ‘Counter-punch‘ would contribute rather to a “DUMP” movement and bring the currency value DOWN.
Tell #Monero to contact us @ADMP for advices to plan their rise back into better E+Reputation ! : teamadmp@gmail.com
One of the Afrotech Diaspora‘s favorite transfer payment brand, #MONEYGRAM, is getting deeper and deeper inside the ‘Crypto-Space’ !
And it has used Ripple for its settlement and transfer system >>
This past week, cryptocurrency giant Ripple, increased its equity stake in MoneyGram international (NASDAQ:MGI).
Ripple initially invested $30 million in the money transfer company in June.
Ripple’s On-Demand Liquidity (ODL) solution leverages its controversial XRP digital token to “send money globally, instantly, and reliably for fractions of a penny.”
On Nov. 25, Ripple announced that it was investing another $20 million, bringing its stake in MoneyGram to 9.95% !!
> Watch out for that SPIKE! It could be the leading storyline around #Ripple in 2020 !! :))-
Civilian awakenings, technology changes, #FIATZeroRateERA: FIAT Currencies Collapse to 0% interest rates era which ‘historical’ and unique!; Population uprising, saber-rattling, war mongering, peace, …
>> ALL could influence cryptocurrencies prices and technology-adoption rate
AS YOU CAN EASILY PREDICT: The CRYPTO JACKSON#5 will again, live through an historical year in 2020…
So many outside or inside crypto-arbitragers could influence, the value of those crypto-assets and therefore, the state of Blockchain technology adoption.
We won’t even mention Bitcoin halving coming up this year , around May 2020 – Which should at least ‘double’ the price of Bitcoin, if you believe some analysts – the rise (or drop) in research budget and affordable crypto-case studies !!
==> A lot is at stake and hinges on these prices, as you can see…
As a matter of fact, it goes beyond sheer speculation:
It is a matter of Ultimate Survival for the Space!… And #ADMP will narrate you that story, in depth!
SO…
STAY TUNED, LISTEN TO OUR PODCAST and BOOKMARK our WEBSITE, then SHARE IT around you !! :))-
END of PART 2/2
Editor & Words: Crypto Social Media Tactic by Hermann Djoumessi, MA
#ADMP Social Media Consultant
ADMP is SELF-FUNDED, PLEASE TIP US:
If you like what we do and want to support ADMP and the crypto ecosystem we are trying to build with many startups, then support our effort by tipping us below:
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#STARCAST, the Influencer’s Podcast is through #ADMP MSU (Multi Social Media Universes), available below:
Youtube >> https://www.youtube.com/watch?v=HfYKc0ZpHPY
Soundcloud >> https://soundcloud.com/gswyshnllie8/starcast-s1e2-tozex-token-made
Spreaker >> https://www.spreaker.com/show/starcast-influencers-podcast
Spotify >> spotify:show:1wVfoqQAVCCVabSsitS1A5
Google podcast >> https://buff.ly/2PSrIA1
Deezer >> https://www.deezer.com/show/654082
Youtube >> https://www.youtube.com/watch?v=WG8rJC6uDCY
Sur DEEZER >> https://www.deezer.com/show/654162
SPOTIFY >> spotify:show:5erNDxUUb1EgS9HcNXSDXp
SPREAKER >> https://buff.ly/364fVEx
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