FreeBitcoin‘s weekly Reward Points promotion is on. We have reviewed FBC Reward Point system extensively; albeit, (spoiler) the grand finale (aka “how saving up Reward Points can let you quit your day job”) publication is reserved for DMYF‘s 2.0 website opening.
As cryptocurrency market capitalisation shrinks, faucets’ generosity increases.
(hypothetical) Faucet’s admin’s’ train of thought: im order to retain traffic, rewarding users with a few more litoshi, satoshi, duffs etc. per claim while cryptocurrencies are cheaper to purchase is a must.
(hypothetical) Pessimists’ (apocalyptic) train of thought: all is doomed! Cryptocurrency market is collapsing! It’s all been a waste of time! Screw this bubble! I’m transferring all my cryptos to LuckyGames, playing BlackJack till my last Satoshi! Wait… What if I win?..
(hypothetical) Optimist’s train of thought: “cheap crypto = best time to faucet. BonusBitcoin average claim is 32 Satoshi per 15 minutes, while some time ago it was as low as 14… What if… history will repeat itself?..”
DMYF editorial train of thought… will be elaborated upon in a separate publication. Although to dissolve panic and elevate spirits…
PayPal‘s $400 million acquisition of Hyperwallet is complete, as announced on the 15th of November.
How is that supposed to calm the nerves of crypto HODLers?
Elementary. first Warren Buffett, then PayPal throw $1 billion in FinTech projects, e-currency and e-commerce. The so-called “financial revolution” proclaimed by investo-cryptoevangelists is primarily referencing decentralisation of financial transactions, opportunities presented by blockchain technology and transparency of open-ledger cryptocurrencies. Cryptocurrencies belong to the same world, – thus, if investors are fearlessly investing in FinTech, the markets should not fear government regulation, – government being the only entity powerful enough to put a decisive end to means representing decentralised exchange of value, – be that Bitcoin or TrumpCoin.
As long as the currencies in your portfolios have legitimate real-life uses, offer novel solutions and their value is determined by something more feasible than pump-and-dump scams, they will retain their respective, adequate market value.
Unfortunately, predicting said “adequate market value” is more difficult than looking at last year’s charts.