Senior Software Developer, Entrepreneur and Investor. Crypto Swing Trader since 2017. I just like to share the idea for trading (SPOT) and #eCash fundamental.
Absolutely YES, here is the basic fundamental reason. 1. Roadmap is clear. 2. Well maintained, scheduled to upgrade 2 times/year. 3. Self Funded on-chain via social contracts. 4. Inflation protection by halving event dan fixed supply. 5. Staking Rewards. 6. Low Fees and Instant Transaction. 7. eCash has own blockchain (not token smart contract). 8. Support Privacy (Optional).
Use case in real world: 1. As global peer to peer electronic cash. 2. Big Industry Mining. 3. eToken for Decentralized Finance. 4. New Currency at world class level, scalable up to 50 Billion people. 5. Self Banking or Non Custodial Investment, for example >> https://ecashstaking.com
Note: - Same as bitcoin, #eCash has no CEO, no Company and no Foundation. - Privacy on #eCash is optional at user level, user can set it on or off, so it won't affect with government regulation. - When you see bitcoin is valuable today, then eCash is same valuable and technically will be more valuable than bitcoin in the future.
#eCash is BIG HIDDEN GEMS. Invest wisely, don't miss your future.
In case if you want the HD quality image >> https://i.imgur.com/3c44eZg.jpeg
Hal Finney quote for Extropy Magazine, May 13, 1993
“If you see a proposal for an electronic money system check to see whether it has the ability to preserve the privacy of transactions the way paper money does today. If not, realize the proposal is designed to harm, not help, individual privacy”
Actualy $XEC #eCash has a roadmap for privacy with zk-Snarks in the future. So let's invest wisely.
What happens to miners ( $BTC or $XEC ) when the #coinbase reward runs out?
The idea is that at this point there are a lot of transactions on the blockchain within each block to be profitable enough to mine. Because the block reward is not just the coinbase, it is also fees per transaction.
So if you ideally have millions of transactions in one block, even a subcent fee per transaction would make finding a block very valuable.
Knowing this, we can ask ourselves how BTC is trying to fix this issue because they are not scaling blocks to be able to accommodate millions of transactions.
Their idea (BTC) is to have high fees with few transactions. But eCash chain has designed to have low fees with high transactions throughput.
Today if you see that BTC is having a high fees, then its normal. Because the fact is you can't spending under $10 with BTC if you have to pay the fee around $89.
Actualy the coinbase rewards is predictable, it will runs out at year 2140.
I can't imagine how much BTC fees, in the future at 2140?
However, Many people saying that BTC is not for spending, just buy and hold forever. lol, this funny. Many people saying, there is Lightning Network and L2 for BTC in the future. yeah I also wait for it, but I keep thinking this is not a true solution.
Conclusion,
Keep asking to yourself, if today BTC is not for spending because of high fees, then what is the counter option for #CBDC in the future? for freedom? The answer has clear, its $XEC #eCash .
But as investor, you should have an open minded. I still investing on both btc and xec.
#Bitcoin last week was closed in not good position (1D timeframe), so I think this week $BTC still continue doing correction more deep. Take this as an #opportunity .
The ideal price to #DCA $BTC is at range $48K - $52K.
But don't worry the big picture (1W timeframe) is still #bullish .
Today I feel a little shock about the price down on mostly alt coin. Actualy $BTC only down around 4% but alt coin down more than 20%. The trend #Bitcoin still bullish in my chart.
Then what causing this?
Gold hit new ATH, then gold are on selling pressure on the market makes Fiat pump hard.
You can verify to check all USDT vs Fiat.
On Forex Market they're closed at weekly, so you cant see whats happening on there.
Conclusions,
- BTC still in bullish trend so I think this not related about whales dumping bitcoin.
- Gold still in bullish trend, but many trader were shorting it.
- Fiat also bullish, but I think it only a short time. because fiat is too high, its not good for business, they're (banks) will be handle this on monday.
So let's see what will happen on monday. Sorry I couldn't put many charts here. you should verify this by yourself.
And also this analyst is based on my opinion. The data is based purely from the chart information. I don't know what happened out there, yeah we know that maybe there is many geopolitical reasons.
Awesome, the effect after halving is the selling pressure from miner and staker will be -50%. So right now the fair price value of $XEC #eCash should be 100% from price today. Keep #hold $XEC until the price rising. #eCashHalving
LIVE
eCash
--
Bullish
The eCash #halving is officially complete! ✅
The block reward subsidy has been reduced from 6.25M $XEC to 3.125M $XEC as of block height 840,000. The yearly inflation rate is now at 0.83%.