It seems that people REALLY needs to understand why things happens in crypto, and why things dips.
Maybe somebody should write an EXTENSIVE HONEST DETAILED GUIDE of how to:
1. React, but do not act. 2. The "why" of the dips. 3. What identifies non-scam cryptos. 4. Why there is no MAGIC, only HARD-WORK, hard-defined algorithms that performs executive tasks when certain parameters are met.
5. "TO THE MOON" is a LIE. THERE IS NO SUCH THING!!!!!!!!! FORGET IT!!
THERE ARE ONLY COMPETENT ARITHMETIC ALGORITHMS. IF THERE IS NOT ANY, THEN IT IS A SCAM!!!!!!!!!!!
The value of economics are 100% psycological. The value of dollar or any other currency is 100% in the brain of those observing it. If no one cared, there would not be a dollar, and no value at all.
#Zephyr Protocol Whitepaper is one of the most elaborate whitepapers I have read in a long time. It explains how it operates as a #stablecoin and leverages PoW to provide the fundamental stability.
Whitepapers explains the functionalities of a projects algorithm, project goals and sometimes the philosophy behind it. The most famous whitepaper in the crypto realm is probably the #Bitcoin Whitepaper, and it has been translated to many languages.
The #Zephyr whitepaper explains in detail how the protocoll works, what is does and why.
Here's the direct link to the PDF if you want to download it and read it.
Here's what I think A EU lobbyist has a lot invested in other stablecoins rather than #USDT . They work out a prohibition against USDT, and keep the other is kept legalized. USDT looses, #USDC for example wins and the EU lobbyist gets richer. Legal Corruption if its the case.
Oh, come on!!! Ditch the stupid PoS system already!!!! Its NOT safe, efficient or secure. PoW is just superior. AND STOP MAKING EXCUSES ABOUT ENERGY-EFFICIENCY. IT'S A LIE.
The payouts vs energy-costs are so much higher. It provides an income to provide creative intelligent people who don't fit in the typical boxes. It's better to gain some cash from mining than mining actual lithium at slave-wages.
1. The Mainstream, which is institutional-friendly, bankers and wall street-compatible (Binance, #Ethereum , #Solana etc).
These platforms are designed for traditional financing, and flirting with official non-privacy enteties (Although Binance has a HUGE variety of services which I love, from future trading to classic GPU mining).
The Underground non-mainstream section have awesome security, HUGE ecosystems and super-solid technology, comminted communities and have code-transparency.
In the end, YOU make the call.
But always remember:
DO YOUR OWN RESEARCH COLLECT DATA THINK PRAGMATIC THERE IS NO CRYPTO-MAGIC THERE IS NO "TO THE MOON"
But..
THERE IS ALOT OF HARD WORK COMMITED DEVELOPERS SUPPORTIVE COMMUNITIES
A great Ace up my sleeve.... Every single new crypto investor should learn to analyze Github.com Here you can get an idea about if the crypto you are investing in is a scam, or legit code with fundament. So my advice:
#ZEPH Price growing steadily. Has not fallen below 2$ #USDT despite heavy coordinated FUD attack, and now the price is around 3.2$ #USDT average. It proves that #Proof-of-work is very effective to keep algorithms working wether there are a many active investors or not, or people FUD-ing. And its technology to provide an unbreakable stablecoin proves that crypto is more than a coin, its active algorithmic tech.
Proof-of-Work: Keeps working wether popular or not.
Si piensas invertir en crypto, haste el favor de estudiar el proyecto en github.com, ahi encontraras informacion especifica como el codigo en el que se basa el crypto.
#ZEPH #Zephyr Protocol is starting to gain momentum. First it rallied from 1$ to between 40-50$ in a few days. Now it's calmed down to 2$ for a while, but it's starting to grow now lately again to about 2.9$. But you can't buy it on Binance though, yet. Should easily replace #USDT since the tech is worked on fundamentally, and is just plain better!
Zephyr Protocol, a truly decentralized stablecoin.
Bear or Bull-market, innovators still innovate. Coders still code. Especially those with OCD and Autistic traits, they need to create their visions. Remember that #Bitcoin was developed when there was no market at all.
I still belive that Proof-of-work is better than staking. Why?
Because it ties the Blockchain to something real, and solid, which is Hardware.
It's like the value of a country's currency, which is bound to the country's production.
PoS (Proof-of-Stake) do have many benefits, but also flaws, such as easily becoming centralized, like #ETH
PoW (Proof-of-Work) is inherently decentralized, even if there's lot's of ASIC-machines hashing for larger mining conpanies.
But who can really stop a PoW-based USD stablecoin like Zephyr Protocol's #ZEPH or Ixian's #IXI private messenger? We are also waiting for Lethean's decentralized PoW-based #LTHN VPN browser that's in the works.
#PEPE went from PoW to PoS, because they got 51% attacked. How did they miss that, when there's so many succesfull PoW cryptos that can resist 51%???