History lessen! (personal thoughts)

By dvs007 | minehunter007 | 9 Aug 2019


1st of all, I am not looking into the history. This is just me and my recollection of how BTC came to be what it is now!

This post isn't just about BTC, it's about all the crypto out there and the idea that new crypto is suppose to be worth something from the get go.
This idea is totally off, how did BTC start? Did they say hey, we have something new and we'll just have fun with it.

Coppied from google----> (just to make a point)
On 17 Mar 2010, the now-defunct BitcoinMarket.com exchange is the first one that starts operating. On 22 May 2010, Laszlo Hanyecz made the first real-world transaction by buying two pizzas in Jacksonville, Florida for 10,000 BTC. In five days, the price grew 1000%, rising from $0.008 to $0.08 for 1 bitcoin.   <----This is from google

Now a days creators make a ridiculous amount of coins/tokens. Putting them in a value that 99.99% of the time isn't realistic.
Personally I think because of these groups of people trying to do there own thing is hurting the market to much.

Amazingly people don't seem to care, yet outside investors are looking into these coins/tokens and it becomes very clear to me that this
is blocking people from buying in because of these numbers. 

If there's any hope, 80% of all coins/tokens need to be refunded and burned. So that there's a smaller amount of tokens and coins out there.
It'll or again in my opinion it should have a clearer view on which is which and what's what. 

All these coins/tokens create an even bigger issue. Scammers are having a field day with these new projects and they copy
share and get people to lose money, instead of stopping this insane behavior and just working on what we have. 
We might've been much stronger today then we are now.

Amazingly no one seems to cover this.
No one seems to realize that they're the reason the top 100 coins and tokens are suffering so much. Why you wonder?
Well, it's pretty logic if you ask me.
Because of the small amount of people investing into coins/tokens (last I read or heard it was 7% from all people on the planet it blocks growth and A lot of it gets lost because of these negative people that steal rather then build. But that's not the only thing, just think that there's only 100 coins and 100 tokens.

What would that mean exactly, well all the hashing power would be pushed into a much smaller amount of coins/tokens which would boost them a lot more a lot faster. Agree or not I'm only speaking from my mind and understanding of what is happening.

Now the new network this, new ways to create more coins/tokens it's becoming way way to easy for people to create them and honestly that's a massive problem as well.

Do you think BTC was made over night?

Trust me it wasn't and it took a lot of thinking and work to get that up and running. This is why history is important, because
people forget how hard and time consuming it is to make something new. 

Please share this with all your friends. I would love to see creators of coins/tokens come here and share there thoughts about this as well.
If I could reach only 100 people to bad but I'd love to see this go to the moon. As some claim some coins/tokens will go too.

Anyway, ending this post, since I've pretty much said what I wanted to say. 

But I wouldn't be myself if I didn't put one thing out there, now before I say what I'm about to say. Know that I have no stake in this. I mined it a bit here and there and I just love the team of this project.

Now because I believe in these people and what they're saying makes a lot of sense. It's not about how much a coin/token is worth but now stable it becomes. And that takes a lot of work which is why people that put BTC in the trash. Have to admit now that it'll never go away, why is that because time and a lot of effort has gone into this. And that's the key, not the amount of what something is worth but the amount of people working together to build something which is why new coins/tokens are hurting us in my opinion.


And lastly. 

If you look into my account here, you'll find some pictures of a pretty great project.
It's called Arqma, and after a year of being with these people. I've learned a lot more
about what all of this was suppose to be. And honestly it wasn't for personal gain it was 
suppose to be for everyone to gain and share and give everyone a change to have a stable life.

Now This project put a time on when they'll start boosting the value of Arqma.
30 years he says before Arqma is going to be not only great but well known for the effort
and work they put into it. It's not just about mining something. They're doing something
very smart if you ask me. 
Personally I think this is his baby and when he will stop working and enjoy life Arqma is going
to be released like no one would have expected. What that means exactly. 

Well, I can only tell you to go meet the person behind it. I respect him and trust him like no other.
Yes I trust easily and it has costed me money because of scammers and cheaters.
Which is why I am not only in love with this project if the day comes that I can do some serious
investing. Arqma will be it for me, mine and hold. grow old and enjoy it then, not now.

Thanks for reading all of my thoughts about this subject. 
Cheers.

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dvs007
dvs007

Just a guy trying to make his way into the crypto world ;)


minehunter007
minehunter007

Data analogies about cryptography charts and technical analysis make everyone an expert now a days. I'm just going to cover my thoughts. And Arqma is just a group that I respect a lot. That's all!

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