Never moved any BCH from wallet since SmartBCH arrived
24-04-2022
It's 2022 going and we've Smart BCH where peoples are moving and staking or farming their BCH instead of keeping it in cold wallet without moving it anywhere
Either they don't like DeFi or there's some other reasons why some peoples aren't moving any BCH from wallet since arrival of smart BCH
Almost more than 100k users from noise and read hold BCH maybe less than what I'm saying but on the basis of some other analysis It's just an idea
Let's make it 50k active peoples on noise and read can move their BCH to Smart BCH and minimum amount they hold is 0.1BCH to 1BCH than imagine how fast we'll grow
But tbh activity on noise and read a year back when simon and other was always active and running different schemes really effects BCH prices to move up or it was just a bull run effect any possibility well we shouldn't ignore the butterfly effect so community efforts always counts.
If we've 10k peoples making daily posts on twitter using trend of smart BCH than it will catch attention and i believe tip.bch should go live right after Sha gate arrival.
Anyways these are my thoughts and have much ideas to bring Smart BCH many peoples but will leave it here.
Top BCH rich list
This list clearly indicates peoples holding BCH and they're not moving their BCH to Smart BCH maybe coz they don't know or they're not willing to take risk or some other reasons.
More than 70% of Smart BCH TVL is available in wallets where peoples hold from 0.01 to 0.1 BCH, like 70k BCH stays in 2.3m different addresses which is approx $22m almost 70% of Smart BCH TVL.
SmartBCH TVL will 3x if
All peoples decides to move bch value from 0.1-1BCH a total of 1m addresses hold BCH move to Smart BCH which is above 300k BCH 3x than current smart BCH TVL.
And i believe 0.1-1BCH is peoples who earned BCH from noise or read it's been a year and they've distributed more than our imagination or expectations so if these all peoples move then it's their own benefit instead of holding in wallet doing nothing.
And if every single wallet decides to move in smart BCH and just stake their BCH or farm it without much risk or trading other Smart BCH assets it will just explode whole Smart BCH and millions of peoples will definitely move or give attention to Smart BCH
I can see smart BCH tvl 100x or 1000x if this happens and one day it will definitely happen and the reason why I'm saying is.
Reason big whales aren't ready to move
We're seeing smart BCH TVL is now neutral nor it's increasing or going down and peoples are saying we need more marketing to onboard peoples and there's nothing wrong in it but peoples won't be ready to move
So expecting big whales to move their BCH or non BCH big whales to move in Smart BCH is kinda impossible
Firstly on top of the reason Smart BCH is Centralised and I've seen whales talking why would they use coinflex to move BCH or it's quite risky coz of this centralisation
So expecting whales with this type of mind who don't believe in Centralised stuff won't steps in smart BCH until Sha gate a bridge which will make Smart BCH a completely Decentralised DeFi Smart chain
And than whales with different mindset who believe DeFi is ponzi and just a money print machine or whales who definitely never touches their BCH and will remain in wallet
But i believe those whales who don't touch their BCH and keep it in wallet will move their BCH to Smart BCH and will leave it their once it will be decentralised so we can see TVL will increase sooner or later and we all are too early.
Never moved any BCH from Smart BCH
Their literally many reason to stay in smart BCH and involve with strong projects with real use case or value unlike project without any use case or development
Reason i never moved any BCH from SmartBCH till now is i know what's coming in future.
It's been more than 7-8months since I moved BCH from wallet to smart BCH and it will remain there
I literally never moved a single cent of BCH from Smart BCH till date and yet I'm not going to do this ever.
Being in a legit project with unique roadmap will not lead to disaster and when TVL will grow community will grow than thing's will become much better than now
Tbh, my portfolio is like -60% now in just last 2months bad decisions and whales taking all profits but I'll hold sometimes i get a thought to move my capital investment at least incase something bad happens but than i simply ignore it. Gotta trust on it and hold tightly.
Though whales who was never a whale before Smart BCH starts a campaign with little funds from their portfolio for marketing purposes and projects owner itself than things can become much better from this current position.
Fin.
It's totally based on my personal thoughts and saying what i felt is better for Smart BCH anyone can agree or disagree with it or can ignore it simply.
We'll see things will change with the passage of time and also less expectations doesn't hurt much so I'll simply keep my expectations less.
Anyways wonder when this bear market will end in Smart BCH and I've learned few lessons from this and might share with everyone in my upcoming topics
For now, my main concern was to tell I'm not moving any BCH from Smart BCH or never moved till now and not keeping anything in exchanges when Dex are more safer to keep BCH safe.
Oh I wanted to understand what you are writing but I think I can't fully understand it. I just know about bch through noise.cash and read.cash. If you dont mind, what is TVL? My earning in noise.cash and read.cash is in my coins.ph wallet. What do you mean by smart bch? Is it also a wallet?