BCH vs ADA (Cardano)
The last few days i keep listening all around me speaking about ADA (Cardano) and its great potential to invest in this crypto which will change your life etc etc etc. I never believed in ADA so i said '' all this noise (not in noise.cash) about what? Let me just have a closer look at it and try to see, try to make a decision if it worth this 'panic' or not''
So first thing first, i wanted to check it, in comparison to BCH. Why BCH ? Well because 'in BCH we trust ,the others let them pay in cash ' .I just searched about the price chart of both coins so here what i got
As you can clearly see ADA back in 2017 had a low of 0.017$ and a high of 0.78$ while BCH a low of 201$ and high of 4355$. In 2020 ADA had a volatility between 0.019$ and 0.18$ while at the same period BCH had a low of 139$ and a high of 493$.You can check the chart for yourself to determine which coin had the biggest volatility but to save you some time , i'm telling you this is ADA not BCH. This means that if you are a trader there is more potential to MAKE but also to LOOSE money if you play with ADA tokens. But lets face the truth, most of us are not professional traders so we likely LOOSE money rather then win while trading ADA!! So my opinion is that BCH WINS ADA in this specific field always according to my standards.
Now lets have a look on another factor which i consider pretty sensitive when i'm making decisions on coins,the maximum supply of coins.When we talk BCH there is a maximum supply of 21.000.000 coins with a current circulating supply of 18.662.488 coins. On the other hand if you try to check on ADA you will get a number of 45.000.000.000! coins. When i noticed that i said what the f###,what is this? I thought something was wrong with my eyes but not.As you see we are talking about 45 billion coins! with a circulating number reaching something more than 31 billion coins. In case you haven't got my perspective yet, i'm telling you i would never touch a coin with that maximum supply. So even in this terrain BCH is the winner,i will say again considering my beliefs!
Do you want to take it even further? Lets try see the market cap of the coins
Does this ring any bells at all? ADA has a market cap right now of almost 30 billion dollars whilst BCH of 9.5 billion dollars. In case you are not familiar with this kind of information i'm just saying that BCH has a lot more potential to grow bigger in a healthy basis compare to this 30 billions market cap of ADA. Come on guys be real, we are talking about 30 billions on ADA?...but why?...what is its utility to prove this market cap.
To cut the long story short, there is no way i'm getting myself involved into ADA.Let me lose guys i don't care! Thank you for your kindly motivation to persuade me to go buy 'paradise' (ADA). You think you are gonna be millionaires with ADA? Go ahead ,be my guest and i wish you all the best.I'm not in the pumping and dumping game and as far as it concerns me let me HODL for another 10 years my humble BCH and i leave the rest of the fun to you. I feel much more secure and safe with my BCH holdings ,and i true believe BCH is one of the healthiest coins out there! This is only my opinion do not take it as a financial advice!
Consequences of recent US CAPITOL riots
..i wasn't about to post today but the news are so breaking that i really am concerned about ' what's next '...
...if you haven't heard or watched US Capitol was under 'siege' (let me use the expression) by President Trump's followers...
...things....terrible things...terrifying things from my point of view happened...
...amongst them 4 people died...
...it's not a joke....4 people ..protesters, invaders, Trump-lovers call them whatever you like are dead...
https://edition.cnn.com/2021/01/06/politics/us-capitol-lockdown/index.html
...State Department ordered diplomats to stop posting on social media...
https://techcrunch.com/2021/01/06/state-department-reportedly-orders-diplomats-to-stop-posting-on-social-media-after-u-s-capitol-riots/?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAJV_4vnpMt-DWmcLGLFOkfvfpGI_2ecN8ZisdkUGLsksraIRvSeNv1JIHpXQjOZJd9Xqaji6g4SXhFhPr7-gPr0bSRXXRMd409dChVV3MiN3GBquK_82txC4B1Td3OMqPJkx7DtUdzUWFTNJFOoSgpODeIqBCznTMt1KuC3Ep_9D
...is this the kind of Democracy we are experience???...yes that's right...this is the kind of Democracy we are experiencing the last decades...
..."if something does not comply with our taste we forbid it and pronounce it illegal"...
....ok FCK them....and FCK them hard...
...but this is a fact....i tried to google the incident but when i clicked on the link the message i was getting was 'the content is not allowed in your country'..
...not in every result i was getting form google,just in some of them...
..i should have kept screenshots to prove this to you but i didn't so you can take my word as true or not!!
...anyone can say...this is bad...people should not react like this...this is violence etc...
...before you judge try to understand both parties...
...i don't think these protesters are the 'bad' figures...
...something is been going on for a couple for of months now that we do not know...
...and definitely i do not believe the fcken media and what they say to us about this horrifying crazy man with the dyed blond hair...
..the money behind this is big...
...something important is going on and i'm sure everybody speculates this...
...why am i posting this on leofinance you may ask yourself...i'm posting here cause i'm 100% sure this will affect economy in its roots....
..it will affect US Dollar....it will affect FIAT money and Cryptocurrency as well..
...Bitcoin is breaking all time records one after the other...
....the world will not be the same guys...we are entering a new Era ..
....GET READY...
originally posted on leofinance
https://leofinance.io/@funnel/consequences-of-recent-us-capitol-riots
#10# The Useless Tip of the Day
...We Hellenes say the phrase "the useless tip of the day " when we try to describe something that is useful in some way to know but is irrelevant in the current situation which makes it kinda useless....
...today's trivia has something to do with finance so i thought i could post it through leofinace as it is relevant to its general content...
...everyone of us has touched gold during our miserable lives....
...that means you are familiar with processed gold...i don't know if you have ever get the chance to hold 24k pure-raw gold but for sure you know how 22k ,18k,15k etc gold looks like....
...BUT DID YOU KNOW....
..that....
...there is actually so MUCH GOLD in the core of Earth...
...that can actually cover...
-LISTEN TO THAT-
... the whole surface of the planet in a depth of 4.5 meters!!!!!!!
...we are talking about millions of tons of gold!!!!...we are a gold planet after all!!!
Gold Thoughts #3
...as i have already told you gold silver and generally precious metal is something that i love...
...if you don't have experience with the raw form of them you will never understand somebody's obsession with precious metals...
....anyway to the point...
...gold is lying at 61000 US dollars at the moment...i have some friends saying to me...'remember we said the price will drop' ...trying to be smart at me...
...of course the price would drop you fcks....
...this is my answer to them....
...it is a correction move...this is my opinion...it's a correction move and it will rise again...
...lets see the following chart...
...as you can see it reached 66500 during August and lost some of its power the following months...
...you know something...
...gold price is almost at the same level as in 2011 when it reached all time high at 57.000 US dollars per kilo...
...i definitely believe the price is ok....
....as long as FIAT is in crisis, precious metals will always be a safe refuge...
...of course we have crypto...
...will crypto take FIAT's place ...even if it will precious metals will always be there...
....that's why i put my trust in them!!!
this article was originally posted on leofinance.io
https://leofinance.io/@funnel/gold-thoughts-3
hello everyone
just before 2020 leaves us , i decided to join read.cash after some friend's advice...
..i was a member on steemit blog since 2015 and i still am an active member on both steemit and HIVE blogs....
...i hope read.cash is as challenging as i think it is and of course a place where you can make some crypto as well...
...i don't want to burble any more,i wanted to make an introductory post just to say hello to the community...i'm sure there is much to learn in here but one step at a time i think is the key to everything...
...so i wish everybody a Happy New Year and hope to see you 'inside'...
...keep safe!!!!
@funnel
