It’s fall, and things are falling all around us: Leaves from the trees, rain from the sky, the Miami Dolphins offensive line, and the price of Cardano. This past month ADA has seen just over a 10% correction; so that means we should all panic sell right? WRONG. Newer investors see this pull back and fear the worst, while veteran traders view this as an opportunity for a better entry point. I read some of the comments and I hear the FUD everyday; it’s all noise to get you to sell before the real pump happens. Trust me when I tell you, Q4 for Cardano will exceed all expectations. Grab your pumpkin spice latte, kick back, and find out why.Read More
Lets get it!
Welcome to BitBoy Crypto. Home of the Bitsquad, the largest crypto community in all of the interwebs. My name is Ben. Every day on this channel I show YOU how to MAKE MONEY in Crypto. If you like money and crypto then make sure to hit that subscribe button. In this video, we will discuss recent news regarding Cardano and it’s eco-system, learn about some new “killer” CNTFs on the horizon and why Q4 will be MASSIVE for the coin we all love so much.
The Cardano road map is organized into five eras: Bryron, Shelly, Goguen, Basho and Voltaire. The Alonzo hardfork was fully implemented this September, which marked the end of the Goguen era. Now we’re on to the Basho era, which will start sometime in 2022. The Basho era will focus on improving Cardano’s scalability, interoperability as well as integrating on-chain governance and sidechains. These sidechains carry some of the load from the main blockchain to increase the capacity of the network. According to Charles Hoskinson, the Basho era will answer the question, “How do you go from thousands to tens of thousands to a hundred of thousands from millions to billions?” This increase in scalability will be crucial to the big picture of Cardano considering how many millions of unbanked from around the world will be on-boarded to the project. Earlier this year the Cardano Foundation partnered with the Ethiopian government to accommodate over five million students and teachers to assist with their educational system. Charles is currently touring Africa right now. He’s been giving speeches, talking with politicians and laying the groundwork necessary to integrate Cardano with an entire continent. This has already resulted in a new partnership. According to Tosan Olajide from Financial Watch, “Emurgo, the investment arm of Cardano, has partnered with one of its subsidiaries with Adanian Labs, a pan-African venture studio that is focused on building a platform where African tech start-ups can thrive and access all key resources that allow them to grow sustainably.” According to a statement issued by Adanian Labs in regards to this $100 million dollar investment vehicle, “This investment is focused on achieving one of the goals of Cardano which is to bring financial and educational empowerment via its blockchain platform to the billions who lack these opportunities.” This will give countless African tech start-ups key resources they need to grow and thrive in their new ever-growing community, and it’s all thanks to Cardano.
Speaking of $100 million dollar Emurgo investments…Emurgo announced at the end of September that they are going to invest $100 million into the Cardano ecosystem to accelerate DeFi, NFT solutions and blockchain education. Their new investment vehicles, Emurgo Africa and Emurgo Ventures, have already made seed investments in Cardano focused projects including Adanian Labs, Adaverse and Milkomeda. If you have any doubts about Cardano, focus less on the price and more on the ecosystem. It is constantly growing and improving, and although the price of ADA has been stagnate in the past month, doesn’t mean that they’re not growing.
The CEO of the Cardano Foundation, Frederik Gregaard was on a podcast recently and broke down some future updates for Cardano. He spoke about the importance of the governance portion of Cardano that will be developed in the upcoming Voltaire. Gregaard was emphatic when he said that the next great struggle for blockchain isn’t digital identities or tokenized stocks, it’s governance. Who is in control of these systems that will be running the world soon. Governments don’t want to give up their controls to a centralized system let alone one that is truly democratic. It looks like the next 18 to 24 months are going to be a harbinger of decentralized blockchain. Cardano is fully invested in a decentralized future but it appears that there are going to be monumental hurdles ahead. This matters. And you need to stay engaged with whats happening in blockchain governance. Defi and cryptos ability to disrupt legacy finance relies on it remaining autonomous and decentralized. The Cardano foundation is hoping to keep as much of the benefits of a centralized blockchain; speedy updates, tighter controls, better focus on new developments, but bring them to decentralized chains. Centralization gives up A LOT in security and network affects on innovation and those are going to be what defines blockchain in the future and keeps it from becoming stagnant.
It’s interesting to note that Gregaard doesn’t view Ethereum as a competitor to Cardano. Instead he sees DOT, ALGO and TEZOS competing against Cardano in the coming years and has a lot of respect for those projects. Keep in mind that DOT and Cardano share some of the same DNA with their consensus mechanisms.
In the spirit of Halloween, it makes sense that Booberts, a new Cardano NFT is launching. The release of 10,000 unique “cute ghost” NFTs drops October 29th of this year. Each ghost has a different costume, ranging from pumpkins, to witches, zombies, vampires, mummies, and even the devil himself. On their roadmap, it shows that they are making ghost NFTs that stick to the theme of landmark holidays throughout the year, starting with Halloween, then Christmas, Valentines Day, and Easter. If you see any of these ghosts at the bar, you know they only came for the BOOS. xP Learn more at boobert.io.
The carnival is in town! Get your caramel apples and take a ride on the Ferris wheel at Cardanival, another Halloween/ Carnival themed Cardano NFT. The Cardanival will also have its first act on October 29th this year. There will only be 336 of these killer clowns in existence. With a minting price of only 35 ADA, these clowns are to die for. They are even giving away one clown NFT on the 29th. Having one of these in your collection would make Pennywise happy that you have IT.
A tweet from Beanie.eth points out that “The Total market cap of every NFT in the world plus every NFT tech protocol, is only about half the size of Cardano (which is worthless). We’re still early.” I agree that we’re still early, but I vehemently disagree that Cardano is worthless. This is a common low blow from an Ethereum Maxi, but anything with a market cap of 69 Billion dollars is FAR from worthless. I mentioned this tweet because the Internet is filled to the brim with the thoughts and opinions of biased people who take this tribal approach to blockchain. With all due respect, this approach is immature, uncalled for and out-right redundant. Like I said earlier, I see the comments, I hear the FUD and its nothing but noise. It’s a distraction from the big picture and the big picture is what I implore my viewership to stay focused on, especially with Cardano. Crypto is a time sensitive subject, and every second you spend leaving a negative comment or spreading FUD, that’s one second you could have spent looking at a chart or focusing on something that you could do to improve your portfolio, and ultimately your financial future. You get out what you put in. Blockchain is meant to bring the world together and make it a better, more efficient place to be. That is what Charles Hoskinson is doing in Africa as we speak. It’s only a matter of time. Bitcoin Dominance is high right now and that’s why Alts are suffering; in a matter of weeks, alts will have their day in the sun, and coins like Cardano are poised to breeze past previous all time highs into price discovery. The patient will prevail.
That’s all I got. Be blessed. BitBoy out!
Bitcoin has had a scary good run over the past few weeks, with haunting1 ETF approval news and price action that could make you scream!2 Today’s Bitcoin update has a Halloween theme, so grab your costume and join us on a trick-or-treat treasure hunt for everything Bitcoin! Futures ETF approvals, price action, mining finally moving to the US. Yep! Bitcoin’s got a broomstick, and it’s flying high. And by the way, don’t feel too sorry for the Bitcoin Bears. They may be an endangered species at this point, but there’s still hope for them… as an ironic Halloween costume. So let’s take a look at what’s new, and what’s coming up next for the biggest haunted house on the blockchain, Bitcoin.Read More
Let’s get it.
Welcome to Bit Boy Crypto; home of the bitsquad, the largest crypto community in all the interwebs. My name is Ben. Everyday on this channel I show you how to make money in crypto. If you like money and crypto make sure to hit that subscribe button. In this video we break down the latest news and updates for Bitcoin.
Last week we saw approvals for two Bitcoin Futures Exchange Trade Funds, or ETFs: ProShares and Valkyrie. A futures ETF is a regulated financial product that gives investors a way to be indirectly exposed to the Bitcoin market. The shares can be bought and sold like stocks, and are underpinned by Bitcoin futures contracts; a type of derivative trading where two parties agree to buy or sell Bitcoin for a predefined price at a later date, no matter what the price ends up being on that day. Although this futures ETF approval is good news, it’s not the same as having a Bitcoin ETF approved by the SEC. Bitcoin ETFs are backed by Bitcoin, while futures ETFs are backed by derivatives. It is still great news that the futures ETFs were approved; it allows more people to become exposed to Bitcoin, and it shows that there could be a roadmap ahead for more EFTs. Speaking of approvals, give this channel yours by smashing up that like button! It helps out the channel and helps spread the news that there’s no trick to investing in Bitcoin; in fact, stacking sats is a treat.
ProShares Futures ETF got its approval on October 18th and started trading the next day on the New York Stock Exchange under the ticker BITO. Proshares filed for their Strategy ETF this summer, and has its funds linked to futures traded on the Chicago Mercantile Exchange, or CME. Last week Valkyrie’s Bitcoin Futures ETF was certified for listing on the NASDAQ exchange, which will make it the second Bitcoin ETF to launch in the United States.
Traders are already going batty for the fund, with The CME seeing record Open Interest in Bitcoin Futures ETFs. The amount of money locked in Bitcoin futures contracts on the Chicago Mercantile Exchange surged to record highs on Friday in wake of the approvals. The dollar value of open interest was 3.64 billion on Friday, a figure that has almost doubled in one month. Glassnode recently revealed that the number of outstanding contracts on the CME has increased by 60%.
Although we’ve known about this for a long time, Grayscale recently tweeted its plans to apply for a spot ETF for its already massive Bitcoin fund. Grayscale’s communications director recently stated that the company will file for the ETF once the SEC isn’t spooked by Bitcoin ETFs, and there is more evidence of their comfort with the underlying Bitcoin market. Even though right now the SEC seems as comfortable as Lurch from the Addams family when it comes to crypto, Grayscale believes that comfort would “likely come in the form of a Bitcoin Futures ETF being deemed effective.”
The roadmap to full Bitcoin ETF approval is definitely in view, and we’re looking forward to news and updates on how all the ETFs pending approval with the SEC will be handled; and how existing funds will get around needing the approvals, in the meantime. Canada already has ETFs, and ARK Invest is considering giving investors indirect exposure to Bitcoin by allowing the fund to gain exposure to crypto assets through Canadian Bitcoin ETFs. As it stands, ARKK ETF is exposed to Grayscale Bitcoin trust and other companies that have made major investments in Bitcoin, such as Coinbase. Adding exposure to Canadian ETFs would make the fund even more Bitcoin-focused.
We may not know how the ETF news and pending approvals will play out, but we do know that Bitcoin is finally getting the credibility it deserves. Yes Bitsquad, the road ahead is clear for frightening gains! I won’t say I told you so, I’ll just settle for an evil laugh (cut to evil laugh track3).
On this channel we have said for a long time that the United States needs to get in the Bitcoin mining game in a big way if they want a competitive edge in crypto. Well, never say never because in an eerie turn of events, being helped along by China’s Bitcoin mining ban, the US has now overtaken China as the world’s biggest Bitcoin mining hub. According to data from the Cambridge Bitcoin Electricity Consumption Index, the United States now has 35 percent of the global Bitcoin network hashrate, followed by Kazakhstan and Russia. Where are Bitcoin miners flocking to? States with low energy costs, of course. Even with its lack of energy reserves and days-long blackouts last winter, Texas has some of the world’s lowest energy prices, with a growing portion coming from renewable energy like wind. It’s deregulated power grids let customers decide who provides their power, and the political leaders in Texas are notoriously pro-crypto. This is a fantastic combination when it comes to attracting Bitcoin miners, who need energy to power mining computations and politicians who support Bitcoin mining.
Another attractive destination for miners is upstate New York. It’s cooler temperatures, reliable energy grid and renewable energy sources are making it a potential destination for mining operations. New York gets most of its energy from hydropower facilities that operate on the Niagara river, and it’s gotten the attention of nearly 20% of Bitcoin miners in what’s being called the Great Mining Migration. There have been some hiccups along the way; some New York State government officials have given Bitcoin mining their best “resting witch face”. They want to take the stress off the power grid that saw a spike in energy prices when local mining began, and they found that the job creation promised by Bitcoin mining didn’t materialize into much. Still, New York State politicians like Colin Reed, former mayor of Plattsburgh, New York, ultimately believe that crypto is the future and all that’s needed is a little policy tweaking to make mining beneficial for everyone.
Bitcoin is continuing on it’s upward trajectory to 100k, and it has mainstream interest and institutional investment “under its spell”. In the past, the mainstream media saw Bitcoin as a Halloween horror story: coverage was vague, elusive and riddled with words like “fraud”, “scam” and “ransom”. Now, Bitcoin is discussed as frequently on mainstream financial media as any other asset, and many prominent institutions and investors hold Bitcoin. Both Bitcoin and Ethereum have tickers on CNBC, and Fidelity just released a series of slides on Bitcoin to educate its investors. The SEC has a long lineup of Bitcoin-backed ETFs awaiting approval, which would be a huge price catalyst if the approvals went through. Mainstream investors who want to use a Roth IRA or other tax free method of investing can buy Bitcoin in a way they’re used to, and this means more people with more exposure to Bitcoin: and logically, price action would follow suit.
According to Plan B’s stock to flow model on how the Bitcoin price will move over time, we’re back in the blue. This model shows the price having another potential leg up in the medium to short term, and the price surge we’ve seen since the mini-bear market, followed by futures ETF approval has found us some new support over 60K. We are projecting new all time highs in the near future, with Bitcoin seeing its best weekly close in history.
So don’t forget to keep stacking satoshi when you’re making your crypto allocations. Stacking SATS may feel like you’re moving at a Zombie pace, too slow and not really getting anywhere, but over time dollar-cost averaging into Bitcoin can leave you with a Bitcoin stash so thrilling it would terrify even the most monstrous trick or treating haul. BOO-ya!
That’s all I got! Be Blessed, Bitboy out.
It’s all eyes on Bitcoin right now after a super bullish couple of weeks. Yep, Rocktober is more than living up to the hype; I’m talking ETF mania, the highest weekly close in market history, and who knows, by the time this video airs, BTC could easily have smashed resistance to make an all time high. There’s no denying that Bitcoin is King right now. Dominance is climbing the Stairway to Heaven while the alts are Biting the Dust on the Highway to Hell. But don’t worry. You’ve got to remember the market cycles. We’re in phase 1 right now. Meaning if Bitcoin is king then Ethereum is Queen, biding her time before a face melting solo in Phase 2: the beginning of a kind of call-and-response with the rest of the large cap alts. It’s only October and Mercury is in retrograde (00.33, stick Eth logo on his head?). So while your altcoin portfolios might be looking a bit static right now, you might be feeling Under Pressure to go all in on Bitcoin. But you’ve just gotta be patient, hold on, and buckle up: this party’s only just getting started.
Let’s get it!
Welcome to BitBoy Crypto, the largest and greatest crypto community in all the interwebs. My name is Ben. Every day on this Channel I show you how to make money in Crypto. If you like money and crypto, be sure to hit that subscribe button. In this video we break down the latest on the Ethereum Blockchain and I update my 2021 price prediction for Ethereum.
My Ethereum Price Prediction for 2021 (Money Making Crypto Flipping Bitcoin)
Ethereum is evaporating into the ether right now, and I’m not just referring to the 2 billion dollars worth that’s been scorched since EIP1559. No, I’m talking about a massive drop in Ethereum exchange reserves that can only mean one thing: an incoming supply shock. Why? Because people aren’t selling. In fact, they’re taking their precious Ether off the exchanges and saving it for a rainy day. And that’s in spite of the fact that over 97% of all Ethereum holders are in profit right now. Meanwhile, the whales are hungry. Just check out this data from Coinbase showing a huge spike in outflows last week to the tune 400,000 ETH tokens, or 1.5 billion dollars. That’s not just a whale, that’s MONSTRO levels of institutional activity we’re seeing right now. And on-chain data shows serious amounts of ETH being moved around, and most likely being split up into multiple wallets***. So when the big boys are scooping up billions of dollars worth of Eth and putting it in cold storage, while almost every single token holder is clearly in the green… well you don’t have to be a genius economist to figure out what happens next.
Speaking of great minds, someone who is selling their Ethereum right now is TV host and leading candidate as a potential lizard person, Jim Kramer. He recently announced that he’d be selling off a portion of his Eth as “the upcoming launch of a bitcoin futures ETF in the U.S. could mark a near-term top for crypto markets”. Look, I’m all for taking profits, but then this is the guy who sold almost all his bitcoin in June. June! When we were telling you to hodl. And who begged his viewers to sell their crypto in light of the Evergrande FUD just last month. I mean he’s got such paper hands I’m amazed he even button his shirt. However, he’s not the only crypto pundit weighing in on Ether this week, as Dallas Mavericks owner Mark Cuban said he believed that of all the crypto assets, it was Ethereum that clearly had the most upside potential. And that’s because, as he put it, ‘Vitalik will figure it out’. I mean, it’s hard not to agree with Cuban on this one. After all, the human supercomputer and Ethereum founder recently made Time Magazine’s 100 most influential people of the year for his innovation… to the rap genre (00’38 – 47). ETH 2.0, yo.
But let’s get serious for a second. It’s hard – if not impossible – not to be bullish as ever on Ethereum given that ETH 2.0 yo could be coming sooner than expected. According to Tim Beiko, the code might be complete by February next year, with the merge to proof of stake on the beacon chain likely to follow four months later. Which is why the nerds at Ethereum have voted to delay the difficulty bomb until June 2022 – a proposal that’ll effectively make mining unviable at that time. This all comes only a week or so before the Altair upgrade is due to take effect later this month, the first mainnet upgrade to the Beacon Chain which, according to a recent official blogpost, offers a kind of “warm-up” in advance of the merge.? So what’s that upgrade going to mean from a user perspective? Well, as outlined in a recent article from Coindesk not only will ETH 2.0 make Ethereum way more energy efficient, it will also mark a transition away from economies of scale. What does that mean? Well it’ll allow users with smaller investments to become validators on the network, which in turn should reduce centralisation and improve security as they become more widespread. And while the move to proof-of-stake won’t necessarily have an immediate impact on gas fees or speed, it ‘will lay the groundwork for sharding’ , which will ultimately see the network load shared across 64 separate chains, massively increasing throughput and speed. Speeds that could reach as high as 100,000 transactions per second. In short, ‘The Merge’ is gonna be scary stuff for the so-called ETH killers.
Yep, it’s hard to believe that this guy created a coin that’s going to at least 8,000 dollars this cycle and at the time of recording is sitting just shy of 4k. But there’s no doubt about it: in spite of the many delays, confidence in 2.0 remains high as ever, with the deposit contract now showing approximately $28 Billion in ETH being staked. And zooming out into the wider DeFi space, Ethereum is capturing a huge 69% of total value locked across all the different chains – totalling no less than 130 billion dollars. This is all super bullish. And you can be sure that as soon we enter Phase 2 of the market cycle and money starts pouring into Ethereum, well, it’s gonna break Break Free in a serious way: and yes, it’s still totally possible we’ll see the marketcap Flippening at some point this cycle.
A possible catalyst could be rumours of an upcoming Ethereum ETF. I know, I know literally only been a few days since a Bitcoin futures ETF was approved, but already people are getting excited about the prospect of the SEC allowing an ‘ETH-TF’. After all, they’ve already said Ethereum isn’t a security. And while I’m not sure it’ll happen that quickly, it’s clearly the next in line. So much so that applications with the SEC are currently pending: including one from Krypton and Gemini Trust Company, who’ve offered to serve as custodians and hold the trust’s Ethereum. Yep, this isn’t even futures ETF we’re talking about here, it’s a spot ETF, which means that given Dirty Garry Gensler is in charge of the show, I wouldn’t at all be surprised to see it rejected. But here’s something to think about. Forget outcomes: the hype alone around a possible Ethereum ETF could easily send ETH into the stratosphere in the coming months. I’m talking north of ten thousand, possibly as high 12, 14, 15 thousand dollars. And what if an eventual rejection from the SEC is the killer blow that sends it crashing back down – a clear-cut case of ‘buy the rumour and sell the news’, which is exactly what happened to Bitcoin back in 2018. Who knows, but I can totally see it happening and definitely something we’ll be keeping an eye on in the next couple months.
In the meantime, I’ll say just this: don’t be like Jim Kramer. And definitely do not sell your Ethereum when it still off it’s all time high. When this thing pops… it’s going to be like getting full sized candy bars on Halloween.
That’s all I got. Be Blessed. Bitboy Out.
Three common questions people ask me on a daily basis are: Ben what’s your favorite layer 2 project? – What’s a more scalable smart contract solution compared to Ethereum? – What’s the best low cap gem available on the most popular exchanges? The truth is, these three questions have one answer. Cartesi.
Lets get it!
Welcome to BitBoy Crypto. Home of the Bitsquad, the largest crypto community in all of the interwebs. My name is Ben. Every day on this channel I show YOU how to MAKE MONEY in Crypto. If you like money and crypto then make sure to hit that subscribe button. In this sponsored video, we will discuss recent news involving Cartesi, information about staking their native token CTSI and why Q4 will be MASSIVE for this up-and-coming project.
100x Low Cap Gem (Future Hall of Fame Altcoin)
In previous videos we have discussed how Cartesi has approached solving convenience and scalability issues many blockchain protocols deal with by creating an infrastructure that is compatible with the industry standards of software development. Many blockchains are coded in languages that few developers are familiar with, therefore it’s a daunting task for the masses to get involved. Cartesi on the other hand, is compatible with Linux, which is the go to language for a vast number of programmers. One of Cartesi’s mission statements is to close the gap between centralized and decentralized applications, both in terms of possibility and convenience. Running on Linux eliminates numerous limitations that countless blockchains face by empowering thousands decentralized app developers to build products for the masses in a convenient manner. Cartesi combines its own virtual machine, optimistic rollups, and side chains to revolutionize the way developers create blockchain applications.
Cartesi’s sidechain Noether is a data availability oracle optimized for ephemeral data. Since Cartesi is a layer 2 solution, it uses this underlying blockchain to do the heavy lifting such has solving complex problems, randomization, timing attacks and more. This allows DApps to temporarily move and store files for lower fees. The name of this side chain, Noether, is a bit of a DOUBLE ENTENDRE because it’s a nod to the German mathematician Amalie Emmy Noether as well as wordplay that suggests data storage will be cheaper on Cartesi than on Ethereum, hence “No Ethereum”, “No ETHER” (Get it?) During the beta phase, Cartesi worked with three staking partners: Everstake, Blockscope and HashQuark to ensure block production and accurate testing. Testing was very secure and smooth. Since the three-phase beta step is now complete, I am very happy to tell you that Noether proof of stake system’s staking delegation is now fully launched on mainnet. After a successful mainnet beta period, anyone is now able to create a fully decentralized pool where CTSI holder can delegate their tokens in a safe and trusted environment with no caps or limits. CTSI holders can now create and manage staking pools as well. This is great news for CTSI holders because it’s fully decentralized: there are no risks to your CTSI and you maintain complete ownership at all times. If the pool you are staking to does not run its node properly, you can easily move to another one. On October 18th, Cartesi tweeted that they have staked 118.89 million tokens following the full release of Noether’s Staking Delegation on Mainnet.
You can start staking and earning rewards and simultaneously help to secure the Noether network. If you want to Stake your CTSI with the BitSquad, don’t worry we’re hard at work making a Cartesi pool that will be live VERY soon. There is an in depth step-by-step guide on the Bitsquad website. Essentially, you will need to have CTSI and ETH in your Metamask wallet. Then go to https://explorer.cartesi.io/ and click on “Connect to Wallet”. Select the Bitsquad pool – set an allowance – deposit your tokens – stake your tokens then kick back and enjoy the rewards.
On a bigger scale it’s important to stake your tokens so your money makes more money and because with staking CTSI you hold onto the Cartesi project token. This way, you support Cartesi’s project: a layer-2 solution that integrates Linux and standard programming environments to the blockchain. Allowing developers to code scalable smart contracts with the rich software tools and components they are used to. Blockchain adaptation is a niche in the world of computer developers. Only 0.1% of developers have explored blockchain because of its inconveniences. Developers worldwide deal with very restrictive environments and cannot code smart contracts with mainstream software. With an operating system like Linux, they could use existing software and tools to create blockchain applications.
Now that you’re up to speed on Cartesia staking, let’s talk tokenomics, CTSI is ranked #239 on Coinmarketcap and currently priced at $0.71 cents, up almost 18% in the past 7 days. Its all time high of $1.75 was reached on May 8th of this year. Its market cap is $311,579,884 with an available supply of 431,384,248. The total supply is 1 million. Keep in mind that to get into the Top 100 coins, you’ll need a market cap of just over 1 billion dollars, which is a completely possible goal for this project to achieve. For some moon math, if CTSI were to get its market cap to 1 billion, the price would be $3.21. 4.5x sounds good to me. This project is seriously undervalued and it is without a doubt one of my personal favorite alt-coin gems to keep my eye on.
If you don’t own CTSI yet, it’s very easy to acquire as it’s on Coinbase, Kraken, Binance an KuCoin and other leading exchanges.
But don’t exchange anything unless you are subscribed to the Bitsquad and you can do that by smashing that like and subscribe button.
In a recent Medium article by Colin Stell, Last month alone Cartesi updated the “implementation of the Rollup Machine Manager, a service that will act as an interface between the high level Rollup logic and the Cartesi Machine.” Cartesi “Completed architectural updates on the Cartesi Machine Emulator to support the Rollups requirements.” As well as making improvements on the Descartes Machine Manager and making progress on towards the full MVP implementation of the Texas HODL’em Poker game they’re creating. Cartesi is “Check, Raising” Ethereum by giving thousands of Linux developers a foot in the door to develop smart contract DApps. It’s clear and obvious that Cartesi is one of the hardest working and innovating teams in the space, they’re years ahead of the curve and because of this, I want to drive home this final point.
When you spend enough time researching and learning the interworkings of hundreds projects, you will quickly find that the most successful projects tend to have strong leaders who are intelligent enough to see past the immediate and have the foresight to understand what the space will need 5-10 years down the road. After countless years of trial and error, I found that it’s best to invest in projects that align with your personal wants, needs and beliefs. This is the type of research I want every new trader in the space to do. By getting educated you’re not just throwing money at a crypto ticker; you’re supporting a cause that you believe in. Yes, we’re in this game to make money, but you’ll quickly learn that immersing yourself in this space is a lifestyle decision that takes up a vast amount of time and energy. If you’re going to invest your hard earned money into a project, don’t FOMO into the latest MEME coin or what you see the comments section talking about. A cause that means a lot to me is decentralization and privacy. These are two common denominators are the beating heart of Cartesi. No one wants to their online data to be used against them by big tech corporations. These centralized conglomerates overstep their boundaries on a daily basis, and they will find a way to cancel you if you rattle their cage. YouTube pages get blocked or shadow banned, Facebook will take down your posts, people lose their blue checkmarks on Twitter or Instagram, all because you say something that goes against their biased “guidelines”, even if what you’re saying is factual or scientifically proven. In time, blockchain will be a major catalyst for the progression of the Internet, which will allow content creators to not have to walk on eggshells. Erick de Moura, Founder and CEO of Cartesi, elegantly elaborated on this idea in a series of tweets “Decentralization doesn’t matter until it becomes indispensable. When monopolies that intermediate everything people do on the Internet fail, it is either dangerous, painful, or expensive”
“The internet can be way better! In the early days of Web1.0, it was controlled by the community. This democratic, inclusive and free spirit of the Internet can be recovered. This is why decentralization and blockchain tech matter”
With an industry standard compatible computing system, strong leadership, Noether staking and delegation on the mainnet, a blockchain poker app on its way and a hardworking team constantly developing and improving their infrastructure are all contributing to factors to why I believe that Cartesi is an altcoins GEM that will catapult itself into the top 100 in due time. Don’t be scared to put your chips in the pot. Gems like Cartesi are the types of diamond hands that pay off big in the world of crypto; I’m all in.
That’s all I got, be blessed, BitBoy out.
BitBoy Crypto is the place where you can get the latest crypto news, project reviews, and cryptocurrency trading advice. Learn about different altcoins, historical Bitcoin cycles, & get the latest Ethereum news. Come be part of our community which we call the BitSquad.
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BitBoy Crypto is the place where you can get the latest crypto news, project reviews, and cryptocurrency trading advice. Learn about different altcoins, historical Bitcoin cycles, & get the latest Ethereum news. Come be part of our community which we call the BitSquad.
DISCLAIMER: Please be advised that I am not a professional advisor in business areas involving finance, cryptocurrency, taxation, securities and commodities trading, or the practice of law. The information and content written, broadcasted, and/or disseminated by and through "BitBoy Crypto" is intended FOR GENERAL INFORMATION PURPOSES ONLY. Nothing written or discussed is intended to be construed, or relied upon, as investment, financial, legal, regulatory, accounting, tax or similar advice, nor should it be. All content expressed, created, and conveyed by "BitBoy Crypto" is premised upon subjective opinions pertaining to currently-existing facts readily available.